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vinay28
Black Belt
Joined: 24 Dec 2010
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Post: #766  Posted: Tue Feb 14, 2012 10:56 am Post subject: |
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| market readying for inflation nos. |
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psalm
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Joined: 12 Nov 2011
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| Post: #767 Posted: Tue Feb 14, 2012 11:09 am Post subject: |
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| vinay28 wrote: | | market readying for inflation nos. |
I feel that the market will test 5460 levels and even 5490 levels today.....vinay.....  ..hehehe |
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psalm
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Joined: 12 Nov 2011
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| Post: #768 Posted: Tue Feb 14, 2012 2:12 pm Post subject: Re: Nifty |
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| psalm wrote: | | psalm wrote: | Watchout for the levels 5369 and 5403.....any breach of these levels will change the sentiments of the market for the day.....Market is trading around 5390 now...
SAM |
Market is trading around 5404 now....Looks like the market is heading UP...I expect a target in the range 5457-5465 in Nifty now.... |
Market is not able to break-free....still trading in a tiny range of 5395-5415....the market can't trade like this forever....We'll break one of these levels today itself I feel....Nifty is trading around 5410 now.....I still maintaining my bullish bias for the moment....but I expect the market to go down to 5300 levels again after testing 5460 or 5490 (I dont knw if those levels will be tested today).
SAM |
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vinay28
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Joined: 24 Dec 2010
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| Post: #769 Posted: Tue Feb 14, 2012 2:27 pm Post subject: |
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| indeed looks like that. let's wait till 3 pm |
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maddyprincess
White Belt
Joined: 15 Nov 2011
Posts: 160
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| Post: #770 Posted: Tue Feb 14, 2012 2:32 pm Post subject: |
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| There is a old man saying in the market "Never short a dull Market" |
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vinay28
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| Post: #771 Posted: Tue Feb 14, 2012 2:35 pm Post subject: |
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 how true! |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #772 Posted: Tue Feb 14, 2012 2:35 pm Post subject: |
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| maddyprincess wrote: | | There is a old man saying in the market "Never short a dull Market" |
Well said....Maddy...
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #773 Posted: Tue Feb 14, 2012 2:51 pm Post subject: |
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| is market behaving as it did last thursday? |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #774 Posted: Tue Feb 14, 2012 2:54 pm Post subject: |
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| vinay28 wrote: | | is market behaving as it did last thursday? |
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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| Post: #775 Posted: Tue Feb 14, 2012 3:06 pm Post subject: |
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Guys , we now need some closes above 5400.
Look at the NS (EOD) , 9 MONTH CHART
5700 to 4700 to 5400 to 4531/4588 to 5400 is a LARGER W ie a double bottom
You know how that works , right? Few closes above 5400 and you are headed to 6400.
Barring any black swans , of course ( the unknown unknowns) and a few knowns that may act as a catalyst
My eyes are peeled and I am taking it ONE DAY AT A TIME ....
Last edited by ajayhkaul on Tue Feb 14, 2012 3:11 pm; edited 1 time in total |
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psalm
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Joined: 12 Nov 2011
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| Post: #776 Posted: Tue Feb 14, 2012 3:09 pm Post subject: |
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| AJAYHKAUL wrote: | Guys , we now need some closes above 5400.
Look at the NS (EOD) , 9 MONTH CHART
5700 to 4700 to 5400 to 4531/4588 is a LARGER W ie a double bottom
You know how that works , right? Few closes above 5400 and you are headed to 6400.
Barring any black swans , of course ( the unknown unknowns) and a few knowns that may act as a catalyst
My eyes are peeled and I am taking it ONE DAY AT A TIME .... |
cant agree more.....  |
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vinay28
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Joined: 24 Dec 2010
Posts: 11748
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| Post: #777 Posted: Tue Feb 14, 2012 3:26 pm Post subject: |
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| sam, now you know what I meant by last thursday? |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #778 Posted: Tue Feb 14, 2012 3:28 pm Post subject: |
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| vinay28 wrote: | | sam, now you know what I meant by last thursday? |
yup.... |
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vinay28
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Posts: 11748
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| Post: #779 Posted: Tue Feb 14, 2012 3:30 pm Post subject: |
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| 3 pm man |
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psalm
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| Post: #780 Posted: Tue Feb 14, 2012 3:31 pm Post subject: |
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