1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Nifty

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Sep 18, 2013.

  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Now go long long in Nifty, nifty has taken support of 5750 at least for intra day.

    Follow 5740 as stop loss.
     
  2. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    added 1 more lot @ 95.
     
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Don't decide very soon dear, this is FII or operators move to make us feel pressure and to make us in panic so that we start selling and they will buy @ level what they want.
    Just a mind Game or emotions.
    They always play with our emotions.
     
    saptarshi_sachin likes this.
  4. krasquinha

    krasquinha Member

    Joined:
    Jun 3, 2012
    Messages:
    199
    Likes Received:
    7
    I feel nifty will test 5730, 5700 levels ....
     
    saptarshi_sachin likes this.
  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important

    Don't get panic, they just want us to feel pain, leave all the emotions behind and then follow what price is saying.
     
  6. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Now it is just a mind game, let's see who wins.
     
  7. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Bullish engulfing seen on Nifty intra day chart.
     
  8. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Still gap is not filled 5689-5738, may be tomorrow or after wards.
    Let's wait and watch.
     
  9. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Nifty is making higher high higher low on intra day.
     
  10. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Just get ready to book longs.
     
  11. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Booked @ 102 average was 98.97.

    small profit is good when market is on make or break and don't want to carry position overnight.
     
  12. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Booked @ 102 average was 98.97.

    small profit is good when market is on make or break and don't want to carry position overnight.
     
  13. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Close below 5750, more and more down side expected.
     
  14. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Before that not agreed.
     
  15. siva934127

    siva934127 Member

    Joined:
    Nov 7, 2012
    Messages:
    195
    Likes Received:
    10
    Exactly ...

    FII'S and Fund manager's out flow (money) and inflow (money) are very high cause of this we get scared.

    They play the game with our emotions cause we have less money.

    We can not bear 50 points down or up against to our positions.

    Thanks,
    Siva
     
  16. saptarshi_sachin

    saptarshi_sachin Responder

    Joined:
    Jul 20, 2013
    Messages:
    285
    Likes Received:
    73
  17. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Bingo again took the position in nifty oct 5950 @ 99 and booked @ 106.
     
  18. siva934127

    siva934127 Member

    Joined:
    Nov 7, 2012
    Messages:
    195
    Likes Received:
    10
  19. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Nifty is going like a rocket but 5780-5800 will be actual hurdle now.
    wait and watch.
     
  20. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Now no positions in future and options, only holding my long positions in equity and looking forward to add more positions.

    Now I'll see market tomorrow.
    Till now.
    Bye bye .