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Yes, that`s what I meant as well.
But for that Nifty has to break 5150 and close above for 2 days....
Your view it seems is very confusing for the person who is actually trading..markets do not move according to pure technicals alone..as you imagine.....
if nifty Touches 5045 on intra-day low today expect nifty to test 5000 today
Expect high intra-Volatality...
Well Googol My view on shorting-Nifty is only for this week upto Expiry Say thursday only
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A news peice on 3G launch at BSNl chennai .
the rates and features should make the game celar for telecom sector from jan onwards .
sd3..
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BSNL Chennai Telephones recorded a first of sorts for South India yesterday with the commercial launch of 3G mobile services. Touted to be the next generation in mobile technology, 3G services will enable you to access Internet on the move with a speed of upto 3.6 Mbps and allow you to do video calling, watch mobile TV and other media rich applications.
In a press conference, Mr A. Subramanian, Chief General Manager, Chennai Telephones told “In about two months, we expect to add another 250 Node B stations to the existing network of about 300 units to provide seamless 3G connectivity across Chennai and adjoining districts”.
Various Demos like Streaming a Youtube without buffering, watching live television on the device effortlessly and a remote video monitoring feature, where video footage from a camera plugged to a broadband facility in South Korea streamed effortlessly on a 3G-supported mobile handset, were done at the event which showcased the true potential of 3G technology.
In this scheme, all the local voice calls and video calls are going to cost 30 paise/min and all the STD video calls will be 50 paise/min. Data usage charges are currently planned at 1 ps/10 kb but there is a possibility that the rates may decrease in due time. With its first year introductory offer of tariffs comparatively much lower than 2G call charges, Chennai Telephones hopes to gain 1.5 lakh users over the next couple of months.
BSNL officials added that the mobile TV application offered under a tie-up with a content provider currently showcases 24 channels and would be increased with user demand. Chennai Telephones have also tweaked its 3G infrastructure to enable 2G users who migrate to a 3G connection to retain the same existing number with no migration charges. But, there are no plans to bundle 3G handsets in the introductory offer. The 3G data cards which offer high speed Mobile Internet access for computer users on the move were also launched in this event.
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Dear Lifaylon,
Good Morning.
I think we have to exercise utmost care while shorting Nifty.
Since March`09,Nifty has tested its 50dema
ONLY TWICE that too very briefly.Everyone expecting correction and gone for shorts have lost their shirts.
It would be wise to keep 20dema(currently at 4970) as reference to follow the trend.After all one should be (financially)alive to see the nifty filling the gap at 3600 which is one of the long cherished dreams of all the Indians. ;-)
Regards,
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Thanks for ur views rupesh and have a good day.
cheers
Donvito...
Dear Hansal
I am not working for any company, I take care of my own business. I hope you have a good trading day.
cheers
Donvito...
There is no question of market breaching previous top of 5180 this expiry
RIL kept Nifty up today with 2:3 advance decline ratio which shud have been 4:1 if Bullish
i expect profit booking at Every high from Tomorrow with Nifty close at 5000 or at 4900 this series...
Its time to short-nifty at options December series at every High starting Tomorrow For heavy Dividends
5000,5100,5200 Puts
Upside in world markets will take a breather EXPECT a sudden and vicious Fall
cheers...
Its time to short-nifty at options December series at every High starting Tomorrow For heavy Dividends
5000,5100,5200 Puts
Upside in world markets will take a breather EXPECT a sudden and vicious Fall
cheers...
:-) I do not keep dreams in Market Rupesh711. However i was impressed with your target of 19000 in next week, this falls in line with a lot of TA`s.
If 2500 becomes 5100 in 10 months then why not 9000 in next 6 months.
Patience......
not in my dreams may be in your`s IF YOUR NF CAN GO FOR 9000 IN 2010...
Rupesh dear
You are welcome, why your name has 711? Did you work for 711 stores in US or you owned one?
711 were my good friends whenever i ran out of milk or beer lol :-)
BTW what do you think any chance of NF seeing 9000 in 2010?
Regards
patience......
dear patience, thanks a lot for posting your views
rupesh...
