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jimmie
Expert
Joined: 13 Aug 2007
Posts: 357
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Post: #391  Posted: Wed Dec 08, 2010 5:52 pm Post subject: Re: Time for Caution |
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| jimmie wrote: | | jimmie wrote: | | jimmie wrote: |
Time to short again has come.. Shorting range for NF 6008 to 6111, target 5343....
ICICI target 990, SBIN target 2500, RIL target 700 ranges, GOLD target 600$...
Use appropriate SL according to your indicators or strategies..
Time to paint Nifty Nonstop RED..  |
Now It has become an Easier market for all...
Today Nifty SPOT EOD candle: Abondoned Baby
Today Nifty Future EOD candle: Hanging Man
Over and Above that Today is NR7...
SO i will change the SL from 6080 to any closing above todays high i.e 6038 as SL for the shorts.....
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No further changes in SL.. failed to close above 6038, Now we got WOP at 6035, which gives double confirmation of the SL.. Any close above 6035-38 on EOD will hit the SL..
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Now the SL for Shorts can be lowered to EOD close above 5985..
Happy Minting...
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #392 Posted: Wed Dec 08, 2010 6:39 pm Post subject: Re: Time for Caution |
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| jimmie wrote: | | jimmie wrote: | | jimmie wrote: | | jimmie wrote: |
Time to short again has come.. Shorting range for NF 6008 to 6111, target 5343....
ICICI target 990, SBIN target 2500, RIL target 700 ranges, GOLD target 600$...
Use appropriate SL according to your indicators or strategies..
Time to paint Nifty Nonstop RED.. |
Now It has become an Easier market for all...
Today Nifty SPOT EOD candle: Abondoned Baby
Today Nifty Future EOD candle: Hanging Man
Over and Above that Today is NR7...
SO i will change the SL from 6080 to any closing above todays high i.e 6038 as SL for the shorts.....
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No further changes in SL.. failed to close above 6038, Now we got WOP at 6035, which gives double confirmation of the SL.. Any close above 6035-38 on EOD will hit the SL..
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Now the SL for Shorts can be lowered to EOD close above 5985..
Happy Minting...
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Painting = Minting ?
Oh may be Red painting = Minting ! 
regards
vin |
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jimmie
Expert
Joined: 13 Aug 2007
Posts: 357
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| Post: #393 Posted: Thu Dec 09, 2010 5:13 pm Post subject: Re: Time for Caution |
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| jimmie wrote: | | jimmie wrote: | | jimmie wrote: | | jimmie wrote: |
Time to short again has come.. Shorting range for NF 6008 to 6111, target 5343....
ICICI target 990, SBIN target 2500, RIL target 700 ranges, GOLD target 600$...
Use appropriate SL according to your indicators or strategies..
Time to paint Nifty Nonstop RED.. |
Now It has become an Easier market for all...
Today Nifty SPOT EOD candle: Abondoned Baby
Today Nifty Future EOD candle: Hanging Man
Over and Above that Today is NR7...
SO i will change the SL from 6080 to any closing above todays high i.e 6038 as SL for the shorts.....
|
No further changes in SL.. failed to close above 6038, Now we got WOP at 6035, which gives double confirmation of the SL.. Any close above 6035-38 on EOD will hit the SL..
|
Now the SL for Shorts can be lowered to EOD close above 5985..
Happy Minting...
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Now the SL for Shorts can be lowered to EOD close above 5890 MOP...(Monthly Open)
Happy Minting...
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sinhaalok
White Belt
Joined: 21 Feb 2010
Posts: 15
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| Post: #394 Posted: Thu Dec 09, 2010 6:08 pm Post subject: Re: Time for Caution |
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going great guns jimmie...happy to see your analysis
| jimmie wrote: | | jimmie wrote: | | jimmie wrote: | | jimmie wrote: | | jimmie wrote: |
Time to short again has come.. Shorting range for NF 6008 to 6111, target 5343....
ICICI target 990, SBIN target 2500, RIL target 700 ranges, GOLD target 600$...
Use appropriate SL according to your indicators or strategies..
Time to paint Nifty Nonstop RED.. |
Now It has become an Easier market for all...
Today Nifty SPOT EOD candle: Abondoned Baby
Today Nifty Future EOD candle: Hanging Man
Over and Above that Today is NR7...
SO i will change the SL from 6080 to any closing above todays high i.e 6038 as SL for the shorts.....
|
No further changes in SL.. failed to close above 6038, Now we got WOP at 6035, which gives double confirmation of the SL.. Any close above 6035-38 on EOD will hit the SL..
|
Now the SL for Shorts can be lowered to EOD close above 5985..
Happy Minting...
|
Now the SL for Shorts can be lowered to EOD close above 5890 MOP...(Monthly Open)
Happy Minting...
