iCharts Discussions

[psri]

Hi All,

I see a deafning silence here. What happened? RBI policy has struck everyone like a lightning?...Any one has any views?.....Good, Bad or Ugly?


GS

[vinay28]

I think it was not the RBI policy per se but the underlying concern of the Governor that tanked the market. Looks like we may go down to 5210 on spot basis.

By the way, I am getting confused about the timing of the posts of some members. Hope the time zone setting of their PCs is OK.

[psri]

But everyone and the market already knew that inflation is far high than the 5.5 that was originally spelt out by RBI. That it is pegged at 7 by the RBI Guv today, should not have been a shock or a surprise to anyone in the market. That it will be at that level for some more time to come also shd not have been a shock or a suprise to any. So to that extent, I think the market has jolted the majority in the market by its behaviour. That is intriguing.

Then regarding the timing of the posts, I think the timing shd be that of Icharts server time and not individual time that is displayed. is that right?

GS

[rainbow]

[vinay28]

I think expiry may be between 5654 and 5631.

[veerappan]

feb 2011...first week of india gate of veeru is 5416..... it touched 5411 and reversed..will it be a reversal point?.. as per current view... if and only if closes below 5416 on nf...... then we may c a new lows like 5339.....5339 is the monthly down side india gate....anything closes below 5339 then we may c a big fall upto 4762 ranges in a day or two [ within two days 5339 to 4762 its big fall only...]......

so for this week down side 5416 on closing basis and for this month closing basis 5339 are the important numbers.... on the other side ....5613 and 5658 for the upside weekly numbers....

take care
bye
veeru
chennai boy

[manass]

...first week of india gate of veeru is 5416..... it touched 5411 and reversed..will it be a reversal point?.. yes Veeru, 5411 is turning point. it is purely personal view. Rest please follow Veeru
Regards

[vinay28]

Looks like 5600 wiil be reached tomorrow or the day after?

[anand1234]

VEERU SIR........
nf very very close to 5416.............wt next??

thanks
anand

[veerappan]

reality stocks like unitech dlf ibreal hdil bottom out we can buy for delivery picks here 50% ...investment purpose.... we will get 40% return period of 2 months time frame.... for nf 5482 closes below only weak,,,, anyway
5416 is there....

bye
veeru
chennai boy

[veerappan]

5496 tomorrow important number next number is 5416 then 5339 next is 5222....upside 5557 is the very very important number....now ball is in your court....

[manass]

Unless there is a new scam / scam grinding, 5416 may not break. So chance for upside is high; and moreover BNF has to bounce back for a new high as per Veeru. So drive your ball accordingly, but do not forget few hurdles such as ses, bike, big psu bank, big infra ...
Again go with Veeru.
Regards

[girishhu1]

hi veeruanna,
which r the india gate nos for bank nifty?
regards,
girish

[veerappan]

nf girish

[girishhu1]