Intraday calls for 20-12-12
Markets likely to open lower, support for Nifty at 5820 and resistance at 5960
Buy Asian Paints on dips
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cerulean Says:
December 20th, 2012
Posted at: 4:14 pm
Hi SM, Hi SM, YES We will .. IT IS MY FAULT ... .There is one more data at 7PM ..That may bring crude down :P [This in truth is my fault ,] i should concentrate only on the charts .. Long way to go and not much patience to learn ...
SM Says:
December 20th, 2012
Posted at: 4:16 pm
Hi cerulean, I follow charts in Metastock. There volume has values. Doesn't your chart give values for volume?
Palash Says:
December 20th, 2012
Posted at: 4:18 pm
hi SM I HAD SELL CRUDE OIL @ 4935, PZ GIVE ME SUGGESTION
SM Says:
December 20th, 2012
Posted at: 4:18 pm
Hi cerulean, Dont worry, we will recover :)
BTW, what is the data at 7pm?
cerulean Says:
December 20th, 2012
Posted at: 4:19 pm
Hi SM, just a mnt..
SM Says:
December 20th, 2012
Posted at: 4:19 pm
Hi Palash, Can keep the SL I mentioned to Cerulean...
cerulean Says:
December 20th, 2012
Posted at: 4:20 pm
US Gross Domestic Product Annualized and Initial Jobless Claims data at 7:00 PM (IST).
US Existing Home Sales (MoM) and Leading Indicator (MoM) data at 8:30 PM (IST). The [Expected Impact on Price for these data are Neutral.]
cerulean Says:
December 20th, 2012
Posted at: 4:23 pm
oh.. I had company :p [thought i was the only bear] palash .. follow up on previous posts ..very well explianed..
SM Says:
December 20th, 2012
Posted at: 4:24 pm
Hi cerulean, Thanks a lot :)
Palash Says:
December 20th, 2012
Posted at: 4:26 pm
I DON'T HAVE KNOWLEDGEABLE OF COMMODITY, PLZ GUIDE ME
cerulean Says:
December 20th, 2012
Posted at: 4:28 pm
Hi SM, don't mention plz... Now the trend has changed isn't it ?while silver has turned weak..
Are you in any trade ? CARRY ON..
I am watching out on cardamom.. may enetr long in a dip around 950 ..sl 860..[closing basis]
SM Says:
December 20th, 2012
Posted at: 4:34 pm
Hi cerulean, No, not in any trade. Better not to go long in Crude now. Yes, Silver looks weak but near supp levels of 59500 on hourly charts. Yes, wait for a dip in Cardamom and better not to enter Cardamom today...
SM Says:
December 20th, 2012
Posted at: 4:36 pm
Hi cerulean, watch 4960 levels in Crude and see what happens. Precariously close
CB Says:
December 20th, 2012
Posted at: 4:40 pm
just came online.
SM Says:
December 20th, 2012
Posted at: 4:41 pm
Hi CB, Good afternoon, welcome back :)
cerulean Says:
December 20th, 2012
Posted at: 4:41 pm
Hi SM, OK.. won't eneter cardamom..YES 4960.. maybe taken out ... Why did you not enter long lower ..Wish you had ... Today is a final rally for a fibo riversal..[I guess]