Friday, February 24, 2012

Nifty Intraday Update-II



79 comments:

Sujatha said...

LV Sir - that's almost 1.272 FIBO level retracement of yesterday's high. + nearby lot of impt. factors. hence holding??? break will touch the border of 5410/06/400.

Shriram -thanks :) BIG ZERO IN EW but "noted ur nos" simply :) without taking any pain :D

PT - OMG .save me from PT.. .kill u man.. wat is this 5070???so greedy??babre.. i am sitting in "Jammu Tavi" :P let me visit once "Kashmir" yaar..50/60 protection will do anything on upside damn if u heard "any thud sound" that';s my SL hit :( :(

PS : Without "delete box" still feel uncomfortable :P

POWERTRADE said...

@Sujatha ...

Not soonnn But in a Stageering Way Aisa Lagta hain :)

Prabakar said...

NIFTY OPTIDX Open Interest at 12 -> CLICK HERE

shriram said...

no probs sujata, u tell me some , i will tell u some, but lets earn money Lots :-)

Lets c if we u-turn @ 5447-5455-5463 odd levels... (c=0.618, 1, 1.382xA zones)

No lables r permanent , until after the wave has passed :-D

eevra said...

Just like 20 point Filter for JNSAR & J10SAR, is there any filer for Pivot based entries ?. Thx

Victorious said...

constantly resisting at 21 min EMA

Dinesh Rishi said...

Sis

whez Da party?

http://images.icanhascheezburger.com/completestore/2008/11/24/128720085442947367.jpg

Anil said...

An attempt by EW learner...although i seldom use ew...by momnetum analysis getting below levels..

http://imageshack.us/photo/my-images/408/nifty5minew.png/

shriram said...

Are we doing some kind of CT a-b-c-d-e here ??

break-out or Break-down likely soon !

Bhavan said...

The 148M trade early is by far the biggest trade I have observed That is a single trade
after i have started obsving NSE site and NF march a high vol. trade a@5485 app. 3M

NSB said...

@ALL,

I am look for charting feature - either excel based or - free software pakg.

Jn family - pl help me with your view points.

Thanks in advance.

Parimal said...

NF at unusually high premium more than 50 pts, heavy
short covering

Dinesh Rishi said...

NSB

there is no free lunch in stock market

If you wanna become successful trader
your tools should be best

But, Try TT of sharekhan its free

Parimal said...

Dear NSB
can download RT chart GCI MT4, and ChartNexus EOD cahart
both are free

Dinesh Rishi said...

PT ru ready?

Request, Sis to take break journey

POWERTRADE said...

@Parimal,

My opinion is different ... such High Premium usually confuse both the bulls and bears ...

Game is Whether Spot will catch the future or
Future will catch the spot ...

Why this Premium D D :)

Personal Bias ... Such Premiums dont sustain eaily ... Time to be short to get the premium decay this time in futures tooo

POWERTRADE said...

DR Sir,

Fully Loaded and Ready toooooo :)

Lakshmi said...

Dear Bhavan

Very true.Same thing even I wanted to post

Victorious said...

lunch Taken

now its afternoon

Sujatha said...

DR-ji :) give me tkt to "north" PT is not allowing sofar :P :(
Wishful thinking EOD close above 5537???long time trading below 5450 is my worry :(

Shriram - :) :)yeah..keep on changing the waves is not possible for me EW not suitable for my"personality" :)sometimes do only for timepass that too for "long term picture" not any short or medium term :P

PT - 20 SMA is reasonable but your target is very big as budget is coming mkt may show some more upside??? let us see. "My cooker given whistle" for nifty up or down???:D

Parimal said...

Dear NSB
as stated by DR, you can nice facility of Sharekhan free
RT/EOD chart by just registering and trading with them

@PT, you are right to a great extent, excess premium is
often a confusing factor

Dinesh Rishi said...

"My cooker given whistle" for nifty up or down???

Lolzzzzzzzz

dont know whatz cooking

Bull pullow of Bear Biryani

Buzz said...

While Sujatha's grider is turned on... lets enjoy some music http://www.youtube.com/watch?v=7NBU70_Fg6w

NSB said...

@Parimal

Thanks a lot and will be in touch with the Jn family..

@Dinesh Rishi:

its ok with me, pl recommend the good one in your opinion.

