iCharts Discussions

vinay28 · Black Belt Joined: 24 Dec 2010 Posts: 11748

thanks St, though at that time it was a wild thought, just trying to find different ways to judge market mood. But I feel market is still in a mood to deceive, may be to eat away option premiums, which means it will go up and down with a -ve slope for some days before it suddenly starts opening gap down on many days.

p_wangdu · White Belt Joined: 30 Apr 2012 Posts: 126

thank you for much defined and refine chart st sirji.

SwingTrader · Posted: Sun Oct 14, 2012 9:05 pm Post subject:

NittinP · White Belt Joined: 23 Sep 2012 Posts: 48

Hi ST, P_Wangdu,

On some website, I saw sentiment in terms of percentage. Example: 80% market participant think market is bullish...sort of... I am unable to recall that blog.

Whenever this sentiment crosses 90%, its time to be cautious... That what I read on that blog.. I hope I will find that blog.

Just food for thought.. Smile

Thanks,

NP

SwingTrader · Posted: Sun Oct 14, 2012 9:15 pm Post subject:

SwingTrader · Posted: Mon Oct 15, 2012 7:34 pm Post subject:

Another chart from me for those who are interested Very Happy

NSE market breadth - long vs medium term. Well....my definitions of long & medium are 50 days & 13 days respectively Very Happy

Basically this chart shows net status of all NSE stocks based on their technicals. For example : If the long term line is above 80% then 80% of stocks are displaying bullish technical characterstics (nothing fancy....something like their short-term moving average being above long-term moving average). If the long term line is around say -60% then it means 60% of stocks have strongly bearish technicals.

I am posting this as the medium term line has just gone negative. I hope the long term line follows and give me an opportunity to add to my longs Very Happy

vinay28 · Black Belt Joined: 24 Dec 2010 Posts: 11748

Looks like it's a matter of 2-3 weeks. Smile

I intend to go long by 8th Nov based on my "A" if all aspects turn out according to my study ...... so far they have. Sorry for digression, ST.

smartcancerian · Yellow Belt Joined: 07 Apr 2010 Posts: 542

[/quote]I am posting this as the medium term line has just gone negative. I hope the long term line follows and give me an opportunity to add to my longs Very Happy

[/quote]

Hello ST sir..
I could not collect the Meaning of above statement..?? when long term also follows to -ve medium term..why adding to longs.(or are u referring more longs/adds in puts)..

SwingTrader · Posted: Tue Oct 16, 2012 9:34 am Post subject:

SwingTrader · Posted: Tue Oct 16, 2012 9:35 am Post subject:

vinay28 · Black Belt Joined: 24 Dec 2010 Posts: 11748

saturn rises on 9th

SwingTrader · Posted: Tue Oct 16, 2012 12:52 pm Post subject:

SwingTrader · Posted: Tue Oct 16, 2012 6:54 pm Post subject:

Options sentiment has given a sell signal. I am not sure what kind of correction we will see here but around 2:30 when it was clear that NF was breaking down I bought a small position of put debit spreads (NOV 5700-5500). This will also hedge my stock positions partially.

vinay28 · Black Belt Joined: 24 Dec 2010 Posts: 11748

"............ but around 2:30 ............"

It looks like you are watching option sentiment regularly intraday. If so, good since market is giving sharp and sudden swings. As long as it happens intraday fine but when it happens due to gap up/down opening, it is scary.