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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #571 Posted: Thu Feb 02, 2012 11:58 am Post subject: |
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ok sam 5295 is fine because worst case SL is 5310 but why intentionally loose more?
But if does go down, I feel 5210/5200 may be possible provided it breaks 5250 again. 13.30 to 3 pm crucial |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #572 Posted: Thu Feb 02, 2012 12:13 pm Post subject: |
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vinay28 wrote: | ok sam 5295 is fine because worst case SL is 5310 but why intentionally loose more?
But if does go down, I feel 5210/5200 may be possible provided it breaks 5250 again. 13.30 to 3 pm crucial |
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ESNMURTY White Belt
Joined: 31 Oct 2009 Posts: 380
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Post: #573 Posted: Thu Feb 02, 2012 12:17 pm Post subject: Nifty |
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Dear Sam,
I have closed all positional longs in stocks.Do you advise any Put? |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #574 Posted: Thu Feb 02, 2012 12:29 pm Post subject: Re: Nifty |
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ESNMURTY wrote: | Dear Sam,
I have closed all positional longs in stocks.Do you advise any Put? |
Hi Murty,
Dont do anything now...Thats my opinion. That's what I feel. But most of the market people are bullish about the market. I'm not convinced yet. But shorting doesn't look like a good idea. However, if you want to buy any PUTs, you can go for lower level PUTs. like the 5100 or 5000 PUTs. Buying 5100 PUT around 42 or 43 rupees with stoploss of 5 or 6 rupees wont be a bad idea (You have asked me about any trading idea, thats y suggesting this). Other than that, the market is not giving any signals, neither BUY nor SELL. The people who were buyers have made money in the last few days. Thats y I'm a bit cautious.
Regards,
Sam |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #575 Posted: Thu Feb 02, 2012 12:58 pm Post subject: |
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not a bad idea sam since expiry is long away! |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #576 Posted: Thu Feb 02, 2012 1:35 pm Post subject: |
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time for volatility has become? |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #577 Posted: Thu Feb 02, 2012 1:37 pm Post subject: |
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vinay28 wrote: | time for volatility has become? |
WOWW....CONGRATS....Brown Belt......
Last edited by psalm on Thu Feb 02, 2012 1:42 pm; edited 1 time in total |
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ragarwal Yellow Belt
Joined: 16 Nov 2008 Posts: 582
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Post: #578 Posted: Thu Feb 02, 2012 1:41 pm Post subject: |
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hi vinay,hru.i wil not post anything on silver on this thread but wil start a new one if needed,i too was thinking along the same lines that day.btw my stop fr silver is 34.2 on comex as mcx v cant rely coz of dollar rupee movement.
regds rashmi |
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kishjk7551 White Belt
Joined: 26 Jan 2008 Posts: 293
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Post: #579 Posted: Thu Feb 02, 2012 1:51 pm Post subject: |
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Congrats Vinay .....Brown Belt..... now will we see the market celebrate your Brown Belt !!!!!!
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ajayhkaul Yellow Belt
Joined: 18 Jun 2009 Posts: 866
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Post: #580 Posted: Thu Feb 02, 2012 2:11 pm Post subject: |
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kishjk7551 wrote: | Congrats Vinay .....Brown Belt..... now will we see the market celebrate your Brown Belt !!!!!!
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welcome to the shaolin temple ,Vinay |
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #581 Posted: Thu Feb 02, 2012 2:31 pm Post subject: |
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Vinay
Why are you changing your colors so frequently |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #582 Posted: Thu Feb 02, 2012 3:02 pm Post subject: |
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I am not a chameleon nor do I want to be one!
On serious note 5250 NS is holding and it's 3 pm now |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #583 Posted: Fri Feb 03, 2012 11:13 am Post subject: Nifty Outlook |
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Hi All,
Nifty is trading around 5275 now. The support for the Index is in the range 5248-5253 below that 5222 will be tested. On the upside the resistance is around 5286-5290. If the levels is broken, then 5306 will be the next resistance. However, the important levels to watchout for the day will be 5253 and 5287. Any breach of these levels might affect the sentiment of the market for the day.
Regards,
Sam |
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anand1234 Yellow Belt
Joined: 17 Jul 2010 Posts: 830
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Post: #584 Posted: Fri Feb 03, 2012 11:33 am Post subject: |
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hi...............
just my observation.....wants to share with u.............according to me if 5315...........NF breaks we can c up move till 5450 -5490.........max to max...............then we can expect sharp dwn fall till 4300..............because doller looks like take a up move again till 52 vs Rs.........if all this happens we can expect the same.......just my observation......experts can comments
thanks
anand |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #585 Posted: Fri Feb 03, 2012 12:01 pm Post subject: Nifty |
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anand1234 wrote: | hi...............
just my observation.....wants to share with u.............according to me if 5315...........NF breaks we can c up move till 5450 -5490.........max to max...............then we can expect sharp dwn fall till 4300..............because doller looks like take a up move again till 52 vs Rs.........if all this happens we can expect the same.......just my observation......experts can comments
thanks
anand |
I am not an expert Anand, but still commenting. I dont have any idea where Nifty is heading as of now. I have been a Fiery Bear until a few days back. . But i dont have that fire anymore... ....But i'm not a Bull yet. Thats why i'm not thinking about trading on the LONG-side. But I'm not shorting the index as well. I'm neutral to the market now. But since the market has gone a lot from the 4500 levels, I think the risk is less shorting certain stocks. I'm after shorting opportunities in the stock futures segment. Having said all these things, I'll start buying again, once I feel that the market is not bearish anymore.
Regards
Sam |
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