Tuesday, March 9, 2010

Nifty Intraday Update-II


"5102- 5120" will be a critical decisive Pivot now.

70 comments:

Unknown said...

thank you babu
no appreciation at all from others for good work.anandan using this blog to promote him
===============BREAKING NEWS=================
===============BREAKING NEWS=================
===============BREAKING NEWS=================

VISIT THIS IMAGE LINK

http://img251.imageshack.us/img251/5935/60246255.png

===============BREAKING NEWS=================
===============BREAKING NEWS=================
===============BREAKING NEWS=================

saravana said...

Anandan sir & raj, what is this BREAAKING NEWS all about? d u think nifty is going to crash today to 4990? i am short at 5110.

Anandan said...

Hi Request Openly to Mr.Illango and Rajagopal..
Ban the guy name called "Raj".. he came on chat and request me to give open options about Mr.Illango and Rajagopal..
I going on telling him.. they are good..
Technically strong..
but now I understand what is his intention..
I think today I learn lesson, I think this is my first life time lesson..
What a great kind of people in this world.. I am wondering...
I can understand what is his motto...
If this blog wish to be success then needs to take some actions....
Up to Mr.Ilango to take initiatives..
thanks
anandan.R

manu said...

@ anandan
emotional atyachaar:)

@joshi paji
kithe?

@mynac/kp/arv/sanjay
oi intrepretation
thnx always

@sir ji
perfect lvls unitech daily chart..
i must still c 75.8 5 ema to hold for intraday or ignore on closing basis

@ viren
??

satheesh said...

Ilango sir,

if in hourly charts a 20ma trendline is plotted based on close field, the hourly bar of 12.00 pm has cut it. Any significance?

mo h said...

hi whom so ever it may apply
plz understand this is Ilango's blogsite.
Whoever wish to see his blog as it is finds it OK visits here.
Whoever is not comfortable in this site can go to blogs which are comfortable to them.
But, plz, for heaven's sake, avoid controversies here.
Its irritating to concentrate on idiocies during market hours.
Keep your arguements and personnel effects off this site.
Thanks.
with regards.

Rajagopal said...

Anandan - You are appreciated and accepted by all of us. Please come over criticism.

Raj : Please. He has no ulterior motive. He is helping people like me a lot. Please watch him. Every one has bad calls.

Prabhakar said...

Dear Ilango Sir,

You are in busy... I am in worry.

Pl. give reply.

Akash said...

Rajgopal dear,

If you say you have been benefited from such nonsense calls then god bless you.

How can one forget all of feb series how he kept saying operators taking above 4950 lol and it never went above 4900 after he gave buy calls here.

This Abandan guy is a disease and Raj done right thing in exposing him.

Regards

Unknown said...

when somebody insults ilango
this is the kind of response we are getting

great guys
mok do you think it's a controversy.anandan uses this blog and behind insults blog owner.shame on you mok

satheesh said...

@raj, Anandan and all,

Any body can give calls and nobody is forced to accept the calls. It is left to the trader to take decision whether to accept or reject. Those who find it acceptable can continue. those who find it disgusting may quit. No man is perfect in this trading world.

After all I read somewhere that Jessi Livermore himself went Bankrupt Twice!!!!!

sundar said...

Raj,
Please don't play politics here. The chat between you and Anandan, in my opinion, was purely personal. You should have reacted to Anandan's comments in the chat itself if something was objectionable to you. It is not proper to cut and paste the chat in the blog for others to see. I can see clearly in the chat that you are the one who motivated Anandan to make these comments. Besides, I really don't think anyone can tarnish the images of Mr. Ilango and Rajagopal.

Babu said...

@Prabhakar,
Sir not asked to short or long :) how he will respond :), i think you need to put stop lose as 4978

Viren said...

Manu,

Just read ur prev comment.

Unitech :

77.7- 75.8-75.6.

Akash said...

Raj i support you COMPLETELY, Illango is a nice chap and happy to see people like him are in this world.

He is transparent and makes sense unlike some stupid character who comes to create sensation.

