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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #5326 Posted: Thu Oct 04, 2012 9:55 am Post subject: |
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stevenmat wrote: | i'm really excited to see the USD cracking |
We are below 52.15 now which was earlier all time high after which we made new high above 57.
I think INR 51.50-51.75 should find support. |
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manojkr78 Green Belt
Joined: 07 Mar 2011 Posts: 1014
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Post: #5327 Posted: Thu Oct 04, 2012 10:28 am Post subject: |
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apka,
thanks for ur updates on USD keep updating whenever you observe somthing on ur charts |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #5328 Posted: Thu Oct 04, 2012 10:49 am Post subject: |
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apka, 51.95 is a support but 50.50 is possible in future |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #5329 Posted: Thu Oct 04, 2012 10:57 am Post subject: |
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Dear Vinay,
Under the circumstances what will be the best strategy? if we are looking at expiry at 5373 NS levels.
Regards.
saumya12 wrote: | vinay28 wrote: | saumya, why should it increase your worry? I have actually clarified with a caveat. |
Let me clarify, the point of concern.
When you say
Rahulsharmaat wrote: | Vinay
what does this hawala indicate
Exp 5353-- means nifty projected to be expired around 5353--
is it so ??? |
vinay28 wrote: | yes rahul, 5373NF as per him |
It means that the oct series will/may expire at 5373. That means one can safely square off ones holdings by say by 19th or any time before that.
And when you add your caveat and say
vinay28 wrote: | apka/steve - just in case you get mislead by my earlier response, note that while Jagdish has given what he thinks will be the EXP level during this expiry (not necessarily on expiry day), it is provided Risk level is broken. |
Your caveat means that it can be any day of oct series, may be next Monday (GOD forbid) . Thats the point of concern
Thats the difference of the two versions.
I hope that I made my point of view clear. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #5330 Posted: Thu Oct 04, 2012 11:09 am Post subject: |
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Taxmann, note the caveat for such a low close by expiry and that is break of 5597NF. I don't know whether that will happen but I feel that market will react from here and metal stock may go up. I have bought 5700pe now with a SL of a few points above today's high as I feel it may try to visit yesterday's high
Last edited by vinay28 on Thu Oct 04, 2012 11:11 am; edited 1 time in total |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #5331 Posted: Thu Oct 04, 2012 11:11 am Post subject: |
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Saumya: To match Vinay's 2 varieties of opinion (with or without caveat), there are 2 types of options: European (square off only at expiry) and American (square off whenever u want before or at expiry!) Way to go, Vinay! Prakash Holla |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #5332 Posted: Thu Oct 04, 2012 11:14 am Post subject: |
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there were no 2 opinions prakash. I just clarified noting that I had not given a clear post. By the way, ftse/nifty crossover took place today at 5791. It will be interesting to see how the two behave from here. |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #5333 Posted: Thu Oct 04, 2012 11:20 am Post subject: |
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Vinay:
1 I am happy to see that u can take a little 'firki' without getting BP
2 Please clarify whether the FTSE/ Nifty cross is a golden one or otherwise. And what it meant/ produced on earlier occasions
Prakash Holla |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #5334 Posted: Thu Oct 04, 2012 11:39 am Post subject: |
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vinay28 wrote: | apka, 51.95 is a support but 50.50 is possible in future |
ya just for immediate support or bounce i meant. even 51.50 could break if rally continues |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #5335 Posted: Thu Oct 04, 2012 11:46 am Post subject: |
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prakash, historically, in the past whenever nifty crossed over ftse, the former went up and latter down. give or take 10 sessions for this to happen. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #5336 Posted: Thu Oct 04, 2012 12:16 pm Post subject: |
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vinay28 wrote: | prakash, historically, in the past whenever nifty crossed over ftse, the former went up and latter down. give or take 10 sessions for this to happen. |
near about when INFY results monday 15th oct then |
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rakpeds White Belt
Joined: 24 Jun 2012 Posts: 481
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Post: #5337 Posted: Thu Oct 04, 2012 12:18 pm Post subject: |
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vinay28 wrote: | prakash, historically, in the past whenever nifty crossed over ftse, the former went up and latter down. give or take 10 sessions for this to happen. |
so now nifty will go more high and the ftse will go more lower is it so |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #5338 Posted: Thu Oct 04, 2012 12:22 pm Post subject: |
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normally yes rakpeds |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #5339 Posted: Thu Oct 04, 2012 1:30 pm Post subject: |
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At what time is the ECB meet (in IST) |
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SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
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Post: #5340 Posted: Thu Oct 04, 2012 2:24 pm Post subject: |
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Wondering if Spain does not want a bailout, will that mean the ECB bond buying will not start?
How will that impact the market? |
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