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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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Post: #721  Posted: Fri Feb 10, 2012 11:52 am Post subject: |
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| vinay28 wrote: | | I am hoping for 5360/45 |
5360 levels are not so far from here...vinay...  |
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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| Post: #722 Posted: Fri Feb 10, 2012 12:04 pm Post subject: |
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| vinay28 wrote: | | I am hoping for 5360/45 |
Hoping Vinay?
Its Friday , remember ? what do the stars foretell ? |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #723 Posted: Fri Feb 10, 2012 12:13 pm Post subject: |
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relax man!
5381 already low. If it doesn't and crosses 5400, I will buy |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #724 Posted: Fri Feb 10, 2012 12:15 pm Post subject: |
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| let's wait for 12.40/45 or at the most 1 pm. The -ve div on rsi should play out first |
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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| Post: #725 Posted: Fri Feb 10, 2012 12:26 pm Post subject: |
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I am happy with nifty holding 5375 at close .And as long as we dont crack 5326 its just the Friday blues
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ridinghood
Yellow Belt
Joined: 16 Apr 2009
Posts: 724
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| Post: #726 Posted: Fri Feb 10, 2012 12:30 pm Post subject: |
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hoping for atleast 5490 on the upside. if not so atleast 5260 on nifty spot today itself taking weekly range of just 170 pts.
regs
ridinghood |
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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| Post: #727 Posted: Fri Feb 10, 2012 12:58 pm Post subject: |
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Economic growth could slip to 6.9% this year, the government said, the first time this year it has used a number less than 7% in its comments about the economy and eliciting reactions ranging from surprise to vindication to denial.
Finance Minister Pranab Mukherjee, who started the year expecting a growth rate of 9% before progressively scaling down his forecasts, said he was hopeful of an upward revision later.
India's prized investment-grade credit rating is facing pressure due to weak government policy-making, slower economic growth and stubborn inflation, ratings agency Standard & Poor's warned, earlier this week.
Bad news ?
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #728 Posted: Fri Feb 10, 2012 1:05 pm Post subject: |
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| AJAYHKAUL wrote: | Economic growth could slip to 6.9% this year, the government said, the first time this year it has used a number less than 7% in its comments about the economy and eliciting reactions ranging from surprise to vindication to denial.
Finance Minister Pranab Mukherjee, who started the year expecting a growth rate of 9% before progressively scaling down his forecasts, said he was hopeful of an upward revision later.
India's prized investment-grade credit rating is facing pressure due to weak government policy-making, slower economic growth and stubborn inflation, ratings agency Standard & Poor's warned, earlier this week.
Bad news ?
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I hope the FM makes some policy initiatives in this budget...its been a long time.....some decision on GST might help....  |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #729 Posted: Fri Feb 10, 2012 1:11 pm Post subject: |
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| AJAYHKAUL wrote: | I am happy with nifty holding 5375 at close .And as long as we dont crack 5326 its just the Friday blues
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Close below 5379 will invite some short sellers, I feel.... |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #730 Posted: Fri Feb 10, 2012 1:13 pm Post subject: |
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| 5360 |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #731 Posted: Fri Feb 10, 2012 1:14 pm Post subject: |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #732 Posted: Fri Feb 10, 2012 1:26 pm Post subject: |
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5340 should hold....else, we might test 5320... |
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maddyprincess
White Belt
Joined: 15 Nov 2011
Posts: 160
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| Post: #733 Posted: Fri Feb 10, 2012 1:26 pm Post subject: |
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| maddyprincess wrote: | Looks like this rally might bring bears back !!!!! and some consolidation
Anybody for it ????? |
 Nobody was with me yesterday |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #734 Posted: Fri Feb 10, 2012 1:28 pm Post subject: |
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| 5346.65 |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #735 Posted: Fri Feb 10, 2012 1:42 pm Post subject: |
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| maddyprincess wrote: | | maddyprincess wrote: | Looks like this rally might bring bears back !!!!! and some consolidation
Anybody for it ????? |
Nobody was with me yesterday |
hahaha..maddy....let the market close first....if the market close weak like this, then there is chance of another 100 points down....but if the market closes around 5380, then nothing wont be changed as far as the prevailing trend of the market is concerned..... |
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