Nifty Futures Trading Part 2 (Positional)

[orderflow13]

lets see what happens , 4000 is still far.
now its getting interesting, will RBI follow? its more than years we havent cut the rate, crr cut was one step of softening credit policy.Today not even FED cut rate but all major world banks. Market will be hopeful for sure,bull got something to chew on.

 

[cooltechnocrat]

There has been a co-ordinated rate cut by banks across the world. US, ECB, BoE, Sweden, Switzerland, Canada and China cut rates.

 

[mitasatyajit]

 

[mitasatyajit]

 

[coolboy007]

Satda

Where is ur line baba u missed it. What a recovery by europe and dow futures Satda i asked u for mercy and u contacted ur FED frnds to cut rates.

Line baba ki jai ho

 

[Czar]

???

 

[xtalk]

Oct. 8 (Bloomberg) -- The Federal Reserve, European Central Bank and four other central banks lowered interest rates in an emergency coordinated bid to ease the economic effects of the financial crisis.

I knew they would do something together to protect the capitalists. So, covered all shorts today.....lets wait n watch tomorrow.

Well, every central banks globally taking action to cut interest rate by 1% on a single day (this week?). So, impact on currency market will be huge. Weekly chart showing mkt oversold. So, i have covered 2/3rd of my shorts.

I won't go long aggressively as rate cuts has nothing to do with insolvency/credit trouble. A rally is expected till November election in US.

 

[Czar]

arre Munna bhai, aapko pataa nahi, Circuit gone to village to hul chalao & the beils have come here to help...

See Czar the beils (bulls) circuit sent were useful

so tell me were the feds & boe waiting for the Indian markets to close to announce the rate cuts ???

 

[cheeku]

Sat Da is that you in between Bear and Bull and still dancing or in confusion MAIN EIDHER JAYON YAN UDHER JAYON

 

[columbus]

It is natural to expect if the BULL is out side building ,then the BEAR inside the market.