Nifty Futures Weekly And Intraday Analysis Trend Report

[sanamtrade]

As per the chart posted it seems unless it crosses the level around 4480-4490 with good follow up , there will be no new up trend, rather it will be range bound trading.........selling pressure will come below 4250

 

[bijovyppil]

Re: System Yet To Be Completed

HARI OM DEAR RAJENDRANI SIR


I KNOW IF I WASN'T NISHIKANT & IF I WAS A REGULAR VISITOR TO THIS THREAD, THEN I THINK I WOULD ALSO BE CURIOUS ENOUGH TO KNOW THE SOURCE CODE FOR THIS LEVELS THAT I POST.


BELIEVE ME THE SYSTEM THAT I USE FOR DERIVING THIS LEVELS IS ONLY HALF WAY DONE. IT IS INCOMPLETE.



THE BASE OF THE BUILDING IS READY, THE FLOORS ARE TO BE BUILT AND THEN WOULD COME THE TERRACE AT THE TOP.


THERE ARE A LOTS OF LOOPHOLES IN MY OWN SYSTEM FOR DERIVING THIS LEVELS. THEY HAVE TO BE TAKEN CARE OF.


I HAVE TO ATTACH THE "INTRADAY CHART" TO IT. I HAVE TO COMPILE AN ENTIRE PROGRAM TO PUT THIS SYSTEM IN ITS PROPER SHAPE.


ITS LIKE I HAVE "CRUDE OIL" BUT I AM TRYING TO CONVERT IT INTO PETROL, DIESEL ETC ETC.


I AM STILL STUDYING MY SELF MADE SYSTEM AND I AM STILL TRYING TO MAKE A LOTS OF CHANGES IN THAT SYSTEM OR THAT SOFTWARE. IT WOULD TAKE A LONG TIME TO GET THIS ENTIRE SYSTEM 100% COMPLETED.


I AM STILL LEARNING IT AND I AM STILL TRYING TO GRASP IT WITH THE MOVEMENT OF NIFTY. IF I AM STILL LEARNING IT THEN HOW CAN I PUT A SYSTEM ON DISPLAY.


IT WOULD BE LIKE LAUNCHING A NEW CAR IN THE MARKET BUT THAT CAR HAS GOT NO "STEERING WHEEL". THEN HOW WILL PEOPLE DRIVE THE CAR THEN



SO DEAR FRIENDS, KINDLY PARDON ME. I AM NOT SELFISH. I AM STILL BACKTESTING IT. THE RESULTS ARE 90% PERFECT BUT THE SYSTEM IS YET TO BE DEVELOPED COMPLETELY.



"RAJENDRANI SIR" PLEASE DO NOT CALL ME SIR. YOU ARE A SENIOR MEMBER HERE. SO DEAR SIR PLEASE CALL ME NISHIKANT. AND I DO NOT LIKE ANYONE CALLING ME SIR.



PLEASE CALL ME BY MY NAME AND I WILL BE HAPPY AND MORE FRIENDLY WITH EVERYONE.



TAKE CARE ALL & GOD BLESS ALL.



GANPATI BAPPA MORYA



HARI OM



REGARDS,
NISHIKANT K. HADGE

:clapping::clapping::clapping::clapping:

thats what all i can say........



All the best Nishikant

 

[Nishikant]

King ( NIFTY ) Is Up But The Ace ( RIL ) Is Down

HARI OM DEAR FRIENDS


:thumb:​

NIFTY HAS CLOSED AT 4375


RIL HAS CLOSED AT 1937




KING :- NIFTY


ACE :- RELIANCE INDUSTRIES ( RIL )


YEAH FELLAS. THE KING IS UP BUT THE ACE IS STILL DOWN.



( KING ) NIFTY IS UP ABOVE IT 25 SMA & 50 DMA OF 4262 ALREADY.


( ACE ) RIL IS STILL DOWN BELOW ITS 25 SMA THAT IS PLACED AT 1965 & ITS WAY BELOW ITS 50 DMA THAT IS PLACED AT 2071.


