MARKET IS GIVING GOOD OPPORTUNITY TO EXIT FROM UPSIDE. STILL FIIs ARE TAKING CONTINUOUSLY SHORT POSITION IN NIFTY FUTURE. TODAY ON 21 MAY 2012 TAKE SHORT POSITION RS. -546.80 CR AND SELLING IN CASH SEGMENT.
TAKE THE BENEFIT OF THIS UPSIDE OPPORTUNITY IN THE MARKET AND GET EXIT FROM LONG POSITIONS AND TAKE SHORT POSITIONS. NOTHING IS GOING TO POSITIVE STILL NOW. MARKET IS REACTING ON UPSIDE IS JUST BECAUSE OF NEWS FLOW AND FACTOR BUT POSSIBLE SOLUTION IS STILL NOT THERE.
IN G8 MEETING ALL BIG LEADERS GAVE STATEMENT TO SUPPORT THE GREECE HAS TO BE IN EURO ZONE BUT NOBODY IS STILL GETTING ANY SOLUTION OF THE PROBLEM.
POINTS WHICH CAN'T BE IGNORE :-
1. FIIs ARE TAKING CONTINUOUSLY SHORT POSITIONS IN NIFTY FUTURE. THE OVERALL FIIs ARE HAVING HUGE SHORT POSITIONS IN NIFTY FUTURE RS. -3097.57 CR. @ 5043.05 NIFTY SPOT LEVEL IN MAY 2012 SERIES
2. HUGE APPRECIATION IN DOLLAR AGAINST RUPEE WHILE DOLLAR ITS HIGHEST LEVEL @ 55
3. SOLUTION FOR GREECE EURO ZONE EXIT HAS STILL NOT FOUNDED
4. SLOW GROWTH IN CHINA,
5. MOODY'S DOWNGRADED SPANISH BANKS IN WHICH BANCO SANTANDER THE EURO ZONE LARGEST BANK WHICH IS VERY BAD AND SERIOUS THING
6. NO DEMAND IS LOOKING IN THE ECONOMY OF BOTH TYPES OF ECONOMY DEVELOPED AND DEVELOPING AND MANY MORE
7. MARKET IS TRADING IN PHASE 8:- ANXIETY - THIS DIPS IS TAKING LONGER THAN EXPECTED UNDER MARKET CYCLE
TAKE THE BENEFIT OF THIS UPSIDE OPPORTUNITY IN THE MARKET AND GET EXIT FROM LONG POSITIONS AND TAKE SHORT POSITIONS. NOTHING IS GOING TO POSITIVE STILL NOW. MARKET IS REACTING ON UPSIDE IS JUST BECAUSE OF NEWS FLOW AND FACTOR BUT POSSIBLE SOLUTION IS STILL NOT THERE.
IN G8 MEETING ALL BIG LEADERS GAVE STATEMENT TO SUPPORT THE GREECE HAS TO BE IN EURO ZONE BUT NOBODY IS STILL GETTING ANY SOLUTION OF THE PROBLEM.
POINTS WHICH CAN'T BE IGNORE :-
1. FIIs ARE TAKING CONTINUOUSLY SHORT POSITIONS IN NIFTY FUTURE. THE OVERALL FIIs ARE HAVING HUGE SHORT POSITIONS IN NIFTY FUTURE RS. -3097.57 CR. @ 5043.05 NIFTY SPOT LEVEL IN MAY 2012 SERIES
2. HUGE APPRECIATION IN DOLLAR AGAINST RUPEE WHILE DOLLAR ITS HIGHEST LEVEL @ 55
3. SOLUTION FOR GREECE EURO ZONE EXIT HAS STILL NOT FOUNDED
4. SLOW GROWTH IN CHINA,
5. MOODY'S DOWNGRADED SPANISH BANKS IN WHICH BANCO SANTANDER THE EURO ZONE LARGEST BANK WHICH IS VERY BAD AND SERIOUS THING
6. NO DEMAND IS LOOKING IN THE ECONOMY OF BOTH TYPES OF ECONOMY DEVELOPED AND DEVELOPING AND MANY MORE
7. MARKET IS TRADING IN PHASE 8:- ANXIETY - THIS DIPS IS TAKING LONGER THAN EXPECTED UNDER MARKET CYCLE
AS EARLIER ALERTED THAT MARKET IS GOOD OPPORTUNITY TO EXIT FROM ALL LONG POSITIONS FROM UP SIDE AND FINALLY MARKET GAVE THIS GOLDEN OPPORTUNITY TO EXIT FROM LONG POSITIONS AND TAKING SHORT POSITIONS. FINALLY MARKET CAME DOWN FROM THE UPPER LEVEL. SENSEX BECAME DOWN -340.31 POINTS FROM TODAY'S HIGH AND CLOSED NEAR TO DAY'S LOW @ 16026.41, DAY'S LOW @ 16000.84, NIFTY ALSO BECAME DOWN -95.85 POINTS FROM TODAY'S HIGH AND CLOSED NEAR TO DAY'S LOW @ 4860.50, DAY'S LOW @ 4849.90. IT HAD ALERTED THAT FIIs ARE TAKING CONTINUOUSLY SHORT POSITIONS IN NIFTY AND THE AVERAGE LEVEL IS @ 5045, SO NIFTY WAS NOT ABOVE THIS LEVEL, TODAY NIFTY DAY'S HIGH @ 4956.30 ALMOST-100 POINTS BELOW THE SHORT LEVEL OF FIIs AND GAVE GOLDEN OPPORTUNITY TO EXIT FROM LONG POSITIONS AND CREATING SHORT POSITIONS ON UPSIDE.
ReplyDeleteNIFTY IS UNDER PHASE 8 - ANXIETY (THIS DIPS IS TAKING LONGER THAN EXPECTED) AND PHASE 9 (DENIAL), PHASE 10 (PANIC) AND PHASE 11 (POINTS OF MAXIMUM FINANCIAL OPPORTUNITY) WILL COME ONE BY ONE. WHILE PHASE 7 - COMPLACENCY (WE JUST NEED TO COOL OFF FOR THE NEXT RALLY) HAS BEEN CLEARED BY NIFTY SPOT EARLIER. ALL THESE PHASES ARE IN UNDER RECESSION.