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Nifty View - March Series 2014 |
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #31 Posted: Mon Mar 03, 2014 9:14 pm Post subject: |
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vinay28 wrote: | apka wrote: | vinay28 wrote: | I feel range for march is 5980-6500 while till June it could be 5000-7200.
Don't ask why. |
why can't I ask why |
'cos, you can not ask questions if you visit only once a week and you will get a stupid answer. Anyway, the latter is a wild guess, though based on my reading of vix and keeping in mind elections in May. |
I didn't even ask why yet.
I was being cheeky, though I got much depends on the election outcome and things that build up this year. I suppose both side ends are open due to elections. It's going to be anybody guess this time.
I am wondering how opening of trading VIX is going to affect the options in May series. The VIX is right now quiet low. Once buying starts late april-may, VIX could go to double the levels also. What could be the best way to hedge for election, to make $, I am wondering. |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #32 Posted: Mon Mar 03, 2014 9:17 pm Post subject: |
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saumya12 wrote: | Vinay
Thanks for Nifty for Monday
Can you please post the charts or details (tf and points 1 and 2) of these +wws.
Thanks |
I know, you wont reply this time also, like my previous post, that remain unreplied.
So, not asking
Either for chart or details (tf and points 1 and 2) of the +wws of Tuesdays report.
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #33 Posted: Mon Mar 03, 2014 9:26 pm Post subject: |
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saumya12 wrote: | saumya12 wrote: | Vinay
Thanks for Nifty for Monday
Can you please post the charts or details (tf and points 1 and 2) of these +wws.
Thanks |
I know, you wont reply this time also, like my previous post, that remain unreplied.
So, not asking
Either for chart or details (tf and points 1 and 2) of the +wws of Tuesdays report.
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saumya, I told you last time that I just find the points and note down targets. I don't draw charts or points. So searching for them is always hell for me. It's not that I don't like (to reply to) you. let me try |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #34 Posted: Mon Mar 03, 2014 9:31 pm Post subject: |
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ok saumya, I have combined them and hence all are not easily visible. |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #35 Posted: Mon Mar 03, 2014 9:46 pm Post subject: |
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vinay28 wrote: | ok saumya, I have combined them and hence all are not easily visible. |
Thanks
I will try to draw on my charts.
But what about my other post of 21.13 hrs |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #36 Posted: Mon Mar 03, 2014 9:51 pm Post subject: |
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saumya12 wrote: | vinay28 wrote: | I feel range for march is 5980-6500 while till June it could be 5000-7200.
Don't ask why. |
Okay, wont ask why
I think, I know the answer.
But curious to know,
It is 5000 - 7200 or it will be 7200 - 5000
Just in simple terms
First 7200 then 5000
OR
First 5000 then 7200 |
if war in Ukraine goes out of control, we may see 5200 in march itself. otherwise, if all ends well and 6170 holds, I am still looking at 6400+ in march |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #37 Posted: Mon Mar 03, 2014 10:10 pm Post subject: |
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saumya12 wrote: | As mentioned in previous post, Nifty though moved out of Kumo and made a high of 6282.7 but could not sustain at higher levels and LTP as on 28.2.14 was 6269.2 just below the resistance line.
Now, though Chikou also has crossed out of the Kumo but is still below the resistance level of 6270 and price line.
The second sign of bullishness has also appeared, Tenkan sen has crossed the Kijun sen from below. So let us see what happens next.
But, unless Nifty crosses the resistance levels of 6270 - 6294 on closing basis, it can not move to new higher levels.
Further, if Nifty reverts from the present level or not able to cross above mentioned resistance levels, then can falls upto 6200 (Kumo lower level) or further lower levels in near future.
Resistance levels 6270/5 - 6294 - 6320 - 6350
Support levels 6260 - 6245- 6220 - 6200/6195 - 6171 |
As feared, Nifty tried but failed to sustain above 6271 and fell down.
LTP was 6217.55
For tomorrow,
If Nifty remains below 6220 and breaks the Senkou sen support (a major support) then more fall can be seen
The resistance and support levels are
Resistance levels 6220 - 6245 - 6260 - 6270/5 - 6294
Support levels 6200/6195 - 6171 - 6132 - 6090 |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #38 Posted: Tue Mar 04, 2014 9:16 am Post subject: |
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Freak NF level of 5630 |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #39 Posted: Tue Mar 04, 2014 9:38 am Post subject: |
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vinay28 wrote: | Freak NF level of 5620 |
I had posted on 4th Jan about extreme levels of NF as 5630/6850 during a dummy trading that day. Today's low 5620. |
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #40 Posted: Tue Mar 04, 2014 9:50 am Post subject: |
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vinay28 wrote: | vinay28 wrote: | Freak NF level of 5620 |
I had posted on 4th Jan about extreme levels of NF as 5630/6850 during a dummy trading that day. Today's low 5620. |
Yes ,I see it as today's opening as well as low in the terminal .But failed to trace it in tick list. As per tick the opening was 6239 possibly that could be the low too. For all practical purposes we should consider this figure. |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #41 Posted: Tue Mar 04, 2014 10:15 am Post subject: |
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rk_a2003 wrote: | vinay28 wrote: | vinay28 wrote: | Freak NF level of 5620 |
I had posted on 4th Jan about extreme levels of NF as 5630/6850 during a dummy trading that day. Today's low 5620. |
Yes ,I see it as today's opening as well as low in the terminal .But failed to trace it in tick list. As per tick the opening was 6239 possibly that could be the low too. For all practical purposes we should consider this figure. |
You might have missed that tick, like me.
Mine first tick is 9.15.02 and 6244 |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #42 Posted: Tue Mar 04, 2014 10:50 am Post subject: |
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how do you see/get the tick? |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #43 Posted: Tue Mar 04, 2014 10:57 am Post subject: |
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vinay28 wrote: | how do you see/get the tick? |
For me
It is from ami |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #44 Posted: Tue Mar 04, 2014 11:34 am Post subject: |
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The resilience nifty is showing to Europe cracking is amazing |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #45 Posted: Tue Mar 04, 2014 11:58 am Post subject: |
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apka wrote: | The resilience nifty is showing to Europe cracking is amazing |
Bull trap? 1330 ya 1430 ko SAR?
Cheers, Prakash Holla
Last edited by pkholla on Tue Mar 04, 2014 11:59 am; edited 1 time in total |
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