|
|
| View previous topic :: View next topic |
| Author |
Nifty View - April '15 Series |
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
Post: #106  Posted: Mon Apr 27, 2015 12:48 pm Post subject: |
 |
|
| chandrujimrc wrote: | Dear Vinay,
I think mkt will reverse at 200 Ema which is also the point 5 of EOD +WW for big rally with Divrg of RSI at 30. |
chandru, point 5 (about 8150 if happens today) is below 200 ema (about 8186) and in a very critical zone. Based on my finding over many years, if it even touches 8116, we will see more fall, albeit may be after a recovery of 300-500. But even if it breaches 8140, same may still happen. Today's low was 8221, very close to 8230 I posted yesterday. see charts posted yesterday. Keeping fingers crossed.
Note that monthly AT BO target of min 9240 was not reached. As of now, nifty is behaving like it did from Nov'13 to feb'14.
Last edited by vinay28 on Thu Apr 30, 2015 7:08 pm; edited 1 time in total |
|
| Back to top |
|
 |
|
| |
NU2013
White Belt
Joined: 18 Jul 2013
Posts: 104
|
| Post: #107 Posted: Mon Apr 27, 2015 2:20 pm Post subject: |
|
|
| vinay28 wrote: | | chandrujimrc wrote: | Dear Vinay,
I think mkt will reverse at 200 Ema which is also the point 5 of EOD +WW for big rally with Divrg of RSI at 30. |
chandru, point 5 (about 8150 if happens today) is below 200 ema (about 8186) and in a very critical zone. Based on my finding over many years, if it even touches 8115, we will see more fall, albeit may be after a recovery of 300-500. But even if it breaches 8140, same may still happen. Today's low was 8221, very close to 8230 I posted yesterday. see charts posted yesterday. Keeping fingers crossed.
Note that monthly AT BO target of min 9240 was not reached. As of now, nifty is behaving like it did from Nov'13 to feb'14. |
time to go long, although cautiously??  |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #108 Posted: Mon Apr 27, 2015 7:13 pm Post subject: |
|
|
This is just a personal view and neither a recommendation nor a tip nor an advice for any trade.
Nifty for Tuesday (28/04/15) and beyond
Supports are at about 8179, 8165, 8118 and 8052 while resistances are at about 8251, 8299, 8383, 8400 and 8421. 200 dma is at about 8263 while an unfilled gap on lower side is at about 8102. Five +WWs can give about 8295 (if above 8219), 8372 (if above 8204), 8399 (if above 8233), 8548 (if above 8277) and 8960 (if above 8150, which is yet to be reached) (+WWs with higher targets are not mentioned as of now). (-WWs with lower targets are not mentioned as of now). Two HnS can give about 7830/7730 if nifty sustains below 8340/8150.
Nifty fell sharply again and closed just above 8200 and continues to bearish. However, there is a +ve div on daily and is oversold and we may see a reversal. A monthly close below 8282 will mean more fall while a close above 8484 may give some hope to bulls. Global and local eco-political events can have a bearing on how nifty moves in short term. Trade carefully as it is an expiry week. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #109 Posted: Tue Apr 28, 2015 10:54 am Post subject: |
|
|
| as of now it has taken support from second TL from top in the chart posted earlier and posted again here without updating. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #110 Posted: Tue Apr 28, 2015 10:56 am Post subject: |
|
|
| Updated NF levels as of 28 Apr. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #111 Posted: Tue Apr 28, 2015 8:21 pm Post subject: |
|
|
This is just a personal view and neither a recommendation nor a tip nor an advice for any trade.
Nifty for Wednesday (29/04/15) and beyond
Supports are at about 8259, 8211, 8179 and 8136 while resistances are at about 8335, 8383, 8400 and 8439. 200 dma is at about 8264 while an unfilled gap on lower side is at about 8102. Seven +WWs can give about 8359/75 (if above 8185), 8378/8400 (if above 8262), 8525 (if above 8225), 8566 (if above 8273) and 8772 (if above 8316) (+WWs with higher targets are not mentioned as of now). (-WWs with lower targets are not mentioned as of now). Two HnS can give about 7830/7730 if nifty sustains below 8340/8150.
Nifty rose sharply after making a new low and closed just below 8300 but above 200 dma. The +ve div on daily continues and we may see a further rise. A monthly close below 8282 will mean more fall while a close above 8491 may give some hope to bulls. Global and local eco-political events can have a bearing on how nifty moves in short term. Trade carefully as it is an expiry week. |
|
| Back to top |
|
|
NU2013
White Belt
Joined: 18 Jul 2013
Posts: 104
|
| Post: #112 Posted: Wed Apr 29, 2015 9:38 am Post subject: |
|
|
| vinay28 wrote: | This is just a personal view and neither a recommendation nor a tip nor an advice for any trade.
Nifty for Wednesday (29/04/15) and beyond
Supports are at about 8259, 8211, 8179 and 8136 while resistances are at about 8335, 8383, 8400 and 8439. 200 dma is at about 8264 while an unfilled gap on lower side is at about 8102. Seven +WWs can give about 8359/75 (if above 8185), 8378/8400 (if above 8262), 8525 (if above 8225), 8566 (if above 8273) and 8772 (if above 8316) (+WWs with higher targets are not mentioned as of now). (-WWs with lower targets are not mentioned as of now). Two HnS can give about 7830/7730 if nifty sustains below 8340/8150.
