Thursday, June 26, 2014

Nifty Intraday Update-II


36 comments:

Guru Krishnan said...

Will have an expiry day contest today...rules are simple
1. One number to be given (no range is allowed)
2. It should be backed with reason
3. Last entry will be 2.30pm.

anmpatel said...

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.

Raghavendra said...

Dear Guru,

My expiry guess is 7535. Above 20 DMA to keep the fast rise in contention.

dv pandit said...

GA ILLANGO SIR.
Expiry near WHEMA@7560.

Ilango said...

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.

Guru Krishnan said...

Traders,

Please note, more 2 hrs left for the "expiry day contest"..Hurry up your entries...

J.R.Julius said...

@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...........................................

vksoni said...

@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.

Guru Krishnan said...

Vksoni ji.. hope you don't mind me carrying out this expiry contest this month :)

Sujatha said...

Julius - SPAM eaten my post :( it seems

Sujatha said...

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 else

shriram ji/STB - pls. clear the doubt tks n advance

vksoni said...

guruji,
no i dont mind.i am happy.keep it up-:)

chandiok said...

@Julius
W.H3 7560 D L3 7560, its the turning point ?
may see it in the afternoon session

chetas said...

Cost of carry is the premium or dicount expressed in terms of %. Also shows what

NF 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

Sujatha said...

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...

vishnu said...

Respected Sir,
Namaskar
Nifty future is playing game in between 7522 and 7537 future levels from 10 AM to till this post. Lets see which level gets broken.

vishnu said...

Also touch twice the JNSAR for bank nifty at 15173 ...lets see

J.R.Julius said...

@Sujatha,
Athu romba easy boss.
http://prntscr.com/3wm1u9
Indecisive reason irukku boss.

@Chandiok,
As per my swing observation 7540 below weak.
7593 above strong. If one use pivot system alone
for that qn below 7560 as you said. 7514 should
break for flow else doubt. personally today i didnt
do anything till few clear price action signals.
Just my Keep it So Simple view. i may b wrong...

Sonu said...

My expiry guess: 7526 (DLEMA + 10)

14Lac addition in 7500CE
7Lac addition in 7500PE
7500 still a good support but Bears won't let NS go much higher either.
DLEMA @ 7516

sometimesbullsometimesbear said...

@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 positions

For a rising OI fall in COC = Addition of short positions

Fall in OI with rise in COC = Closure of short positions

Fall in OI with fall in COC = Closure of long positions

On expiry day significant number of positions are rolled over with higher cost of carry = Bullishness


Also read this
http://www.nseindia.com/content/press/futures_mkt.pdf

chandiok said...

@ Julius
totally agree with you!
NS 7560 of NF 7575 are the reference points

Nilesh Patil said...

Good afternoon Master & Friends

Dinesh Rishi said...

Pranam to Master and copy to All

@Guru Krishnan

Plz ping me on Gmail so I can share contest XL sheet link with right to edit

Guru Krishnan said...
This comment has been removed by the author.
Dinesh Rishi said...

Guru Krishnan - Done Boss now you can delete your e-mail ID

J.R.Julius
http://i230.photobucket.com/albums/ee35/rajphotosok/Mail%20Attachments-Love%20Theams/954c.jpg

rj said...

expiry @ 7550........above dema

Ilango said...

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.

shriram said...

+WW forming, one dip < 7514 will do it, 1-4 tgt is 7540-50

Guru Krishnan said...

Last Half an hour to go...:) whats your number ???

Nilesh Patil said...

@Shriram;
Uchala data lavkar

D Anand said...

7504 closing today possibly ..

shriram said...

@ Nilesh : TUjha saathi kahi pan. Kay pahije sang ? ;-)

Guru Krishnan said...

D Anand.. if its for expiry contest, you need to back with reason ...

Rajan said...

expiry at 7560 above 5 dema

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