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Nifty View- May 2013 |
apka Black Belt
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Joined: 13 Dec 2011 Posts: 6137
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Post: #601 Posted: Mon May 20, 2013 8:24 pm Post subject: |
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I had posted weekly and daily charts of VIX last month - 6th april, which showed positive divergence in RSI and MACD. That VIX was near 13-14.
But because VIX is not traded, its a measure of the traded Index Options... I dont think it's rise can be ascertained as an effective result due the positive divergence.
As a possibility, it's already headed from the levels of 13-14 to going up to recent 18.40+ to 20-21 ..... based on the divergences.
It has a weekly breakout by closing above 16.
How are you getting 22-23, any supportive charts? |
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beowulf White Belt
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Joined: 18 Aug 2010 Posts: 163
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Post: #602 Posted: Mon May 20, 2013 8:32 pm Post subject: |
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apka wrote: |
How are you getting 22-23, any supportive charts? |
I just 'eyeballed' the chart I saw, so my 22-23 might actually be a 21-22 if correct lines are drawn... |
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vinay28 Black Belt
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Joined: 24 Dec 2010 Posts: 11748
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Post: #603 Posted: Mon May 20, 2013 8:37 pm Post subject: |
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a +ww in vix gives 23.50 as of now. Also, a sort of Bowtie (20/50/200 sma converging) occured on 30/04 and implies that vix will move up (or down) sharply and violently with very big moves. |
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apka Black Belt
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Joined: 13 Dec 2011 Posts: 6137
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Post: #604 Posted: Mon May 20, 2013 8:49 pm Post subject: |
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vinay28 wrote: | a +ww in vix gives 23.50 as of now. Also, a sort of Bowtie (20/50/200 sma converging) occured on 30/04 and implies that vix will move up (or down) sharply and violently with very big moves. |
for some reason, ur timing of posts or the knowledge at the indecisive time you pronounce.....i feel the same feel which fox mulder and dana scully gave during the episodes of X-Files. |
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vinay28 Black Belt
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Joined: 24 Dec 2010 Posts: 11748
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Post: #605 Posted: Mon May 20, 2013 9:12 pm Post subject: |
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apka wrote: | vinay28 wrote: | a +ww in vix gives 23.50 as of now. Also, a sort of Bowtie (20/50/200 sma converging) occured on 30/04 and implies that vix will move up (or down) sharply and violently with very big moves. |
for some reason, ur timing of posts or the knowledge at the indecisive time you pronounce.....i feel the same feel which fox mulder and dana scully gave during the episodes of X-Files. |
I didn't understand what you were trying to imply, apka.
By the way, such a bowtie occured in nifty in June'12 and rest is history. It was posted in icharts that time. BUT bowtie can also work reverse though I feel vix may go up this time, over time of course.
Bowtie guarantees big moves and is a very rarely discused formation. |
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apka Black Belt
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Joined: 13 Dec 2011 Posts: 6137
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Post: #606 Posted: Mon May 20, 2013 9:22 pm Post subject: |
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sorry I have no idea why I said that.... was watching old episode of X-files and  |
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vinay28 Black Belt
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Joined: 24 Dec 2010 Posts: 11748
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Post: #607 Posted: Mon May 20, 2013 9:23 pm Post subject: |
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apka wrote: | sorry I have no idea why I said that.... was watching old episode of X-files and  |
come on, I won't be upset. Surely you thought of something?  |
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apka Black Belt
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Joined: 13 Dec 2011 Posts: 6137
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Post: #608 Posted: Mon May 20, 2013 9:27 pm Post subject: |
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I surely did...just can't recollect what...but the truth is out there  |
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apka Black Belt
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Joined: 13 Dec 2011 Posts: 6137
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Post: #609 Posted: Tue May 21, 2013 10:50 am Post subject: |
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 |
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SP50 Brown Belt
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Joined: 26 Nov 2010 Posts: 1615
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Post: #610 Posted: Tue May 21, 2013 10:51 am Post subject: |
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apka wrote: |  |
What happened?  |
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apka Black Belt
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Post: #611 Posted: Tue May 21, 2013 10:53 am Post subject: |
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SP50 wrote: | apka wrote: |  |
What happened?  |
i am shocked to see i wrote about VIX last night with no typos and all clear posts |
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pkholla Black Belt
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Joined: 04 Nov 2010 Posts: 2890
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Post: #612 Posted: Tue May 21, 2013 10:58 am Post subject: |
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apka wrote: | sorry I have no idea why I said that.... was watching old episode of X-files and  |
Apka, Apka, Apka! Bar bar bolo, fir bhi... No intra day or daily only weekly on Friday evening. Or the truth which is out there, on IC charts, will elude you! Prakash Holla |
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SP50 Brown Belt
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Joined: 26 Nov 2010 Posts: 1615
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Post: #613 Posted: Tue May 21, 2013 10:58 am Post subject: |
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apka wrote: | SP50 wrote: | apka wrote: |  |
What happened?  |
i am shocked to see i wrote about VIX last night with no typos and all clear posts |
U wrote it on the other thread. |
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SP50 Brown Belt

Joined: 26 Nov 2010 Posts: 1615
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Post: #614 Posted: Tue May 21, 2013 10:59 am Post subject: |
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pkholla wrote: | apka wrote: | sorry I have no idea why I said that.... was watching old episode of X-files and  |
Apka, Apka, Apka! Bar bar bolo, fir bhi... No intra day or daily only weekly on Friday evening. Or the truth which is out there, on IC charts, will elude you! Prakash Holla |
hangover!!!! |
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vinay28 Black Belt
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Joined: 24 Dec 2010 Posts: 11748
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Post: #615 Posted: Tue May 21, 2013 10:59 am Post subject: |
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apka wrote: | i am shocked to see i wrote about VIX last night with no typos and all clear posts |
have one more peg on me and it will come back to you but I am entitled to an explanation!
by the way vix high of 18.02 after opening at 17.11. |
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