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Nifty View - June 2013 |
SP50 Brown Belt
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Joined: 26 Nov 2010 Posts: 1615
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Post: #646 Posted: Fri Jun 14, 2013 6:09 pm Post subject: |
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vinay28 wrote: | vinay28 wrote: | vix refusing to drop below 18.38. |
at last 18.38 and 18.21 broken. |
I think it made a low of 17.67 bang on opening today. Is this due to the gap up opening? |
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vinay28 Black Belt
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Joined: 24 Dec 2010 Posts: 11748
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Post: #647 Posted: Fri Jun 14, 2013 6:41 pm Post subject: |
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SP50 wrote: | I think it made a low of 17.67 bang on opening today. Is this due to the gap up opening? |
you should not count that as there is no trade that time for its value to be calculated accurately. |
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pkholla Black Belt
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Joined: 04 Nov 2010 Posts: 2890
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Post: #648 Posted: Fri Jun 14, 2013 8:06 pm Post subject: |
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SP50 wrote: | Axis 1300 ke upar kyun nehi ja raha hai. |
SP/ Tax: Congrats on promotion. Prakash Holla |
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saumya12 Brown Belt
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Joined: 21 Dec 2011 Posts: 1509
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Post: #649 Posted: Fri Jun 14, 2013 8:20 pm Post subject: |
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pkholla wrote: |
SP/ Tax: Congrats on promotion. Prakash Holla |
Congrats
We want to see you soon with black.  |
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saumya12 Brown Belt
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Joined: 21 Dec 2011 Posts: 1509
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Post: #650 Posted: Fri Jun 14, 2013 8:53 pm Post subject: |
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pkholla wrote: | saumya12 wrote: | Prakash At present bulls and bears have a neck to neck fight to capture the market. And whoever wins will take the market to his side |
Saumya: U mentioned chart reading. Can we have your chart from where you predicted BD/BO? Thnx in advance. Prakash Holla
(and please continue posting your excellent WW based predictions in NF!) |
Yes Prakash,
Here it is
It is a part of BB chart 5 min TF (or it could be any TF)
Whenever in BB chart, you find such a shape which resembles Dolphins snout, it will end with a BO/BD |
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apka Black Belt
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Joined: 13 Dec 2011 Posts: 6137
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Post: #651 Posted: Fri Jun 14, 2013 9:56 pm Post subject: |
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congrats SP50
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14/6/13: DII: +910.62
13/6/13: DII: +713Cr
12/6/13: DII: +717Cr
11/6/13: DII: +313Cr
7/6/13 : DII: +172Cr
6/6/13 : DII: +298Cr
31/5/13: DII: +203Cr
DII still accumulating, now between 5700-5800  |
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vinay28 Black Belt
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Joined: 24 Dec 2010 Posts: 11748
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Post: #652 Posted: Fri Jun 14, 2013 10:12 pm Post subject: |
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apka wrote: | congrats SP50
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14/6/13: DII: +910.62
13/6/13: DII: +713Cr
12/6/13: DII: +717Cr
11/6/13: DII: +313Cr
7/6/13 : DII: +172Cr
6/6/13 : DII: +298Cr
31/5/13: DII: +203Cr
DII still accumulating, now between 5700-5800  |
FII figure is still ve at about -310 cr. |
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vinay28 Black Belt
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Joined: 24 Dec 2010 Posts: 11748
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Post: #653 Posted: Fri Jun 14, 2013 10:33 pm Post subject: |
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Nifty for Monday (17/06/13)
Supports are at about 5798 and 5707 while resistances are at about 5850, 5878 and 5932. Previous higher levels to watch are 5913/64. Two gaps are at 5878 and 5729. Five likely +WWs can give about 5825, 5934 (once above 5825), 5970/5994 (once above 5813) and 5986 (once above 5847) (+WWs with higher targets are not mentioned as of now). Three likely -WWs can give about 5799, 5761 (once below 5791) and 5753 (once below 5777) (-WWs with lower targets are not mentioned presently). Two falling channels seem to have broken out and can give 5972/6130 unless nifty goes down again.
Nifty rose sharply to close above 5800, above the last three day's close and also above 200 sma as indicated by Thursday's NR7 day. Nifty also closed above 34 ema on weekly basis. However, weekly chart still shows bearishness. Futher strength will be indicated if Monday closes above 5815 and next week closes above 5840. Also, if June closes above 5893, monthly candle will be a hammer, which may counter May's inverted hammer. However, bullishness may come only if three consequative days close above 5860 as it may negate the large and complex HnS, which has caused the severe fall in recent past and which is threatening much lower levels. VIX and PCR are still high and can cause sharp volatility. Monday being RBI policy day, trade carefully. Only global cues and/or liquidity can take nifty further up |
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apka Black Belt
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Joined: 13 Dec 2011 Posts: 6137
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Post: #654 Posted: Sat Jun 15, 2013 12:26 pm Post subject: |
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crude going up - how does it generally affect world markets and nifty? if crude goes up, does reliance stock go up on its effect? like with japan yen maruti goes up? |
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vinay28 Black Belt
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Joined: 24 Dec 2010 Posts: 11748
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Post: #655 Posted: Sat Jun 15, 2013 2:10 pm Post subject: |
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apka wrote: | crude going up - how does it generally affect world markets and nifty? if crude goes up, does reliance stock go up on its effect? like with japan yen maruti goes up? |
crude is in a dicey situation apka. How it moves will depend on immediate trend in world economies and hence in commodities. Even if RIL is going to be benefitted, it won't go up much if equity markets fall. Also, cairn may benefit more. |
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chandrujimrc Brown Belt
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Joined: 21 Apr 2009 Posts: 1683
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Post: #656 Posted: Sat Jun 15, 2013 3:17 pm Post subject: |
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Dear friends,
One small observation.Courtesy to one of my friend.Whenever Nifty spot RSI comes arround 25-30 region we will get 300-400 points rally.If not dont worry it will form little bit lower bottom again rally will be there. |
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vinay28 Black Belt
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Joined: 24 Dec 2010 Posts: 11748
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Post: #657 Posted: Sat Jun 15, 2013 4:37 pm Post subject: |
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A few days ago, FIIs sold to the tune of 1200cr. Most of it was in writing pe and ce (I think 5700pe & 5800ce) . The total that day was 120. So break even of it comes to around 5920. Hence we may see present rally upto that max. unless they now add fresh longs. |
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saumya12 Brown Belt
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Joined: 21 Dec 2011 Posts: 1509
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Post: #658 Posted: Sun Jun 16, 2013 11:56 pm Post subject: |
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chandrujimrc wrote: | Dear friends,
One small observation.Courtesy to one of my friend.Whenever Nifty spot RSI comes arround 25-30 region we will get 300-400 points rally.If not dont worry it will form little bit lower bottom again rally will be there. |
The RSI recent bottom was around 30 last week (on 13.6.13).
Is it sufficient enough or we are going to see a lower value than 30 on Monday itself |
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saumya12 Brown Belt
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Joined: 21 Dec 2011 Posts: 1509
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Post: #659 Posted: Mon Jun 17, 2013 12:14 am Post subject: |
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Will someone please tell me
When is the FOMC next meet.
This week or next week |
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amexhui White Belt
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Joined: 26 May 2009 Posts: 45
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Post: #660 Posted: Mon Jun 17, 2013 8:25 am Post subject: |
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FOMC meet is this week .. 2 day event starts 18th and ends with the FOMC statement on 19th
saumya12 wrote: | Will someone please tell me
When is the FOMC next meet.
This week or next week |
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