Tuesday, April 5, 2011

Nifty Intraday Update-I


52 comments:

Anonymous said...

Thank you Kumar Sir. We are holding 5900 april calls so far and Nifty future sold at 5715 april equal quantity.

Ilango said...

@ Chandra,

You have to provide more inputs on "How to read that file" with some examples.
And share your experiences of "using that file for trading", if any.

BNS said...

Part Booking also helps in giving space (by way of
proper SL) to balance trades. Never know when price agrees
with your trade :)

Immortal said...

To all,

Yesterday there was good amount of writing in 5400 put...has anybody noticed such deep out of money writing in the past...plus who cud be buying these deep OTM puts....Option experts please advise..

Chandra said...

@ Ilango sir,
Will send by evening
Chandra

Banu said...

Gud morning elango sir (premarket study no 28th march) i cant able to underastand this will u plz teach me

Dinesh Rishi said...

Banu Master dont expect anything from you for teaching

But

Please write correct spelling of his name

& if possible update your profile.

Ilango said...

@ Banu,

The author of that "Gartley pattern post" is "Harpreet". Only him or other gartley followers such as Fire, Sujatha could help you out.

You may also google "Gartley patterns" and do some self-learning and raise your doubts here to them.

arpitg345(gauresh) said...

@ DineshRishi Sir,

Silver break out seen ?
Many many thanks sir for inspiring commodity trading.

POWERTRADE said...

@All

Buy NF only for intraday with SL of 5875 for target of 5980 - 6020 ..... The last of bulls today ..... will drink the Beer at 6020 . .

Dinesh Rishi said...

Jigs is expert :D

Absent 2day?

POWERTRADE said...

@Banu

http://www.harmonicedge.com/gartley.html

POWERTRADE said...

Note

I am still short ...:(

Ilango said...

Revise SL for the shorts to 5937NF now.

jay shah said...

thanks sir for excellent sl for shorts i was thinking about the same

Ilango said...

@ Jayshah,

NF exceeded by a few points past 61.8% retracement of the morning fall @ 5934.

"little bit of patience" required here.

Channel break will be below 5875NS.(5895NF)

Dinesh Rishi said...

Premium of NF indicated

Jhelum Express from Pune to Jammu Tavi was over loaded

some luggage unloaded now :D

Ilango said...

Channel broken; Negative divergence macd turned dn again & triggered.

First target is 5867NS..& then lower levels.

Unknown said...

@DR SIR
Expert!! Inspired from Dinesh rishi sir. Learning from Ilango sir.
Never absent
Always here

Anonymous said...

Dear DR!

Luggage unloaded & Camarilla operator got her purse (Cash filled) but my briefcase is still disappearing. Check mail, just sent:)

Kumar

Dinesh Rishi said...

First target is 5867NS..& then lower levels

Master Ist tgt done Cheers !!!!!!!!

Now plz thinks something about long route passengers
holding confirm reservation

Dinesh Rishi said...

Kumar Sir Camarill operator last seen

laughing all the way to bank :D

thanks Sir

arpitg345(gauresh) said...

@DineshRishi Sir, @ Jigs,

You both are experts....Can silver be added for long at this level or should one wait for another dip? Dip upto which level?

Dinesh Rishi said...

Kumar Sir,

Can we have break in Medicine due to Navratri fast or
break not permitted?

Sujatha said...

Alert –If sensex protecting here + nifty protecting 5872 levels bulls will resurface to drive away the little bears??? Hope so and it will and it can .
100% don't listen to me :P

PTTTTTTTTTTTT - do the intra and close ur trades then and then to manage ur position.

Ilango said...

For Long route passengers, as long as JNSAR with some filter hold during this "correction owing to -ve div", they remain safe for the next destination 6037 or 6107.

These are "daily pass commuters" and some attempting to convert to monthly pass.

POWERTRADE said...

@Sujatha

Thanks a Lot At present doing the Same only Puts remain and playing With NF for small Trades 20 -30 Pts.

Rajagopal said...

"daily pass commuters" - some "without tickets"(No SL) are also there Sirs !!! "Banking" on Tue 2.30.

