| View previous topic :: View next topic |
| Author |
Nifty View - December '14 Series |
saurabhkurichh
White Belt
Joined: 30 Oct 2006
Posts: 127
|
Post: #181  Posted: Thu Dec 11, 2014 9:57 am Post subject: |
 |
|
| nifty on a slide.. just a couple of red days can make anyone turn from hourly to daily charts for supports |
|
| Back to top |
|
 |
|
|
|
vaishuu82
White Belt
Joined: 04 Sep 2013
Posts: 155
|
| Post: #182 Posted: Thu Dec 11, 2014 11:42 am Post subject: |
|
|
| vaishuu82 wrote: | | Quote: | 8300 pe open high same / 8500 CE open low same
well they are all indicating some upside today... |
|
Exactly Ritesh,even i watched it and entered in 8400ce (70-85);yeah it also works!!!![/quote] | Quote: |
Ritesh,even today it works...8300 ce open high same/8350 pe open low same indicating the limited movement on nifty for the day;
Experts comments pls... |
|
|
| Back to top |
|
|
riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
|
| Post: #183 Posted: Thu Dec 11, 2014 2:06 pm Post subject: |
|
|
| be cautious of this rise... might to be trap people... unless 8300 cE high is broken, and sustained for 5/10 minutes, might come down again.... |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #184 Posted: Thu Dec 11, 2014 2:36 pm Post subject: |
|
|
| vaishuu82 wrote: | | vaishuu82 wrote: | | Quote: | 8300 pe open high same / 8500 CE open low same
well they are all indicating some upside today... |
|
Exactly Ritesh,even i watched it and entered in 8400ce (70-85);yeah it also works!!!! |
| Quote: |
Ritesh,even today it works...8300 ce open high same/8350 pe open low same indicating the limited movement on nifty for the day;
Experts comments pls... |
[/quote]
Does it help in regular trading? Because daily such open high combos are seem in many strikes. |
|
| Back to top |
|
|
riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
|
| Post: #185 Posted: Thu Dec 11, 2014 2:42 pm Post subject: |
|
|
| yes results are almost 7 successfull trades out of 10... worked with me... still if 8300 CE is broken look whether 8500 CE highis broken and sustained or not... that too has open high same... |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #186 Posted: Thu Dec 11, 2014 3:14 pm Post subject: |
|
|
| riteshucha wrote: | | be cautious of this rise... might to be trap people... unless 8300 cE high is broken, and sustained for 5/10 minutes, might come down again.... |
 |
|
| Back to top |
|
|
riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
|
| Post: #187 Posted: Thu Dec 11, 2014 3:33 pm Post subject: |
|
|
 .. happy to help yash..
hoping for a close above 8342 NF, if it does, then tomm needs to cross 8495 for first tgt of 8462...
Last edited by riteshucha on Thu Dec 11, 2014 3:41 pm; edited 1 time in total |
|
| Back to top |
|
|
riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
|
| Post: #188 Posted: Thu Dec 11, 2014 3:39 pm Post subject: Re: hello |
|
|
bappa sir, pls be more partcipative... i would love to track ur numbers and levels too..
| bappa1971 wrote: | | vinay....got that num yesterday we discussed ....enjoyed it... |
|
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #189 Posted: Thu Dec 11, 2014 3:48 pm Post subject: |
|
|
| Updated NF levels. Question is where will it stop? |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #190 Posted: Thu Dec 11, 2014 4:06 pm Post subject: |
|
|
| Likely supports in Dec. That's why I now have a hedge of 8200pe and 8600/8700ce and will keep it "phatetak" till expiry or at least 8050/8650 whichever comes earlier, if they come. |
|
| Back to top |
|
|
riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
|
| Post: #191 Posted: Thu Dec 11, 2014 4:45 pm Post subject: |
|
|
vinay, look at the monthly chart... on SGX it seems to suggest an up side gap 3 methods (reliability moderate)...do u find anything similar..
damn all the stats abt dec being the best month for markets now gone for a toss...  |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #192 Posted: Thu Dec 11, 2014 4:50 pm Post subject: |
|
|
| yeh not many must have expected downside |
|
| Back to top |
|
|
riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
|
| Post: #193 Posted: Thu Dec 11, 2014 5:10 pm Post subject: |
|
|
defintiely not a 4% cut from the top that too in 5 days flat ...
| apka wrote: | | yeh not many must have expected downside |
|
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #194 Posted: Thu Dec 11, 2014 6:04 pm Post subject: |
|
|
| vinay28 wrote: | This was posted on 31/08.
".....according to an observation made based on astronomy (based on sun's transit and NOT astrology) ), high/low of period 13/7 to 26/7 each year is vital. Break out/down in any direction gives good gains till 14/1 of next year i.e. 14/01/15 (12-90% gain seen in previous 10 years). Gains are high on second break out/down if first break down/out is false. Since high/low in this period were about 7841/7422, if we take just 10%, high/low of nifty till 14/01/15 can be 8625/6680 but, in reality, can be much more or less. Note that break out above 7841 has already happened."
high of 4/12 was 8626.95.  |
the lower level calculated that time was 8164.37. Let's see how it goes. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #195 Posted: Thu Dec 11, 2014 6:33 pm Post subject: |
|
|
This is just a personal view and neither a recommendation nor a tip nor an advice for any trade.
Nifty for Friday (12/12/14)
Supports are at about 8260, 8228, 8208 and 8170 while resistances are at about 8308, 8340, 8380, 8435, 8487 and 8499. A previous unfilled gap on lower side is at about 8169. Three +WWs can give about 8380 (once above 8308), 8580 (if above 8235) and 8600 (once above 8332) (+WWs with higher targets are not mentioned as of now). Two -WWs can give about 8190 and 8055 (-WWs with much lower targets are not mentioned as of now).
Nifty fell sharply again and closed below 8300 and continues to be bearish. However, the bullish div is becoming prominent and a reversal is imminent. Nifty is still in a "sell on rise" mode unless it closes above 8450 first and then above 8538. A close above 8450 on Friday may mean reversal has started but is very doubtful. Global and local eco-political events can have a bearing on how nifty moves in short term. Liquidity continues to be strong. |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
