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Nifty View - July 2013 |
apka
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Post: #46  Posted: Wed Jul 03, 2013 11:20 am Post subject: |
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| vinay28 wrote: | | apka wrote: | | vinay28 wrote: | apka, have a look at this data
5800pe is above R3 level while 5900ce is well below S4 level, which is at 206. |
what are the values of R3, S4... and what is 206?
difference is understandable due to positive VIX and negative sentiment in market today. It must vice versa when market opens gap and remains up? |
R3 for 5700pe (5800 I haven't seen lately but CMP is also >R3) is at 59.25 and CMP is 69. R4 is 74.90.
S4 of 5900ce is 206. R4 is 353.
At least this data seems to indicate much higher levels (6100++ or 6200) to come. |
hmm, vinay i am not understanding the interpretation for the rise from it? it may be writing going on and lack of buying in calls?
it would need heavy buying from this point, again nifty fut OI is merely 150 lakhs. |
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vinay28
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| Post: #47 Posted: Wed Jul 03, 2013 11:46 am Post subject: |
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| apka wrote: | hmm, vinay i am not understanding the interpretation for the rise from it? it may be writing going on and lack of buying in calls?
it would need heavy buying from this point, again nifty fut OI is merely 150 lakhs. |
It has nothing to do with writing apka. It's juts that any price "always" reacts from about R4/S4. Then the trend will decide whether it will also go to S4/R4 on the other side. |
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apka
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| Post: #48 Posted: Wed Jul 03, 2013 11:52 am Post subject: |
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| vinay28 wrote: | | apka wrote: | hmm, vinay i am not understanding the interpretation for the rise from it? it may be writing going on and lack of buying in calls?
it would need heavy buying from this point, again nifty fut OI is merely 150 lakhs. |
It has nothing to do with writing apka. It's juts that any price "always" reacts from about R4/S4. Then the trend will decide whether it will also go to S4/R4 on the other side. |
ok, i've not tracked options that way before. |
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vinay28
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| Post: #49 Posted: Wed Jul 03, 2013 12:08 pm Post subject: |
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| apka wrote: | | It has nothing to do with writing apka. It's juts that any price "always" reacts from about R4/S4. Then the trend will decide whether it will also go to S4/R4 on the other side. |
ok, i've not tracked options that way before.[/quote]
not just options, apka. any price |
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vinay28
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| Post: #50 Posted: Wed Jul 03, 2013 12:14 pm Post subject: |
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| Sold my puts at R4 level just to be safe. |
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vinay28
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| Post: #51 Posted: Wed Jul 03, 2013 12:24 pm Post subject: |
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| hopefully vix will peak out <19. Present high 18.78. |
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apka
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| Post: #52 Posted: Wed Jul 03, 2013 12:29 pm Post subject: |
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| vinay28 wrote: | | hopefully vix will peak out <19. Present high 18.78. |
yeh, im watching for 19.03. if crosses then not good. |
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apka
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| Post: #53 Posted: Wed Jul 03, 2013 12:45 pm Post subject: |
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| bank nifty has already breached low of it's white morubozu candle made the other day.. where for nifty it comes at near 5749 |
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vinay28
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| Post: #54 Posted: Wed Jul 03, 2013 1:07 pm Post subject: |
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| apka wrote: | | vinay28 wrote: | | hopefully vix will peak out <19. Present high 18.78. |
yeh, im watching for 19.03. if crosses then not good. |
high of 18.98.  |
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vinay28
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| Post: #55 Posted: Wed Jul 03, 2013 1:37 pm Post subject: |
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| vinay28 wrote: | | apka wrote: | | vinay28 wrote: | | hopefully vix will peak out <19. Present high 18.78. |
yeh, im watching for 19.03. if crosses then not good. |
high of 18.98. |
19.02.  |
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pkholla
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| Post: #56 Posted: Wed Jul 03, 2013 2:16 pm Post subject: |
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| Vinay: Now that VIX has decisively broken 19 what is the best, likeliest and worst that can happen from here to "apro" NF? Prakash Holla |
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vinay28
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| Post: #57 Posted: Wed Jul 03, 2013 2:39 pm Post subject: |
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| pkholla wrote: | | Vinay: Now that VIX has decisively broken 19 what is the best, likeliest and worst that can happen from here to "apro" NF? Prakash Holla |
If NF touches 5860 and then 5851, it may go down further and if it touches 5778 and then 5783, it may go up further. But though vix made a high of 19.11 but nifty didn't make lower lows. So I feel it may go up. |
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vinay28
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| Post: #58 Posted: Wed Jul 03, 2013 2:48 pm Post subject: |
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| vinay28 wrote: | | If NF touches 5860 and then 5851, it may go down further and if it touches 5778 and then 5783, it may go up further. But though vix made a high of 19.11 but nifty didn't make lower lows. So I feel it may go up. |
since 5778 is touched, levels are now 5760/5783. |
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apka
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| Post: #59 Posted: Wed Jul 03, 2013 3:00 pm Post subject: |
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i think we will see another gap down tomorrow and 567x
VIX is near high, shorts have been adding all round and we havent crossed ATP once intraday. |
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vishyvaranasi
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Joined: 11 Jul 2011
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| Post: #60 Posted: Wed Jul 03, 2013 3:08 pm Post subject: |
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[
since 5778 is touched, levels are now 5760/5783.[/quote]
Any new lvls since 5760 broke
Vishy |
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