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Nifty View - July '15 Series |
riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
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Post: #76  Posted: Fri Jul 10, 2015 3:08 pm Post subject: |
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done... hoping for it to close above 8405
or atleast last trade above 8405
| riteshucha wrote: | bought at 8355 target new high... SAR 8326
sustaining above 8405 can take it to 8437 |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #77 Posted: Fri Jul 10, 2015 3:13 pm Post subject: |
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| riteshucha wrote: | done... hoping for it to close above 8405
or atleast last trade above 8405
| riteshucha wrote: | bought at 8355 target new high... SAR 8326
sustaining above 8405 can take it to 8437 |
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that's why I admire you....few well thought out posts....
by the way JT levelS were
- 1) above 8370 NS.....lower buy level
- 2) 8383 NS ......
and your method
- candle high which takes pivot (8350NS)....3)
so how did u BUY earlier.....very curious |
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riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
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| Post: #78 Posted: Fri Jul 10, 2015 3:24 pm Post subject: |
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as per JT's crossing 8369 was buy, with SL of 8326... todays low was 8326.05... came close but never broke that...
secondly, one hour candle on SGX had a Pin bar with high of 8356.50... moment it crossed, became buy with days low as SL...
NF sstill not out of the woods.... needs to atleast cross 8441 on monday for any meaningfull recovery, otherwise 8180 looks certain for now....
ritesh
| amitagg wrote: | | riteshucha wrote: | done... hoping for it to close above 8405
or atleast last trade above 8405
| riteshucha wrote: | bought at 8355 target new high... SAR 8326
sustaining above 8405 can take it to 8437 |
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that's why I admire you....few well thought out posts....
by the way JT levelS were
- 1) above 8370 NS.....lower buy level
- 2) 8383 NS ......
and your method
- candle high which takes pivot (8350NS)....3)
so how did u BUY earlier.....very curious |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #79 Posted: Fri Jul 10, 2015 6:32 pm Post subject: |
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| yes thanks. 8073 'opportunist' target likely to come. with some support of 8160-8180. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #80 Posted: Fri Jul 10, 2015 9:00 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 Monday (13/07/15) and beyond
Supports are at about 8351, 8337, 8324, 8287, 8258 and 8227 while resistances are at about 8387/94, 8413, 8445 and 8464. 200/100 dma is at about 8385/8458. Four +WWs can give about 8402/27 (if above 8305) and 8457/8509 (if above 8326) (+WWs with higher targets are not mentioned as of now). A -WW can give 8200 (-WWs with lower targets are not mentioned as of now). An IHnS can give at least 8890 if nifty goes and sustains above 8570.
Nifty fell to make a lower low but recovered to close above 8350 but again below 200 dma thereby giving a bearish tone. Daily candle is a hammer while weekly candle is an inverted hammer, both with good volume and thus give conflicting signals. However, money flow on both has turned +ve. Also, the is a +ve and bullish div on lower tf continues and we may see some recovery for a few days. Unless it closes above 8398, it will not go up further. If it closes below 8318, it may fall more. Friday was a NR6 day and we may a big range on Monday. Global and local eco-political events can have a bearing on how nifty moves in short term. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #81 Posted: Fri Jul 10, 2015 9:05 pm Post subject: |
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| Nifty has been hovering in these broadening wedges with false break outs and break downs. Now sustaining below 8293 or above 8380 will give crucial signals. Upper levels are 8600+ above which only before break out can happen. |
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swamy@20
White Belt
Joined: 26 Mar 2012
Posts: 17
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #83 Posted: Sun Jul 12, 2015 8:46 am Post subject: |
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Why is this a scam? I don't get the mentality of most traders when they complain like they are being ripped off. It's simple business since it is paid for, even being a small trader I am saying this.
The persons who pay for Business Class get better room, food & service compared to Economy class even though it's the same airplane. Same goes for Sleeper coach and AC Coach in a train. It's applicable everywhere in life.
If you work for a company, you are bound to get inside information on it prior to outsiders. You will act on it by buying or selling a stock, we should call that a scam too then.
The live stream cricket on your TV is a 8 second delayed feed from actual event. Obviously those of who have paid extra to sit and watch there get the benefit over others. It's business, not a scam. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #84 Posted: Sun Jul 12, 2015 8:50 am Post subject: |
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Article very interesting to read
How does this article even in a very minuscule manner would benefit small traders (including same as ourselves) I totally fail to understand for two reasons. ( I assume by traders it is meant people with smaller buy-sell horizons since all including so-called investors do buy-sell in different timeframes basis their analysis )
- one, inspite of this they would either continue to be in market and if in market they are open to predators
- two, if out of market , again it benefits ( or vice versa one loses all benefits of being in market) depending upon how one perceives it individually
So of if in market without a mere increase in realisation of market pitfalls, unless one shores up the return risk trade off one cannot step up a ladder.
Regards |
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swamy@20
White Belt
Joined: 26 Mar 2012
Posts: 17
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| Post: #85 Posted: Sun Jul 12, 2015 9:37 am Post subject: |
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| Amitagg - fir the benefit of small trades I meant that let them be aware of the present situation - none is going to stop trading but atleast they will be aware of the content in the article |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #86 Posted: Sun Jul 12, 2015 10:59 am Post subject: |
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swamy, I am aware of it but we need to see market reaction on Monday to know how serious it is as I haven't been able to fathom it yet. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #87 Posted: Mon Jul 13, 2015 11:42 am Post subject: |
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Here's a post I have been making every year around this time.
According to an observation made based on astronomy (based on sun's transit and NOT astrology) ), high/low of period 13/7 to 26/7 each year is vital. Break out/down in any direction gives good gains till 14/1 of next year i.e. 14/01/16 now. 12-90% gain has been seen in previous 10 years. Gains are high on second break out/down if first break down/out is false.
Let's track high/low of this period. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #88 Posted: Mon Jul 13, 2015 9:39 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 Tuesday (14/07/15) and beyond
Supports are at about 8428, 8412, 8386, 8360, 8346 and 8312 while resistances are at about 8503/10, 8525, 8546, 8577 and 8659. 200/100 dma are at about 8388/8454. Four +WWs can give about 8547, 8570 and 8606/30 (+WWs with higher targets are not mentioned as of now). A -WW can give 8439 (-WWs with lower targets are not mentioned as of now). An IHnS can give at least 8895 if nifty goes and sustains above 8575.
Nifty rose sharply to close above 8550 and also above 100 dma and suddenly looks bullish. It must break above 8562 and also close above 8523 to maintain bullish tone. If it closes at/below 8444, it may fall more. Global and local eco-political events can have a bearing on how nifty moves in short term. |
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riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
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| Post: #89 Posted: Tue Jul 14, 2015 10:32 am Post subject: |
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SPOT and NF both open high same...
longs SAR 8441 for today... needs to cross 8483 for further upmove |
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #90 Posted: Tue Jul 14, 2015 11:52 am Post subject: Greek enigma! |
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Once again, the Greece problem has been kicked down the road. Once again no real solution, only bandaid to stop bleeding from cancer wound! But this may suffice to send NF into orbit (9200? 9600? by July end) as foretold by some experts here in IC
NM injection zinda baad
Euro bandaid treatment long life
Now waiting for soothing voices from China top management + QE Peking shtyle! Xi Jin Ping amar rahe!
Sabh kuch maya hai, bhai! But its OK as long as we dont fool ourselves by taking it seriously
Cheers, Prakash Holla |
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