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Nifty View - December '14 Series |
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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Post: #391  Posted: Wed Dec 24, 2014 2:04 pm Post subject: |
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| OI of 8300ce has crossed 125 lakhs and OI of 8200pe is still at 70 lakhs. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #392 Posted: Wed Dec 24, 2014 2:07 pm Post subject: |
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| apka wrote: | | OI of 8300ce has crossed 125 lakhs and OI of 8200pe is still at 70 lakhs. |
patience my dear Watson. who knows what will happen? |
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riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
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| Post: #393 Posted: Wed Dec 24, 2014 2:10 pm Post subject: |
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breaking 8216 now, we might see 8194 / 8171 / 8149
| riteshucha wrote: | so far so good... lets see if 8300 is touched...
all bets off if it breaks NF 8216,
till then a bit reversal till 8270, crossing 8277 again will see 8300 touched....IMHO
| riteshucha wrote: | OI on 8250 PE almost 50% more than 8250 CE, means expiry doesnt seem to be below 8250 ... unless we have a gap down, then we could see max low 8220 / 8230...
only crossing 8305/8310 would give hope of upside and then if 8329 is taken out, then i m hoping that whatever amount we fell today would be recovered + some more....
else a stalemate anywhere between 8250 to 8300 expiry...
pls give your inputs to know if i m reading it correctly... |
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riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
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| Post: #394 Posted: Wed Dec 24, 2014 3:07 pm Post subject: |
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bingo!!!!! 
8200 Pe bought 0.75 sold 6.25...
8300 Pe bought 53 sold 97
patience paid...
| riteshucha wrote: | breaking 8216 now, we might see 8194 / 8171 / 8149
| riteshucha wrote: | so far so good... lets see if 8300 is touched...
all bets off if it breaks NF 8216,
till then a bit reversal till 8270, crossing 8277 again will see 8300 touched....IMHO
| riteshucha wrote: | OI on 8250 PE almost 50% more than 8250 CE, means expiry doesnt seem to be below 8250 ... unless we have a gap down, then we could see max low 8220 / 8230...
only crossing 8305/8310 would give hope of upside and then if 8329 is taken out, then i m hoping that whatever amount we fell today would be recovered + some more....
else a stalemate anywhere between 8250 to 8300 expiry...
pls give your inputs to know if i m reading it correctly... |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #395 Posted: Wed Dec 24, 2014 3:10 pm Post subject: |
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| yep i too traded 8200pe @ 2.65 -> 6.7 |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #396 Posted: Wed Dec 24, 2014 3:18 pm Post subject: |
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high 28 
lack of OI addition in it and 8300ce adding OI while vix was negative was indication 8300 was being written and would not be breached and 8200 would once atleast. |
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NU2013
White Belt
Joined: 18 Jul 2013
Posts: 104
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| Post: #397 Posted: Wed Dec 24, 2014 3:35 pm Post subject: |
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| apka wrote: | high 28
lack of OI addition in it and 8300ce adding OI while vix was negative was indication 8300 was being written and would not be breached and 8200 would once atleast. |
The trades didn't make money for me!! But thankfully, the hedges saved my a***!!
Live today to die tomorrow!! |
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riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
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| Post: #398 Posted: Wed Dec 24, 2014 3:42 pm Post subject: |
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ya just saw... 0.40 to 28.. what a move...
atleast i m happy my reading of market movement is improving... there's always a next time... we ll take a bigger pie then.. 
till then "HAPPY CHRISTMAS" to all my wonderfull ichartians and collegues... cheers!!!
| apka wrote: | high 28
lack of OI addition in it and 8300ce adding OI while vix was negative was indication 8300 was being written and would not be breached and 8200 would once atleast. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #399 Posted: Wed Dec 24, 2014 7:07 pm Post subject: |
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sorry for joining late. The moment it touched 8228NS/8237NF, writing was on the wall. phew, what a fall.
And Jan premium at 100. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #400 Posted: Wed Dec 24, 2014 8:25 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 Friday (26/12/14) and beyond
Supports are at about 8150, 8119, 8073, 8036 and 8000 while resistances are at about 8206, 8256, 8339 and 8380. A previous unfilled gap on lower side is at about 8029. Two +WWs can give about 8257 (once above 8208) and 8319 (once above 8215). (+WWs with higher targets are not mentioned as of now). Three -WWs can give about 8139 (if below 8197), 8022 (if below 8163) and 7935 (if below 8225) (-WWs with lower targets are not mentioned as of now). Two IHnS can give about 8450/8590 once above 8290/8375. A bearish flag can give lower level unless killed above 8215.
Nifty fell sharply once it touched 8228NS/8237NF as posted yesterday and is distinctly bearish. Though lower levels such as 8100/8000 now look possible, if it sustains below 8100, we can see a major fall. However, the bullish div that developed over last few months remains and only an equally sharp reversal can save nifty. But that can only be confirmed if Friday closes above at least 8255 and 31/12 closes above at least 8395. But only a close above 8589 can lead to a new high. Global and local eco-political events can have a bearing on how nifty moves in short term. |
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riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
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| Post: #401 Posted: Fri Dec 26, 2014 9:51 am Post subject: |
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| 8190 crucial NF... bought 8217 SAR 8171... |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #402 Posted: Fri Dec 26, 2014 10:10 am Post subject: |
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| riteshucha wrote: | | 8190 crucial NF... bought 8217 SAR 8171... |
unless closes below 8100, I am looking for another 400 points up from whatever low. First hint will be close above 8 ema on daily and then other levels posted in today's post. |
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #403 Posted: Fri Dec 26, 2014 10:20 am Post subject: Jan 15 expiry |
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Moderator-ji: Dec NF expiry over, please start January 2015 NF series
Thank you, Prakash Holla |
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riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
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| Post: #404 Posted: Fri Dec 26, 2014 10:30 am Post subject: |
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hmm vinay, dec started with a 1% bang... Jan started with 100 points fall from the top.. lets see whats instore...
btw, Pivot as per dec NF comes to 8211.55, low is just above that... if held, bounce expected 8255/8277/8300...
move stop to day.s low...
| vinay28 wrote: | | riteshucha wrote: | | 8190 crucial NF... bought 8217 SAR 8171... |
unless closes below 8100, I am looking for another 400 points up from whatever low. First hint will be close above 8 ema on daily and then other levels posted in today's post. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #405 Posted: Fri Dec 26, 2014 10:56 am Post subject: |
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sine today's high was 8319NF, low could be 8139.  |
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