THE KING IS MARCHING AHEAD WITHOUT THE ACE. ITS DANGEROUS


THE LAST TIME ON 12-06-2009 NIFTY HIT 4693 & THAT WAS THE PEAK.


ON 12-06-2009 RIL HIT 2379 & THAT WAS THE PEAK.


RIL WAS THE FIRST ONE TO CRACK & CLOSE BELOW THE 50 DMA & AFTER 3 TRADING SESSIONS NIFTY FOLLOWED RIL BY BREACHING AND CLOSING BELOW ITS 50 DMA ON A CLOSING BASIS.


FROM THE HIGH OF 4693 NIFTY MADE A LOW AT 3918


FROM THE HIGH OF 2379 RIL MADE A LOW AT 1717.


IN TODAYS SCENARIO NIFTY HAS TAKEN OVER RIL.


NIFTY HAS CLOSED ABOVE ITS 25 SMA & 50 DMA WHEREAS RIL HAS BEEN UNABLE TO CLOSE ABOVE ITS 25 SMA SO CLOSING ABOVE THE 50 DMA IS A BIG JOURNEY FOR RIL!!!!!!


DEAR FRIENDS, RIL THE ACE WILL DECIDE THE TREND OF NIFTY THE KING FOR THE COMING WEEK.


UNLESS AND UNTILL RIL DOES NOT CLOSE ABOVE ITS 25 SMA AT 1965, ITS 25 EMA AT 1954 & ITS 50 DMA AT 2070, THE UPTREND FOR NIFTY IS A QUESTION.


LAST TIME RIL DRAGGED NIFTY DOWNSIDE BY DIPPING DOWNWARDS FIRST.


NOW RIL HAS TO PUSH NIFTY UPWARDS FROM THE DOWNSIDE BY CLOSING ABOVE THE 25 SMA, 25 EMA & 50 DMA RESPECTIVELY.



THE ACE (RIL) HAS TO MAKE WAY FOR THE KING (NIFTY)


HAVE A NICE TRADING WEEK.


GANPATI BAPPA MORYA


HARI OM



REGARDS,
NISHIKANT K. HADGE

 

[MurAtt]

But the previus times (in the history of Nifty) the calculation of the INdex was Market Cap based and now it is Free Float based, so will RIL still make such an impact on Nifty??

Yes all stocks do make an impact but from July 2009 onwards since the change the weightage in the index has been taken over from RIL to Infy ITC NTPC HUL ONHC SBI etc.

Of course I am no expert in this field and am just writing down my simple basic observation.

My views and I could be wrong ....

----------------

Add : Also note that on Friday the Ace RIL has closed in RED but the King Nifty has still managed a whopping green candle and closing right at the top of the candle itself. - Get the drift

 

[Nishikant]

Re: King ( NIFTY ) Is Up But The Ace ( RIL ) Is Down

HARI OM DEAR FRIENDS




NIFTY HAS CLOSED AT 4375


RIL HAS CLOSED AT 1937




KING :- NIFTY


ACE :- RELIANCE INDUSTRIES ( RIL )


YEAH FELLAS. THE KING IS UP BUT THE ACE IS STILL DOWN.



( KING ) NIFTY IS UP ABOVE IT 25 SMA & 50 DMA OF 4262 ALREADY.


( ACE ) RIL IS STILL DOWN BELOW ITS 25 SMA THAT IS PLACED AT 1965 & ITS WAY BELOW ITS 50 DMA THAT IS PLACED AT 2071.


THE KING IS MARCHING AHEAD WITHOUT THE ACE. ITS DANGEROUS


THE LAST TIME ON 12-06-2009 NIFTY HIT 4693 & THAT WAS THE PEAK.


ON 12-06-2009 RIL HIT 2379 & THAT WAS THE PEAK.


