Nifty : Real time discussions...!

[linkon7]

Linkon Sir
Actually entry should be retest of 5410 level after the break out for the first time ,
why i feel is that below 5410 we don't have critical supports till 5380 but on upside we may have spurts here and there which is good for FII to short

Secondly all stops have been hit and market has reversed little bit, so next time no fool will keep stops at 5405 and this makes the nifty to be free fall to next supports

One more thing Lower Lows and Lower highs is is bearish undertone

the first hour's range is the scale...! the high / low of that 1 hour gives us a fair idea about how much range extension can be expected. The wicks on higher tf gives us a good idea of where the big players are oncentrating...!
so far all 30 min bars are all aligned in a straight line...!

so higher high higher low on a smaller tf doesnt give exact feel of the market in a sideways trend...!

no aggression in initiating positions...! Just reacting when price is at an extreme...!

 

[kevin_shah]

One more observation Sir jee
Leaders in rate sensitive sectors like Tata Steel, HDFC Bank, RIL, BajajAuto, DLF etc...still hovering below yesterday low, (as the above stocks which constitutes 40% of Nifty ) are all darlings of FII's, this makes Nifty to be still in bearish stance if the market tries to go up in spurts....
Lets See i am waiting for the 2:30 trigger point...where FII's sell/buy heavily

 

[linkon7]

sold 5431...!

 

[linkon7]

sl 5435.55

 

[stock72]

Bot 5600 60 lots @17.75

 

[linkon7]

adult image hosting

tgt 5407

half exit tgt at 5421...!

 

[linkon7]

gaya mera sl

 

[linkon7]

this 10-15 point nf ka premium is always a killer...!

ek to nata range...! uske upar premium ka fluctuations...!

 

[linkon7]

shorted again,,,!
5437 sl 5441.95!

 

[linkon7]

5438 is yesterday's low and had a lot of S/R on 30 min tf...!
worst case another 5 point sl...!