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Nifty View - November Series 2013 |
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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Post: #76  Posted: Sun Nov 10, 2013 2:28 pm Post subject: |
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| vinay28 wrote: | | apka wrote: | this week bearish engulfing weekly candles on both Nifty & Bank Nifty.
and highlighting when big red candles form after a white cadle, downside prevails further. |
apka, it is not so on spot charts. In fact, nifty weekly has an inside bar or a harami, if you may. |
I am confused. The one I posted is of spot levels in both Nifty and bank nifty.. You are saying inside bar or harami  |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #77 Posted: Sun Nov 10, 2013 7:17 pm Post subject: |
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| Updated version of chart posted over 2 weeks ago. As per this, nifty may go down further to about 6079 (coincidentally previous pivot was 6079) before reversing to go to about 6250. If it doesn't break out above that, about 5650 looks possible, which is drawn from previous low of about 5319 and not 5119, which will mean another about 200 lower. |
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suresh12313
White Belt
Joined: 07 May 2013
Posts: 89
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| Post: #78 Posted: Mon Nov 11, 2013 7:44 am Post subject: |
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| vinay28 i had no intention to hurt you pl do not have strong feeling it is just interaction of views.you are doing well therefore you are black belt. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #79 Posted: Mon Nov 11, 2013 8:34 am Post subject: |
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| suresh12313 wrote: | | vinay28 i had no intention to hurt you pl do not have strong feeling it is just interaction of views.you are doing well therefore you are black belt. |
you have not hurt me but others who have been successful by rightly predicting trend over days to come quite correctly and consistently for years. And not just in icharts but elsewhere also.
black belt has nothing to do with doing well or being an expert. |
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saumya12
Brown Belt
Joined: 21 Dec 2011
Posts: 1509
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| Post: #80 Posted: Mon Nov 11, 2013 10:01 am Post subject: |
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| suresh12313 wrote: | | trend indicator overlays and special tools gives fairly good forecast.actually you can only say with accuracy what is going to be in next half an hour.again intensity and magnitude may not be same which your mind has mapped.time is essence after that next ladder which may be up or low. |
Nothing against you Suresh.
But you have to prove yourself here in IC forum
So better if you place your views in simple and clear language and not in vague terms.
And it will be even better if you start your own thread and prove your ability as an analyst.
We will certainly like and appreciate a new analyst in our forum |
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #81 Posted: Mon Nov 11, 2013 10:03 am Post subject: |
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| suresh12313 wrote: | | trend indicator overlays and special tools gives fairly good forecast.actually you can only say with accuracy what is going to be in next half an hour.again intensity and magnitude may not be same which your mind has mapped.time is essence after that next ladder which may be up or low. |
Suresh123: Please read what I wrote in Rita Pandit's Nifty Prediction thread. Cheers, Prakash Holla |
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thalapathy
White Belt
Joined: 04 Mar 2013
Posts: 27
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| Post: #82 Posted: Mon Nov 11, 2013 10:10 am Post subject: |
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| people will beleive in color of belts not in technicals.... what to say...? |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #83 Posted: Mon Nov 11, 2013 3:10 pm Post subject: |
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| rupee 63.452 +0.102 (+0.16%) , as expected putting pressure on nifty. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #84 Posted: Mon Nov 11, 2013 3:17 pm Post subject: |
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| apka wrote: | | rupee 63.452 +0.102 (+0.16%) , as expected putting pressure on nifty. |
sorry apka, not being able to be online regularly. I feel first half tmrw will decide. |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #85 Posted: Mon Nov 11, 2013 3:20 pm Post subject: |
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| vinay28 wrote: | | apka wrote: | | rupee 63.452 +0.102 (+0.16%) , as expected putting pressure on nifty. |
sorry apka, not being able to be online regularly. I feel first half tmrw will decide. |
wednesday is SBI Q2 results. Tomorrow expecting 2nd half will be positive and we should go near 6200 NF again (pos div in 5min, 15min charts - new jcharts premium is good). |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #86 Posted: Mon Nov 11, 2013 6:04 pm Post subject: |
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| apka wrote: | | vinay28 wrote: | | apka wrote: | | rupee 63.452 +0.102 (+0.16%) , as expected putting pressure on nifty. |
sorry apka, not being able to be online regularly. I feel first half tmrw will decide. |
wednesday is SBI Q2 results. Tomorrow expecting 2nd half will be positive and we should go near 6200 NF again (pos div in 5min, 15min charts - new jcharts premium is good). |
INR improved after equity market closed. Tmrw is also for inflation nos. |
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suresh12313
White Belt
Joined: 07 May 2013
Posts: 89
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| Post: #87 Posted: Mon Nov 11, 2013 6:38 pm Post subject: |
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| i am new to forum, now i understand there is no relation with belt colour .you all are matured and seasoned i just tried to understand anyway now i am not going to bother you all as new thread as profit corner opened . |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #88 Posted: Mon Nov 11, 2013 9:42 pm Post subject: |
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| suresh12313 wrote: | | i am new to forum, now i understand there is no relation with belt colour .you all are matured and seasoned i just tried to understand anyway now i am not going to bother you all as new thread as profit corner opened . |
issue is about bold and sweeping statements like those you posted. new or old to forum has nothing to do with it.you are free to pst anything in any thread as long as it doesn't confuse others. Good you started your thread. |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #89 Posted: Mon Nov 11, 2013 11:59 pm Post subject: |
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CNX IT weekly chart attached.
It has run from 6600 -> 9000+
If my interpretation of it being a cup n handle (though not perfect) is right, trgt comes near 9520 where it may stop the current rally. |
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thalapathy
White Belt
Joined: 04 Mar 2013
Posts: 27
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| Post: #90 Posted: Tue Nov 12, 2013 12:38 am Post subject: nifty sure short..... |
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| nifty 5900 pe 10 lots bought at rs 13.40 on 7/11/13 and sold 5 lots today at 30.40 (11/11/13)..... |
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