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Will history repeat? |
anusantosh White Belt
Joined: 19 Jun 2011 Posts: 105
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Post: #76 Posted: Sun Jul 07, 2019 7:40 pm Post subject: |
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chetan83 wrote: | chandrujimrc wrote: | I think mkt is giving another chance to buy,let us see. |
Hi,
Below Chart is self explanatory where lower Trendline will act as major support. For now Nifty is resting in one of the lower Trendline, coming week will decide future course of action in Nifty.
Regards,
Chetan Kumar. |
At your trend line don't you think it completes its reverse cup and handle pattern? |
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chandrujimrc Brown Belt
Joined: 21 Apr 2009 Posts: 1683
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Post: #77 Posted: Sun Jul 07, 2019 7:42 pm Post subject: |
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anusantosh wrote: | chandrujimrc wrote: | I think mkt is giving another chance to buy,let us see. |
Where would you want it to exit your long position... |
I am expecting minimum 5% jump from june low.Let us hope for the best. |
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #78 Posted: Mon Jul 08, 2019 9:29 am Post subject: |
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New Low in Nifty today.....its below 11700 lets see.....feeling excited, whether June low will hold.
Its Like Pakistan 2019 CWC which people compared with 1992 CWC. |
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #79 Posted: Mon Jul 08, 2019 9:40 am Post subject: |
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Taken 11900 July Ce at 48.5 SL 45 T 55/60 |
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #80 Posted: Mon Jul 08, 2019 11:15 am Post subject: |
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chetan83 wrote: | New Low in Nifty today.....its below 11700 lets see.....feeling excited, whether June low will hold.
Its Like Pakistan 2019 CWC which people compared with 1992 CWC. |
11900 CE SL hit.
Also June'19 Low broken, so as per rule we must exit now.
Chandru any comment. |
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chandrujimrc Brown Belt
Joined: 21 Apr 2009 Posts: 1683
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Post: #81 Posted: Mon Jul 08, 2019 11:20 am Post subject: |
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chetan83 wrote: | chetan83 wrote: | New Low in Nifty today.....its below 11700 lets see.....feeling excited, whether June low will hold.
Its Like Pakistan 2019 CWC which people compared with 1992 CWC. |
11900 CE SL hit.
Also June'19 Low broken, so as per rule we must exit now.
Chandru any comment. |
Dear chetan sir,
Ya,you are correct But I want to wait for the closing basis s/l. |
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #82 Posted: Mon Jul 08, 2019 2:40 pm Post subject: |
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chandrujimrc wrote: | anusantosh wrote: | chandrujimrc wrote: | I think mkt is giving another chance to buy,let us see. |
Where would you want it to exit your long position... |
I am expecting minimum 5% jump from june low.Let us hope for the best. |
As on 05/07 Nifty did 3.06% upside from June low on 19/06.....lets see whats held in future. |
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chandrujimrc Brown Belt
Joined: 21 Apr 2009 Posts: 1683
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Post: #83 Posted: Mon Jul 08, 2019 4:06 pm Post subject: |
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As per June-July strategy CB s/l also hit.So history failed this time. |
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #84 Posted: Wed Jul 10, 2019 10:42 pm Post subject: |
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chandrujimrc wrote: | As per June-July strategy CB s/l also hit.So history failed this time. |
Let's see whether budget day high is seen again in july!!! |
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #85 Posted: Thu Jul 18, 2019 4:21 pm Post subject: |
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chetan83 wrote: | chandrujimrc wrote: | As per June-July strategy CB s/l also hit.So history failed this time. |
Let's see whether budget day high is seen again in july!!! |
Though July expiry is on 25th, there is less chance of any bounce to its previous June High, only a miracle can take it to that level, that too maybe by 31st July |
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channasri Green Belt
Joined: 01 Aug 2012 Posts: 1029
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Post: #86 Posted: Sun Jul 21, 2019 8:37 pm Post subject: |
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Nifty options table is dominated by bears. Getting to see even 11600 appearing to be a tough one. |
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #87 Posted: Mon Jul 22, 2019 4:11 pm Post subject: |
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channasri wrote: | Nifty options table is dominated by bears. Getting to see even 11600 appearing to be a tough one. |
Yes, this expiry its seems we will close below the June'19 low, but 3% high was already seen before this huge fall. |
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chandrujimrc Brown Belt
Joined: 21 Apr 2009 Posts: 1683
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Post: #88 Posted: Thu Jul 21, 2022 10:07 pm Post subject: Re: Will history repeat? |
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chandrujimrc wrote: | I am re posting an excellent observation posted in some other forum.Thanks to Mr.Prabhakar.Every year Nifty moved up from june low to july high from 2006 to 2017 in terms of % max 23.62 in 2006 and minimum 8.30 in 2014.Will it repeat this year also from june low 10550.90(5/06/2018) to july high ???.
