Wednesday, October 19, 2011

Nifty Intraday Update-II

KST indicator is below the trigger. Next Hour might confirm a reversal.
5130-80% retrace puts back the upward momentum.

28 comments:

Ilango said...

Prices have struggled near the earlier cluster of 5110-30. Mild correction, if there is upto day's low or 5055 is normal.

nifty rider said...

keep close eye on price movement of 5100 call and put.i think clue for future movement lies there.

Dinesh Rishi said...

"keep close eye"

I cant see now after closing eye :(

SAM said...

I have a question.... the europe futures on forexpros
are showing -ve whereas those shown on cnbc awaz are +ve
which is right?

Parminder said...

sam for proper quotes go to bloomberg.com

A J said...

@DR
English is a phunny language dinesh bhai

http://www.youtube.com/watch?v=bgu1mpUexdw

Unknown said...

@ sam

Look at this one

http://www.igmarkets.co.uk/

SAM said...

Thanks Parminder.

Dinesh Rishi said...

Wednesday, October 19, 2011

^FTSE
^GDAXIEuropean Stocks Seen Higher, Eyes on Europe Rescue Deal at CNBC Wed 2:16AM EDT

try this

http://finance.yahoo.com/intlindices?e=europe

A J said...

@SAM
Hi, European futures ( UK market) are positive on forexpros!

http://www.forexpros.com/indices/indices-futures

Always, look at the absolute number rather than gain or loss percentage, as gain or loss depends on closing prices and websites/TV may take different closing values depending on local time.

Check the absolute number which should be same (some are 15 mins delayed) and verify the trend and momentum with charts.

There is a diference as prices may be of index, futures, CFD etc....Just focus on broad trend :)

satheesh said...

Thanks Sir,

Your correction level of 5055 - matches with the Bullish crab pattern in Hour charts - which comes to 61.8% retr of 5011 -5125.

Bullish crab pattern Hour Chart Update

jc said...

lol DR is funny...keep close eye..=))

vksoni said...

bullish flag in 5 minute

parimal said...

Namaste Ilango Sir and friends
on an hourly chart Nifty price is about to move above
the Kumo. this will set more of bullish tone
regards

mynac said...

GA Everybody...

Ilango said...

KST has triggered up at 1.00PM. Now the price need to move past 5130.

Hitendra said...

sir,
incidentally close of Friday is 5132.

Sujatha said...

Is google charts not working??? anybody facing problem??
tks n advance

Satheesh - 5057 7th NRB candle if i am not wrong :P

Hiten - Nowadays "bearish formation" turning into +ve vice versa for "bullish formation" too??? cat and mouse game :) we closed -ve yesterday after the week end + week beginning indicating what?? timem pass confusion :D as usual from my side

shr said...

@Sujata, maybe big bears already packed up and left on early holiday. Bulls pacing up and down 20 steps and teasing the remaining diehards by creating juicy setups.

Hitendra said...

ONLY 10 POINTS GAME IS GOING ON SINCE 2 HRS.

PDD

mynac said...

Even facing the problem for Gmail..

mynac said...

Even facing problem for Gmail..,not able to log in properly
Bye...

Ilango said...

Updating the charts & TT are taking 10-15 minutes.

2.00PM may get delayed.

Indian Trader said...

@ mynac & Sister
both are (gmail / google finance) working fine here after clearing cookies...

clear cookies or clear complete browser history and sign in again

it may solve your problem.. :)

parimal said...

5130 is a strong resistance, albeit nifty is above the 3rd
resistance that is 5106. 2.40 PM will make a decision

mynac said...

Thanks Dear Indian Trader,but frighted almost for 1Hr,
So time to leave again......

In the mean time Huge 80% intra addition in Oct.5100 PE,
yet holding Nifty above 5100.....

It is significant because now just 4 trading days are
left for expiry ... Let us see...

Bye...

Ilango said...

New Post Done.

Hitendra said...

HANGSANG High is 18426. Closed 18309.
Europe is like us.

pdd

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