Thursday, June 7, 2012

Nifty Intraday Post-III


101 comments:

Ilango said...

"Weakness" seem to be creeping @ 5055.

Sujatha said...

OMG Sir - "After 5040, it is 5055-62 zone and then 5090."????? no pls. pls.
Very nice "idli atta" is ready – but not able to think “whether it’s going to be kanchipuram idli, vegetable idli or ordinary idli” . BN is so crazy to touch…….. level..but bit tired means can get some “good Big samosa, kachori” :) tks n advance

anmpatel said...

@master
according to hourly HA charts first candle open low same @5025.05. near your weakness point 5035.

Sujatha said...

Sir - forgot to add - good "bullish gartley figures" for "emergency landing"

J.R.Julius said...

Camarilla Intraday - Trade2
Nifty Futures
H4 5036[BUY]
H3 5008[SELL]
with 20pts Stoploss.

Ilango said...

@ Sujatha,

This upmove seem to be altering in one week both day & week technicals.

Though month trend is down, the weekly reversal if confirmed by tomorrow with a close above 4945 would make Nifty stronger for more upsides.

50sma @ 5090 is one such area...1st target.

STOCK4SURE said...

rahul dravid the wall standing at 5055

Ilango said...

"5055" could be the "iii" and "iv"th wave correction may be on.

STOCK4SURE said...

red spot appearing for first time
pre open trade have made green and red spot irrelevant nowadays

shivanGupta said...

"Weakness" seem to be creeping @ 5055.

sir what made you say so as prices are above all ema's at present

numchar said...

Seems like if price doesn't move further , it can create "thud" .
Lets see .

Prithvi said...

Master
how much point correction can be expect?

nifty rider said...

I DARE TO BE BEAR...oh meri awaaz ko kya hua.....

Kumar Technicals said...

Dear Divakar!

D R Sir is protecting us like HANUMAN JI & KAAL BHAIRAV, no evil can harm us if he is on blog. He is protecting us continously by evil forces who try to fishing here or having any other bad intentions. I always dedicate this song to D R ji, he deserves big applause:

http://www.youtube.com/watch?v=NAkAdk0xBe4

SURESH NIFTY said...

Hello Experienced Sir's/Traders, I have one quetion,,,is any body using ATR(Average True Range) technical indicator?,,,is it usefull??

Dinesh Rishi said...

Sis

you concentrate on this

http://2.imimg.com/data2/SF/XN/IMFCP-447275/052-250x250.jpg

Let bull have something green in their account

Ilango said...

@ shivanGupta,

From the 5008 lows, a 5-wave completion.

Divakar said...

@ Kumar Sir,

Very true.. I also like the way Sujatha Ma'am expresses her knowledge & insight.

santej said...

giving respect to 200 dma ?

Ilango said...

@ Prithvi,

It could be upto 5010 to DHEma(4982 for the day; check the new no. for Friday)

Ilango said...

@ Prithvi,

If the correction is of a "running kind"(instead of making minor lower high & lower low, it could continue to make higher high & higher low), then such levels may not come.

shriram said...

back-->

kumar ji : aapka hawala level dubara yaad aagaya 5057-5086.85 ;-)

mynac said...

Sujatha said...

OMG Sir - "After 5040, it is 5055-62 zone and then 5090."????? no pls. pls.

Dear Sujatha,
When it is comfortably trading above even Hrly.Hema & pivot as well as your 5min 34 Ema,sitting "chup-chap" and watching upper targets will be only work left for even baby intra bears..:)the momentum is very strong...

Ilango said...

@ Dinesh Rishi,

Your blog's feed isn't coming. Why?.

I changed my settings to

Allow blog feed-
Custom-
Blog Posts Feed-Full
Blog Comment Feed-None
Per-Post Comment Feeds-None.

This way, Author comment's highlight remains and blog feeds run.

Kumar Technicals said...

Dear Divakar!

You are really very intelligent person bcoz you understood very fast that what Sujatha is telling? I am here since 3-4 yrs & on VFM since many yrs but never came to know that what time she is long or short? I only know one thing that she is fastest trader & an exclusive technical institute in herself.

Prabhat said...

