Thursday, March 10, 2011

Nifty Intraday Update-II

94 comments:

prashant shah said...

11 to 12 pivot point future is pivot is 5490.. s1 & s2 5480 -5464... R1 R2 IS 5509-5515

Avinash said...

dear ilango sir,

I sure did miss you not only the tech table and your
careful guidance through this market but your other wordings
to be independent and having a firm control of oneself in making decisions

I missed your weekly moral enhancement notes too, out at sea
there is still no internet facility so kinda cut off from world.

well yeah oil is on the rise, shell for sure is storing up oil for future
and freight rates are goin up, not a good sign for the economy on a short term to medium term
but maybe for a big upmove we do need this fall now. maybe around 4500-4800 would be a good
swing to new highs.

how is your baby doing, must be growing fast with lots n lots of queries every day.

i see your following keeps on increasing with every passing day..reallt happy about that.
i learnt so much from this website and you as its leader.

Rgds.

FIRE said...

Highest volume node for today is @5486-87.

Ilango said...

@ Avinash,

The youngest baby is appearing for 10th ICSE. :)

Sujeet said...

Crude @105.02 our VIX@ 23.77

POWERTRADE said...

@Avinash

Good Noon to you ... and Welcome back ... If possible please mail me the chart at

get2patel@gmail.com and nimesh_rpatel@rediffmail.com

Avinash said...

good one sir.... :)

Avinash said...

sure nimesh will send away now. maybe u can post it here.. :)

skmishra said...

nifty may be preparing for a fast fall!

Sujeet said...

What a super boaring day. Screen JAM ho gaya hai

Rajvada said...

Bullish flag in intra-day chart? target 5520?

Avinash said...

sent it across nimesh, let me know ur views too.

Indian Trader said...

@ POWERTRADE
Looks like your SL will not hit and may again down side begins Good SL Zone = 5510. if hits its a party zone for bulls for booking profits from lower side

see you tomorrow

manu said...

half r bulls..half r bears..

thats y range bound:)

POWERTRADE said...

@Avinash

Thanks a lot i have got it .... And the chart implies bearishness to a very large extent..

Me too expecting carnage after 14 as the premiums in option will be less and the big players will be running for easy money.

This time don't think that the fall will stop at 5167

I have posted your chart at my Blog as even i don't know how to paste chart

POWERTRADE said...

@Indian Trader

Hope so i get 5420 or 5370 today

FIRE said...

All intraday bearish flags breakdown.

Kumar said...

"A negative person see the glass of water half empty, A postive person see it half full but a realistic person adds 60 ML Whisky to it and says CHEERS."

Dont worry friends, its silent before storm...sooner v may see bigger moves and specially on down sides. Market is testing ur patience so use Kali Phos in between.

Kumar

nifty said...

@Sujeet

It is during such boring "daze" that Nifty suddently gets a rush of blood and ramps up 70-100 points in a matter of a few minutes. Got to be very wary.......I am holding Shorts.

Had I been Long, then it would have been a 70-100 pts ramp down.

skmishra said...

ha ha ha Kumar Bhai, kali phos... yes takingggggg...

POWERTRADE said...

@Kumar

Very true ... Double Malt today at 5370 and Green Label at 4500 march expiry

Ilango said...

@ Kumar,

"And a neat person throws away the water, pours 120ml Teachers and take a big gulp"..

:)

Kaliphos is calming my son and he has been finding the exams "Ultra easy" so far except the "Sanskrit".

Thank you.

Prabakar said...

Great timing Mishra Ji.

Kumar Sir, very good one :) Enhanced version huh!! i never been realistic.

rochak parekh said...

resp. i lango sir

i wish to ask u a silly q. for learning purpose.

i felt, that after breaking 5477 ( 2 days low ) & making a low like 5469, nifty has broken the trend of HL & HH, but, then u r mentioning that nifty is locked in a range of 5477-5495 (which seems true by now ) ?

where, is the mistake in my understanding ? why arent we considering days low as 5469 & 5477 to be broken, so, where is nifty locked in the range, it has clearly broken down the range, early in the morning ?

i know , this is a silly q.

BNS said...

fall intensifies once VIX above yesterday's Hi of 24.15, 24.11 right now.

POWERTRADE said...

@Ilango Sir,

Looks like at march expiry JN Family will be busy making the glass Full .... Or course with Malt

Avinash said...

hey nimesh,

maybe its time to think about OTM options in the next month. lets see.

As Ilango sir always says let your trades be supported by a solid research and numbers
which are laready in place.

"All the numbers are telling us a story, LIsten to them."

mynac said...

