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Nifty View - November Series 2013 |
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #121 Posted: Fri Nov 15, 2013 11:38 pm Post subject: |
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saumya12 wrote: | saumya12 wrote: | TOPI to Nifty again.
Inverted CnH in 15 min TF |
Posting chart of 14.11.13.
Though NF didnt moved as thought on 14.11. for the target.
But it has completed the pattern.
So, any move below 6025 may not be good for bulls |
if it breaks thursday's high, like the sgx is suggesting, then i guess pattern fails? |
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thalapathy White Belt
Joined: 04 Mar 2013 Posts: 27
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Post: #122 Posted: Sat Nov 16, 2013 6:13 pm Post subject: deleted |
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deleted.
Last edited by thalapathy on Sat Nov 16, 2013 10:54 pm; edited 1 time in total |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #123 Posted: Sat Nov 16, 2013 9:05 pm Post subject: |
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apka wrote: | saumya12 wrote: | saumya12 wrote: | TOPI to Nifty again.
Inverted CnH in 15 min TF |
Posting chart of 14.11.13.
Though NF didnt moved as thought on 14.11. for the target.
But it has completed the pattern.
So, any move below 6025 may not be good for bulls |
if it breaks thursday's high, like the sgx is suggesting, then i guess pattern fails? |
Right
If NS crosses 6100 then this pattern (ICnH) will fail |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #124 Posted: Sat Nov 16, 2013 9:12 pm Post subject: |
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But I have noticed that around 6090-6110, is a very strong resistance zone for now, and NIFTY must open, on Monday, above this resistance zone, for any up movement. |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #125 Posted: Mon Nov 18, 2013 10:46 am Post subject: |
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IMO, we can see either side movement soon
Till now NF moving in a symm triangle, 5 min tf
15 min tf asc triangle formation
15 min tf master candle formation
This further confirms either side strong move, on breaking HOD/LOD |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #126 Posted: Mon Nov 18, 2013 1:23 pm Post subject: |
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vinay28 wrote: | apka wrote: | Sgx Nifty Future
6085.00 Up 53.00 Up 0.87%
will it gap up and sustain? |
if it goes up 300-400 points in 4 days then only it will be a decisive reversal. About 6140 is first crucial level. |
180 points in <2 days and holding above 6140 so far! |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #127 Posted: Mon Nov 18, 2013 7:13 pm Post subject: |
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vinay28 wrote: | if it goes up 300-400 points in 4 days then only it will be a decisive reversal. About 6140 is first crucial level. |
180 points in <2>200 points in 2 days. Now to see how much more it gives in next 2 days. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #128 Posted: Mon Nov 18, 2013 7:30 pm Post subject: |
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updated chart of NF |
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #129 Posted: Mon Nov 18, 2013 7:38 pm Post subject: |
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vinay28 wrote: | vinay28 wrote: | if it goes up 300-400 points in 4 days then only it will be a decisive reversal. About 6140 is first crucial level. |
180 points in <2>200 points in 2 days. Now to see how much more it gives in next 2 days. |
FII's net value is +1158 crores today.It could be 2000 tomorrow and they are net buyers during this entire correction period. No immediate tapering assurance by FED. Rupee appreciation.......What Nifty is going to do Vinay?
A bright chance for your decisive reversal to become true.As you said these 2 days could be make or brake. |
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #130 Posted: Mon Nov 18, 2013 8:04 pm Post subject: |
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saumya12 wrote: | But I have noticed that around 6090-6110, is a very strong resistance zone for now, and NIFTY must open, on Monday, above this resistance zone, for any up movement. |
Nifty moved as per your commandment Saumya,it opened at 6111 and registered a low at 6110+. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #131 Posted: Tue Nov 19, 2013 12:11 am Post subject: |
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FNO setup is suggesting this upmove will continue. |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #132 Posted: Tue Nov 19, 2013 12:46 am Post subject: |
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rk_a2003 wrote: | saumya12 wrote: | But I have noticed that around 6090-6110, is a very strong resistance zone for now, and NIFTY must open, on Monday, above this resistance zone, for any up movement. |
Nifty moved as per your commandment Saumya,it opened at 6111 and registered a low at 6110+. |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #133 Posted: Tue Nov 19, 2013 12:52 am Post subject: |
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Just a word of caution
There are bearish bat and bearish AB=CD patterns, in NIFTY FUT, in 30 minutes time frames
and
bearish crab and bearish AB=CD patterns, in NIFTY FUT, in 15 minutes time frames |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #134 Posted: Tue Nov 19, 2013 1:02 am Post subject: |
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15 min TF chart |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #135 Posted: Tue Nov 19, 2013 7:57 am Post subject: |
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thanks saumya.
what downside targets are derived from these patterns? and crossing of what level fails them? |
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