The Nifty Trading Lounge

[badarivt]

Prediction by expert(s)
Keep holding long positions; Nifty to outperform CNX IT, CNX Bank: Ashwani Gujral
By ET Now 6 May, 2015, 08.23AM

Traders can go short as more triple digits falls expected on Nifty: Ashwani Gujral
By economictimes.com 6 May, 2015, 03.52PM

 

[Taurus1]

Xtreme volatility to come...... take long/short overnight positions with care

Yesterdays volatility is now the norm, expect more in the days ahead.

7 Person CFTC Team Charges Gold Manipulators Identified First On Zero Hedge With Gold And Silver Spoofing
http://www.zerohedge.com/news/2015-...-identified-first-zero-hedge-gold-and-silver-
In case you haven't noticed, it has already started here and is too easy to spot but nothing is being done about it. :annoyed:

Yesterday I wanted to buy L&T puts. The bid/ask spread is about a buck and I'm in office with little spare time, so I put in a bid 0.40 above the best bid expecting my bid to be taken.
As soon as I put in the bid, my bid came on the screen for a split second before another bid 0.05 higher came in.

The speed with which the higher bid was placed made it obvious that it was an algo fake bid intended only to rig the price higher.
How do I know?
I cancelled my order and instantly the higher bid vanished.
The higher bid had 8 fake lots to buy and this must be going on in the sell side too. In wide bid/ask spreads it is very easy to spot and this could be going on in every other counter as well.


Some good news for bbuuullllssss...... there is a good chance that the Fed will step in and do another QE soon. :rofl:
SocGen's Edwards: More Fed Stimulus Coming in Inflationary Push
http://www.newsmax.com/Finance/Stre...e-Generale-Fed-stimulus/2015/05/01/id/641943/

Hedge fund managers’ pay slashed to $211,538 an hour
http://www.marketwatch.com/story/hedge-fund-managers-pay-slashed-to-211538-an-hour-2015-05-05

 

[Serious_Trader]

Prediction by expert(s)
Keep holding long positions; Nifty to outperform CNX IT, CNX Bank: Ashwani Gujral
By ET Now 6 May, 2015, 08.23AM

Traders can go short as more triple digits falls expected on Nifty: Ashwani Gujral
By economictimes.com 6 May, 2015, 03.52PM

Ye Moto ram (Dharti ka Bhoj) kabhi nei Sudrega......Delhi mein 20 k mein Doctorate degree milta hai...ye janwab bhi 20k mein Techinacal Expert ban gaya....:annoyed:

 

[Taurus1]

From the 13th till the 27th, I'm on holiday.

Front row seat needed........

Yesterday, China cut interest rates for the third time in 6 months, making it the most manipulated market...... probably a preemptive first strike move before the Greek default.

The Last Time This Happened, Chinese Stocks Crashed
http://www.zerohedge.com/news/2015-05-11/last-time-happened-chinese-stocks-crashed
However, it has added ome more "inversion" and the "low" forecast needs to be re made. :annoyed:

The reasons I did not post the date of the low are because the last forecast was taken from here and posted elsewhere and with the number of inversions aka manipulations adding up, I was not sure if the low date would be valid.

I will post the "low" date 3 days in advance, it could be sooner than you think.

The whole world knows very well that Greece cannot pay now and never will, yet the farce continues to be dragged on and on and on and on.

 

[timepass]

The whole world knows very well that Greece cannot pay now and never will, yet the farce continues to be dragged on and on and on and on.

Greece orders IMF Payment.

Apple & Greece

 

[Taurus1]

Greece orders IMF Payment.

Apple & Greece

That was just the 5% interest payment, which was paid in two instalments.

The second instalment of 750 m E was paid by using IMF money to pay the IMF.

Yes, it actually happenened and the entire episode is so hilarious that it defies any form of logic.

Read it here............
Greece Effectively Defaults To IMF Using SDR Reserves To "Repay" Fund; 1 Month Countdown Begins
http://www.zerohedge.com/news/2015-...dr-reserves-repay-fund-1-month-countdown-begi

As Bloomberg reports, citing Kathimerini, Greece tapped IMF reserves to pay .. well, to pay the IMF:

In sum: the IMF paid itself on behalf of Greece and will now be forced to pay itself back for paying itself later this month

IamhousefullNiftyandBankniftyputsfromyesterday

 

[Taurus1]

Nifty high on 15th May, +/-1

All markets, the Asian, European and US will see xtreme volatility next week.

Take no prisoners............
Only for traders with bulls of steel and wide stops.

HSBC cuts India to underweight from overweight

http://economictimes.indiatimes.com...weight-from-overweight/videoshow/47260377.cms

It's Official: The BoJ Has Broken The Japanese Stock Market
http://www.zerohedge.com/news/2015-05-13/its-official-boj-has-broken-japanese-stock-market

The world has now officially given up any pretensions that Japan’s elephantine QE program isn’t underwriting the rally in Japanese stocks. Not only is the Bank of Japan buying ETFs, they’re targeting their purchases to (literally) ensure that stocks can’t fall by stepping in when things look weak at the open.

"Holmes, what is the biggest threat to the stock market?"
"Same as ever, Watson. Same as ever. REALITY."

Holmes looks at wrist watch
"And that won't be dawning on anyone around here for some time to come."

 

[insursi]

Nifty high on 15th May, +/-1

I was actually guessing atleast one more week for Nifty high but didn't expect this soon it comes!!

 

[timepass]

Nifty high on 15th May, +/-1

The same for banknifty ??

 

[Taurus1]

The same for banknifty ??

I have not done the BN calculation, but it will follow the Nifty.

Worst case scenario, it will lag by a few hours.

I'm holding BN puts too.

Nifty premium at 2 points......