| View previous topic :: View next topic |
| Author |
Nifty View |
ridinghood
Yellow Belt
Joined: 16 Apr 2009
Posts: 724
|
Post: #706  Posted: Thu Feb 09, 2012 3:24 pm Post subject: |
 |
|
hi ajai
the 78.6% retracement was exactly at 5421.
nd today's low was at 38.2% retracement near 5337.
regs
ridinghood |
|
| Back to top |
|
 |
|
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #707 Posted: Thu Feb 09, 2012 3:27 pm Post subject: |
|
|
| heavy buying by FIIs today? |
|
| Back to top |
|
|
veekas
White Belt
Joined: 24 Aug 2011
Posts: 117
|
| Post: #708 Posted: Thu Feb 09, 2012 3:33 pm Post subject: |
|
|
| vinay28 wrote: | | heavy buying by FIIs today? |
If FII buy, they ll be buying for next day too (Normaly).
so 5500 Tommorow? |
|
| Back to top |
|
|
ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
|
| Post: #709 Posted: Thu Feb 09, 2012 3:33 pm Post subject: |
|
|
| vinay28 wrote: | | heavy buying by FIIs today? |
yes ... double of yesterday |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #710 Posted: Thu Feb 09, 2012 3:40 pm Post subject: |
|
|
| AJAYHKAUL wrote: | | vinay28 wrote: | | heavy buying by FIIs today? |
yes ... double of yesterday |
One must expect some profit booking from tomorrow onwards, I guess. cos, even Bank Nifty is heading for its next resistance of 10700 levels.... |
|
| Back to top |
|
|
ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
|
| Post: #711 Posted: Thu Feb 09, 2012 4:14 pm Post subject: |
|
|
psalm ....That sentiment follows from 'how long is this rise going to be'?
First some real bad news is required to stop this train
Second ..all strategies will seem to be working now , even no strategy! ie random picks . Duds will wake up.Even a chimp can pick a stock these days... also this ease of making money will bring in the ducks aka public .....I once again refer you to the price/emotion chart
Third....The volumes are phenomenal and there is a game plan behind this ie IPOs /divestment of PSUs or some such. Be careful around that time.
Fourth ...has media taken up this story ? I mean the regular magazines catering to family reading (not the stock market mags) . Not yet ..so the public is still sleeping .
Fifth ..watch yourself ...when you throw caution to the winds ( like ..what the ..hell) ... I will know
 |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #712 Posted: Thu Feb 09, 2012 7:38 pm Post subject: |
|
|
sam, now you have turned green! 
sam/ajay/others
can you believe sensex and nifty are used to rally 72% above their 89 week sma in 1st wave and it has not happened since 2003 |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #713 Posted: Thu Feb 09, 2012 8:02 pm Post subject: |
|
|
| AJAYHKAUL wrote: | psalm ....That sentiment follows from 'how long is this rise going to be'?
First some real bad news is required to stop this train
Second ..all strategies will seem to be working now , even no strategy! ie random picks . Duds will wake up.Even a chimp can pick a stock these days... also this ease of making money will bring in the ducks aka public .....I once again refer you to the price/emotion chart
Third....The volumes are phenomenal and there is a game plan behind this ie IPOs /divestment of PSUs or some such. Be careful around that time.
Fourth ...has media taken up this story ? I mean the regular magazines catering to family reading (not the stock market mags) . Not yet ..so the public is still sleeping .
Fifth ..watch yourself ...when you throw caution to the winds ( like ..what the ..hell) ... I will know
|
Yes Ajay, I think at times about that....its not about disbelief......but I'm just getting ready in case I need to exit. Having said that, I will be riding this upmove as long as the market closes above 13-day EMA...which is around 5243 now.
You're right. Most of the stocks are going up. The only thing to remember here is timing. If the timing is correct, then you can make a lot of money. When all the stocks including the small caps and penny stocks are going up like this, one must be a bit cautious.
If there are fresh issues coming to the market, then the upmove will halt for a while, cos the new issues will suck all the liquidity. Think about the Rpower and Coal India issues.
Last edited by psalm on Thu Feb 09, 2012 8:05 pm; edited 1 time in total |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #714 Posted: Thu Feb 09, 2012 8:03 pm Post subject: |
|
|
| vinay28 wrote: | sam, now you have turned green!
sam/ajay/others
can you believe sensex and nifty are used to rally 72% above their 89 week sma in 1st wave and it has not happened since 2003 |
green??....oh yea...after all, I'm your follower...rit? |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #715 Posted: Fri Feb 10, 2012 9:14 am Post subject: Nifty Outlook |
|
|
Hi,
Market might open around 5400 as per the pre-open rates. Asian markets are trading slightly in red. However, after yesterday's move, our markets have momentum on our side. So, certain stocks might witness heavy buying. Support for the day exist in the range 5365-5360 while the the range 5445-5460 might offer resistance.
SAM |
|
| Back to top |
|
|
ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
|
| Post: #716 Posted: Fri Feb 10, 2012 10:04 am Post subject: |
|
|
| After pouring more than $2bn in January, FIIs have already bought equities worth $1 billion so far in February. The Indian market continues to outperform global peers on improving economic scenario and investor sentiments. ! |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #717 Posted: Fri Feb 10, 2012 10:41 am Post subject: |
|
|
| there is a -ve div on rsi |
|
| Back to top |
|
|
sachin2278
White Belt
Joined: 13 Jun 2011
Posts: 21
|
| Post: #718 Posted: Fri Feb 10, 2012 11:24 am Post subject: nifty 5400 put |
|
|
| hi. sam ! there was seller in 5400 put from morning .They must be Writing in anticipation of market going up. any suggestion....... |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #719 Posted: Fri Feb 10, 2012 11:35 am Post subject: |
|
|
| I am hoping for 5360/45 |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #720 Posted: Fri Feb 10, 2012 11:51 am Post subject: Re: nifty 5400 put |
|
|
| sachin2278 wrote: | | hi. sam ! there was seller in 5400 put from morning .They must be Writing in anticipation of market going up. any suggestion....... |
Selling PUTs means bullish outlook....however, one may not be able to tell anything just by looking at the option data for a small session. But if the trend continues, then it will more credibility to the prevailing bullishness. But a correction of 100 or 150 points cant be ruled out at this point of time. If there is a correction and if it stops there, then it will be a very healthy one.
Regards,
Sam |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
