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Nifty View - July Series |
riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #121 Posted: Mon Jul 07, 2014 12:15 pm Post subject: |
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considering hi - 7810 low - 7784
Buy At 7835.59. Target = 7890.44. Stoploss = 7772.90776
Sell At 7758.41. Target = 7704.10. Stoploss = 7820.47476
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #122 Posted: Mon Jul 07, 2014 12:20 pm Post subject: |
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tgt hit.....
riteshucha wrote: | BNF intra
Buy At 15766.12. Target = 15876.48. Stoploss = 15639.98608
Sell At 15578.89. Target = 15469.83. Stoploss = 15703.51608
interesting BNF is in sell....
trade carefully, today looks very dicy... |
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skr1975 White Belt
Joined: 01 Jul 2014 Posts: 19
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Post: #123 Posted: Mon Jul 07, 2014 1:13 pm Post subject: |
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Thanks Mr Ritesh |
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Ruchirgupta2000 White Belt
Joined: 12 Jun 2014 Posts: 297
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Post: #124 Posted: Mon Jul 07, 2014 2:10 pm Post subject: |
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riteshucha wrote: | vinay / DM, generally what is ideal tgt for a hanging man patten / Gravestone doji pattern...? as in % wise... |
Hi Ritesh, What I have learned from Steve Nison's videos on Youtube says that candle sticks dont give targets but they just tell you the market sentiment. Western technicals such as support/ ressistance/ trendlines fibonaccis are used for the targets..
Hope it is clear.
Regards,
Ruchir |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #125 Posted: Mon Jul 07, 2014 2:27 pm Post subject: |
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Ruchirgupta2000 wrote: | riteshucha wrote: | vinay / DM, generally what is ideal tgt for a hanging man patten / Gravestone doji pattern...? as in % wise... |
Hi Ritesh, What I have learned from Steve Nison's videos on Youtube says that candle sticks dont give targets but they just tell you the market sentiment. Western technicals such as support/ ressistance/ trendlines fibonaccis are used for the targets..
Hope it is clear.
Regards,
Ruchir |
patterns can give targets but these are just candles. |
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #126 Posted: Mon Jul 07, 2014 2:33 pm Post subject: |
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okie... understood... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #127 Posted: Mon Jul 07, 2014 2:44 pm Post subject: |
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looks like daily candle could be evening doji star. |
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #128 Posted: Mon Jul 07, 2014 3:56 pm Post subject: |
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Nifty - as per low - 7760.10 High – 7812.70
Buy At 7846.09. Target = 7901.01. Stoploss = 7783.3188
Sell At 7726.71. Target = 7672.63. Stoploss = 7788.5262
Nifty – as per low of 7773 / High of - 7812.70
Buy At 7824.59. Target = 7879.36. Stoploss = 7761.99576
Sell At 7761.11. Target = 7706.78. Stoploss = 7823.19636
not sure of the freak low of 7760.10, hence taken the next low of the day..
tomm's crucial level on the upside is again 7812 then 7823.. needs to be crossed decisively for any meaningful upside otherwise we might again see a dull day... 7778 on the down side is JT's SAR for longs...
will look to short near to 7823, SL to be decided after 9.30 am once intra levels are generated.... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #129 Posted: Mon Jul 07, 2014 8:45 pm Post subject: |
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Nifty for Tuesday (08/07/14)
Supports are at about 7764, 7748, 7724 and 7681/69 while resistances are at about 7822/31, 7873 and 7908. Three +WWs can give about 7825, 7854 and 7881 (+WWs with higher targets are not mentioned as of now). Two -WWs can give about 7661 (once below 7788) and 7655 (once below 7766) (-WWs with much lower targets are not mentioned as of now). A bullish flag can give higher level unless killed below 7700.
Nifty closed flat after a gap up open but well above 7750. However, daily candle is like an evening star in spite of higher volume. This likely evening star will be confirmed if nifty closes well below 7751, preferably after a gap down open. Monday was a NR4 day and we may see a big move on Tuesday. Also, the -ve div persists on daily and lower TFs. A breach of 7700 may cause more fall. VIX can play spoil sport, this being a long expiry with budget due this week. At the same time, liquidity is still abundant and one needs to be careful. It appears that global and local issues such as oil price, US$ and poor monsoon will decide future of market. |
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dynamite_munda11 Yellow Belt
Joined: 14 Nov 2010 Posts: 681
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Post: #130 Posted: Tue Jul 08, 2014 9:28 am Post subject: nifty fut intraday 08/07/2014 |
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buy above 7809/7810 and sell below 7803
above trgts 7820/7839nd more upside only above 7839 with trgts 7857/7865/7868/7876/7879
below trgts 7792/7773 and more dn side only below 7773 trgts 7755/7748/7744/7737/7733 |
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dynamite_munda11 Yellow Belt
Joined: 14 Nov 2010 Posts: 681
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Post: #131 Posted: Tue Jul 08, 2014 9:41 am Post subject: Re: nifty fut intraday 08/07/2014 |
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dynamite_munda11 wrote: | buy above 7809/7810 and sell below 7803
above trgts 7820/7839nd more upside only above 7839 with trgts 7857/7865/7868/7876/7879
below trgts 7792/7773 and more dn side only below 7773 trgts 7755/7748/7744/7737/7733 |
trgts below 7803 done low of 7775 near 7773 book partial shorts |
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #132 Posted: Tue Jul 08, 2014 9:56 am Post subject: |
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Buy At 7818.67. Target = 7873.40. Stoploss = 7756.12064
Sell At 7794.18. Target = 7739.62. Stoploss = 7856.53344
shorted as mentioned yest at 7812... second one didnt go.... SL now 7819)
will wait for tgt of 7740.10... |
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #133 Posted: Tue Jul 08, 2014 10:02 am Post subject: |
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bank nifty inra
Buy At 15591.46. Target = 15700.60. Stoploss = 15466.72336
Sell At 15428.55. Target = 15320.55. Stoploss = 15551.97336 |
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dynamite_munda11 Yellow Belt
Joined: 14 Nov 2010 Posts: 681
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Post: #134 Posted: Tue Jul 08, 2014 10:02 am Post subject: Re: nifty fut intraday 08/07/2014 |
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dynamite_munda11 wrote: | dynamite_munda11 wrote: | buy above 7809/7810 and sell below 7803
above trgts 7820/7839nd more upside only above 7839 with trgts 7857/7865/7868/7876/7879
below trgts 7792/7773 and more dn side only below 7773 trgts 7755/7748/7744/7737/7733 |
trgts below 7803 done low of 7775 near 7773 book partial shorts |
exit shorts if sustains 7768 nf |
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dynamite_munda11 Yellow Belt
Joined: 14 Nov 2010 Posts: 681
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Post: #135 Posted: Tue Jul 08, 2014 10:21 am Post subject: Re: nifty fut intraday 08/07/2014 |
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dynamite_munda11 wrote: | dynamite_munda11 wrote: | dynamite_munda11 wrote: | buy above 7809/7810 and sell below 7803
above trgts 7820/7839nd more upside only above 7839 with trgts 7857/7865/7868/7876/7879
below trgts 7792/7773 and more dn side only below 7773 trgts 7755/7748/7744/7737/7733 |
trgts below 7803 done low of 7775 near 7773 book partial shorts |
exit shorts if sustains 7768 nf |
long above 7768 |
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