Regards

manu said...

@all
leave ths anandan topic
my dad always do with good intention..things will be good..

lets not pinpoint ..peep within urself ur intention and analyze..
concentrate on JUST NIFTY

Unknown said...

thank you akash
see how anandan defending himself.i am not talking about anandan calls.see on chat how he insulted ilango sir

sundar(aid of anandan)mind your language

sadanand balwant said...

As time is passing Nifty is losing it's strength and reaching tough to tougher zone to come out.

manu said...

@ viren
again a tight call
hw much imp. shld one gv 2 POC thn VAL whr TA is up or viceversa

sl too?

Rajagopal said...

Request to read and forget comments with ulterior motive.

Let's enjoy our walk. Rest are blarring bad music to be ignored.

Peace be on Us.

Prabhakar said...

Babu Sir,

Small confusion... I saw Sir posting as, "Bought near the double bottom for 25-35 points
at 10:32 AM " and I thought he gave buy call.

Thanks

Paresh said...

raj

did you get my email id ? its itsmeparesh@gmail.com

i'd like to get calls from both you and anandan :)

Piyush Sharda said...

thanks anandan sir , for the info on 2652

Babu said...

ya, just now i have seen.

satheesh said...

Ilango Sir,

Ilango sir,

if in hourly charts a 20ma trendline is plotted based on close field, the hourly bar of 12.00 pm has cut it. Any significance?

Also, past 5 hour bars are below the 5 MA line in hour chart. Can you give the significance?

Piyush Sharda said...

nifty in a downward channel with yesterday high and low points as 2 points

Anandan said...

Hi Guys..
This is my email Posting to the email ID is.. rajviren007@gmail.com, His name seems Raj.. his intentions is to create confusions among the people they are trying to build good platform for support each other..
( He is not in my email List..)

Hi Raj Viren..

Greetings,
You are very successful may be in your trade or may be in your business.
But from my view..
You never be successful in your life.. you can't understand today but one day you will realize ..
Now I can understand your intentions / motto..,
so cleverly you edited the chat.. and posted on the blog..& create confusion & divert the attention of the people..

You think.. you did good job done...But I tell you each passing day is the learning a lesson,

Now I can understand.. why Mr.Ilagno started his own blog..
He use to say.. do your job and you will get rewards..
that is great..

Best wishes for your long term master minded act..

you never be successful in your life.., you have good master mind.. but use it productively

This mail copy going to circulate to all the blog people so that they understand who are you.. and they treat you with best blessing..

thanks
anandan.R

Sandip Pal said...

Let one be as he wants to be let's not judge people (good / bad). I love both of them and their calls.

Niftybaaz said...

respected all here...

please..........add my id too vikramrinal@yahoo.co.in

regards
vikram

Unknown said...

hello viren what your chart is saying abt hul

Viren said...

Manu,

POC is imp, as it is the highest vol point.

You mentioned that your are in Unitech for a short term ( more than 1 day), so don't worry about every move the stock will make. Give it room to run also.I mentioned in the morning that there was a possibility of a bounce from 74.7. Let the bounce play out. I also mentioned 78 as a level.

Don't worry...the stock is doing what it should be doing.

Babu said...

@prabhakar,
in PreMarket view sir told to trade between 4985 to 5140. If you have taken long may be you can put 4980 is stop lose.

Unknown said...

i confirmed onething

one will use another for help
other will help for them without jealous

outcome-- no support for who helps others
final line is log sab ko use karte hei

Viren said...

raj,

HUL??

Prabhakar said...

Thank you Mr. Babu. I think Sl is 5080 NS

Babu said...

@Raj

What rajagopal told, its for you also. You did what you want to do. Anandan is doing what he wants to do. Rest you leave to readers. Why to expect compliments from others

appu said...

Sir,
Tug off btw Bulls & Bears
Break any side 30-40 points ???

Unknown said...

yes viren , hind lever

sadanand balwant said...

Nifty Future not traded above 5115 since 9.20 a.m.

Viren said...

What do you want to know about it? and your timeframe?

