Monday, February 3, 2014

Nifty Intraday Update-III


31 comments:

Chetna Jethi said...

@ shriram, how is 6000 levels OI positioned now???

Raman Kapoor said...

@ Chetna

6000 PE OI is almost at 71 lacs while 6000 CE is very quite

raghava said...

6200 PE Premium is only 10-14 Rs.

Chetna Jethi said...

i wanted to know the addition / covering wrt to previous post, Raman!! 6000 PE still being written..OI increasing steadily or not?

ITradeForProfit Daily said...

6000PE and 6100CE prices tending to cross over.

hari said...

@ ITradeForProfit - Had ND sir breakdown happened below 6031?+

shriram said...

@ Chetna:

OI wise, max adds @ 6000 PE, as of now..

Stats wise, the 1Std Dev zone (68.2% chance) for NS bounce will be 5980-6020, with HiFreQ Mean @ 6000 NS ..

Chetna Jethi said...

thank you, shrirram and thank you for the Ramky book ,,,it helped

Ilango said...

Monday, February 3, 2014
Nifty Pre-Market View.

In sum, holding 6047, bounce continues into the res. zone of 6086-6115(&6141) and
Staying below 6073-78, fall continues towards 6047 & lower...6015,6001,5971.
====================================
Held above 6047 at open, moved into 6073-78(6075) and moved towards 6047 & lower ....6015 (6019)

raj.abj said...




























@PRAKASH BKC
Dear sir if we are in the 5wave..so where it will ends...
in which wave now we are...



hari said...

@ ITradeForProfit - Since you are following the strategy, i am asking you,
Once breakdown has occurred below 6031 it gave sl @ today's high, then again price moved up to 6042. The screen back to normal saying buy zone & sell zone

Could you pl explain ?

GV said...

@experts
one doubt....last time we shorted JNSAR @ 24/1/2014. still open position... but january expiried. then how to hold our position?

Prabhat said...

@GV - you roll over. By this you cover your shorts & take new short position.

SAM said...

GV.. Rollover position to next means FEB SERIES (Means CLose JAN Position and Make Fresh Short Position in FEB SERIES)

ITradeForProfit Daily said...

@hari,

ND Sir, will be in a better position to explain. The site is automated and hence the signals change as the prices change. ND Sir has clarified in the past that use these signals in conjunction with momentum indicators like ADX.

ITradeForProfit Daily said...

6000 PE about to cross 88...lets see

Sandeep said...

Premium at 39 points !

hari said...

@ ITradeForProfit Thanks. If you able to get answer from ND sir, pl inform me by mailing to hariharanpandiyan@gmail.com. Thanks once again

murli said...

ILLANGO SIR
NIFTY SHORT HOLD FOR TOMARROW

Raman Kapoor said...

addition in 6000 PE is at 2 million. Seriously high confidence in 6000 or what?

Iris said...

Still cant understand such a huge addition in 6000 PE. Covered my shorts. Will look again for a good point to re-enter. Hope markets give me a chance.

Any view from Option experts. What is interpretation of addition of 6000 PE OI with decrease in price.

shriram said...

Aah.. now, Holding 5980 NS, ideal time for a bounce 40-50pts..

Arun v said...

Good buying or covering in Nifty futures (We can't see Nifty below 6000 again in this year?)

GV said...

@PRABAT&SAM
THANKS YA

shriram said...

its too late now in the day to buy here.. guess best time to attempt longs will be tomo morning , if we open weak..

Bye all !

Prabhat said...

@Shriram: Not sure if we can go long here.... Mkt closing below 6000 & that too when highest OI addition for 6000 PE (77 lac & this is the 2nd day of the series) ... does not seem to be the obvious... is this some bear trap to fool us all ...

SJkolkata said...

6000PE is all buying side by Heavy weights. With every increase in OI there was increase in prices breaking all resistance. Serious Caution Advised.

shriram said...

@ Prabhat:

the view is based on Stats... price action expands & contracts like a rubber band, once it starts trading > Dhi or < DLoEMA

Tomo's ideal levels to go long will be once price makes a low such that Dev.DloEMA - Days Low > 50-70pts ; or

we recoup 34WkEMA @ 6034... any one of these , for a hi-prob contra trade.

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