POWERTRADE said...

@Sujatha

Give me 5377 .. today wishful thinking then i will join the short tern north ward Journey

Regards Budget .... May be The Idiots are Planning to close the gate way of Long term Capital Gain Tax ... May be They will bring back
Short Term Capital Gain Now. :)

If happens then i am a happy man :)

sandeep bhoite said...

@ Prabakar
Sir I send mail to you Kindly Reply

Thanking you

Dinesh Rishi said...

NSB

go for TT of Sharekhan Best Charting software

Geet said...

@Anilji

Could you please share how the dark pink & dotted pink resistance lines have been plotted. I am trying to do so..:-(
Thank you

Sujatha said...

DR-ji - :) :) :D

Buzz - my "original grinder" is waiting for me once started trading abv 5450 shhhhhh will be relax
will go inside pls. allow me to 2 go inside my home dept. so that u all will be free frm my harrasment

Dinesh Rishi said...

A working online Lunch for JN Family
on occasion of My Sister winning
Expiry Guess contest.

http://farm1.static.flickr.com/143/333574999_256e98e2ed.jpg

After Lunch you can throw Banana leaf and keep the
utensils.

jay shah said...

dear sister sujhata some time back u had posted that u post ur intra levels and thoughts on soem other site. I find ur levels very interestin can u plz tell m ewhich site u are regularly posting. thanks again

DZIRE said...

5400 CE OI is 17.5 Lacs
5400 PE OI is almost 40 Lacs
5500 PE (ITM) OI is 32 Lacs

Atleast on the face of it it does look that we are not going below 5400 anytime soon as per above analysis.

Need to see huge unwinding in PE OI for any significant downfall.

Anil said...

@Geet
its a daily pivot,plotted on metastock...search on net
the formula is freely available..

shriram said...

break below 5421 will usher in further downside... & 3rd of 3rd wave will take over.. fast & furious below 54K... will it , lets c ??

Ilango said...

The current fall from 5454.6 is the "(v)th of V" and since (iii) is smaller than (i) @ 50.8 points, this fall will be less than 50. One could buy below 5428 at new lows(5417-S2 of day; 5408:S1 of week) with 5403 as SL.

Dinesh Rishi said...

Sujatha said...
Sir

thanks for your wises. u bought???:) me and PT fighting dishyum dishyum for bulls are bears :D

One upmove pending according to me..then i will decide whether to hold further or book profit again "as becoz of week end" let me see.

regds

24 FEBRUARY, 2012 12:10

@jay shah

u can find her dhisum dhisum posts at Kumar Sirs Blog

Sandy said...

Ilango Lower Low done

Prabhat said...

@Master: I guess spam baba has showed love towards me today. 2 of my comments eaten.

Geet said...

@Anilji,
Have been searching for long not able to find..would appreciate your help
Thanks

POWERTRADE said...

Reliance Looking Ripe for 760 :)

Prabakar said...

NIFTY OPTIDX Open Interest at 1 -> CLICK HERE

Ilango said...

Dared below "5428".

Ilango said...

Reversal conf. above 5442.

shriram said...

YEs Illango ji, but wot if we r in an Expanded Flat as:-

3.3.2.A 5428 5450 22
3.3.2.B 5450 5425 -25 -113.6%
3.3.2.C 5425 5460.596 35.596 161.8%

Possible hein na sir ?

Prithvi said...

dinesh rishi sir,

can u please guide me can i going short below 5444
or wait for next week and comes up than after short
please suggest me bcz ilango sir too busy , n i found u also
guide to me. please

Victorious said...

fall possible just take care

Sujatha said...

Jayshah - no other sites at all i told about"our google group"

Sir - thanks atlast u r for my rescue

DR- ji - :) :) hehe

Bear bear run away
Come again another day (pleaseeeeeeeeee)

this hour 5456 close abv is +veeeeee huh now 5454 woooooooo

Prabakar said...

@sandeep bhoite,

Just saw your email. To be honest i am not good at OI or any TA, and that's the reason i do not provide any inference of OI data.

The NS Trend seen on the table is based on the below parameters.

Price Open Interest Interpretation
Rising Rising Bullish
Rising Falling Market is Weakening
Falling Rising Bearish
Falling Falling Market is Strengthening

BoD - Beginning of Day

Just Nifty is ocean, you will sure finding a writeup on Open Interest by Ilango Sir.(i remember i saw one, but not able to get it now)

Buzz said...

