Comments on: Short term technicals – 11-11-11 https://www.cashthechaos.com/1202-2/ Mon, 04 May 2026 19:29:40 +0000 hourly 1 https://wordpress.org/?v=7.0 By: shabbirsp https://www.cashthechaos.com/1202-2/#comment-1623 Sat, 12 Nov 2011 07:04:57 +0000 http://www.cashthechaos.com/blog/?p=1202#comment-1623 hi jai
lots of attention has been paid to international data, as indian markets go up and down by FII investment sentiment, but what about local data like indian gov bond prices rising or RBI had to cancel bond auction on friday as there were not enough bids at offered rates, or IIP data coming low, auto sales registering fall, does this not effect the FII and local investment sentiment. can u just touch base on this points
regards

]]> By: prateeksinha https://www.cashthechaos.com/1202-2/#comment-1621 Fri, 11 Nov 2011 12:43:04 +0000 http://www.cashthechaos.com/blog/?p=1202#comment-1621 In reply to prateeksinha.

Another point to be noted is the appointment of Mario Monty as a senator for life and if rumours are to believed there is a good chance that Berlusconi willl resign and Mario Monty will take over as the new premier of Italy… All these might give a last leg to the rally

awaiting your views on that

]]> By: prateeksinha https://www.cashthechaos.com/1202-2/#comment-1619 Fri, 11 Nov 2011 11:57:28 +0000 http://www.cashthechaos.com/blog/?p=1202#comment-1619 In reply to prateeksinha.

Jai

The italian bond yields have retreated to below 7 levels (6.6%) as we speak on reports of ECB buying… I know this is not permanent solution, my only fear is that we might get caught on the right side but at the wrong time….Reliance just shot off from 850 and did not stop rising till the days end… Dollar also touched its 2.5 year high and then retreated a bit from there.
So there might be some steam left in the market to atleast hold on to the 5130-5140 level atleast till the month of November and frustrate the bears.

]]> By: prateeksinha https://www.cashthechaos.com/1202-2/#comment-1617 Fri, 11 Nov 2011 11:44:54 +0000 http://www.cashthechaos.com/blog/?p=1202#comment-1617 Jai

Italian bond yields are lower today. T

]]> By: Jai https://www.cashthechaos.com/1202-2/#comment-1615 Fri, 11 Nov 2011 08:20:08 +0000 http://www.cashthechaos.com/blog/?p=1202#comment-1615 In reply to hotlakshmi.

I think it will not cross 1805. On a larger time frame it is very likely to head down – unless ECB decides to print (which they cannot according to Lisbon treaty)

Best,
Jai

]]> By: Jai https://www.cashthechaos.com/1202-2/#comment-1613 Fri, 11 Nov 2011 08:17:20 +0000 http://www.cashthechaos.com/blog/?p=1202#comment-1613 In reply to Amrishrau.

Amrish,
The fact that it went below 855 is a good sign for the bearish case but need a close below that level to be convinced. Just an intraday short covering nothing else to read into – wait for the close

Best regards,
Jai

]]> By: Amrishrau https://www.cashthechaos.com/1202-2/#comment-1611 Fri, 11 Nov 2011 07:51:38 +0000 http://www.cashthechaos.com/blog/?p=1202#comment-1611 Jai,

How do you read this bounce back fro sub 851 for Reliance ? Bullish for the stock or otherwise. I am running a short on Reliance

Regards Rut

]]> By: hotlakshmi https://www.cashthechaos.com/1202-2/#comment-1609 Fri, 11 Nov 2011 07:33:18 +0000 http://www.cashthechaos.com/blog/?p=1202#comment-1609 Jai
What s your view on gold? Yesterday it touched 1736 before bouncing back to 1765 levels. Do you think it can revisit 1730 levels. Regards

]]> By: shabbirsp https://www.cashthechaos.com/1202-2/#comment-1607 Fri, 11 Nov 2011 06:16:09 +0000 http://www.cashthechaos.com/blog/?p=1202#comment-1607 jai
right on cue reliance has touched 851.00, today itself
regards

]]> By: shabbirsp https://www.cashthechaos.com/1202-2/#comment-1604 Fri, 11 Nov 2011 05:35:41 +0000 http://www.cashthechaos.com/blog/?p=1202#comment-1604 In reply to Jai.

sir any views on united spirit as it has come down today

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