Sunday, January 11, 2015

Update for January 2015

Time Tuned Nifty

Time Tuned Nifty Updated for January 2015

I had written the following in my last post at Time Tuned Nifty for Jan 2015 : -

The expiry for Jan 2015 has started and it will be worthwhile to see what is likely to happen in this expiry.  In this expiry, the high and low zones are likely to be as below:

High Zones :  31 Dec, 21 Jan
Low Zones :  06, 15, 16/17


In the shorter TF, it may be shorted tomorrow around 1145 (possible 8220) for a low around 1500 (possible 8147/8110/8080).  Here a long position may be initiated above 8080 for a high in around 3-4 days (possible 8500-8550/8627+).  This will be the zone to short.

Update:While the time zones have worked out so far, a thought must have indeed crossed the readers about a high between 06 and 15 Jan 2015.  While this high was not visible at the time of writing the post, it is now visible and is slated for  Jan/12 or 13.  Most likely to happen on 13th around noon.

So, let me update the list here,

High Zones :  31 Dec, 12/13, 21/22 Jan
Low Zones :  06, 15, 16/17

Areas to be cautious about, depending on which side the individual reader is positioned, are:

TL 8627-8446  Around 8400 on daily tomorrow
TL 8066-8190 Around 8250 on daily tomorrow and 8225 in the first hour tomorrow.


All the best.