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Nifty ahead,

Deva Senapathi at 07:46 AM - Jul 20, 2016 ( ) Views: 4,276

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Dear friends,

Leave your comments on my post about "Nifty ahead...,"

Thanks



From: DEVA SENAPATHI at 09:59 AM - Jul 20, 2016( )


Plan to BUY options for SEPTEMBER 2016,

Nifty 8200 PUT

and 

NIFTY 9000 CALL

Both options are trading between 70 & 85



From: DEVA SENAPATHI at 11:26 AM - Jul 29, 2016( )


Nifty tested 8650. GST pass will be positive for the market. Now 8500/8560 remain support. 



From: DEVA SENAPATHI at 12:26 PM - Jan 15, 2017( )
















From: DEVA SENAPATHI at 04:48 PM - Jan 15, 2017( )


Dear  friends,

Thanks to all viewers and those given their  valuable comments [Specially to  Mr.Kochar]. 

Also just look over the following table for further discussion.

Accoring to the table, Level 8314 and 8335 to be SUPPORT and 8469 will be RESISTANCE.

If the supports holds and resistance broken in the weeks ahead the target would be 8778 plus!? Lets we see....

 Points Down by    Points Down by
  0.236 0.382 0.500 0.62     0.236 0.382 0.500 0.62
8969 6852 5543 4484 3426   8469 6470 5234 4235 3235
6852 5235 4235 3426     6470 4943 3999 3235  
5543 4235 3425       5234 3999 3235    
4484 3426         4235 3235      
3426           3235        
 Points Up by    Points Up by
  0.236 0.382 0.500 0.62     0.236 0.382 0.500 0.62
6852 8469 9470 10278 11087   6470 7997 8942 9705 10469
5543 6851 7660 8314 8968   5234 6469 7233 7851 8468
 Points Down by          Points Down by      
  0.236 0.382 0.500 0.62     0.236 0.382 0.500 0.62
7894 6031 4878 3947 3015   8314 6352 5138 4157 3176
6031 4608 3727 3015     6352 4853 3925 3176  
4878 3727 3015       5138 3925 3175    
3947 3015         4157 3176      
3015           3176        
 Points Up by    Points Up by
  0.236 0.382 0.500 0.62     0.236 0.382 0.500 0.62
6031 7454 8335 9046 9758   6352 7851 8778 9528 10277
4878 6030 6742 7318 7893   5138 6351 7101 7707 8313

I have initiated a debate... coment on it..... 



From: DEVA SENAPATHI at 10:36 AM - Jan 16, 2017( )


Nifty Update on 16 Jan 2017 @ 10:31 am

Open     8390.95

High      8409.70

Low      8374.40

LTP       8402.05

 



From: DEVA SENAPATHI at 10:02 PM - Jan 16, 2017( )


Nifty JAN Future Update on 16 Jan 2017 @ 3:30 pm

Open     8404.00

High      8444.00

Low      8385.05

LTP       8435.00

Close    8431.70

Pre close     8417.70

 

In the last 3 days this contract holding above 8385 and today closed 8431.70

Hold LONG and if breaks 8457 add more



From: DEVA SENAPATHI at 11:22 AM - Jan 26, 2017( )


Nifty Update on 25 Jan 2017 @ 04:00 a\pm

Open     8499.45

High      8612.60

Low      8493.95

LTP       8602.75

As I informed on 15 Jan 2017, Level 8314 and 8335 to be SUPPORT [Tested Low during this period @ 8327.20 on 23 Jan 2017] and 8469 RESISTANCE broken and tested our targets 8520, 8600 also.



From: DEVA SENAPATHI at 08:22 PM - Feb 02, 2017( )


Nifty Update on 02 Feb 2017 @ 04:00 pm

Open     8724.75

High      8757.60

Low      8685.80

LTP       8734.25

As expected almost tested our target 8778 from the support 8314 / 8335.....