Hi to Suja,Kumar,DR(O),PT,Prabha...

Dinesh Rishi said...

Hi RG Sir,

Just had refreshment at platform and now again seated

at coach No. BN1 berth No.50

Anonymous said...

Dear DR!

No religion allow us any self-violence. In a matter of fact, patient shud not go for fast bcoz it will disbalance body's metabolism and sometimes patient goes critical (Not applicable in all cases). My family members also having Navrata's fast but they are taking medicines timely. Rest depend upon one's own willingness so u r best judge.

Rgrds,

Kumar

POWERTRADE said...

@Rajgopal Sir,

Good Morning yes With No tickets ... Like Me

Immortal said...

No Open Interest update today :(

Ravindra M said...

GM Iliango Sir & friend,
@ jigs @ DR sir,

I have short position in APR Silver mini @ 52000, is it wise to exit at loss or wait for a dip to exit? Pl adivse..

Thanks @ regards,

Ravindra

Ilango said...

"5780" weekly pivot should give supports this week for the continuation of the uptrend.

Keep this number handy for the current week's supports(with small filter for whipsaws.)

Dinesh Rishi said...

Ravindra M

dont trade Short side in precious metals

wait for dips and every dip is a buy :D

Ravindra M said...

Thanks DR Sir

Rajagopal said...

Please don't short Silver - even on technicals. Please use the dips to buy.Only problem is where to SELL?

Dinesh Rishi said...

Thanks

Kumar Sir

Fast for me means

Open refrigerator Fast
Gulp whatever u get Fast

chintamani said...

Dinesh Rishi Bhai,

On your blog nifty is updated ,

but where can find updated for banknifty updates?

is there any link for same ?

Thanks .

Dinesh Rishi said...

RG Sir

I catch dips exactly

They always come after I buy :D

BNS said...

Sometimes best trades are : Daily Pass converting to Long Route
or Monthly Pass :)

Dinesh Rishi said...

Chintamani Ji

Mkt was RB and trading BN in RB mkt is very dangerous

so this trade was not updated for BN

Whenever next opportunity arises will update.

Ravindra M said...

Thanks RG sir.

Rajagopal said...

Nice one Dr. I will keep my hands below you(r buy) then. btw first rule I learnt in this market is "what ever I buy will go down. What ever I sell will go up". One trend rule market is strictly following. Who says market is un-predictable?
Lol to Yoda !!!

arpitg345(gauresh) said...

@ Ravindra M,

If want to earn money in commodity, never go for short trade. Instead prefer to sit on cash and buy on every dips...go on book profit at comfortable level. Short sell in case of commodity is always dangerous. Better try to enjoy only one side bull trend. Again keep 50% cash on hand. Never employ your entire funds in one trade.

Anonymous said...

Dear Sujatha!

I know u have less time to visit here, just bcoz of 1 truck unload of Nifty so ur maximum time is going in counting. So kindly call representative of this company & they will help u http://www.maxsell.co.in/. Wishing u good luck....

Dear DR!

U properly use FAST, fast alwaz allow to go in this direction. I m allowed to eat 3 times daily in my home but in fast they give 6 times with lot of varities..mouth watering dishes like Sabudana tikki, Louki kheer...Potato fingers etc etc.

Ravindra M said...

Many thanks Arpitg.

bizagra said...

Ilango sir, where can we trail our SL for intra shorts now??
Thanks

shr said...

Kumar Sir, so that is how the Fast food's came into being and then the yanks turned it into an industry.

Ilango said...

New Post Done.

Sujatha said...

Kumar - lolz.. :D anyway pls. hold my 5872 level will join after 2.30

RG - who says market is predictable??? then i am the "Queen" of "Queens

Anil said...

Aggressive writing in 6000 CALL since morning,5900 CALL joined the bandwagon...

Not favoured for bulls, also 5900 PUT unwinding not good sign for them..

Buildup in 5800 CALL agressive will be,alarm for longs holding...

Highest OI
Call side 6000 CALL - 60.79 lacs
Put side 5400 PUT - 57.57 lacs
5700 PUT - 54.65 lacs

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