Comments on: Technicals 30th Nov 2011

By: Jai

Jai — Wed, 30 Nov 2011 16:23:07 +0000

In reply to hotlakshmi. Knee jerk reaction. Anyway it is a relief rally

By: Jai

Jai — Wed, 30 Nov 2011 16:22:08 +0000

In reply to shabbirsp. Let us see, how many hours this easy dollar swap lines trade lasts :)

By: Jai

Jai — Wed, 30 Nov 2011 16:20:59 +0000

In reply to shivakn. As I see it - the larger trend is down. If you are long use $30.9 as stop

By: Jai

Jai — Wed, 30 Nov 2011 16:19:55 +0000

In reply to mukta. Limited upside.

By: Jai

Jai — Wed, 30 Nov 2011 16:19:31 +0000

In reply to shabbirsp. Yes little more patience to short the IT stocks. Hold Apollo to tgt.

By: shabbirsp

shabbirsp — Wed, 30 Nov 2011 14:08:47 +0000

jai
checked in to know your comments on my earlier query, saw the europe and dow futures all up around + 3% on the announcment of easing by central banks, your views on it,
regards

By: shivakn

shivakn — Wed, 30 Nov 2011 13:35:59 +0000

Silver shooting up after the fed press release…time to go long??

By: hotlakshmi

hotlakshmi — Wed, 30 Nov 2011 13:33:52 +0000

Hi Jai

China has cut CRR after the Indian markets closed. What effect will it have on stocks, commodities particularly gold and silver. Thanks

By: shabbirsp

shabbirsp — Wed, 30 Nov 2011 12:20:45 +0000

hi jai,
any views or calls on shorting TCS and wipro both of them have come up a bit, or for now going slow is the mantra, one more advice i was able to buy apollo tyres @ 66.00 is it advisable to cover now and then again wait for it come down to 64.00 levels to buy
regards

By: mukta

mukta — Wed, 30 Nov 2011 12:03:02 +0000

Jai,

How is TCS looking at current levels. It seems to be outperforming the IT lot. Thx