Know Nifty Next

posted by nlkumar on Thu Oct 03, 2013 08:57 pm


Span Sir

Could you explain the chart please..

posted by rrgnaidu on Thu Oct 03, 2013 10:04 pm


Good chart.  good work by both sanjay ji and span da

posted by chakradhar on Fri Oct 04, 2013 12:44 pm


Hi Span Sir Could tell NIFTY Range for Next Week...

posted by spansarkar on Sat Oct 05, 2013 12:28 pm


aroon suggests ( aroon down 0 and aroon up is going to cross below 50, now @ 60) down leg will start next as per ew  5280 within 14/15 working days..............stop loss two cosecutive close above 5944

posted by spansarkar on Sat Oct 05, 2013 12:30 pm


posted by Oberoi on Sat Oct 05, 2013 07:11 pm


Hullo Span Da,

in the chart posted by you only once has the aroon up reversed from around 50 levels when the aroon down was 0.  The Aroon oscillator , RSI and CCI seem to be in the similar zones as they were then.  Can you plz share your opinion on the  similarity of both scenario's if any

posted by Oberoi on Sat Oct 05, 2013 07:16 pm


Forgot to mention the period, it was between Dec 12 & Jan 13.

posted by spansarkar on Sun Oct 06, 2013 12:53 am


very good observation oberoi ji..............the scenario was same only difference is that time 5th wave was in process..........this time 5th wave is done alreay........... in spite of that we sud keep our sl as two consecutive close above 5944 ( if my count is wrong i.e 5th is in process) 

posted by spansarkar on Sun Oct 06, 2013 01:56 am


this time i think 5th is done already because chaikan oscillator ,slow stochastic , cci and money flow index showing clear divergences which are the typical characteristic of 5th done   ........

posted by spansarkar on Sun Oct 06, 2013 02:04 am


these divergences were not present at dec 12/jan 13

posted by Oberoi on Sun Oct 06, 2013 08:53 pm


Hi Span Da,

Thank you for the clarification

posted by Oberoi on Tue Oct 08, 2013 07:08 pm


Nifty @ 5928....dangerously close to 5944.

posted by nlkumar on Wed Oct 09, 2013 08:55 am


Span Sir

What is your view for NIFTY this week?

posted by viren on Wed Oct 09, 2013 01:54 pm


span da close above 5944 ns once or consecutive two days close above it should be taken as stoploss......

posted by chakradhar on Wed Oct 09, 2013 03:56 pm


NIFTY Closed @6008. From here your view for the October Expiry?

posted by rahulkumar on Thu Oct 10, 2013 03:29 pm



Nifty two consecutive close above 5944 what next?

posted by chakradhar on Fri Oct 11, 2013 07:17 pm


Span Sir 

Your Views are required.

posted by Oberoi on Sat Oct 12, 2013 12:26 am


Span Da,

Your views are surely needed and would request you to upload the upto date charts of the ones posted above as they would be helpful to study and analayse.

posted by rrgnaidu on Sat Oct 12, 2013 09:36 pm


My view is that nifty willgo down from oct 14th. oct 14 is trend change day +/- 1 day. wave 2 in progress. wave 3  dn will start at at any time

posted by spansarkar on Tue Oct 15, 2013 12:43 am


niftyspot shall cross 6229 in 2014 dec/2015 two weeks only down.............oct nifty spot may touch 5280............todays candlestick pattern may have formed last engulfing pattern fall can start from tomorrow....................5700 pe holders sit tight till it is pricing Rs 230.....................stop loss 6229 spot intraday

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