Wednesday, January 4, 2017

URGENT POST FOR SQUARING OFF ALL BUYING POSITIONS

URGENT POST FOR SQUARING OFF ALL BUYING POSITIONS

NIFTY
BANKNIFTY
MARUTI
INFY

SQUARE OFF ALL BUYING POSITIONS AND STAY IN CASH. WILL UPDATE IN NEXT POST FOR NEW POSITIONS/TRADES.
Posted by at

29 comments:

  1. neerajJanuary 6, 2017 at 11:34 PM

    Dear sir, first time since i started following you, seeing such an urgent post on squaring off all buying positions!!! Any major changes or trend reversal have you observed....???
    Please update soon, We all are eagerly waiting.

    ReplyDelete
  2. neerajJanuary 6, 2017 at 11:35 PM

    Dear sir, first time since i started following you, seeing such an urgent post on squaring off all buying positions!!! Any major changes or trend reversal have you observed....???
    Please update soon, We all are eagerly waiting.

    ReplyDelete
    Replies
    1. Abhishek SaddiJanuary 12, 2017 at 9:16 AM

      @Neeraj: I think this uptrend is a trap for all buyers as of now....i feel we are going to experience a crash in coming days/weeks....again a downfall

      Delete
  3. neerajJanuary 12, 2017 at 10:14 AM

    but sir after ur post, it ran like anything... any cap on upside u seing.... i mean here itself we should short or some more upside is left....?

    ReplyDelete
    Replies
    1. Abhishek SaddiJanuary 15, 2017 at 5:26 PM

      @Neeraj: Yes i know and that is what i found to be unusual....it is not coming with the overall pattern of NIFTY and BANKNIFTY....there are indicators that it will fall like a knife once again and create a new low below 7777 and once it does that it will go for 6825 and below zone till 6650-6450-6250.

      Delete
    2. neerajJanuary 16, 2017 at 10:56 AM

      and sir what is the Time frame u see for this Sharp fall?

      Delete
    3. Abhishek SaddiJanuary 17, 2017 at 7:06 AM

      @Neeraj: First Quarter

      Delete
  4. neerajJanuary 12, 2017 at 10:15 AM

    and crash upto what levels... 7900 ???

    ReplyDelete
  5. Manigandan KalyanaramanJanuary 15, 2017 at 3:49 AM

    Abhi bro,the moment u posted, it went to 8461 from 8227. Me too thinking this as trap. I'm holding 8300 PE @45 avg and Banknifty 19000 PE @224. Pls advise

    ReplyDelete
    Replies
    1. Abhishek SaddiJanuary 15, 2017 at 5:27 PM

      @Mani: Yes Mani, that is what i have just replied to Neeraj....the urgent post of squaring off was actually to avoid buying positions almost near the potential top.

      Delete
    2. Manigandan KalyanaramanJanuary 16, 2017 at 4:44 AM

      Bro RSI for NF & BNF now 67 and 68 expecting a big fall below 7900 and below 17500

      Delete
  6. Manigandan KalyanaramanJanuary 19, 2017 at 4:51 AM

    Abhi bro premium is melting like anything. I'm sure tat 100 points in Nifty and 300 points in BANKNIFTY imm will fall. But past 5days within 8370-8460 level and my premium melted

    ReplyDelete
    Replies
    1. neerajJanuary 19, 2017 at 9:13 AM

      no matter how sure u are of a trade... never ever carry overnight... it will make ur night nothing but Hell!!!

      Delete
    2. neerajJanuary 19, 2017 at 9:14 AM

      and never trade in ego against market....

      Delete
    3. Manigandan KalyanaramanJanuary 20, 2017 at 4:27 AM

      Perfectly 86 points in Nifty and 303 points in BANKNIFTY down today as I expected

      Delete
  7. neerajJanuary 20, 2017 at 6:22 AM

    now whats next level u are seeing

    ReplyDelete
    Replies
    1. Manigandan KalyanaramanJanuary 21, 2017 at 4:53 AM

      This comment has been removed by the author.

