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Nifty View |
ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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Post: #871  Posted: Fri Feb 17, 2012 1:53 pm Post subject: |
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| Taking the money off the table psalm?.... way to go ! |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #872 Posted: Fri Feb 17, 2012 2:14 pm Post subject: |
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| AJAYHKAUL wrote: | | Taking the money off the table psalm?.... way to go ! |
yup...look like a good idea... |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #873 Posted: Fri Feb 17, 2012 2:24 pm Post subject: Nifty Update |
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| psalm wrote: | Hi,
Nifty could face important resistances at 5608 and 5630. So, watch out....Try to be safe. Currently trading around 5604.
SAM |
Nifty is a bit volatile now. Next trading day is Tuesday, which means a break of 3 days which could be a bit risky for some of the investor. They might exit the positions. Any break of 5555-5550 levels could bring more sellers, I guess. Then the levels to watch out for are 5536 and 5507. On the upside, as long as the market is below 5608, one can carry the shorts if they have any.
SAM |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #874 Posted: Fri Feb 17, 2012 2:33 pm Post subject: Nifty Historical |
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17th February 2012 suddenly could become 7th December 2011 or 14th October 2010.....  ...be careful
Last edited by psalm on Fri Feb 17, 2012 2:39 pm; edited 1 time in total |
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #875 Posted: Fri Feb 17, 2012 2:35 pm Post subject: |
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| Sam you mean 17th feb or really 17th mar? |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #876 Posted: Fri Feb 17, 2012 2:38 pm Post subject: |
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| taxmann50 wrote: | | Sam you mean 17th feb or really 17th mar? |
sorry for the error....17th feb....sorry for the mistake...  |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #877 Posted: Fri Feb 17, 2012 2:39 pm Post subject: |
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I hate SAM missiles! 
I am expecting 5510 and 5496 |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #878 Posted: Fri Feb 17, 2012 2:39 pm Post subject: |
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| I have corrected it...thanks for pointing out.... |
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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| Post: #879 Posted: Fri Feb 17, 2012 2:39 pm Post subject: Re: Nifty Historical |
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| psalm wrote: | | 17th March 2012 suddenly could become 7th Dec 2011 or 14th October 2010..... ...be careful |
This is to shake the weak bulls ?
or did they day trade for some quick profits ? |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #880 Posted: Fri Feb 17, 2012 2:42 pm Post subject: Re: Nifty Historical |
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| AJAYHKAUL wrote: | | psalm wrote: | | 17th March 2012 suddenly could become 7th Dec 2011 or 14th October 2010..... ...be careful |
This is to shake the weak bulls ?
or did they day trade for some quick profits ? |
I have always felt that the this rally very much resembles the one we had during 31st August - 8th November 2010 period. |
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maddyprincess
White Belt
Joined: 15 Nov 2011
Posts: 160
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| Post: #881 Posted: Fri Feb 17, 2012 2:46 pm Post subject: |
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I am in my broker office now, People talking here correction is over ie., 5600-5545. again we are going up
Bears are laughing !!!!!!!! |
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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| Post: #882 Posted: Fri Feb 17, 2012 2:46 pm Post subject: |
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History never changes , only the players do ..... whoever said that?
Meanwhile , another bullish adviser:
Emphasising that the Reserve Bank of India's stance on the monetary policy would act as the next trigger for the Indian markets, Michael Kurtz, Chief Asia Equity Strategist, Nomura said that equities in India would rally in 2012 despite political uncertainties. |
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ajayhkaul
Yellow Belt
Joined: 18 Jun 2009
Posts: 866
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| Post: #883 Posted: Fri Feb 17, 2012 2:50 pm Post subject: |
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| maddyprincess wrote: | I am in my broker office now, People talking here correction is over ie., 5600-5545. again we are going up
Bears are laughing !!!!!!!! |
maddy ... you are on the right track .... just imagine these ducks are entering the party after a 1000 odd point rise . will this herd push it to another 1000 points ??
keep your ear to the ground and eyes peeled.... I am |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #884 Posted: Fri Feb 17, 2012 2:50 pm Post subject: |
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| sammy davis I am with you! |
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #885 Posted: Fri Feb 17, 2012 2:55 pm Post subject: |
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Samji you have eyes of an eagle and I am glad you pointed out those dates and candlestick pattern is almost similar to the previous fall from 5100.
In fact correction to 5300 level in last 3 trading days of Feb-series looks highly possible.
Thank you for bringing this up to our notice. I appreciate your good views and l think its a wonderful bet. |
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