what is the intraday stoploss for nifty?

CB, Please suggest penny stocks for long term investment

Hi cb, shree ashtavinayak is on upper circuit. missed the chance it seems???

which side we may bet ?

SOME INTERESTING THOUGHTS - FOR THE BENEFIT OF NSEGUIDERS

Filed Under (Market Observations) by Deepak Singh on 14-01-2011

The job of the market is to confuse all before charting a fresh course. Last 3 days of action has created lots of nervousness and anxiety on where market may head next. Bulls are nervous and Bears anxious
Market Observations
Nifty sold off pretty sharply yesterday. We cannot crib because market has very little appetite for bad news.
First IIP data and then now Infosys earnings - both disappointing; and with Inflation scare not going away -Is it matter of time before market cracks below 5700?
Source: Chartalert.com
I am not a great MACD analyst but have little knowledge. As you can see in the chart above: there is Price-MACD divergence which means the price is holding on but indicator is not making fresh lows. In layman terms - Technically there is nothing to worry and market can rally from current levels [wishful thinking ]
The good news for bulls: market sentiment is extremely negative and even though Nifty is still at 5700 - it looks like Nifty is at 5400.
Likely Scenario: Nifty may now trade in choppy sideways mode for rest of the month…A rangish market
FIIs continue to sell in cash market.

Is Indian market over owned by FIIs? That’s the big question everyone is asking now.
US markets closed with small losses. Reason - First, jobless claims came in weaker than expected; and then it was followed by a PPI number that signaled rising costs for businesses, and inflation worries for the US economy
Big Picture: US markets have been very strong in last 2-3 months…quite opposite to our market performance.

Is China slowing down dramatically? Day before yesterday, China reported a much-smaller-than-anticipated trade surplus. Economists predicted a surplus of $21.7 billion but China reported trade surplus of only $13.08 billion, the smallest in eight months.
Coming to Indian market, Infosys results did dampen the bullish sentiment created by previous day rally.
Infosys stock was always rich on valuations and so there was little room for disappointment. On earnings announcement, Infosys tanked and closed near 3205.
Source: Chartalert.com
Will Infosys break down below 3200 - the level above which it broke out only last month on Dec 16
Infosys disappointed the street but it was Bank Nifty which was at receiving end of the market. Most of the Bank stocks be it ICICI Bank, SBI, HDFC Bank - all were down more than 3%
ICICI Bank at 200 dma: Is it a buying Opportunity?
Source: Chartalert.com
Surprise Performer: Real Estate. A day when market was down approx 2% - most of the real stocks were up 1-2% be it DLF, HDIL or India Bulls Real Estate. [Short covering candidate??]
Is is time to pay close attention to Suzlon? The stock is clocking impressive volumes on every up move. Something is cooking on the counter
Source: Chartalert.com
ONGC is clocking impressive volumes. Any move above 1210 may bring in near term momentum in the stock.
Praj has been very volatile counter. It did rally from levels of 75 to 88 but then yesterday tanked 5.8% to 81- buying opportunity?
Two results to keep an eye on - Godrej Properties and HDFC.
A day when all bank stocks were being hammered - here’s one stock - City Union Bank that managed reasonable bounce from 200 dma.
Source: Chartalert.com
Two stocks look great around 200 dma - Everonn and Venkeys. Is Gitanjali Gems next as stock trades around 200 dma
The worst decisions, in life and markets come from extremes: overconfidence OR a lack of confidence. The same logic applies in Trading
Between confidence and Discipline - trader should always choose discipline.
Trading is a business of managing uncertainty; and to tide over Uncertainty - discipline is a better tool than confidence

any out to enter?

sir,
where is next strong support for nifty. shall i close my longs in viayabank futures. pls suggest. thank you.