The Nifty Trading Lounge

[Taurus1]

7366 should be the low, sideways to slightly up from there

Aa gaya low - but it went lower Precise date again : 19-1 = 18

Any signals of any inversion which can cause more pain /reversal

If any inversion is coming, it will be seen today with a gapdown.

Yesterday, I bought calls 5 minutes before the close...... stop at 7325....... if stopped out, I will get back in at 7350 with the same stop

Right now the Sgx is up 13pts

My RM left the job in mid Nov and they have not got any replacement, many broker employees are worried about their jobs because of the collapse in volumes after the increased lot sizes.

Another broker has increased the options brokerage to double, leaving the futures brokerage the same which says that money is fleeing from futures to options.

 

[Fundootrader]

The Sgx has bounced back to 7444

Nifty low on the 19th, ± 1

7366 should be the low, sideways to slightly up from there

Two lows on both on 18th and 20th - with 20th low being lowest - 7247

With current global turmoil - do you see probability of inversion happening now and extending the downmove in Jan itself.

Any thoughts on next week - when the markets supposed to be move back up - from astrological perspective.

 

[Taurus1]

I bought calls 5 minutes before the close...... stop at 7325....... if stopped out, I will get back in at 7350 with the same stop

Yesterday, I saw the Sgx down some 80 pts in the morning and decided to close the call position from office.

By the time I reached, I forgot about it and remembered only at 2PM, by that time it was near 7300, so I let the position be.

At the time of taking the calls, my expectation was to sell on the 22nd, ± 1 ...... the date is a high on my schedule.

Whether the 19th low is 1 day late or the 22nd high has been inverted will only be known in time, that is the price of trading between high and lows that are close together.

Two lows on both on 18th and 20th - with 20th low being lowest - 7247

With current global turmoil - do you see probability of inversion happening now and extending the downmove in Jan itself.

Any thoughts on next week - when the markets supposed to be move back up - from astrological perspective.

If the 22nd is on schedule as a high then more downside is coming.

 

[Fundootrader]

Yesterday, I saw the Sgx down some 80 pts in the morning and decided to close the call position from office.

By the time I reached, I forgot about it and remembered only at 2PM, by that time it was near 7300, so I let the position be.

At the time of taking the calls, my expectation was to sell on the 22nd, ± 1 ...... the date is a high on my schedule.

Whether the 19th low is 1 day late or the 22nd high has been inverted will only be known in time, that is the price of trading between high and lows that are close together.

If the 22nd is on schedule as a high then more downside is coming.

So given that 22 is high and you plan on sell off - seems you not expecting markets to move up post 22nd - which was my query

 

[Fundootrader]

At the time of taking the calls, my expectation was to sell on the 22nd, ± 1 ...... the date is a high on my schedule.

Whether the 19th low is 1 day late or the 22nd high has been inverted will only be known in time, that is the price of trading between high and lows that are close together.

If the 22nd is on schedule as a high then more downside is coming.

Precision should be renamed Taurus

So whats the outlook next - still holding calls or think the next downmove will start now.

Given historical view of such days - don't you think we should see decent upmove next week ?

 

[Taurus1]

Posted on 10th December, only 25 days in advance

This is only the trailer, wait for the main picture

Posted on 15th December, only 21 days in advance

Asian blockbuster release in Shanghai and India scheduled for Jan 4th, ±2 ..............

Posted on 17th December, only 19 days in advance

The high of the year 2016, for India and Shanghai is on Jan 4th, ±2

The main picture started exactly on time, and the Interval is almost over ...................... grab your popcorn and coke and get ready for an action packed second half in 3D with surround sound

Posted on 8th Jan

The next stop for Nifty is 7452, ±4

7452 is now resistance

There will be a small gapup......... the top is 7338 s can overshoot to 7452 s

I am a put buyer at s 7452, with a 12 pt stop, the high of the day should be in by 12:45PM, ±5m

 

[TraderRavi]

7487 high so far

 

[Fundootrader]

I am a put buyer at s 7452, with a 12 pt stop, the high of the day should be in by 12:45PM, ±5m

So the stop kicked in at start itself --> 7452+12 -> 7464 --> Markets still hovering there --> Do we smell an inversion here if markets move further up

 

[timepass]

I am a put buyer at s 7452, with a 12 pt stop, the high of the day should be in by 12:45PM, ±5m

So the stop kicked in at start itself --> 7452+12 -> 7464 --> Markets still hovering there --> Do we smell an inversion here if markets move further up

In this thread, we smell nothing. We go by Taurus's calculations and point of view. His method is beyond our comprehension, but very effective.

 

[Fundootrader]

In this thread, we smell nothing. We go by Taurus's calculations and point of view. His method is beyond our comprehension, but very effective.

Theek hai bhai - Bilkul 12:45PM, ±5m time per feb 7400 put's see apni jholi bhar lenge