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Technical dissection - NIFTY |
sherbaaz
Yellow Belt
Joined: 27 May 2009
Posts: 543
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Post: #61  Posted: Thu Dec 16, 2010 10:09 am Post subject: Re: VSA |
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| RoyalTrader wrote: | As commited.. Here comes my first example..
After going through the chart you will become familier with seiiling climax accumulation.. and a break out leading to a mark up...
Any comments, Suggestions doubts are welcome...
Rgards,
RT |
Hi,
If you can start from the basics of VSA in step by step method it would be easy to understand for those who are not much familiar with VSA.
Just a suggestion.
Regards, |
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amitdate76
White Belt
Joined: 02 Feb 2009
Posts: 34
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| Post: #62 Posted: Thu Dec 16, 2010 3:16 pm Post subject: Intraday |
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HI RT,
We have just seen a big spike in nifty. Can we make some prediction based on the current state and take posiiton for tommorow ?
Thanks,
Amit Date |
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RoyalTrader
White Belt
Joined: 31 Oct 2010
Posts: 75
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| Post: #63 Posted: Thu Dec 16, 2010 9:19 pm Post subject: nifty update |
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Hi amit,
Market seems to be in the choppy mood.. It has taken support at imp level of 5860.. Today was an outside bar (higher high and lower low) this formation apprears at the start of an intermediate trend.. One can initiate long above 5960 spot with stop loss 5900 and target of 6140 spot.. For short only below 5860...
Taking in to account todays closing.. It seems that upside break out is likely ...
Regards,
RT |
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RoyalTrader
White Belt
Joined: 31 Oct 2010
Posts: 75
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| Post: #64 Posted: Mon Dec 20, 2010 11:02 pm Post subject: |
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Hi All,
I was outstation on a long weekend..
Today market closed flat but a good uptrend on intraday charts... Late profit booking is a bit concern but overall ok..
Now a days market is neither int he control of of bulls nor bears.. Its just a trendless market..
Many of you must have observrd that the market has taken out the resistance of descending Trend line.. but without confirming volume...
Those who want to go aggressively long they can go only above 5990.
Yesterday I mentioned stoploss of 5900 for longs look at todays low (Spot).
Those who are already long can keep a stoploss of 5910. Shorting should be done only below 5895.. (All are spot levels)
Regards,
RT |
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amitdate76
White Belt
Joined: 02 Feb 2009
Posts: 34
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| Post: #65 Posted: Wed Dec 22, 2010 12:16 pm Post subject: low volume rally |
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HI RT,
NIFTY...
The daily chart shows bullish candles but with falling volumes.
I'm awaiting your candle-by-candle analysis for the last 2 weeks i.e. the current consolidation in Nifty after the fall to 5750..
I have started reading VSA but some real life examples with charts on a regular basis atleast weekly-basis would be appreciated.
Thanks,
Amit Date |
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cyber2nk
White Belt
Joined: 19 Oct 2010
Posts: 5
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| Post: #66 Posted: Thu Jan 06, 2011 1:31 pm Post subject: Where r u Sir? |
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Dear RT,
No further postings from u. Pl. continue . Your postings were very informative. It will immensely help beginners like us.
Cyber2nk |
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casper
Green Belt
Joined: 02 Oct 2010
Posts: 1315
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| Post: #67 Posted: Thu Jan 06, 2011 4:48 pm Post subject: Re: Where r u Sir? |
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| cyber2nk wrote: | Dear RT,
No further postings from u. Pl. continue . Your postings were very informative. It will immensely help beginners like us.
Cyber2nk |
yes RT, where r u man?
this is the time when we need u most
plz come back as soon as possible  |
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acharyams
Yellow Belt
Joined: 04 Jul 2010
Posts: 552
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| Post: #68 Posted: Thu Jan 06, 2011 8:40 pm Post subject: Re: Where r u Sir? |
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| casper wrote: | | cyber2nk wrote: | Dear RT,
No further postings from u. Pl. continue . Your postings were very informative. It will immensely help beginners like us.
Cyber2nk |
yes RT, where r u man?
this is the time when we need u most
plz come back as soon as possible |
do come in the forum RT, please |
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amitdate76
White Belt
Joined: 02 Feb 2009
Posts: 34
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| Post: #69 Posted: Thu Jan 06, 2011 10:55 pm Post subject: low volume game |
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Its been a low volume period all throughout december. The preceeding rally and current correction is happening on poor volumes with low volatility.
I will post my thought via a chart soon...
Awaiting RT Bhai's arrival... |
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sherbaaz
Yellow Belt
Joined: 27 May 2009
Posts: 543
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| Post: #70 Posted: Thu Jan 06, 2011 11:45 pm Post subject: |
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Hi,
The fall started after nf touched 6207 on monday 3-01-2011,. the bar of monday was a "no demand bar" as per VSA which is a sign of weakness. see the volume on this day in nf.
also 6213 is a 76.4% of fibo from the low of 5727 to the high of 6347.
most of the indicators/tools suggesting fall from there |
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bullseye
White Belt
Joined: 26 Oct 2010
Posts: 37
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| Post: #71 Posted: Fri Jan 07, 2011 7:06 am Post subject: |
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| In NF daily 34 ema 6033 and 50sma at 6038. Strong support at the convergence point 6030-6040 levels. If breached more southward journey for NF. Guys look at this level carefully. Risky longs can be initiated at 6042-45 levels with tight SL at 6020. I'm NEW. |
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sherbaaz
Yellow Belt
Joined: 27 May 2009
Posts: 543
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| Post: #72 Posted: Fri Jan 07, 2011 10:49 am Post subject: |
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| c4chats wrote: | | In NF daily 34 ema 6033 and 50sma at 6038. Strong support at the convergence point 6030-6040 levels. If breached more southward journey for NF. Guys look at this level carefully. Risky longs can be initiated at 6042-45 levels with tight SL at 6020. I'm NEW. |
I'm NEW
this is funny why u need to write that u r new if u r really new nobody would give nay serious thought to wht u have written.
dont write such things dear have confidence in yr analysis if wrong no big deal its a game of probability
regards, |
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bullseye
White Belt
Joined: 26 Oct 2010
Posts: 37
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| Post: #73 Posted: Fri Jan 07, 2011 12:08 pm Post subject: |
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Sheru thx will comply......  |
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acharyams
Yellow Belt
Joined: 04 Jul 2010
Posts: 552
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| Post: #74 Posted: Fri Jan 07, 2011 12:21 pm Post subject: |
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| c4chats wrote: | | Sheru thx will comply...... |
sl triggered. what next? |
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beowulf
White Belt
Joined: 18 Aug 2010
Posts: 163
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| Post: #75 Posted: Fri Jan 07, 2011 12:52 pm Post subject: |
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Nifty testing 6000 levels big time...whats next..?
Experts, please advise on the Nifty levels and the positions we should take.
Calls/Puts/Both..?  |
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