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Nifty View - March Series 2014 |
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #226 Posted: Tue Mar 18, 2014 5:38 pm Post subject: |
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vinay28 wrote: | amitagg wrote: | vinay28 wrote: | updated chart. looks like back to square one after a false break out? |
my reading tell me it is purely a retrace...markets behaving fantastically for bulls......after a strong unexpected upmove. we are witnessing only a sideways consolidation.....
your lower channel suport should be held for this view to remain...for very short term.......
i am only looking for buy opportunities.....
short sellers would again be trapped.... |
though lower levels posted earlier are still valid, it will be one way up if tmrw makes a higher low, say, 6511NS |
the overseas markets are strong and Sgx is up.....markets importantly held the bottom of the channel drawn in your chart and shall rise above 6603 to make and IH&S...... |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #227 Posted: Wed Mar 19, 2014 1:38 pm Post subject: |
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Vix is not rising and indicates some complacency for the bulls...... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #228 Posted: Wed Mar 19, 2014 1:54 pm Post subject: |
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amitagg wrote: | Vix is not rising and indicates some complacency for the bulls...... |
a break above 17.50 is required for a BO in nifty |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #229 Posted: Wed Mar 19, 2014 2:34 pm Post subject: |
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vinay28 wrote: | amitagg wrote: | Vix is not rising and indicates some complacency for the bulls...... |
a break above 17.50 is required for a BO in nifty |
it can be today...i am seeing sudden 50 point rise or fall which is difficult to capture...i went long at 6566 and trailed SL to 6515.....lets see |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #230 Posted: Wed Mar 19, 2014 3:05 pm Post subject: |
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amitagg wrote: | vinay28 wrote: | amitagg wrote: | Vix is not rising and indicates some complacency for the bulls...... |
a break above 17.50 is required for a BO in nifty |
it can be today...i am seeing sudden 50 point rise or fall which is difficult to capture...i went long at 6566 and trailed SL to 6515.....lets see |
6512NF is one of the targets |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #231 Posted: Wed Mar 19, 2014 3:22 pm Post subject: |
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A possible NR7 day today, Inside Bar, consolidation for the last few days, FOMC, Yellen, Crimea etc etc.....expect an explosive day tomorrow |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #232 Posted: Wed Mar 19, 2014 3:37 pm Post subject: |
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vinay28 wrote: | A possible NR7 day today, Inside Bar, consolidation for the last few days, FOMC, Yellen, Crimea etc etc.....expect an explosive day tomorrow |
yes and why would the bulls give up the charge when the uncertain outcomes / polls etc are far by....they just want that we do not profit in the rise.....
see that despite the rise from 5933.....hardly 10-20 points fall / static is Nifty.....it should only denote "strength" if we see "pure price action".....
also on the day 6420 was touched few days back....the upmove next day or so had similar volumes.....so the fall was engineering to weed out the longs.....
just a thought!!! |
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mikky Green Belt
Joined: 16 Feb 2014 Posts: 1442
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Post: #233 Posted: Wed Mar 19, 2014 5:23 pm Post subject: |
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before breaking 6415, NIFTY remains in trading range for 4 more day after completing NR7 if m not wrong.... just a information |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #234 Posted: Wed Mar 19, 2014 6:49 pm Post subject: |
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if this is true ad then ..... |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #235 Posted: Wed Mar 19, 2014 7:06 pm Post subject: |
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vinay28 wrote: | if this is true ad then ..... |
cant see cuz its small, unclickable. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #236 Posted: Wed Mar 19, 2014 7:20 pm Post subject: |
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apka wrote: | vinay28 wrote: | if this is true ad then ..... |
cant see cuz its small, unclickable. |
it's fake because it says "our new boeing 777" and shows a 4 engine jet while 777 is twin engine.
Otherwise it also says "loose yourself on a journey of epic proportions" and "wherever you go, no one will ever know". |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #237 Posted: Wed Mar 19, 2014 7:28 pm Post subject: |
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similar patterns on nifty |
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chandrujimrc Brown Belt
Joined: 21 Apr 2009 Posts: 1683
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Post: #238 Posted: Thu Mar 20, 2014 1:18 pm Post subject: |
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From here nifty where will go?up or down?God only knows. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #239 Posted: Thu Mar 20, 2014 1:23 pm Post subject: |
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chandrujimrc wrote: | From here nifty where will go?up or down?God only knows. |
true man.....i am wanting to pull it up since the buy levels "are still" more clear.... therefore it is going down |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #240 Posted: Thu Mar 20, 2014 1:32 pm Post subject: |
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chandrujimrc wrote: | From here nifty where will go?up or down?God only knows. |
as long as it doesn't sustain below 6488NF, looks like up only. FIIs have buy orders for today also. |
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