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Nifty View - June Series 2014 |
rameshraja Expert
Joined: 24 Nov 2006 Posts: 1121
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Post: #106 Posted: Sun Jun 15, 2014 12:11 pm Post subject: |
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On Monday, Nifty Future can be shorted on pullback between 7620 to 7640 with Stop at 7686 for TGT of 7500 - 7320 - 7285 for swing trade.. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #107 Posted: Sun Jun 15, 2014 12:24 pm Post subject: |
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rameshraja wrote: | On Monday, Nifty Future can be shorted on pullback between 7620 to 7640 with Stop at 7686 for TGT of 7500 - 7320 - 7285 for swing trade.. |
thank you Mr Raja |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #108 Posted: Mon Jun 16, 2014 9:33 pm Post subject: |
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rameshraja wrote: | On Monday, Nifty Future can be shorted on pullback between 7620 to 7640 with Stop at 7686 for TGT of 7500 - 7320 - 7285 for swing trade.. |
Mr. Raja
Is it valid for Tuesday also.
As it is likely to move around these levels, tomorrow.
Thanks |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #109 Posted: Mon Jun 16, 2014 9:35 pm Post subject: |
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Today's NR pattern formation is various indices
NS - NR7
NF - NR7
BN - None
BNF - NR4
So trade accordingly |
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rameshraja Expert
Joined: 24 Nov 2006 Posts: 1121
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Post: #110 Posted: Mon Jun 16, 2014 10:52 pm Post subject: |
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Saumya
Yes .. |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #111 Posted: Mon Jun 16, 2014 11:03 pm Post subject: |
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Thanks Mr Raja
I am also looking into a bearish pattern above 7590 NF |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #112 Posted: Mon Jun 16, 2014 11:15 pm Post subject: |
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vinay28 wrote: | amitagg wrote: | if u were aware so would the big guns like you also.... why now..,...crisis etc just excuse....market moves on numbers.....and number was 7670..... |
if market moved only on numbers, everyone who followed them will never go wrong, which unfortunately is not the reality. |
Everyone in icharts just posts numbers. Not news. Any news backing the numbers? Only few forums give news which how will impact market nobody can foretell. It's very obvious and ain't a point of debate. People who get their numbers wrong or trade wrongly using the right numbers lose, and very few who have it both right win the game!!!!! |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #113 Posted: Tue Jun 17, 2014 2:36 pm Post subject: |
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rameshraja wrote: | On Monday, Nifty Future can be shorted on pullback between 7620 to 7640 with Stop at 7686 for TGT of 7500 - 7320 - 7285 for swing trade.. |
Mr Raja, 7686 is instantaneous or 60tf close? |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #114 Posted: Tue Jun 17, 2014 4:24 pm Post subject: |
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two European funds bought 300m$ worth of nifty stocks, banks and oil&gas stocks today. |
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #115 Posted: Tue Jun 17, 2014 4:29 pm Post subject: |
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vinay28 wrote: | rameshraja wrote: | On Monday, Nifty Future can be shorted on pullback between 7620 to 7640 with Stop at 7686 for TGT of 7500 - 7320 - 7285 for swing trade.. |
Mr Raja, 7686 is instantaneous or 60tf close? | .
Vinay.wat do u feel. abt this.Taken a short at 7660 |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #116 Posted: Tue Jun 17, 2014 5:04 pm Post subject: |
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vishyvaranasi wrote: | vinay28 wrote: | rameshraja wrote: | On Monday, Nifty Future can be shorted on pullback between 7620 to 7640 with Stop at 7686 for TGT of 7500 - 7320 - 7285 for swing trade.. |
Mr Raja, 7686 is instantaneous or 60tf close? | .
Vinay.wat do u feel. abt this.Taken a short at 7660 |
me 2 vishy though I have hedged a bit. incidentally about 7650NS is a fibo retracement level while about 7642 is a TL resistance. so I feel one should keep 10-15 points above 7650. matches with Mr Raja's level.
tmrw mcx may be at least 10% up. |
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #117 Posted: Tue Jun 17, 2014 5:08 pm Post subject: |
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vinay28 wrote: | vishyvaranasi wrote: | vinay28 wrote: | rameshraja wrote: | On Monday, Nifty Future can be shorted on pullback between 7620 to 7640 with Stop at 7686 for TGT of 7500 - 7320 - 7285 for swing trade.. |
Mr Raja, 7686 is instantaneous or 60tf close? | .
Vinay.wat do u feel. abt this.Taken a short at 7660 |
me 2 vishy though I have hedged a bit. incidentally about 7650NS is a fibo retracement level while about 7642 is a TL resistance. so I feel one should keep 10-15 points above 7650. matches with Mr Raja's level.
tmrw mcx may be at least 10% up. | .
Thnx vinay.So 7665 NS lvl is ur SL |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #118 Posted: Tue Jun 17, 2014 5:19 pm Post subject: |
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vishyvaranasi wrote: | Thnx vinay.So 7665 NS lvl is ur SL |
appx yes vishy. however, the line joining two shoulders is at about 7675 and hence I may just pull it a bit longer. see chart attached |
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chandrujimrc Brown Belt
Joined: 21 Apr 2009 Posts: 1683
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Post: #119 Posted: Tue Jun 17, 2014 7:26 pm Post subject: |
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Dear Vinay,
I have seen one +WW in your chart with tgt of 7700. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #120 Posted: Tue Jun 17, 2014 7:33 pm Post subject: |
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chandrujimrc wrote: | Dear Vinay,
I have seen one +WW in your chart with tgt of 7700. |
dear chandru, there are plenty of +WWs giving 7676/7720 and much more than 7800 and 8000 but things must take their due course. for your info, there is also a -ww still active, which can give 6800+.
I still feel pre-budget rally is over even if nifty makes a high>7000. We may see a -ve div then also. We will know in a few days. I do recognise that liquidity is maddening. That's why I am trading in small qty of options.
incidentally, let's see what Fed does today. A little bird told me that (rumour) Fed may increase rate. |
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