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Nifty View - April 2013 |
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #421 Posted: Fri Apr 12, 2013 1:32 pm Post subject: |
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chandrujimrc wrote: | Dear vinay, mkt 80 points down but India VIX flat? |
chandru, vix made a high about 17.26 since nifty opened gap down. It is falling since then and cmp is about 16.89. But pcr was up at 0.93 eod yesterday as compared to 0.88/0.83 in last two days. Hence the big fall. If vix and pcr fall intraday, I feel nifty will recover from here as it has already gone over 90 below yesterday's high. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #422 Posted: Fri Apr 12, 2013 1:41 pm Post subject: |
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vinay28 wrote: | apka, Infy May at discount to Infy April - indicating further fall in Infosys.
But I am long and I added a bit more now. I won't rule out 5605NF today but 5575NF looks more likely. NS must close above 5551 today, preferably much more. for today 5494 is SL I feel. |
yes me too watching that level. spot bounced there today (showing as low) which was previous lowest close level (9/4/2013).
yesterday calls had shedded in good numbers 10 lakh shares each in 5700ce and 5800ce. today 5600ce has added back 15 lakh shares for now and puts are shedding OI. there is no clarity still. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #423 Posted: Fri Apr 12, 2013 1:47 pm Post subject: |
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apka wrote: | vinay28 wrote: | apka, Infy May at discount to Infy April - indicating further fall in Infosys.
But I am long and I added a bit more now. I won't rule out 5605NF today but 5575NF looks more likely. NS must close above 5551 today, preferably much more. for today 5494 is SL I feel. |
yes me too watching that level. spot bounced there today (showing as low) which was previous lowest close level (9/4/2013).
yesterday calls had shedded in good numbers 10 lakh shares each in 5700ce and 5800ce. today 5600ce has added back 15 lakh shares for now and puts are shedding OI. there is no clarity still. |
it bounced the moment I posted. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #424 Posted: Fri Apr 12, 2013 2:16 pm Post subject: |
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vinay28 wrote: | chandrujimrc wrote: | Dear vinay, mkt 80 points down but India VIX flat? |
chandru, vix made a high about 17.26 since nifty opened gap down. It is falling since then and cmp is about 16.89. But pcr was up at 0.93 eod yesterday as compared to 0.88/0.83 in last two days. Hence the big fall. If vix and pcr fall intraday, I feel nifty will recover from here as it has already gone over 90 below yesterday's high. |
vix new low 16.40 |
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chandrujimrc Brown Belt
Joined: 21 Apr 2009 Posts: 1683
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Post: #425 Posted: Fri Apr 12, 2013 2:26 pm Post subject: |
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Thank you vinay. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #426 Posted: Fri Apr 12, 2013 2:33 pm Post subject: |
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vinay28 wrote: | vix new low 16.40 |
vinay, this is the only thing that's a bit of bother to me for continuing upside ahead even as per your long term daily chart. VIX has risen to complete it's chart setup yet... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #427 Posted: Fri Apr 12, 2013 2:43 pm Post subject: |
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apka wrote: | vinay28 wrote: | vix new low 16.40 |
vinay, this is the only thing that's a bit of bother to me for continuing upside ahead even as per your long term daily chart. VIX has risen to complete it's chart setup yet... |
which one? the one with +WW? as long as 17.84 is not broken, I feel no need to worry. However, it is in an uptrend. Note that nifty CAN go up with increasing vix in initial stages, often upto 20. It's just that intraday moves are violent and hence best to go by "daily close" based SLs.
It made another low of 16.33 and is falling. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #428 Posted: Fri Apr 12, 2013 2:47 pm Post subject: |
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vinay28 wrote: | apka wrote: | vinay28 wrote: | vix new low 16.40 |
vinay, this is the only thing that's a bit of bother to me for continuing upside ahead even as per your long term daily chart. VIX has risen to complete it's chart setup yet... |
which one? the one with +WW? as long as 17.84 is not broken, I feel no need to worry. However, it is in an uptrend. Note that nifty CAN go up with increasing vix in initial stages, often upto 20. It's just that intraday moves are violent and hence best to go by "daily close" based SLs.
It made another low of 16.33 and is falling. |
ok. gotcha.
typo: i meant VIX hasn't |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #429 Posted: Fri Apr 12, 2013 2:49 pm Post subject: |
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the damn typos always happen in the words where meanings can change |
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skd2012 Yellow Belt
Joined: 03 Oct 2012 Posts: 948
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Post: #430 Posted: Fri Apr 12, 2013 2:50 pm Post subject: |
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When NF tried to go up for a few days....global markets has started showing red and again CE is adding OI today....someday it will do surprise short vering ......it may not be today... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #431 Posted: Fri Apr 12, 2013 2:52 pm Post subject: |
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apka wrote: | the damn typos always happen in the words where meanings can change |
It was infy which pushed nifty down and vix too rose and can go to 16.80 before hopefully reacting. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #432 Posted: Fri Apr 12, 2013 3:00 pm Post subject: |
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vinay28 wrote: | apka wrote: | the damn typos always happen in the words where meanings can change |
It was infy which pushed nifty down and vix too rose and can go to 16.80 before hopefully reacting. |
CNX IT now -840 points... -12% .. this is just .. its a slap in the face of INFY being a investors stock. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #433 Posted: Fri Apr 12, 2013 3:05 pm Post subject: |
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apka wrote: | vinay28 wrote: | apka wrote: | the damn typos always happen in the words where meanings can change |
It was infy which pushed nifty down and vix too rose and can go to 16.80 before hopefully reacting. |
CNX IT now -840 points... -12% .. this is just .. its a slap in the face of INFY being a investors stock. |
I had posted a year ago that it was shibulal who looks useless as a leader to me and should be sacked. Their credibility is at rock bottom. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #434 Posted: Fri Apr 12, 2013 3:14 pm Post subject: |
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vinay28 wrote: | apka wrote: | CNX IT now -840 points... -12% .. this is just .. its a slap in the face of INFY being a investors stock. |
I had posted a year ago that it was shibulal who looks useless as a leader to me and should be sacked. Their credibility is at rock bottom. |
exactly what i wanted to discuss.
its been top stock and company for years so its salvaging these brutal falls somehow. any other stock would have become penny by now.
but how many more such quarters can it keep surviving? already its become dull to trade inbetween quarters unlike earlier as if regular trading in it has lost the charm.. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #435 Posted: Fri Apr 12, 2013 3:18 pm Post subject: |
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daily and weekly candles could be doji and/or inverted hammer |
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