| View previous topic :: View next topic |
| Author |
Nifty View - April 2013 |
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
Post: #286  Posted: Tue Apr 09, 2013 3:48 pm Post subject: |
 |
|
| vinay28 wrote: | | Likely boundries by 12th April. The lower level is about 5300. |
This chart was posted on 6th April. Looks like somewhere around 5300 may really come by Friday |
|
| Back to top |
|
 |
|
|
|
skd2012
Yellow Belt
Joined: 03 Oct 2012
Posts: 948
|
| Post: #287 Posted: Tue Apr 09, 2013 3:51 pm Post subject: |
|
|
| It is difficult to tell where market will open tomorrow...if open 20 points up , then we can visit 5560-70 NF once tomorrow. If gap down, then we will have to recalculate things. |
|
| Back to top |
|
|
dhavalparag
White Belt
Joined: 01 Nov 2008
Posts: 28
|
| Post: #288 Posted: Tue Apr 09, 2013 3:58 pm Post subject: |
|
|
Dear ALL,
IF NIFTY close below 5481 for two days than next level shall be 5281-5250.
Otherwise , it can go to 5800. |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #289 Posted: Tue Apr 09, 2013 4:00 pm Post subject: Re: apka |
|
|
| RAJDESAI1967 wrote: | | if vix goes to 20-22 mkt has to move down furtherr- correct? |
in the current scenario yeh |
|
| Back to top |
|
|
masa
White Belt
Joined: 06 Jan 2007
Posts: 162
|
| Post: #290 Posted: Tue Apr 09, 2013 5:06 pm Post subject: |
|
|
| Nifty Update |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #291 Posted: Tue Apr 09, 2013 5:13 pm Post subject: |
|
|
Breaking below Nov'12 low is scary. Acording to Neowave theory, it will start a 13 month bear phase now.   |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #292 Posted: Tue Apr 09, 2013 8:59 pm Post subject: |
|
|
Though doesn't look likely as I write, if it opens up with a big gap of about 80-90, best to cover shorts and go long. If it happens, a sharp V shaped recovery is not ruled out, every animal on earth being bearish about India. 
Last edited by vinay28 on Tue Apr 09, 2013 9:01 pm; edited 1 time in total |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #293 Posted: Tue Apr 09, 2013 9:00 pm Post subject: |
|
|
| apka wrote: | DII have been accumulating since 4-5 days. After long several weeks of selling and after we are 600 points down from our recent high.
Its my observation that when this happens bottom is near. One of these days if we see sell off, volitility in price action and EOD DII buying in good numbers.. i think that will be the bottom. |
Vinay I hope there those theories also have a record of failing once in a while. Because just what I was watching for has happened today.
Dates DII FII
2/4/2013 +205Cr -45Cr
3/4/2013 +37Cr -368Cr
4/4/2013 +64Cr -326Cr
5/4/2013 +21Cr -203Cr
8/4/2013 +212Cr -163Cr
9/4/2013 +987Cr -664Cr
I think we are going to bottom out somewhere near and incase of a consolidation go maximum down to 5280. But for first time 5440-5450 should give a sharp bounce back. Lets see. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #294 Posted: Tue Apr 09, 2013 9:04 pm Post subject: |
|
|
| vinay28 wrote: | | Though doesn't look likely as I write, if it opens up with a big gap of about 80-90, best to cover shorts and go long. If it happens, a sharp V shaped recovery is not ruled out, every animal on earth being bearish about India. |
Apka, based on capitulation index theory posted a few days ago, tentative target is 5432. But if above happens tmrw, even that may not come. |
|
| Back to top |
|
|
skd2012
Yellow Belt
Joined: 03 Oct 2012
Posts: 948
|
| Post: #295 Posted: Tue Apr 09, 2013 9:07 pm Post subject: |
|
|
| Infy result will have big impact. It can move 2-3% on that day. Tomorrow 20 points up open can push NF to 5570 around. Fingers crossed. It can be a dog's day. |
|
| Back to top |
|
|
skd2012
Yellow Belt
Joined: 03 Oct 2012
Posts: 948
|
| Post: #296 Posted: Tue Apr 09, 2013 9:21 pm Post subject: |
|
|
| vinay28 wrote: | | Breaking below Nov'12 low is scary. Acording to Neowave theory, it will start a 13 month bear phase now. |
May be we are already in a 13-17 months down cycle. But it does not mean we can not pull back now. It will not be one way down crash like a bull market top i feel. It may move up and come down later. Just a thought. Let's see infy result is a big thing to follow. |
|
| Back to top |
|
|
chandrujimrc
Brown Belt
Joined: 21 Apr 2009
Posts: 1683
|
| Post: #297 Posted: Tue Apr 09, 2013 9:37 pm Post subject: |
|
|
| Now every one is talking about 5300,5200 even 4800 but momentum indicator for all the nifty counters including Nifty showing up,so shorters be ready to keep your S/L. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #298 Posted: Wed Apr 10, 2013 9:24 am Post subject: |
|
|
| If NS closes above 5536 today then next level 5625. |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #299 Posted: Wed Apr 10, 2013 9:40 am Post subject: |
|
|
| i hope 5450 zone comes for nifty and 1920 for sbin so there is no chance left for downside in between |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #300 Posted: Wed Apr 10, 2013 10:27 am Post subject: |
|
|
5448 is a crucial level but for that 5480 should come first, right?  |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
