The Last Post.

hello,
From yesterday, i started group discussion through yahoo messenger, for that u have to login in yahoo messenger through yahoo mail ID and then u have to add my yahoo mail id in ur messenger, then a request will come to me, then i will send u group discussion link at once that time, then u can enter the group discussion, there i will give all information.

My Yahoo ID is " dhar_sid@yahoo.co.in "

And i will also available from 8.30 AM from tomorrow onwards during trading hour.

IT IS REALLY DIFFICULT TO GIVE ALL SETTINGS THROUGH MAIL
so first down load yahoo messenger, then add me , then i will send u link for group discussion instantly there.

There i will give all of you, how i trade and all the calculation and settings and all thing i know about market.
I stop posting because of time factor.



Regards
Siddharth

Nifty Future -- 15-Nov-10 EOD And for 16-Nov-10.

Nifty Future closed after settlement at 6140.25 .
After so many hours NF closed above 7 EMA-- 6115 and 10 EMA -- 6121 and 200 EMA -- 6121.
From the opening Open Interest was showing bearishness,, but during trading hour bearishness was Decreasing and after 3.00PM it turned to bullish.

Now what next..... Tomorrow.

NF is facing resistance at 6139 zone a 70.7 Retrace level.
If it clear this zone then next hurdle zone is in between 6155-6164.
Tomorrow if NF can cross these zone and trade above 6164, then 6198 and above this 6220-6232 level.
If you Analyze through Elliot Wave or Wolf Wave or "W" Curv pattern, then NF will have to Reverse back from any of these zone.

Now from Tomorrow always be careful and put SL with your trade as per your appetite.
I am always use 7 EMA and 10 EMA as a stop loss in different chart, and in hourly format these two EMA's are the best for trend trading.

Nifty Future -- 15-Nov-10 -- 12.11 PM Updates.

After so many hours , NF is showing strength in Charts 15 minutes and 30 minutes and breached PSAR in these two charts.
But Open Interest is not showing strength and showing bearishness, SO be careful

NF can reverse back from these level ---
1. 6123
2. 6164
3. 6198
4. 6232

Watch carefully ..

Nifty Future -- 12-Nov-10 -- EOD And For Monday(15-Nov-10).

Today after settlement, Nifty future closed at 6091.55 and today's low was 6074.
Now major event done today ----
1. Today weekly closing done. Weekly 7 EMA (major trending point always) is at 6091, today first NF breached this level but after final closing(settlement) it closed above this level. That means No major threat ahead(Weekly basis) as of now.
2. Today NF breached PSAR (Parabolic SAR) in Daily chart , A Bearish view daily basis.
3. Breaks Down side supporting Chanel-- can see in the chart.
4. NF closed below hourly 200 EMA.
5. Open Interest Closing basis data Showing Huge Bearishness ( but it can change in trading hour)
6. NF is heavily over sold , but can remain in this zone for few hours or days.

SO its a mixed Result.

Now what Next,,,, on Monday????

From last few month it is visible that when ever Nifty future breached hourly 200 EMA, it goes down more but after few hour it cover up and finally comes above hourly 200 EMA ( it is visible in the chart also).
Hourly 200 EMA is at now 6123 level.

Now on Monday, If nifty future will try to go up then watch these levels ---

6114 and 6125.

IF there is some fall in the card, Then Nifty future will not sustain above these level,and will fall from here.
Or can fall from the beginning.
MY down side target i am looking for ----

1. 6022 ( weekly 10 EMA ).
2. 6012 ( down side Envelop Chanel in Daily chart).
These levels can change 10 points +/- during trading hour, because it is calculated by EOD data.

As of now i am not looking for more down side from these level. If i find out then definitely will post.

Nifty Future -- 11-Nov-10 EOD And Tomorrow.

Nifty future finally closed at 6232.55, Today's low was 6209.4 , very close to my given level( below 6241, 6207-6202).
What happened today---
1. NF closed below 7 EMA in daily chart.
2. NF closed below 7 EMA in hourly chart.

Now if NF can manege to climb up and stay above these level Tomorrow --
6239-6247 --- 6249-6259--- 6260-6270.

If NF can stay above 6270, and can trade above for 30 minutes then only we will assume that a bottom finished and NF is going for next up move
Other wise it is now a sell on rise, Though i think we are very near to bottom ( or bottom out).
Down side below 6202 i am looking for is --
6193-6187.
And below 6180, NF can try to test 6151 and below this 6130-6121.

But not expecting such a deep correction. Lets see...

Nifty Future -- 09-Nov-10 EOD And for Tomorrow( 10-Nov-10).

After EOD settlement Nifty future closed at 6333.45 .
Open interest was supporting through out the day, but it could not cross 6349-6354.