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Allwell
White Belt
Joined: 24 Jan 2010
Posts: 183
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| Post: #395 Posted: Thu Dec 09, 2010 8:45 pm Post subject: |
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very good call jimmy. reliance 700 may possible on black Friday or black Monday, but gold 600$ ? r u really think so ? any time frame ?
regards.... |
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rohit44
White Belt
Joined: 05 Jan 2010
Posts: 279
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| Post: #396 Posted: Mon Dec 13, 2010 7:52 pm Post subject: |
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| Jimmie g....is the sl of 5890 hit or can we continue with our short position?....please advise....what to do now.....your levels and study is superb....Thks and rgds |
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kanna
White Belt
Joined: 03 Jan 2010
Posts: 91
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| Post: #397 Posted: Mon Dec 13, 2010 10:02 pm Post subject: |
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| rohit with today's close above MOP shorts are squared off for now |
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chetan83
Brown Belt
Joined: 19 Feb 2010
Posts: 2036
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| Post: #398 Posted: Mon Dec 13, 2010 10:44 pm Post subject: Gold View |
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| dijyya wrote: | very good call jimmy. reliance 700 may possible on black Friday or black Monday, but gold 600$ ? r u really think so ? any time frame ?
regards.... |
Hi Jimmie,
Pls revert us friend.......if gold goes to 600$ or even 900$ that is pretty low sum dude.....this means that in MCX it is Rs.16000-15000. If this happens then SILVER, MY GOD.........from 45000 to 26000 at least????
Do any one agree??? |
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veerappan
Expert
Joined: 19 Dec 2007
Posts: 3680
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| Post: #399 Posted: Mon Dec 13, 2010 10:46 pm Post subject: |
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| y not......time frame 3-4 weeks both gold silver are going to crack ...let us c... |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #400 Posted: Mon Dec 13, 2010 10:51 pm Post subject: |
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| Gold $600 means risk aversion completely evaporated, which means people have no fear, which means equities super bullish? |
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chetan83
Brown Belt
Joined: 19 Feb 2010
Posts: 2036
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| Post: #401 Posted: Mon Dec 13, 2010 11:08 pm Post subject: Bullions!! |
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| veerappan wrote: | | y not......time frame 3-4 weeks both gold silver are going to crack ...let us c... |
Respected Veeru sir & Vinst Sir,
Same prediction was given when Silver was trading at 32000-33000 levels that it will crack till 29000-30000 levels, but it dint happened and Silver made a history. I was worst hit with my Shorts that all my capital was exhausted. Not even left with to renew my icharts service.
Lets see when this trend reversal happens, after 3-4 weeks or this week. |
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ConMan
White Belt
Joined: 06 Aug 2008
Posts: 344
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| Post: #402 Posted: Tue Dec 14, 2010 12:55 am Post subject: |
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Dont go by what you read ... Do your own analysis and then trade .... After all its your money man... You can find a scape goat to blame for your losses but remember blaming will not bring your lost money back ...
Jimmie has posted his views here and has nt asked anyone to trade basis that guys....  |
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jimmie
Expert
Joined: 13 Aug 2007
Posts: 357
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| Post: #403 Posted: Tue Dec 14, 2010 9:21 am Post subject: |
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| dijyya wrote: | very good call jimmy. reliance 700 may possible on black Friday or black Monday, but gold 600$ ? r u really think so ? any time frame ?
regards.... |
GOLD 600$ is a view, not a trading call.. such views are not tradable.. and then for a 800$ fall, u will require a 200$ SL which is not affordable to any trader.. Moreover the time span will be 1.5 to 2 years... So consider it as a view only.. or decide ur own SL and risk before taking the trade.. |
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jimmie
Expert
Joined: 13 Aug 2007
Posts: 357
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| Post: #404 Posted: Tue Dec 14, 2010 9:22 am Post subject: |
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| rohit44 wrote: | | Jimmie g....is the sl of 5890 hit or can we continue with our short position?....please advise....what to do now.....your levels and study is superb....Thks and rgds |
Yes rohit44, SL hit as we have managed to close above Monthly Open.. But will short again if it breaks MOP of 5890 for a second time in this month.. Till then i will be out of Shorts.. |
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jimmie
Expert
Joined: 13 Aug 2007
Posts: 357
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| Post: #405 Posted: Tue Dec 14, 2010 9:25 am Post subject: |
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| vinst wrote: | | Gold $600 means risk aversion completely evaporated, which means people have no fear, which means equities super bullish? |
i am poor at correlations.. my view is solely from the GOLD charts... people say GOLD will remain in a continous demand zone and will keep rising jab tak suraj chaand rahega.. LOL.... but i have my doubts on such cycles.. |
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