From: DEVA SENAPATHI at 02:26 PM - Feb 23, 2017( )


Dear friends, 

By 15 Jan itself we identified Nifty will see 8778 plus.... Beyond 8778 tested next target 8942 now

Add your comments....



From: DEVA SENAPATHI at 09:42 PM - Mar 12, 2017( )


Dear friends,

After consolidation between 8800 & 9000, Nifty to break 9050 and then to reach 9180, 9250.... 9470 plus if holds 8942 /8778 support in the short to medium term.

If open at a BIG gap [expecting to open above 9050] tomorrow use the oppertunity to BUY 8800/8900 NIFTY call for APRIL 2017 first and then 9400 NIFTY PUT for APRIL 2017.



From: DEVA SENAPATHI at 11:05 AM - Mar 13, 2017( )


Dear Friends, 

Happy "HOLI" day.

Sgx Nifty [FUTURE] update: OPEN 9114.25 HIGH 9197.75 LOW 9085.75  LAST 9190 @ 11:00 am  against Previous CLOSE 8954 [on 10.03.2017]


(1 to 20 out of 21) - Latest Replies on Top | First | << Previous | Next >> | Last |
Deva Senapathi at 07:42 PM - Feb 18, 2017 ( )

Dear friends, 

By 15 Jan itself we identified Nifty will see 8778 plus....

Add your comments....

Varun Kochhar at 03:43 PM - Feb 01, 2017 ( )

So how are the shorters feeling. No i am not making fun of them. They just ignored charts. Simple.

Deva Senapathi at 06:28 AM - Jan 27, 2017 ( )

Nifty: Level 8314 and 8335 acted as SUPPORT [Tested Low during this period @ 8327.20 on 23 Jan 2017] and 8469 RESISTANCE broken and tested targets 8520, 8600 also ........

Varun Kochhar at 05:53 PM - Jan 26, 2017 ( )

This feeling of denial is also fueling this rally as the retail is short owing to their own rationals.

Varun Kochhar at 05:40 PM - Jan 26, 2017 ( )

We just should not ignore the empirical evidence in front of us. Damn the FII's/DII's or anybody else. There was constant addition in volumes as was shown by OBV, it does not matter from whom Fii's Dii's or retail. The views about Fii figures cannot be acted upon objectively till it is not shown in price. As i had written on Leena's thread also that one should always wait for confirmation before taking a view on the markets.

Varun Kochhar at 05:36 PM - Jan 26, 2017 ( )

Just revisiting my posts in this thread 10 days back. Bank Nifty has gone up by more than 1200 points since then. Expecting a big gap up tomorrow as well. It was a screaming buy 10 days back with the OBV reclaiming positive territory.

K.chandrasekaran K at 04:47 PM - Jan 26, 2017 ( )

Rakesh Saab, 

Whether we like it or not, FIIs are big movers of the market. FII figures are positive on 24/1 and 25/1/17.

See the market has simply risen from 8327 ( 23/1 low ) to 8613 ( 25/1 High ) in 2 days. DOW has gone above

20000 on 25/1/2017. So our market may continue to rise. 

Rakesh Padhi at 10:58 AM - Jan 16, 2017 ( )

Chandrasekharan ji, every day you leave a remark with your concern about the FII selling but still market has moved from 7900 to 8400 level. Is this technicals/manupulations/Domestic buy ????????

From : K.chandrasekaran K at 12:58 PM - Jan 15, 2017 about 22 hours ago )

Only concern is that FIIs are still selling heavily. The moment they begin to participate

Nifty may even break the previous all time High before the Budget.

Varun Kochhar at 04:04 PM - Jan 15, 2017 ( )

Deva ji, pls feel free to delete all my comments as this is your thread and i am sorry for intruding.

Varun Kochhar at 03:58 PM - Jan 15, 2017 ( )

Just to bring this to your perspective. The OBV at the lows was minus five(-5) million contracts. And at the highs of 20600 they were at +3 million contracts. So we have covered more than 5million contracts that were short in the last 2 weeks.

