Intraday calls for 08-11-2012
Markets likely to open lower, Support for Nifty at 5680, resistance at 5760
Buy HCL Technologies around 610, Target: 625, SL 598 – (Book profit in HCL tech at 619)
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Prams Says:
November 9th, 2012
Posted at: 12:36 am
Hi Kartik, Thank you.
AR Says:
November 9th, 2012
Posted at: 12:52 am
Hi Kartik, what CB meant when he answered me ?
H A M Says:
November 9th, 2012
Posted at: 12:54 am
Hi Prams, Yes, that's right... It's best to stick on to our own views... Good, Keep it up!!!
Hi cerulean, Good night!!
Hi Kartik, Good night sir!!
H A M Says:
November 9th, 2012
Posted at: 1:00 am
Why US Economy May Be Headed for Another Recession ::
All the problems investors face—from a fiscal meltdown to the various economic woes around the world—add up to one daunting prospect: Another possible recession just over the horizon.
As the financial world puts Tuesday's presidential election behind it, the light in the tunnel could be an economic freight train.
Slowing corporate profits, the remnants of Superstorm Sandy and the ramifications of the "fiscal cliff" in Washington are expected to result in at least two quarters of slow or no growth that could make investing even trickier than it was during the ups and downs of 2012.
With current U.S. gross domestic product growth at just 2 percent, that's not enough to battle through problems as steep as the fiscal cliff of tax increases and spending cuts, as well as storm damage and weakness in global markets.
Any remedies indeed will include higher taxes and spending cuts, though likely less than those prescribed by law if Congress fails to act on the current menu that will take place automatically unless deficit-reduction targets are hit.
Wall Street has recoiled since President Barack Obama won a second term following the hotly contested election in which Republican Mitt Romney painted the incumbent as anti-business. Stocks plunged more than 2 percent Wednesday and were off again Thursday afternoon, though not as steeply.
"Both the real economy and the stock market will be comforted by a continuation of current monetary policy as well as credible signs in the days ahead that the White House and Congress are making progress to avoid a fiscal cliff dive,"
"You can't keep kicking things down the road," he said. "Once you get more certainty you get markets that will react and act more like markets, as opposed to emotional roller coasters."
prams Says:
November 9th, 2012
Posted at: 1:04 am
Hi H A M, it was just a thought!today had taken a huge loss by just doing opp. Of my view.still learning dear...good night.tc.
H A M Says:
November 9th, 2012
Posted at: 1:15 am
Hi prams, Yeah, I know yaar and I thought u booked 50% profits in ur puts in the opening itself and myself done the same thing today, later averaged more puts by end of the day near 5740.
I told u yesterday, to book 50% profits in ur 5 puts in the opening and also said to hold the rest with strict SL of 5810...
Ok, no prob, u can recover it by going long at low levels, wait for a chance with patience. Best of luck!! U too take care. Good night :)
H A M Says:
November 9th, 2012
Posted at: 1:20 am
Wall Street falls as "fiscal cliff" concern outweighs data
http://in.reuters.com/article/2012/11/08/us-markets-stocks-idINBRE89T0LN20121108
Draghi: economic outlook weak, not improving
http://in.reuters.com/article/2012/11/08/us-economy-ecb-outlook-idINBRE8A70SK20121108
Global stocks sag on U.S. fiscal fears, euro slips on ECB
http://in.reuters.com/article/2012/11/08/us-markets-global-idINBRE88901C20121108
Draghi open to ECB rate cut, done helping Greece
http://finance.yahoo.com/news/ecb-holds-rates-sees-no-142752360.html
CB Says:
November 9th, 2012
Posted at: 1:25 am
Hi Prams, most welcome
Hi AR, can add hdil and pantaloon and on dips for short term
Hi H A M, Good night..
Abhishek Says:
November 9th, 2012
Posted at: 1:40 am
hai cb subros target this week
VK Says:
November 9th, 2012
Posted at: 6:05 am
Thanks Karthik
sonia Says:
November 9th, 2012
Posted at: 6:21 am
wow being human comes only if US market falls, i observed it yesterday also, y he regularly change his sl., puts premium down even if market falls, i made 1.3lakh loss in this series due to his calls.
Shiva Says:
November 9th, 2012
Posted at: 12:05 pm
holding onelife cap @ 810..cmp 823 what to do?
HAM Says:
November 9th, 2012
Posted at: 1:15 pm
Hi sonia, because he is basically a bear and he moves according to the market. Why u trade in huge quantities and blames him for ur personal mistakes. Guess u r new to stock-market and never follow his call again, especially to u.
btw, whts wrong in sharing their views Sona
HAM Says:
November 9th, 2012
Posted at: 1:20 pm
Hi sonia, Probably, u r not following my, calls regularly, I told to average the puts near highs and said clearly to keep the SL of 5810.
Try to know the facts and then yell on people. Got it ???
komsid Says:
November 9th, 2012
Posted at: 1:22 pm
Hi HAM, GA. how r u bro....