RIL WAS THE FIRST ONE TO CRACK & CLOSE BELOW THE 50 DMA & AFTER 3 TRADING SESSIONS NIFTY FOLLOWED RIL BY BREACHING AND CLOSING BELOW ITS 50 DMA ON A CLOSING BASIS.


FROM THE HIGH OF 4693 NIFTY MADE A LOW AT 3918


FROM THE HIGH OF 2379 RIL MADE A LOW AT 1717.


IN TODAYS SCENARIO NIFTY HAS TAKEN OVER RIL.


NIFTY HAS CLOSED ABOVE ITS 25 SMA & 50 DMA WHEREAS RIL HAS BEEN UNABLE TO CLOSE ABOVE ITS 25 SMA SO CLOSING ABOVE THE 50 DMA IS A BIG JOURNEY FOR RIL!!!!!!


DEAR FRIENDS, RIL THE ACE WILL DECIDE THE TREND OF NIFTY THE KING FOR THE COMING WEEK.


UNLESS AND UNTILL RIL DOES NOT CLOSE ABOVE ITS 25 SMA AT 1965, ITS 25 EMA AT 1954 & ITS 50 DMA AT 2070, THE UPTREND FOR NIFTY IS A QUESTION.


LAST TIME RIL DRAGGED NIFTY DOWNSIDE BY DIPPING DOWNWARDS FIRST.


NOW RIL HAS TO PUSH NIFTY UPWARDS FROM THE DOWNSIDE BY CLOSING ABOVE THE 25 SMA, 25 EMA & 50 DMA RESPECTIVELY.



THE ACE (RIL) HAS TO MAKE WAY FOR THE KING (NIFTY)


HAVE A NICE TRADING WEEK.


GANPATI BAPPA MORYA


HARI OM



REGARDS,
NISHIKANT K. HADGE​

​

HARI OM :thumb:


RIL IS THE (ACE), IT SHOULD CLOSE POSITIVE (TECHNICALLY)


THE (KING) NIFTY NEEDS THE (ACE) RIL TO WIN THE WAR.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE​

 

[Nishikant]

Thank You For Your View

But the previus times (in the history of Nifty) the calculation of the INdex was Market Cap based and now it is Free Float based, so will RIL still make such an impact on Nifty??

Yes all stocks do make an impact but from July 2009 onwards since the change the weightage in the index has been taken over from RIL to Infy ITC NTPC HUL ONHC SBI etc.

Of course I am no expert in this field and am just writing down my simple basic observation.

My views and I could be wrong ....

----------------

Add : Also note that on Friday the Ace RIL has closed in RED but the King Nifty has still managed a whopping green candle and closing right at the top of the candle itself. - Get the drift

DEAR FRIEND MURTUZA :thumb:


YOUR VIEW IS ACCEPTED AND NOTED DOWN. THANK YOU FOR THE SAME



REGARDS,
NISHIKANT K. HADGE

 

[heeemz]

But the previus times (in the history of Nifty) the calculation of the INdex was Market Cap based and now it is Free Float based, so will RIL still make such an impact on Nifty??

Yes all stocks do make an impact but from July 2009 onwards since the change the weightage in the index has been taken over from RIL to Infy ITC NTPC HUL ONHC SBI etc.

Of course I am no expert in this field and am just writing down my simple basic observation.

My views and I could be wrong ....

----------------

Add : Also note that on Friday the Ace RIL has closed in RED but the King Nifty has still managed a whopping green candle and closing right at the top of the candle itself. - Get the drift

Murtaza:

You bring an interesting point... Below is a summary of analysis done by various financial media on impact for Nifty going free flot from 26 Jun'09.... Though RIL seems to be still an undisputed leader in terms of weightage but I think now it does have strong competition from some serious players like ITC, Infosys, HDFC etc...

