nifty expiry views

tomorrow ns may open with a small gapup near 6064ns
and may trade in 6117-6060ns range
and close near 6106
tomorrow call buyers will be looking for a dip to buy calls but operators will not allow them
6100pe will be made zero
sl below 6032ns

most probably operators may keep ns in tight range till 2-2.30pm may be in 6060-80 range
after2.30 may pull up ns towards 6117 levels 

being expiry day trade with caution and strict sl as per your risk capacity

if in coming next 2 weeks ns does not close below 6021 anyday then ns may possibly trgt 6224ns levels

 

BEARISH WW PATTERN

TODAY NS FACED RES EXACTLY NEAR THE UPPER T/L (BLUE LINE)(ALTHOUGH IT WAS A HIGHER HIGH ABV 6101 ALSO A 52WK HIGH ) OF A BEARISH WW PATTERN AS SHOWN IN CHARTS

IS IT POSSIBLE THAT NS MAY DIP TOWARDS 5910-320 RANGE IN NEXT 2 DAYS OR MAY BE TILL FRIDAY WHICH WILL ALSO BE NEAR SUPPORT OF 55EMA LEVELS IN NS DAILY CHARTS??

IF ITS SO 6000PE CAN BE LOTTERY THIS SERIES

6038-34 IS STRONG SUPPORT AS SHOWN IN PINK LINE

IF NIFTY BOUNCES FROM 6038 NEAR LEVELS THEN MAY MOVE TOWARDS 6128-37 RANGE TILL FRIDAY

MY GUESS IS THIS EXPIRY WILL BE VERY INTERESTING AND CAN BE VERY REWARDING TOO IF HAPPENS TO BE ON RIGHT SIDE

NIFTY VIEWS

NS 5 MIN 5 DAY CHARTS
NS TRADING IN CHANNEL PATTERN
VERY NEAR TO CHANNEL SUPPORT
POSSIBLY A BOUNCE MAY BE EXPECTED FROM SUPPORT NEAR 6038-32 RANGE..ANY BUY NEAR THOSE RANGE CAN HAVE SL BELOW 6021..SUPP BELOW 6021 IS 6113-6008 RANGE
6076-82 IS RESISTANCE  RANGE AS SHOWN IN PINK LINE IF COULD NOT SUSTAIN ABV IT THEN WILL AGAIN RETEST LOWER T/L OF CHANNEL
ABV 6088 IF SUSTAINS MAY MOVE FOR HIGHER HIGHS TOWARDS 6123-28 RANGE TILL EXPIRY
TOMORROW MAY TRADE IN 6038-6103 RANGE 

views from a friend

Even now they are net long in Index Fut by 143814 contracts, Stock Fut they are net sellers for 648540 contracts and they are also net long in Puts by almost 4 times the index fut net long in terms of no of contracts. This was till yesterday, today`s data is not yet available. This indicates bearishness. When market goes up they increase puts and reduce the index futs and when it goes down they reduce the puts and increase the index fut, resulting in ping pong. They have full control of what is happening. NSE has all these details.source:email on 25th after close of mkts

NIFTY VIEWS

STRATEGY FOR MONDAY TRADING:

ON MONDAY NIFTY MAY OPEN WITH SMALL GAP UP ABV 6088 AND MAY MOVE UP TOWARDS 6108-6113 RANGE WHERE NIFTY CAN BE SHORTED WITH SL ABV 6124 FOR TRGTS 6091-6077-6063

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ALTERNATE BEARISH VIEW:

A BEARISH WW DEVELOPING IN NS CHARTS
MAY TRGT BELOW 5930NS LEVELS IN 2-3 DAYS
CAN RBI CREDIT POLICY MAY BE THE REASON OF THE IMPENDING FALL IN NIFTY???

NIFTY VIEWS

AS PER FRACTALS I AM EXPECTING FOLLOWING MAY BE PATH OF NIFTY THIS SERIES

6123-6050-6137-43

ON EXPIRY DAY MAY SEE SERIES HIGH OF 6137-43 RANGE

MONDAY-BULLISH
TUESDAY-BEARISH
WEDNESDAY-BULLISH
THURSDAY-BULLISH
FRIDAY -MAY BE BULLISH TOO

an expanding triangle pattern developing in ns charts
tomm BUY any dips IF comes may be near to 5996-6001 (sl below 5988)levels and then a big rise towards 6123 levels may be coming this series

fractals are indicating
1.either a big - big gap up tommorow and then downslide may start again for 6000 near levels
or

2.if opens with a small gapup abv 6038-44 range then will keep moving up and up as day proceeds towards 6088-6099 range
if sustains abv 6044 buy with sl below 6026

remaining days in this expiry may see great volatility

also RBI credit policy on 29th can be a lottery to option buyers

expecting ns to trgt near 6143 this series

FM lures FIIs, assures to cut deficit by 60bps for 4 yrs

FM lures FIIs, assures to cut deficit by 60bps for 4 yrs

The finance minster has promised foreign institutional investors (FIIs) that he will stick to the 5.3% deficit for the current year. He aims to reduce the deficit by 60 basis points in each year for the next four years till it reaches 3%.
He reassured investors that he doesn’t intend to make the upcoming Budget populist or an election Budget

EXPECTING TOMMOROW NS MAY TRADE IN 6030-6088 RANGE
ABV 6088 BULLS MAY REGAIN CONTROL

 

