View previous topic :: View next topic |
Author |
Nifty Analysis |
shashangan Green Belt
Joined: 12 Jun 2007 Posts: 1321 Location: Bangalore
|
Post: #316 Posted: Fri Dec 07, 2012 12:56 pm Post subject: |
|
|
Right now I dont have time to pull out all the history & analyse everything, I shall do it post the close & over the weekend.
For now I thought let me caution, in case I am right.
So just stick to your views. I have not confirmed a bear trend yet, because it's not clear to me as well.
Thanks
Gautham Shashangan |
|
Back to top |
|
|
|
|
shashangan Green Belt
Joined: 12 Jun 2007 Posts: 1321 Location: Bangalore
|
Post: #317 Posted: Fri Dec 07, 2012 12:58 pm Post subject: |
|
|
Just getting one small confirmation. No wild up moves. Dec will not go beyond 5990 according to me. I will short again @ 5979-81. I have call buys to protect my shorts. But Stops remain at 6003 for others.
Gautham Shashangan
Last edited by shashangan on Fri Dec 07, 2012 1:06 pm; edited 2 times in total |
|
Back to top |
|
|
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #318 Posted: Fri Dec 07, 2012 1:01 pm Post subject: |
|
|
my worst case SL is 6015.10 |
|
Back to top |
|
|
shashangan Green Belt
Joined: 12 Jun 2007 Posts: 1321 Location: Bangalore
|
Post: #319 Posted: Fri Dec 07, 2012 1:08 pm Post subject: |
|
|
NO wild up moves is what i meant, not NOW
Gautham Shashangan |
|
Back to top |
|
|
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #320 Posted: Fri Dec 07, 2012 1:17 pm Post subject: |
|
|
vinay28 wrote: | true. for me post 1.30 pm is crucial. if it falls good before that, it may go up. |
I hope I go right, now onwards. |
|
Back to top |
|
|
shashangan Green Belt
Joined: 12 Jun 2007 Posts: 1321 Location: Bangalore
|
Post: #321 Posted: Fri Dec 07, 2012 1:22 pm Post subject: |
|
|
Looks already topped. I dont know if it will go back to highs. let's see
Stepping out for a while. Catch you guys later
Good luck
Gautham Shashangan
vinay28 wrote: | vinay28 wrote: | true. for me post 1.30 pm is crucial. if it falls good before that, it may go up. |
I hope I go right, now onwards. |
|
|
Back to top |
|
|
SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
|
Post: #322 Posted: Fri Dec 07, 2012 1:30 pm Post subject: |
|
|
vinay28 wrote: | vinay28 wrote: | true. for me post 1.30 pm is crucial. if it falls good before that, it may go up. |
I hope I go right, now onwards. |
This may be a good call, trap the bears again. |
|
Back to top |
|
|
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
|
Post: #323 Posted: Fri Dec 07, 2012 1:40 pm Post subject: |
|
|
vinay28 wrote: | vinay28 wrote: | true. for me post 1.30 pm is crucial. if it falls good before that, it may go up. |
I hope I go right, now onwards. |
this fall didnt make sense after crossing 5945 .. till 5905.. |
|
Back to top |
|
|
rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
|
Post: #324 Posted: Fri Dec 07, 2012 1:41 pm Post subject: |
|
|
taxmann50 wrote: | vinay28 wrote: | vinay28 wrote: | true. for me post 1.30 pm is crucial. if it falls good before that, it may go up. |
I hope I go right, now onwards. |
This may be a good call, trap the bears again. |
Trap must be more deep.No bear is going to get caught for this miniscule down move. |
|
Back to top |
|
|
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #325 Posted: Fri Dec 07, 2012 1:46 pm Post subject: |
|
|
apka, why doesn't the fall make sense. it's still higher high and low.
rk is right. too small a fall to trap bears except ignorant like me. |
|
Back to top |
|
|
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
|
Post: #326 Posted: Fri Dec 07, 2012 1:48 pm Post subject: |
|
|
vinay28 wrote: | apka, why doesn't the fall make sense. it's still higher high and low.
rk is right. too small a fall to trap bears except ignorant like me. |
5945 just breached by 5 points and retreated back... so maybe some longs exiting position. calls are still runing up fast. |
|
Back to top |
|
|
shashangan Green Belt
Joined: 12 Jun 2007 Posts: 1321 Location: Bangalore
|
Post: #327 Posted: Fri Dec 07, 2012 1:50 pm Post subject: |
|
|
Good
NF Shorts can place an order to partially cover at 5937-34. People who dont wanna risk also can exit around here.
Mkt still in consolidation for another half an hour around here. IF there is a up move it can try up from around 5935. We need to watch around 1430hrs.
Gautham Shashangan
Last edited by shashangan on Fri Dec 07, 2012 1:58 pm; edited 2 times in total |
|
Back to top |
|
|
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #328 Posted: Fri Dec 07, 2012 1:50 pm Post subject: |
|
|
premium play going on right now e.g. NS/NF candles are 5/10 high. |
|
Back to top |
|
|
SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
|
Post: #329 Posted: Fri Dec 07, 2012 1:51 pm Post subject: |
|
|
apka wrote: | vinay28 wrote: | apka, why doesn't the fall make sense. it's still higher high and low.
rk is right. too small a fall to trap bears except ignorant like me. |
5945 just breached by 5 points and retreated back... so maybe some longs exiting position. calls are still runing up fast. |
I agree with that, |
|
Back to top |
|
|
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #330 Posted: Fri Dec 07, 2012 1:57 pm Post subject: |
|
|
I feel we should see an upmove now |
|
Back to top |
|
|
|