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Nifty View - January Series 2014 |
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #181 Posted: Thu Jan 09, 2014 6:43 pm Post subject: |
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close at/above 6196 and upto 6245 will give a hammer on weekly, assuming weekly low remains about 6145. Close >6245 will be better still. -ve close will mean more pain. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #182 Posted: Thu Jan 09, 2014 10:12 pm Post subject: |
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looks like as per sgx continuation of downtrend as I hoped for. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #183 Posted: Fri Jan 10, 2014 9:02 am Post subject: |
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SGX beats SGX and INFY beats street |
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #184 Posted: Fri Jan 10, 2014 9:49 am Post subject: |
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rk_a2003 wrote: | Market is not moving up at all. At the same time neither going down. It went down below 6150 multiple times in recent past but closed above 6150.Today also the same phenomena repeated, which draws our attention.
Today also Nifty moved in a narrow range. In fact it broke yesterdays low but there was no substantial move down side.
Tomorrow must be decisive. If there is a gap up above 6220 it may blast upside. If it gaps down below 6145 it may severely go down further.
Market don't bother about our predictions.(Market makers are least bothered about the predictions .They are much bothered about turning their positions in to profitable ones).Still we never resist making predictions, as we have our own 'objective' analysis for gauging the market mood . (the objectivity can very well be deceptive like a jackal)
Well, I think market is supposed to go up yesterday and today also for the given global cues and also as per the INR movement, but it never did. I hope it reserved it's move for the day of INFY results.
I think it's going to gap up tomorrow. Tomorrow I might turn out to be a fool then pardon me. |
It appears that the market hasn't reserved this day for any decisive move as expected.
Market remains weak below NS 6145, will show strength above 6220.Neutral and range bound in between. The over all undertone is BULLISH. This is still a correction in bull market. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #185 Posted: Fri Jan 10, 2014 10:15 am Post subject: |
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NS needs to cross 6225. BO of channel posted by saumya can give 523x. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #186 Posted: Fri Jan 10, 2014 10:34 am Post subject: |
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last 2 day's high broken. First time higher high in 4 days |
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thalapathy White Belt
Joined: 04 Mar 2013 Posts: 27
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Post: #187 Posted: Fri Jan 10, 2014 10:48 am Post subject: possible trend reversal today....? |
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previous month lowest open is 6168.35
previous month lowest close is 6139.05
previous day lowest close is 6153.8 (based on 30 mins chart)
previous day highest close is 6175.7 (based on 30 mins chart)
todays low is 6139.60 |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #188 Posted: Fri Jan 10, 2014 1:37 pm Post subject: |
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vinay28 wrote: | NS needs to cross 6225. BO of channel posted by saumya can give 523x. |
target met. |
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stevenmat White Belt
Joined: 27 Dec 2011 Posts: 478
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Post: #189 Posted: Fri Jan 10, 2014 1:41 pm Post subject: |
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vinay28 wrote: | vinay28 wrote: | NS needs to cross 6225. BO of channel posted by saumya can give 523x. |
target met. |
nice !!! congrats ! |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #190 Posted: Fri Jan 10, 2014 1:47 pm Post subject: |
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VIX has gone for winter hibernation.... 15.02 low |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #191 Posted: Fri Jan 10, 2014 1:50 pm Post subject: |
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stevenmat wrote: | vinay28 wrote: | vinay28 wrote: | NS needs to cross 6225. BO of channel posted by saumya can give 523x. |
target met. |
nice !!! congrats ! |
thank you steve sir! |
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #192 Posted: Fri Jan 10, 2014 2:11 pm Post subject: |
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Wats this reaction Vinay, Spped fall from the top .almost 40 points corrected |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #193 Posted: Fri Jan 10, 2014 2:18 pm Post subject: |
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vishyvaranasi wrote: | Wats this reaction Vinay, Spped fall from the top .almost 40 points corrected |
it's ok vishy, looks normal. though I expected it to fall upto 6208, it fell some more. As posted yesterday, close above 6196 may be good. But even a close above wednesday's high of 6192 may not be looked upon well by bears.
Having said it, best close will be >6275 NS whether today or monday. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #194 Posted: Fri Jan 10, 2014 2:25 pm Post subject: |
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it shall touch 6150 again lower end.... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #195 Posted: Fri Jan 10, 2014 2:25 pm Post subject: |
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today's gap filled up |
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