iCharts Discussions

manojkr78 · Green Belt Joined: 07 Mar 2011 Posts: 1014

gautham,

many thanks for your update....

shashangan · Posted: Thu Dec 26, 2013 11:27 am Post subject:

Greetings for the Festive Season

To give a positive start to 2014, I feel on 31st Dec 2013 which is coming Tuesday they will try & keep the Futures above 6350 & possibly try & close above 6425.

So there is possibility for NF to Target around 6492-6500 by 3rd Jan. So if you get 6265 should be a good buy for medium term. Immediate Stops to slow down is below 6195. It may not go below 6220-15 area itself which also is an extension. Immediate Reversal stops below 6145.

I want a very strong move or a strong close above 6335 which would be very positive for bulls.

Play min. Stay cautious. Dont over expose. Play with discipline & appropriate stops.

Regards,
Gautham Shashangan

manojkr78 · Green Belt Joined: 07 Mar 2011 Posts: 1014

gautham,
thanks for your post....6265 on dem or jan contract??? plz confirm

shashangan · Posted: Thu Dec 26, 2013 2:04 pm Post subject:

Intra day - If you want to take a chance Place an order to Buy Jan Futures @ 6335 & below with tight stop 6319. Target Open.

Dont carry if mkt breaks below 6280.

Regards,
Gautham Shashangan

shashangan · Posted: Thu Dec 26, 2013 2:48 pm Post subject:

6265 for Dec. Rest all levels will act for current futures - i.e, stops & targets.

Regards
Gautham Shashangan

shashangan · Posted: Fri Dec 27, 2013 10:59 am Post subject:

If long Intra day Players can place an order to partially book their profit from 6372 -76 NF for now.

There is possibility for mkt to hold here for some time. You may get between 6345-40 area, I think.

Regards,
Gautham Shashangan

shashangan · Posted: Fri Dec 27, 2013 2:21 pm Post subject:

Just having a small feeling, posting it anyway.

Stay thin with your longs or book it & you can take the entry again on Monday watching the Mkt. I just having a small feeling, will the mkt come to 6240 (Jan) just to confuse & trap the Longs again.

It's a small possibility so just a caution.

Shall confirm it, if it gets little more clear. I am still overall bullish.

Good Luck
Gautham Shashangan

manojkr78 · Green Belt Joined: 07 Mar 2011 Posts: 1014

shashangan · Posted: Mon Dec 30, 2013 6:28 pm Post subject:

Start Reducing or covering shorts between 6315-10 region & Watch NF from 6299-6294. If the mkt slows down here, mostly there could be buying from these levels.

Taking a guess, if I am not wrong 1st half high may be 6342-45 max for NF, followed by sideways to down move till noon. 2nd half post 1.30 pm they should slowly start taking it up to close it higher, being the month & year end.

Play Minimum. Play cautiously. Shall update if I am watching mkt & If I find some exact entry points.

Good Luck
Gautham Shashangan

shashangan · Posted: Tue Dec 31, 2013 1:22 pm Post subject:

Mkt opened a bit higher than I expected, but anyway has been sideways & holding.

If it holds & sees buying around NF 6344-40 region, we can expect a move to min 6368-70 region & then see how it behaves there.

Immediate Intra day stops below 6335. Below 6329 will slow down the bull for today. A dip below 6320 would bring more intra day sellers.

Regards,
Gautham Shashangan

shashangan · Posted: Wed Jan 01, 2014 9:21 am Post subject:

Forget the past. A chance for a new beginning is today. Wishing all of you a wonderful New year ahead.

I think there is still a possibility of mkt coming down near 6300.

Start Reducing or covering shorts between 6315-10 region & Watch NF from 6299-6294. If the mkt slows down here, mostly there could be buying from these levels.

Shall update If I am watching.

Regards,
Gautham Shashangan

manojkr78 · Green Belt Joined: 07 Mar 2011 Posts: 1014

Shashangan,
Happy New Year.....

ritapandit25 · Black Belt Joined: 04 May 2013 Posts: 2926

manojkr78 · Green Belt Joined: 07 Mar 2011 Posts: 1014

any intraday levels for short....

shashangan · Posted: Wed Jan 01, 2014 1:14 pm Post subject:

Thank you for your wishes Manoj. A very Happy New year to you as well. Hope this year bring you fortunes.

Busy with New year activities.

Short 6365-70 NF tight stop 6393. Min Tgt 6335. Possible 6320 & below. Not able to check thoroughly & very dull movements. Play with stop or stay aside.

Regards,
Gautham Shashangan