| View previous topic :: View next topic |
| Author |
NIFTY VIEW - November |
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
Post: #1  Posted: Mon Nov 05, 2012 11:11 am Post subject: NIFTY VIEW - November |
 |
|
Hi All,
I'll be posting my observations about the market under this new thread.
Regards,
SAM |
|
| Back to top |
|
 |
|
|
|
GHAISAS
White Belt
Joined: 01 Feb 2010
Posts: 349
|
| Post: #2 Posted: Mon Nov 05, 2012 11:12 am Post subject: |
|
|
| PSALM ZINDABAD |
|
| Back to top |
|
|
pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
|
| Post: #3 Posted: Mon Nov 05, 2012 11:16 am Post subject: |
|
|
Sam: should that be NIFTY VIEW NOV 2012???
Why, are you leaving IC before Nov 2013?
Cheers, Prakash Holla |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #4 Posted: Mon Nov 05, 2012 11:19 am Post subject: |
|
|
| pkholla wrote: | Sam: should that be NIFTY VIEW NOV 2012???
Why, are you leaving IC before Nov 2013?
Cheers, Prakash Holla |
Will consider that suggestion when creating my next thread....  |
|
| Back to top |
|
|
rishveer
White Belt
Joined: 15 Mar 2012
Posts: 105
|
| Post: #5 Posted: Mon Nov 05, 2012 11:28 am Post subject: Re: NIFTY VIEW - November |
|
|
| psalm wrote: | Hi All,
I'll be posting my observations about the market under this new thread.
Regards,
SAM |
Go ahead Sir,as your view on nifty are clear and very useful for starters like me;moreover,your behaviour in forum also very genuine,hats off  |
|
| Back to top |
|
|
saumya12
Brown Belt
Joined: 21 Dec 2011
Posts: 1509
|
| Post: #6 Posted: Mon Nov 05, 2012 11:41 am Post subject: |
|
|
So, the market started turning red
 |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #7 Posted: Mon Nov 05, 2012 11:52 am Post subject: |
|
|
| saumya12 wrote: | So, the market started turning red
|
hahaha....trading in a range of 20 points....nothing really changed yet, I feel....no direction for the market now.....may be it will be the same like this..for today and tomorrow......only a break above 5730 will put some doubt in the minds of bears...and only a fall below 5640 or so for the bulls....we're not even testing those levels....but again, the trade favors bears...as the stoploss is pretty close......that doesn't mean the bias or the momentum is with the bears...let's see if we see some direction in the second half of the day when the Europe opens.... |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #8 Posted: Mon Nov 05, 2012 12:07 pm Post subject: |
|
|
the volumes of nifty future traded is very low, under 2 million today. now that europe will late @ 1.30pm.. its going to be boring days ahead .. longer range bound  |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #9 Posted: Mon Nov 05, 2012 12:12 pm Post subject: |
|
|
| apka wrote: | | the volumes of nifty future traded is very low, under 2 million today. now that europe will late @ 1.30pm.. its going to be boring days ahead .. longer range bound |
The situation could change in a few days, I feel, Apka.....expect the volatility to go up in the coming days....it will be difficult for the VIX to be in a shell for long.... |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #10 Posted: Mon Nov 05, 2012 1:01 pm Post subject: |
|
|
| 5655NS looks likely today |
|
| Back to top |
|
|
stevenmat
White Belt
Joined: 27 Dec 2011
Posts: 478
|
| Post: #11 Posted: Mon Nov 05, 2012 1:12 pm Post subject: |
|
|
phew! VIX up 7 %
@vinay : I want 5555NS .. you're holding some longs right? how are they doing? |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #12 Posted: Mon Nov 05, 2012 1:20 pm Post subject: |
|
|
| vinay28 wrote: | | 5655NS looks likely today |
If the market doesn't hold 5680 levels, then 5657 or even 5640 could be tested....but as of now looking at 5682 levels....which is a support...and yesterday's low as well.... |
|
| Back to top |
|
|
apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
|
| Post: #13 Posted: Mon Nov 05, 2012 1:37 pm Post subject: |
|
|
| 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) |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #14 Posted: Mon Nov 05, 2012 1:56 pm Post subject: |
|
|
| 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... |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #15 Posted: Mon Nov 05, 2012 2:18 pm Post subject: |
|
|
| apka, you are new to BiBi? If so be careful! |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
