Monday, January 24, 2011

Nifty Intraday Update-III

Dear Kumar,

Rochak parekh has sent you a mail detailing his case history as suggested to him earlier. Look into it ASAP. Your noble gesture is recognised by one and all. Thank you.

Dear Rochak Parekh.... Our prayers for a smooth recovery soon.

...

If it is a pull back after the break out above 5710, it should hold the day's low -5698

68 comments:

Unknown said...

i feel little concern about NF blow 5719 now..and as sir told..i expect it shd stop at 5698...

MANOJ said...

Respected Lango sir ji!

Thank u aapke msg ke liye, Kumar ji pls Rochak ji se jald sampark kar lijiye. Prabhu jald se jal Rochak bhai ji ko swasth kare..aisi meri praarthna hai.

Manoj

Rajagopal said...

Your status grows with every magnanimous gesture you make. God has blessed you devoid of ego and self confidence. I am very proud to be associated with you.

===

Please don't read much into broker's sell call (TISCO). It is a published one. just that.

Rajagopal said...

devoid of ego and self confidence = "devoid of ego and full of self confidence"

KM said...

Can somebody explain me why addition in OI of 10L in
jan series when only 2 trading days left?

mynac said...

Dear satheesh,

I totally agree with you but the intra day O.I,data used to change near expiry & as Nifty has not gone below 5624 in convincing manner means the sellers have stopped their selling for awhile to get higher levels,& as it is not breaking the down side in convincing manner,it is possible that few of them probably closing their shorts at current level & aware of the fact that low roll over is always dangerous both for Bulls & Bears.

MANOJ said...

Dear Rajgopal sir ji!

Ego insaan ki sabse badi dushman hoti hai aur sabse badi baat ye hai ki jyaadatar ego rakhne wale logo ko ye pata hi nahi hota ki unhe ego ki koyi problem hai. Nifty teji dikha rahi hoti hai aur hum short karte hain aur fir gussa karte hain..ye bhi ek EGO hi hai. Agar iski jagah hum Nifty se hi samjhe ki wo kya karna chah rahi hai to shayad kuch ishara mil jaaye, isi liye Trend ko predict karne ki jagah usey follow karna jyada safe rahta hai.

Manoj

mynac said...

Dear Tigar,
We used to get exact picture after EOD data file.Till it is addition but if, it is short covering by Bears who were short from top,then it shall reflect in Bhav Copyby way of deletion.

Rajagopal said...

priya manoj - mera Hindi aapki angrizi sae bura hai. lekin dil mae eog nahi honae sae mere kamiyon se dartha nahin. Ego nahi ho tho kudh ki kamiyan door karnae ki koshish banthi hai. Kya aap mae ego hai? nahin naa... tho angrazi bholo...mouka hai seeknae ki. Mera mathru basha mahan. lekin doosra basha seeknae ki mouka kyo ko jawaen?

Unknown said...

57ce shed 11% OI and 57pe added 32% OI

Sujatha said...

mynac - what about the gap area??? 5696?? it will not fill?? sir's lead indicator showing "caution" ahead if 5760/70 not taken out.. then still -ve on the card expiry may be around here only 5700 levels whatever it is closing around here for this month is -ve only according to me then it will drag for another 2 months and upmove may possible during budgest... a guess from my side

KM said...

Thanks Mynac.U R right. What time the RBI will have
announcement 2morrow... Looking to enter at lower level
to take advantage of gap up opening...... may be...

Unknown said...

Onion prices have crashed at Lasalgaon, Nashik’s wholesale market due to sudden increase in the supply. Wholesale onion prices have plummetted to Rs 13 a kg in Lasalgaon.

MANOJ said...

Arey Rajgopal bhaiya ji!

Hum north Indian jyadatar Hinglish use karte hain..HINDI+ENGLISH, aadhi Hindi aur aadhi English...Jaise How r u bhaiya ji! Goodmorng sir ji! Sach baat ye hai ki mai ghatiya english likh kar apni majaak nahi banwana chahta, par jitni bhi use karta hoon wo sahi hi bolne ki kosish karta hoon...Fir bhi sar ji agar galti se kuch kah diya ho to maaf kar dijiyega...aap to bahut senior blogger hain.

Manoj

mynac said...

@ Sujatha,
So cautious me too and will close intra long if could not cross 5747 (3Hema)in latter trading Hrs.

Fire said...

Momentum above a sustained move above 5759.

Rajagopal said...

No Problem Manoj...pls continue what you are comfy with. Language can never be a barrier here. It is the willingness of the Southie that allows him to learn atleast 6 languages by time we cross college.

Bhavan said...

