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NIFTY above 6700 levels

Discussion in 'Investment Analysis' started by naveen1241, Apr 3, 2014.

  1. naveen1241

    naveen1241 Responder

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    Hi All,
    NIFTY above 6700 levels.
    What are your opinions on how much percentage of your cash should still be allocated to stocks? Of course, leaving behind any long term investments.

    In my case 85% still in stocks.

    Thanks
    Naveen
     
  2. shabbir

    shabbir Administrator Staff Member

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    Take a chill pill and come out of it. Its vacation time :D
     
  3. naveen1241

    naveen1241 Responder

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    :) You mean to get out completely ?
     
  4. shabbir

    shabbir Administrator Staff Member

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    To the extent you are not fine loosing it.
     
  5. yankeedin

    yankeedin Responder

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    I suppose Nifty is heading for new high as it is consolidating for many days near 7500. Keeping a strict sl of 7440,target of 7700 is possible.
     
  6. shabbir

    shabbir Administrator Staff Member

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    I would prefer waiting for couple of days.
     
  7. yankeedin

    yankeedin Responder

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    Shabbir, Nifty has crossed 7700 :party:
     
  8. shabbir

    shabbir Administrator Staff Member

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    You were spot on.
     
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  9. yankeedin

    yankeedin Responder

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    W pattern in nifty, if it goes above 7815 tomorrow, target of 7900/7950 seems feasible. sl of 7700
     

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  10. shabbir

    shabbir Administrator Staff Member

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    Seems very feasible but stop should be 7400
     
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  11. yankeedin

    yankeedin Responder

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    It crossed 7815 and is sitting at 7830.

    I had kept positional stop loss. sl of 7400 is too low
     
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  12. hirenrachh

    hirenrachh Member

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    Nifty has formed W. Can buy at cmp..SL 7540....tgt 7950....sl a bit low
    Pls share your views.

    I am trying to attach chart but not working from my pc as well as mobile. It shows uploading and till 10 min it did not attached the chart.....I was tryimg rto attach inGIF formate size 64 kb....can anybody help in this.....?
     
  13. shabbir

    shabbir Administrator Staff Member

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    Attaching a GIF works fine here and can you email me the gif file that you are not able to attach because it could be related to that particular file.

    Regarding Nifty, ROI looks too steep. i would try to go long after a decisive breakout
     
  14. hirenrachh

    hirenrachh Member

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    this time its done.....I was trying since quite a few days but was not able to attach.

    thanks shabbir

    regards
    Hiren
     

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  15. shabbir

    shabbir Administrator Staff Member

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    All is well that ends well.