Home
Option Tools
Services Offered
Payment Details
My Services
Contact Us
Market Heatmap
Charts
Charts (Premium)
Chart Watch
JCharts (EOD)
JCharts(EOD-COMM)
HCharts (EOD)
HCharts (EOD-COMM)
Forum
Stock Lists
Screener (EOD)
Screener (EOD-Comm)
Breadth Charts
Calculators
Education
Links
FAQs
Search
Advertise Here
Charts (Old)
Login Form





Lost Password?
No account yet? Register
  iCharts Discussions

 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Nifty View - June '16 Series
Goto page Previous  1, 2, 3, 4
 
Post new topic   Reply to topic    iCharts Discussions Forum Index -> Market Direction
View previous topic :: View next topic  
Author Nifty View - June '16 Series
vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #46   PostPosted: Thu Jun 23, 2016 8:06 pm    Post subject: Reply with quote

This is just a personal view and neither a recommendation nor a tip nor an advice for any trade.

Nifty for Friday (24/06/16) and beyond

Supports are at about 8245/08, 8187/45/29, 8093 and 8014 while resistances are at about 8294, 8301/11/19/48 and 8359. Unfilled gaps on the higher/lower sides are at about 8373/7934 resp. Previous high was 8337. Three +WWs can give about 8300/22/67 (+WWs with higher targets are not mentioned as of now). Three -WWs can give about 8128 ((if below 8297), 8103 (if below 8239) and 8004 (if below 8168) (-WWs with lower targets are not mentioned as of now). An IHnS can give 8635 if nifty remains above 8000.

Nifty opened flat but rose sharply to close well above 8250. Daily volume is not commensurate with range and hence further rise may be limited. Increasing bearish div will give results only if sustained selling begins. Nifty must close above 8274/96 to continue the rally with while a close below 8170 can start fresh fall. Global and local eco-political events can have a bearing on how nifty moves in short term. Trade carefully this being an eventful day for Brexit and we could see high volatility.
Back to top
View user's profile Send private message
vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #47   PostPosted: Fri Jun 24, 2016 7:16 pm    Post subject: Reply with quote

This is just a personal view and neither a recommendation nor a tip nor an advice for any trade.

Nifty for Monday (27/06/16) and beyond

Supports are at about 8058/34/13, 7993/67/43/07, 7862 and 7818 while resistances are at about 8098, 8112/35/54, 8210 and 8220. Unfilled gaps on the higher/lower sides are at about 8271/7748 resp. 50 dma is at about 7993 while 50 wma is at about 7872. (+WWs with higher targets are not mentioned as of now). Two -WWs can give about 8008 ((if below 8096) and 7931 (if below 8025) (-WWs with lower targets are not mentioned as of now). An IHnS can give 8635 if nifty remains above 8000.

Nifty opened down with a massive gap and fell further. But in the afternoon, it rose sharply to close +ve but below 8100. However, nifty fut closed -ve due to a freak open. Daily candle is a hammer but with good -ve volume while weekly candle is bearish engulfing but a doji with average -ve volume. This indicates uncertainty and lower levels may be likely even if it goes up a bit. However, there is now a bullish div but it will give results only if sustained buying resumes. Nifty must close above 8111 to begin with while a close below 7979 may cause more fall. Global and local eco-political events can have a bearing on how nifty moves in short term. Trade carefully in view of high volatility.
Back to top
View user's profile Send private message
vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #48   PostPosted: Mon Jun 27, 2016 8:21 pm    Post subject: Reply with quote

This is just a personal view and neither a recommendation nor a tip nor an advice for any trade.

Nifty for Tuesday (28/06/16) and beyond

Supports are at about 8079/47/00, 7959/46/24/10 and 7891 while resistances are at about 8103/12/23/33/69, 8230 and 8284. Unfilled gaps on the higher/lower sides are at about 8271/7748 resp. 50 dma is at about 7999 while 50 wma is at about 7872. A +WW can give about 8164( If above 8052) (+WWs with higher targets are not mentioned as of now). Two -WWs can give about 7983 ((if below 8128) and 7916 (if below 8080) (-WWs with lower targets are not mentioned as of now). An IHnS can give 8635 if nifty remains above 8000.

Nifty opened down with a big gap but recovered to close +ve but below 8100. Daily volume is good +ve and we may see higher levels. Nifty must close above 8109 to begin with while a close below 7979 may cause more fall. Global and local eco-political events can have a bearing on how nifty moves in short term. Trade carefully in view of high volatility and this being expiry week.
Back to top
View user's profile Send private message
vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #49   PostPosted: Tue Jun 28, 2016 9:36 pm    Post subject: Reply with quote

This is just a personal view and neither a recommendation nor a tip nor an advice for any trade.

Nifty for Wednesday (29/06/16) and beyond

Supports are at about 8114/03, 8086/70/58/01, 7972/56 and 7920 while resistances are at about 8143/57/83, 8251/77/86 and 8309. Unfilled gaps on the higher/lower sides are at about 8271/7748 resp. 50 dma is at about 7999 while 50 wma is at about 7872. A +WW can give about 8192 ( If above 8116) (+WWs with higher targets are not mentioned as of now). Three -WWs can give about 8059/7895 (if below 8137) and 7955 (if below 8156) (-WWs with lower targets are not mentioned as of now). An IHnS can give 8635 if nifty remains above 8000.

