Nifty Futures Weekly And Intraday Analysis Trend Report

[dprasad.k]

Thank you Nishikant!

I am still long. will look forward to hear more from you.

Once again you are really GREAT!!! :clap:

 

[nimish01]

i exited at 5039 itself
neways i still feel market may go up even on monday
according to me there must be a great fall in this august so they may take markets to great levels till then
but 15k is too much
i feel at the max it may go till 13.5-14k

 

[raghav361]

what is the target for rnrl 75ca(april) ?

 

[Nishikant]

RNRL April 75 Call Analysis

HARI OM RAGHAV361


RNRL APR 75 CA CLOSED AT 1.4


CALL HAS CLOSED IN THE RED.


CALL WILL BECOME BULLISH ONLY ON A CLOSING BASIS ABOVE Rs 2.



MAJOR RESISTANCE FOR THE CALL IS PEGGED AT 2.55 & UPTREND WILL REGAIN ABOVE 2.55 ONLY


ABOVE 2.55 TARGET IS 3.16 3.79


PROFIT BOOKING EXPECTED OR SELLING PRESSURE EXPECTED AT 3.79


IF SUSTAINS ABOVE 3.79 THEN CAN SEE A RISE UPTO 4.40 & 5.04.


CRUCIAL SUPPORT IS PEGGED AT Rs 1.


A BREACH OF Rs 1 WILL TAKE THIS CALL TO 0.66 AND 0.22


0.22 IS THE BOUNCE BACK ZONE & A MAJOR SUPPORT AND THE ONLY LAST HOPE IN CASE OF FURTHER DOWNFALL.



HAVE A NICE WEEKEND.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[stocker]

i hold 50 lot of Nifty Futures @ 3499.90 expiring on apr 30, 2009.

Should i hold it or square it off on monday?

 

[pkamalesh]

Re: RNRL April 75 Call Analysis

HARI OM RAGHAV361


RNRL APR 75 CA CLOSED AT 1.4


CALL HAS CLOSED IN THE RED.


CALL WILL BECOME BULLISH ONLY ON A CLOSING BASIS ABOVE Rs 2.



MAJOR RESISTANCE FOR THE CALL IS PEGGED AT 2.55 & UPTREND WILL REGAIN ABOVE 2.55 ONLY


ABOVE 2.55 TARGET IS 3.16 3.79


PROFIT BOOKING EXPECTED OR SELLING PRESSURE EXPECTED AT 3.79


IF SUSTAINS ABOVE 3.79 THEN CAN SEE A RISE UPTO 4.40 & 5.04.


CRUCIAL SUPPORT IS PEGGED AT Rs 1.


A BREACH OF Rs 1 WILL TAKE THIS CALL TO 0.66 AND 0.22


0.22 IS THE BOUNCE BACK ZONE & A MAJOR SUPPORT AND THE ONLY LAST HOPE IN CASE OF FURTHER DOWNFALL.



HAVE A NICE WEEKEND.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE[/B]

Nishikant bhai...Do you think Charts can help in OPtions too??? With the Time decay and other factors attached to options would it be feasible to depend on charts and technicals on the OPTION PRICE??? Rather i feeel The STOCK PRICE can be analysed and would be much more helpful to take a call or put of that particular stock....Waiting for ur inputs...

 

[MurAtt]

i hold 50 lot of Nifty Futures @ 3499.90 expiring on apr 30, 2009.

Should i hold it or square it off on monday?

That one HUGE position.
Hope u hv Hedged it.
Trade Safe.

 

[Nishikant]

Kamalesh Bhai, Murtaza Bhai & Stocker Bhai

HARI OM KAMALESH & STOCKER BHAI, ASALAM VALEQUAM MURTAZA BHAI

Nishikant bhai...Do you think Charts can help in OPtions too??? With the Time decay and other factors attached to options would it be feasible to depend on charts and technicals on the OPTION PRICE??? Rather i feeel The STOCK PRICE can be analysed and would be much more helpful to take a call or put of that particular stock....Waiting for ur inputs...
Reply With Quote

YES KAMALESH BHAI, AS FAR AS I HAVE BACK TESTED MY TRADING SYSTEM THAT I ALWAYS USE TO WRITE FOR BANK NIFTY & NIFTY FUTURES, IT WORKS FOR OPTIONS TOO. IT ALSO WORKS FOR GOLD, SILVER & CRUDE OIL.

LIKE YOU HAVE MENTIONED EARLIER, STOCK PRICE PLAYS THE KEY ROLE TO FACTOR THE OPTIONS SEGMENT, BE IT CALL OR PUT. YOU ARE RIGHT ABOUT THAT VIEW.


THE RNRL 75 CALL IS A BIG RISK OF MONEY, BECAUSE RNRL IN IT SELF IS BEARSIH TILL IT DOES NOT CLOSE ABOVE 65 WITH STRONG VOLUMES, SO 75 IS TOO FAR TO ACHIEVE. & RNRL 75 CALL AS I HAVE MENTIONED EARLIER IS BEARISH BELOW Rs 2. ANY BULL RUN IN IT CAN BE SEEN ONLY ON A CLOSE ABOVE Rs 2 ONLY OR ELSE RNRL 75 CALL CAN PERISH.

SEE THE DAILY CHART OF RNRL 75 CALL IT IS RED AS OF DIPPED IN BLOOD.

KAMALESH BHAI IF YOU HAVE READ MY ANALYSIS OF RNRL 75 CALL THEN DO VIEW THE MOVEMENT OF RNRL 75 CALL, NEXT WEEK. THE MOVEMENT IN THE ABOVE CALL CAN MATCH MY PREDICTION.

STOCKER BHAI, WHATEVER MURTAZA BHAI HAS SAID IS ABSOLUTELY RIGHT. IF YOU HAVE SUCH A HUGE QUANTITY LONG IN NIFTY FUTURES THEN YOU SHOULD HEDGE YOUR POSITION. YOU COULD HEDGE YOUR LONG IN NIFTY FUTURES BY BUYING PUTS AT THE STRIKE RATE OF 3300.

I WILL BE POSTING THE WEEKLY TREND ANALYSIS REPORT OF NIFTY FUTURES SOMETIME LATER. SO STOCKER BHAI DO CHECK IN. YOU WILL GET THE IDEA FOR THE NEXT WEEK.

I HOPE MY REPLY WILL BE SATISFACTORY.

GANPATI BAPPA MORYA

HARI OM

REGARDS,
NISHIKANT K. HADGE

 

[Nishikant]

Introduction To Elliot Wave Theory

HARI OM FRIENDS


I Am Attaching A PDF File. This File Is A Basic Introduction To A Theory Mostly Used By A Large Number Of Analysts To Predict The Medium Term & Long Term Targets Of The Stock Market All Around The World.


The Theory Is Known As "Elliot Wave Theory"



Kindly Download The Attached File.


I Will Be Uploading Another File Which Would Give More In Depth Knowledge About The "Elliot Wave Theory".


GANPATI BAPPA MORYA


HARI OM


Regards,
Nishikant K. Hadge

 

[stocker]

thank you everyone for your advice