@Mynac ,GA.
Kindly explain how to decipher 'highest OI in 5700 put of feb series (due to overheard knowledges I see this as bullish sign but DO NOT understant HOW)

satheesh said...

Rajagopal sir,

Vannakkam, - Sujatha for example - english, tamil, telugu, kannada and hindi!! god knows what more she knows!!!! :)

MANOJ said...

Dear RajGopal bhaiya!

Aapki to baat hi kuch alag hai, aap to gyaani purush hain. Market par aapki timing bahut sateek baithti hai...kabhi 2.30+ aur kabhi 2.30-, kabhi 60 points + aur kabhi -60...aap mahaan hain bhaiya ji.

Manoj

Rajagopal said...

Vanakkam Satheesh. For Suja it is "palavum kattru mara(kkathae)". She does more home work than her D. Must be consuming more "rough note books" !!!

radesyam1 said...

sujatha
what is your mailid?
syamala

Crorepathi said...

How come suddenly Onion supply increased ("Nasik, Maharastra")it takes 90 days for this crop to grow.If someone had cultivated on the price rise it should take another atleast 45 days.
Welcome to world of commodity trading

mynac said...

Dear Bhavan,
There is always a fear of fall in the market at xyz level.But in spite of this fear those who are writing the PE are very much confident that market shall not fall from here or if it shall from,then also they shall buy and give support or stop the fearful fall at nearest strike price level. Which is at present it is 5700,so it is said a Bullish sign.

Sujatha said...

mynac - y i am saying is feel nifty future is still weak only :P and the fall from 6181 is too bad atleast 5875 level has to taken out this month to nullify the "bearish engulfing" truncated week month end nearing will it go to this level??? market is supreme.. let us see i am not biased just trading the levels :P
manoj - seer javoo sirji mey aap se adhik sikana hoga..poor written hindi.. hehe. thoda adjust karo na
Satheesh - lolz?? பேசுà®®் à®®ொà®´ிகள் யாவுà®®் தமிà®´் போல் இனித்திடுà®®ா

Sujatha said...
This comment has been removed by the author.
Rajagopal said...

Crore not harvested crop. Either the imported (Pak) has reached or hoarders are releasing (short covering ???). You might have missed the declaration by some traders on "how many trucks" he is holding and how many more xxx is holding. This is what I meant by "supply" side triggered inflation. What can RBI do to this?

satheesh said...

@ crorepathi,

Anyhow it is enough if oninon prices come down by any means - Onionkku thani budget vaikka vendi irruku!!!

Bhavan said...

Thanks Mynac,
This would mean that puts were sold(written)when the market was down?

akash vijan said...

NSE PULLLBACK BRKING HD N SHLDR
TGT 5875 WATCH THE LINK BELOW
http://safelyenterstocks.blogspot.com/

Anonymous said...

RP get well soon. We love u.

satheesh said...

Sujatha,

It is an appreciation from the bottom of my heart!!! not joking serious!!! I really admire you ways of expressing!!!

bizagra said...

Ilango sir, hope conservatives carrying longs??

Crorepathi said...

RG,
I think your point is valid and we will have 25 bps raise, as JNSAR is long :)
I was talking to my uncle, retired RBI employee,he said after seeing todays SENSEX closing they will decide rate change :)

satheesh said...

*your ways of expression!!

nifty said...

Wishing for a speedy recovery for RP.

S&P 500 has all the indications of a minor Top @ 1296.06 last week.

Here is the possible A-B-C correction and its EW waves:

wave A-(1) took it down to 1271.26
wave A-(2) retraced 80% of wave (1) to 1291.21 on Friday.

Now wave A-(3) is expected to take the S&P to 1255 or so.

KM said...

Well said Mynac. I feel market may open gap up & fall
after RBI announcement. Whats your view?

Unknown said...

hi mynac...one point here plz...hope this helps you...
in the last 20 mts of NF movement from 5729-740 it has accumulated 4 lacs...though small amt...it signifies when it happens at cruicial moments and times...

regards

Sukanya said...

Dear Manoj, why do not you use hinglish sometimes, here nobody will make fun of your english. moreover you are already showing your skill over market and a lot of people respect you for that. Come on.. And I can assure you we have some respectable contributors here who are admired for their command over trading and not over english. :D

Sujatha said...

radhe - hv u noted my id means, pls. post reply
satheesh - hehe :)
crore - yarenum instant vengayam kandupidhiirukkangalo ennavo.. lolz:) edhukum vengayatha urikarapo jakirathi, ulle chinnatha bomb erukumo ennavo?? yaar kandar

Rajagopal said...

