Friday, December 4, 2009

Nifty Intraday Update

At 12.30PM updated..

11.55AM: Sell @ 5150-5160 with a S&R @ 5155 NS
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11.40AM: Sell @ 5150-5160 with a S&R @ 5170
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Book Profits once @ 5135-5140(Pivot) area atleast partially.
Buy back after a 15-20 points reaction as per intra TA.
Low ema @ 5114 is a support now.
11.00AM close above 5132 is mildly bullish.
Any hour close above "High ema" will bring some momentum.

Update your files & follow up the Nifty moves..

49 comments:

San said...

Ilango Sir,
can you please send the excel file to my email id.
Thanks in advance.
ID is
anoopsan@yahoo.co.uk

Ilango said...

Hi..San,

I will send it tonight.

bizagra said...

hii Hemanta sir, wht is yr SL for long now?

Sanjay said...

Can we long Nifty now trading over pivot for the last 15 min. Please send me the excel file so that I can use it. Thanks in advance

My email ID is sanjaykjaiswal@gmail.com

DKG said...

5080 NS, Am i right ilango?

DKG said...

ilango said : 11.40AM: Sell @ 5150-5160 with a S&R @ 5170

INDITRADER said...

Short NF at 5156 With sl 5170

INDITRADER said...

Sir cant understand yt U want to say?
Plz clear stay short or reverse it here?

Ilango said...

As Nifty will be closing above the "Hour High Ema", exit shorts if any. Besides it is comfortably above the Pivot..

DKG said...

Hi Musti1780,

Please put SL 5170 of Nifty Spot not Nifty Future. There is diff in (-/+10) between NS & NF.

Ilango said...

Hi..Musti..

Yesterday's short was closed at the open & went long..Booked out @ 5161.

Sold @ 5161 with a S& R @ 5170NS.....S&R was later changed to 5155NS. So Long again @ 5160.

Sanjay said...

Sir ILango, Can we long from 5160 with SL 5140

Sir, Please send me the Excel File to my email ID : sanjaykjaiswal@gmail.com

Thanks

Sanjay said...

Sir, book the long at what level

DKG said...

Hi ilango,

we shorted with SL 5170, how NS 5170 become NS 5155?

Ilango said...

Hi..Dinesh,

I felt a 5 wave completion. So a sell recomm with a Sl 5170(a wide one). Later changed to a tad above the high at that time which was 5154.65.


Ideal level to go long is near 5140 Pivot..with a small SL.

If Nifty does not go below 5135-5140 zone, carry the longs. I will update further.

Sanjay said...

Sir, coming down, SL at 5135

d.a said...

hai ilango sir ,i noticed dow nasdaq map ...its closed week ...ur view on nifty close !

Kiran said...

hangsan g recovers from days low.

Ilango said...

Keep 5143 NS as S&R now for longs.

Ilango said...

A close below 5151(Hour high ema for 1.00PM) will bring some weakness.

Kiran said...

bank nifty shows -ve div.....

Ilango said...

For aggressive traders only: Nifty broke the 2 day low at today's open. One can short with a SL of 2 day High(5182).

bizagra said...

Ilango sir, 5143 S&R is for conservative traders i hope?

Ilango said...

yes..bizagra..

Ilango said...

SOLD @ 5150NF

Kiran said...

below 5133 can we take short for the target of 5080

bizagra said...

Ilango sir,we shorted as it came below daily high ema ie 5143, right.Now wht sud be sl for conservatives?

Ilango said...

Hi..Bizarga,

ha..ha..ha....we are trading the conservative like aggressive..Funny what mkt can do to you..

I will keep 5162(Today's high) as S&R.

BALA said...

Sir,

India bulls , will any body tell about the broakerage for nifty -how many points it is taking-flat or any %. How about services and especially over phone orders execution

Thanks

Bala

DKG said...

Hi Bala,

Go to www.indiabulls.com and locate local branch in your city, contact them they will tell u every thing.

satheesh said...

Sir,

What is the prospective target for the short initiated at 5140 levels for intraday?

BALA said...

Shri Dinesh ji

I have contacted and done already. I fear some hidden charges because for one of my friend told what they told and contract note differs. In the web site broakerage details are not there. If there is any advantage over ICICI direct . No charts in icici direct

Bala

Sanjay said...

Hi Bala

The charges for Intraday if it is 2paisa/20 paisa then comes to 175/- approx per lot buy & sell

r m said...

