Comments on: Technicals 24th Jan 2012 https://www.cashthechaos.com/technicals-24th-jan-2012/ Mon, 04 May 2026 19:28:48 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Rut https://www.cashthechaos.com/technicals-24th-jan-2012/#comment-90 Wed, 25 Jan 2012 08:29:55 +0000 http://www.cashthechaos.com/blog/?p=1387#comment-90 Jai,

Can you pls let know some specific thoughts on SBI and Infosys. I have been running short on oth these stocks from yesterday.

Regards

]]> By: prateeksinha https://www.cashthechaos.com/technicals-24th-jan-2012/#comment-89 Wed, 25 Jan 2012 05:43:49 +0000 http://www.cashthechaos.com/blog/?p=1387#comment-89 In reply to Jai.

Thanks a lot Jai

RBI has beeen sellling close to $300 mio a day and if rumours are to be believed RBI is targetting 48.5 by march end.

I guess we should wait till that target is achieved.

]]> By: jayaramg https://www.cashthechaos.com/technicals-24th-jan-2012/#comment-88 Tue, 24 Jan 2012 15:18:01 +0000 http://www.cashthechaos.com/blog/?p=1387#comment-88 In reply to Jai.

Thanks Jai

]]> By: Jai https://www.cashthechaos.com/technicals-24th-jan-2012/#comment-87 Tue, 24 Jan 2012 13:53:26 +0000 http://www.cashthechaos.com/blog/?p=1387#comment-87 In reply to jayaramg.

Jayaram/Prateek,

INR should not strengthen beyond 48 if it does my view that 57+ is coming is probably wrong. DXY seems like it would hit 85 by March and much bigger targets in the long term. Correspondingly INR shud weaken.

Best regards,
Jai

]]> By: jayaramg https://www.cashthechaos.com/technicals-24th-jan-2012/#comment-86 Tue, 24 Jan 2012 11:45:00 +0000 http://www.cashthechaos.com/blog/?p=1387#comment-86 Hi Jai,
Pls let me know your views on USD-INR from a 3-6 month perspective

Regards,

]]> By: prateeksinha https://www.cashthechaos.com/technicals-24th-jan-2012/#comment-85 Tue, 24 Jan 2012 11:16:59 +0000 http://www.cashthechaos.com/blog/?p=1387#comment-85 Dear Jai

Just wanted to know your view on USDINR trade as well. The dollar has almost retraced 50% from the highs.. Any views on what level can we re enter the dollar trade….

]]> By: Jai https://www.cashthechaos.com/technicals-24th-jan-2012/#comment-84 Tue, 24 Jan 2012 09:40:59 +0000 http://www.cashthechaos.com/blog/?p=1387#comment-84 In reply to ajayS.

Ok guys,

It does looks like it is case (B) outlined yesterday. To quantify case B – Nifty could stretch to 5275. Will look for quick Jab trades from tomorrow on the long side

]]> By: ajayS https://www.cashthechaos.com/technicals-24th-jan-2012/#comment-83 Tue, 24 Jan 2012 07:22:33 +0000 http://www.cashthechaos.com/blog/?p=1387#comment-83 Dear Jai,

Any comments on the credit policy and its implications on the market on the whole.

Ajay

]]> By: mukta https://www.cashthechaos.com/technicals-24th-jan-2012/#comment-82 Tue, 24 Jan 2012 07:04:51 +0000 http://www.cashthechaos.com/blog/?p=1387#comment-82 Hi Jai,

Just wanted to check, whether after the completion of this wave C, whether the downtrend will resume? what are the odds that we start a new wave trend on the upside? Is their any level on nifty or bank nifty, which once crossed will lead to a resumption of bull market? Thanks

]]> By: paragj https://www.cashthechaos.com/technicals-24th-jan-2012/#comment-81 Tue, 24 Jan 2012 06:33:08 +0000 http://www.cashthechaos.com/blog/?p=1387#comment-81 Hi Jai,
We have seen market reacting positively to the credit policy, where do u think the upside will be arrested?

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