G.Afty master & JN Family,Smelling a Super Bullish expiry, can Nifty show 6K ??... lets c :-)
Friends todayis expiry and lets have a contest here.Aprail nifty expiry guessing contest.The rules are simple- There are only 3.a) Just call out the series close for aprailb) No wild guess. A reason is must. Everyboday must give a expected close figure and reason for that.no range (4000-4050) ,only one figure e.g.4000c) You need to do it After 9.15 today and before 2.30.Seniors plz contribute.
@Shriram,Nice wish.. But it seems the resistance is heavy around 5930-5955 (MHEMA)
Siri have exited longs. what could be the re-entry level considering OB situation in day charts and vth wave completion!thanks
@SriramWhat happened to your "shani bhagwan"????(MHEMA!!!!!!! LOL
Tata Steel may complete vth up on hrly chart
@ Parimal,Consolidations during the rise from 5477 have been of 107, 62, 53 points.Next consolidation could be more than 62 points from the highs. Re-enter accordingly.
Hi CDG,Expiry ke din... will Day's high be bound by technicals ?? No definite answer, just a view based on OI build up & a wish too, ek baari 6000 NS dikha do bas :-)@ Indus: Shani Maharaj is Cl.EMA, though HiEMA shud RESIST no doubt !Lets say, the prayer is he can shower some blessing on low price CEs actually ... ;-)
Thanks Dear Sir for the kind guidancethat comes near to 21hrsma
@ Shriramhuge addition in 6000ce at 0.05near 31lakhs intradayat such small amount writers will not be getting any benefitis it buying by strong hands???also strong addition in 5900pe of may series
2 hours left fr contest closing.hurry up who know you could be winner
@ S4s : Vallah! Now u better make it come true ;-D
My expiry guess is 5945Just around month hema
Master, If every hr new high is making then talking of consolidation is now premature?
Weak below rises to "5896".@ R3.5910.
STOCK4SURE thanks, May series OTM calls are stagnant, can you kindly give any reasons please, thanks
SirIs a small running correction done in 2min chart
Weak below rises to "5896".Master, unable to understand Is it weak below 5896 ?
5892 is some good suoortmay bounce again towards 5922cmp 5893
@ prakashbkc,I have been giving "weak below" number since morning, if you have been following it.And that number has been modified to a higher number. And the same number is revised again to another higher number - hence, weak below rises to "5896".
option prem eating exercise is onduring LUNCH timeare writing 5900pe at every small dipintraday addn of 50+ lakhs
@ The_Unprejudiced_Observer,vth Done? Yes...Follow the retrace of 5792 to 5910 for more clues.
Vix is hitting lows and market is getting down?
Nifty this month series may close at around 5860.
@Anandha , please give reason
Master how u identify weak below 5896?
5881 is 55ema in 5 min charts
@ prakashbkc,@ 12.14PM, Nifty made a low of 5895.75 and rose in 5 waves completing the (v)th of vth.If not sub-dividing further, it would be weak below 5896; and it reached even the last target for the day: R3 @ 5910.
SirIs 5th of some degree done at 5909 as it was retraced in 50 percent of the time .If true then as condition overbought at day tf Correction expected and 5900 should not be seen intraday.
Thanks Ilango ji5882 23.6%5865 38.2%5851 50% near today's open5837 61.8%
@ vksoni,My expiry guess.Closing 5865Around 100-DMA
expiry close expected @5856:higher tf average
my expiry guess 5836 being the value average trade rate of 5800calls.
@ deepak pinto,One should not get carried away by these 2-min chart labeling.(Or even Hour charts). Prices could retrace the last rise by 38%-50% and can resume too.An obvious looking wave completion identified @ a resistance point and prices are being followed.2.00PM close to be watched for the next confirmation.TT is still in green.
Just to share observation.High volume purchase seen in 5900PE from Rs 13.91 to 15.08 with huge unwinding.Can be kept in mind as caution for longs.
Thsnx Master for reply Such minute wave following is unimaginable hats off to u Master.
Dear Sanjay SirYour views on market expiry time?Thanks!
@anandharequest you to pls give reason so i can take your entry
all contriutores pls check your entry herehttps://docs.google.com/spreadsheet/ccc?key=0AiuEr0q3LMk2dDV4RmRQa1RqWk0wQUpvYWcxNjEzWmc&usp=sharing
My expiry guess 5940
Dear All,2nd observation sharing cause its in sync with Masters view.Reverse of last series seen in May series. Good buying of 5900 and 5800puts observed with increase in OI.Can be studied with this view in mind as the series progresses.
sir ji,if index > w-hema & > m-hema :what could be the possible next tgt/s.
Sir I stand for correction.May be better to say crrection on intraday.As tt is greenThanks
vikas pls give reason
Nifty has got the best chance to touch 6week high today.
Expiry @ 5850/5865....50% retrace and intra LEMA
@ Vksoni,pl accept my expiry close view for NS @ 5950Reason : MnHi may try to stabilize before EOM & hope that Bulls can overpower bears @ 59strike
Condition...curent close must be below HHEMA
mmarketman pls give one figure
closing @ 5840...developing 21 hour sma.
New Post Done.
Expiry will be @ 5880...Based on OI