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Nifty View - August Series 2013 |
vinay28
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Joined: 24 Dec 2010
Posts: 11748
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Post: #511  Posted: Wed Aug 21, 2013 6:27 pm Post subject: |
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| rk_a2003 wrote: | | I couldn't see any +ve div but hidden div.Your observation Master Vinay! |
no hidden div, rk. +ve div on all indicators upto 60tf while on daily only sts and cci show +ve div. Incidentally +ve div takes time to give results.
Interesting are the indicators AD and BOP on daily. Just see.
I feel we may see a gap up open tmrw again and this time may not break 5300. |
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apka
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Joined: 13 Dec 2011
Posts: 6137
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| Post: #512 Posted: Wed Aug 21, 2013 7:34 pm Post subject: |
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| Value of CNX Defty has gone below Dec 2011 lows when nifty was near 4600. |
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vinay28
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Joined: 24 Dec 2010
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| Post: #513 Posted: Wed Aug 21, 2013 7:55 pm Post subject: |
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| Have a look a this. |
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pkholla
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Joined: 04 Nov 2010
Posts: 2890
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| Post: #514 Posted: Wed Aug 21, 2013 7:56 pm Post subject: |
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| rk_a2003 wrote: | | apka wrote: | | amitagg wrote: | | ...jackson hole heard not damaging.. |
i think so. |
Today's move of Rupee and Index is a big jolt for a short term recovery.It seems that there is only one way for Nifty as of now |
Amit: RK is right as usual. The USA Jackson Hole chitchat does not concern us nor is it about us.
We are facing BLACK HOLE OF UPA INCOMPETENCE/ STUPIDITY/ BLIND LOYALTY
Q. is when will escaped Mental Hospital patients call an ALL PARTY EMERGENCY MEETING+RBI Chief+Rajan+industry elite (Deveshwar/ Tata/ senior Mistry/ south magnates) to best tackle the issue |
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vinay28
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Joined: 24 Dec 2010
Posts: 11748
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| Post: #515 Posted: Wed Aug 21, 2013 8:00 pm Post subject: |
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| pkholla wrote: | Amit: RK is right as usual. The USA Jackson Hole chitchat does not concern us nor is it about us.
We are facing BLACK HOLE OF UPA INCOMPETENCE/ STUPIDITY/ BLIND LOYALTY
Q. is when will escaped Mental Hospital patients call an ALL PARTY EMERGENCY MEETING+RBI Chief+Rajan+industry elite (Deveshwar/ Tata/ senior Mistry/ south magnates) to best tackle the issue |
contrary to your belief, I believe that jacksons hole will affect us.......possibly big time. |
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amexhui
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Joined: 26 May 2009
Posts: 45
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| Post: #516 Posted: Wed Aug 21, 2013 8:14 pm Post subject: |
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| vinay28 wrote: |
contrary to your belief, I believe that jacksons hole will affect us.......possibly big time. |
With Bernanke and his deputy Janet Yellen not attending the Jackson Hole summit, it is a mere academic importance IMO. On the contrary, the fed minutes out today may be significant |
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vinay28
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| Post: #517 Posted: Wed Aug 21, 2013 8:16 pm Post subject: |
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| amexhui wrote: | | vinay28 wrote: |
contrary to your belief, I believe that jacksons hole will affect us.......possibly big time. |
With Bernanke and his deputy Janet Yellen not attending the Jackson Hole summit, it is a mere academic importance IMO. On the contrary, the fed minutes out today may be significant |
yes, that too....indeed. My dirty mind smells a rat since obama is meeting (has already met) bernanke first time after Feb. |
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apka
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Joined: 13 Dec 2011
Posts: 6137
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| Post: #518 Posted: Wed Aug 21, 2013 9:03 pm Post subject: |
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As I read from FNO we will make new low again and go below 5200 within Aug series for following reasons:
(1) Friday after a long time nifty did a -250 red display, and EOD -234. Shorts added 18% to NF.
(2) Today again nifty did a -240 (intraday range). Shorts added 16.5% to NF.
(3) Bank Nifty has shedded OI EOD last 2 sessions while it has touched 5ema weekly level approx and faltered.
(4) NF OI has shooted above 240 lakhs from 150 lakhs OI within 5 sessions.
(5) 5300ce OI has doubled in a single day and so has 5200ce (although OI of 5200ce is very small right now).
(6) DII is buying while FII is selling, but that volatile buying from DII has not yet emerged like we saw the day when nifty made a low at 5477 and then we rallied.
rest dependant on world events whatever there is today / tomorrow including some court cases hearing. |
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vinay28
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| Post: #519 Posted: Wed Aug 21, 2013 9:12 pm Post subject: |
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| apka wrote: | As I read from FNO we will make new low again and go below 5200 within Aug series for following reasons:
(1) Friday after a long time nifty did a -250 red display, and EOD -234. Shorts added 18% to NF.
