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NIFTY VIEW - November |
apka
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Joined: 13 Dec 2011
Posts: 6137
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Post: #106  Posted: Wed Nov 07, 2012 1:43 pm Post subject: |
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| psalm wrote: | | apka wrote: | | hmm, comparing the calls and puts being written... 5800pe is being written with big quantities, lesser contracts. |
Are you saying that few hands are writing more PUTs???.. |
not about few hands, it means the writers must be confident of getting a lower price to cover their shorts ion 5800pe, they are freely writing with 5k-10k quanties. Its reflecting in the trading "best sell qty" also.
5930-5950 would be 78.6% fibonnici retracement level from 6338 -> 4531.
78.6% is respected and not breach at one go nrmlly, if it does then its upto bulls where to stop next. |
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apka
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Joined: 13 Dec 2011
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| Post: #107 Posted: Wed Nov 07, 2012 1:45 pm Post subject: |
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| stevenmat wrote: | that being said...i think we will never take out 6300..atleast for the next few years..
i've squared off my puts... |
if we head to 6300 in a orderly cup formation manner as we are for the moment (from nov 2010 on weekly chart), then handle will give us atleast 1000+ points upto 7300 in next 12-24 months. |
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #108 Posted: Wed Nov 07, 2012 1:50 pm Post subject: |
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| apka wrote: | | stevenmat wrote: | that being said...i think we will never take out 6300..atleast for the next few years..
i've squared off my puts... |
if we head to 6300 in a orderly cup formation manner as we are for the moment (from nov 2010 on weekly chart), then handle will give us atleast 1000+ points upto 7300 in next 12-24 months. |
The fact that Ben Bernanke will get to stay on as FED chairman with Obama being reelected,more QE"s in sight and every country trying their best to devalue their currency and no shortfall of cash 7300 can be reached 2013-14 itself..  |
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vinay28
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Joined: 24 Dec 2010
Posts: 11748
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| Post: #109 Posted: Wed Nov 07, 2012 1:59 pm Post subject: |
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| there is CnH on daily chart also. after dec more money will be released under QE |
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saumya12
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Joined: 21 Dec 2011
Posts: 1509
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| Post: #110 Posted: Wed Nov 07, 2012 2:07 pm Post subject: |
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| vinay28 wrote: | | there is CnH on daily chart also. after dec more money will be released under QE |
CnH, today when, which TF
It was last week in 1 hr TF, I posted here. |
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pkholla
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Joined: 04 Nov 2010
Posts: 2890
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| Post: #111 Posted: Wed Nov 07, 2012 2:09 pm Post subject: |
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| taxmann50 wrote: | | The fact that Ben Bernanke will get to stay on as FED chairman with Obama being reelected, more QEs in sight and every country trying their best to devalue their currency and no shortfall of cash, 7300 can be reached 2013-14 itself.. |
If that happens, as is likely, I will rename my recycle bin as Obanke in honor of the 2 outstanding gentlemen who made it possible for me to finally empty it! Prakash Holla |
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apka
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Joined: 13 Dec 2011
Posts: 6137
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| Post: #112 Posted: Wed Nov 07, 2012 2:10 pm Post subject: |
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| vinay28 wrote: | | there is CnH on daily chart also. after dec more money will be released under QE |
ok. here's the weekly. |
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rakpeds
White Belt
Joined: 24 Jun 2012
Posts: 481
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| Post: #113 Posted: Wed Nov 07, 2012 2:13 pm Post subject: |
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| pkholla wrote: | | taxmann50 wrote: | | The fact that Ben Bernanke will get to stay on as FED chairman with Obama being reelected, more QEs in sight and every country trying their best to devalue their currency and no shortfall of cash, 7300 can be reached 2013-14 itself.. |
If that happens, as is likely, I will rename my recycle bin as Obanke in honor of the 2 outstanding gentlemen who made it possible for me to finally empty it! Prakash Holla |
pk bhai.. no offence.. but what is the equaity value u had bought at such high levels that nifty near its previous high but not emptying.. hehehe
btw 5800 CE PE is becoming more interesting.... looks next few days will be around this range ... or we already have formed double top at 5818 level which is near to previous high .... |
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apka
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Joined: 13 Dec 2011
Posts: 6137
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| Post: #114 Posted: Wed Nov 07, 2012 2:18 pm Post subject: |
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| apka wrote: | | my inner mathmetician saying 5630 broke and we went about 47 points down, so shall we rise 47 points if 5730 breaks. |
nifty high 5777.30
cough |
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pkholla
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Joined: 04 Nov 2010
Posts: 2890
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| Post: #115 Posted: Wed Nov 07, 2012 2:21 pm Post subject: |
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rakpeds bhai: no offense taken for straightforward query! You know that not all shares take part in rally ALONGSIDE NF, some r faster, some same speed, some slower, some zombie, some murda.
So I'm guessing that finally by 7300 all my birla, resurgr, kutta, billi, gadhdha, bhains, dukkar will sell at/ above PP!!! Jai Hind, Prakash Holla
Last edited by pkholla on Wed Nov 07, 2012 2:28 pm; edited 1 time in total |
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #116 Posted: Wed Nov 07, 2012 2:22 pm Post subject: |
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| Premium is going out of the roof for next couple of months nifty future... |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #117 Posted: Wed Nov 07, 2012 7:06 pm Post subject: |
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| pkholla wrote: | rakpeds bhai: no offense taken for straightforward query! You know that not all shares take part in rally ALONGSIDE NF, some r faster, some same speed, some slower, some zombie, some murda.
So I'm guessing that finally by 7300 all my birla, resurgr, kutta, billi, gadhdha, bhains, dukkar will sell at/ above PP!!! Jai Hind, Prakash Holla |
birla cotsyn, resurge mines ?
dunno about birla but resurge mines seems like a dead story like cals ref...fcs software...thinksoft |
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rakpeds
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Joined: 24 Jun 2012
Posts: 481
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| Post: #118 Posted: Wed Nov 07, 2012 7:12 pm Post subject: |
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| so finally world markets bleeding... any reason guys ? |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #119 Posted: Wed Nov 07, 2012 7:25 pm Post subject: |
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| rakpeds wrote: | | so finally world markets bleeding... any reason guys ? |
i wont call it bleeding...
DAX on weekly chart has formed a flag pattern, ready to move up or down from next week atleast 500 points. and also given a monthly falling channel breakout. |
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vinay28
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Joined: 24 Dec 2010
Posts: 11748
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| Post: #120 Posted: Wed Nov 07, 2012 7:45 pm Post subject: |
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| I am hoping for 5730/11 again.......tmrw |
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