Archive for May, 2013

22
May
13

nifty watch = tracking

May 20, 2013 at 6:16 am

sell nifty with sl of 6255 and enjoy the slide up to 6166 and 6120. above 6255 we can see higher levels

Disclaimer: its just an observation for self study ; may , may not hold good.

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2rkarora
May 20, 2013 at 10:12 am

its all God’s grace Nifty slide from 6228 to 6154 in just intra-day. its all mathematics

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3rkarora
May 22, 2013 at 9:56 am

cover all your shorts @ 6009. its all god’s blessing . its His grace only. more than 200 points earned in bull market by playing short.

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17
May
13

source : rediffmail.com

MUMBAI | Fri May 17, 2013 4:17pm IST
(Reuters) – Standard & Poor’s reiterated its negative rating outlook on India’s credit rating, which is one notch above junk status, warning of risks if the government carries out less reform than the agency says is needed to boost growth.

The rating agency, which warned of at least a one-in-three chance of a downgrade within the next 12 months, said the major risks for a lower rating are a high fiscal deficit and heavy government borrowing.

India’s benchmark 10-year yield rose 4 basis points to 7.41 percent from levels before the statement. The yield closed at 7.39 percent on Thursday.

“If India’s general government fiscal or current account deficits worsen contrary to our expectations, we may lower the ratings,” S&P said in a release on Friday, after affirming India’s BBB- rating with a negative outlook.

Finance Minister P. Chidambaram has said he will stick to a budgeted fiscal deficit target of 4.8 percent of GDP in the fiscal year ending March 2014 after being able to restrict the deficit to around 5 percent in the previous fiscal year.

“We may revise the outlook to stable if the government carries through with its plans to unleash public and private investments (for example, by enacting the land acquisition bill), to implement a nationwide government sales tax, or to further trim fuel and fertilizer subsidies,” S&P said.

India’s growth slipped to a decade low of 5 percent in the fiscal year that ended in March 2013 after posting nearly double digit growth in 2008. Recent corruption scandals have prevented the government from passing key reform bills in the parliament.

16
May
13

Nifty watch

above 6120 levels are 6163 and 6245.
thanks to lower inflation rate, which attracted money of foreign and domestic funds. there is only one rule in stock market, ” more you pump in money more it goes up. ” 2nd rule is bull markets are followed by bear markets and bear markets are followed by bull markets.

its just an observation for self study, may may not hold good.

13
May
13

Nifty – Watch: Follow up

on March 07th , it was reported ” Technically if Nifty break 5929, will set new targets 6047 and 6120. On other side if break, 5668 will target 5625 and 5514.” just check. High formed is near to Final target price :6120 only and earlier low was made near final target price:5514 only and reversed from there. its all game of levels only. Its all mathematics. Happy Trading. Its all God’s grace. Balance of payment is just trigger.  

03
May
13

Its all Mathematics; Its God’s Grace

rkarora
April 30, 2013 at 4:49 am

after 5929 – 5975 is trend decider. if cross upward can go further high, otherwise will fall up to 5817 and 5730

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2rkarora
May 3, 2013 at 4:44 am

sell with sl of 6048 spot, targets are 5966-5920-5850-5730; if break 6048 than target are 6163-6241

it may , may not hold good . its for self study only. its just an observation.

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3Abhishek
May 3, 2013 at 7:55 am

sirji made good amts of profits trading onto your levels. keep up the good work!!!

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4rkarora
May 3, 2013 at 9:47 am

ITS JUST GOD’S GRACE ONLY. nifty touched its 1st target and is trading near its 2nd target. in next few days we can see hitting next levels also. its all mathematics.




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