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Nifty Analysis
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Author Nifty Analysis
vinay28
Black Belt
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Joined: 24 Dec 2010
Posts: 11748

Post: #1861   PostPosted: Thu Jan 23, 2014 2:29 pm    Post subject: Reply with quote

shashangan wrote:
Vinay, 6330 should be ok, but never know sharp dips can take out sometimes. for small traders it's better you book profit @ 6361 & if you get a correction near or below 6340 pick it up. Let me see if it will correct. So wait for the buy & the 6321 may be more appropriate. For multiple lots 6330 is fine.

Regards,
Gautham Shashangan


I would now raise SL to 5tf close below 6340 since I expect a fall from 6382/89NF, if it goes there, and also a -ve tmrw. Just a suggestion. Sorry, I know it is not as per your strategy.
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shashangan
Green Belt
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Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1862   PostPosted: Thu Jan 23, 2014 2:58 pm    Post subject: Reply with quote

No issues Vinay. I am just selling & buying on even 9-10 points correction when I see. Not able to post so fast with the moves. Holding my resistance level as mentioned yesterday around 6368-72. I will replace one buy again soon as I see any buying interest coming in.

But mkt is up for now. I am expecting again mkt to close at highs. Possibly may go up in last 10 min.s. let's see.

Regards,
Gautham Shashangan
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shashangan
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Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1863   PostPosted: Fri Jan 24, 2014 9:17 am    Post subject: Reply with quote

Buy NF @ 6315 & below with stop 6285. Possible Tgt 6368-70

Regards
Gautham Shashangan
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vinay28
Black Belt
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Joined: 24 Dec 2010
Posts: 11748

Post: #1864   PostPosted: Fri Jan 24, 2014 10:15 am    Post subject: Reply with quote

shashangan wrote:
Buy NF @ 6315 & below with stop 6285. Possible Tgt 6368-70

Regards
Gautham Shashangan


agree with your call gautham but I am nervous today since vix is rising. Therefore, though 6285NF may not be breached or if it is then only by a small margin, I would suggest buying closer to SL e.g. say 6305.
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shashangan
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Joined: 12 Jun 2007
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Location: Bangalore

Post: #1865   PostPosted: Fri Jan 24, 2014 10:21 am    Post subject: Reply with quote

Yes Vinay,

If you want to take a close one, Buy @ 6306-04 with tight stop 6300 or 6292. Aar ya paar.

Regards,
Gautham Shashangan
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shashangan
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Joined: 12 Jun 2007
Posts: 1321
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Post: #1866   PostPosted: Fri Jan 24, 2014 11:55 am    Post subject: Reply with quote

Sorry, mkt just has been opening lower after every higher close. It's ok.

Place an order again to Buy NF @ 6268-65 with stop 6232. Min Tgt 6292-94. Possible 6321-24.

Mkt may try 6257 if extended. Mkt should not go below 6244. I think Mkt should close above 6310 according to me. I wont be surprised if NF tries back 6334-38 region

Mkt may bottom out between 12.50 - 13.05. Hopefully this should work.

Regards
Gautham Shashangan
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vinay28
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Joined: 24 Dec 2010
Posts: 11748

Post: #1867   PostPosted: Fri Jan 24, 2014 12:05 pm    Post subject: Reply with quote

shashangan wrote:
Sorry, mkt just has been opening lower after every higher close. It's ok.

Place an order again to Buy NF @ 6268-65 with stop 6232. Min Tgt 6292-94. Possible 6321-24.

Mkt may try 6257 if extended. Mkt should not go below 6244. I think Mkt should close above 6310 according to me. I wont be surprised if NF tries back 6334-38 region

Mkt may bottom out between 12.50 - 13.05. Hopefully this should work.

Regards
Gautham Shashangan


my lower level posted 2 days almost ago came. now amen to your call! Smile
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shashangan
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Joined: 12 Jun 2007
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Location: Bangalore

Post: #1868   PostPosted: Fri Jan 24, 2014 2:03 pm    Post subject: Reply with quote

Great Vinay, The mkt was struggling to scale as I had stated.

you can try Buy from 6282-78 Fut. Not sure will get to low again. Decide stops. Tight Stop 6259

Good luck
Gautham Shashangan
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vinay28
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Joined: 24 Dec 2010
Posts: 11748

Post: #1869   PostPosted: Fri Jan 24, 2014 2:06 pm    Post subject: Reply with quote

shashangan wrote:
Great Vinay, The mkt was struggling to scale as I had stated.

you can try Buy from 6285-82 Fut. Not sure will get to low again. Decide stops. Tight Stop 6259

Good luck
Gautham Shashangan


I am already long gautham and hoping nifty will go back to yesterday's close. If wishes were horses! Smile
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shashangan
Green Belt
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Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1870   PostPosted: Fri Jan 24, 2014 2:54 pm    Post subject: Reply with quote

Intra

Rel Ind - Buy 862 & below Tight stop 859. Safe 855

Rel Comm.n - Buy 128.30 & below Tight stop 125.80. Tgt open

Tata Power - Buy 74.60 & below Tight stop 72. Safe 69

Bha Airtel - Buy 309.50 Tight Stop 307.50. Min Tgt 318.50+

Infosys - Buy 3763-61 Stop 3753 . Tgt 3800

Wipro - Buy 571-69 & below Tight stop 567. Tgt optn

Regards,
Gautham Shashangan
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shashangan
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Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1871   PostPosted: Fri Jan 24, 2014 3:19 pm    Post subject: Reply with quote

If mkt does not climb above 6310 NF exit all longs for now.

I am out of town from today evening till 7th of Feb. Shall try & update if I get time.

Until then Happy trading.

Regards,
Gautham Shashangan
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shashangan
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Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1872   PostPosted: Wed Jan 29, 2014 1:51 pm    Post subject: Reply with quote

Busy with lot of training programs. Just got time to have a glance.

6137-33 on lower side & 6155-60 min on the higher side could be the range for the rest of the day.

Stops below 6117.

Good luck & Regards,
Gautham Shashangan
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shashangan
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Post: #1873   PostPosted: Thu Jan 30, 2014 9:25 am    Post subject: Reply with quote

NF may be in the range of 6137-40 on the highs & 6080-75 on the lows.

Mkt should be sideways to down till mid of Feb.

Mkt has possibility to try near or below 6000 overall.

If NF breaks 5980 very strongly & holds down, there can be lot of stops.

Below 5957-55 is very critical, will reverse the trend to medium term bearish.

Regards,
Gautham Shashangan
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shashangan
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Posts: 1321
Location: Bangalore

Post: #1874   PostPosted: Fri Feb 07, 2014 10:28 am    Post subject: Reply with quote

Back after a hectic travel. Still tied up with more travels this month. Got time to watch mkt after long time today.

Place an order to Buy NF 6069-66 with Tight Stop 6056 or safe 6040. Min Tgt 6100+

Regards
Gautham Shashangan
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musicaldelhi
White Belt
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Joined: 17 Nov 2011
Posts: 186

Post: #1875   PostPosted: Fri Feb 07, 2014 10:50 am    Post subject: Reply with quote

shashangan wrote:
Back after a hectic travel. Still tied up with more travels this month. Got time to watch mkt after long time today.

Place an order to Buy NF 6069-66 with Tight Stop 6056 or safe 6040. Min Tgt 6100+

Regards
Gautham Shashangan




thank you so much sir for updating..

already bought from yesterday.. Smile
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