Rajdeep Kashinath
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Correction is Over Nifty CMP 8341

Rajdeep Kashinath at 12:22 PM - Mar 28, 2015 ( ) Views: 2,547

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I personally feel that correction is over and we may see upside in Nifty from 8341, longs have been taken creating panic situation and when small traders sit aside shaking there head, struck up with margin calls.  News channels are also spreading panic to add fuel to the situation planting all irrelevant stories.

Probably this is the time to venture into longs, also my OI study is saying best chance of pull back from 8341 to 8400 and more levels.

http://www.mudraa.com/trading/206231/0/nifty-direction-based-on-open-interest.html


(1 to 13 out of 13) - Latest Replies on Top | First | << Previous | Next >> | Last |
Rajdeep Kashinath at 06:31 PM - Aug 14, 2015 ( )

@ 8518 - History repeats itself from 8340 to 8518 again.Smile

Prem Pimenta at 09:48 AM - Aug 13, 2015 ( )

lets see how much upside, GST  tamasha in afternoon

Rajdeep Kashinath at 09:28 AM - Aug 13, 2015 ( )

8420 DONE Cool

Rajdeep Kashinath at 08:35 PM - Aug 12, 2015 ( )

@ 8349 - Two times recovery came from this level. Lets see.

Krunal Amin at 09:09 PM - Mar 30, 2015 ( )

then again profit booking will be there

Dilip Nilekar at 09:02 PM - Mar 30, 2015 ( )

I heard tomorrow is rate cut by Mr.Rajan.

Krunal Amin at 07:49 PM - Mar 30, 2015 ( )

ok so now again there would be correction 

Rajdeep Kashinath at 07:34 PM - Mar 30, 2015 ( )

Krunal 

The OI was giving me targets of 8400/8450/8500 at max so i was bullish only up to this level. Just expecting a Dead Cat Bounce which was achieved today. I will take fresh call only when there are clear signals. Till then just wait and watch.

Krunal Amin at 10:25 AM - Mar 30, 2015 ( )

in this thread you saying that correction over and in your other thread nifty based on open interest tour are saying more down side after 8400- 8460 .. i i am confused which direction you are saying 

Rakesh Padhi at 09:42 AM - Mar 30, 2015 ( )

great..great and great call

Rajdeep Kashinath at 09:20 AM - Mar 30, 2015 ( )

8400

Rajdeep Kashinath at 10:30 PM - Mar 28, 2015 ( )

I am contrarian this time. Market does not behave in the manner everybody think. If it was so than everybody should be minting money in the market. My study of OI is prompting me to be Contrarian. Lets see. Laughing I am long this time.

Krunal Amin at 04:59 PM - Mar 28, 2015 ( )

but as per others here in mudra and even media they are predicting more down side till 7900

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