Nifty Futures Weekly And Intraday Analysis Trend Report

DO YOU THINK MY INTRADAY & WEEKLY PREDICTIONS FOR NIFTY FUTURES ARE ACCURATE?

  • ITS RELIABLE..... TECHNICAL SUPPORT / RESISTANCE DO EXIST....!

    Votes: 11 100.0%
  • NOT RELIABLE....ITS LIKE LOOKING FOR NIFTY LEVELS BY LOOKING AT A CRYSTAL BALL... !

    Votes: 0 0.0%
  • SOMEHOW THE LEVELS SEEM TO WORK... BUT I AM NOT CONVINCED....!

    Votes: 0 0.0%

  • Total voters
    11
  • Poll closed .
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lancer

Well-Known Member
And if it never comes down then .......

:confused:

scratch yr head dearie ....
Anything that goes up has to come down. It is the law of the mother nature. But in the stock market, a time has to come when it will take a dip.

In the best case that the NF has a an unending climb, cover the short on the date of expiry and go one short for the September series.

It actually needs a lot of nerves and juggling act to manange the scenario. But it works, when the market is choppy with sudden reversals/ Whipsaw action and you are caught on a wrong foot.:mad: But this can never be the trading plan.

BTW, when you are one short and one long what is the margin money and MTM ? NIL and traling profits or losses respectively in MTM.:)
 

Nishikant

Well-Known Member
Hello samlife

Dear Nishikant.......ur doin a splendid job!
can u help me out......from which website i could find the exact day high and low?.....and live charts?......
I'm using Amibroker and can find its daily EOD in Traderji itself......and its helping me a lot to analyse.........

Regards

Samlife
HARI OM DEAR SAMLIFE :thumb:

DO YOU WANT THE HIGH, LOW DURING INTRADAY TRADE????? IF YES, THEN YOU CAN LOG ON TO http://www.nseindia.com OR ELSE YOU CAN LOG THE http://www.bseindia.com

L
 

Nishikant

Well-Known Member
Technical View Of Spot Nifty




HARI OM​


:thumb:


A TECHNICAL VIEW OF SPOT NIFTY



ONCE AGAIN FOR THE SECOND CONSECUTIVE WEEK A HAMMER FORMATION IS VISIBLE



THE HAMMER FORMATION IS A RESULT OF THE STRONG BUYING THAT HAS BEEN WITNESSED FROM 4249



DURING THE WEEK NIFTY WENT DOWN BUT HAS ONCE AGAIN MADE A HIGHER BOTTOM AT 4249 AS COMPARED TO THE PREVIOUS WEEKS LOW OF 4143.



SO 4249 4143 HAVE BECOME MAJOR SUPPORT LEVELS FOR THE SPOT NIFTY & THEY SHOULD NOT BE BREACHED IN CASE OF A CORRECTION.





CORRECTION WOULD HAPPEN ONLY IF THE BUDGET IS NOT ON EXPECTED LINES OR JUST FALLS SHORT ON EXPECTATIONS, AND THEN THE MARKET IS LIKELY TO MOVE DOWN AND FILL THE GAP BETWEEN SENSEX 13479 12256



NIFTY SEEMS TO BE TAKING SUPPORT AT THE 50 WMA THAT FALLS AT 4270



THE MACD & RSI ARE TRYING TO MOVE UP.




THE PROC HAS MANAGED TO MOVE ABOVE 1.50 AND HAS GIVEN A BUY SIGNAL.




CALL WRITING AT THE STRIKE RATE OF 4700 IS VISIBLE & THEREFORE 4700 WILL ACT AS A MAJOR BARRIER IN CASE NIFTY FUTURES MOVES UPWARDS.



PUT WRITING AT THE STRIKE RATE OF 4200 IS VISIBLE THUS MAKING 4200 AS A STRONG SUPPORT FOR NIFTY FUTURES IN CASE OF ANY FALL FURTHER.



HEAVYWEIGHTS LIKE SBI & ONGC ARE LOOKING STRONG AND THEY CAN CARRY NIFTY TOWARDS NEW HIGHER HORIZONS.





RIL HAS BEEN A LAGGARD DURING THIS WEEK, HOPE THAT IT WILL JOIN HANDS WITH SBI AND ONGC TO TAKE THE MARKETS HIGH.



HAVE A NICE TRADING SESSION FOR THE WEEK



GANPATI BAPPA MORYA :)



HARI OM :)



REGARDS,
NISHIKANT K. HADGE
 
Last edited:

MurAtt

Well-Known Member
Re: Technical View Of Spot Nifty

PUT WRITING AT THE STRIKE RATE OF 4700 IS VISIBLE & THEREFORE 4700 WILL ACT AS A MAJOR BARRIER IN CASE NIFTY FUTURES MOVES UPWARDS.

CALL WRITING AT THE STRIKE RATE OF 4200 IS VISIBLE THUS MAKING 4200 AS A STRONG SUPPORT FOR NIFTY FUTURES IN CASE OF ANY FALL FURTHER.
:confused:

Puts at 4700 will ensure that mkt will not close below 4700
Calls at 4200 will ensure that mkt will not close above 4200
Implies mkt close above 4700 or below 4200

or is it just a type with the Calls and Puts interchanged?

