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Nifty View - Jan 2013 |
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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Post: #751  Posted: Tue Jan 22, 2013 9:48 pm Post subject: |
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| sw_das wrote: | Once thing goes in down trend shorting will be easy. Like HUL....news and other things will help.  |
HUL going down is not good sign for bears, |
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #752 Posted: Tue Jan 22, 2013 9:50 pm Post subject: |
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| vinay28 wrote: | | can we see 6145NF tmrw? |
I m short, it will kill me  |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #753 Posted: Tue Jan 22, 2013 9:53 pm Post subject: |
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| vinay28 wrote: | | can we see 6145NF tmrw? |
in 1 day now 80 points dunno... its moving up lethargically now as if waiting for LT results or RBI policy. volumes were pretty low today till we broke 6070 fut (yesterdays low)..
EOD jan fut OI has come down to 138 lakhs only -9 lakh shares shedding today (longs booked). |
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skd2012
Yellow Belt
Joined: 03 Oct 2012
Posts: 948
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| Post: #754 Posted: Tue Jan 22, 2013 9:59 pm Post subject: |
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| taxmann50 wrote: | | vinay28 wrote: | | can we see 6145NF tmrw? |
I m short, it will kill me |
News flow and global markets might help you. If breaks below 5980-90 spot range then it can fall double. |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #755 Posted: Wed Jan 23, 2013 9:38 am Post subject: |
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day before yesterday spot low was 6064 and fut 6070.. at that time 6000pe touched near 26-27.
yesterday at 6040 spot and 6054 fut 6000pe touched 25.30... this is despite VIX being +.40 at the time of fall...
so its indicating premium eating will go on. |
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skd2012
Yellow Belt
Joined: 03 Oct 2012
Posts: 948
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| Post: #756 Posted: Wed Jan 23, 2013 11:21 am Post subject: |
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| I guess we will oscillate between 5990-6120 spot till RBI thing is done. |
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #757 Posted: Wed Jan 23, 2013 12:48 pm Post subject: |
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| Nifty though weak there is every possibility to test higher levels of 6080-6100 after europe opens, want some opinion on the RSI (hourly) if anyone can help. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #758 Posted: Wed Jan 23, 2013 1:58 pm Post subject: |
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apka, pl verify this
BULLS, SINCE morning, are selling nifty 6000 puts despite market slipping from highs..and open interest in 6000 put has become highest among puts
remember earlier highest open interest was at 5800 puts
means bulls are considering this fall will not break 6k nf and they can trap more bears in this fall.
ON OTHER HAND..bears which has shorted since yesterday 6100 calls are adding more today...means they feel they will not let market cross much above 6100 nf
where as highest open interest in calls is still at 6200 calls
TO SUM UP BULLS WILL FIGHT TO SAVE ANY FALL TO 6K NF ..WHILE BEARS WILL KEEP PUTTING PRESSURE ON BULLS NOT TO LET 6150 NF CROSS WITH EASE IN NEXT 6 TRADING DAYS OF F&o expiry |
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #759 Posted: Wed Jan 23, 2013 2:18 pm Post subject: |
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| vinay28 wrote: | apka, pl verify this
BULLS, SINCE morning, are selling nifty 6000 puts despite market slipping from highs..and open interest in 6000 put has become highest among puts
remember earlier highest open interest was at 5800 puts
means bulls are considering this fall will not break 6k nf and they can trap more bears in this fall.
ON OTHER HAND..bears which has shorted since yesterday 6100 calls are adding more today...means they feel they will not let market cross much above 6100 nf
where as highest open interest in calls is still at 6200 calls
TO SUM UP BULLS WILL FIGHT TO SAVE ANY FALL TO 6K NF ..WHILE BEARS WILL KEEP PUTTING PRESSURE ON BULLS NOT TO LET 6150 NF CROSS WITH EASE IN NEXT 6 TRADING DAYS OF F&o expiry |
Market fall mein dum nehi hai, laag raaha hai ki bulls sell karte karte andar ajaye ,shorts build up ho aur phir bulls unhe chuna dega, cat and mouse game chal raha hai, |
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rsnerella
White Belt
Joined: 30 Jul 2008
Posts: 153
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| Post: #760 Posted: Wed Jan 23, 2013 2:20 pm Post subject: Nifty view - January |
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Option writers run away in trending market. Rarely occurs though.
TREND is FRIEND, FOLLOW TREND!!! FOLLOW TECHNICALS!!!
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skd2012
Yellow Belt
Joined: 03 Oct 2012
Posts: 948
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| Post: #761 Posted: Wed Jan 23, 2013 2:22 pm Post subject: |
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what I feel one should be careful in long for time being...we never know some news can do bad..
in normal circumstance we can take support around 6025 NF today.. and if we hold on we can see bounce tomorrow....
we have to judge after a bounce....the move is unfolding has some momentum in down side as of now.... |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #762 Posted: Wed Jan 23, 2013 2:24 pm Post subject: |
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yes, vinay.. thats right... in todays fall OI of 6000pe has reduced by 3 lakh shares or so and is being covered marginally only (till now).. and its being shorted more often as per onscreen price movement.
we have also reached 6027 spot which comes at near 6020 support level if u connect bottoms from 21-12-2012 daily candles. |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #763 Posted: Wed Jan 23, 2013 2:26 pm Post subject: |
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| taxmann50 wrote: | | Market fall mein dum nehi hai, laag raaha hai ki bulls sell karte karte andar ajaye ,shorts build up ho aur phir bulls unhe chuna dega, cat and mouse game chal raha hai, |
filhaal volumes are less and nifty reached 6100 also on very low volumes... |
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #764 Posted: Wed Jan 23, 2013 2:46 pm Post subject: |
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| As there is some time to go before rate decision there can be a flash buy anytime tomorrow or today after 3pm, |
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #765 Posted: Wed Jan 23, 2013 3:13 pm Post subject: |
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Now is this buy reliable to buy because there has been some short covering in few counters, just as much as i though reversal was sharp,  |
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