| View previous topic :: View next topic |
| Author |
Nifty View- May 2013 |
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
Post: #811  Posted: Tue May 28, 2013 3:22 pm Post subject: |
 |
|
| riteshucha wrote: | hourly SGX chart june series suggesting an "ABANDONED BABY bearish" pattern.. and reliability given is HIGH..
not sure though... this is just for info.. |
what if nifty abandons sgx baby?  |
|
| Back to top |
|
 |
|
|
|
rsnerella
White Belt
Joined: 30 Jul 2008
Posts: 153
|
| Post: #812 Posted: Tue May 28, 2013 3:23 pm Post subject: Nifty View- May 2013 |
|
|
| vinay28 wrote: | | riteshucha wrote: | hourly SGX chart june series suggesting an "ABANDONED BABY bearish" pattern.. and reliability given is HIGH..
not sure though... this is just for info.. |
what if nifty abandons sgx baby? |
|
|
| Back to top |
|
|
SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
|
| Post: #813 Posted: Tue May 28, 2013 3:23 pm Post subject: |
|
|
| vinay28 wrote: | | riteshucha wrote: | hourly SGX chart june series suggesting an "ABANDONED BABY bearish" pattern.. and reliability given is HIGH..
not sure though... this is just for info.. |
what if nifty abandons sgx baby? |
Koi to utha lega,
|
|
| Back to top |
|
|
pcman262
White Belt
Joined: 15 May 2013
Posts: 16
|
| Post: #814 Posted: Tue May 28, 2013 3:36 pm Post subject: |
|
|
Let us take the baby for Everest ride for next few days before coming to base camp  |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #815 Posted: Tue May 28, 2013 3:37 pm Post subject: |
|
|
| vinay28 wrote: | | riteshucha wrote: | hourly SGX chart june series suggesting an "ABANDONED BABY bearish" pattern.. and reliability given is HIGH..
not sure though... this is just for info.. |
what if nifty abandons sgx baby? |
can you post hourly and eod chart? |
|
| Back to top |
|
|
pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
|
| Post: #816 Posted: Tue May 28, 2013 5:06 pm Post subject: |
|
|
| vinay28 wrote: | | riteshucha wrote: | | hourly SGX chart june series "ABANDONED BABY bearish" pattern.. reliability HIGH.... |
what if nifty abandons sgx baby? |
Hai Ram! Fir tho internasional insidaint ban jayega! If Japanese adopt it, then doesnt it become Harami!?! What will this be? Bulllish, bearish or sideways? Prakash Holla |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #817 Posted: Tue May 28, 2013 5:32 pm Post subject: |
|
|
| pkholla wrote: | | vinay28 wrote: | | riteshucha wrote: | | hourly SGX chart june series "ABANDONED BABY bearish" pattern.. reliability HIGH.... |
what if nifty abandons sgx baby? |
Hai Ram! Fir tho internasional insidaint ban jayega! If Japanese adopt it, then doesnt it become Harami!?! What will this be? Bulllish, bearish or sideways? Prakash Holla |
there is always a remand home for them! |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #818 Posted: Tue May 28, 2013 7:18 pm Post subject: |
|
|
The movements feel like transition for long term trend is going on.
The volatility happening up and down is due to long and short exits. They are brief and neither side has the upper hand for expiry as per FNO.
Puts have also seen shedding of OI, calls have also seen shedding OI, fut has shedded OI today and rollover has been done over to June series. VIX has also gone down from 19.xx to 17.xx
Even though 6100pe May has added 10 lakh shares today - total being 54 lakh but 6000pe has shedded OI of over 8 lakh - total being now at 71 lakh. So, it's still a mixed bag, no clear sign of trend resistence or support from FNO. And FNO is changing on day to day basis. |
|
| Back to top |
|
|
rsnerella
White Belt
Joined: 30 Jul 2008
Posts: 153
|
| Post: #819 Posted: Tue May 28, 2013 7:24 pm Post subject: Nifty View- May 2013 |
|
|
| NF OI decreased by 37 lakhs in May series and June increased by 47 lakhs. But surprisingly 6000 CE OI reduced inspite of the price increase today. All other CE OI increased and price also increased. How to infer? |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #820 Posted: Tue May 28, 2013 7:32 pm Post subject: Re: Nifty View- May 2013 |
|
|
| rsnerella wrote: | | NF OI decreased by 37 lakhs in May series and June increased by 47 lakhs. But surprisingly 6000 CE OI reduced inspite of the price increase today. All other CE OI increased and price also increased. How to infer? |
all in the money calls till 6100ce saw short covering rsnerella.
the OI reduction with price reduction suggests short covering, why are you surprised? It's how it should be, the writers closing their positions when movement is against their expectation in order to reduce or book loss.
All CE whose OI increased is out of the money that is 6200ce and above. That is just gamble buying at lower prices by some people. Whether or not we cross is a different issue.
The total OI is not standing strong on either of the strikes in May series to infer anything as per me. |
|
| Back to top |
|
|
rsnerella
White Belt
Joined: 30 Jul 2008
Posts: 153
|
| Post: #821 Posted: Tue May 28, 2013 7:41 pm Post subject: Re: Nifty View- May 2013 |
|
|
Ooops I am mentioning about 6000 CE June series. Is it behaved in right way compare to other CE of June series?
| apka wrote: | | rsnerella wrote: | | NF OI decreased by 37 lakhs in May series and June increased by 47 lakhs. But surprisingly 6000 CE OI reduced inspite of the price increase today. All other CE OI increased and price also increased. How to infer? |
all in the money calls till 6100ce saw short covering rsnerella.
the OI reduction with price reduction suggests short covering, why are you surprised? It's how it should be, the writers closing their positions when movement is against their expectation in order to reduce or book loss.
All CE whose OI increased is out of the money that is 6200ce and above. That is just gamble buying at lower prices by some people. Whether or not we cross is a different issue.
The total OI is not standing strong on either of the strikes in May series to infer anything as per me. |
|
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #822 Posted: Tue May 28, 2013 7:41 pm Post subject: |
|
|
apka, OI reduction with price reduction implies long covering and not short covering.
who bought 6200ce when it was <2 yesterday?  |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #823 Posted: Tue May 28, 2013 7:44 pm Post subject: |
|
|
| vinay28 wrote: | apka, OI reduction with price reduction implies long covering and not short covering.
who bought 6200ce when it was <2 yesterday? |
right vinay, i typed coherently that day, but today i make typos
today was OI reduction and price increase.
Last edited by apka on Tue May 28, 2013 7:47 pm; edited 1 time in total |
|
| Back to top |
|
|
rsnerella
White Belt
Joined: 30 Jul 2008
Posts: 153
|
| Post: #824 Posted: Tue May 28, 2013 7:45 pm Post subject: Nifty View- May 2013 |
|
|
May be it is you 
Me not
| vinay28 wrote: | apka, OI reduction with price reduction implies long covering and not short covering.
who bought 6200ce when it was <2 yesterday? |
|
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #825 Posted: Wed May 29, 2013 8:25 am Post subject: |
|
|
| PCR up at 1.25 and VIX up at 17.12. If you are long, better to hedge, at least partially. |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
