Nifty Strategy for Week (18 Feb - 22 Feb)

Discuss Nifty Strategy for Week (18 Feb - 22 Feb) at the Futures within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Dude....market cant cross 5200-5300 range...on the expiry day it will be below ...


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  #21  
Old 20th February 2008, 09:20 PM
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Default Re: Nifty Strategy for Week (18 Feb - 22 Feb)



Dude....market cant cross 5200-5300 range...on the expiry day it will be below 5300....forget 5600 levels...and for march i will let u knw..very shortly....

Its my personal opinion..i respect your analysis...but lets c..wat happens...

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  #22  
Old 20th February 2008, 09:24 PM
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Default Re: Nifty Strategy for Week (18 Feb - 22 Feb)

The markets have formed a head and shoulders pattern..and we are just at the middle of the completion of right shoulder...so lets c..wat happens..im definitely bearish...

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  #23  
Old 20th February 2008, 09:30 PM
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Default Re: Nifty Strategy for Week (18 Feb - 22 Feb)

if the pattern u have located survives,,then 4500..and more than that!!!

renu

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  #24  
Old 20th February 2008, 09:31 PM
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Default Re: Nifty Strategy for Week (18 Feb - 22 Feb)

Quote:
Originally Posted by ankurdhamija83 View Post
Dude....market cant cross 5200-5300 range...on the expiry day it will be below 5300....forget 5600 levels...and for march i will let u knw..very shortly....

Its my personal opinion..i respect your analysis...but lets c..wat happens...
Its your money do what you want to do with it. If you think markets are Bearish because of US Industry Setback, dude thats over now, The Dow is trading in 4E indicating worst is over, ok it will take time for them to come back, but our markets and industry is hitting yet again 8.8% GDP, its definitely a folly to think we are still in Bearish waters. Rest its your money do as you like. I just want all people to benefit and not lose SHORTING, after all there is no trend and nothing is definite, and people who lose most are those that think that Markets either keep going up or keep going down.

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  #25  
Old 21st February 2008, 07:29 AM
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Default Re: Nifty Strategy for Week (18 Feb - 22 Feb)

Guyz if the market opens up today and stays below 5220-5230....use it as an opportunity to short the market...
We had a massive short buildup in the Mar series yesterday..and they wnt get covered up so easily.....
IF nifty stays below 5230..i will be on the sell side....and i dnt believe tht 5300 will be broken on the upside....

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  #26  
Old 17th March 2008, 08:07 PM
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Default Re: Nifty Strategy for Week (18 Feb - 22 Feb)

HI All,

As i wrote on 18th Feb....

My target of 4500 has been achieved....i Feel...we will get a small bounce here in few days....This is a no trading zone..if market breaks this 4400-4500 range...again remain on the sell side...but b ready to book profits early...

For a long term trade..i would go long and buy a put to hedge myself...

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