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My Nifty View and Trades |
Sun08 White Belt
Joined: 21 Aug 2017 Posts: 478
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Post: #61 Posted: Tue Jul 10, 2018 5:53 pm Post subject: |
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good close giving hopes for a new ATH. but step by step. sold my calls since now I am expecting 120-180 fall first as it is overbought but not sure from what level. probably Friday afternoon may be a good time to go long. However, worried again by a RIL supported rally. |
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Sun08 White Belt
Joined: 21 Aug 2017 Posts: 478
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Post: #62 Posted: Wed Jul 11, 2018 6:01 pm Post subject: |
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good I sold my calls near eod yesterday. in spite of ril support, bank nifty played dirty. doji candle is worrisome though trend still bullish. 120-180 fall suggested yesterday likely from today's high unless closes above today with a green candle. |
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Sun08 White Belt
Joined: 21 Aug 2017 Posts: 478
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Post: #63 Posted: Thu Jul 12, 2018 3:22 pm Post subject: |
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bought calls at gap up open and sold later.
nifty close at/below 11030.75 and BN close at/below 27012.25 can give shooting star |
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Sun08 White Belt
Joined: 21 Aug 2017 Posts: 478
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Post: #64 Posted: Fri Jul 13, 2018 8:49 am Post subject: |
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nifty was up on Tuesday. so waiting for Tuesday-Friday contra effect as well as effect of Friday the 13th. |
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Sun08 White Belt
Joined: 21 Aug 2017 Posts: 478
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Post: #65 Posted: Tue Jul 17, 2018 2:45 pm Post subject: |
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Sun08 wrote: | good I sold my calls near eod yesterday. in spite of ril support, bank nifty played dirty. doji candle is worrisome though trend still bullish. 120-180 fall suggested yesterday likely from today's high unless closes above today with a green candle. |
nifty fell 150 from high. calls bought near EOD yesterday gave profit though I am out again. now to watch for a close > 11019/24. If happens, I will think of going long again. |
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Sun08 White Belt
Joined: 21 Aug 2017 Posts: 478
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Post: #66 Posted: Wed Jul 18, 2018 3:28 pm Post subject: |
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though I have gone long near the low, dark cloud cover like formation make me cautious |
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Sun08 White Belt
Joined: 21 Aug 2017 Posts: 478
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Post: #67 Posted: Thu Jul 19, 2018 6:34 pm Post subject: |
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Bulls have some hope after a close > 10956.40. But again supported by RIL and not bank nifty. So tomorrow's close may be important. |
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Sun08 White Belt
Joined: 21 Aug 2017 Posts: 478
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Post: #68 Posted: Fri Jul 20, 2018 6:07 pm Post subject: |
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Sun08 wrote: | Bulls have some hope after a close > 10956.40. But again supported by RIL and not bank nifty. So tomorrow's close may be important. |
nifty did well by closing above 11008 though NF was stronger with the highest close of July. But once again mainly supported by RIL. Unless bank nifty makes a break out, this move can be short lived. |
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Sun08 White Belt
Joined: 21 Aug 2017 Posts: 478
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Post: #69 Posted: Mon Jul 23, 2018 5:46 pm Post subject: |
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A good close and that too not supported by RIL but by bank nifty, though the latter is still underperforming the nifty. it was a good long in morning though covered near EOD. Is it good enough for a new ATH and much more. let's go day by day now. I intend to go long again tmrw on dips if I get them, preferably 50-60 down tks to the -ve divergence. |
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Sun08 White Belt
Joined: 21 Aug 2017 Posts: 478
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Post: #70 Posted: Tue Jul 24, 2018 3:41 pm Post subject: |
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a new ATH close for N spot and N Future without making an intraday ATH. |
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amit522 White Belt
Joined: 31 Oct 2017 Posts: 117
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Post: #71 Posted: Tue Jul 24, 2018 8:38 pm Post subject: |
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Sun08 wrote: | a new ATH close for N spot and N Future without making an intraday ATH. |
is that a sign of reversal ? considering target achieved ...[/quote] |
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Sun08 White Belt
Joined: 21 Aug 2017 Posts: 478
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Post: #72 Posted: Wed Jul 25, 2018 2:18 pm Post subject: |
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amit522 wrote: | Sun08 wrote: | a new ATH close for N spot and N Future without making an intraday ATH. |
is that a sign of reversal ? considering target achieved ... | [/quote]
not necessarily but it can. If it does reverse then it's often with a higher high with a -ve divergence, which anyway still exits. As it stands now, chances of a new ATH and perhaps much more are still high. so may be some consolidation. many times price tries a new high three times before succeeding, as a Japanese theory goes. |
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Sun08 White Belt
Joined: 21 Aug 2017 Posts: 478
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Post: #73 Posted: Wed Jul 25, 2018 7:41 pm Post subject: |
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tmrw (and/or Friday) could be a 400 pointer for bank nifty. probably up |
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Sun08 White Belt
Joined: 21 Aug 2017 Posts: 478
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Post: #74 Posted: Thu Jul 26, 2018 2:47 pm Post subject: |
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Sun08 wrote: | tmrw (and/or Friday) could be a 400 pointer for bank nifty. probably up |
400 done |
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amit522 White Belt
Joined: 31 Oct 2017 Posts: 117
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Post: #75 Posted: Thu Jul 26, 2018 3:51 pm Post subject: |
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Sun08 wrote: | Sun08 wrote: | tmrw (and/or Friday) could be a 400 pointer for bank nifty. probably up |
400 done |
good one Sun08.
What is your take for tomorrow ? |
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