GA noon Everybody,
@ PT,if I am short then would like to keep 5521 i.e. low + 1%,as a SL & not SAR. The reason behind it ....Nifty broke JNSR twice this week.But the difference here this time is the way it broke i.e. Open High same & good volume(O.I.) in just first 1 hr.even at lower end.Now it is very much but natural that those who have bought it in such a good volume must not be small players... so the fight will be there...but just asked myself that, is there any valid reason for big up swing except intraday bullish technical formation?
On the contrary I would like to see the action-reactions at NF 5520 & 5455 i.e. i% away from it's intra top & bottom,if it goes there.
Even Dear Rajwada just mentioned 5520.

Kumar said...

Thank u ILango sir!

I m using this since 26 yrs and its mentioned in 150-175 yrs history of Homeopathy that effect of these medicines may be slow but its 100% sure. Though u have no need to take for urself bcoz u r already very calm & cool.

Rgrds,

Kumar

manu said...

does market forgot inflation data s good and rbi may
not move on 17th or 19th march ...plz confim d date

Mat said...

Dear Dr Kumar,

Can I drink cofee when Kaliphos is taken.

Regards,
Mathews

Bhavan said...

@Prashant
JSK
Kyaan fari aavya ,jaldi paacha aavi gaya?
trip kem curtail kari?

Sujatha said...

@ Kumar - who are all in JN blog is taking kaliphos is doesn't matter. But sure "our Master has to take" as he has to manage people like me :P

am i right sir??? :)

Sujeet said...

Old saying "Baccha jab tak rota nahi hai tab tak MAA bhee Dhood nahi pilatee". So I thought to say & see Screen is moving now:)

Kumar said...

Dear Mat!

Coffee has no relation with Kali Phos but already 40 pages are written on bad effects of coffee so u may decide urself.

Kumar

POWERTRADE said...

@Mynac

Good After Noon ...Agreed But NF gets tired at 5495 - 5500 ... Me too have raised the SL to 5525 Now

@Avinash

March 5000 Puts are showing Decent Volumes .. The story is getting build up there Not a Bad idea to Buy 1000 at the cost of 15K .... thinking to buy just want the prizes to confirm

Bhavan said...

SR;
Hi.
In for a small break

Indian Trader said...

@ POWERTRADE
I just wish / pray for you still chances are at 5450 until futures trades above spot, if it reached book part profit or revise SL next target will be 5420 but doubt at 5370 today if happens its luck by chance, we reaching oversold zone and trading but entering at this level for intraday shorts is ex-trimly risky need your view

no more posting possible for me today
regards
IT

Mat said...

Dear Dr Kumar,

Thank you very much for replying me.

Regards,
Mathews.

POWERTRADE said...

" Manzil Ho na Ho Mukaddar apna chalta hai"

"Raah Baki Kadam Baki"

Aur

"Safar Zinda Hai"

prashant shah said...

12 to 1 pm pivot 5482 ...s1 s2 is 5465-5454..R1 R2 5492 5510

Ilango said...

@ rochak,

No question is silly.

Earlier low 5477 did break which is considered to be a "precursor" and hence it is suggested 5477 to 5495.

Many trendlines are at work. Markets could always surprise us with a false break down and hence we have SAR or SL.

Everyday is a new learning experience. market is nothing but the collect thoughts of all traders/ investors.

Sujeet said...

Vix@24.08 up 3.43%

mynac said...

Almost 20 lac addition in NF up to 1 PM.If Nifty want to go up from here then it wont be an easy task to force those bears for covering.

prashant shah said...

Nimesh bhai kale Dayara ma gaya hata ke shu ?

jigs said...

@kumarsir will you tell age restriction for kali phos. I mean minimum age and how many times in a day. And full name of kali phos. Which company manufactured.

Anil said...

lower BB 5466

BB compressing,action ahead...

prashant shah said...

Nimesh bhai aaje to Vanechand Varghodo lage che:)

POWERTRADE said...

@Prashant Bhai

Na a to gujarat samamchar ni shatdal purti ma vachi .....Dayro ma 4500 par jaisu .. chokkas

BALA said...

Kumar
I am a BP person with sugar. I am getting tensed very often. I am taking tables for BP . sugar and thining tables .Now my question is shall I take Kasli phos and if so what is the dose. Is there any restriction on coffice and Tea. I am not habitual in taking coffice and tea but due to meeting s etc I am taking cioffice without suger and plain tea. Now a days I am getting very tensed because am getting very much disturbed with scams and going on in the country .Even though I cannot overnioght do any thing but my health is disturbed and my wife is shouting why you are bothering. Thanks.Sorry Illangoji for using this space for otherthan nifty

Sujeet said...

Uncle Sam is down by 66 points

jigs said...

Gujarati bhaiyo ne jai sri krishna. PT,PS,GAURESH all

rochak parekh said...

thanks regards i lango sir

FIRE said...

