shiv Prasad
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NIfty /Market view with IFs n ButsShiv Prasad

Shiv Prasad at 09:41 PM - Jun 21, 2017 ( ) Views: 8,550

10 11

I am confusing my threads like Bear thread and giving Bullish views..May be old timers Understand..But not new ones..They will laugh like any thing and will count me as a Jom of Mudraa.......

I dont want..it. I would say........market is Like an Apsaras from Indra Lok( Urvashi, Menaka, not maneka Gandhi, and Thilothama..) it mesmerise u with its movements and traps both sides.......NIfty is an Item which has made most traders bankrupt beacuse of its swashbuckling Movements.

No more preaching..When I find some time..I will give my view which I think or technicals say, But with some ifs n buts..I am a real trader who use my emotions and egos .........while trading with market. But I always prefer to put my Stop loss before waiting for any targets.

This is dedicated to some of my old pals..........who are interested to read my style of writing  without assessing the results..

So all the best for you........And Me


(1 to 20 out of 166) - Latest Replies on Top | First | << Previous | Next >> | Last |
Shiv Prasad at 12:49 PM - Feb 21, 2019 ( )

Trade not triggered...Cancelled.

Shiv Prasad at 10:22 AM - Feb 21, 2019 ( )

Nifty future Cmp 10741

Buy at 10706..WD sl of 15 points target 10808...

It has support around 10718...break only will gv u this trade..go for it if triggers. 

Shrikant Athekar at 06:49 PM - Feb 20, 2019 ( )

Agree..If 10700 - 10675 Is Hold Then bullish in upmove 10870 - 10890 act as a resistance and 10920 Strong resistance.. trend change to clear super bullish above 10920

Shiv Prasad at 06:10 PM - Feb 20, 2019 ( )

Shrikant Ji,

U r observations are perfect. Today even I had thought of big rally and gave a buy then used stop loss which I felt was enough..

I did not give a sell there....because of the same view.

It was accumlating shorts and shaking out weak bulls for upside movement...

regarding market testing 11000+ right now I dont find any reason as there is going to be chaos because of likely election/indo pak relations etc..A rally/pull back up to 10850-70 will be the stop point for current trend and it takes out that area , it can bring 10950+ which will only think of 11000+

We should be on alert.........every time to take care of some unexpected news.

regards

Shiv Prasad at 06:13 PM - Feb 20, 2019 ( )

Regarding Copper...I agree with u minimum rally of 465-70 is in offing..

It should not break 448 also mostly before 458, I think...

Shorts shold be avoided.......and longs should have perfect stop losses...right now Coppper has only positive news from all fronts..

 

Shiv Prasad at 06:10 PM - Feb 20, 2019 ( )

Shrikant Ji,

U r observations are perfect. Today even I had thought of big rally and gave a buy then used stop loss which I felt was enough..

I did not give a sell there....because of the same view.

It was accumlating shorts and shaking out weak bulls for upside movement...

regarding market testing 11000+ right now I dont find any reason as there is going to be chaos because of likely election/indo pak relations etc..A rally/pull back up to 10850-70 will be the stop point for current trend and it takes out that area , it can bring 10950+ which will only think of 11000+

We should be on alert.........every time to take care of some unexpected news.

regards

Shrikant Athekar at 05:29 PM - Feb 20, 2019 ( )

Shiv Ji, 

if you closely read movement then trading pattern in NIFTY Fut. is same as COPPER in MCX...COPPER trade below trend line (437 - 431 Range) for many hour coming Above Trend line but in Same candle it close below it & it Also give daily closing below trendline for 2 days...But once It sucessfully trade above trend line (for 3 hour) A sharp upmove came from 437 to 453.90 (Today) May be it hit 484+ If 445 Level Hold In Coming days.  

