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| Discuss Today's Buy Levels at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; uashish sir, may i see 83-85 levels on powergrid future on monday????? expecting ans in ... |
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#2091
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uashish sir, may i see 83-85 levels on powergrid future on monday?????
expecting ans in this global scenariooooooo thanks in advance |
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#2092
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Bad CPI number means less inflationary pressure, and this eases the FED worries regarding inflation that might prevent them from further rate cuts. This usually gives a positive sign for the equity market, and the stocks start to rally, increasing the demand for the US dollar (to buy stocks), which usually strengthens U/J, and this will of course strengthens the beast (G/J) by pushing the value of the Yen down.
And we did have a bad cpi on friday. |
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#2093
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Will see the charts & report back by Monday morn.
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#2094
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PowerGrid In Futures You May See 88.40-87.60 Incase Of Gap-Down.
SavantGarde |
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#2095
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thanks sir fr kind reply
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#2096
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thanks fr taking pain fr me
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#2097
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Quote:
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#2098
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the only thing that comes to my mind is .... na leke jaa mere nifty ka janaza .... abhi to garm hai mitti , jism taaza hain
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#2099
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anujbhatia,
The attached Power Grid 60 mins has Trend Line points,which can work as Resistance & Support. On the Upper pane you may find a Statistical inference drawn from the Database.Where the Last Red (1) is occurence of an expected Up-move,the Last but one Red (1) denotes the No of time it Failed to move Up in Past, inspite of giving an Up signal. The total Up & Down signal in database is 10 times out of which Up signal was 5 times. Hence till now the Failure rate is 1 in 5. Asish N.B. As Cash has more Data hence i used that than Future,hope you may derive the corresponding Future's Price. Last edited by uasish; 10th August 2008 at 11:44 PM. |
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#2100
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