The Nifty Trading Lounge

MurAtt

Well-Known Member
Citigroup stake sell of 1.95 billion dollars convert at rs 49 works our to 9555 crores.

So 11138.59 minus 9555 - 2183.29 = Sold 600 crs.


1st sell figure after many days. Though Sell could also be because of HUGE buy in one entity of HDFC ..
Possible.exit in XYZ counters to enter HDFC etc.
Citigroup sold its entire stake in housing finance major HDFC
for US$1.9bn (around Rs 93.27bn). The US bank said that it
sold its entire HDFC shareholding of 145.3mn shares, or 9.85%,
through the NSE at Rs 657.56 per share. Citi said on Friday it
would likely record an after-tax gain of about US$722mn from
the sale.
So 11138.59 minus 9327 - 2183.29 = Sold 371 crs.
 

Taurus1

Well-Known Member
Monday is a big day for the bullz. :p
IMO, 5400 will hold if tested.

The 62 point premium says that the game is on.

Looks like a WRB.
 

MurAtt

Well-Known Member
Re: Gold price History...

I should start building a time machine to go to 1925:!
Yes BPR ...back in time for purchase & then you will need another machine.. to catapault you into future so you can sell it a lot higher than current prices...Welcome To Co-Planar Dimension for Trading...!!!
I would rather go to 1930! :D:p
Better go to the 90s and buy 10 Infosys, or go to the 80s and buy 10 Reliance :)
Bahut badhiya ... and how do you plan to buy the Gold in the 1925 or 30 or the shares in 80 ? Which currency would you take which would be accepted ?

Khaalli pilli ka page bharring on TJ .. post count and thank count increasing chakkar .. no common sense ...

:D



 

saivenkat

Well-Known Member
Re: Gold price History...

PHP:
Bahut badhiya ... and how do you plan to buy the Gold in the 1925 or 30 or the shares in 80 ? Which currency would you take which would be accepted ?

Khaalli pilli ka page bharring on TJ .. post count and thank count increasing chakkar .. no common sense
This is weekend, and added to this... all these chats are filled in section
" General Trading and Investing Chat.. So i feel no problems in these..:thumb:

Cheers and Happy weekend SM:)
 
Monday is a big day for the bullz. :p
IMO, 5400 will hold if tested.
The 62 point premium says that the game is on.
Looks like a WRB.
Bahut badhiya ... and how do you plan to buy the Gold in the 1925 or 30 or the shares in 80 ? Which currency would you take which would be accepted ?

Khaalli pilli ka page bharring on TJ .. post count and thank count increasing chakkar .. no common sense ...

:D



Bas kya bhidu,

एक बार Taurus ने बोल दिया की "Monday is a big day for bulls" कि तुम तो रुस्तम बन गये ?? :annoyed:

बच्चे की जान लेगा क्या ??
 

4xpipcounter

Well-Known Member
LOL, I had to look up to make sure I was in the lounge. If you know Pips, he will not shy away from answering your questions.

Your analogies are incorrect with regards to what is truth, because they are all based on opinion. With regards to your questions, I honestly believe with all my heart I have:
1. The very best mom in the world.
2. The best trading methodology in the world.
3. The best TL's in the world.
4. You don't need to go very far and be convinced that guy in the avatar is the best pet in the world.

There's a problem, and it has nothing to do with truth and lies, or truth and falseness. It is only opinions. I would expect for you to tell me what a wonderful mother you have and would be disappointed and concerned if you didn't.
If you are a trader that is worth your salt, you better believe you have the best methodology in the world. AMAF, here is one thing that is the truth. Until you know your system is the best for you, then you are not ready to go live ("You", as in a blanket statement. Not YOU.)
This is why my methodology might see something different than what someone else will see. But, I will never get into a conversation with someone over why mine is better than theirs, or why Joe's is better than Harry's. I know mine is the best for me, and that is all I need to know. Again, you better believe yours is the best for you.

The difference between what is true and a lie, or what is true and false has no room for opinions. Just some examples of some true statements:
1. It's wrong to kill (Never mind the exceptions like someone breaking into your house or time of war.).
2. 2+2=4 (2+2=10 in base 4 but, I still don't want to deal with the exceptions.)
3. Smoking is bad for you (Can't help it if someone is offended. It is just the truth.).

One more thought:
Money/power never adjusts the truth. There is some amount of power availed with lots of money. The evil comes in when large amounts of money can be used to adjust the judicial systems. Many virtues have been sacrificed for money. To me it is a highly abhorrent thing when I got a friend that does not have much money, and he is doing 20 years in prison because of rape (He should be there. He deserved it for what he did.), but then I know someone who got 5 years, but out in 3 years for good behavior after murder. He was rich and bribed the system. It's still a fact. It is still the truth. The guy that murdered did a heinous crime. The guy that raped was a despicable act, yet just because one got 20 years and the other ended up with 3 does not change the truth of the terrible acts they committed. Actually, the guy with the money is even worse off because he is further calloused by the act he did.



I actually borrowed the punchline from the movie "Michael Clayton" where it is shown that money/power can be used to adjust the truth.
But what I meant here is something more deep.
Let me give it a try.
Truth is overrated. Absolute truth does not exist.It is always relative as with everything else that we deal in real life.

How can you answer such questions and how your answers will relate to truth
Who is the best Mommy in the world?
Who is the best pet dog in the world?
Who has the best trading system?
Whose trend line is the most accurate?

Three persons in a jungle catch a glimpse of a huge beast for a second.
At that particular instant person 1 was in the front and person 2 was in the back and the person 3 was up in the tree.
When they regrouped all three of them claim to watch the beast and to settle they decided to draw the picture of the beast.
The person1 drew the front portion.
The person2 drew the back portion.
The person3 drew the top view.
None of them matched so fighting continued to find out who is telling the truth.
If you see
All the diagrams are TRUE with respect to what each of them saw.
All the diagram are FALSE in representing the actual beast.

So lets not argue about absolute TRUTH and lets adjust the truth each day a little bit here and little bit there and chill:D:D
 

4xpipcounter

Well-Known Member
BPR, I'm with you on another big leg north. My downside target is not the same as yours. I also don't subscribe to the "big players" (JMO-- no truth or false there--lol. But still open to conversation on that if you'd like.)


Guys I think big players are accumulating at this point.
My Daily chart shows nifty correction can max upto 5050-5100 band
and then there is big leg up ...anybody with me ...
 

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