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Nifty View - January '15 Series |
NU2013 White Belt
Joined: 18 Jul 2013 Posts: 104
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Post: #181 Posted: Tue Jan 27, 2015 12:07 pm Post subject: |
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Going short for this expiry?? |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #182 Posted: Tue Jan 27, 2015 12:12 pm Post subject: |
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NU2013 wrote: | Going short for this expiry?? |
I feel expiry could be about 8920 while Friday could see 9000. I may short or long if it rises or falls just to take advantage of intraday volatility.
30tf close below 8806NS is strong SL for longs. |
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NU2013 White Belt
Joined: 18 Jul 2013 Posts: 104
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Post: #183 Posted: Tue Jan 27, 2015 3:31 pm Post subject: |
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vinay28 wrote: | NU2013 wrote: | Going short for this expiry?? |
I feel expiry could be about 8920 while Friday could see 9000. I may short or long if it rises or falls just to take advantage of intraday volatility.
30tf close below 8806NS is strong SL for longs. |
What a day!!
Bought 9000 CE for 4 bucks and sold @ 16!!
Still holding 50% unsold from last purchase!!
Thanks Vinay!! |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #184 Posted: Tue Jan 27, 2015 3:40 pm Post subject: |
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you are welcome NU |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #185 Posted: Tue Jan 27, 2015 4:21 pm Post subject: |
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All break outs. When will the break downs be? |
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NFTrader White Belt
Joined: 28 Nov 2014 Posts: 35
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Post: #186 Posted: Tue Jan 27, 2015 8:05 pm Post subject: |
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Look for some -ve divergence |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #187 Posted: Tue Jan 27, 2015 8:24 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 Wednesday (28/01/14) and beyond
Supports are at about 8887, 8858, 8842, 8778 and 8744 while resistances are at about 8870, 8904, 8956 and 9005. Previous unfilled gap on lower side is at about 8761. A +WW can give about 8996 (+WWs with higher targets are not mentioned as of now). Five -WWs can give about 8836 (once below 8878), 8806 (once below 8890), 8779 (if below 8920), 8761 (once below 8851) and 8743 (once below 8876) (-WWs with lower targets are not mentioned as of now). A rising wedge break down can give about 8450 if nifty sustains below 8900.
Nifty rose sharply again and made another all time high and also closed at an all time high above 8900 and continues to look bullish. There is a -ve div on higher TFs and we may see some fall soon. Breach of 8760 will cause more fall. Global and local eco-political events can have a bearing on how nifty moves in short term. |
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NU2013 White Belt
Joined: 18 Jul 2013 Posts: 104
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Post: #188 Posted: Wed Jan 28, 2015 11:15 am Post subject: |
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Sold my entire 9000 CE just now!!
Vinay,
What next?? |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #189 Posted: Wed Jan 28, 2015 11:22 am Post subject: |
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mock trading high reached. |
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NU2013 White Belt
Joined: 18 Jul 2013 Posts: 104
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Post: #190 Posted: Wed Jan 28, 2015 11:30 am Post subject: |
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VIX up 5.4%.... time to short??? |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #191 Posted: Wed Jan 28, 2015 11:40 am Post subject: |
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NU2013 wrote: | VIX up 5.4%.... time to short??? |
though 9012/63NF are possible, I have bought small qty of 8700pe for Feb.
track advance/decline ratio |
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #192 Posted: Wed Jan 28, 2015 11:53 am Post subject: |
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The vertical up move indicates that short covering is going on. The top will be decided by the volume of the shorts present in the system.
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NU2013 White Belt
Joined: 18 Jul 2013 Posts: 104
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Post: #193 Posted: Wed Jan 28, 2015 12:32 pm Post subject: |
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rk_a2003 wrote: | The vertical up move indicates that short covering is going on. The top will be decided by the volume of the shorts present in the system.
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Ok!!
Will wait for 9020 to be taken out before taking a trade decision.
Thanks!! |
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PS Trader White Belt
Joined: 22 Sep 2013 Posts: 101
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Post: #194 Posted: Wed Jan 28, 2015 1:08 pm Post subject: |
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SO Nifty after making 8980+, bears started profit taking and pulled down 80 points.
Nifty from 8000 to 8900 not really a big bull thing. Now what they are going to do from 8900 to push up the Nifty above, is really a bull thing.
Now the bulls will really show their aggressive demand by pushing the nifty up above 9000. |
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NU2013 White Belt
Joined: 18 Jul 2013 Posts: 104
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Post: #195 Posted: Wed Jan 28, 2015 1:11 pm Post subject: |
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9050 CE has added 13 lacks + OI just today!! |
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