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Nifty View - December Series 2013 |
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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Post: #106  Posted: Thu Dec 05, 2013 5:48 pm Post subject: |
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| musicaldelhi wrote: | | vinay28 wrote: | | musicaldelhi wrote: | respected senior analysts....
i am positionally short in nifty future..
should i hold or exit..or reverse the trade...
at which best level...
pls advice....if you can
thank you..[/code] |
Didn't you confirm to me yesterday that you have exited your puts? when did you buy again then? now, if you are lucky you may get a chance to get out tmrw but not sure it would be with profit. We may see 6214/6195/6161 NS tmrw if you r lucky but not sure. |
vinay ji...i am not in any options..call put now...exit yesterday @ no profit loss..after your advice...
but still have positionally nifty future short position... |
At what price you are short that's required for any sensible advise, How ever, If Nifty close again tomorrow above 6230 better to cover shorts. |
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saumya12
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Joined: 21 Dec 2011
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| Post: #107 Posted: Thu Dec 05, 2013 8:10 pm Post subject: |
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| Bearish Crab pattern in NS hourly chart |
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vinay28
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Joined: 24 Dec 2010
Posts: 11748
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| Post: #108 Posted: Thu Dec 05, 2013 8:18 pm Post subject: |
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saumya, you are posting everything except japani badal. this is not permitted.  |
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saumya12
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Joined: 21 Dec 2011
Posts: 1509
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| Post: #109 Posted: Thu Dec 05, 2013 8:33 pm Post subject: |
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| vinay28 wrote: | | saumya, you are posting everything except japani badal. this is not permitted. |
Ya, I want to post on ichimoku.
But since long, not getting something particular to post. |
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saumya12
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Joined: 21 Dec 2011
Posts: 1509
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| Post: #110 Posted: Fri Dec 06, 2013 12:01 am Post subject: |
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Posting below an hourly chart of Nifty, with EW counts for the present upmove only
It may be seen that nifty is moving in a channel, since last few days.
After a gap up today, a sell off was seen at point 2 and it seems that wave 2 may end here and possibly the start of a down trend. If the above support breaks then price will come down to fill the gap.
So, it looks that wave 2 has ended, but if it holds the red support line, then there is a possibility of a bounce back again to upper trend line. Lets See. |
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vinay28
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Joined: 24 Dec 2010
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| Post: #111 Posted: Fri Dec 06, 2013 10:10 am Post subject: |
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Reportedly President Pranab Mukherjee condoled Nelson Mandela’s death, saying “We did not expect that the end will come".
if true  |
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rk_a2003
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Joined: 21 Jan 2010
Posts: 2734
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| Post: #112 Posted: Fri Dec 06, 2013 10:53 am Post subject: |
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| vinay28 wrote: | Reportedly President Pranab Mukherjee condoled Nelson Mandela’s death, saying “We did not expect that the end will come".
if true |
That's a "DIPLOMATIC RHETORIC". Don't get |
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pkholla
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Joined: 04 Nov 2010
Posts: 2890
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| Post: #113 Posted: Fri Dec 06, 2013 10:58 am Post subject: |
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| rk_a2003 wrote: | | vinay28 wrote: | | Reportedly President Pranab Mukherjee condoled Nelson Mandela’s death, saying “We did not expect that the end will come". if true |
That's a "DIPLOMATIC RHETORIC". |
RK: When many of our past their- use- by- date netas go, India will receive condolences: We did not even realize he had passed away, there was no change in his behavior or expression! You should have informed us!!! |
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saumya12
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Joined: 21 Dec 2011
Posts: 1509
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| Post: #114 Posted: Fri Dec 06, 2013 11:25 am Post subject: |
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A broker call
"Only a clear majority by BJP in at least 3 states will be positive for market rest will be neutral to negative. So Plan your trades accordingly & be hedged."
My take
Will UPA govt allow market to celebrate BJP win ??
Or
There will be some news after Sunday noon, that may degrade market sentiments. |
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vishyvaranasi
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Joined: 11 Jul 2011
Posts: 1159
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| Post: #115 Posted: Fri Dec 06, 2013 11:30 am Post subject: |
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| saumya12 wrote: | A broker call
"Only a clear majority by BJP in at least 3 states will be positive for market rest will be neutral to negative. So Plan your trades accordingly & be hedged."
My take
Will UPA govt allow market to celebrate BJP win ??
Or
There will be some news after Sunday noon, that may degrade market sentiments. |
I strongly feel that a BJP win will allow us to celebrate atleast for Monday and after that as u said its left to UPA.
Vishy |
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vinay28
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Joined: 24 Dec 2010
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| Post: #116 Posted: Fri Dec 06, 2013 11:37 am Post subject: |
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| IMHO, we may see 120-150 rise on monday. also 6425/6520 looks certain. |
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manojkr78
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Joined: 07 Mar 2011
Posts: 1014
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| Post: #117 Posted: Fri Dec 06, 2013 1:09 pm Post subject: |
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Vinay,
any levels to watch today to initiate fresh longs??? |
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amitagg
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Joined: 01 Oct 2013
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| Post: #118 Posted: Fri Dec 06, 2013 1:11 pm Post subject: |
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| yes Vinay, pls tell strategy for longs.....which option etc. |
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vinay28
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Joined: 24 Dec 2010
Posts: 11748
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| Post: #119 Posted: Fri Dec 06, 2013 1:23 pm Post subject: |
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| amitagg wrote: | | yes Vinay, pls tell strategy for longs.....which option etc. |
there can be no correct strategy under present circumstances. This is what I feel in general. Nifty will have to close above 6242 but a close well above 6214 is adequate on weekly basis. I feel 65xx is possible in dec and even 68xx as a remote chance. so one should not panic about what happens early next week. UNLESS 5970 is taken out, which I doubt. That's why 6500ce/ 6100pe (or 6450ce/6050pe) looks like a good hedge till tuesday (more long than short). If it crashes towards 5970, sell pe and buy more ce. I am small long in nifty and axis and short in tisco and intend to buy small infy 3300pe and 6100pe near eod. |
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amitagg
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Joined: 01 Oct 2013
Posts: 4559
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| Post: #120 Posted: Fri Dec 06, 2013 1:28 pm Post subject: |
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| vinay28 wrote: | | amitagg wrote: | | yes Vinay, pls tell strategy for longs.....which option etc. |
there can be no correct strategy under present circumstances. This is what I feel in general. Nifty will have to close above 6242 but a close well above 6214 is adequate on weekly basis. I feel 65xx is possible in dec and even 68xx as a remote chance. so one should not panic about what happens early next week. UNLESS 5970 is taken out, which I doubt. That's why 6500ce/ 6100pe (or 6450ce/6050pe) looks like a good hedge till tuesday (more long than short). If it crashes towards 5970, sell pe and buy more ce. I am small long in nifty and axis and short in tisco and intend to buy small infy 3300pe and 6100pe near eod. |
cannot agree more...thanks |
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