Thursday, May 10, 2012

Nifty Intraday Update-III


91 comments:

J.R.Julius said...

Camarilla Intraday Update/Follow Up:
Primary Target L3@4958 Reached.
Part Booking is advisable here.

Ilango said...

It could pause around 4950 for an hour as it seems to be completing a 5 from 5039 to 4954.

J.R.Julius said...

Camarilla Intraday Update/Follow Up:
Now@Scenario 3
L3@4958 (BUY can be initiate ONLY if New Higher Low formed)
L4@4942 (SELL)

*Normally L3 & H3 reacts as Intraday Trend Reversal.

POWERTRADE said...

@GKM233

Now 5013 is a huge barrier

gkm223 said...

4956 gap filled, gaps remaing are 4544,4637,
4743 and 4874.

parminder said...

PT, this is not done the ball was in ur court and u did
not catch it.
now again someone will have to throw again

shriram said...

For all 34EMA, 30min traders...

wot a perfect sell trigger @ 13:00-13:30 hrs :-)

5-10HrEMA also with a -ve X-over

Developing 5DEMA firmly wid -ve dy/dx...

lets c if 4940 holds,else its a fall to 4864 on cards !!

gkm223 said...

powertrade ji,i find maximum similarities
in 2008 and 2011-12 fall, therefore i play
according to that with gap theory.so 5194 gap
to be filled.

Ilango said...

38% & 50% of 5039 to 4954 fall are: "4986 & 4997".

STOCK4SURE said...

bullish WW developing in 5day charts
pt 5 may form in 4950-4930 range and then may move
up towards 5060 in next 2 days

nanjil said...

Only strategy after the break and couple of days close below of 5078.

Be a hutch dog!

You and I, in this beautiful world!

Never lost yourself in the scalping. It’s like fighting for the peanuts with the waiter in the bar when entire feast and unlimited beer is offered!

J.R.Julius said...

Those who missed download of
Camarilla Ebook Click here to
Download.

Hope I don't violate Blogs rule,
by sharing the link.

gkm223 said...

everybody knows 4950 61.8% retracement and mkt
will bottom out from here, now with this assumption
big players can easily trap bulls.

Anil said...

Bank nifty still not breached yesterdays low...

POWERTRADE said...

@PArminder

Once the dip Buyers vanish .. Market will fall by its own weight
and deteriorating indian fundamentals

Kavi said...

Amazing......sir

POWERTRADE said...

@Sujatha

I leave to you please break BN :)

bharadwaj said...

5000 ce low 83.50
5000 pe low 83.30

chetas said...

a 4954-4983, b 4983-4968, c= a 4997, matching 50%?

Dinesh Rishi said...

Anil

जहा तेरी यह नजर है मेरी जा मुझे खबर है

steam is less :D

cooldent said...

Julius

wt i do if it reversed from L3 is that i cut my short if not go long

HARISH TAHKKAR said...

POWERTRADE Sir,
Thanks for your reply.I am also blind follower of this
blog.I read and learn by wearing green lables spects
only.I am sorry if you have inclination for my strait
asking.

Anil said...

@DR

:)

Nifty trying hard to overcame above todays open - 4984.15

POWERTRADE said...

@Harish Jee

No Way sorry ... I will share definitely .. Dont be sorry plzz :)

Prabhat said...

@Master: Can we assume mild strength only above 5984 because that is where nifty reversed from rise from 4953. Also, 4950 is still not breached. It resisted yest's fall 2 times & today's one. But the bearish look to it is that today's low is lower than yest's.

DKG said...

@ PT

http://www.youtube.com/watch?v=pUitI9Vu54Q

sandeep bhoite said...

Nify in clearly in discount after long time

Prabhat said...

@DR Sir/Sujatha Ma's: why is BN in such a huge discount of 50+ pts? Usually the discount conveys the weakness in the underlying.

I am scared to see your downward tgt.

STOCK4SURE said...

wish for small upmove towards
bank nifty 9480
nifty 4994

Sujatha said...

DR-ji - yeah steam is less.. hence "index" didn't whistle but my cooker did :)

PT - According to my "useless observation" it has to touch but very much dancing like "prabhudeva" in 360 :P :( master has to give clearance for this

prakashbkc said...

Sujatha mam,
Will BN btreak downside i.e. yesterday Low?

Indus said...

@Nanji

Well said:)

prakashbkc said...

Mam,

BN lower target ?
thanx in advance

nanjil said...

In downtrend, if prices go above previous day high but could not sustain and slips below day pivot – SELL and hold till it clears the 2day high. Message from the market is BULLS failed.

In uptrend, if prices breaks down previous day low but bounces back above day pivot – BUY and hold till it clears the 2day low. Message from the market is BEARS failed.

If you are a mechanical trader, above scenario adds strength to the position in hand.

Sujatha said...

Prakash - ji - i hv given 9025 but no confirmation from BN master DR, or sir and kumar sir
so I am requesting you "dont follow me" i am a swift game changer

POWERTRADE said...

@Sujatha

Tomorrow is friday .. so why to worry :)

STOCK4SURE said...

green spot may appear now

Prabhat said...

If it was not for DR sir, I would have gone long on BN today at 10500 with 10450 as SL. Thank you sir.

@Master: As per your pre-mkt advise, even though nifty broke down from its high of the day, it has still not broken 4950. So does it mean that we are yet to see the bounce (upto 5060-5125 levels as you mentioned) or did we already see the bounce which did not even last above 5035 & we are now in the downtrend.

prakashbkc said...

Master,
there is still sell on rise or wait?

Sujatha said...

