Bulls, Bears & The Lion

abhiwhy

Well-Known Member
Are they going to celebrate Christmas for 3 weeks this time ?(for past 2 weeks virtually-nothing is happening plus one more week to go before Christmas) :confused::confused:

This had not happened during the past two decembers. Seems like people want to celebrate the said rebound from the RECESSION. ;)
santa will tell better bro!!! :D

but there should be some movement in market at least in last week.
 

findvikas

Well-Known Member
You were expecting the Fed to reduce rates to negative????
Or do away with the rates and start handing money???
Did I said that I was expecting FED to reduce the rates further? Read it first before you say anything :rofl:

People who anticipated a crash were banking on bernanke to give a jolt but life`s like that..
yeah sure.. and people who know US market and what would Ben say said what will happen around 4pm yesterday :rofl::rofl:

What this move however does prove is that the rally will not be held back in equity markets.And it is a huge positive and will signal the weakening of dollar in coming weeks.
One advice, as you trade BNF, keep yourself updated of what's happening in Bullion & ForEX market. I would like you or anyone who is bullish on Banking to explain me why are they bullish on Banking.
 

findvikas

Well-Known Member
Nifty Futures is not moving anywhere. Bulls can hold onto their longs and add more longs around 5010 with a MUST quit point below 5004

Go ruthless short below 5000 , unexpected as of now, but if market goes below 5000 expect 4950,4750 in very short span.
 

abhiwhy

Well-Known Member
Nifty Futures is not moving anywhere. Bulls can hold onto their longs and add more longs around 5010 with a MUST quit point below 5004

Go ruthless short below 5000 , unexpected as of now, but if market goes below 5000 expect 4950,4750 in very short span.


i agree :thumb:
 

findvikas

Well-Known Member
Just be cautious and have SL in place.. market breadth is not all that bad and after a sudden fall on intraday chart from 5046... market has scope of a similar kind of pickup back to 5035-5040 levels... below 5070 bears will rule so add more and more shorts around 5060 till 5070 and MUST quit at 5080
 

findvikas

Well-Known Member

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