Tuesday, September 29, 2015

October 2015 and Ahead

Time Tuned Nifty

As long as 7723 is held, 8225/8360/8570 is under threat. Possible to see this on Oct/01 or Oct/04 or Oct/26. Below 7760, a threat to 7620/7534/7340/7080 will emerge. Possible on Oct/26-28 or Dec/21.

In all likelihood, nifty seems to be headed higher and ideal long zone would be 7760-7770, with SL of 7723 or 7590-7600 with SL of 7530. Target could be 8225/8360/8570 and may be much higher later.

 Sensing that 11000+ may be coming in Jun 2016.

37 comments:

  1. Possible 7590-7600 around 1350-1400.

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  2. Sir, plz give ur views after RBI policy

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  4. Sir, Nifty struggling to touch yest high after very positive .50 rate cut...

    Please guide..

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  5. sir whats your view forpositional trader short or long and any target

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  6. Somewhere around this time the rise should halt and we may see Nifty dipping towards 7540. Possibly 7590. Confirmation on break down of the recent rising channel.

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  7. For now, 7810-7800 at 1250-1300 may be watched. If it doesn't sustain below 7800 after that, a rise towards 8050+ will ensue, otherwise a minor rise towards 7900 will happen.

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  8. 1215-1230 is also a low zone of significance. Should be cautious with shorts from this point onwards.

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  9. I feel it is better now to go long with SL of 7870.

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  10. Bearish WW. Baseline 7913. Target could be 7845 around 1030 tomorrow. Shorts should have a SL above the recent high of 7927. Longs should have a strict SL of 7870.

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    1. sir,as it has closed over 7927,what are the likely targets

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  11. Sir, now tgt 8050+ ? Time Zones please...

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  12. I am sorry, I do not have access to charts now. Targets are given in the post. 8050 remains a key level. Keep an eye on 7910-7930 band. This has base line of a bullish as well as a bearish WW. As I perceive, this band is going to play a pivot. Since nifty is very close to this a covered position will not disappoint through the expiry, even if it is a long shot. I will be off for a week or so.

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  13. Possibly a dip to 7900-7890 and rise further.

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  14. Possibly a dip to 7900-7890 and rise further.

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    1. Seems 8225 is insight.maybe higher till 8330.congrats sir!!

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  16. Sir,
    Nifty near 8200 ..What next ? Thanks !

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  17. A rise may commence from 8110-8100 band. SL could be kept at 8099 or lower for longs for a visit above 8250 possibly 8300+.

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  18. Sir,
    8099 breached but not sustaining ...please advise

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  19. I am still looking upwards. Things need to get back above 8110.

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  20. Sir,any levels higher than 8300 on nifty now?

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  22. 8322 is crucial My expectation is that nifty may follow the path as below:

    21 Oct - Low...which could be 8220/8170/8050
    26 Oct - High...which could be 8245/8370/8750
    04 Nov - Low....magnitude may be defined later. But quite likely to test 8170/7950 below which a new recent low may be expected around 10 Dec.

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  23. A bearish trading opportunity is emerging with a good risk reward ratio. A short can be initiated between 8250-8300 with SL of 8322 for a target of 8220/8170/8050 by 21 Oct. A tick at 8322 will bring Nifty into confusion zone with a possibility of further rise to 8400-8410 or 8655-8750.

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  24. Thanks.over 8322 new levels coming.

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  25. Rise till 1430 and then another fall for a low at around 1400 on 23 Oct.

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  26. Seems 8360 will come on 26fh Oct.kudos to you sir!!!

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