iCharts Discussions

[JANKI18]

[vinay28]

[apka]

[saumya12]

What happened to the thread.

Only 13 posts on 25th, out of which 12 were between Vinay and AJ
None yesterday and none today

Is every one soooo busy OR some other reason

[sanjayojha]

[saumya12]

[apka]

he probably is joking that people are away and busy working like you so they also get promotion

[amitagg]

That's because of many reasons

- people have their own thread and post nifty views in those threads ( except Ritesh whose recommendations were missing)
- dynamite may and should open his thread shortly
- people unlike me refrain from posting in individual threads though they may differ in views, basis past practice/ protocol
- I am not considering only 'passive readers' here
- RRK have reduced his posts
- somehow nifty views will also be scattered though they were supposed to be at one place as Vinay has been doing
- not sure what is best practice or solution
- many are busy testing their systems
- many actually believe that basis their TA methodology they can trade and need time for trade execution studies etc during trade hours and find difficult to post ( May also be reducing looking at others posts since whichever way if their system is giving profit, no need to search for ideas and confuse)
- some may be feel what's logic is commenting always when others shall challenge the views ( though the more elonged discussion shall always bring some further insights- recent being on the fii data )
- as Umesh often remarks just keep following your developed method and profits come regularly

point is to increase knowledge and methods and since we all need mentors to take us to the other side and since markets are always evolving, we need to be part of a very active and robust forum and help the fraternity ( many have already done that and they should be allowed to make others independent by themselves)

It's good to see new people joining the forum and would encourage others too to have their views felt

[apka]

sweet moses, didnt realise the depth of the question.

[amitagg]

[vinay28]

stop wasting time and go back to your job. work hard like saumya!

[vinay28]

Nifty for Monday (28/07/14)

Supports are at about 7775-65-55-45, 7697 and 7625 while resistances are at about 7805-12, 7845-53 and 7873. A lower unfilled gap is at about 7684. Two +WWs can give about 7849 (once above 7773) and 7852 (once above 7748) (+WWs with higher targets are not mentioned as of now). Two -WWs can give about 7705 and 7659 (-WWs with much lower targets are not mentioned as of now).

Nifty fell after making a new high and closed below 7800 and seems uncertain. Daily candle is bearish engulfing previous two candles and last two candles also look like tweezer tops. In addition, weekly candle is like an evening star and will confirmed if nifty closes well below 7663 next week, preferably after a gap down open. The -ve div persists on daily and weekly charts. Last week was a NR4 week and we may big range this week. About 7868NF is a crucial level and has to be taken out for further rise. A breach of 7750 again and a close below 7705 may cause further fall. At the same time, liquidity juggernaut continues to roll and one needs to be careful. Being a truncated expiry week, we could see wild intraday swings.

[pkholla]

[I will soon be inside a bar]
[wah wah]
Later on, "break- out" or "break-down"?

[vinay28]

[apka]

hey, get back to work!