The Nifty Trading Lounge

[jagankris]

TP, that was the previous short. This time I had only Nifty puts, got out at 8420. :annoyed:
Lessons in excellence...........
Gap it down and kick out the bbuuullllsss......:clap:
rig it up and kick out the bears..........:clap:

Then hammer it down to your heart's content. :rofl: :rofl:

And 8427 was the high and then Nifty fell

 

[Taurus1]

And 8427 was the high and then Nifty fell

100% correct.
They knew where the stops were, went slightly past to make sure everyone got kicked out ...... and then went in the opposite direction.

Many people think that markets are not manipulated.... the truth is that they are manipulated more than you can ever imagine.

 

[timepass]

100% correct.
They knew where the stops were, went slightly past to make sure everyone got kicked out ...... and then went in the opposite direction.

Many people think that markets are not manipulated.... the truth is that they are manipulated more than you can ever imagine.

maybe it's Mr. Bean kind of manipulation ..

http://9gag.com/gag/adYAe7Q?ref=fbp

 

[Taurus1]

Posted on 14th May, 5 days ago

All markets, the Asian, European and US will see xtreme volatility next week.

Take no prisoners............

This one is working ........ volatility is non directional, though I did expect the move in the other direction.

Shanghai +3.1%
Dax +1.9%
Cac +1.65%

The bottom forecast I made yesterday is useless because I used the 18th as a top in the calculation. :annoyed:
Anyway, I'll post it here......

The bottom for this year(taking into account 1 future inversion aka Rbi cut) worked out to be the 25th May, +/-1.

The next top was near the year end so it was a good chance for a buy entry.

I need to push in a bunch of relation portfolios at the low and now I don't know when it is. :lol:

The final low of 25th May could now become a minor high.

 

[Taurus1]

The N high of this move is the 21st, probably before 11AM.

BN high is earlier, possibly today around 3.

 

[Taurus1]

Comments from the Fed President....

Rate hike not right until early 2016: Fed's Evans
http://www.cnbc.com/id/102693629

There you have it, no hike till 2016 and even then a not too loud whne should do the trick to move it further.

El-Erian: Markets underestimating liquidity risk
http://www.cnbc.com/id/102687859

Where has he been all these years?
He still thinks that markets exist. :lol:



Some Greek payment is due on the 6th...... nothing to worry... if all fails, Greece can start issuing bonds, sell them and use the money to pay the IMF, then sell more bonds to pay back the initial bond buyers and the whole cycle can continue to go on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on.

 

[amitrandive]

Some Greek payment is due on the 6th...... nothing to worry... if all fails, Greece can start issuing bonds, sell them and use the money to pay the IMF, then sell more bonds to pay back the initial bond buyers and the whole cycle can continue to go on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on.

:lol::lol::lol:
:clap:

 

[Taurus1]

From morning, lots of US sites and traderji are not opening. :annoyed:

I bought N puts at the open, stop at 8450, waiting to buy BN puts after the move starts.

A few days back, the Fed Prez stated that rates would not be increased till next year, but Yellen thinks otherwise.
Fed on track to hike rates as economic headwinds wane: Janet Yellen
http://economictimes.indiatimes.com...ds-wane-janet-yellen/articleshow/47389963.cms

Stockman: Stocks and bonds will 'crash soon'
http://www.cnbc.com/id/102699943

The RBI rate cut looks difficult after adding in the petrol price hike.

A huge move in the pipeline, as of now is down

 

[Taurus1]

The final low of 25th May could now become a minor high.

The high came 1 day early...... the Nifty has started re synchronizing.

Nifty minor high on the 29th. +/-1

There Is No Longer A Market: Citigroup Confirms What Zero Hedge Has Said Since 2009
http://www.zerohedge.com/news/2015-...igroup-confirms-what-zero-hedge-has-said-2009

Central bank policy pronouncements are almost the exclusive driver of market movements at the moment, not fundamentals.

Why China Is So Desperate To Blow The Most Epic Stock Bubble
http://www.zerohedge.com/news/2015-05-26/why-china-so-desperate-blow-most-epic-stock-bubble

The bigger the bubble, the bigger the burst will be.

Shanghai final top on the 28th, +/-1

 

[Pradeep Narayan]

My view of the charts... esp DJIA weekly for the last 5 yrs:
"We are witnessing the creation of a big Bear market now... could last another 30 months with more than 60% drop in valuations."

Enjoy the ride!!