What next and Tomorrow????

NF is now above Pivot point--6314.
Though EOD Open interest data is showing strength, but expecting it can reverse any time.
SO watch carefully the level 6349-6354 and above this 6366.45(R1).
Above this level, NF will be in safe side for long but should have strict stop lose, depends on individual's appetite.
Below pivot point--6314, NF will be weak again and probable down side targets will be --
6241-6207-6202.

Nifty Future -- 08-Nov-10 EOD And Tomorrow.

Nifty future closed at 6296.8, after little bit side ways movement.
At the opening it was gained strength but can go up to 6340, and from there fall started.
Today up 1.00 PM, Open interest was showing that NF has strength below 6300 but can loose strength above 6300 level.
That is why it got support at 6282 -- 10 EMA Hourly, and bounce back from there.

What next?? Tomorrow..

After closing, The EMA'S ( Hourly ) are at --
3 EMA -- 6295.
7 EMA -- 6291.
10 EMA -- 6284.

The EOD(closing basis) Open Interest is showing some strength now. So if same thing continue with open interest after opening tomorrow, then we can expect some bounce back.
So Nifty future will try to go upside, and can try to test the hurdle zone 6349-6354( analyzing on the basis of EOD open interest data, and if continue that).
So if NF can go above Pivot point 6306, will try to test hurdle zone, but first resistance is at 6330.

And down side, If NF can cross down today's low-- 6282, then can test 6256 and break of this can go down to 6202 level.

As of now, this level is playing in my mind. If anything more, then will post before tomorrows opening other wise level will be same for tomorrow.

Nifty Future -- 08-Nov-10 -- Before opening.

Nifty future is over bought at this stage for short term.
Nifty future close below pivot level. If it manages to cross the pivot level 6330.22, then it will try to cross 6349 and 6354, nearest hurdles point, if cross above it and start trading with volume then it will go for 6386 and above this second target is 6421.

But if Nifty future starts trading below 6311 and 6302 with volume then it can go down up to 6256 and 6202.

Initially this level i am watching.

I will upload next at EOD today.

HAPPY DIWALI --- And EOD Analysis..

HAPPY -- Wealthy -- Colorful -- Healthy -- Prosperous DIWALI To All of You.







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Nifty Future -- 04-Nov-10 -- EOD Analysis.


As of now, Two types of "EW" count possible.
One is leveled with Blue and other is leveled with Red.
Clarity will Emerge on Monday.
In second chart-- Weekly chart, you can see that Nifty future just crossed the PSAR and closed above it which was at 6306. It is a bullish signal.
In Third chart -- Daily chart, Nifty future crossed and closed above the upper Envelop Chanel,
which is also a bullish signal.
So we got Two bullish signal Today. Lets see how it works out ahead.

Nifty Future -- 04-Nov-10 -- Updated at 10.38 AM.

Nifty Future crossed the most strong resistance zone-- 6237-6242.
It should stay and close above this level for further up side fire works.
Before also said if NF can cross this level and can stay above then non stop up side journey, it should stay and close above upper Day Chanel.
Today volatility can also expect from up side, that time will have to see what NF will do, It will sustain or not and close below this level.
Now Day upside Chanel position is at 6252 as of now.
For down side from this level, In second chart plotted supporting Chanel, watch that Chanel also.

Nifty Future -- 03-Nov-10 -- EOD.

Another slow day. Nifty future breached the Chanel support and took support from 13 hourly SMA( which was at 6173) and was trying to cover up, just like false break out.
NF up side envelop Chanel bar is at 6237, NF should try to test this level, if it can come up above the lower Chanel.
It will be interesting to see the action of NF at 6237, if at all it try to test that resistance.
Down side Immediate support at 13 hourly SMA -- 6173, as of now.

Always alert.

If break 6170 Nifty future, then probable fall can start.



Regards
Siddharth.

Nifty Future -- 03-Nov-10 -- Updated at 12.42 PM.

My upside first target was 6178-6188,
And second target was 6208.
Both are achieved.
Now looking for third target 6231-6237-6242 level.
And will have to see , what NF will react at that area.

Nifty Future -- 03-Nov-10 -- Before Opening.

The Chart is same as posted yesterday EOD.

The main level to watch for --

1. 6178 - 6188.
2 Above this can go up to 6208.
3. If break 6208 then can go up to 6231 - 6237.
4. If today's close above 6237-6242, then expecting non stop up side, but for closing 6231-6237-6242 is most strongest resistance .
5. If NF test the area 6231-6237-6242 and fall back, then it will be a good opportunity for short, Test and close below this area will create a long down side journey.

And down side below current level( 6155) --

1. 6120 can act as a support, break of this can go to 6045
2. If break 6045 can attempt 5945.

