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Nifty View - January Series 2014 |
amitagg
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Joined: 01 Oct 2013
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Post: #466  Posted: Wed Jan 29, 2014 1:09 pm Post subject: |
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[quote="amitagg"]i have a feeling it shall do down today for few points from here on...but not sure whether 6140-6130 shall be breached convincingly....[/quote
as said  |
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amitagg
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Joined: 01 Oct 2013
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| Post: #467 Posted: Wed Jan 29, 2014 1:13 pm Post subject: |
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[quote="amitagg"] | amitagg wrote: | i have a feeling it shall do down today for few points from here on...but not sure whether 6140-6130 shall be breached convincingly....[/quote
as said |
that is not to say 6085 cannot be reached today but that it had to fall from 6157 below which it did......dont see upsides for today |
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #468 Posted: Wed Jan 29, 2014 1:58 pm Post subject: |
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What is the market really waiting for? the Ben news on taper or the expiry. Option writers confidently writing away both put and call with DII only buyers at the moment.
Maruti was disliked yesterday and today boom, really makes no sense and now ICICI.
I feel that taking any positions now should be in Feb series where valuation looks alright in options.
Vinay whats your take? |
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vinay28
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Joined: 24 Dec 2010
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| Post: #469 Posted: Wed Jan 29, 2014 2:06 pm Post subject: |
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| SP50 wrote: | What is the market really waiting for? the Ben news on taper or the expiry. Option writers confidently writing away both put and call with DII only buyers at the moment.
Maruti was disliked yesterday and today boom, really makes no sense and now ICICI.
I feel that taking any positions now should be in Feb series where valuation looks alright in options.
Vinay whats your take? |
maruti case is obvious. I am still bullish on nifty and banknifty in short term i.e. feb and march. One more breach of 6350 will take it to new heights. But if you are not sure, as I said yesterday, buy 6400ce/6000pe for feb/mar if nifty goes to 6200, when it does.
just for info, s&p made a new high 74 times last year after breaching previous one successfully the first time. |
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vinay28
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| Post: #470 Posted: Wed Jan 29, 2014 2:21 pm Post subject: |
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| the long term bears will love this. The first one shows the two fed driven rallies |
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vinay28
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Joined: 24 Dec 2010
Posts: 11748
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| Post: #471 Posted: Wed Jan 29, 2014 3:00 pm Post subject: |
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| vinay28 wrote: | | if it breaks below 6147 convincingly, we may see 6085. |
now 6065 is possible |
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SP50
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Joined: 26 Nov 2010
Posts: 1615
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| Post: #472 Posted: Wed Jan 29, 2014 3:25 pm Post subject: |
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| vinay28 wrote: | | vinay28 wrote: | | if it breaks below 6147 convincingly, we may see 6085. |
now 6065 is possible |
 difficult |
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rk_a2003
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Joined: 21 Jan 2010
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| Post: #473 Posted: Wed Jan 29, 2014 6:13 pm Post subject: |
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"....just for info, s&p made a new high 74 times last year after breaching previous one successfully the first time."
You expect the same feet by Nifty.... of course it's quite possible once Election uncertainty is behind us. Where do you get such data?...It's quite interesting.....74 times ..Is this number indicating the uncertainty and volatility also?. |
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vinay28
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Joined: 24 Dec 2010
Posts: 11748
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| Post: #474 Posted: Wed Jan 29, 2014 6:28 pm Post subject: |
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| rk_a2003 wrote: | "....just for info, s&p made a new high 74 times last year after breaching previous one successfully the first time."
You expect the same feet by Nifty.... of course it's quite possible once Election uncertainty is behind us. Where do you get such data?...It's quite interesting.....74 times ..[color=red]Is this number indicating the uncertainty and volatility also?.[/color] |
your query not clear, RK. and about data, I always keep my ears to ground. |
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rk_a2003
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Joined: 21 Jan 2010
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| Post: #475 Posted: Wed Jan 29, 2014 6:41 pm Post subject: |
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| vinay28 wrote: | | rk_a2003 wrote: | "....just for info, s&p made a new high 74 times last year after breaching previous one successfully the first time."
You expect the same feet by Nifty.... of course it's quite possible once Election uncertainty is behind us. Where do you get such data?...It's quite interesting.....74 times ..[color=red]Is this number indicating the uncertainty and volatility also?.[/color] |
your query not clear, RK. and about data, I always keep my ears to ground. |
It's OK, don't bother about the query. |
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vinay28
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Joined: 24 Dec 2010
Posts: 11748
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| Post: #476 Posted: Wed Jan 29, 2014 6:56 pm Post subject: |
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| rk_a2003 wrote: | | vinay28 wrote: | | rk_a2003 wrote: | "....just for info, s&p made a new high 74 times last year after breaching previous one successfully the first time."
You expect the same feet by Nifty.... of course it's quite possible once Election uncertainty is behind us. Where do you get such data?...It's quite interesting.....74 times ..[color=red]Is this number indicating the uncertainty and volatility also?.[/color] |
your query not clear, RK. and about data, I always keep my ears to ground. |
It's OK, don't bother about the query. |
pl feel free rk. I have really not understood its meaning? Unless what you are implying is that 74 times new high implies uncertainty volatility? If so, I don't think so, considering that there are about 260 working days. IF it goes up every day, it is a new high every day, that's all. By the way, I heard it but not verified it. |
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rk_a2003
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Joined: 21 Jan 2010
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| Post: #477 Posted: Wed Jan 29, 2014 7:18 pm Post subject: |
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| Thanks Vinay,You answered my query. |
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apka
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Joined: 13 Dec 2011
Posts: 6137
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| Post: #478 Posted: Wed Jan 29, 2014 7:33 pm Post subject: |
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did you see european markets and rupee fut now?
wtf?
i mean why the fall? |
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vinay28
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Joined: 24 Dec 2010
Posts: 11748
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| Post: #479 Posted: Wed Jan 29, 2014 7:35 pm Post subject: |
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| apka wrote: | did you see european markets and rupee fut now?
wtf?
i mean why the fall? |
fomc jitters. wait till eod of their market. |
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apka
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Joined: 13 Dec 2011
Posts: 6137
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| Post: #480 Posted: Wed Jan 29, 2014 7:40 pm Post subject: |
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| vinay28 wrote: | | apka wrote: | did you see european markets and rupee fut now?
wtf?
i mean why the fall? |
fomc jitters. wait till eod of their market. |
from +110 to -180 DAX ... hope nifty gives such an excitement tomorrow. |
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