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Nifty Investments |
acharyams Yellow Belt
Joined: 04 Jul 2010 Posts: 552
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Post: #361 Posted: Sat May 05, 2018 2:34 pm Post subject: |
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apka wrote: | What all you know about it first share then I'll do my reading and share what I think. |
India's solar sector has huge potential and it is one of the best companies of this sector. Besides, it has come down a lot recently. That's why asking |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #362 Posted: Mon May 07, 2018 12:21 pm Post subject: |
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acharyams wrote: | apka wrote: | What all you know about it first share then I'll do my reading and share what I think. |
India's solar sector has huge potential and it is one of the best companies of this sector. Besides, it has come down a lot recently. That's why asking |
I'll come back to you in this week. It's hit UPC 10% today. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #363 Posted: Mon May 07, 2018 1:10 pm Post subject: |
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apka wrote: | VIX being under 12 now is excellent.
Nifty has crossed 10700 today, if it gives a weekly today's close above this level we will see 10800 quickly and maybe 10888.
Banknifty will goto 25850-26000.
PSU banknifty made double bottom yesterday and hopefully this is a reversal. Can't say anything on that right now. It goes up next week also then we should see 3100-3200 in May. |
Nifty 15-20 points shy from 1st trgt, Banknifty high today so far 25840..
Next expecting 10870-890 to hit in Nifty spot.. cmp 10680... and Banknifty 26150-26300. |
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ca.krishna White Belt
Joined: 17 Sep 2013 Posts: 158
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Post: #364 Posted: Wed May 09, 2018 11:21 am Post subject: |
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Hi Apka Ji,
Good call, BN is approaching your target
Thanks |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #365 Posted: Wed May 09, 2018 11:58 am Post subject: |
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26137 spot high so far... 13 point maaf kar dena nahi aaya iss week toh. Within 3-4 days trgt has come.
Next waiting for 26550-600 in May / June series. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #366 Posted: Wed May 09, 2018 6:07 pm Post subject: |
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26200 done... 2nd trgt zone done.
Nifty has closed above 10740 (highest closing in the last few days)... I want a close above 10765 and to cross 10790 figure. We will sureshot see next target zone given by me.
Shorters should be careful. I expect above 10800 CE writers and shorters in futures will be squeezed like lemons and rally could extend to near 10950 levels.
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Disclaimer: Anything posted by me related to the stocks / indices are just my personal views and observations that are open for discussion. They maybe what I have traded, but neither of them are a recommendation nor a tip nor an advice. So if anyone feels enticed, get an opinion from registered SEBI analyst to make your trading decisions.
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #367 Posted: Wed May 09, 2018 6:20 pm Post subject: |
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Someone msgd me asking how to learn techniques in identifying trades. He was impressed by my consistency and wanted to know my method. My reply to him I have posted below if anyone also interested. I won't go into too much details and disclose everything because I have given 1000s of hours to come to this point. But for starters:
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That totally depends on what your method of trading is.
1. First thing is to control panic and fear. Do paper trades to see how your strategy works or not. This way you dont end up losing your capital and in the process make further wrong choices just to recover the amount back.
2. I don't follow any sort of news channels for daily news. Free your mind from multiple views and constant news flashes. And forget there are operators running main indices like Nifty and Banknifty, it is not possible to do so for more than few minutes. This is my own understanding. Whatever is happening is real.
3. Secondly, I not only watch technicals of Nifty, Banknifty but other major indices also like Midcap, PSU Bank Nifty, CNX Pharma, CNX IT, CNX Auto. Apart from that I also watch DOW, HANG SENG, NIKKIE and European markets. I keep the technicals, patterns and past levels and expected levels in mind and trade accordingly. Because of this you will see normally whatever timeframe I give it usually completes the target in that period. I also follow the charts of main heavy weight stocks to see probability of them correcting or going up.
4. Use the data available at www.nseindia.com or whatever is available at icharts (i dont know).. to check % of delivery of stocks taken for each individual stocks you track. Make a note of what is their average on a falling day and same opposite. And increase in % usually means accumulation, so it's a good signal to know that there are more buyers interested and fall may arrest or rise may continue.
There was a period I was watching markets from morning when I woke up to to when I slept, more than 15-16 hours. I have seen crashes, Upper circuits, lower circuits, FII ruling the market, then DII ruling the market. I remember price action on screen from 5 years back also.
So, it's just like any other job, I gave wholesome time to it. |
Quote: | All patterns are important to know. You can start by searching common patterns, indicators for share market. Whatever images and literature you come across read and see whether this is your cup of tea or not.
Some work well for certain stocks and indices while some work on others. Each stock and index is like a personality. They react differently.