Nifty rose sharply after making a new low and closed just below 8300 but above 200 dma. The +ve div on daily continues and we may see a further rise. A monthly close below 8282 will mean more fall while a close above 8491 may give some hope to bulls. Global and local eco-political events can have a bearing on how nifty moves in short term. Trade carefully as it is an expiry week. |
NF open and low are the same today!!
Does it indicate strength?? What is the expiry target you are looking for?? |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #113 Posted: Wed Apr 29, 2015 9:56 am Post subject: |
|
|
| NU2013 wrote: | NF open and low are the same today!!
Does it indicate strength?? What is the expiry target you are looking for?? |
yes it does but it was a freak low without discount of 30. likely higher targets are 8313/53NF, SL 8226. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #114 Posted: Wed Apr 29, 2015 9:57 am Post subject: |
|
|
| gamble trade for expiry is 8400ce |
|
| Back to top |
|
|
pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
|
| Post: #115 Posted: Wed Apr 29, 2015 11:36 am Post subject: Modi party over? |
|
|
Vinay: Is the Modi party over. Is the market headed for hangover effect of excess N-ia$%a-M injections? Companies (quite a few) are actually reporting qrtly results worse than before, when they were expected to perk up. West Europe is back to square one. Russia has kept the entire Eastern Europe bloc unsettled with Putin tantrums. Day by day, China sinking deeper into a hole dug by excess looting by Commie Party/ Army/ Prince-lings [similar to India story: of course here Prince-lings like Vadodra have company from "private enterprise", looters like Vijay Mallaria!]
With USA looking better and better due to shale oil, will the FIIs simply withdraw large amounts and head back?
NF back to 7000/ 6000?
Your take?
Prakash Holla |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #116 Posted: Wed Apr 29, 2015 11:45 am Post subject: Re: Modi party over? |
|
|
| pkholla wrote: | Vinay: Is the Modi party over. Is the market headed for hangover effect of excess N-ia$%a-M injections? Companies (quite a few) are actually reporting qrtly results worse than before, when they were expected to perk up. West Europe is back to square one. Russia has kept the entire Eastern Europe bloc unsettled with Putin tantrums. Day by day, China sinking deeper into a hole dug by excess looting by Commie Party/ Army/ Prince-lings [similar to India story: of course here Prince-lings like Vadodra have company from "private enterprise", looters like Vijay Mallaria!]
With USA looking better and better due to shale oil, will the FIIs simply withdraw large amounts and head back?
NF back to 7000/ 6000?
Your take?
Prakash Holla |
Prakash, see my reply to manoj a few days back. yes, now it looks like some rally and another fall to 8000-7800-7600. It may take 2-3 weeks/months to stabilise. Unless of course if we see a new high again, which looks unlikely as of now. But Raghu may spring a surprise 100 bps rate cut. |
|
| Back to top |
|
|
NU2013
White Belt
Joined: 18 Jul 2013
Posts: 104
|
| Post: #117 Posted: Wed Apr 29, 2015 12:32 pm Post subject: Re: Modi party over? |
|
|
| vinay28 wrote: | | pkholla wrote: | Vinay: Is the Modi party over. Is the market headed for hangover effect of excess N-ia$%a-M injections? Companies (quite a few) are actually reporting qrtly results worse than before, when they were expected to perk up. West Europe is back to square one. Russia has kept the entire Eastern Europe bloc unsettled with Putin tantrums. Day by day, China sinking deeper into a hole dug by excess looting by Commie Party/ Army/ Prince-lings [similar to India story: of course here Prince-lings like Vadodra have company from "private enterprise", looters like Vijay Mallaria!]
With USA looking better and better due to shale oil, will the FIIs simply withdraw large amounts and head back?
NF back to 7000/ 6000?
Your take?
Prakash Holla |
Prakash, see my reply to manoj a few days back. yes, now it looks like some rally and another fall to 8000-7800-7600. It may take 2-3 weeks/months to stabilise. Unless of course if we see a new high again, which looks unlikely as of now. But Raghu may spring a surprise 100 bps rate cut. |
Banking on Raghu!!  |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #118 Posted: Wed Apr 29, 2015 1:07 pm Post subject: |
|
|
NU, you always speak too soon.  |
|
| Back to top |
|
|
pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
|
| Post: #119 Posted: Wed Apr 29, 2015 1:10 pm Post subject: Re: Modi party over? |
|
|
| vinay28 wrote: | | pkholla wrote: | Vinay: Is the Modi party over.
NF back to 7000/ 6000? Your take? Prakash Holla |
Prakash, see my reply to manoj a few days back. yes, now it looks like some rally and another fall to 8000-7800-7600. It may take 2-3 weeks/months to stabilise. Unless of course if we see a new high again, which looks unlikely as of now. But Raghu may spring a surprise 100 bps rate cut. |
Vinay, thank you,
Yes, lets keep our fingers crossed for Raghu's Amrutanjan Balm! Or is it Mooov? Prakash Holla |
|
| Back to top |
|
|
NU2013
White Belt
Joined: 18 Jul 2013
Posts: 104
|
| Post: #120 Posted: Wed Apr 29, 2015 1:14 pm Post subject: |
|
|
| vinay28 wrote: | | NU, you always speak too soon. |
as they say, it is impossible to time it!!  |
|
| Back to top |
|
|
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You cannot attach files in this forum
You cannot download files in this forum
|
Powered by phpBB © 2001, 2005 phpBB Group
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
