Comments on: Couple of snapshot’s https://www.cashthechaos.com/couple-of-snapshots/ Mon, 04 May 2026 19:28:33 +0000 hourly 1 https://wordpress.org/?v=7.0 By: vivekagrawal https://www.cashthechaos.com/couple-of-snapshots/#comment-171 Tue, 14 Feb 2012 16:18:23 +0000 http://www.cashthechaos.com/blog/?p=1422#comment-171 In reply to Jai.

btw, the option setup tells me we may not drop below 5300 before Feb expiry. But anything can happen after that 😉

]]> By: vivekagrawal https://www.cashthechaos.com/couple-of-snapshots/#comment-170 Tue, 14 Feb 2012 16:16:49 +0000 http://www.cashthechaos.com/blog/?p=1422#comment-170 In reply to Jai.

Thanks Jai. I agree, patience is the key and goig long right now looks like suicide. Thanks again. Will wait for this to resolve one way or the other.

]]> By: Jai https://www.cashthechaos.com/couple-of-snapshots/#comment-169 Tue, 14 Feb 2012 14:37:32 +0000 http://www.cashthechaos.com/blog/?p=1422#comment-169 In reply to vivekagrawal.

Hi Vivek,

This has been one tough cookie 🙂 isnt it? It is testing our patience to the limit. Even to go long one has to wait. Momentum is disagreeing in a big way in many index stocks like Larsen. Even if the markets head abv 5440, the move will be laboured one. The higher this market goes, the more vertical and heavier the drop going to be.

]]> By: Jai https://www.cashthechaos.com/couple-of-snapshots/#comment-168 Tue, 14 Feb 2012 14:32:03 +0000 http://www.cashthechaos.com/blog/?p=1422#comment-168 In reply to Anitagupta.

Dear Anita,

Unless Nifty heads below 5325, the correction would not set in. The bare minimum for correction though is 5077 – I should say something like a guarantee.

]]> By: Anitagupta https://www.cashthechaos.com/couple-of-snapshots/#comment-167 Tue, 14 Feb 2012 13:55:29 +0000 http://www.cashthechaos.com/blog/?p=1422#comment-167 Dear Jai,

How much is the probability of Nifty correcting from this level before going further up and if it corrects from here what the bare minimum level it should touch on the downside as per your opinion.

]]> By: vivekagrawal https://www.cashthechaos.com/couple-of-snapshots/#comment-166 Tue, 14 Feb 2012 11:37:11 +0000 http://www.cashthechaos.com/blog/?p=1422#comment-166 In reply to Jai.

Sorry Jai confused. Are we expecting a breakout? Thx.

]]> By: Jai https://www.cashthechaos.com/couple-of-snapshots/#comment-165 Tue, 14 Feb 2012 08:09:17 +0000 http://www.cashthechaos.com/blog/?p=1422#comment-165 In reply to rahulrtawde.

Nifty has made 2 inside day not just yesterday. The range is shrinking but no break out has occured. The breach of 5325 would mark the start of correction.

Best regards,
Jai

]]> By: hotlakshmi https://www.cashthechaos.com/couple-of-snapshots/#comment-164 Tue, 14 Feb 2012 06:21:30 +0000 http://www.cashthechaos.com/blog/?p=1422#comment-164 Jai, do you advise to hold Bharti Airtel. your view please, thanks

]]> By: rahulrtawde https://www.cashthechaos.com/couple-of-snapshots/#comment-163 Tue, 14 Feb 2012 05:05:27 +0000 http://www.cashthechaos.com/blog/?p=1422#comment-163 Dear Jai,

What levels for Nifty
Yesterday was an Inside day on Nifty spot.

Regards
Rahul T

]]> By: Jai https://www.cashthechaos.com/couple-of-snapshots/#comment-162 Tue, 14 Feb 2012 02:02:43 +0000 http://www.cashthechaos.com/blog/?p=1422#comment-162 In reply to Rut.

Hi Rut,

LT should correct to a bare minimum of 1220 and SBI the minimum is 1980. We have to evaluate based on further inputs. Anything more than 1890 on SBI will tip the odds higher for bears. LT correction beyond 1130 may mean new low. Let us wait and see.

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