Comments on: Technicals 12 Mar 2012 https://www.cashthechaos.com/technicals-12-mar-2012/ Mon, 04 May 2026 19:28:32 +0000 hourly 1 https://wordpress.org/?v=7.0 By: gupta_vipan https://www.cashthechaos.com/technicals-12-mar-2012/#comment-264 Fri, 16 Mar 2012 01:34:23 +0000 http://www.cashthechaos.com/blog/?p=1471#comment-264 Dear Jai,

I like that very much …. what u said about CNBC …and about your interview……:) U know its true sometimes u dont need to reveal everything you are feeling about the markets…

Regards,
Vipam

]]> By: Jai https://www.cashthechaos.com/technicals-12-mar-2012/#comment-263 Fri, 16 Mar 2012 00:42:53 +0000 http://www.cashthechaos.com/blog/?p=1471#comment-263 In reply to ajayS.

Dear Ajay,

CNBC staff are bulls – they will pluck out anything from the interview to make it sound bullish. Their headlines itself is contradictory – “One more leg up, stay in cash” 🙂 If you read the transcript of my interview or listen to the interview. I’m more nuetral to bearish.

The most importing thing though is how we position ourselves – we are buyers of puts on Nifty, Reliance and sellers of the Indian currency. So what does that make us? 🙂

Best regards,
Jai
PS: I’ve sometimes seen headline of an interview bear something an analyst has never said – nowadays they are well past that.

]]> By: ajayS https://www.cashthechaos.com/technicals-12-mar-2012/#comment-262 Thu, 15 Mar 2012 09:25:53 +0000 http://www.cashthechaos.com/blog/?p=1471#comment-262 Dear Jai,

On CNBC you said that the nifty may go up to 5630 from current levels which is very much contradictory to the levels of 4960 you have advocated on this site. Pl clarify as we have taken positions based on the levels of 4960.

Ajay

]]> By: shailendrasr https://www.cashthechaos.com/technicals-12-mar-2012/#comment-261 Wed, 14 Mar 2012 04:09:47 +0000 http://www.cashthechaos.com/blog/?p=1471#comment-261 no new view nothing to do

]]> By: prateeksinha https://www.cashthechaos.com/technicals-12-mar-2012/#comment-260 Wed, 14 Mar 2012 03:53:26 +0000 http://www.cashthechaos.com/blog/?p=1471#comment-260 JAI

The nifty has opened into the zone u had mentioned (5499). Any chance we can go short here or do we wait for a confirmation before going short.

Prateek Sinha

]]> By: Jai https://www.cashthechaos.com/technicals-12-mar-2012/#comment-259 Tue, 13 Mar 2012 09:34:50 +0000 http://www.cashthechaos.com/blog/?p=1471#comment-259 In reply to Rut.

If it is a expamded flat, it will exceed 827 but not 860. If it is wave 2 of 3 it will NOT exceed 827. SO, the risk now is 827 but less than 860, as per my view. I would prefer to short when there a negative reversal bar. But if you want to preempt the market sell with a stop abv 860 spot or buy some OTM puts.

Cheers,
Jai

]]> By: Rut https://www.cashthechaos.com/technicals-12-mar-2012/#comment-258 Tue, 13 Mar 2012 04:18:54 +0000 http://www.cashthechaos.com/blog/?p=1471#comment-258 Jai,

Based on your SMS, is it a good time to short Reliance ?

Regards

]]> By: Jai https://www.cashthechaos.com/technicals-12-mar-2012/#comment-257 Tue, 13 Mar 2012 02:36:40 +0000 http://www.cashthechaos.com/blog/?p=1471#comment-257 In reply to sara2002.

Keep it strictly for trading.

]]> By: sara2002 https://www.cashthechaos.com/technicals-12-mar-2012/#comment-256 Mon, 12 Mar 2012 17:01:58 +0000 http://www.cashthechaos.com/blog/?p=1471#comment-256 hai jai

pls tell me can i buy Jaiprakash Asso at current level

]]> By: Jai https://www.cashthechaos.com/technicals-12-mar-2012/#comment-255 Mon, 12 Mar 2012 06:14:50 +0000 http://www.cashthechaos.com/blog/?p=1471#comment-255 In reply to prateeksinha.

Always spot the reference.

]]>