Daily Tryst with Nifty

[praveen taneja]

More than gap filling this.



I think 4430 right? 4550 is far away.

Selling is evident and now time to buy PE's on next retracement....

If 4450 doesn't hold then it will most probably go to 4430 to flush stop which S1 also lies so good place for short covering as well.
Premium wiped out

100 pts in one hour -- WoW

Yup....I am surprised....if 4530 broken I am selling my call or if 4550 doesnt hold on closing basis I am out.....

Hahahahaha solar eclipse effect panic everywhere hope shorts wont b killed again

same problem again

 

[Sunil]

at last a green hammer (nearly)- too much OS

 

[MurAtt]

Yes they will be -- Puts OI increasing on every fall --- just checked the Options Chain on NSE website, PUTS OI INCREASE on 4400 & 4500 (more), 4600 (minimal) levels

 

[Sunil]

from heights of OB to depths of OS (5min)

no wonder - the TALLEST 60min bar (110+pts) in recent times

 

[lazytrader]

100 pts in one hour -- WoW

One trade you could have taken is one hourly the 11am bar is a NR shooting star. In forex you try this called pinbar trade which if you had taken on break of 11AM low then you would have gotten a 100pt profit till 4430 which is S1. :thumb:

 

[Sunil]

Hahahahaha solar eclipse effect panic everywhere hope shorts wont b killed again

very true -

seems like all eclipse days end in RED!!!

PT bhai, do u have list of all eclipse days of last one year - it will be an interesting backtest

 

[ag_fx]

Bulls went for lunch break at 4550 or became lunch themselves???
LOL

now we have an OUTSIDE DAY (applicable for tomorrow)

Inspired by you...a poem by me :

http://www.traderji.com/technical-a...re-5min-ambush-style-live-163.html#post339342

 

[MurAtt]

Call bot at 75, sold at 46.

STS in OS zone for long, so more steam -- remembers ST da -- trading the Oscillators ....

 

[MurAtt]

We fill the second gap and then resume upwards (less likely) bcoz 100% retracement almost complete i.e. rise from 4400 to 4560 and back to 4400.

What r u viewpoints - members ...

 

[Sunil]

gap support at 4407-4398