PT - :) :) let it be "FRY DAY" that too deep fry like our "vada"

Can anybody send me Last One year Bank Nifty future level to my mail id or our "group" Last time one of our friend has sent me "from october" very poor memory..i forgot his name..please brother don't mind send me "last one year data" i will revise onceagain any "No is available" before 9025. thanks a ton in advance.

Nilesh said...

@Master,
On hourly chart is it a ending diagonal?

STOCK4SURE said...

IT index and midcap index are at res of 55ema in 5 min charts

nifty and bank nifty near it

sir,can nifty be shorted near 5000ns

sandeep bhoite said...

@ nanjil

that also seems like good point to test & rebuy resell entry

POWERTRADE said...

@Sujatha

And i will have a Chettinad Idli tooo :)

POWERTRADE said...

4990 done so now the fall again

Ashish Agarwal said...

Ilango Ji and others,

Could another possible count be that Wave '3' completed today with sub wave - 5 from 5039 to 4953... there are lot of divergences getting formed with this new low today and I somehow feel we move up now..

Ilango said...

So far, every rise has been sold into. And we maintain sell on rises.

Manish said...

@ Nanjil

Well said Nanjil

nath said...

check rajib's P&F charts and ramki's views on wavetimes
their views gel well

POWERTRADE said...

@Ilango Sir,

Ameeen :) :)

Sujatha said...

PT - :) sir "declared" verdict..May "devil" bless europe and US mkt
closing prayer OMG - Please gaaapppppppp downnnnnnn Tomorrow

Kumar sir - thanks for today's gap up and advance thanks for "tomrow's gap down" :)

gkm223 said...

i want to see bottom is near sir and how
your method works, but i will not go long
anyway.

shivanGupta said...

nifty has made an outside day does this has any relevance
in current scenario

STOCK4SURE said...

today nifty made a lower low buy india vix didnt
made a higher high

Sujatha said...

Chhoooooooooo sweeeeeeeeeetttttt nifty break BN too

gkm223 said...

i can't understand one thing of master, bottom is
near and every rise sold into????

chetas said...

@ Sujata Sister
Tommorow is Black friday May 11 !!!
remember 2004

POWERTRADE said...

@sujatha

Master has said and today we are set to break the last support
of 1340 in S&P ..

sandeep bhoite said...

@ gkm223

It means every rise used to create Re Sell ..

parminder said...

Pt now again ask master for power
so to end at days low

POWERTRADE said...

Now the need of the hour is to just sit tight with shorts
and wait for the next 17 hours :)

DKG said...

4950 Gone !!

POWERTRADE said...

Parminder

Master is powering since 5317 :)

DKG said...

@ PT,

Why this 17 hours??

POWERTRADE said...

DKG

Matter of time as we are set to open gap down tomorrow
remember major supports and resistances are conquered
through gaps :)

suresh said...

if u don't follow the rules of the game,
the master(mkt) punishes YOU.

POWERTRADE said...

@DKG

Till Maret opens tomorrow morning

shriram said...

Statistical bazooka to SHORE up or TA armoury ;-)

Developin 5DLEMA = 5020

Delta = CMP-5020 = 65 pts...

Distribution Mean = 70 pts , 65 pts falls within 1 Std Dev

Also.. we have supports @ 4940 ...

Statistical Probability of Hr bounce is HIGH in this zone 4940-4955 !!!

dayakar said...

Sir,
When Signal Close below HLema we sell and hold. how many points we can wait safely.kindly answer Sir.
Thank you Sir.

sometimesbullsometimesbear said...

4950 supports repeatedly tested yesterday and today.
Holding.

sandeep bhoite said...

@ Master

Low Made 4951 ,, Completed 61.% of ( 4531 to 5630 )
Is this only a pause or end of correction ??

anmpatel said...

hello to all
some days back some body talking about live data in excel. i down load it but it ends download whole day it works only for first two hours daily.
can anybody sent the link which is run for whole market time.
thanks in advance.

chetas said...

@ Kumar Sir,

We will be closing for three days in a row below 200DMA, also bearish cross of 5/200, Still 4950 relevant?

Kumar Technicals said...

Dear chetas!

Ya, its still relavant. But bulls getting weaker day by day bcoz supply coming in every rally, close below 4950 may be game changer:)

Dear Sujatha!

Bank Nifty will give you SAMBHAR BADA PAO everything when it will close below 9350:)

Ashish Agarwal said...

looking at a/d ratio, looks like a gap up.

RainMaker said...

Tomorrow will be an attempt to conquer 5046 NF.

My views

Dinesh Rishi said...

Ashish Agarwal

what A/D

I think D > A

J.R.Julius said...


Camarilla Performance


Trade1: From H4 BUY@5008 Gave 30 Points (Aggressive)
Trade2: From H3 SELL@4991 gave 33 Points(asked to book@L3)
Trade3: From L3 BUY@4958 12 Points Profit(Aggressive)

Trade 1 & Trade 3 aggressive (Before confirmation of Trend)

So lets ignore that profit in performance report.

Today Profit = 33 Points

From 02/05/2012 to Previous day Profit = 223 Points

Total Profit = 223+33= 256 Points.

J.R.Julius said...

Friends, See you tomorrow.
Bye.

Dinesh Rishi said...

J.R.Julius

Camarilla Expert

Plz maintain a trade record sheet on your blog

sometimesbullsometimesbear said...

Kal ka kal dekhenge ab dophar ki zzzzzzzz :)

shriram said...

D/A chaado ji, there is only one DR here ;-)

EE done, Bye all !

J.R.Julius said...

@Mr.Dinesh Rishi,
Thanks for your kind Message.
I will do it sir.

anmpatel said...

waiting post market comments,
masters net must be down, he told in morning.

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