Same Happened In Nifty - In nifty from last 4 days we see a sharp sell off Coming from higher levels First From 10820 To 10641 Then From 10755 To 10650 Then Again From 10756 To 10602 More over it closes below long term trend line (just like copper) for last 3 days Hourly As Well As Daily - Today Also after Making High Of 10724 it Sharply Moves down to 10663 level...Now What Happned Today When it coming down from making high of 10724 many traders feels today it break yesterday low of 10602 (Because Of Last 3 Days pattern) But it give Sharp upmove Upto 10770 (Settle @ 10756) - I Judge a sharp upmove today & I share too in my nifty thread that (Aaj Ulta Hoga Kya ??) 


Conclusion - After Last 3 Days of closing below trend line today nifty also manages to close above trend line (just likes copper), Now If 10700 - 10675 Hold In Downside Then I Expect New High Above 11140 In coming days.

My views may completely goes wrong.

Shiv Prasad at 04:12 PM - Feb 20, 2019 ( )

We lost a big opportunity today.........due to our stop loss...hit...Still we did not sell ..thats good

Reliance maker or breaker....turned to be the maker...so it pulled up.

Dont worry....market again has pulled up from beaten down levels.We covered lows yesterday at 590 which was its support level...then bounce back.

May be market will run some more ...so far ok...but once it breaks down once dead cat bounce is over new lows are waiting .........for Market..

May be that will happen in the form of some war front news or some thing else.Use next days bounces to trade with positive bias rather than negative ....with a view of triggering stop losses any time all of sudden with a bad news...not to scare but to be ready for expecting unexpected all of sudden

Shiv Prasad at 02:23 PM - Feb 20, 2019 ( )

I m not in a position to give sell....better we trade tomorrow...Reliance is looking weak ...it can pull down index with a target of 1208 odd...if its high is safe

its reliance maker or breaker...intersted players can sell reliance future with 1228 cmp sl 1239

sell in cash...may be a jackpot..or big sl ....

Shiv Prasad at 02:14 PM - Feb 20, 2019 ( )

game Over.........

Shiv Prasad at 02:07 PM - Feb 20, 2019 ( )

Thanks- booked profit

hahahha...good jo bhi mila sahi hai...rather than taking tension till 2.30 its better...

Harmesh Singh at 01:55 PM - Feb 20, 2019 ( )

Thanks- booked profit

Shiv Prasad at 01:55 PM - Feb 20, 2019 ( )

cmp 10716...may be spike only after 2.30????

Shiv Prasad at 01:47 PM - Feb 20, 2019 ( )

cmp..10701

Its looking to attract shorts in system before pulling up to new highs.If the current movement is concerned

So change ur sl to strictly 10669.50......and hold ....

Not more than even 1 point.Because if it touches 10699.90..then allround selling possible to make new lows( this is not a sell call when it falls...but just my view.)

Bye......

Shiv Prasad at 12:44 PM - Feb 20, 2019 ( )

@ Parag

Good...

Wait for both targets......

Cmp 10705

Parag Molu at 12:27 PM - Feb 20, 2019 ( )

I am in at 10679

Shiv Prasad at 12:08 PM - Feb 20, 2019 ( )

Buy nifty futures if it comes near 10672 with clear sl of 10664...for target of 10730-10760.

Thats all........

Bought 10677.........with same sl....

Shiv Prasad at 11:54 AM - Feb 20, 2019 ( )

Nifty cmp 10689.50

(Futures)

Its on a dead cat bounce from good support 590....and now rallying.

Its a buy on declines untill 10665 is safe

Buy nifty futures if it comes near 10672 with clear sl of 10664...for target of 10730-10760.

Thats all........

Shiv Prasad at 03:16 PM - Feb 19, 2019 ( )

10590.00 cmp 10588.10

I m out from all shorts........

Let others enjoy.......LALAJ BOORI BALA HAI.

Shiv Prasad at 02:51 PM - Feb 19, 2019 ( )

Exit full shorts.near 10590-92......spot

 

Shiv Prasad at 02:46 PM - Feb 19, 2019 ( )

New Low..........................just short of 8 points..

those who did not cover full.......lucky

good bye ............

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