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| Discuss 3900 or 4500 for this series? at the Derivatives within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Friends, Once again I want to know whether we will close this series at 4500 ... |
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#1
22nd May 2009, 06:44 PM
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3900 or 4500 for this series?
Friends, Once again I want to know whether we will close this series at 4500 or 3900? DMK is creating some problem to congress and that can push the market towards 3900 but on the other hand if global markets given us proper support then we can easily see 4500 by this series. What is your opinion, once again my vote is for the lower side 3900  .regards Abhi 
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#2
22nd May 2009, 06:53 PM
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Re: 3900 or 4500 for this series?
Hi pal,
Im not for both. Mostly it will expire between 4100-4500. DMK now in a delicate situation. Congress can try to form the GOVT without DMK support. Same time DMK cant withdraw support at this moment as their weakness will reveal. So tug of war.... and expiry between these two points. Lets see
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#4
22nd May 2009, 07:10 PM
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Re: 3900 or 4500 for this series?
Thats exactly is the delicate situation.
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#5
22nd May 2009, 08:04 PM
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Re: 3900 or 4500 for this series?
Quote:
They have an upper hand - Then where is the delicate situation? 
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#6
22nd May 2009, 08:09 PM
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Re: 3900 or 4500 for this series?
If DMK does something which is against Congress... they are finished. This is like sucide. Thats what I meant as delicate situation for DMK. They cant say NO and they are not able to say YES also.
Am I right? I am a kid in politics pal... 
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#7
22nd May 2009, 08:29 PM
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Re: 3900 or 4500 for this series?
Yes a delicate situation BUT FOR DMK which in no way affects the Cong or the market I was thinking of a delicate situation for Cong - he he - and therefore the market -- so my ears pricked up and made me write the above post to you 4200-4400 looks most likely but just maybe a tad higher wud be my guess - say 4500
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#8
22nd May 2009, 08:31 PM
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Re: 3900 or 4500 for this series?
They are not able to say YES? why?what they are going to loose if they get less number of portfolios? Kalaignar wants his son and daughter to be in the ministry and that too at par with senior ministers of dmk.so he asks for more portfolios.but beggers have not choices.(I AM A STRONG SUPPORTER OF DMK)
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#9
22nd May 2009, 08:33 PM
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Re: 3900 or 4500 for this series?
Right... 4400+ seems remote for this month expiry. But lets see. Crazy markets...
If Spot Nifty is going close above 4430... then this expiry will squeeze the BEARS out of markets for next couple of months I blve. 
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#10
22nd May 2009, 08:37 PM
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Re: 3900 or 4500 for this series?
Quote:
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