@Sujatha ma'm: No stopping nifty until 5200 after which I think some sideways drag till jun 18th. Then seedha 5350.

As for now, 5940 may be visited, but I feel 4900 protected for this expiry as per the OI figures. But this keeps changing with time.

Master has also stated that it is now in buy on dips rather than sell on rises.

One last hope for bears is to keep on checking if any new longs are added into the system by FII in addition to the huge short covering we are seeing. But this stance may change to delivery based longs anytime.

mynac said...

Dear Prabhat,
Before your 5200,would like to see how Nifty shall behave @5067 which is our Dear PT's S/L..

shriram said...

kumar sir: sailing in same boat. sujata's words r googlies .... dursa, teesra,

off-break, leg-break, clean bowled all in one delivery :-D

Ilango said...

NO break of 5035 but a likely break of 5055.

anmpatel said...

@mynac
everytime NF reach 5030....around 15-20k reduction in OI...somebody is booking profit?
did u confirm?

anmpatel said...

well said master......and then like yesterday nice short covering will happen and reduced discount!

Divakar said...

@Kumar Sir,

I am younger in age, experience & expertise that you all seniors have.

My guess is that : Idlis= Bearish momentum. Dosa= Upward trend. Pizza is grinding, samosa should be a spike in trends direction. I think I score 50% right :-D

Kranti said...

Dr Sir , How do i know about EE? Any links explaining it?

Sujatha said...

Sir - thank you very much for your guidance may "devil" bless tomorow your level

DR - change the plate to soft idlis .. BN done it's part.. bit crzay too achieve ...... may change the whole "scene" it has to stop here becoz the no. it touches means these 2 junior brothers will follow :( i didn't calculate after 756 :( rotating my eyes like "owl" on BN i am worrying about my "PT brother" and his ..... level

kumar sir - ROF - no limit for kidding always

mynac - agree .. quantum jump to .....if it protects 5010-25 actually this area(50) may create -ve div. + grinder overflowing what to do??? chup chaap..watching nd waiting...never had guts to "short @ OS level" and "carrying my position" @ "OB" level On 4th 4800 call is 117 now...

Dinesh Rishi said...

Master

Setting changed as guided

I have very poor traffic
hardly 100 visitors and 200 page loads per day

All know Im here during trading hrs.

Prithvi said...

Master,
Monthly trend is down, So If i want to play positional trade than can i short nifty at 5090 for positional trade?

Kranti said...

Dr Sir, Chetas clarified about EE.. I did the same. Thanks

mynac said...

Dear anmpatel,Only Bulls profit booking would help bears here to bring Nifty down otherwise it is trading so well above Hr.Hema /pivot,that sellers looks totally helpless..

Dinesh Rishi said...

Kranti

send me test mail

u can get my mail ID from my profile

All who want to know about EE can send me test mail

Sujatha said...

Shriram - if u all close abov 5050-25 u know what i will do??? be careful better close below.....5010-25 level







will close the system and will get ready for making "bajji"

Divakar said...

@Sujatha Ma'am,

Nifty queesn heard you, now 5025 will surely be visited :-)

Rocks said...

Good afternoon sir and blogmates..

Sir
can we consider 5th is over now with 4th as flat in 2min with 2nd and 4th alternative nature. So now abc will start?

numchar said...

@DR Sir ,

your blog have many secret followers ,
only condition you have put is to be first successful in nifty , so every one trying their hands in nifty first .:)

mynac said...

And Hr.Kst inidiacor,would guide us...i.e. if you shall fill up next Hr.data..considering this Hr.data then instead of going North,it is tilting towards North-east direction..i.e.slightly tilting down,which is "just ray of hope" for baby bears.

Ilango said...

@ Dinesh Rishi ,

Your blog has matured to a very high level and is a must for both "Beginners & professionals".

It is part of "My blog List" now.

It still shows "blog feeds not received". Nevertheless, the link would take readers there.

http://www.bankniftytrading.com/

Ilango said...

@ Rocks,

Yes. It seems so.

It just shook us a bit with an irregular "b" moving above 5055 briefly.

Nilesh Patil said...