@Sujatha,
Please do not trigger today's JNSAR. Please... one small bear requesting to big bull.

Anil said...

@Geet

will resolve ur prblm after mkt hours...

Bhavan said...

I do not know the significance of this but though NS is trading sub hawala levels the NF is trding above hawala levels and the high vol. trade is @hawala in NF and NS as well
Disclaimer : not having any positions as SL hit both sides so waiting for 5560 or 5380

POWERTRADE said...

@Buzz

Dun Worryyy .. Reliance will not be able to

Ilango said...

@ Shriram,

It is possible if it reverses now...then those sub-5400 would be the logical bottom.

Hitendra said...

Bank commands bulls

Dinesh Rishi said...

Prithvi

when I trade BN I dont check Nifty chart

Master has given such nice levels today

Plz read green boxes, I dont think you should
have any doubt.

Ilango said...

Next important point of reversal conf. would be 5463-DLEma.

Ilango said...

Prithvi said...
Sir,
I Have EOD software,
Can u please guide me, which type of tools
sma / ema/rsi/macd i draw ??
Please suggest me sir.
February 24, 2012 10:42 AM

= = = = = = = = = == = =

Read the below write ups. You should be able to decide by yourself.
Also download the "JustNifty TA(24th Feb)" file from the top right corner of this blog to get better idea of simple TA tools used.


Applied Technical Analysis

For Beginners

Moving Averages

Supports and Resistances
Pivot points for trading

Reading Oscillators

Nakshatra said...

An elderly man is stopped by the police around 1 a.m. and is asked where he is going at this time of night. The man replies, "I am going to a lecture about alcohol abuse and the effects it has on the human body."
The officer then asks, "Really? Who is giving that lecture at this time of night?"
The man replies, "That would be my wife."

:-)

Prithvi said...

dinesh sir,

please just tell me is member's are in buy zone in
nifty n banknifty ?
bcz i dont now how to justify ur tech.table

suresh said...

sir ji,
please give guidance on STOP LOSS & TRAILING SL

STOCK4SURE said...

emas may converge after some time and then volatility
may start as weekend...bears have got the great
opportunity to make weekly charts fragile

Hitendra said...

DOW FUTURE 13000.....

jay shah said...

Sister Sujatha can y plz tell meabout your google group and if it is possible for me to join?

Dinesh Rishi said...

Prithvi

Markets are forever

First try to trade only on JNSAR levels

after that you can take help of Tech Table
which helps for Indraday moves.

When price is below JNSAR we should be short
and when Price is above JNSAR we should be long

regarding Tech Table

You can read article No. 8
given at Rt top corner of the blog

Always Start Trading with these
1. Trending or Sideways.?
2. Pivot, support & Resistance
3. ORB
4. Divergences + / -
5. Trade time cycle-Min/Hr/Day
6. SAR signals.
7. Trading Discipline
8. Tech. Table Reading.

buggie advani said...

Sujthaji I would like to join if you have a google
group
thanks n advance
cheers

Nakshatra said...

OI experts pls update on OI data.

Thanks

STOCK4SURE said...

midcap index showing signs of falling again after retracement
will it take nifty down too??

Manish said...

master seems to be in Gr8 mood today.

Replying to all n the green is a lovely color.

Prithvi said...

thanks D/R sir,

will be taking help from u in future if
i have any doubt.

Ilango said...

Weakness only below 5435-40, your trailing SL.

San said...

Nifty intraday update: CLICK HERE

Dinesh Rishi said...

Master in Good Mood

and a song dedicated to My Master

Kisi Ki Muskurahaton Pe Ho Nisar

http://www.youtube.com/watch?v=69pPYkGiEAQ

Manish said...

Kya Baat Hai Rishi JI

satheesh said...

H&S breakdown in 5min BNF

venkatapathy l said...

@ DR

Did you notice today Master is picking people like me - untrained beginners - the grasshoppers - and leaving in the safe land.

The video is apt. Thanks a lot. Regards,

LV

Prithvi said...

Dr sir,

master indicate 5435/5440 sl means it is cash nifty
based or future nifty based

satheesh said...

BNF retraced the Neckline upto 10693 and fell from there straight to 10525

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