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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #601 Posted: Fri Feb 03, 2012 3:00 pm Post subject: |
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Sahil_investor wrote: | bro... I wont be that sure... I need a confirmation first that it is now bullish...
although it is bullish |
hahaha...in that way, i'm not sure as well...but we'll never be able to digest this move if we are just looking for confirmation....we can find lot of resistances on the way up...cos, we have fallen from 6300 levels....So, i'm trying to force my mindset to be a bull now.... ....Its like betraying myself as a technical analyst.....but as a trader, I have no other way......thats the way to make money as of now...I guess... |
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ESNMURTY White Belt
Joined: 31 Oct 2009 Posts: 380
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Post: #602 Posted: Fri Feb 03, 2012 3:10 pm Post subject: |
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vinay28 wrote: | ????? Murty you should have squared off puts and kept calls! |
Disposed off both |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #603 Posted: Fri Feb 03, 2012 3:28 pm Post subject: |
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ESNMURTY wrote: | vinay28 wrote: | ????? Murty you should have squared off puts and kept calls! |
Disposed off both |
its ok Murty, the most important thing is that you should be comfortable with your positions....if you are not comfortable, then its ok....you'll get hell lot of opportunities again....Anyway, you have made atleast something out of that trade..so, its fine..... |
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anand1234 Yellow Belt
Joined: 17 Jul 2010 Posts: 830
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Post: #604 Posted: Sat Feb 04, 2012 12:38 pm Post subject: |
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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 still beleave mkt shd go up till 5450 -5490 level...........within 2 -3 days...........after that sharp fall till 4300 level..............within 20 -30 days..............that means we could c fall will b start from 9th -10th feb 2012.............so take care at this level.......doller will b up.........AND one more things......court will b announced dicission against CHIDAMBARAM.............if it will b nagative ....GOVT will face more trouble ...........then even we may c unwanted PERLIAMENT election also so early.............if all this happen then we may c sharp fall from here..........so take care
above mentioned comments is absolutely mine.....my observation only........all comments r welcome
thanks
anand |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #605 Posted: Sat Feb 04, 2012 1:36 pm Post subject: |
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petition against chitambaran dismissed. now we wait till feb 17? too late I guess |
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bismillah001 White Belt
Joined: 26 Sep 2009 Posts: 2
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Post: #606 Posted: Sat Feb 04, 2012 2:27 pm Post subject: |
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wht abt aban. any thought or analysis |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #607 Posted: Sat Feb 04, 2012 9:08 pm Post subject: |
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bismillah001 wrote: | wht abt aban. any thought or analysis |
Hi Bismillah001,
I'll post my opinion on Aban in the thread dedicated for the stocks, ie, "Individual Stocks". This thread is for Nifty or BankNifty only.
Regards,
Sam |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #608 Posted: Mon Feb 06, 2012 9:20 am Post subject: Nifty Update |
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Hi,
Nifty is trading around 5375 now. The index has resistance in the range 5405-5420. There is nothing wrong in booking some profit if you are long from lower levels. It doesn't mean that the market will crash from here. For people looking to enter the market, this is not the right moment, I believe. They will get slightly lower levels, I believe. However, if you are still courageous enough, then you can go ahead and buy. There is nothing wrong in looking for good stock ideas. But for the index, its better to wait for a while. The support for the day exists around 5275.
Regards,
Sam |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #609 Posted: Mon Feb 06, 2012 9:30 am Post subject: |
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I feel nifty will go down today till 2.10 pm. likely levels 5340, 5315, 5290. It may make sense to buy then as sam said |
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ajayhkaul Yellow Belt
Joined: 18 Jun 2009 Posts: 866
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Post: #610 Posted: Mon Feb 06, 2012 9:39 am Post subject: |
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To my little knowledge , Classic TA cannot predict these moves .
Even Elliot must be turning in his grave for the fourth time in weeks.
We know the fundamental reason and we know that the market participants will behave as in the chart below.
Vinay ,at this moment it does not look like we have any correction coming , unless there is an effort to shake weak hands.
On the contrary ,it seems like a big move today also....will the stars intervene? |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #611 Posted: Mon Feb 06, 2012 9:46 am Post subject: |
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AJAYHKAUL wrote: | To my little knowledge , Classic TA cannot predict these moves .
Even Elliot must be turning in his grave for the fourth time in weeks.
We know the fundamental reason and we know that the market participants will behave as in the chart below.
Vinay ,at this moment it does not look like we have any correction coming , unless there is an effort to shake weak hands.
On the contrary ,it seems like a big move today also....will the stars intervene? |
I expect it after 5400 because another obstacle as far as the trend is concerned will be over by then.....Anyway, I agree with your opinion that its pretty difficult to predict anything........But i couldn't control myself from another prediction....hahaha...
As someone said..."I CAN RESIST ANYTHING BUT TEMPTATOIN" |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #612 Posted: Mon Feb 06, 2012 9:46 am Post subject: |
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will the stars intervene?
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ajayhkaul Yellow Belt
Joined: 18 Jun 2009 Posts: 866
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Post: #613 Posted: Mon Feb 06, 2012 9:55 am Post subject: |
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psalm wrote: | AJAYHKAUL wrote: | To my little knowledge , Classic TA cannot predict these moves .
Even Elliot must be turning in his grave for the fourth time in weeks.
We know the fundamental reason and we know that the market participants will behave as in the chart below.
Vinay ,at this moment it does not look like we have any correction coming , unless there is an effort to shake weak hands.
On the contrary ,it seems like a big move today also....will the stars intervene? |
I expect it after 5400 because another obstacle as far as the trend is concerned will be over by then.....Anyway, I agree with your opinion that its pretty difficult to predict anything........But i couldn't control myself from another prediction....hahaha...
As someone said..."I CAN RESIST ANYTHING BUT TEMPTATOIN" |
What if the liquidity force is building up today to break 5400 and settle above that? that's a more likely scenario. Unless at 2.10pm Vinay's stars and planets intervene ( enough is enough !)
Last edited by ajayhkaul on Mon Feb 06, 2012 10:01 am; edited 1 time in total |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #614 Posted: Mon Feb 06, 2012 9:59 am Post subject: |
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Let's see.. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #615 Posted: Mon Feb 06, 2012 10:12 am Post subject: |
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ajay, I said market may go down till 2.10pm. it may then start going up and may also go up tmrw. I feel 5485 on spot may be max |
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