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pkveenu White Belt
Joined: 21 Apr 2009 Posts: 106
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Post: #5581 Posted: Mon Oct 22, 2012 10:11 pm Post subject: Re: hi |
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Posted: 19 Oct 2012 10:05 Post subject: Re: HI
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pkveenu wrote:
chiragbvyas wrote:
NIFTY SPOT :
any bull run possible if a candle close take place above 5713
otherwise gain will be vanished.
just one figure 5713
hope i am not disturbing the discussion
Chirag...
hi chirag
nf high 5743.95
ns high 5723 close 5719
yeh its there now crossing 5712 5713
will it be false breakout or not?
sgx nifty at 22:47 hrs on 5727
what could be tomorrow back to below 5712 after eating all stop losses around 5757 or straight upward journey towards 5800 5850 5900 5950 6000 on on and on
pls put some more light at this scenerio
regards
[/quote]
just look at today's nifty spot high then understand the significance of 5713. Even today itself we will see how prices plays below or above 5713
Regards
chiragbvyas wrote: | Nifty Spot
Still no candle close above 5713 ? then are they shorting at upper levels ?
be careful taking long until and unless a close happens above 5713
regards
chirag.......... |
hi chirag
unable to get the point of 5713
ns close on 18oct12 5719
ns close on 22oct12 5717
now we go for higher target or still wait for another confirmation of close above 5713
and please write the signifcance of 5757 in ns
if any
regards |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #5582 Posted: Tue Oct 23, 2012 9:07 am Post subject: |
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pre-open majorly trading between 5715-5718... even the pre-open has become boring range bound |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #5583 Posted: Tue Oct 23, 2012 9:16 am Post subject: |
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Jara khaske jara phaske ye hai NSE mere jaan
When u least expect it .....
Prakash Holla |
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NittinP White Belt
Joined: 23 Sep 2012 Posts: 48
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Post: #5584 Posted: Tue Oct 23, 2012 9:42 am Post subject: |
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NIFTY is trading in range bound... As per bolinear band... NIFTY is trading upper BB band... historically whenever NIFTY breaks, it breaks opposite to current level.
So now, as NIFTY is touching upper BB, I feel it will break lower BB... and trader will jump in to add more shorts..
Mine is just observation...
Technical Analysis expert add their view... |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #5585 Posted: Tue Oct 23, 2012 9:50 am Post subject: |
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NittinP wrote: | NIFTY is trading in range bound... As per bolinear band... NIFTY is trading upper BB band... historically whenever NIFTY breaks, it breaks opposite to current level.
So now, as NIFTY is touching upper BB, I feel it will break lower BB... and trader will jump in to add more shorts..
Mine is just observation...
Technical Analysis expert add their view... |
what are the uppper lower BB band levels right now? |
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stevenmat White Belt
Joined: 27 Dec 2011 Posts: 478
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Post: #5586 Posted: Tue Oct 23, 2012 10:20 am Post subject: |
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hello everyone ! finaly i'm back to civilized world... the charts look pretty confusing...there is a very small band formed and a break out/ break down will get very good gains.. i have a strategy which is to buy OTM Calls and puts..if there is a strong move on either side it'll get you easy money...
Disclaimer : the risk is obvious..if the market doesnt move at all..then both sides will keep falling |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #5587 Posted: Tue Oct 23, 2012 10:39 am Post subject: |
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stevenmat wrote: | hello everyone ! finaly i'm back to civilized world... the charts look pretty confusing...there is a very small band formed and a break out/ break down will get very good gains.. i have a strategy which is to buy OTM Calls and puts..if there is a strong move on either side it'll get you easy money...
Disclaimer : the risk is obvious..if the market doesnt move at all..then both sides will keep falling |
welcome, you have travelled back to 2010. |
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NittinP White Belt
Joined: 23 Sep 2012 Posts: 48
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Post: #5588 Posted: Tue Oct 23, 2012 10:43 am Post subject: |
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Historically, these type of fast move has been observed on expiry day and that too after second half when most of the option value are at zero value... because before that most of SL will be trigger as options will loose value expotentially as time passes...
I have booked loss in options when I tried to play this sideways market on expiry day...
If I have hold these options till makrt is closed, then I would have made more than 1000% profit... as move came in next half |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #5589 Posted: Tue Oct 23, 2012 11:05 am Post subject: |
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Looks like a break above 5721 could push the market to 5755-5760 levels. At the same time, a break below 5700 could see the market testing 5660 or even 5640 levels. That means there is nothing wrong in selling Nifty around 5720 with stoploss above 5730 for a target of 5660 or buying Nifty around 5640 with stoploss below 5630 for a target of 5700-5720. It is very difficult to take any position in between, I feel. Overall trend remains UP as long as the market holds above 5620 levels. Let's see what happens on the last day before expiry...... |
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NittinP White Belt
Joined: 23 Sep 2012 Posts: 48
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Post: #5590 Posted: Tue Oct 23, 2012 11:13 am Post subject: |
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Takdir se bigdi hui takdir bana loo...
APNE be hai barosa tou ek dav laga loo... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #5591 Posted: Tue Oct 23, 2012 11:26 am Post subject: |
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trade for nov and dec. I feel 5400pe/6100ce for nov and 5200pe/6300ce for dec are good combos to buy |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #5592 Posted: Tue Oct 23, 2012 11:38 am Post subject: |
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vinay28 wrote: | trade for nov and dec. I feel 5400pe/6100ce for nov and 5200pe/6300ce for dec are good combos to buy |
For whichever combo, its better to buy it on Monday, considering the long weekend and expiry..... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #5593 Posted: Tue Oct 23, 2012 11:50 am Post subject: |
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sam, I would like to do so actually on expiry day or friday |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #5594 Posted: Tue Oct 23, 2012 11:59 am Post subject: |
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NF is 92 below 5800 but 5800CE is 3. Looks like heavy short buildup in 5800ce and short covering will rocket it up. |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #5595 Posted: Tue Oct 23, 2012 12:02 pm Post subject: |
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vinay28 wrote: | sam, I would like to do so actually on expiry day or friday |
Friday is a holiday right, that's why felt that monday is better...... |
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