Tuesday, June 29, 2010

Nifty Intraday update-III


41 comments:

Saif said...

significant additons in 5300 Call..and 5400 call..total 56L and 64L..and significant buildup at 5200 put...close to 80l

Sunil Sehgal said...

Dear Ilango,

Is that divergence as per 14 RSI? If yes, then why am i not getting the divergence in my charts??

Obviously something right with my set up.

Sunil

assortZ said...

Amrender Gill ,

browse this

www.marketcalls.in/2010/06/free-nifty-futures-realtime-charts-in-metatrader-platform.html

Anil said...

@all

just a caution, nifty down almost 1.7% but volumes are lacking..

cash - 9900 cr
f&o - 63500 cr.

so a major volume is still to come, ifit breaks on downside more levels else this is good time to look up...

Anonymous said...

5245 is also an important level for BULLS Niftysparks

bizagra said...

ilango sir sud i go long?

bizagra said...

Ilango sir sud i go long here??

amrender said...

Thanks assortz & san.

Hitendra said...

Worth going long now in Nifty and bank nifty?

Regards

SuchIsLife said...

Dear Ilango Sir:

I have no positions now, can i go long with 5240 as SL or 5220 as SL;

Please suggest;

SIL

amrender said...
This comment has been removed by the author.
INDITRADER said...

Sir yt should be the sl for Shorts now?

Unknown said...

sir...its a classy trendline case wherein NS bounced from the bottom...you were saying this for several days.....it stood up by you !!

regards

Unknown said...

sir...comments are posted after approval....its taking me thru many layers since y'day !!

SuchIsLife said...

Dear Ilango Sir:

i Have no positions now.. can i go long with days low as SL or 5220 as much better SL

Please suggest

SIL

GOOD WISHER TO ALL said...

low risk entry for long at 5240 for positional view
sl 5200 closing eod basis wait, see after 2 or 3 days
later

Rajagopal said...

Nifty-50 or Dal Badloo politician? Y'day all these said UP. Today DOWN. Only L&T wants to go up. Rest of the 50 "Cats on the Wall".
Scrip Name LOW-Rs
ABB 841.85
ACC 848.14
AXISBANK 1215.31
BHARTI 259.12
CAIRN 297.68
GAIL 462.94
GRASIM 1734.51
GUJAMBUJA 113.36
HCLTECH 353.37
HDFC 2869.39
HDFCBANK 1877.26
HINDALCO 139.78
ICICIBANK 827.49
ITC 291.19
M&M 598.48
MARUTIUD 1358.68
NTPC 194.99
SAIL 188.51
SBI 2252.45
STERLITE 162.78
TATAMOTORS 750.28
TCSCONS 740.89
TISCO 469.96
UNITECH 71.14
WIPRO 381.91

Ilango said...

TT follower may not be holding longs but shorts.
A close above 5262 will keep bulls alive.

EW follower may find a 4th wave ending entry to play the 5th wave with a possibility of another down move upto 5200+.

TA suggests of a short term +ve div but the daily term being down below 5 & 10 sma.

MP values must be suggesting trading below important supports since morning.

Now that is education for you take necessary steps/ action.

Fire said...

Ilangiji,

everyone talked about everything but that channel support. Again kudos to you.

Assortz,

Very nice software but i am concerned about how long would they allow us this demo version.
can you enlighten?

Rajagopal said...

Angae sirippavargal sirikkattum adhu aanava sirippu...

manu said...

sir

thr trend s still up..then y a short..

assortZ said...

@Sir,

Holding shorts since Thursday second half..only crime was not covering shorts after yesterday’s TT reading..but somehow it pays today..thanks sir

@Fire,

I have been using demo version of MT4 for last 2 years with live charts of all “global markets”, “commodities”, “currencies” etc....:)

Once in a month after rollover, it do not provide data for NF for half a day or whole day..otherwise perfect..

Ilango said...

@ Fire,

It is you who spotted the +ve div. Good works.

@ Rajagopal,

Nenjam undu, Naermai undu Oodu raja,
Neram varum Kaathirundhu paaru raja,

Anji anji valzhndadhu podum roja

Fire said...

Ilangoji,

In the weekend, I was going through the archives of this blog and i found a lot of gems. I remember coming across a few charts of yours showing -- 'trading the divergence only, no sweat'. Now when you have showed the positive divergence with a bounce from the channel boundary, should one remain short? Why would TT get the priority here above this? A bit of curiosity from this student.

sryasdmurali said...

@Elango Sir

Shall I short @ 5266 (fut)

Rajagopal said...

Thanks Sir.
"Anji anji valzhndadhu" - Acham enbathu madamai..."

After every expiry:

"Naan sethu pozhachavanda...emanai paarthu sirichavanda"

Always
"Naan ungal veetu pillai,idhu ...."

That's my EW !!!

manu said...

Rg

`@#$%^&*()_+

Fire said...

Assortz,

I cant find the "Symbols" by right clicking in the market watch. So all I am getting are the US and European indices, currencies and commodities. But no Nifty. How to get that?

Ilango said...

Short term pressure is on.

Unable to close above Hour ema (to confirm the +ve div) & day low ema.

Trade light at such times or stay off to face the new day.

manojag said...

LOWER LOW,LOWER HIGH ON DAILY

Mr GG said...

The close looks like 5258, the drama continues - just above
High EMA and just below Low EMA.

Will it be a strike 3 as I am carrying longs now :).

assortZ said...

RG,

Am youngster..so here is the latest…:)

“adungada ennai suthi—naan ayyanaru vettu kathi” – Nifty sings all the day …

assortZ said...

Fire,

Marketwatch-rightclick-Index-NSE-Show

manu said...

Az
hi..

fire s facing d same prblm

San said...

Hai everyone

Nifty Futures Hour chart updated.

http://niftychartsandpatterns.blogspot.com/2010/06/nifty-futures-hour-chart-channel-update.html

Thank you

Rajagopal said...

Thank you Sir and Friends.

aZ : naan ayyanaru vettu kathi - will it fall deeper on Nifty?

Have a nice evening.

Rajagopal said...

Bye Manu - just few old songs buddy.

btw aZ : Thanks from me also. Will try it - looks very useful. I understand Mr Rajendran is a good techie.

assortZ said...

Manu,

But I replied you on that day..can you recheck…Let us see if Fire can resolve it..

Fire said...

Assortz,

Got it. Had to manipulate the "symbols". Thanks again.

assortZ said...

manu,

fire got it ..can you try again..

Nifty Tips said...

Niceee..



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