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Nifty View - July Series |
riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #286 Posted: Thu Jul 17, 2014 10:25 am Post subject: |
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bnf intra
Buy At 15360.67. Target = 15468.19. Stoploss = 15237.78464
Sell At 15175.33. Target = 15069.10. Stoploss = 15296.73264 |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #287 Posted: Thu Jul 17, 2014 10:41 am Post subject: |
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can some expert explain the foll:
right now (1039 am)
BNS= 15242, BNF-1m =15266, premium 1m = 24
BNF-2m= 15370, premium 2m= 128
current expiry is itself a long one so what is going on??
prakash holla |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #288 Posted: Thu Jul 17, 2014 10:57 am Post subject: |
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pkholla wrote: | can some expert explain the foll:
right now (1039 am)
BNS= 15242, BNF-1m =15266, premium 1m = 24
BNF-2m= 15370, premium 2m= 128
current expiry is itself a long one so what is going on??
prakash holla |
IMHO, it may mean a fall is imminent |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #289 Posted: Thu Jul 17, 2014 11:40 am Post subject: |
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vinay28 wrote: | pkholla wrote: | can some expert explain the foll:
right now (1039 am)
BNS= 15242, BNF-1m =15266, premium 1m = 24
BNF-2m= 15370, premium 2m= 128
current expiry is itself a long one so what is going on??
prakash holla |
IMHO, it may mean a fall is imminent |
Thanks |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #290 Posted: Thu Jul 17, 2014 1:39 pm Post subject: |
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pkholla wrote: | can some expert explain the foll:
right now (1039 am)
BNS= 15242, BNF-1m =15266, premium 1m = 24
BNF-2m= 15370, premium 2m= 128
current expiry is itself a long one so what is going on??
prakash holla |
i think it means further movement is dependant on spot/equity buying selling. Unwillingness to make fresh shorts or longs.
Aug 5 is rbi policy day |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #291 Posted: Thu Jul 17, 2014 2:04 pm Post subject: |
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apka wrote: | pkholla wrote: |
BNS= 15242, BNF-1m =15266, premium 1m = 24
BNF-2m= 15370, premium 2m= 128
prakash holla |
i think it means further movement is dependant on spot/equity buying selling. Unwillingness to make fresh shorts or longs. Aug 5 is rbi policy day |
Thanks. So we also have to follow a "wait and see"/ "play safe" strategy. Prakash Holla |
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #292 Posted: Thu Jul 17, 2014 4:20 pm Post subject: |
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levels for tomm, ignore intra posted earlier...
Nifty daily. 17.07.2014
Buy At 7685.31. Target = 7739.10. Stoploss = 7623.82256
Sell At 7617.60. Target = 7564.27. Stoploss = 7678.53576
BNF daily 17.07.2014
Buy At 15426.45. Target = 15534.44. Stoploss = 15303.0384
Sell At 15081.60. Target = 14976.03. Stoploss = 15202.2528 |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #293 Posted: Thu Jul 17, 2014 7:27 pm Post subject: |
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Why nifty must sustain above about 7710. If it fails, then a breach of 7400 may mean about 6968 posted earlier. |
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Just Trade Brown Belt
Joined: 15 Nov 2007 Posts: 2388
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Post: #294 Posted: Thu Jul 17, 2014 7:35 pm Post subject: |
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Vinay Bang On.
This also falls in line with August levels.
I see Nifty coming to a BUY only above 7717 and SELL below 7628
Cheers
JT
vinay28 wrote: | Why nifty must sustain above about 7710. If it fails, then a breach of 7400 may mean about 6968 posted earlier. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #295 Posted: Thu Jul 17, 2014 8:02 pm Post subject: |
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Just Trade wrote: | Vinay Bang On.
This also falls in line with August levels.
I see Nifty coming to a BUY only above 7717 and SELL below 7628
Cheers
JT
vinay28 wrote: | Why nifty must sustain above about 7710. If it fails, then a breach of 7400 may mean about 6968 posted earlier. |
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wow, JT, an approval from you is very encouraging indeed. thanks. your levels above (7717/7628) are NF for august or july? |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #296 Posted: Thu Jul 17, 2014 8:14 pm Post subject: |
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NR patterns formed today
NS, NF, BN - NR7
BNF - NR7 and IB
So tomorrow could be a day of high volatility
Trade with caution. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #297 Posted: Thu Jul 17, 2014 8:20 pm Post subject: |
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Nifty for Friday (18/07/14)
Supports are at about 7620, 7585-73, 7557 and 7513 while resistances are at about 7658-65, 7695-7700-06-10, 7718-24, 7737 and 7789. Previous high is at about 7731 and a lower unfilled gap is at about 7526. 10/20 dma is at about 7601/7592. A +WW can give about 7743 (+WWs with higher targets are not mentioned as of now). Three -WWs can give about 7612 (once below 7650), 7588 (once below 7656) and 7529 (once below 7608) (-WWs with much lower targets are not mentioned as of now). BO of an AT can give about 7665.
Nifty rose to close above 7600 and also above 10/20 dma again and appears to be bullish. However, a mild -ve div has appeared on lower tf and can cause reversal upto about 7580-70. A close below 20/10 dma may cause further fall. A close above 7710 may mean further rise but only a new high will ensure further rally. Thursday was a NR7 day and we may see a big range on Friday. VIX can cause wild intraday swings, this being a long expiry. At the same time, liquidity is still abundant and one needs to be careful. Market will continue to dance to FIIs' whims and fancies. |
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Just Trade Brown Belt
Joined: 15 Nov 2007 Posts: 2388
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Post: #298 Posted: Thu Jul 17, 2014 8:36 pm Post subject: |
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Hi Vinay
These levels will be applicable once July contract is over.
By the way I just saw the number of posts you have posted is a staggering 9200 plus which returns an average of 7 posts a day Commitment and Passion Redifined
All The Best & Happy Trading
Regards
JT
vinay28 wrote: | Just Trade wrote: | Vinay Bang On.
This also falls in line with August levels.
I see Nifty coming to a BUY only above 7717 and SELL below 7628
Cheers
JT
vinay28 wrote: | Why nifty must sustain above about 7710. If it fails, then a breach of 7400 may mean about 6968 posted earlier. |
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wow, JT, an approval from you is very encouraging indeed. thanks. your levels above (7717/7628) are NF for august or july? | |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #299 Posted: Thu Jul 17, 2014 8:43 pm Post subject: |
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Just Trade wrote: | Hi Vinay
These levels will be applicable once July contract is over.
By the way I just saw the number of posts you have posted is a staggering 9200 plus which returns an average of 7 posts a day Commitment and Passion Redifined
All The Best & Happy Trading
Regards
JT |
I wonder how many of 9700+ posts were useful. may be <0.1%, if any. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #300 Posted: Thu Jul 17, 2014 9:24 pm Post subject: |
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another Malaysian airline flight crashes near Ukraine
could be a missile hit with the ongoing conflict.... is this why suddenly US & European markets have tanked? |
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