Varun Kochhar at 03:54 PM - Jan 15, 2017 ( )

I hope my views are clear. I would be cautious only below 18800.

Varun Kochhar at 03:52 PM - Jan 15, 2017 ( )

One cannot ignore the evidence in front of you. I am posting a chart to explain my views.

This is a BankNifty chart of 5min. The upper panel is the OBV. The red horizontal line is the zero level line. The OBV levels came below zero in Nov.The corresponding price is represented by the horizontal green line in the lower panel. The price then was 19780. It went on to make a low of about 17600 in the next 6 weeks. Now OBV levels have again reclaimed the zero levels and are in positive territory. So we do not know but maybe it can go up by 1000/2000 points.Now OBV has been in positive territory for the last 2 days, which is good. It means a lot of accumulation (buying) took place at lower levels because we are not only talking about price which has gone up by more than 8% from the lows in 2 weeks but also buildup in volumes. All bets would be off once the OBV comes below zero as that would indicate distribution (selling).

Varun Kochhar at 03:35 PM - Jan 15, 2017 ( )

Mohanan ji you can be right but to take a trade, one needs some sort of confirmation. You cannot preempt a move just by hearsay or gut feling. Then one is not trading, just gambling i beleive.

Mohanan Edavalath at 03:32 PM - Jan 15, 2017 ( )

Varunji, I was putting forward an alternative viewpoint.  What could be the reason when everybody is bullish, Market suddenly turns bearish?  Or vice versa?  Smart players sometimes misuse the technical analysis to manipulate the market, that is all I say.  Your technical analysis is perfect, no doubt.  But Sir, too much good news is the biggest bad news for Stock Market.  

No bad feelings, we are all members of this family.  Good luck.

Varun Kochhar at 03:25 PM - Jan 15, 2017 ( )

And the sole reason we are all members and participants of this site is because we want to make money from the markets. Show me one signal which is asking you to short the markets. Yes we all would be joining your short band wagon but wait for it to be reflected in the charts first.

Varun Kochhar at 03:21 PM - Jan 15, 2017 ( )

Mohanan ji and Krishnasami ji Deva ji has just expressed his views based on charts. He is just giving his views from a technical analysis view. You are going by fundamental analysis. They both are different. But i personally feel that Technical analysis is very objective whereas fundamental analysis is very ambiguos. I had written on Leena's thread also when she was asking everybody to short, sell everything and leave the markets when Nifty was at 7900 recently. Look where we are now. Almost 7% higher. Deva ji while asking to go long has also given certain levels on his charts below which one needs to come out of their long positions so why to question his analysis.

Senguttuvan Krishnasamy at 03:11 PM - Jan 15, 2017 ( )

Mr deva then why fii and even Dii also selling

nifty may come again 8175 range also soon

mohanan says is correct

no fundamental no technical only game

Mohanan Edavalath at 01:58 PM - Jan 15, 2017 ( )

Every year we look for a pre-budget rally.  It never happens.  How do we know that there is not a crash before the budget?  Technicals are reliable, but at any given moment, all technicals can be negated in one stroke, and the analysists will update the technicals for new highs and lows and other nonsense.  After all it is a game with money.

K.chandrasekaran K at 12:58 PM - Jan 15, 2017 ( )

Only concern is that FIIs are still selling heavily. The moment they begin to participate

Nifty may even break the previous all time High before the Budget.

Deva Senapathi at 12:40 PM - Jan 15, 2017 ( )

Dear Friends, 

On 19 July 2016, I expected a target 9000 for NIFTY and tested as high as 8968.70 in September 2016. Demonetisation / because of some reasons tested as low as 7893.80 in the last month but recovered back to 8400 as of now. As we have seen and met all impacts of demonetisation, we will be in UP TREND in the days ahead if BUDGET outcome also in favour. 

Hope all for GOOD.

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