2006 ..........2595.65 to 3208.85
2007 ..........4100.80 to 4647.95
2008.......... 3790.20 to 4649.85
2009..... 4143.25 to 4669.75
2010..... 4165.05 to 5477.50
2011..... 5195.90 to 5740.40
2012.... 4770.35 to 5348.55
2013.... 5566.25 to 6093.35
2014.... 7239.50 to 7840.95
2015.... 7940.10 to 8654.75
2016..... 7927.05 to 8674.70
2017.... 9448.80 to 11114.85
2018.... 10550.90 to ????? |
2018.... 10550 to 11366 nearly 7.5% jump
2019.... Failed
2020.... 9544 to 11341 nearly 20% jump
2021.... 15450 to 15962 nearly 3.30% jump
2022.... 15183 to 16627 nearly 10.50% jump so far.
So most of the time history repeats. |
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #89 Posted: Sat Jan 07, 2023 11:10 am Post subject: Re: Will history repeat? |
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chandrujimrc wrote: | chandrujimrc wrote: | I am re posting an excellent observation posted in some other forum.Thanks to Mr.Prabhakar.Every year Nifty moved up from june low to july high from 2006 to 2017 in terms of % max 23.62 in 2006 and minimum 8.30 in 2014.Will it repeat this year also from june low 10550.90(5/06/2018) to july high ???.
2006 ..........2595.65 to 3208.85
2007 ..........4100.80 to 4647.95
2008.......... 3790.20 to 4649.85
2009..... 4143.25 to 4669.75
2010..... 4165.05 to 5477.50
2011..... 5195.90 to 5740.40
2012.... 4770.35 to 5348.55
2013.... 5566.25 to 6093.35
2014.... 7239.50 to 7840.95
2015.... 7940.10 to 8654.75
2016..... 7927.05 to 8674.70
2017.... 9448.80 to 11114.85
2018.... 10550.90 to ????? |
2018.... 10550 to 11366 nearly 7.5% jump
2019.... Failed
2020.... 9544 to 11341 nearly 20% jump
2021.... 15450 to 15962 nearly 3.30% jump
2022.... 15183 to 16627 nearly 10.50% jump so far.
So most of the time history repeats. |
Nice |
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chandrujimrc Brown Belt
Joined: 21 Apr 2009 Posts: 1683
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Post: #90 Posted: Sat Jul 22, 2023 4:52 pm Post subject: Re: Will history repeat? |
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chandrujimrc wrote: | chandrujimrc wrote: | I am re posting an excellent observation posted in some other forum.Thanks to Mr.Prabhakar.Every year Nifty moved up from june low to july high from 2006 to 2017 in terms of % max 23.62 in 2006 and minimum 8.30 in 2014.Will it repeat this year also from june low 10550.90(5/06/2018) to july high ???.
2006 ..........2595.65 to 3208.85
2007 ..........4100.80 to 4647.95
2008.......... 3790.20 to 4649.85
2009..... 4143.25 to 4669.75
2010..... 4165.05 to 5477.50
2011..... 5195.90 to 5740.40
2012.... 4770.35 to 5348.55
2013.... 5566.25 to 6093.35
2014.... 7239.50 to 7840.95
2015.... 7940.10 to 8654.75
2016..... 7927.05 to 8674.70
2017.... 9448.80 to 11114.85
2018.... 10550.90 to ????? |
2018.... 10550 to 11366 nearly 7.5% jump
2019.... Failed
2020.... 9544 to 11341 nearly 20% jump
2021.... 15450 to 15962 nearly 3.30% jump
2022.... 15183 to 16627 nearly 10.50% jump so far.
So most of the time history repeats. |
2022 actual 15183 to 17123 = 1940 points nearly 12.78%
2023 18465 to 19992=1527 points nearly 8.27% jump so far. (21/07/2023) |
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