Nifty Intraday Pivot Points

[kum2305]

No Talisman, no apologies needed at all. I just wanted to emphasize the sincerity part of it, that's all.

Continued success in your trading!

Kumar

Oh, That goes without any second thought. I will not be the only one to understand and relate to those emotions. It was almost like you were representing collective voice of so many other forum members including me. -)

Apologies if my previous post conveyed otherwise.

Now, its a different matter, whenever I would express something like that he feels like saying, "Chal bachche..Bahut ho gaya...pehle dhang se trading karna seekh le..."...hehe...

 

[SavantGarde]

Re-Post Because It Got Buried

Hi Keerthi, KalyaniSalem, Pooja, Amit, Padhugvn, Manjeet, Talisman, Chait, Murtaza, Aqua, SM & Those Interested In Options,

5400 CE NOV. Buy Between Rs.8-12

And Or

5300 CE NOV. Buy Between Rs.15-20

Happy & Safer Trading

SavantGarde

 

[Prabhan]

Hi Prabhan,

You Have Missed RBI Policy Announcement Around Noon

Happy & Safer Trading

SavantGarde

Hi All,
Can anyone tell me when we are expecting RBI Policy announcement?

 

[SavantGarde]

Prabhan,

Are You Demented Or Were You Hiding Behind The Door When Good Was Distributing Brains....What Do You Think...'Noon' Means...@#$$&^ 12.00

SavantGarde

Hi All,
Can anyone tell me when we are expecting RBI Policy announcement?

 

[Prabhan]

Prabhan,

Are You Demented Or Were You Hiding Behind The Door When Good Was Distributing Brains....What Do You Think...'Noon' Means...@#$$&^ 12.00

SavantGarde

No sirjeee....someone told that its at 11..thts why got confused..:

 

[Prabhan]

No sirjeee....someone told that its at 11..thts why got confused..:

Sources:
NDTV Profit:
The Reserve Bank of India in its credit policy has kept its policy rates steady, keeping its repo and reverse rates unchanged. But the central bank has increased its statutory liquidity ratio.

The hike in SLR will not impact liquidity, the RBI said.

The central bank has kept its reverse repo rates and repo rate unchanged at 3.25 per cent and at 4.75 per cent respectively.

However, the RBI has raised FY10 inflation forecast to 6.5 per cent vs earlier estimate of 6 per cent. But it has FY10 credit growth forecast cut to 18 per cent vs earlier estimate of 20 per cent.

 

[[email protected]]

Credit Policy: CRR, Repo Rate and Reverse Repo remain unchanged, reports CNBC TV18. Only SLR has been hiked to 25% from 24%,

 

[Prabhan]

Sources:
NDTV Profit:
The Reserve Bank of India in its credit policy has kept its policy rates steady, keeping its repo and reverse rates unchanged. But the central bank has increased its statutory liquidity ratio.

The hike in SLR will not impact liquidity, the RBI said.

The central bank has kept its reverse repo rates and repo rate unchanged at 3.25 per cent and at 4.75 per cent respectively.

However, the RBI has raised FY10 inflation forecast to 6.5 per cent vs earlier estimate of 6 per cent. But it has FY10 credit growth forecast cut to 18 per cent vs earlier estimate of 20 per cent.

Sirjee...this credit policy is good/bad news for me??

(am I posting too many posts...??)

 

[GuluGulu]

Hi Savantji,

What will have effect of this Credit Policy on the market? I am novice to understand this RBI thingy.

Anyway, Bought 5400CE NOV @ around 12.50/- about 1/3rd of my target quantity. Should I wait more to add when price comes down? Do you think Nifty will go much lower? Please reply.

Regards,
GG

 

[SavantGarde]

Hi GG,

Mostly Interpreted By Market Makers To Suit Their Positions....
On The Face Of It Whatever I Know, It Is A Positive..There Shouldn't Be Any Surprise That They Will Start Tightening Going Forward....

RBI Has Announced More Changes....Without A Scheduled Meeting Than During Policy Meetings....Therefore One Should Always Be Prepared For Such Things Before The Next Scheduled Meeting....

Happy & Safer Trading

SavantGarde

Hi Savantji,

What will have effect of this Credit Policy on the market? I am novice to understand this RBI thingy.

Anyway, Bought 5400CE NOV @ around 12.50/- about 1/3rd of my target quantity. Should I wait more to add when price comes down? Do you think Nifty will go much lower? Please reply.

Regards,
GG