Nifty opened flat and rose to close +ve well above 8100. Daily volume is good +ve and we may see higher levels. Nifty must close above 8141 to rise further while a close below 8108 may cause more fall. Global and local eco-political events can have a bearing on how nifty moves in short term. Trade carefully in view of high volatility and this being expiry week.
Back to top
View user's profile Send private message
bharatpatel
White Belt
White Belt


Joined: 26 Oct 2011
Posts: 396

Post: #50   PostPosted: Tue Jun 28, 2016 10:15 pm    Post subject: Reply with quote

What is hawala rate for this series ??
Back to top
View user's profile Send private message
vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #51   PostPosted: Wed Jun 29, 2016 8:27 am    Post subject: Reply with quote

bharatpatel wrote:
What is hawala rate for this series ??


as of now, can't estimate accurately. If nifty sustains above 8170 today then perhaps 8250 but if it sustains below 8100 then 8050 or less.
Back to top
View user's profile Send private message
vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #52   PostPosted: Wed Jun 29, 2016 9:22 pm    Post subject: Reply with quote

This is just a personal view and neither a recommendation nor a tip nor an advice for any trade.

Nifty for Thursday (30/06/16) and beyond

Supports are at about 8188/61/34/04, 8080/49 and 7986 while resistances are closely spaced at about 8225/37/50/62/79/98 and 8359. Unfilled gaps on the higher/lower sides are at about 8271/8127 resp. (+WWs with higher targets are not mentioned as of now). Three -WWs can give about 8160 (if below 8196), 8097 (if below 8183) and 8025 (if below 8150) (-WWs with lower targets are not mentioned as of now). An IHnS can give 8635 if nifty remains above 8000. A rising wedge can give about 8090/55 in case of a break of 8179.

Nifty opened up with a gap and rose further to close +ve just above 8200. Daily candle is like a spinning top and a likely evening star, latter to be confirmed by a red candle, preferably with a gap down open. However, volume is good +ve and fall, if any, may be limited and we may see higher levels. Nifty must close above 8274 to continue the rally while a close below 8108 may cause more fall. Global and local eco-political events can have a bearing on how nifty moves in short term. Trade carefully in view expiry day.
Back to top
View user's profile Send private message
bharatpatel
White Belt
White Belt


Joined: 26 Oct 2011
Posts: 396

Post: #53   PostPosted: Thu Jun 30, 2016 7:02 pm    Post subject: Reply with quote

vinay28 wrote:
bharatpatel wrote:
What is hawala rate for this series ??


as of now, can't estimate accurately. If nifty sustains above 8170 today then perhaps 8250 but if it sustains below 8100 then 8050 or less.


I was referring --

which day rate will be called hawala rate ? today or tomorrow ? last day of expiry rate or new serirs first day rate ?
Back to top
View user's profile Send private message
vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #54   PostPosted: Thu Jun 30, 2016 7:29 pm    Post subject: Reply with quote

bharatpatel wrote:
I was referring --

which day rate will be called hawala rate ? today or tomorrow ? last day of expiry rate or new serirs first day rate ?


havala is NF close on expiry day
Back to top
View user's profile Send private message
AjitS
White Belt
White Belt


Joined: 21 Aug 2013
Posts: 136

Post: #55   PostPosted: Thu Jun 30, 2016 7:32 pm    Post subject: Reply with quote

Vinay,

While calculating range of NIFTY for the purpose of NRx days, is it just Day's High - Day's low? Irrespective of whether it was Gap up OR Gap down?

For example, with High-Low, today's range is 66.40. (8308.50-8242.1). But Yesterday's high was 8212.40. From there, today's high was 96.10 points. That is big difference in range values, Which one is right?
Back to top
View user's profile Send private message
chandrujimrc
Brown Belt
Brown Belt


Joined: 21 Apr 2009
Posts: 1647

Post: #56   PostPosted: Thu Jun 30, 2016 8:08 pm    Post subject: Reply with quote

Dear Vinay, with your permission I am posting my view.I think Nifty is forming triple top with nrgative divrg.So longs must be cautious.Double bottom formed at 6825 on budjet day with positive divrg ,So we got 1500 points rally.Now triple top with -ve divrg.So be cautious.
Back to top
View user's profile Send private message
vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #57   PostPosted: Thu Jun 30, 2016 8:18 pm    Post subject: Reply with quote

AjitS wrote:
Vinay,

While calculating range of NIFTY for the purpose of NRx days, is it just Day's High - Day's low? Irrespective of whether it was Gap up OR Gap down?

For example, with High-Low, today's range is 66.40. (8308.50-8242.1). But Yesterday's high was 8212.40. From there, today's high was 96.10 points. That is big difference in range values, Which one is right?


ITS ALWAYS DAILY RANGE I.E. CANDLE HEIGHT
Back to top
View user's profile Send private message
bharatpatel
White Belt
White Belt


Joined: 26 Oct 2011
Posts: 396

Post: #58   PostPosted: Fri Jul 01, 2016 7:43 am    Post subject: Reply with quote

vinay28 wrote:
bharatpatel wrote:
I was referring --

which day rate will be called hawala rate ? today or tomorrow ? last day of expiry rate or new serirs first day rate ?


havala is NF close on expiry day


Thanks for clearing my confusion ..
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    iCharts Discussions Forum Index -> Market Direction All times are GMT + 5.5 Hours
Goto page Previous  1, 2, 3, 4
Page 4 of 4

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You cannot attach files in this forum
You cannot download files in this forum


Powered by phpBB © 2001, 2005 phpBB Group

@MEMBER OF PROJECT HONEY POT
Spam Harvester Protection Network
provided by Unspam