NIFTY POSITIONAL TARGET NEAR 6500NS LEVELS TILL MARCH END

another chart of ns which is indicating that ns is trading in an expanding triangle pattern and thus indicating  bullishness for new all time highs till ns does not break below 5850 decisively(this support levels may move up towards 5900 by1st week of february

charts are showing channels (pink and purple lines)within a bearish WW pattern(trgts near 5900-5920 near 8th  february)) which is also T/L support of expanding triangle pattern in blue lines

red lines which has lend support previously will give resistance to nifty upmove

6160-6189 is big resistance range

  nifty may move very swiftly after retest near 5900 levels towards 6300-6500 range

NIFTY VIEWS

if ns opens gapup on monday ABV 6100 and breaks abv 6118-6123 levels on monday then my guess is ns may trade in 6060-6160 for rest day of this series
this weekend on thursday  may see high near 6154-6160 levels and on expiry day i.e., 31st january  may see near 6060 levels.
may broadly trade in pink channel as shown in charts

this is just my guess and expectations based on some mathematical calculations and chart patterns will update more on monday after mkts closing

if any1 views are matching with my views  based on any other type of analysis then please post  

expected trading  range for ns 

monday  6102-6123-6100-6112
tuesday  6135-6135-6106-6129
wedne    6131-6140-6101-6135 
thurs      6160-6160-6096-6107 

 POSITIONAL TRADE:
SELL NIFTY ON ANY UPMOVE IN 6148-60 RANGE WITH SL ABV 6190
TARGETS ARE BELOW 5950 IN FEBRUARY SERIES

JP ASSOCIAT VIEWS

ON MONDAY BUY JP ASSOCIAT NEAR 89.0-88.8 RANGE WITH SL BELOW 88

TRGTS  93.4-93.8 TILL 24TH JANUARY


SELL AGAIN NEAR TRGT RANGE IN 93.4-93.8 ON 24TH
 FOR TRGTS 

89.8 TILL EXPIRY THIS SERIES

NIFTY VIEWS

BASED ON FRACTALS I AM EXPECTING FOLLOWING TWO POSSIBILITIES FOR NEXT WEEK

(1).MAY CONTINUE TO TRADE IN THIS TIGHT RANGE OF 5938-6027 FOR NEXT WEEK WITH ALTERNATE RED AND GREEN DAYS ...IF THIS HOLDS RIGHT THEN NS MAY DIP TOWARDS 5880NS LEVELS IN WEEK STARTING 21ST JAN(MOST PROBABLY ON 24TH JAN THURSDAY) AND THEN WILL MOVE UP AGAIN TOWARDS 6000NS LEVELS TILL EXPIRY OF THIS SERIES
MONDAY MAY OPEN WITH POSITIVE BIAS AND MAY TRADE IN 5938-5988 RANGE,IF CLOSES ABV 5963 ON MONDAY THEN TUESDAY CAN BE A GOOD DAY FOR BULLS AND NS MAY TRGT 6027 INTRADAY

(2).SECOND OPTION IS FAVOURING BEARS AND AS PER  THAT VIEW EXPECTING NS TO TRADE IN 5823-13 RANGE ON LOWER SIDE AND 5981-88 RANGE ON UPPER SIDE FOR NEXT WEEK....ANY DAY IF NS CLOSES BELOW 5932 OR INTRADAY DIPS BELOW 5923NS WILL BE SIGN OF CAUTION FOR BULLS AS NIFTY MAY START ITS DOWNWARD JOURNEY FROM NEXT VERY DAY WITH SOME GAP DOWN OPENING
IS NS DOES NOT FALL BELOW 5813NS LEVELS ON CLOSING BASIS THEN THE NEXT UPMOVE CAN BE VERY SWIFT TOWARDS 6100+ LEVELS
AS PER ABV VIEW ON MONDAY NS MAY OPEN FLAT AND MAY TRADE IN 5928-5981 RANGE ,TUESDAY NS MAY CLOSE BELOW 5932 AND FROM WEDNESDAY DOWNWARD JOURNEY STARTS

BUY NIFTY AND BANK NIFTY
 CMP
NS 6001 SL BELOW 5981
BN 12730 SL BELOW 12670
TRGTS
NS 6077
BN 12840
TILL TOMMOROW
EXPECTING A CLOSE NEAR DAYS HIGH TODAY

NIFTY DAILY CHARTS

NIFTY VIEWS

IN NEXT 6-7 TRADING SESSIONS NS MAY TRGT 6100-6123 RANGE

SELL NIFTY  IN 6100-6123 RANGE WITH SL ABV 6185
TRGTS 5810
ALL NS LEVELS
TILL END OF JANUARY

THEN TILL BUDGET NS MAY MOVE UP AGAIN TOWARDS 6228 NS LEVELS

JACKPOT TRADE:
BUY 6000PE JAN2013 WHEN COMES IN 25-30 RANGE

TRGTS 180 NEAR LEVELS

HAPPY NEW YEAR 2013

Thanks to those who Hated me,
They made me a Stronger person.
Thanks to those who loved me,
They made my Heart bigger.
Thanks to those who were worried about me,
They let me know that they actually cared.
Thanks to those who left me,
They made me realize that nothing lasts forever.
Thanks to those who entered my life,
They made me who i am today.
Just want to Thank Every One At The Last Day Of 2012
Wishing you all and your family members a very, happy, prosperous, peaceful and great 2013