My Guess: 5060 50% Fibbo level
@s4swhat will be exact SL for banknifty. thanks.
My guessNear DLEMA - 5110
Jiggs - hi... how r u?? My Expiry Guess - 5106 = near by LBB 200 and 50 SMA July 26, 2012 2:18 PM
Dear Jiggs,Pls take my NS value for today's closing Nifty will Resist @ 5121 Wk-Lo-EMA & end the day around DloEMA @ 5113
@Jiggs,5110 just below daily low ema and same as near to y'days closing...
anmpateli guess its some points below 10160at present is getting support near 10197 on lines joining two days lows
@Ilango,We are at a very crucial range of 5093-5103 and that too in an expiry.Will you be so kind as to please post 5 min chart as well just to show a glimpse of EW waves and what are the next possible moves.Thanks and Regards
My Expiry guess 5038 (DH - ATR *1.5)
@sujatha I am very fine
@ CDG ,Till below 4990, I would consider it as a consolidation.However, to manage the trades and considering the "Red TT", I suggested for the retrace of 5144 to 5077, yesterday and even some aggressive selling @ 5115-25 with SL being 80%-5131+1=5132.To label this corrective is challenging but to label a week/ day charts is fairly simple and you get the most crucial "direction" from them.This week closing below its WLEma and then 31st July's close below 5173 would be "Bearish".
Jiigs - who's that "Maharaj" on the seat?? :)
Read as: Till "above" 4990, I would consider it as a consolidation.
my expiry around 5098 Near around yesterdays 50 & 200 SMA. it will surely give a support at least today. :)
wish to see bulls coming out of their dens now
sanz - ulta boss - time up :(jiigs - :) :) mm.. modern jeans maharaj chair size for "rishi kapoor" but "ranbir" size man is sitting
@ Piyush ShardaThank you, I have booked part profit. In the morning I was afraid to take position on Stochastic Negative cross over and after your advise only I took position.
Master , any suggestion to book yday's aggressive shorts?? Thanking you ...
@sujathaRishi kapoor size to me ban na saka to tried his size chair :)
Should it be @ S2 5058??
As per Hawala short @ 5149 ..50% is booked and balance will be closed @ 3.25 pm or TSL 5099
@ Atharva,A logical support is 5058-64.(Part book)If breaks 5042 tomorrow, then 61.8% @ 4991.
July series Expiry guess Link https://docs.google.com/spreadsheet/ccc? key=0AiuEr0q3LMk2dDV4RmRQa1RqWk0wQUpvYWcxNjEzWmc
OK done 50% ??? :( 18 trading days 15 red candles so far
Master @ S2...5058
will it give 5049..that will be perfect 100 pts on hawala short
3.00PM TT & Chart done.
freefall... aah se aahaa tak!
@master a/c to EW (as you discussed in morning) buy around 5085 with SL of 5040. is that view still valid after this fast fall??thanks.
@ Atharva what is hawala short ??
repost:J.R.Julius said... Nifty Spot for the Minor Swing 5144-5076 retraced 61.8% 5119 yesterday itself. Today breaking 5144 may lead 5163 and 5186 initially. incase if downside breaks 5076 may lead 5058 and 5035 initially. July 26, 2012 8:03 AM
Hawala short TSl shifted to 5049..
@ anmpatel,It was suggested that Nifty's consolidation could end in the region of 5042-96(in extreme bearish scenario, it could reach 4991-61.8% also).When Nifty resisted below 5131(80%) with a open & High being same @ 5126.30, it was a sell.When Nifty broke below "5097"(5094)-the minor support, it was a sell.With such weekly TA and trading almost 150 points below MEma(5173), One would postpone such a long entry.
Being last day we may not get 170 pts but still happy with 100 pts..
Mr. SAM it is close of NS on last expiry...
@my pleasure hari_hydwell thanx to dineshbhai for telling this setup.
@Jigs Sir, Am I the nearest to the expiry target yet?
Dear Sam5149 was JUne month's expiry price
5100 pe from 6 rs to 56 ....
Nifty Spot : Down Projectionfor the Minor Swing 5144-5076retraced 61.8% 5119 yesterday itself.Downside breaks 5076 Projections: 1.272% @5058(done) and 1.618% @5035(done)2% PENDING @5010
@ Atharva... how you trade based n last month expiry close
@stock4sure :sir your + ww 60 tf ...though tls are not converging..still a good R::R
@nilesh deshpandeYes u r first current
Thanks Jigs Sir.
@ Jiignesh,The link isn't working.
picture baki hai
@jiigneshThe link not working
It says: Google DocsWe're sorry.That is not a valid spreadsheet URL. Find out more at the Google Docs Help Center.
Got it now.Thanks, NIKUNJ NARIYA.
@sirTry second one or try nikunj's link
Hawala short TSL 5049 hit closed position...
https://docs.google.com/spreadsheet/ccc?key=0AiuEr0q3LMk2dDV4RmRQa1RqWk0wQUpvYWcxNjEzWmc#gid=7 <---- this is the page
@ Nilesh Deshpande,Congrats..Enlighten us on this "DH-ATR*1.5"
Haan suresh eee tho trailer hi laagat hai! :)Dekha ho aagee kaa hovat hai.:):)
yippie...I am Silver Medalist (With Chetas)
NIFTY SPOT TO NF aug shows premium? any reason that market will go up in Aug
Chetas, Bharat, Nilesh close fight!
@ nilesh deshpande congrats!!!!!!!!!!!!!!!!!!!!!!you are the winner!!regards!
@nilesh deshpandeCongrats Thank you sir
Nilesh DeshpandeCongratulation - We want Party man
Congrats Nilesh sir
Congrats Nilesh Deshpande ji! You are clear cut expiry winner...Enjoy & take care:)Thanx Jiigs, take care:)
Anyone close to my guess 5040!
Congrats Nilesh Ji
Ilango said... @ Nilesh Deshpande, Congrats.. Enlighten us on this "DH-ATR*1.5" July 26, 2012 3:29 PM
Congratulation to Nilesh and best wishes others! :)
CONGOOOOOO NILESHSIRAND @ILANGOSIRALWAYS WELCOME GURU
Jiigs Plz check Row No 40 in the XL sheet
@Nilesh ji,Tumhala mana pasun, shubhechha...
@ Nilesh Ji Bahut bahut badhai ho !!
@Ilango Sir,Thanks a lot to you and all blogmates.I was waiting for 5065 to be broken as it was yesterday's close (5110 - 57*0.8) where 57 is ATR at yesterday's close.Normally in absence any adverse conditions, this range of previous close - ATR *0.8 holds as lows and highs.Once the range breaks on either side, the day's extreme, (in today's case the DH) minus the ATR *1.5 is the next logical stop.In case of a upwards break out, this becomes DL +ATR * 1.5Thanks a log once again to all.
@Nilesh Deshpande, Hearty Congratulations.
MERA NUMBER KAL AAYEGA
Nilesh Deshpande sahib sahi predict karte ho yaarBahut badhai ho tumka.Krisna baba ke hotel par party rakhen ka?
Congrats Nilesh Ji!!!!
Hi Deshpande Ji, congrats !!What is ATR? is it Average True Range or Absolute True Range?
dear nilesh,great people like u share there explanation for there decision. thaks for sharing
Congrats Nilesh Deshpande Sir and Thanks for sharing.