Dear Bala,
You could go for RKGlobal, their brokerage is what they claim but their website works slow. You could go for their ODIN client, they charge 300 pm for that.
regards.
rm

r m said...

and their brokerage is 9 rs per lot. Har maal milega ek daam, whether you trade mini or maxi, price is same!

DKG said...

Hi Bala, Please go through below...

Hemanta said...
Hi.. Mahendrian,

I m trading from R.K Global. All details for u:-

1. Brokerage for 1Lot Nifty Rs9(for buy)+Rs9(for sell)=18 + other tax.
2. Monthly rental for odin (.exe based faster terminal) is Rs 299+(10.32%tax).
3. Account opening charge for odin Rs 199 + one month advance rental @Rs 299+(10.32%tax).
For web based terminal it is 199 + 99(+10.32%tax)
4. Client should have account with HDFC Bank with Net Banking Facility. Otherwise u have to use cheque/3rd party transfer.

See following link for details:-
http://www.rkglobal.net/

I m trading from the same city Kolkata(their main branch) & very much satisfied with their service. But the web based terminal with Rs99/month is not good for real time intraday trader (it is good for positional trader).

GO FOR FASTER TERMINAL LIKE Diet Odin 9.1.0.5 IF U R A REALTIME INTRADAY TRADER.
FOR REALTIME NIFTY TRADER EVEN 10/20 SECONDS EARLIER ORDER EXCECUTION (@MARKET PRICE) VERY IMPORTANT. SOFTWARE BASED TERMINAL (MUST RUN FROM UR COMPUTER) ALWAYS FASTER THAN WEB BASED TERMINAL.

For Registered Office in your city see:
http://www.rkglobal.net/Contact.asp

-----------
Also India Infoline has lower brokerage(but RK Global is lowest) and provide Diet Odin Terminal. For more details see:
http://www.5paisa.com/

HAPPY TRADING with beloved Ilango..
November 27, 2009 2:15 PM

Hemanta said...

go short with sll 30.

Hemanta said...

sorry triggered stop loss 30

bizagra said...

hemanta wht do u mean by triggered sl?this call is positional or intraday?

Hemanta said...

sudden bounce possible upto(5135) sl must be triggered.

bizagra said...

Hemanta sir, i still didnt get u?can i go short on some rise?

Hemanta said...

square of ur short of goes above 5120. it is only intra position not positional . remember it, not positional.

DKG said...

Hi Hemanta,

What is ur conservative trade and SL?

Hemanta said...

square ur shorts now. if u dont know about triggered stop loss.

bizagra said...

Hemanta sir, r u positionally long?

Hemanta said...

triggered stop loss means u enter the stop loss. for example today if market goes above 5120 and say a sudden big bounce of 60pt. then if u want to do square off, u will have no time.
and dont try to take position in uncertain market.
It was just a 20 pt risk. For 60+ pt profit at crucial support. I think I m just a little late, bcoz market falls in quicker time.
when i try to give the call i was at 5110. market fall upto 5180, still at 5005.
now I reliaze the need of yahoo service really.
dont worry I will give that soon, for all.

bizagra said...

Thanks Hemanta sir, plz give positional trades if any.

Hemanta said...

Hi, bizagra
pls FOLLOW ME,(MY EVERY COMMENTS:ALL IMPORTIONT)
see yesterday day comments.
my stop loss was 5090. see it.
market today open from 5090 exactly. and up again. second time my sl occured FOR POSITIONAL LONG. squared of below 5090. total profit 5090-5005=85 for 3 lot and other 2 lot, i have previously said squared of at my target 5180 (i have said my target was 5200(+20 or -20 THE DAY B4) for other two lot 5180-5005=175 each.
U MUST READ EVERY COMMENTS HERE I HAVE POSTED ONE BY ONE.
I HAVE SAID I DONT TAKE POSITION OVERNIGHT UNTILL I MY PROFIT IS ABOVE MY STOP LOSS.
PLS SEE IT ALL.
todays call is not positional at all. i have squared off it with profit. But the profit is so small against the risk to reward ratio, even if I tanke only 1 lot against 5 squared off.
so no position at all. currently I m free with all position.

Hemanta said...

I regret for for my numbering mistake('when I try to give the call i was at 5110. market fall upto 5180, still at 5005' u know what I want to say:
I was at 5110 when give the advice for short, market goes up to 5080 then still at that time 5105.

That was due to very busy trading time.
I think during very busy trading time, I can say only 'short SL30' = short now stop loss 30. That'll be enough.

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