@ vksoni,It seems so.If so, the (v) would fall into the critical ST support zone of 6143-62.
6128 is Daily Lower Bollinger Band so that is where we may go before any pullback.
Nifty trading below trend line joining lows of 5973 and 6140
The fall is very fast. bank nifty as leading indicator already hinted deeper fall. stay with jnsar and trend i.e friend.
Month long --- Medium term and long term investingWeek Day Hour short -- Positional trading and JNSAR trrading......Vo Doggie....:):):)..Wherever Nifty goes...we follow faithfully...:):)
GM Sir & AllThanx sateesh mam for your timely updates on tatamotors it seems now C wave in full flow
Good Morning Sir,Time to sit tight in the bus which left depot on Friday ! Some hiccups at 6130-40...Thanks for wonderful post- and your additional words - on weekend !
another bear flag ..B.O below 6162 - pole length is approx 75..this bear flag is within the bigger bear flag seen on friday on 30 mins ! Targetting zone now 6130...
6200 level PCR has fallen and continues to fall like a rock now at 1.39. 6100 is strongest support with PCR around 6.68...
Illango sir and all blog mates. Good morning! First time I traded worth jansar and got full rewards. I am very new to this group. Jansar jay ho! Started folloelwing nifty based on jansar triggers
Welcome to the group, Vasantrao Pawar !
plz start a blog sujatha dont allow any comments post your view thatsall
Has any body observed that there is only a 7rs difference between Feb and Jan 6400 puts. What could be the possible reasons. Option experts kindly suggest
i still remember your slowly climbing the hill trade
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, Pivot-6294, S2-6221, S3-6149, VWAP-6186Gap down opening saw the Bears back with huge addition at 6200CE level, Corrective Upside seems limited, Sell on all Rise for the day till VAL at 6267 is not taken out…Thanks & Regards
@ Swami ShivkumaarDeep In the Money Puts usually trades without Premium & secondly the small difference is due to the fact that Feb expiry is still many trading days far. So Feb options still have many days left to expire whereas Jan Put is set to expire in only 3 days.
Illango sir, you have labelled both (1) and 2 in the same region in the chart above. Does that mean that either of these will resolve completely in the time to come and the other one can be ruled out (at least for the time being)? What are the levels that would indicate which of these labels is actually right?
@Niftytrader, thanks for your reply. But the calls are trading with a premium(Ex 5900 and 6000). Might be some thing to do with the NF premium of February.. Not sure..
@share and be sure. Learning a lot with u and this group
@ Swami ShivkumaarIn my 3 years of trading career i have seen calls enjoying huge premium & puts trading in discounts or very less premium. This has more to do with psychology of major chunk of indian traders who feels confident in shorting the market than on going long. And big FII's complete these orders of retail traders by selling put options. Options pricing has nothing to do with Nifty Future and underlying is only Nifty Spot.I plan to write a report on this behaviour of Indian traders. Lets see when can i start a blog.
Nifty Trader good observation.
http://capitalmind.in/2014/01/ndtv-accused-of-laundering-5000-cr-in-yet-another-politically-connected-scandal/#comment-488965Another 5000 crore scam.....!!!!
New Post Done.