iCharts Discussions

vinay28 · Black Belt Joined: 24 Dec 2010 Posts: 11748

If pre-open candles are to be believed, 5802-6055 seems to be the range though worst case 5720 is possible.

masa · White Belt Joined: 06 Jan 2007 Posts: 162

As I stated before Nifty might take strong support around 5800-5820. If today's Close below 5810 might create big problem.

skd2012 · Yellow Belt Joined: 03 Oct 2012 Posts: 948

masa · White Belt Joined: 06 Jan 2007 Posts: 162

As per Expanding Triangle shown before, Nifty must Close above 5810. Middle line resistance around @ 5920. Above that good up move.

apka · Black Belt Joined: 13 Dec 2011 Posts: 6137

5900ce crosses 80 Lakh OI. 5900pe OI has halved from its high point in feb.

focus is shifting to writing 5800ce.

6000ce has crossed 95 lakh OI...

no covering in 5800pe yet.

psalm · Black Belt Joined: 12 Nov 2011 Posts: 5368

Bought a few 5800 CALLs now....Feb...wont be carrying for tomorrow...means intraday only.....also, I will exit them if 19150 sensex is broken....we've just tested 19180 a while back...

masa · White Belt Joined: 06 Jan 2007 Posts: 162

As off now, no fresh shorter are ready to short and no old shorter are ready to cover, no fresh buyer are ready to buy. next couple of hours are crucial.

Vikas91 · White Belt Joined: 28 Nov 2012 Posts: 140

Indian banking major, State Bank of India ( SBI)
has fixed an issue price of Rs2,312.78 per share for
preferential allotment to the government to raise
Rs3,004 crore as part of the capital infusion plan
for the this financial year.

vinay28 · Black Belt Joined: 24 Dec 2010 Posts: 11748

masa · White Belt Joined: 06 Jan 2007 Posts: 162

If Nifty may stay above 5810 and go up tick by tick, short covering will increase tick by tick. Let's see.

Vikas91 · White Belt Joined: 28 Nov 2012 Posts: 140

Railway Budget
Positive for markets: If freight and cargo rates are hiked.
Any cut in subsidies is best for country balance sheet.
Negative: If subsides increase for any reason whatsoever.

psalm · Black Belt Joined: 12 Nov 2011 Posts: 5368

My cousin who is sitting next to me now, has pointed out that I have done a mistake by going for a CALL with huge premium. Yea, I felt so, especially since I wont be carrying it overnight. So, exited the CALLs and bought Feb futures around 5812....by the way, I'm not much hopeful of any upmoves....this is just to take any advantage if the last support holds for the day and if there is any pullback during railway budget. Anyway, let's see what the market does from here on.

vinay28 · Black Belt Joined: 24 Dec 2010 Posts: 11748

I think your cousin should become a ichartian and we will start listening to him more!

saumya12 · Brown Belt Joined: 21 Dec 2011 Posts: 1509

How it is so, that 6100CE is increasing more (though proportionately) thn 5900/6000 CEs feb series.