One thing you should note, whatever trade goes wrong - don't blame operators, news breakout, etc. Go through your readings and see what went wrong. News based movements are rare, like in OCT 2017 Govt announced infusion of 2 Lakh crores over a period of 2 years (this amount was significant) and a stock like SBIN rallied from 250 -> 350 in a week. This was brand new. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #368 Posted: Thu May 10, 2018 12:36 pm Post subject: |
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Intraday Banknifty spot cmp 26150... SL 25 points or so. Trgt 26230+
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Disclaimer: Anything posted by me related to the stocks / indices are just my personal views and observations that are open for discussion. They maybe what I have traded, but neither of them are a recommendation nor a tip nor an advice. So if anyone feels enticed, get an opinion from registered SEBI analyst to make your trading decisions.
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #369 Posted: Thu May 10, 2018 1:51 pm Post subject: |
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Intraday Canara Bank cmp 253-254... Buy above 254.80... Target 259... SL 252.
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Disclaimer: Anything posted by me related to the stocks / indices are just my personal views and observations that are open for discussion. They maybe what I have traded, but neither of them are a recommendation nor a tip nor an advice. So if anyone feels enticed, get an opinion from registered SEBI analyst to make your trading decisions.
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ca.krishna White Belt
Joined: 17 Sep 2013 Posts: 158
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Post: #370 Posted: Thu May 10, 2018 2:57 pm Post subject: |
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apka wrote: | Intraday Banknifty spot cmp 26150... SL 25 points or so. Trgt 26230+
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Disclaimer: Anything posted by me related to the stocks / indices are just my personal views and observations that are open for discussion. They maybe what I have traded, but neither of them are a recommendation nor a tip nor an advice. So if anyone feels enticed, get an opinion from registered SEBI analyst to make your trading decisions.
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(leave the SL, it varies now a days) |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #371 Posted: Thu May 10, 2018 5:30 pm Post subject: |
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Tomorrow's (weekly) closing is important. Nifty again couldn't cross 10785-90 zone and has formed a double top for the moment. There is a -ww active which should take it to 10666-72. If the weekly close is below 10650 and 10620 breaches then market will slide and 10465 maybe tested which was the previous given weekly closing level above which nifty has remained bullish.
Similarly, for Banknifty 25820-25880 zone forms important weekly support.
Shoppers Stop cmp 561.. small loss right now. Exit if breaches 540.
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Disclaimer: Anything posted by me related to the stocks / indices are just my personal views and observations that are open for discussion. They maybe what I have traded, but neither of them are a recommendation nor a tip nor an advice. So if anyone feels enticed, get an opinion from registered SEBI analyst to make your trading decisions.
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #372 Posted: Fri May 11, 2018 12:52 pm Post subject: |
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BN Fut cmp 26205.... sell for trgt 26120... Exit if crosses 26224... Then it will goto 26280-90.
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Disclaimer: Anything posted by me related to the stocks / indices are just my personal views and observations that are open for discussion. They maybe what I have traded, but neither of them are a recommendation nor a tip nor an advice. So if anyone feels enticed, get an opinion from registered SEBI analyst to make your trading decisions.
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #373 Posted: Fri May 11, 2018 1:11 pm Post subject: |
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apka wrote: | BN Fut cmp 26205.... sell for trgt 26120... Exit if crosses 26224... Then it will goto 26280-90.
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Disclaimer: Anything posted by me related to the stocks / indices are just my personal views and observations that are open for discussion. They maybe what I have traded, but neither of them are a recommendation nor a tip nor an advice. So if anyone feels enticed, get an opinion from registered SEBI analyst to make your trading decisions.
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25139... have kept buy order @ 26128... to close trade |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #374 Posted: Fri May 11, 2018 2:35 pm Post subject: |
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apka wrote: | apka wrote: | BN Fut cmp 26205.... sell for trgt 26120... Exit if crosses 26224... Then it will goto 26280-90.
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25139... have kept buy order @ 26128... to close trade |
short target missed 10-15 points... SL hit so reversed trade as told below.. trgt hit 26290 high.. exited @ 26285.... Net only 40 points gain.
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Disclaimer: Anything posted by me related to the stocks / indices are just my personal views and observations that are open for discussion. They maybe what I have traded, but neither of them are a recommendation nor a tip nor an advice. So if anyone feels enticed, get an opinion from registered SEBI analyst to make your trading decisions.
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #375 Posted: Fri May 11, 2018 2:52 pm Post subject: |
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apka wrote: | apka wrote: | VIX being under 12 now is excellent.
Nifty has crossed 10700 today, if it gives a weekly today's close above this level we will see 10800 quickly and maybe 10888.
Banknifty will goto 25850-26000.
PSU banknifty made double bottom yesterday and hopefully this is a reversal. Can't say anything on that right now. It goes up next week also then we should see 3100-3200 in May. |
Nifty 15-20 points shy from 1st trgt, Banknifty high today so far 25840..
Next expecting 10870-890 to hit in Nifty spot.. cmp 10680... and Banknifty 26150-26300. |
Bought nifty fut @ cmp 10804... spot crossed 10790. |
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