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Nifty View - December '14 Series |
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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Post: #286  Posted: Wed Dec 17, 2014 8:26 am Post subject: |
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| chandrujimrc wrote: | Dear friends,
Nifty nearing 100 Ema and also entering into Rsi 28 -30 zone so any time there is a chance for 300 point rally,if it fails to do so wait for double bottom with + divrg. |
hi chandru, welcome back. where have you been hiding? |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #287 Posted: Wed Dec 17, 2014 8:57 am Post subject: |
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| this fall has been different in one aspect. we have been closing outside the daily lower bollinger band by a margin of several points. this hasn't happened for more than 2 continuous days in the last 2-3 years. |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #288 Posted: Wed Dec 17, 2014 9:23 am Post subject: |
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5-Dec DII +166.05cr
8-Dec DII +1030.65cr
11-Dec DII +431.93cr
12-Dec DII +323.41cr
15-Dec DII +136.02cr
16-Dec DII +534.60cr |
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saurabhkurichh
White Belt
Joined: 30 Oct 2006
Posts: 127
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| Post: #289 Posted: Wed Dec 17, 2014 9:25 am Post subject: |
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| vinay28 wrote: | | saurabhkurichh wrote: | | 8350 .... to be frank it did brought a smile on my face |
if I may ask "why"? you can laugh also. 
I had posted this few days ago in another forum but not sure whether I posted it here.
"Historically, I have found that if nifty falls 11% (7678) or more, it will retrace 38-50% of the fall before another 10-11% fall. As of now I have 8151-8174 in mind. Other lower levels are about 8050 and 7992/8002." |
yes i remember u had posted it here |
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saurabhkurichh
White Belt
Joined: 30 Oct 2006
Posts: 127
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| Post: #290 Posted: Wed Dec 17, 2014 9:33 am Post subject: |
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| nearing 8000 now |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #291 Posted: Wed Dec 17, 2014 9:37 am Post subject: |
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| VIX 17.10.... can still goto 18 for last trgt. beyond that it will touch 20. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #292 Posted: Wed Dec 17, 2014 9:51 am Post subject: |
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as of now I feel 8030NF may be bottom if at all it goes there and then 8380 by expiry or max 8480. then 8600/8700 by 31/12.
will keep on pulling it down if necessary.  |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #293 Posted: Wed Dec 17, 2014 10:18 am Post subject: |
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NF down 100 and 9000ce for Jan is up.
what the hell! |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #294 Posted: Wed Dec 17, 2014 10:33 am Post subject: |
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| VIX baba ki jai |
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #295 Posted: Wed Dec 17, 2014 10:44 am Post subject: Jai Bolo + T20 ka b^^p |
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5 min TF+BB+ADX+MACD ki jai bolo
Reversal indicated= bot 200 8000NC @98
Kept sell @ 110 = T20 ka b^^p!
Cheers, Prakash Holla |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #296 Posted: Wed Dec 17, 2014 3:10 pm Post subject: |
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| As per xx50 strike option build up after 3pm, 7950pe is indicating 7950 to be touched tomorrow. let's see if again if it happens. |
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mdsaravana
White Belt
Joined: 07 Feb 2014
Posts: 19
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| Post: #297 Posted: Wed Dec 17, 2014 3:28 pm Post subject: |
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| vinay,today candlestick is hammer, i think ur levels on upside coming soon! |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #298 Posted: Wed Dec 17, 2014 6:40 pm Post subject: |
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| mdsaravana wrote: | | vinay,today candlestick is hammer, i think ur levels on upside coming soon! |
saravana, it's more of a doji than a hammer, which implies uncertainty. with only 5 days remaining, keeping fingers crossed. Good news is rsi below 30 with bullish div but bad news is nifty closed below 100ema. So whether it reverses in one day as it did in sept '13 or stays below it for about 2 weeks as in last feb, hard to say. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #299 Posted: Wed Dec 17, 2014 7:53 pm Post subject: |
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This is just a personal view and neither a recommendation nor a tip nor an advice for any trade.
Nifty for Thursday (18/12/14) and beyond
Supports are at about 8024, 7998, 7966 and 7903 while resistances are at about 8088, 8112, 8146 and 8172. A previous unfilled gap on lower side is at about 7927. Four +WWs can give about 8141 (if above 8000), 8166, 8240 and 8400 (once above 8143). Two -WWs can give about 7970 (if below 8080) and 7855 (if below 8173) (-WWs with much lower targets are not mentioned as of now). Two IHnSs can give 8140/8200 once above 8060/8135.
Nifty recovered after a sharp fall but couldn't sustain much and closed below 8050 and also below 100 ema. It continues to be bearish. However, daily candle is a doji and also like a hammer indicating uncertainty. Also, bullish div on daily/weekly/monthly charts continues and a sharp reversal is possible, glimpses of which were visible on Wednesday. Nifty is still in a "sell on rise" mode unless it closes above 8431 first and then above 8538. Global and local eco-political events can have a bearing on how nifty moves in short term. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #300 Posted: Wed Dec 17, 2014 9:18 pm Post subject: |
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| cabinet clears GST and co's act amendment bills. |
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