Monday, May 24, 2010

Nifty Intraday Update-I

As of now, Let us assume Nifty is attempting a retracement rally for the fall from 5212 to 4842 (370 points).
50% comes @ 5027; 61.82 % comes @ 5070.

43 comments:

tsrini74 said...

hi ilango,
pls open price
tsrini74

Ilango said...

@ tsrini74,

Open: 5002.65

INDITRADER said...

Thx Sir for ur kind Reply
I book my long with 12 point loss & reverse my position
@ 4993 Nf
I place a stoploss of 5010 Nf
Sir this strategy is correct or may need some changes?

Anonymous said...

any stock specific ideas today........any one...??

Mark said...

TIDE WATER OIL breakout. bought at 5100
Market Price : 5608

closing SL today : 5400 , Target - 6000

breakout share.

rochak parekh said...

i lango sir ji
4985 levl mentioned by u ( or any other level u mention ) , whether are spot or futures
thanks answering
i wonder whrer is IITIAN today
looking for him

Jayesh Bhope said...

:) rochak

Ilango said...

@ rochak,

I mention spot levels mostly. If it is futures, I would specify NF.

IITian has given a broader view.His gap down of Friday came true. No one can predict markets consistently. But if we can make good trading/ investment plans and follow them, success is ours.

@ musti,

4973 is the Hour High ema. You book your shorts around there.

arpitg345(gauresh) said...

ilanog sir,

Bank nifty open and high shows 9524.50....is it right figures or fake ones....?

-arpit

Piyush Sharda said...

sir
4957 hour high ema for 10 am

shr said...

GM friends. I agree with Ilango Sir, we should not discount anybody's views. The sentiment has changed for the worse. If it were not for the Ambani's truce we would have gapped up by 20-30 points and testing support at the lower levels.
The ease with which the supports get taken out means the bear is back stronger and more fierce.

Local said...

I think it's turning down.

Ilango said...

@ Piyush,

That is for 10.00AM, but I have given an approx. value for 11.00AM taking the high as 5005.

@ arpit,

BN high is a fake one.

Piyush Sharda said...

thank u sir

Rajagopal said...

More announcedments likely from reliance group. Anil Ambani may be compensated by Reliance Ind for the losses on Gas Price. RNRL & Rcom may be taken over reliance. Some assets from reliance group may be transfered to Anil Group. Announcement likely to be in few days.

===circulated information.

Rajagopal said...

May be the risk taking trader will remain long in RNRL,RCOM and Short on RIL (from lower and higher levels respectively).

Just a thought...

ravi said...

dear IITian sir you had told on friday on monday there will a gap down and nifty will go to 4700 when it will come please advice

Local said...

@Rajagopal,
That should do a lot for the VIX.:)

shr said...

Take over of RNRL and RCOM (his baby!) by RIL will be positive move. Hope he does not give away Reliance Retail in exchange.

Sukanya said...

Sir, dollar index is going up with huge vol and coming down with lower vol, does this indicate the capital market looks bearish except this pull backs?

INDITRADER said...

@ Maynac & all
5000 Ce & 5000 Pe increases simultaneously
Yt should it reveal?
Are we going up or down?

sadanand balwant said...

Despite of huge addition in NF since morning,(1700000 approx) from last half an hour NF is trading above 4985 looks a danger sign for bears.In the latter trading hours considering the intraday movement up to 11.06 P.M. is it the first alarm for bears?Dear Ilango, Pl,guide us.

Prabhakar said...

Ilango Sir,
=========
Nifty is not slips to 4950 - 4965 levels to exit my NF short. Can I wait?
Thank you
=========

INDITRADER said...

Any body Give View on Gold
I am holding few ETF can I book profit here or
wait?
As Gold is reguraly down but due to
high dollar it not fall,so should I book or wait

sanju said...

Ilango sir Goodmorning,

sir from where i can take figures like opening range (open, high, low) and hourly open, high, low, close. i want update tachtable but my IIFL traderterminal showes differ values from your. please guide. thanks

Piyush Sharda said...

thanks,

wormwood,mohk, tot amit

Piyush Sharda said...

@ sanju

u can download file eod, then manually copy it frm here during the day to update
sir removes freak quotes usually at opening

Pawan Jangid said...

Total Qty of Nifty traded 68258917 at price 4985 to 4989

Ilango said...

@ Prabhakar,

Exit your shorts.

rahul-k said...

Tata moter and Tata steel
has result this week

can bounce 5% fr here

rahul

sundar said...

mynac,

Thanks for your mail. Points noted. From today's data, I can see 10 lakhs addition to 5000 puts compared to 7.4 lakhs to 5000 call. As far as 5100 is concerned, Calls are reduced by 3.6 lakhs compared to 1.5 lakhs for Put. So the trend as of now looks bullish.

Local said...

determined bulls or baiting bears ... nifty is in no mood to fall.:)

Prabhakar said...

I exited my short.
Thank you Sir.

sanju said...

@ piyush sharda


thanks piyushji,

but my intention is to know any site where i can get open, high, low, close that match with our blog.

Sukanya said...

i also exited my short, now looking for direction!

Sunny said...

hi dear sir ILANGO,
plz give the bank nifty 10.00 clock data ( cunfuse buz 9524.50 open= high)
regards,
alpesh

Pawan Jangid said...

Now we safely assumed that 68258917 Nifty purchased by some one at 4985 and it is now good support.

bizagra said...

Ilango sir, i just came to my office, sud conservative shorts
exit signal given?

Rajagopal said...

Release the BULLS. Let the Games Begin !!!
===

Hi mynac,Yoda,PS,one in a bluemoon Sundar.

Shr - Cud it be Reliance Retail? Some prospective Airline venture is bound in it

sadanand balwant said...

Dear sundar,
It's my pleasure. Thanks Dear Ilango,for addressing Dear Prabhakar.Bye,will try to join in latter trading hours.Thanks.

C M said...

Dear Rajgopal,

Can IFCI be one way of reliance entering financial sector, it showed some very good volume move on friday...though very muted so far today..
disclosure: huge position ifci may series.
Thanks

Ilango said...

NEW POST DONE


@ alpesh,

BN open 9237.2; High 9275.45; Low 9212.70

shr said...

@RG,
Chota bhai wanted to buy Airlines but the king of good times pipped him to it. The captain did not disappoint Bada Bhai and has given him good stake in cargo business. This will help backward integration with retail.
So better chota bhai ask for and get the Indian Party League ... oops i mean the mumbai indians. Reliance retail best when with bada bhai.

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