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Nifty View - September Series |
vinay28
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Post: #151  Posted: Thu Sep 11, 2014 11:27 am Post subject: |
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| first target met. |
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vinay28
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| Post: #152 Posted: Thu Sep 11, 2014 1:21 pm Post subject: |
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| if nifty doesn't make a lower low and sustain there, we may see a reversal. Short holders be aware. |
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riteshucha
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| Post: #153 Posted: Thu Sep 11, 2014 1:26 pm Post subject: |
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if i m reading this correctly, then today NF low shld be 8036/8041...finegrs crossed...
vinay what shld be tsl now for shorts ideally...
| vinay28 wrote: | | if nifty doesn't make a lower low and sustain there, we may see a reversal. Short holders be aware. |
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vinay28
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| Post: #154 Posted: Thu Sep 11, 2014 1:40 pm Post subject: |
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| riteshucha wrote: | if i m reading this correctly, then today NF low shld be 8036/8041...finegrs crossed...
vinay what shld be tsl now for shorts ideally...
| vinay28 wrote: | | if nifty doesn't make a lower low and sustain there, we may see a reversal. Short holders be aware. |
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though SL of 8151/58 holds, tight SL is now 5tf close above 8116 or 8130. all NF. |
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riteshucha
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| Post: #155 Posted: Thu Sep 11, 2014 1:44 pm Post subject: |
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okie thanks...
| vinay28 wrote: | | riteshucha wrote: | if i m reading this correctly, then today NF low shld be 8036/8041...finegrs crossed...
vinay what shld be tsl now for shorts ideally...
| vinay28 wrote: | | if nifty doesn't make a lower low and sustain there, we may see a reversal. Short holders be aware. |
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though SL of 8151/58 holds, tight SL is now 5tf close above 8116 or 8130. all NF. |
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vinay28
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| Post: #156 Posted: Thu Sep 11, 2014 8:53 pm Post subject: |
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Nifty for Friday (12/09/14)
Supports are at about 8060, 8046 and 7997 while resistances are at about 8104, 8119, 8134, 8157, 8196, 8229 and 8249. Two unfilled gaps on lower side are at about 8027 and 7954. Three +WWs can give about 8127 (once above 8060), 8180 (once above 8071) and 8195 (once above 8110) (+WWs with higher targets are not mentioned as of now). Six -WWs can give about 8041 (once below 8121), 8022/7814 (once below 8132), 7992, 7903 (once below 8185) and 7855 (-WWs with much lower targets are not mentioned as of now). An IHnS can give about 8275 if nifty remains above 7935. Two rising wedges can give much lower levels if nifty continues to go down.
Nifty fell again and closed below 8100 and suggests a further fall. While 8046 is a crucial level intraday, a close below 8022 may cause further fall. Nifty will have to go above 8142 and also close well above 8118, preferably above 8133, on Friday to give hopes to bulls. Liquidity continues to be strong. Intraday volatility can cause wild swings. |
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riteshucha
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| Post: #157 Posted: Fri Sep 12, 2014 10:12 am Post subject: |
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again today broke the 30 min candle low (JT pviot was 8110.43...
will short preferably below 8098.40...hoping to be 3 rd time lucky... |
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vinay28
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| Post: #158 Posted: Fri Sep 12, 2014 10:17 am Post subject: |
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| riteshucha wrote: | again today broke the 30 min candle low (JT pviot was 8110.43...
will short preferably below 8098.40...hoping to be 3 rd time lucky... |
SL for longs is 8097NF on 5tf close but today could be choppy hitting SLs on either side. |
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vinay28
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| Post: #159 Posted: Fri Sep 12, 2014 10:48 am Post subject: |
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| vinay28 wrote: | | riteshucha wrote: | again today broke the 30 min candle low (JT pviot was 8110.43...
will short preferably below 8098.40...hoping to be 3 rd time lucky... |
SL for longs is 8097NF on 5tf close but today could be choppy hitting SLs on either side. |
Safe SL for die hard longs should be "about" 8058NS/8084NF or 8064NS/ 8090NF. |
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riteshucha
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| Post: #160 Posted: Fri Sep 12, 2014 10:59 am Post subject: |
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yest NF made of low of 8072 8100 CE low was 69
today NF low is 8096 and CE low is 71...
doesnt look like buying for sure...!!!! |
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vinay28
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| Post: #161 Posted: Fri Sep 12, 2014 11:12 am Post subject: |
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| riteshucha wrote: | yest NF made of low of 8072 8100 CE low was 69
today NF low is 8096 and CE low is 71...
doesnt look like buying for sure...!!!! |
ritesh, with only 9 more days for expiry and low vix, this is OK. I am hoping for 90 above today's low, which presently is 8096NF. |
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apka
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| Post: #162 Posted: Fri Sep 12, 2014 11:28 am Post subject: |
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| Vinay, are you expecting new highs in this series? Because VIX being so low, they are at inviting prices. |
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vinay28
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| Post: #163 Posted: Fri Sep 12, 2014 11:36 am Post subject: |
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| apka wrote: | | Vinay, are you expecting new highs in this series? Because VIX being so low, they are at inviting prices. |
apka, you and saumya are missing for a long time. 
I am looking (hoping) for 8235/65/8300NF in this expiry though it may halt at 8265. in other words, target of 8200ce is 65/80 and that for axis bank is 445/53. |
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manojkr78
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Joined: 07 Mar 2011
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| Post: #164 Posted: Fri Sep 12, 2014 1:28 pm Post subject: |
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Vinay,
Before the up move in nifty do you expect the 8027 gap filled....if it does then still the upmove will be valid??? |
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vinay28
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| Post: #165 Posted: Fri Sep 12, 2014 1:34 pm Post subject: |
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| manojkr78 wrote: | Vinay,
Before the up move in nifty do you expect the 8027 gap filled....if it does then still the upmove will be valid??? |
no manoj, I doubt it now since it failed to make a lower yesterday as I had posted. let's see what happens after 1.45 pm till eod. it must take out 8095NS/8123NF first. |
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