Nifty Gap-up/Down Openings

[NiftyTrader]

Hi all,

As all of us know 50+ points Gap-up/down openings in nifty happen very less.
And any nifty gap-up/down openings will give us a minimum of 50% profit if we buy the right nifty Call/Put Options accordingly.
And it is some times very easy to predict such gap-up/down openings one day before itself.
I would like all of you to share all such gap-up/down predictions here in this thread.

So, to start with:

My prediction for tomorrow (28 Sep 2012):
Gap-up opening of 50+ points (and even after that
nifty likely to go up another 50+ points.)

Best Regards,
NiftyTrader

 

[hames]

it is easy to predict post market hours after some news/events. challenge is to predict it just before the close of the market hours and take position for tomorrow.

 

[NiftyTrader]

@Hames:

I agree 100% with you!
The purpose of this thread is to predict such things
during market hours and allow to take position for next day.
(Actually this time it was very very easy to predict yesterday afternoon itself
and I could take good number of positions in Nifty Futures @5675.
But I could not post it early as I joined this forum only in the last night.)

Also it is interesting to note that when there is a gap-up/down
there is a good chance of making money even after opening
as the trend gives a small volatility (15 to 20 points) and a
further run (20 to 25 points or even more some times).
So, we need to utilize even such opportunities too!

However around 3 to 4 gap-up/down openings expected in October Series.
Let us get ready to catch them!

Regards,
NiftyTrader

 

[manojborle]

@Hames:

I agree 100% with you!
The purpose of this thread is to predict such things
during market hours and allow to take position for next day.
(Actually this time it was very very easy to predict yesterday afternoon itself
and I could take good number of positions in Nifty Futures @5675.
But I could not post it early as I joined this forum only in the last night.)

Also it is interesting to note that when there is a gap-up/down
there is a good chance of making money even after opening
as the trend gives a small volatility (15 to 20 points) and a
further run (20 to 25 points or even more some times).
So, we need to utilize even such opportunities too!

However around 3 to 4 gap-up/down openings expected in October Series.
Let us get ready to catch them!

Regards,
NiftyTrader

If it opens with a GAP today it will be Exhaustive Gap, Isn't It ?

 

[NiftyTrader]

@Manoj Borle:
Do you mean to say that:
we will not be having any opportunity to trade after
today's gap-up opening?

 

[rh6996]

If it opens with a GAP today it will be Exhaustive Gap, Isn't It ?

It may be turn out to be a 'runaway gap' .....

 

[NiftyTrader]

@MansiVarma:
This time it is very simple reason.
The Big Foreign Funds are usually having some quarterly targets.
Today is the last day for them to show their targets to the public.
And this month if you see they were more on long side and they
had to make this happen today. Our markets will be green today
for sure. Generally such euphoria is built with a gap-up, some
volatility and then up run.

 

[NiftyTrader]

Nifty (28 Sep 12) First Hour Recap:
Every thing went as expected.
Nifty opened @5690 (+40) and then smoothly went up by another 36 points so far.

 

[NiftyTrader]

The first gap-up discussion in this thread went smoothly,
although there was not much participation from others.

Let us wait for next "confirmed" gap-up/gap-down! I am expecting
another three gap-ups or gap-downs within 09 Nov 2012.
Whenever I have confirmed indicators I will post the same,
of course in advance!

 

[manojborle]

Nifty (28 Sep 12) First Hour Recap:
Every thing went as expected.
Nifty opened @5690 (+40) and then smoothly went up by another 36 points so far.

As far as I know this can not be treated as GAP as yesterday's high was 5693.7