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Old 20-12-2016, 08:35 AM
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Originally Posted by novicetrader View Post
Huge profits for you on the way for sure

Didnt get you boss
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  #15872 (permalink)  
Old 20-12-2016, 11:35 AM
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Originally Posted by MurAtt View Post
Didnt get you boss

hallmark of wise/great persons/traders are candidness and humbleness,and your admission of the fact that the idea was not yours speaks itself ,thats why I said huge profits on the way.
Thats my perception, it may vary across persons.
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Old 22-12-2016, 12:15 PM
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Playing out ..... we have broken down.

But yes, do not expect one sided moves imo - though I can be wrong, but I dont want to.

Originally Posted by MurAtt View Post
BankNifty or the Jungli Billi as named by @ap_pune on Twitter – is at a precarious position.

Attached is the Hourly Spot chart below. We can see a fractal or a repeating pattern but in mirror format with the last upmove and the 1st downmove each of 5 waves (of whatever limited wave knowledge I have – says reversal of trend unless crossed).

BankNifty is now on the edge of the table and if 18000 spot is taken, then, as @assortz coined the phrase, it’s gonna fall off the table.

BankNifty, on this chart is not tradeable on options at all. I would advise all options lovers to just ignore this medium/long term chart, as we can never time the moves. Yes, if one wants, one can go short around the top of the rectangle with a 18800 spot stop for less risky ppl and 19200 spot stop for aggressive/higher risk taking capacity people with a flip to long if stopped or keep rolling short position on moving lower.

View the chart in a bigger format by clicking here or on the chart itself.



The Nifty too has a somewhat same kind of formation and if it follows that – I personally am scared to think as to what would happen to individual stock prices.

Lets see how this plays out. Especially with a lot of data coming out – esp the Fed Rate Hike issue, Demonetisation effects of Indian Currency (from Jan 2017), Budget 2017 (1st Feb 2017) and many unforseen events inbetween, etc.



Disclaimer: I am not a Research Analyst and not registered with any regulating authority. All posts are for educational purpose only.

Link to my chhotu blog where I post my views - rarely - mood hua toh.


This was posted on 13th December 2016, and the chart has not been updated.

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  #15874 (permalink)  
Old 30-12-2016, 08:21 PM
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The Year 2017 dawns on Sunday when the whole world relax and rejoice. We are also going to have midnight party and celebrations as we feel out of the grips of bear. (Rather bears have gone for celebrations allowing us some time to relax). 8185 is the closing number. Just multiply 7945 by 103%. You get this number. 7945 was December 31, 2015 closing. Sentimentally we have a satisfaction that 3% growth is achieved in nifty. There could be few winners and mamy losers. Let's resolve that 2017 we will make money not by hook or crook but by more interaction and listening to others. Thid applies to one and all. We are all learners. Let's have a meaningful relationship and money flows automatically. Maha kavi Subramanya Bharathi says - Worship Goddess Lakshmi. Perform your duties diligently. Dont bother about yields. Sit and enjoy. Everything will flow in perfection! - What a great poet he was! Let's lead our trading in Bharathi way!Have a nice weekend and a very Happy and Prosperous New Year
Jai Ram Ji KI
Singapore will no longer benefit from tax exemption on capital gains taxes. Arun jaitely looks pnotes issue again coming in picture Big Grin bahut din hue nifty mein LC dekhe hue Tongue Tongue Jai Ram Ji KI
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  #15875 (permalink)  
Old 01-01-2017, 12:17 PM
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Good morning. A very happy and profitable new year 2017 to every members of this wonderful forum, which has proven to be very useful for both experts and learners. Jai Ram Ji KI
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Old 01-01-2017, 12:37 PM
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Same to you PT bhai. Jai Shankar ki.
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  #15877 (permalink)  
Old 01-01-2017, 02:25 PM
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Originally Posted by praveen taneja View Post
Good morning. A very happy and profitable new year 2017 to every members of this wonderful forum, which has proven to be very useful for both experts and learners. Jai Ram Ji KI


same to u.
happy new year to all of u .

jai shankar ki.
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Disclaimer: I am not a Research Analyst and not registered with any regulating authority. All posts are for educational purpose only.

Consider us a dumb -dumble guy in this analysis, any type of real time example will be quick-learn approach.
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  #15878 (permalink)  
Old 01-01-2017, 05:52 PM
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Dear Friends,
Since Jan 2007 till Jan 2016, The calendar year’s first trading session of Nifty has closed on positive side nine out of ten times.
Only in 2014, The Nifty closed on 01/01/2014 with a minor - 2.35
Of course, we cannot read anything to it. Because,
if the longs would say that, historical evidence is on its side,
Shorts would say that, Law of averages is on its side.
Anyway, here is the last ten years, First session results.

Jan 2007 Nifty gained 41.00 points on the First trading session
Jan 2008 Nifty gained 40.80 points on the First trading session
Jan 2009 Nifty gained 74.30 points on the First trading session
Jan 2010 Nifty gained 31.15 points on the First trading session
Jan 2011 Nifty gained 23.10 points on the First trading session
Jan 2012 Nifty gained 12.45 points on the First trading session
Jan 2013 Nifty gained 45.75 points on the First trading session
Jan 2014 Nifty LOST 2.35 points on the First trading session
Jan 2015 Nifty gained 1.30 points on the First trading session
Jan 2016 Nifty gained 16.85 points on the First trading session jai ram ji ki
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  #15879 (permalink)  
Old 01-01-2017, 06:53 PM
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Nifty fut buy kar lete hain phir, kyun PT sir?
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Old 03-01-2017, 08:43 AM
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LAST 4 SAAL SE 1ST DAY OF TRADING KUCHH NAI HO RAHA HAI

Ab ye UPA ka fault hai ya BJP ka woh aap bataaye

Originally Posted by praveen taneja View Post
Dear Friends,
Since Jan 2007 till Jan 2016, The calendar year’s first trading session of Nifty has closed on positive side nine out of ten times.
Only in 2014, The Nifty closed on 01/01/2014 with a minor - 2.35
Of course, we cannot read anything to it. Because,
if the longs would say that, historical evidence is on its side,
Shorts would say that, Law of averages is on its side.
Anyway, here is the last ten years, First session results.

Jan 2007 Nifty gained 41.00 points on the First trading session
Jan 2008 Nifty gained 40.80 points on the First trading session
Jan 2009 Nifty gained 74.30 points on the First trading session
Jan 2010 Nifty gained 31.15 points on the First trading session
Jan 2011 Nifty gained 23.10 points on the First trading session
Jan 2012 Nifty gained 12.45 points on the First trading session
Jan 2013 Nifty gained 45.75 points on the First trading session
Jan 2014 Nifty LOST 2.35 points on the First trading session
Jan 2015 Nifty gained 1.30 points on the First trading session
Jan 2016 Nifty gained 16.85 points on the First trading session jai ram ji ki

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