Crore 50bps.Above this will be a surprise. Total 100bps to be raised in next 3 qtrs.

Charu said...

Hi RG Sir,
I had longed FEB nifty as per JNSAR @ 5760.
As per part booking thing shud i book half @ 5800 (today or tomorrow)?

Unknown said...

@tigar= missed all the action it seems. went long at
5698, n went out for some work. Hope nifty Rockets

Rajagopal said...

Charu : I am holding. Anuj has asked whether con Long are c/f?

PS : cud u pls confirm?

Sujeet said...

Dear Sir,
If today closing is not above to DHEMA..then can we close it today or carry for next day. 2morrow is uncertain day...Please revert?

thanx.

Local said...

I think nifty means to leave us hanging for one more day.:)

MANOJ said...

Dear Mishra ji!

English film dekh lene ka matlab ye bilkul nahi hai ki mai english film ka director ban jau, kyonki movie to tab bhi samajh me aati thi jab silent movie bana karti thi. Mujhe apni maatrabhasha me likh kar bahut sukoon milta hai aur Hindi ke thru bhi bahut log is cheej ka faayda utha sakte hain. Fir bhiaya ji aap jaise sachche supporters ab hain to translate karne ke liye so mujhe kya chinta...5730 ke upar ki closing kal subah ek ghante tak Bulls ko hi faayda pahunchayegi aur 5825-30 Rbi policy se pahle hi Nifty ja sakti hai.

Manoj

Bhavan said...

@RG,Anuj,Sir has already given indications of holding longs in the begining of this post

mynac said...

Dear ka ,
Your observation is very nice."5729-740"I always take JNSR,Hema,Lema,Cema as important levels for both i.e.for spot & Future.This is my way of trading.So my thinking is that, after crossing 5727 by NS,as now today there is discount for NF,when NF's turn came later on it took a halt there and after crossing that level suddenly rose 10 points.
This is my understanding because used to observed this many times previously.I take TA figures as a guide line for both.

Rajagopal said...

"leave us hanging for "

Yoda u mean it has formed the Hanging Man pattern???(your LOL only).

Piyush Sharda said...

rgsir
me holding jnsar and conservative both

Rajagopal said...

Thanks Bhavan. Charu - note pls.

Local said...

ok, LOL, RG.;)

Crorepathi said...

Thanks RG,
I am learning economics insight.

bizagra said...

Thanks RG, Bhavan, Charu...

mynac said...

Dear Rochak Parekh,

Get well soon.Our wishes are always with you.

With Regards,

Unknown said...

holding jnsar long...
Thanks and bye everyone.
thank you sir.
byeeee.

Sujatha said...

mynac - still itching for "downside" not convinced with Nifty future levels 2morow it may move up or down?? :P :P
RG - lolz sir

Rajagopal said...

Bye Sir. Bye Friends.

rrknan said...

i hv recd a message to keep away from bankinga nd real estate.

KM said...

Mynac, R U still Holding CE 5800?

Unknown said...

My journey of 1st jnsar Jan-24th-2011..I believe this day and date are going to be the biggest milestone in my career and unforgettable day for the rest of my life. Today is jnsar birthday for me :-) wish me all :)
c u all 2morow.
bye one n all.
bye sir. :)

mynac said...

Dear Sujatha,
Tomorrow's JNSR is around 5720 so this time at least cushion there for Bulls & a hint for Bears.If it will fly then it is a Bird,& if it will swim,then it will be frog.Let us see

Dear RG,
We shall come to know about this "Hanging Man" tomorrow.Whether he will die or shall remain alive.:))At present only Mr.Subbarao knows the answer.

Rajagopal said...

btw : going by Mr Kumar's intent to help others with ayurvedic methods, he must have certainly reverted/in touch with dear RP. Kumar Sir...

RP : fight it out buddy. SAI is just testing your faith in HIM. You will be with us all very soon in full strength. God be with you. Not just words...I walked thro this fire very recently being bed ridden (with no illness - just PAIN).

mynac said...

Dear Tigar,

@ Sujatha,
So cautious me too and will close intra long if could not cross 5747 (3Hema)in latter trading Hrs.
January 24, 2011 2:36 PM

At it was intra long from 13.3 to 15, so squared off at 17.85 at 3.14.23 PM

Let us see tomorrow.

"Nayi Gilli,Naya Danda" for Tomorrow.

KM said...

Wishing U many happy returns of the day, Vidya...

mynac said...

Dear Vidya, All the best for your
"jnsar" birthday.
Mr.Subbarao is with us.

If he will deny,then the new JNSR for tomorrow is with us so Don't worry.

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