NIFTY 50 future TRENDS-Part 2

[jamit_05]

u r mistaken since last 3/4 months diff between spot & next month has been 50/60 consistently... after expiry it comes down to 30/40 after mid month comes down to 20/25... please check b4 ....

It seems positional traders are better off rolling-over after mid month... else 30 odd points per lot are lost in premiums...

 

[Sultaan]

So in the last few days, before expiry it is at the highest... hmmm...

This is not something new, a new month premium of nifty or stock will usually tally with the ongoing interest rate after deducting margin from net amount, after all in futures u are using OPM (other people's money), unless there's dividend.... In bear mkts it's reverse

 

[SEVEN STAR]

nf.. Breaks..5909..5890..5970
break out only above 5927.

nf.target 1 hit........5890........

5890..breaks ..further weakness could set in

........expecting this range till close ..low..5890..high 5920

 

[Bewinner]

what was the reason for last 30 mins drama of Nifty?

 

[SEVEN STAR]

Jan..series starts how for nifty can go will it cross 6000 ?..or room for some correction before makes any fresh new levels..
End of third wave which is in progress will be confirmed only close below 5720..
Spot nifty fails to cross and close above 5960 before 7th Jan..itself is signals the start of wave Four which is corrective in nature can extend up to 2 months may be end of Feb 2013....nifty may bottom out around 5550
conclusion spot nifty breakout 5960 wave..3.. still have steam extend it journey..fails to do and breaks 1st..5820 and then 5720 confirms the start of wave 4.. target for it..approximately 5500

EW..MARKED IN BLUE LINES

 

[SEVEN STAR]

spot nifty res..5893..5916..5930
sup..5856...5847...5824

 

[jamit_05]

Sultaan,

It looks shaky from the the option chain view.

@SPOT 5900;
5900 CE = 118
5900 PE = 69

PE is behind by Rs.50; That is 70% behind. It is extreme, deserves correction.

 

[Sultaan]

Sultaan,

It looks shaky from the the option chain view.

@SPOT 5900;
5900 CE = 118
5900 PE = 69

PE is behind by Rs.50; That is 70% behind. It is extreme, deserves correction.

again u r mistaken, options moves acc to nf not spot, though in the end all turn same.... spot maybe whatever but nf is +50ish...

 

[SEVEN STAR]

CLOSING PRICE..5908..Jan spot nifty view keep sl 5947 on closing
for targets..5827..5780..5730

 

[a1b1trader]

Will Nifty Fut be able to cross this trendline on Monday
Or will fall down to lower trendline.

http://imageshack.us/photo/my-images/201/niftyjan281212.png/