@Kumar,

You are demoralizing me. I am a total coffee-addict! :(

BTW, do you have anything to deteriorate the health of Nifty? :)

Ilango said...

1.00PM TT updated.

Hour S.macd is yet to move into negative zone...poised..crucial hour or two ahead..

Kumar said...

Dear Sujatha!

No body can manage u bcoz u r already very well self managed person. Ur best quality is that u r always in happy mood so no extra CHEERS needed for u...U r alwas cheerful.

Dear Powertrade!

I also would love to take Green Label in march end or mid april.

Dear Prabhakar!

U r not realistic, even then u must be once and see the difference.

Kumar

Prabakar said...

The low on March 3rd is 5468.50... today till now 5468.45...

The 38.2 Fib. retracement of the rise from 5233 to 5608 is at 5465.

Let us wait an watch.

Sujeet said...

Vix@24.16 up 3.78%

piyush sharda said...

@kumarji

i have a question . shud homeo medicines be taken before
meals? and lot of people say that if within 0.5 hours
before /after the medicine we eat something the
effect is nullified????

sreyO... said...

is it a situation to go for agressive long?

Ashish said...

Looks like i am the lone bull here.

Prabakar said...

Kumar Ji,

Only Nifty is always realistic and neat.

Rajvada said...

Crude has started falling down, hence this sudden upmove

prashant shah said...

aftar high cross i think mkt is coming down bec now nifty traded in premium

Prabakar said...

VIX went up to 24.16 and cooled down now at 23.79...

BNS said...

2nd intra aggresive longs working, thanks to VIX.

Repeat:
Vix Below 23.38 - Shorts @ Risk
Vix Above 24.15 - Longs @ Risk

lazydude said...

Europe futures ka haal acha nahi hai.

bizagra said...

Ilango sir, no clue about wave count in 5-min chart..

Dinesh Rishi said...

Ashish

dont worry bro Im here to give u company :)

Arvind said...

Dear Sir and friends,

Is JNsar reversed to long??

Regards

Ashish said...

:) .. feels great that i am in August company.. actually, the reason i am bullish is after looking at Aarvee's charts.. feel there is one more upmove to 50 DMA atleast.. from where it will be decided whether its a fast fall on daily or a price breakout above 5690..

bizagra said...

It seems abcxabc on 5-min chart.

Ashish said...

and also Dinesh Ji, the falls that are happening in Nifty suggests these falls are more due to trader shorting.. i mean the speed with which the market falls.. and then there is no down move follow up.. such moves in my experience dont last... unless there is geniune selling.. cash based/delivery based selling..u know.. which i dont see at all..

Nifty futures said...

yes JNSAR has reversed to long @5504... atleast that is my trade..

saravana said...

hi guys, again i am repeating dont part with 5600CE. MALAYALI today also told me to hold on to the same. Nifty will see 5800+ in a few days...

buy 5600CE and accumulate any quantity below 60, and enjoy.. target 250

charu said...

Dear Sir please reply is JNSAR long triggerred??

bizagra said...

@Ilango sir and Fire, i m correct about abcxabc correction??

Sujeet said...

I think still it has not touched 5506 the JNSAR SL, SO no reverse

Prabakar said...
This comment has been removed by the author.
Rajvada said...

Clear 5 wave move up completed in onw minute chart !

Sujeet said...

Dear Sanjay, Please confirm the JNSAR trade, was away for a min from screen

Gagandeep said...

@Dineshji

Sirji, please jara thwadi SAR calculation sheet pejoji @gdschandiok@gamil.com
Thanks ji

bizagra said...

@prabhakar, i m not a techie, just a nursery learner. saw it in 5min chart.

Ilango said...

JNSAR filter was taken as "5506" just 2 point above 5DEma.

The normal filter would have been 5497.

It is still "Short" and will reverse to Long if it crosses 5506 now.

srm said...

I think I have read it before.
are saravana & sai bhakth two names for one person? at least the target of 250 is one and the same?

jigs said...

jigs said... @kumarsir will you tell age restriction for kali phos. I mean minimum age and how many times in a day. And full name of kali phos. Which company manufactured.

prashant shah said...

nifty agin traded discount

FIRE said...

@Bizagraaaaaaa

You must not ever ever ever utter my name with Master in the same breath! He is the MASTER!

on my own, it seems a simple flat with a 3 wave A, 3 wave B and a 5 Wave C completed just now. But the Master will have the final say.

lazydude said...

most of the traders are confident that there will be reversal today too as has been the case for 3-4 days... letc c..

FIRE said...

It can be confirmed by a move below 5471 in less than 55 minutes (time taken for the upmove from 5471 to 5504).

Dinesh Rishi said...

Gagandeep

Plz delete that post its against norms of blog


I dont maintain any sheet now, Trade Tiger charts
solve the purpose

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