| View previous topic :: View next topic |
| Author |
Nifty View - January Series 2014 |
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
Post: #151  Posted: Tue Jan 07, 2014 11:52 am Post subject: |
 |
|
| vinay28 wrote: | | yashrahul wrote: | | I am shocked as options data doesn't suggest so at this given time it may change in the later half of the day i don't know...but i always believe in your predictions..hence i cut my put which i had bought in the morning and out of the profit bought deep otm put..even if the market bounces from here i lose my profits and not my capital...but i continue to remain bearish with 5900 or below as target... |
I don't know what the premiums are but it may be safer to buy Feb OTM puts rather than Jan. e.g. 6000pe. I hope you don't curse me if I go wrong.  |
Vinay 28:only for today i have taken otm put out of intraday profit..i have one more put for this series(which i hope to sell below 6000 close to 5980 or so) and i also have some puts in the coming series....i will never curse you no matter what..i believe in you but out of the profits i still bought out of the money put even though you pointed the markets will move up..so there is never a question of cursing you..instead if the markets do rally i will curse myself why i didn't believe in you fully for that given trade...  |
|
| Back to top |
|
 |
|
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #152 Posted: Tue Jan 07, 2014 12:01 pm Post subject: |
|
|
| thanks yashrahul. But your 5980 will not come unless today closes below 6129. At the same time, SL for shorts is daily close above 6200 (tight) or ideally 6300, which is far away |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #153 Posted: Tue Jan 07, 2014 12:20 pm Post subject: |
|
|
| vinay28 wrote: | | thanks yashrahul. But your 5980 will not come unless today closes below 6129. At the same time, SL for shorts is daily close above 6200 (tight) or ideally 6300, which is far away |
Vinay 28:today's close only possible if 6200 put starts shedding oi..which it was doing sometime back...but as of now has again added oi...my stop loss for my puts is daily close above 6300...today a close below 6129 looks unlikely but the way a big script like tata steel is cracking(owing to china factor)..i feel 6129 looks likely to break after a week or so max of relief rally...me being bearish i feel my words have started to be in sync with my thoughts  |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #154 Posted: Tue Jan 07, 2014 12:30 pm Post subject: |
|
|
| intraday SL is crossing above 6225NS/6266NF, whichever is higher |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #155 Posted: Tue Jan 07, 2014 12:31 pm Post subject: |
|
|
| vinay28 wrote: | | intraday SL is crossing above 6225NS/6266NF, whichever is higher |
thanks |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #156 Posted: Tue Jan 07, 2014 12:59 pm Post subject: |
|
|
| vinay28 wrote: | | Over 2 months ago, I had posted a similar chart which showed a likely target of 6400+. That was achieved in early dec. Attaching a similar chart for future reference. Not that nifty has to follow it ditto |
nifty following the chart posted yesterday evening ...... so far.
hopefully, it should take off now but 6172 must be bulldozed first. |
|
| Back to top |
|
|
saumya12
Brown Belt
Joined: 21 Dec 2011
Posts: 1509
|
| Post: #157 Posted: Tue Jan 07, 2014 1:09 pm Post subject: |
|
|
| saumya12 wrote: | | vinay28 wrote: | | If nifty continues to recver, two +WWs can give 6206/40NS. |
What time frame
Candle time point 1 |
 |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #158 Posted: Tue Jan 07, 2014 1:11 pm Post subject: |
|
|
| yashrahul wrote: | | vinay28 wrote: | | thanks yashrahul. But your 5980 will not come unless today closes below 6129. At the same time, SL for shorts is daily close above 6200 (tight) or ideally 6300, which is far away |
Vinay 28:today's close only possible if 6200 put starts shedding oi..which it was doing sometime back...but as of now has again added oi...my stop loss for my puts is daily close above 6300...today a close below 6129 looks unlikely but the way a big script like tata steel is cracking(owing to china factor)..i feel 6129 looks likely to break after a week or so max of relief rally...me being bearish i feel my words have started to be in sync with my thoughts |
i have sold my put and bought a call..i also feel we are temporarily done on the down side... |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #159 Posted: Tue Jan 07, 2014 1:15 pm Post subject: |
|
|
| saumya12 wrote: | | saumya12 wrote: | | vinay28 wrote: | | If nifty continues to recver, two +WWs can give 6206/40NS. |
What time frame
Candle time point 1 |
|
5tf. first point 1 is at 9.45 on 6/1, second point 1 is 9.20 on 3/1 and third one is 13.05 on 3/1. targets revised to 6206/11/51. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #160 Posted: Tue Jan 07, 2014 1:44 pm Post subject: |
|
|
| premium has fallen to 25. now it's make or break. I won't be available for some tme. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #161 Posted: Tue Jan 07, 2014 3:30 pm Post subject: |
|
|
| NS will close above 6150. BUt I am not happy. Let's see tmrw |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #162 Posted: Tue Jan 07, 2014 3:38 pm Post subject: |
|
|
What changed (longer trend all positive still)....Nifty can still drag lower to 6116-6090-6030-5370 as mentioned.....one point...we should up/ buy when rising ...and that too after first retest of support..today NS bounced to 6200 and fell back testing...so not a buy.. Buy only above 6210 even in lower time frames....
Also we cannot prejude reversal level so let market tell through DSP, as above method, +ve divergences coupled with above (price action) etc.
I mentioned few days back that markets shall rise when bulls (since all TAs are hoping for 6700+) shall sell...so it can be 6129, 6030, 5970 etc...
Just a thought... |
|
| Back to top |
|
|
saumya12
Brown Belt
Joined: 21 Dec 2011
Posts: 1509
|
| Post: #163 Posted: Tue Jan 07, 2014 6:37 pm Post subject: |
|
|
| vinay28 wrote: | | saumya12 wrote: | | saumya12 wrote: | | vinay28 wrote: | | If nifty continues to recver, two +WWs can give 6206/40NS. |
What time frame
Candle time point 1 |
|
5tf. first point 1 is at 9.45 on 6/1, second point 1 is 9.20 on 3/1 and third one is 13.05 on 3/1. targets revised to 6206/11/51. |
Sorry not able to locate first and second.
Either post the chart or post point 4 of these.
Posting chart for third one. |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #164 Posted: Tue Jan 07, 2014 7:11 pm Post subject: |
|
|
only because you threatened saumya.
Also, notice how all were triggered and then failed only to get triggered again, at least 2 of them.
there are others which give much higher levels. |
|
| Back to top |
|
|
saumya12
Brown Belt
Joined: 21 Dec 2011
Posts: 1509
|
| Post: #165 Posted: Tue Jan 07, 2014 7:51 pm Post subject: |
|
|
| vinay28 wrote: | only because you threatened saumya.
Also, notice how all were triggered and then failed only to get triggered again, at least 2 of them.
there are others which give much higher levels. |
Threatened
To whom, when 
I never understood your method of drawing wws
Even in this one.
You have drawn 4 +wws
But where are point 4 and point 5 of these wws.
-----------------------------------
PS
Can some one please post individual ww charts |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