The stocks which will be impacted the most because of this free-float index will be National Thermal Power Corporation (NTPC) and Oil & Natural Gas Corporation (ONGC) primarily because they are Public Sector Undertaking (PSU) companies and government holds a majority stake in that. So the free-float marketcap is much lower in these two stocks. Thus, the weightage of NTPC will fall from 8% to 2% and ONGC from 9.3% to 5%. However, the stocks that will be impacted the most will be the one which will have higher free-float in the market such as ITC, Infosys, HDFC, ICICI Bank, Larsen & Toubro (L&T) and Reliance Industries Ltd (RIL). In the case of ITC, the weightage will go up from 3.6% to 8% and for Infosys from 4.2% to 7.9% and in the case of Reliance it will go up from 12.4% to 14.4%.

Hence, there will be a lot of portfolio juggling that will happen in the next three months because the index will change its methodology of calculating the daily changes or the weightages from June 26.


Cheers,

Heems

 

[heeemz]

Re: Thank You For Your View

DEAR FRIEND MURTUZA :thumb:


YOUR VIEW IS ACCEPTED AND NOTED DOWN. THANK YOU FOR THE SAME



REGARDS,
NISHIKANT K. HADGE

Hello Nishikant Bhai and Murtaza Bhai: Though things have changed due to Nifty going free flot... But RIL still plays a big role from physiological point of view in trader / investors mind... and positive / negative news on RIL can change the mood of market...

That's my opinion... RIL is the BOSS and does play a biggg time on traders/investors mind... With lots of news flows in pipleline (coming week) for RIL, it can certainly become make of break for markets...

Cheers,

Heems

 

[Nishikant]

Kar Lo Duniya Mutthi Mein

Hello Nishikant Bhai and Murtaza Bhai: Though things have changed due to Nifty going free flot... But RIL still plays a big role from physiological point of view in trader / investors mind... and positive / negative news on RIL can change the mood of market...

That's my opinion... RIL is the BOSS and does play a biggg time on traders/investors mind... With lots of news flows in pipleline (coming week) for RIL, it can certainly become make of break for markets...

Cheers,

Heems

SALUTE TO THE LATE MR. DHIRUBHAI AMBANI :thumb:


"KAR LO DUNIYA MUTTHI MEIN" THIS IS THE MANTRA MR. DHIRUBAI AMBANI GAVE BEFORE HE LEFT THE WORLD.


NIFTY & SENSEX IS IN THE (MUTTHI) HANDS OF "RIL"


I DONT KNOW IF I AM WRONG OR RIGHT, BUT IF THE SUPREME COURT RULES IN THE FAVOUR OF MR. ANIL AMBANI THEN THE "RIL" OPERATORS WOULD PUSH THE MARKET OFF THE PEAK AND THE MARKET CAN FALL LIKE A PACK OF FALLING CARDS.


MR. MUKESH AMBANI IS FULLY LOADED WITH HIS AMMUNITION AND IT WONT TAKE MUCH LONG FOR MR. MUKESH AMBANI TO SHOW HIS WRATH IF HE IS DISAPPOINTED.


COMING WEEK WE MIGHT GET TO SEE THE SOFTER OR THE HARDER SIDE OF MR. MUKESH AMBANI, DEPENDING UPON THE JUSTICE SERVED TO HIM.



REGARDS,
NISHIKANT K. HADGE

 

[MINITRADER99]

But the previus times (in the history of Nifty) the calculation of the INdex was Market Cap based and now it is Free Float based, so will RIL still make such an impact on Nifty??

Yes all stocks do make an impact but from July 2009 onwards since the change the weightage in the index has been taken over from RIL to Infy ITC NTPC HUL ONHC SBI etc.

Of course I am no expert in this field and am just writing down my simple basic observation.

My views and I could be wrong ....

----------------

Add : Also note that on Friday the Ace RIL has closed in RED but the King Nifty has still managed a whopping green candle and closing right at the top of the candle itself. - Get the drift

SM brother. You are 100 percent correct and not wrong. It is not your view. It is a fact that weightage for nifty is changed and it is showing its effect. On Friday role of RIL was negligible still nifty was flying.