      Delete
    2. Manigandan KalyanaramanJanuary 21, 2017 at 4:58 AM

      Neeraj bro, good evening. This is Abhi bhai page. Juz can post my queries and my levels to double check with him. Further levels he has to post. Becas still both bulls and bears are neutral. Move from 8227-8461 now 50% retraced exactly. It can go upside also but expected level 8350 broken so downfall also can expect if further down below 8316 is first sign for bears

      Delete
  8. neerajJanuary 20, 2017 at 6:23 AM

    Abhishek sir... has the much awaited fall started... if it has started... what levels are u seeing sir coming week.

    ReplyDelete
  9. SaharshJanuary 25, 2017 at 5:48 AM

    Hi Abhi...Any update post today's one sided non stop upside rally. Eagerly waiting for your new post on further movements for nifty. Thanks in advance. Saharsh.

    ReplyDelete
    Replies
    1. Abhishek SaddiJanuary 25, 2017 at 11:49 PM

      Saharsh: Yes i gave an exit call in early January and told to stay in cash...or do stock specific trades..will update over this weekend with some more clarity.

      Delete
  10. neerajJanuary 25, 2017 at 8:11 PM

    Abhishek sir... since u gave exit call, nifty ran exactly opposite... now what to do, lost almost all in shorts!!!
    any views for feb? please reply sir.

    ReplyDelete
    Replies
    1. Abhishek SaddiJanuary 25, 2017 at 11:55 PM

      Neeraj: Yes...i agree to exit all buys and stay in cash....no trades in index as of now....only stock specific or sector specific trades....there is a reason why i gave that urgent warning....primarily because of a death cross that occurred in NIFTY on 29th December 2016....though this is a lagging indicator of markets...but this has a very high success rate....also since that day NIFTY has rallied 500 odd points and BANKNIFTY has rallied 1500 odd points...but this looks like a trap game to me.....also BANKNIFTY is also at the verge of creating a death cross. Death Cross is a crossover between 50 DMA and 200 DMA (DMA=Daily Moving Average). When 50 DMA crosses over 200 DMA from upside to down then it is known as a Death Cross and when it does from bottom to up it is known as a Golden Cross....i specifically mentioned to exit buy...stay in cash or make your trades stock specific....did'nt know that you were in shorts at that point of time.

      Delete
    2. neerajJanuary 26, 2017 at 7:24 AM

      means u are still seeing a crash sir?

      Delete
  11. neerajJanuary 25, 2017 at 8:13 PM

    Abhishek sir... since u gave exit call, nifty ran exactly opposite... now what to do, lost almost all in shorts!!!
    any views for feb? please reply sir.

    ReplyDelete
  12. Manigandan KalyanaramanJanuary 26, 2017 at 1:15 AM

    Abhi Sir. You mean devil cross right? You are correct. Now I can see Nifty can touch 8700. Now RSI 72 but should not short now. Budget day is crucial

    ReplyDelete
  13. MJJanuary 26, 2017 at 7:33 AM

    So Abhi sir, thanks for info regarding dealth cross! Would you please also specify those levels for Nifty (it has already happened) and banknifty which is on the verge of cross... Also you still think that it is a trap? If yes, please let us know the levels to remain cautious for Nifty and Banknifty...

    ReplyDelete
  14. Manigandan KalyanaramanJanuary 27, 2017 at 12:23 AM

    6825-7777 wave 1
    7777-7516 wave 2
    7516-8969 wave 3
    8969-7893 should be 4A (1076 points)
    7893-cmp should be 4B
    If this cmp holds below 9000 ideally 8969, then 4C can be near 7800

    NOTE: IF 8969 BREAKS THEN THIS PATTERN INVALID

    Abhi bro pls advice whether this pattern is possible. Above mentioned much more possible as amendment in LTCG in budget can be a big negative factor.

    ReplyDelete

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