Market Analysis - Technical View

2nd September

Posted by : googol

0504

Dear Eshers,


I have two 4300PE options left.Hope you are referring to them only

Regards,

I better put an end to my predictions

Posted by : radhika_nandlal

Thanks guys for being nice to me... i have gone wrong the whole of this week, so no more predictions. Something is troubling the markets and indications are mixed and confusing. Its better to stay out of prediction games for now. LOL

2nd September

Posted by : eshers

Dear Googol,

Guess today could be a good day to sell some Puts.. You could sell one lot of 4400 as i believe you still have 2 lots.. Inflation though is still high, is atleast not growing as fast and looks like the NSG waiver could get thro.. So i might use the downside to buy some cheap calls..

Cheers

2nd September

Posted by : vam_aru

Dear Googol,

I can put it in different way, Generally Nifty contarcts might be anywhere between 5000 to 8000 ( In the money and At the money )so as a general rule you should be losing 20 % of this amount, In our case it will be 1000 to 1600, ( i means 20 points to 26 points ), when you are setting your profits then set 100 % , ( 5000 to 8000 ).

If someone going for the premium value of less than 1000 rs , These rules will not apply , then he/she may be putting entire money as a risk.

Your views are appriciated.

Regards
Aru

WatSay Folks, UC today?-Pranky!! :)

Posted by : m.f.whosane

chimpu ji,
if there were a referendum on most misleading....liar .... and irritating boarder since it's inception on mmb boards you would win hands down!
you don't get others respect by your shape and size{no pun intended}but you have to earn it!
so go and eat some bananas and live happily ever after in the guise of guest off course!
AFTER THOUGHT : I'M SEARCHING 4 GREY MATTER IN GREY AREA :(

2nd September

Posted by : googol

0408

Dear Eshers,

First I also thought of selling the PE option only but decided against it later.
Let me again see to-morrow

Thanks and regards

2nd September

Posted by : googol

0409
Dear vam,
The write up was nice but I would have liked the SL in absolute rupees rather than percentage.As you know all the brokerage firms charge their tariffs at a fixed rate for options and so the lower the premium,higher would be the % of brokerage.I think in the beginning one should book profits or loss at Rs 500 per lot including brokerage
Cheers

2nd September

Posted by : radhika_nandlal

hey bond yields are ticking downward which means inflation number is expected to be good and Latha herself said so.... why cant someone teach her to talk delicately though... anyways coming to the matter, inspite of hearing this news the Call options dint run away and markets dint climb... so is it the NSG its botehred with?

< Enhance Stock Knowledge Skills >

Posted by : TrueCompanion

Deferred share :

A share of stock that receives no rights to a company's remaining assets in the event of bankruptcy until all common and preferred shareholders have been paid.

03.09.2008

2nd September

Posted by : novice1000

Dr.no,

Let me make an attempt to add to your msg.It is not just the bad global cues... Higher crude prices continuosly for a period of 5 months did enough damage on the fiscal front.

If the higher crude prices continue for some more time say till the time of US presidential elections( which i firmly believe to happen), it will have a major impact on the economy.

particularly the higher fiscal deficit is already forcing the govt to defer its capex plans on infrastructure spending.

The existing infrastructure is exploited fully and it is not in a position to bare any more stretching.

Without the additional capacity in power production and expansion in transportational facilities and water facilities( both industrial and domestic), economy simply cant expand like that.

So it will take a slower growth path for a while and the longevity of the slower growth depend purely on the longevity of the higher crude prices.

With a lag affect, some sectors show lesser NPMs in the coming quarters.

And export oriented sectors inevitably have to be affected by the slow down in the global markets.

There may be a temporary rally in markets.. but that cant sustain for a longer period.

After that, economy needs to cool off for a while before it starts the upward journey again on a consistent basis.And for that to happen, some of the infrastructure projects should take off.And that will not happen over night.

The only relief in the foreseeable future is the commencement of commercial operations of RIL\\`s KG basin project.There are some power projects which are waiting for the gas supply... though they are operational at this point in time , they are deprived of fuel.

All in all traders can definitely try their luck, But LT investors have to be very very careful as far as an fresh investment is concerned and they have to be very stock and sector specific for the time being.LT investors will get very good opportunities in the days to come at attractive levels.

regards

2nd September

Posted by : nightowl

HI RN,
Patent it yaar... that way u,ll have exclusivity to it... I understand what you are saying though, for though i cannot do what you are doing technically,so i do the same in my mind... similar conclusions come up.. so i guess plain logic can work too, along with a lil research into stock movement.. specially the large movements...big movers..
i still think the market is giving people a chance to get out... those stuck at higher levels... its also time to make money... bet on all the beaten down stocks... they will recover at least 20-30 percent... the earnings etc. does not matter at all it just has to do with recovery of some of the price of the beaten down stocks.. or so i think... Thats how i am percieving this market at the moment... A lot of money for daily trades, and those that are stuck at the previous level will get a chance to get out of their stuck positions..but this cannot last... we cannot go against global cues forever..., STILL LET US MAKE HAY WHILE THE SUN SHINES
LOVE
RITTS

2nd September

Posted by : radhika_nandlal

nightowl,

With my excel i can feed imaginary data for the next one week and check nifty technicals.. with a chart at best you can draw a trend line connecting various price points but you cannot change the MACD ADX curves at your will... with my excel since there is a formulae the newer data can be autofilled to indicate...my excel should be patented.. lol.. i bet even alex may begin using it if he sees it.