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Nifty

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Sep 18, 2013.

  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    I know there r so many supports in between but trust me those will not work if 5800 spot level breach, It may take a small support @ level u mentioned but that will not last more then a week.

    Reality is Indian economy and that is worst till now that is RBI has taken those which can improve inflation but other things are important too but none of political parties are concerned about that because of coming elections.

    They are announcing subsidies, food bill and so on.....
    but result of that is making Indian economy more worst cause they are borrowing money like anything to provide subsidies.
     
  2. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Added 1 lot again @ 43 now average is 61.
     
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Bought Nifty oct pe 5700 @ 85.
     
  4. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Nifty is showing real picture of Indian economy going more down 98.45 point down.
     
  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    My decision to hedge my Ce position with pe position is saving me.
     
  6. krasquinha

    krasquinha Member

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    Hi Sanjay,

    can i short nifty now cmp 5950 with ST 5975 fut.. target 5880

    Regards,
    Kiran
     
  7. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Nifty is showing strong weakness and may touch 5800 level very soon, waiting to breach 5900 level and then direct to 5800 in this series only.
     
  8. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Bingo, going great.
     
  9. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Nifty oct 5700 pe @ 103
    Nifty oct 6400 ce 30

    overall profit 350 Approx till now.
    For intraday only.
     
  10. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Placed a limit order of 30 for 6400 ce.
     
  11. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Covered @ 99 profit of Rs.700 means 16.47%

    still holding 6400 ce average price is now 48.21 and cmp is 32.55
     
  12. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Above 5910 nifty may recover little more Cmp is 5905.65
     
  13. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Nifty is struggling to cross 5910 level twice it tried and failed.
    Below 5890 again it will be in grip of bear hand.
    Above 5910 it will be in grip of bulls hand.
     
  14. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Trying to cross 5910 3rd time, according to me it will cross this time.
     
  15. sanjay_sansanwal

    sanjay_sansanwal Contributor

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  16. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Ready to be short again @ 5880
     
  17. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Bought Nifty Oct 5700 pe @ 105.80 once again.
     
  18. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Covered @ 104 with small loss of Rs.90 as trend seems changing to me.
     
  19. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    What a exit intraday trend changed just after my exit.
     
  20. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    making confuse now, better to wait and watch before taking or exiting any position.