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Trading journal
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Author Trading journal
prabhu.f12
White Belt
White Belt


Joined: 13 Apr 2011
Posts: 27

Post: #16   PostPosted: Mon Mar 18, 2013 6:10 pm    Post subject: Reply with quote

Tomorrow possible outcome after rbi meeting:

1. rate cut by .5 percent
2. ratecut by .25 percent
3. No rate cut

what can we do tomorrow.
case i) take bullish position
case iii) market can fall significantly.
case ii) follow technical analysis ( irrespective of rate cut in crr).

usually mr pc and mr rao do exactly opposite to what they speak. previously they expressed there is a room for ratecut. And tomorrow we can expect anything opposite to that.
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singh.ravee
Yellow Belt
Yellow Belt


Joined: 12 Aug 2010
Posts: 678

Post: #17   PostPosted: Mon Mar 18, 2013 6:44 pm    Post subject: Reply with quote

prabhu.f12 wrote:
Tomorrow possible outcome after rbi meeting:

1. rate cut by .5 percent
2. ratecut by .25 percent
3. No rate cut

what can we do tomorrow.
case i) take bullish position
case iii) market can fall significantly.
case ii) follow technical analysis ( irrespective of rate cut in crr).

usually mr pc and mr rao do exactly opposite to what they speak. previously they expressed there is a room for ratecut. And tomorrow we can expect anything opposite to that.


prabhu.f12 ji,
instead of anticipating and listening to all this, pls listen to nifty chart. the news is already discounted there.
rgds
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prabhu.f12
White Belt
White Belt


Joined: 13 Apr 2011
Posts: 27

Post: #18   PostPosted: Mon Mar 18, 2013 10:43 pm    Post subject: Reply with quote

singh.ravee wrote:

prabhu.f12 ji,
instead of anticipating and listening to all this, pls listen to nifty chart. the news is already discounted there.
rgds


Sir, market may have reacted last week for tomorrows decision. often market feeds hope. But already i pointed that HOPE is not a good thing when it comes to stock market. Dont u have seen many times in past, when market proposes, government disposes.

ps: I too a technicalist But in some cases Exceptions have to be made.
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prabhu.f12
White Belt
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Joined: 13 Apr 2011
Posts: 27

Post: #19   PostPosted: Tue Mar 19, 2013 1:55 pm    Post subject: Reply with quote

prabhu.f12 wrote:


case ii) follow technical analysis ( irrespective of rate cut in crr).

usually mr pc and mr rao do exactly opposite to what they speak. previously they expressed there is a room for ratecut. And tomorrow we can expect anything opposite to that.


As expected.
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prabhu.f12
White Belt
White Belt


Joined: 13 Apr 2011
Posts: 27

Post: #20   PostPosted: Tue Mar 19, 2013 2:06 pm    Post subject: Reply with quote

Today morning, I thought result is going to announced by 11.am so from 9 O clock I was watching film " Ted". By the time 11 O clock I decided to trade and entered zerodha website. I couldnt log in because i entered a wrong password.( actually forgot it ). By the time I m entering trade page after solving the issue (around 11.35 ), the nifty move seemed to end.

Moral: Do not be careless. Be prepared in the morning itself when u r going to trade. check the login and transaction password.
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prabhu.f12
White Belt
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Joined: 13 Apr 2011
Posts: 27

Post: #21   PostPosted: Thu Mar 21, 2013 8:04 pm    Post subject: Reply with quote

sell at 5667
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prabhu.f12
White Belt
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Joined: 13 Apr 2011
Posts: 27

Post: #22   PostPosted: Sun Mar 31, 2013 8:34 pm    Post subject: Reply with quote

closing at 5676

Due to some busy work i saw charts only in the evening. so due to cut off it would have executed by 3.20 pm and the price could be 5676. Normally last thursday is volatile. better we should close before last day of expiry. or Else i should have watched the chart for entire day or I should set alert.
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prabhu.f12
White Belt
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Joined: 13 Apr 2011
Posts: 27

Post: #23   PostPosted: Mon Apr 01, 2013 9:46 pm    Post subject: Reply with quote

Buy at 5722
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Raynor
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Joined: 21 Mar 2013
Posts: 108

Post: #24   PostPosted: Wed Apr 03, 2013 9:45 pm    Post subject: Reply with quote

Oil falls more than 1.5%. cow jones in Red. can see a green in nifty Tomorrow?
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