:D
 

Nishikant

Well-Known Member
Re: Technical View Of Spot Nifty




HARI OM​


:thumb:


A TECHNICAL VIEW OF SPOT NIFTY



ONCE AGAIN FOR THE SECOND CONSECUTIVE WEEK A HAMMER FORMATION IS VISIBLE



THE HAMMER FORMATION IS A RESULT OF THE STRONG BUYING THAT HAS BEEN WITNESSED FROM 4249



DURING THE WEEK NIFTY WENT DOWN BUT HAS ONCE AGAIN MADE A HIGHER BOTTOM AT 4249 AS COMPARED TO THE PREVIOUS WEEKS LOW OF 4143.



SO 4249 4143 HAVE BECOME MAJOR SUPPORT LEVELS FOR THE SPOT NIFTY & THEY SHOULD NOT BE BREACHED IN CASE OF A CORRECTION.





CORRECTION WOULD HAPPEN ONLY IF THE BUDGET IS NOT ON EXPECTED LINES OR JUST FALLS SHORT ON EXPECTATIONS, AND THEN THE MARKET IS LIKELY TO MOVE DOWN AND FILL THE GAP BETWEEN SENSEX 13479 12256



NIFTY SEEMS TO BE TAKING SUPPORT AT THE 50 WMA THAT FALLS AT 4270



THE MACD & RSI ARE TRYING TO MOVE UP.




THE PROC HAS MANAGED TO MOVE ABOVE 1.50 AND HAS GIVEN A BUY SIGNAL.




CALL WRITING AT THE STRIKE RATE OF 4700 IS VISIBLE & THEREFORE 4700 WILL ACT AS A MAJOR BARRIER IN CASE NIFTY FUTURES MOVES UPWARDS.



PUT WRITING AT THE STRIKE RATE OF 4200 IS VISIBLE THUS MAKING 4200 AS A STRONG SUPPORT FOR NIFTY FUTURES IN CASE OF ANY FALL FURTHER.



HEAVYWEIGHTS LIKE SBI & ONGC ARE LOOKING STRONG AND THEY CAN CARRY NIFTY TOWARDS NEW HIGHER HORIZONS.





RIL HAS BEEN A LAGGARD DURING THIS WEEK, HOPE THAT IT WILL JOIN HANDS WITH SBI AND ONGC TO TAKE THE MARKETS HIGH.



HAVE A NICE TRADING SESSION FOR THE WEEK



GANPATI BAPPA MORYA :)



HARI OM



REGARDS,
NISHIKANT K. HADGE



HARI OM DEAR FRIENDS :thumb:



RANGE BOUND MOVEMENT EXPECTED UNLESS AND UN TILL 4700 IS NOT TAKEN OUT ON THE HIGHER SIDE AND 4200 IS NOT TAKEN DOWN ON THE LOWER SIDE.



GANPATI BAPPA MORYA



HARI OM



REGARDS,
NISHIKANT K. HADGE
 
Last edited:

gunavadhi

Well-Known Member
Correction would happen only if the budget is --------- on expected lines or just falls short on expectations, and then the market is likely to move down and fill the gap between sensex 13479 – 12256

i think you missed the word "not" in the place i given----. Or am i wrong bro?
 

Nishikant

Well-Known Member
Correction would happen only if the budget is --------- on expected lines or just falls short on expectations, and then the market is likely to move down and fill the gap between sensex 13479 12256

i think you missed the word "not" in the place i given----. Or am i wrong bro?
:thumb: THANK YOU BRO :thanx: TAKE CARE & HAVE A GOOD DAY


REGARDS,
NISHIKANT K. HADGE
 

Nishikant

Well-Known Member
Re: Technical View Of Spot Nifty

:confused:

Puts at 4700 will ensure that mkt will not close below 4700
Calls at 4200 will ensure that mkt will not close above 4200
Implies mkt close above 4700 or below 4200

or is it just a type with the Calls and Puts interchanged?

:D

HARI OM DEAR FRIENDS & ASALAM WALEQUAM MURTUZA BHAI :thumb:


YES, I MADE TWO TYPING MISTAKES TODAY & THEY BOTH HAVE BEEN SOLVED.


1st MISTAKE WAS BOUGHT TO MY NOTICE BY OUR FRIEND MURTUZA BHAI AND I FAILED TO UNDERSTAND THAT AND THE SECOND MISTAKE WAS BOUGHT TO MY NOTICE BY OUR FRIEND GUNAVADHI AND I COULD NOT FAIL TO UNDERSTAND IT BECAUSE IT WAS A SIMPLE ONE TO RECTIFY.


MURTUZA BHAI, YOU ARE RIGHT, YES THE WORDS "CALL" & "PUT" WERE TYPED IN WRONG ORDER OR YOU CAN SAY THEY GOT INTERCHANGED BY MISTAKE.


THANK YOU DEAR FRIEND GUNAVADHI & DEAR FRIEND MURUTZA BHAI FOR BRINGING THE SAME TO MY NOTICE :thanx:


TAKE CARE & HAVE A NICE DAY


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE
 
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