Will post more when some clarity emerge.


Regards
Siddharth.

Nifty Future -- 02-Nov-10 -- EOD.

The movement is like any 4th wave.
There is nothing to analyze, only level's.
1. In day chart, Last Parabolic SAR is at 6177 ( yesterday it was at 6196).

2. The main "A" wave length was 310 point, 75% Retrace level is at 6208.

3. The level 6178 to 6188 can act as a strong resistance level.

4. In day chart, 6237 level will act as most strong resistance level as a closing basis. Any break above this level, closing basis, will get a new break out, just like previously got break out at 5550 level, The same upper level Envelop is now at 6237 level in day chart.

And Rest is in the chart.

Nifty Future -- 02-Nov-10 -- Update at 12.18 PM .

Nifty future is now in any 4th wave(behave looks like that).
After completing this wave , it can go up to 6178 to 6188, and if it start trading above 6200 then it can go up to 6231 to 6237.
And after completing 5th and main "B", it will start "C" wave journey.

Above 6242, if trading then, it will be a clear cut up move.

As of now, This picture is in my mind.

Nifty Future -- 02-Nov-10 -- Before opening.

I am intact with my last day EOD analysis.
Only adding few points ---
For down side if any body will short, just keep watch these level carefully, NF will try to take support here ---
1. 20 DMA -- 6112
2. 3 DEMA -- 6090
3. 13 DMA -- 6081
4. 5 DEMA -- 6078
5. 7 DEMA -- 6077

Any break of 7 Day EMA, Free fall will start.
Down side target intact and will place more down side targets if both hit.

Above 6207 for longs --
1st target is at 6237(sorry, it was typo mistake-6037).

@K.R..
Sorry and Thanks for notice..




Regards
Siddharth.

Nifty Future -- 01-Nov-10 -- EOD.

Today after gap up opening and after 11.30 am, I was expecting that, Nifty future definitely go above 6200 level.
But after 2.00 pm it was not showing any strength, but at the same time and from starting also open interest was giving huge support.

Possibilities are ---

1. In 1M,5M,15M chart, it is clearly visible that it is a 1-5 wave unfolding, but currently 4th unfolding or completed.
That is why, I suggested to come out from longs. Only small last fifth wave left, which can go up to 6178 to 6188. I am not sure that whether it will unfold or completed.
And Large "C" will start unfolding.

In second chart(1M chart), it is clearly visible that, NF breached three times 200 Min EMA in last trading and came up. When ever this type of behavior took place, finally it breaks the 200 EMA and go down deeply. Now it is at about to break.

So, we can short Nifty future from 6178 to 6188 level with placing SL at 6200 or 6210 level.
More conservatively we can short Nifty future, If and when Nifty future break Tomorrows NF Pivot point which is at 6138.16 level, or break of 6129 level( 7 EMA-Hourly) or break of 6125 level tomorrow.
My down side first target is at 6038 and second target is at 5945.

2. In daily chart, the last Parabolic SAR is at 6196 level. Tomorrow if Nifty future can cross it and stay above 6200 with volume, Then only it will go farther up, and that time we will have to understand that, 1 to 5 wave not completed and currently we are in any 3rd wave.
I will post up side target if only Nifty future will stay and sustain above 6200 level tomorrow.

I think, we should close all longs now..
Because, NF not moving any more..
Tomorrow will see again.


Regards
Siddharth.

Nifty Future --11.58 AM Updates --After Opening.

Now Nifty Future should sustain above 6125 and 6115 level.
Nifty future R1 is at 6124.25 .
If it can sustain above these level then can see 6178 and 6207.
Nifty future R3 is at 6183.90.

And Open Interest is also supporting strongly as of now.

Nifty Future -- 01-Nov-10 -- before Opening.

Nifty future Closed at OB zone Intraday on last Friday.
Now at up side there is lot of resistance zone -- 6068/70 to 6091.
Nifty future can bounce back from 6070 or from above.
If and only if nifty future can cross and sustain above 6091 ( 13 DMA ) with volume, then can only expect that nifty future can go up to 6125 to 6150 level.

But if Nifty future bounce back from up side resistance zone, 6068/70 to 6091, then watch 6030 (200 Hourly EMA) .
Break of this 6030 level can face a little support at 6015 (7 EMA- Hourly), and break of this can go down side .
At down side, Nifty future will try to bounce back from 5950-5945 level.
If break these level, a little support at 5930 ( 10 EMA- Weekly).
Below this level one support zone is at 5885 (55 Day-EMA).
Below this level i am looking for 5874 (3 EMA-Monthly).

As of now, This figure is in my mind.
And one more thing, always have to watch open interest.