Viren said...

Mynac,

5115 is VAL

Rajagopal said...

Dear Ilango,

I have initiated an averaging short @ 5118 to rescue my distant short @ 4947 - now my average is 5100. Can I hold the same for profit or exit at cost.

Viren:
Watch Cairn. DII buying.

sadanand balwant said...

shall it be possible to Nifty Fut. to break this ice?

sadanand balwant said...

Thanks.A lot.

Unknown said...

for today and 2 3 days what is support and resistance of hul

satheesh said...

Viren,

If a short is initiated here can the SL be VAH 5129?

DCStrader said...

hourly chart has - divegence so i think it has to be a sell but what should be used to know if trade is troggered.?

appu said...

Ilango sir,

Your views pl.

Viren said...

Yes Satheesh.

Unknown said...

@Viren - You said NF VAL is 5116 - this is VAH previous day

VAL today is 5100 and POC at 5116 - VAH 5131.. Am i missing something?

Ilango said...

As shown in the chart,

If 5120 is breached, the last move up as in a rising wedge/ ending diagonal may play out. It may or may not make a new high.

"Shorts" can partially exit to reinitiate at higher levels.

Conservative shorts may be considered around 5145 - 5160 zone witha SL 5195 or 5205.

OR create Shorts at the break of the "Blue rising trendline shown..the present value being 5105.

The above view is based on EW.
Technical trend being still up, initiate only a 25-30% of trades and wait for a confirmation of a close below 5104.(Day High ema)

sadanand balwant said...

From yesterday, after 1.35p.m. to to-day up to this moment Nifty Fut.is trading Bet.5124 to 5097 means It has spent almost a whole trading day in this range and added yesterday's 500000 O.I. and today's intraday 1200000 O.I.Total 1700000 O.I.

Viren said...

Gautam,

I trade based on where value was established yesterday.

Viren said...

Raj,

Software is not back filling quotes for HUL.

Can't give you levels now..

Babu said...

@Prabhakar
you got it what you wanted :)

Prabhakar said...

Yes Mr. Babu

satheesh said...

Ilango sir,

A similar wedge shape is formed in tatasteel hourly graph. In case the wedge is broken down, I see a H & S pattern in it. Can you please clarify if my analysis is right?

satheesh said...

I mean can you clarify if it could be taken for a H & S pattern as the second shoulder is very small

Ilango said...

hi..Satheesh,

Tata steel will be sell on a break below 605. OR closer to its high.
Similar to Nifty , it is also attempting another high. May or may not make one but that is an area to book out at least partially.

Above 618.0, it may move towards 625.

sadanand balwant said...

Last Battle to save Nifty?

Viren said...

For the last 15 mins I have been watching a US futures tick chart and a Nifty futures tick chart. Both are at VAL. Both moved above VAL at the same time and down below VAL now.

1136.75 is VAL for Spx Futures.

Who says sentiment is not global??

Ilango said...

Nifty has completed the "last move form - an abc".

It can fall from here.To be confirmed by a sustained fall below 5114.

Sandip Pal said...

Viren - Please post the VAH - POC - VAL every morning for nifty. Best regards.

saravana said...

Ilango sir, shall i hold my nifty short taken at 5110?

DCStrader said...

Ilango
short with sl 5125.is it ok.

Viren said...

I think we put a short term top at 5145 yesterday.

DCStrader said...

Ilango

by sustained fall u mean consevative short?

DCStrader said...

Ilango
one more thing how do u confirm to enter a divergence trade.
u had told abt some ma i forgot.

Ilango said...

= = = = = = = = = =

NEW POST DONE

= = = = = = = = = =

@ learningEW,

I generally take the risk but the confirmation is a close below 5 period sma or ema of that time frame.

satheesh said...

Ilango sir,

You have answered my unasked question. i was about to ask you if the c wave of a-b-c in daily charts has ended. One more question is the top 5309 considered to be an extension of the 3 wave high at 5182 or is it to be named as truncated 5th wave?

Post a Comment

Retracement strategy, a must for traders.

 Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...