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Nifty View - July Series |
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #136 Posted: Tue Jul 08, 2014 11:38 am Post subject: |
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Mr PK,
Long time u stopped posting the famour Miner's projections...which u started since 6400, 6800, 7500 etc......
Pls post this time....take 7800 for time being [ not necessarily the final high this month] as the high....
Rgs |
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #137 Posted: Tue Jul 08, 2014 1:01 pm Post subject: |
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bring SL to 7787... and hold...
riteshucha wrote: | 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: #138 Posted: Tue Jul 08, 2014 1:03 pm Post subject: |
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doneeeeee
riteshucha wrote: | bring SL to 7787... and hold...
riteshucha wrote: | 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: #139 Posted: Tue Jul 08, 2014 1:04 pm Post subject: |
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damn it missed by 1 point again....
riteshucha wrote: | 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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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #140 Posted: Tue Jul 08, 2014 1:12 pm Post subject: |
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keep these levels too in mind...
riteshucha wrote: | 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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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #141 Posted: Tue Jul 08, 2014 1:15 pm Post subject: |
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reverse buy done for 25 points....
done for the day!!!!
riteshucha wrote: | doneeeeee
riteshucha wrote: | bring SL to 7787... and hold...
riteshucha wrote: | 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: #142 Posted: Tue Jul 08, 2014 2:09 pm Post subject: |
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aa gaya 7706... TSL now 7771... if not today, we shld see 7673 or there abouts... also note there is a gap of 7662 to be filled...of 1st july...
riteshucha wrote: | keep these levels too in mind...
riteshucha wrote: | 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: #143 Posted: Tue Jul 08, 2014 2:35 pm Post subject: |
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vinay28 wrote: | 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. |
at last the evening star gave its effect. |
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #144 Posted: Tue Jul 08, 2014 3:06 pm Post subject: |
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woooohoooooo... all tgts done for today!!!!!!!!
riteshucha wrote: | aa gaya 7706... TSL now 7771... if not today, we shld see 7673 or there abouts... also note there is a gap of 7662 to be filled...of 1st july...
riteshucha wrote: | keep these levels too in mind...
riteshucha wrote: | 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: #145 Posted: Tue Jul 08, 2014 3:20 pm Post subject: |
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Gap at 7634 filled up. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #146 Posted: Tue Jul 08, 2014 3:20 pm Post subject: |
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sold my puts and bought small calls |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #147 Posted: Tue Jul 08, 2014 3:32 pm Post subject: |
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biggest fall in nifty in 10 months and in mid caps in 5 years. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #148 Posted: Tue Jul 08, 2014 4:00 pm Post subject: |
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vinay28 wrote: | apka wrote: | adding to the interesting quotient here's weekly candle peak in oct 2010 comparison to last few weeks. |
that's what I meant, apka. thanks. But the main difference is that, in Nov '10, nifty was trying to make a new high while, now, it is already well past that. However, volume and rsi are similar. |
The fall hinted by apka's chart of 5/7 came about. Here's a chart showing likely levels if low was not already made today. The middle line gives target of a likely -WW. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #149 Posted: Tue Jul 08, 2014 4:43 pm Post subject: |
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hmmm... the -ww on daily chart didn't make a 5th point.. which should come around 7860 or so... |
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #150 Posted: Tue Jul 08, 2014 5:04 pm Post subject: |
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as per one theory, i remember JT mentioning that, normally on days like this (a huge fall), there a substantial gap between close/low & Avg.. like today low of 7620.85/7648.75 close & Avg - 7724...
normally one can attempt buy next morning (arnd 9.30 - 9.45 )... NF might attempt to reach near abt the avg price i.e 7724..
will look to buy tomm arnd 7621 / 7616 / 7595...
rest will trade as per my levels generated post 9.30 am...
lets see a cheeky way to make gains, (if and only if that happens... ) |
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