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Nifty View - October Series 2013 |
rrk2006hyd Yellow Belt
Joined: 13 Oct 2010 Posts: 874
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Post: #61 Posted: Fri Oct 04, 2013 1:42 pm Post subject: |
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what now....5950-5980-5990+ |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #62 Posted: Fri Oct 04, 2013 1:49 pm Post subject: |
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rrk2006hyd wrote: | what now....5950-5980-5990+ |
possible but market never goes one way, particularly when vix is high. |
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Andre White Belt
Joined: 06 Jun 2012 Posts: 220
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Post: #63 Posted: Fri Oct 04, 2013 2:37 pm Post subject: |
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multiple -WW in nifty futures chart..minimum target seems to be 5955 |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #64 Posted: Fri Oct 04, 2013 3:04 pm Post subject: |
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Looks like daily candle will be an inverted hammer. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #65 Posted: Fri Oct 04, 2013 3:22 pm Post subject: |
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more writing in 6000pe than 5900pe |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #66 Posted: Fri Oct 04, 2013 6:52 pm Post subject: |
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vinay28 wrote: | Looks like daily candle will be an inverted hammer. |
Yes, inverted hammer but not strictly at the top of an uptrend. More importantly, weekly candle is bullish piercing and Friday was NR4 day. Also, +ve div on weekly. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #67 Posted: Fri Oct 04, 2013 7:38 pm Post subject: |
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how nifty may fluctuate |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #68 Posted: Sat Oct 05, 2013 1:27 am Post subject: |
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and my interpretation or guess of this is that nifty would fall below 5900 to 5850 or so and then rise to 5950 etc.....that is spend more time in this 100-150 point range....again since most retail expect quick volatility based rallies or downsides but premium has to be eaten off course for the writers... |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #69 Posted: Mon Oct 07, 2013 9:29 am Post subject: |
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premium shaken down to near 30 points.
axis bank saw steep sell off of 17 lakh shares in a minute. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #70 Posted: Mon Oct 07, 2013 9:37 am Post subject: |
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apka wrote: | premium shaken down to near 30 points.
axis bank saw steep sell off of 17 lakh shares in a minute. |
I have taken a chance and bought a bit. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #71 Posted: Mon Oct 07, 2013 10:34 am Post subject: |
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About 5820NS is crucial. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #72 Posted: Mon Oct 07, 2013 11:17 am Post subject: |
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amitagg wrote: | and my interpretation or guess of this is that nifty would fall below 5900 to 5850 or so and then rise to 5950 etc.....that is spend more time in this 100-150 point range....again since most retail expect quick volatility based rallies or downsides but premium has to be eaten off course for the writers... |
so now the downside is hit...i am not a seller till 5800 broken properly....its complex corrective in formation and dont expect vertical rise or fall to either 5600 or 6200...markets would be sideways i think ....can rise from here ... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #73 Posted: Mon Oct 07, 2013 11:47 am Post subject: |
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6200ce high today was 51. 40% of that is about 21. I feel buying it may be a good idea with SL about 18-19. Likely target 60-80. |
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rrk2006hyd Yellow Belt
Joined: 13 Oct 2010 Posts: 874
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Post: #74 Posted: Mon Oct 07, 2013 11:55 am Post subject: |
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vinay28 wrote: | 6200ce high today was 51. 40% of that is about 21. I feel buying it may be a good idea with SL about 18-19. Likely target 60-80. |
bought at 37.40..100@37.40..guruji... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #75 Posted: Mon Oct 07, 2013 12:02 pm Post subject: |
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rrk2006hyd wrote: | vinay28 wrote: | 6200ce high today was 51. 40% of that is about 21. I feel buying it may be a good idea with SL about 18-19. Likely target 60-80. |
bought at 37.40..100@37.40..guruji... |
looks like you are just waiting for the hat to drop! |
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