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Nifty View - October Series 2013 |
ca.krishna White Belt
Joined: 17 Sep 2013 Posts: 158
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Post: #226 Posted: Fri Oct 11, 2013 5:46 pm Post subject: |
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But premium has broken down today in Calls.....why?
apka wrote: | Time is ripe from looking at FNO for us to cross 6200 and possibly 6300 within Oct.
Call writers are freely covering their positions. All ITM calls including OTM 6100ce have shedded OI and 6100pe, 6200pe have added OI in good nos. | |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #227 Posted: Fri Oct 11, 2013 7:48 pm Post subject: |
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ca.krishna wrote: | But premium has broken down today in Calls.....why?
apka wrote: | Time is ripe from looking at FNO for us to cross 6200 and possibly 6300 within Oct.
Call writers are freely covering their positions. All ITM calls including OTM 6100ce have shedded OI and 6100pe, 6200pe have added OI in good nos. | |
meaning? upto 6300ce all calls have added a positive close compared to yesterday, value may have eroded a little due to VIX dropping and weekend closing. |
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chqmate White Belt
Joined: 14 Aug 2013 Posts: 10
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Post: #228 Posted: Sat Oct 12, 2013 8:50 pm Post subject: |
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Hanging man pattern is seen. trend reversal expected if gap down occurs!!!
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #229 Posted: Sun Oct 13, 2013 12:55 pm Post subject: |
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chqmate wrote: | Hanging man pattern is seen. trend reversal expected if gap down occurs!!!
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Trend reversal can happen after a gap up open also. AND, it need not happen in spite of a gap down open. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #230 Posted: Sun Oct 13, 2013 1:27 pm Post subject: |
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vinay28 wrote: | chqmate wrote: | Hanging man pattern is seen. trend reversal expected if gap down occurs!!!
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Trend reversal can happen after a gap up open also. AND, it need not happen in spite of a gap down open. |
and trend continuation can happen despite gap down |
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chqmate White Belt
Joined: 14 Aug 2013 Posts: 10
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Post: #231 Posted: Sun Oct 13, 2013 2:04 pm Post subject: |
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apka wrote: | vinay28 wrote: | chqmate wrote: | Hanging man pattern is seen. trend reversal expected if gap down occurs!!!
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Trend reversal can happen after a gap up open also. AND, it need not happen in spite of a gap down open. |
and trend continuation can happen despite gap down |
reason behind??? |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #232 Posted: Sun Oct 13, 2013 4:04 pm Post subject: |
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chqmate wrote: | apka wrote: | vinay28 wrote: | chqmate wrote: | Hanging man pattern is seen. trend reversal expected if gap down occurs!!!
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Trend reversal can happen after a gap up open also. AND, it need not happen in spite of a gap down open. |
and trend continuation can happen despite gap down |
reason behind??? |
apka, that's what I meant when I said "it need not happen". It also includes a flat trend.
reasons - (a) candles don't always cause prices to happen, it is always the other way. Candles can only hint at a possibility from study of past events. And (b) hanging man actually results in bullish trend continuation in 59% of the cases, which means success rate of reversal is 41%. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #233 Posted: Mon Oct 14, 2013 10:28 am Post subject: |
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A -ww can give 6072NS. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #234 Posted: Mon Oct 14, 2013 11:46 am Post subject: |
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vinay28 wrote: | A -ww can give 6072NS. |
dont give, not asking |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #235 Posted: Mon Oct 14, 2013 11:48 am Post subject: |
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apka wrote: | vinay28 wrote: | A -ww can give 6072NS. |
dont give, not asking |
SL is 6130.
as such 6162NF was a high twice, once in 2007 and then a couplf of years later. So 6162 and 6190NF are crucial, equivalent to about 6140/70NS. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #236 Posted: Mon Oct 14, 2013 11:52 am Post subject: |
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vinay28 wrote: | apka wrote: | vinay28 wrote: | A -ww can give 6072NS. |
dont give, not asking |
SL is 6130.
as such 6162NF was a high twice, once in 2007 and then a couplf of years later. So 6162 and 6190NF are crucial, equivalent to about 6140/70NS. |
ok, in addition to your numbers, the recent highs of NF as I see on charts on days were 6176, 6196-6206 and 6239. |
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rrk2006hyd Yellow Belt
Joined: 13 Oct 2010 Posts: 874
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Post: #237 Posted: Mon Oct 14, 2013 12:08 pm Post subject: |
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vinay28 wrote: | A -ww can give 6072NS. |
guruji..ur number is coming... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #238 Posted: Mon Oct 14, 2013 12:25 pm Post subject: |
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rrk2006hyd wrote: | vinay28 wrote: | A -ww can give 6072NS. |
guruji..ur number is coming... |
actually that level is reduced to 6055 but let's see |
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satishkadam Yellow Belt
Joined: 01 Apr 2010 Posts: 805
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Post: #239 Posted: Mon Oct 14, 2013 12:43 pm Post subject: |
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vinay28 wrote: | rrk2006hyd wrote: | vinay28 wrote: | A -ww can give 6072NS. |
guruji..ur number is coming... |
actually that level is reduced to 6055 but let's see |
Premium... in NF and BNF... has reduced......
does this indicate.. something....
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chqmate White Belt
Joined: 14 Aug 2013 Posts: 10
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Post: #240 Posted: Mon Oct 14, 2013 12:54 pm Post subject: |
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vinay28 wrote: | chqmate wrote: | apka wrote: | vinay28 wrote: | chqmate wrote: | Hanging man pattern is seen. trend reversal expected if gap down occurs!!!
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Trend reversal can happen after a gap up open also. AND, it need not happen in spite of a gap down open. |
and trend continuation can happen despite gap down |
reason behind??? |
apka, that's what I meant when I said "it need not happen". It also includes a flat trend.
reasons - (a) candles don't always cause prices to happen, it is always the other way. Candles can only hint at a possibility from study of past events. And (b) hanging man actually results in bullish trend continuation in 59% of the cases, which means success rate of reversal is 41%. |
ohhhk.... |
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