| View previous topic :: View next topic |
| Author |
Nifty View - August Series |
ragarwal
Yellow Belt
Joined: 16 Nov 2008
Posts: 582
|
Post: #211  Posted: Mon Aug 18, 2014 7:53 pm Post subject: |
 |
|
| Excellent call vinay!!! Kudos to you,posting that nifty will make new high in aug when we were at 7550,when no one would have dared give such preposterous targets!"hats off to you!! |
|
| Back to top |
|
 |
|
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #212 Posted: Mon Aug 18, 2014 8:20 pm Post subject: |
|
|
| ragarwal wrote: | | Excellent call vinay!!! Kudos to you,posting that nifty will make new high in aug when we were at 7550,when no one would have dared give such preposterous targets!"hats off to you!! |
thanks a lot rashmi. hope you too made money. as for me, I more than recovered my f&o loss since april. I also made good money in scrips so far in short term trading. hope to make much more. |
|
| Back to top |
|
|
shaheerzaman
White Belt
Joined: 05 Aug 2014
Posts: 93
|
| Post: #213 Posted: Mon Aug 18, 2014 8:24 pm Post subject: |
|
|
| I see a 150-200 points upmove and then a close between 7950-800. Its safer to trade on the long side this week |
|
| Back to top |
|
|
chandrujimrc
Brown Belt
Joined: 21 Apr 2009
Posts: 1683
|
| Post: #214 Posted: Mon Aug 18, 2014 9:14 pm Post subject: |
|
|
| I think tomorrow will be a deciding day for nifty. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #215 Posted: Mon Aug 18, 2014 9:23 pm Post subject: |
|
|
| chandrujimrc wrote: | | I think tomorrow will be a deciding day for nifty. |
IMHO, I doubt it chandru. there still some time for it. |
|
| Back to top |
|
|
chandrujimrc
Brown Belt
Joined: 21 Apr 2009
Posts: 1683
|
| Post: #216 Posted: Mon Aug 18, 2014 9:31 pm Post subject: |
|
|
| Dear vinay,this is the third high with pucca -ve divrg thats why I am reluctant to go long. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #217 Posted: Mon Aug 18, 2014 10:07 pm Post subject: |
|
|
| chandrujimrc wrote: | | Dear vinay,this is the third high with pucca -ve divrg thats why I am reluctant to go long. |
I know chandru, wait till tmrw afternoon for some fall. But a major fall may come later I feel. Higher levels still to come IMHO. see my latest post. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #218 Posted: Mon Aug 18, 2014 10:08 pm Post subject: |
|
|
Nifty for Tuesday (19/08/14)
Supports are at about 7854, 7831, 7814, 7800, 7773 and 7756 while resistances are at about 7880, 7901, 7925, 7944 and 7994. The 10/20 dma are at about 7707/7723 resp. Two +WWs can give about 7894 and 8019 (+WWs with higher targets are not mentioned as of now). Four -WWs can give about 7764 (once below 7835), 7686 (once below 7801), 7666 (once below 7760) and 7635 (once below 7877) (-WWs with much lower targets are not mentioned as of now). A bullish flag can give higher level unless killed below 7840. An IHnS can give about 8030-8200 in case of a BO above about 7888.
Nifty rose sharply to make a new all time high and also close at an all time high and just below 7900. The daily candle is a marubuzo. However, the -ve div on daily still persists and can cause a reaction if RSI does not go above 67.25 as nifty rises further. A close below 7746 can cause further fall. Liquidity is strong and one needs to be careful. We can also see wild intraday swings as nifty keeps making new highs. |
|
| Back to top |
|
|
ragwendra
White Belt
Joined: 12 Oct 2011
Posts: 36
|
| Post: #219 Posted: Mon Aug 18, 2014 10:55 pm Post subject: |
|
|
| chandrujimrc wrote: | | I think tomorrow will be a deciding day for nifty. |
deciding day was today.... but took off top |
|
| Back to top |
|
|
dynamite_munda11
Yellow Belt
Joined: 14 Nov 2010
Posts: 681
|
| Post: #220 Posted: Tue Aug 19, 2014 7:07 am Post subject: Re: nifty |
|
|
[quote="dynamite_munda11"]nifty from low of 7541
7715 is 180 degree and closed above this lvl for 2nd day
above this 7755/7803/7848/7892 as 225/270/315/360 degrees
nifty near 7892 being the 360 degree and above 7892 it can trgt
7922/7936/7981/8011/8026/8071
AB=CD too points to 7960/8030
and move from 5933 too may end near 7925/8030 as 1.536/1.618
5th of WW trgts too point too 7925/8026
Last edited by dynamite_munda11 on Tue Aug 19, 2014 7:15 am; edited 1 time in total |
|
| Back to top |
|
|
dynamite_munda11
Yellow Belt
Joined: 14 Nov 2010
Posts: 681
|
| Post: #221 Posted: Tue Aug 19, 2014 7:13 am Post subject: nifty |
|
|
nifty chart dated 14/08/2014
this could 3.5 or 5th of C running from low of 7541 |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #222 Posted: Tue Aug 19, 2014 7:28 am Post subject: Re: nifty |
|
|
| dynamite_munda11 wrote: | nifty chart dated 14/08/2014
this could 3.5 or 5th of C running from low of 7541 |
I will be carefully watching 7901/28 as mentioned in my post. |
|
| Back to top |
|
|
dynamite_munda11
Yellow Belt
Joined: 14 Nov 2010
Posts: 681
|
| Post: #223 Posted: Tue Aug 19, 2014 8:48 am Post subject: Re: nifty |
|
|
| vinay28 wrote: | | dynamite_munda11 wrote: | nifty chart dated 14/08/2014
this could 3.5 or 5th of C running from low of 7541 |
I will be carefully watching 7901/28 as mentioned in my post. |
yes Vinay ji,
7925 very important lvl and strong resistance zone |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #224 Posted: Tue Aug 19, 2014 9:40 am Post subject: |
|
|
| sold half of 8000ce |
|
| Back to top |
|
|
chandrujimrc
Brown Belt
Joined: 21 Apr 2009
Posts: 1683
|
| Post: #225 Posted: Tue Aug 19, 2014 9:56 am Post subject: |
|
|
| NF in short as per intraday camrilla pivot. |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
