View previous topic :: View next topic |
Author |
NIFTY VIEW - November |
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
|
Post: #16 Posted: Mon Nov 05, 2012 2:26 pm Post subject: |
|
|
vinay28 wrote: | apka, you are new to BiBi? If so be careful! |
no but i wish lol
INR has touched resistence zone as per me 54.50-54.65. It had gone from 55.55 -> 51.42. |
|
Back to top |
|
|
|
|
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
|
Post: #17 Posted: Mon Nov 05, 2012 2:28 pm Post subject: |
|
|
I had read somewhere, in a bull market u rarely see -1% market. Having 2 -1% days would be even more rare. |
|
Back to top |
|
|
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
|
Post: #18 Posted: Mon Nov 05, 2012 2:32 pm Post subject: |
|
|
psalm wrote: | apka wrote: | 5680 being the BB middle point, if close above it, it would be 2nd day above it.. 3rd day could mean testing upper BB... (i am new to BB) |
Even for Bollinger Bands, the upper and lower bands are just 120 points apart...I mean the market is in a tight range.....but some kinda breakout or breakdown could happen when this kinda squeezing happens....on the UP or DOWN???...that's the one to wait for... |
as per yesterdays daily chart BB squeezed to 5609-5748 |
|
Back to top |
|
|
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #19 Posted: Mon Nov 05, 2012 2:40 pm Post subject: |
|
|
apka, DI is on the rise and INR may fall further in which case 5680NS will be broken, if not today tmrw with gap down open |
|
Back to top |
|
|
SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
|
Post: #20 Posted: Mon Nov 05, 2012 3:02 pm Post subject: |
|
|
Cements are strong again and rallying. |
|
Back to top |
|
|
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
|
Post: #21 Posted: Mon Nov 05, 2012 3:25 pm Post subject: |
|
|
guess what, 9th is also SBI's result and with BB squeezed, weekly closing, astrological date... its going to be |
|
Back to top |
|
|
saurabhkurichh White Belt
Joined: 30 Oct 2006 Posts: 127
|
Post: #22 Posted: Tue Nov 06, 2012 9:38 am Post subject: |
|
|
somehow nifty tries to reach the 5720-25 in spot .. but some event marks a backlash.. be it INR or US election or Asian stocks markets mood |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #23 Posted: Tue Nov 06, 2012 9:54 am Post subject: |
|
|
saurabhkurichh wrote: | somehow nifty tries to reach the 5720-25 in spot .. but some event marks a backlash.. be it INR or US election or Asian stocks markets mood |
True....5725-5730 appears to be a very key level....a break above 5725 could give another 60 to 140 points.....so, I'm thinkin about exiting my SHORTs above 5725, while holding my PUTs....let's see... |
|
Back to top |
|
|
SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
|
Post: #24 Posted: Tue Nov 06, 2012 10:05 am Post subject: |
|
|
Asian markets negative yet we are showing strength, |
|
Back to top |
|
|
SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
|
Post: #25 Posted: Tue Nov 06, 2012 10:08 am Post subject: |
|
|
IV of ITM calls slightly higher than the puts, does this implies a slightly negative bias? |
|
Back to top |
|
|
pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
|
Post: #26 Posted: Tue Nov 06, 2012 10:13 am Post subject: |
|
|
Taxmann: 'Liquidity' power! 'FII millions of $' power (need to earn profits and reach home by XMas). 'Chiddu call to action' power (starting next week, PSU sell offs start. Watch the NSE top 5 gainers list for clues. BHEL, BEML, NMDC, ONGC etc will start showing huge volumes indicating the fix is in). Regards, Prakash Holla |
|
Back to top |
|
|
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
|
Post: #27 Posted: Tue Nov 06, 2012 10:13 am Post subject: |
|
|
OI seems to be dropping fast since both OTM ce/pe are going up as NF goes up. IVs have increased by over 20%.
I feel, this week, one shouldn't be fooled by intraday levels, particularly if important levels (5730/5680/5630) are crossed. Better to go by daily close. |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #28 Posted: Tue Nov 06, 2012 10:31 am Post subject: |
|
|
taxmann50 wrote: | IV of ITM calls slightly higher than the puts, does this implies a slightly negative bias? |
Taxmann....I don't have deep knowledge to answer your query regarding the IV....IV is calculated using the black scholes model and involves a lot of parameters like gamma, delta and all. I have little knowledge about them. But theoretically, IV should be the same for the same strike price CALLs and PUTs when the underlying is near the strike price.....having said that, practically, this could vary as well....the factors involving this is beyond my knowledge... ....its better you ask this to ST in his thread in the "Trading Journal" section...he is better equipped to answer that, I feel.... |
|
Back to top |
|
|
SP50 Brown Belt
Joined: 26 Nov 2010 Posts: 1615
|
Post: #29 Posted: Tue Nov 06, 2012 10:41 am Post subject: |
|
|
psalm wrote: | taxmann50 wrote: | IV of ITM calls slightly higher than the puts, does this implies a slightly negative bias? |
Taxmann....I don't have deep knowledge to answer your query regarding the IV....IV is calculated using the black scholes model and involves a lot of parameters like gamma, delta and all. I have little knowledge about them. But theoretically, IV should be the same for the same strike price CALLs and PUTs when the underlying is near the strike price.....having said that, practically, this could vary as well....the factors involving this is beyond my knowledge... ....its better you ask this to ST in his thread in the "Trading Journal" section...he is better equipped to answer that, I feel.... |
Thanks Samji, its fine, |
|
Back to top |
|
|
apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
|
Post: #30 Posted: Tue Nov 06, 2012 10:42 am Post subject: |
|
|
taxmann50 wrote: | IV of ITM calls slightly higher than the puts, does this implies a slightly negative bias? |
whats that ?
yesterdays rise was with low volumes, and todays rise also with very low volumes... |
|
Back to top |
|
|
|