(2) Today again nifty did a -240 (intraday range). Shorts added 16.5% to NF.
(3) Bank Nifty has shedded OI EOD last 2 sessions while it has touched 5ema weekly level approx and faltered.
(4) NF OI has shooted above 240 lakhs from 150 lakhs OI within 5 sessions.
(5) 5300ce OI has doubled in a single day and so has 5200ce (although OI of 5200ce is very small right now).
(6) DII is buying while FII is selling, but that volatile buying from DII has not yet emerged like we saw the day when nifty made a low at 5477 and then we rallied.
rest dependant on world events whatever there is today / tomorrow including some court cases hearing. |
only if it takes out today's low. then my 5170/80 is always there. There is an unfilled gap at 5238 while monthly support is at 5230.
note that while today's candle is huge bearish engulfing, it can also be called an outside bar if it can be considered to be at the end of a downtrend. In that case it can be a reversal sign. That's why today low should not be taken out. |
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rk_a2003
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Joined: 21 Jan 2010
Posts: 2734
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| Post: #520 Posted: Wed Aug 21, 2013 9:27 pm Post subject: |
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| As of now $ index is moving high hoping for a tapering announcement.If the same trend continues expect a gap up of rupee against $ tomorrow and need not say what happens to Index.How ever there could be a recovery at second half. |
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saurabhkurichh
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Joined: 30 Oct 2006
Posts: 127
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| Post: #521 Posted: Wed Aug 21, 2013 9:31 pm Post subject: |
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| very bad day for the markets indeed and for the country too in terms of INR. Lets see how long this blood bath continues. Also to be seen is whether our government takes any step other than throwing slang at modi and stealing files , protecting its supporters and so on |
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ritapandit25
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Joined: 04 May 2013
Posts: 2926
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| Post: #522 Posted: Wed Aug 21, 2013 9:34 pm Post subject: |
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| vinay28 wrote: | | apka wrote: | As I read from FNO we will make new low again and go below 5200 within Aug series for following reasons:
(1) Friday after a long time nifty did a -250 red display, and EOD -234. Shorts added 18% to NF.
(2) Today again nifty did a -240 (intraday range). Shorts added 16.5% to NF.
(3) Bank Nifty has shedded OI EOD last 2 sessions while it has touched 5ema weekly level approx and faltered.
(4) NF OI has shooted above 240 lakhs from 150 lakhs OI within 5 sessions.
(5) 5300ce OI has doubled in a single day and so has 5200ce (although OI of 5200ce is very small right now).
(6) DII is buying while FII is selling, but that volatile buying from DII has not yet emerged like we saw the day when nifty made a low at 5477 and then we rallied.
rest dependant on world events whatever there is today / tomorrow including some court cases hearing. |
only if it takes out today's low. then my 5170/80 is always there. There is an unfilled gap at 5238 while monthly support is at 5230.
note that while today's candle is huge bearish engulfing, it can also be called an outside bar if it can be considered to be at the end of a downtrend. In that case it can be a reversal sign. That's why today low should not be taken out. |
Vinay,
We are in Big Downtrend.
I am looking Nifty Target 4800 level till October2013.
There is no reversal sign so far. Yes sign for highly bearish.
If Nifty close two days continuously above 5440 then only reversal for Short time.
I have already commented in the month of July that Sensex will below 17500 in the month of Aug-Sept. Sept not yet started & Sensex is below 18000. |
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vinay28
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Joined: 24 Dec 2010
Posts: 11748
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| Post: #523 Posted: Wed Aug 21, 2013 9:38 pm Post subject: |
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| ritapandit25 wrote: | Vinay,
We are in Big Downtrend.
I am looking Nifty Target 4800 level till October2013.
There is no reversal sign so far. Yes sign for highly bearish.
If Nifty close two days continuously above 5440 then only reversal for Short time.
I have already commented in the month of July that Sensex will below 17500 in the month of Aug-Sept. Sept not yet started & Sensex is below 18000. |
rita, I have not understood the context of your post unless you thought I was saying market will go up. I too had posted that time that if 6000 is broken then lower levels will come. It's always a matter of levels being broken on the up or down. I am however open to all possibilities since market is the king. Thanks anyway |
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rk_a2003
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Joined: 21 Jan 2010
Posts: 2734
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| Post: #524 Posted: Thu Aug 22, 2013 6:58 am Post subject: |
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| Oh! SGX Nifty down 80 points at 5231.Will there be a bounce up at least? |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #525 Posted: Thu Aug 22, 2013 8:48 am Post subject: |
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| rk_a2003 wrote: | | Oh! SGX Nifty down 80 points at 5231.Will there be a bounce up at least? |
yeh lo Sgx Nifty Future 5262.00 Down 50.00 Down 0.95% |
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