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Nifty View - September Series 2013 |
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #316 Posted: Mon Sep 16, 2013 1:05 pm Post subject: |
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pls guide me on my positions...since i respect your views. Vinay.....as u know decent shorts at average 5820....(starting 5700 to 5900)...so all positions at my COST price....should i wait..obviously...what levels should i book if 5813 breaks and how much/%. |
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rrk2006hyd Yellow Belt
Joined: 13 Oct 2010 Posts: 874
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Post: #317 Posted: Mon Sep 16, 2013 1:13 pm Post subject: |
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bought 6200ce,sep, 100@10 |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #318 Posted: Mon Sep 16, 2013 1:19 pm Post subject: |
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amitagg wrote: | pls guide me on my positions...since i respect your views. Vinay.....as u know decent shorts at average 5820....(starting 5700 to 5900)...so all positions at my COST price....should i wait..obviously...what levels should i book if 5813 breaks and how much/%. |
amit, let me just shoot out my thoughts as they come to me after your "bolt out of the blue" query.
1. Nifty went up by >16% as of today. Add fall in INR to it and ETFs would have made >20% profit in a month or so. Hence looks like they sold off. We will only know after seeing FII data. If it is true and if history is going to repeat, then we may see early 2012 like situation i.e. about 5050 on lower side.
2. Nifty tried to break 200 dma thrice and bounced off. As per a Japanese theory, it should succeed fourth time and that's why there is a spurt in buying 5800pe today, bears being hopeful
3. It has already broken previous low with a big bearish engulfing candle. But this has happened before and nifty bounced more than the fall.
so, to summarise, I feel first sign of further fallwill be a daily close below about 5830. I thought that you would have started bokking as you came out even and also lowering your SL since it can bounce back to 5900NS as well. You may then take another chance at higher level if your adjusted SL is hit. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #319 Posted: Mon Sep 16, 2013 1:21 pm Post subject: |
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apka wrote: | I have bought 5500pe @ 38. Will add more if chance is there at lower range. |
Avg at 29. Booked at 49.
Sept fut short was profitable by 200+ points, sept 6000ce was too by 32 points and sept 5500pe also by 20 points... hum 100% galat view dene wale itna hi bura karte trading. aadat se majboor. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #320 Posted: Mon Sep 16, 2013 1:25 pm Post subject: |
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Shorted 1 lot Oct fut @ 5886. Will add more on the rise. Others can do the opposite. |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #321 Posted: Mon Sep 16, 2013 1:43 pm Post subject: |
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apka wrote: | Shorted 1 lot Oct fut @ 5886. Will add more on the rise. Others can do the opposite.
+
hum 100% galat view dene wale itna hi bura karte trading. aadat se majboor |
You are in terrific form. Playing like Yuvraj Singh AND managing to give running commentary also like RaviSS! Apka da jawab nahin!
Prakash Holla |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #322 Posted: Mon Sep 16, 2013 2:22 pm Post subject: |
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pkholla wrote: | apka wrote: | Shorted 1 lot Oct fut @ 5886. Will add more on the rise. Others can do the opposite.
+
hum 100% galat view dene wale itna hi bura karte trading. aadat se majboor |
You are in terrific form. Playing like Yuvraj Singh AND managing to give running commentary also like RaviSS! Apka da jawab nahin!
Prakash Holla |
that a@#$%?
apka is short again prakash |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #323 Posted: Mon Sep 16, 2013 2:38 pm Post subject: |
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I think we may see further upmove |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #324 Posted: Mon Sep 16, 2013 2:44 pm Post subject: |
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I feel closing above Friday's close negates any -ve sentiment in short term. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #325 Posted: Mon Sep 16, 2013 8:12 pm Post subject: |
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Though it did cross above 5940 upon open, it could not sustain. It then bounced back fourth time from below 200 dma to close at 200 dma. I am long now. As posted a few times earlier, SL about 5730NS.
apka, NF and 6100/6200 CE shed OI but 6300 added. Pl confirm. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #326 Posted: Mon Sep 16, 2013 8:19 pm Post subject: |
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vinay28 wrote: | Though it did cross above 5940 upon open, it could not sustain. It then bounced back fourth time from below 200 dma to close at 200 dma. I am long now. As posted a few times earlier, SL about 5730NS.
apka, NF and 6100/6200 CE shed OI but 6300 added. Pl confirm. |
confirmed.
also, 6000pe has added 5+ lakhs OI. so some rise till or before 20th sept (RBI policy) is possible. after premium loss, we should see what happens. 6000pe remains important indicator for next couple of days. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #327 Posted: Mon Sep 16, 2013 8:33 pm Post subject: |
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apka wrote: | vinay28 wrote: | Though it did cross above 5940 upon open, it could not sustain. It then bounced back fourth time from below 200 dma to close at 200 dma. I am long now. As posted a few times earlier, SL about 5730NS.
apka, NF and 6100/6200 CE shed OI but 6300 added. Pl confirm. |
confirmed.
also, 6000pe has added 5+ lakhs OI. so some rise till or before 20th sept (RBI policy) is possible. after premium loss, we should see what happens. 6000pe remains important indicator for next couple of days. |
merci! Hopefully my longs are safe. Anyay, unless 6094 is taken out, no further longs. |
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arvindeept White Belt
Joined: 25 Jun 2012 Posts: 107
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Post: #328 Posted: Mon Sep 16, 2013 9:20 pm Post subject: |
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vinay28 wrote: | apka wrote: | vinay28 wrote: | Though it did cross above 5940 upon open, it could not sustain. It then bounced back fourth time from below 200 dma to close at 200 dma. I am long now. As posted a few times earlier, SL about 5730NS.
apka, NF and 6100/6200 CE shed OI but 6300 added. Pl confirm. |
confirmed.
also, 6000pe has added 5+ lakhs OI. so some rise till or before 20th sept (RBI policy) is possible. after premium loss, we should see what happens. 6000pe remains important indicator for next couple of days. |
merci! Hopefully my longs are safe. Anyay, unless 6094 is taken out, no further longs. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #329 Posted: Mon Sep 16, 2013 9:47 pm Post subject: |
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thanks |
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chandrujimrc Brown Belt
Joined: 21 Apr 2009 Posts: 1683
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Post: #330 Posted: Tue Sep 17, 2013 11:29 am Post subject: |
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I dont know how it is possible to hold the mkt in the same lvl for more than 5 days,unless some key mechanism to do some manipulation. |
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