Will have an expiry day contest today...rules are simple1. One number to be given (no range is allowed)2. It should be backed with reason3. Last entry will be 2.30pm.
at morning fall jun future cost of carry was -14 and at this fall is +15??can any expert guide about this. i read on net (bramesh tech analysis) but couldnt understand how to interpret....thanks.
Dear Guru,My expiry guess is 7535. Above 20 DMA to keep the fast rise in contention.
GA ILLANGO SIR.Expiry near WHEMA@7560.
Prices retraced the "Last rise of 7442 to 7593" by 50% at 7518.Weakness below 7500(or VIX range low at 7497), 61.8% approx for aggressive traders.
Traders, Please note, more 2 hrs left for the "expiry day contest"..Hurry up your entries...
@Sujatha,Good Morning. Hope u didn't check my mail.Long TSL hit & Exit. No new positions.W.H4@7608 ↑ W.H3@7560 ↓ for NS.Even yesterday low & 2 days sup broke this moment im indecisive becz of some reasons.i will enter only when a valid PA signal. Till taking rest...........................................
@Guru Krishnan ji,kindly take my entry.My expiry guess is 7554 (week pivot).Reason-its indecision till now in week tf.No major move expected.may move between hhema-hlema to close near 7554.
Vksoni ji.. hope you don't mind me carrying out this expiry contest this month :)
Julius - SPAM eaten my post :( it seems
Julius - "at morning fall jun future cost of carry was -14 and at this fall is +15??" do you understand anything??? what i mean is one is minus another one is plus...apart from these...nothing...pls. post something.. or elseshriram ji/STB - pls. clear the doubt tks n advance
guruji,no i dont mind.i am happy.keep it up-:)
@JuliusW.H3 7560 D L3 7560, its the turning point ?may see it in the afternoon session
Cost of carry is the premium or dicount expressed in terms of %. Also shows whatNF was at discount of 3 pts in morning low hence it showed negative COC , in the later fall it was at a premium hence showed positive COC
Julius - "im indecisive becz of some reasons." what is this? u and mkt taking a "same decision"?!!FIIs kku pasikudho illayo,vangarangalo, vanthi yedukarangalo :P yenakku ippave stomach-la bell ringing...
Respected Sir,NamaskarNifty future is playing game in between 7522 and 7537 future levels from 10 AM to till this post. Lets see which level gets broken.
Also touch twice the JNSAR for bank nifty at 15173 ...lets see
@Sujatha,Athu romba easy boss. http://prntscr.com/3wm1u9Indecisive reason irukku boss.@Chandiok,As per my swing observation 7540 below weak.7593 above strong. If one use pivot system alonefor that qn below 7560 as you said. 7514 shouldbreak for flow else doubt. personally today i didntdo anything till few clear price action signals.Just my Keep it So Simple view. i may b wrong...
My expiry guess: 7526 (DLEMA + 10)14Lac addition in 7500CE7Lac addition in 7500PE 7500 still a good support but Bears won't let NS go much higher either.DLEMA @ 7516
@COC...Bramesh has explained it nicely....Nothing more needs to be said...How does COC represent bullishness or bearishness:Change in COC seen along with open interest........For a rising OI increase in COC = Accumulation of long positionsFor a rising OI fall in COC = Addition of short positionsFall in OI with rise in COC = Closure of short positionsFall in OI with fall in COC = Closure of long positionsOn expiry day significant number of positions are rolled over with higher cost of carry = BullishnessAlso read thishttp://www.nseindia.com/content/press/futures_mkt.pdf
@ Julius totally agree with you!NS 7560 of NF 7575 are the reference points
Good afternoon Master & Friends
Pranam to Master and copy to All@Guru KrishnanPlz ping me on Gmail so I can share contest XL sheet link with right to edit
@DR sir Pranams.
Guru Krishnan - Done Boss now you can delete your e-mail IDJ.R.Juliushttp://i230.photobucket.com/albums/ee35/rajphotosok/Mail%20Attachments-Love%20Theams/954c.jpg
expiry @ 7550........above dema
Prices "again" retraced the "Last rise of 7442 to 7593" by 50% at 7518.(7514)7500(or VIX range low at 7497), 61.8% -SL approx for aggressive traders.
+WW forming, one dip < 7514 will do it, 1-4 tgt is 7540-50
Last Half an hour to go...:) whats your number ???
@Shriram;Uchala data lavkar
7504 closing today possibly ..
@ Nilesh : TUjha saathi kahi pan. Kay pahije sang ? ;-)
D Anand.. if its for expiry contest, you need to back with reason ...
New Post Done.
expiry at 7560 above 5 dema