म्य्नाकजी आणि श्रीरामजी,
सुजाता बहिणीने भजीची आठवण काढून तोंडाला पाणी आणले. मस्त पाउस पडत आहे कोल्हापूरला. तर मग येताय का भजी खायला.

@Sis,
You also come

shriram said...

hahaha.. LOL .. sujata - jus add one "h" to make it BHAJJI.. our sardar off-spinner ;-)

Now its clear y ur able to have dusra, teesra etc ;-)

Btw: safety nets @ : 4978-5008-5035 , as long as they hold, all eej well for LONGS!

Kumar Technicals said...

Dear Divakar!

Thanx for uncoding her codes, we were waiting since long that once we will get IDLI DOSA party from here sure. FIRE already tired of waiting so disappeared, now we all will be compelled to be in silent mode....no chance of IDLI SAMBHAR party from her:)

Dear Sujatha! Thanx for all those mouth watering names but now all in vain:)

parminder said...

Master ilango,
u had mentioned 2pm candle to be low and open same bt i could not see it on google.??
sorry where it is

mynac said...

निलेश,
नक्कीच कारण म्हशीला तिची शिंग नक्कीच जड होणार नाहीत...आधीच दिवसभरात बेबी बेअर च भज झालंय,त्यात अजून ह्या भज्याची हि भर... चालतंय अन काय कधी तरी :)

Ilango said...

@ parminder,

2.00PM hour candle's start is 13.05 5-min candle. Check it.

Dinesh Rishi said...

Master

Pranaam

http://www.youtube.com/watch?v=X0_um33qsD4

sri said...

25 % Plus addition in 4900 and 500 PE alongwith 12% addition in 5100 CE coupled with the firmness of its price, says market has little more to go further !

sirs 5090 could be taken out !

shriram said...

Nilesh,

pudhya mahinyaat yeat ahe mee. Amche changle mitra ani broker kolhapuraat-ch ahet.

Bhetu nakki, pavus neet chalu tar hovun det ! :-)

Rocks said...

Ok..got it.. Thank you..
23 percent retracement is done of current rise at 5044

J.R.Julius said...

friends, see u tomorrow.
bye.

Anil said...

@Nilesh

lovely place heard about...Kolhapur Mahalaxmi... actually i heard a lot since childhood want to visit..lets see...

anmpatel said...

3pm candle HA chart open-low same. 5039.78
oh god two bullish candle in raw in hourly chart.....please make some upmove. thanks.

Ilango said...

3.00PM update done.

Nilesh Patil said...

@Shriramji,
Nakki ya, Mi wat pahatoy.

sri said...

sir,

can i request you to help me with the parameters for KST ?

regards

Sujatha said...

Shriram - I can't add that becoz "geetha basra" may get angry :( agree with ur Nos.

Kumar sir - No secondary thought... technically mkts are good...non-technically i am "weak hearted" so only "watching" :D :)

Kumar Technicals said...

Dear Shriram!

5050-5100 area visited so one should be cautious bull now, i am already now on ulta side & will add more gradually in rally. Steam is left but not too much in this round, after a minor fall of 50-60 points it may be set to go sir's 5090 tomorrow:)

Nilesh Patil said...

@Anilji,
You are most welcome. You must visit Mahalakshmi temple once in a life.

POWERTRADE said...

Hanging Man Today .. Probably

Kranti said...

Dr Sir , Test Mail sent

parminder said...

Thanks master ,
for confirmation was confused with 2pm candlestick
Regards
☺☺

DKG said...

PT,

बिल्ली को चूहे के सुपने...

SANPOT said...

Bulls looking tired after 2 days of marathon. May be they will get refreshed after some rest.

shriram said...

kumar ji:

continuing wid ysdays Xpanded FLAT C, am counting thus -

c.1 4770 4899 129
c.2 4899 4848 -51 -39.5%
c.3 4848 5055 207 160.5% (almost done 1.618)

So ur right , one small dip to 34EMA is expected now ...

5080-5087 is a TL res zone.. Nifty needs to take that out as well for more upside to 5118

Sujatha said...

kumar sir -wrong statement...fire "busy counting USD-INR" not revealing the secret :) not becoz of me :( mostly nobody bother about my level especially you, fire, dr-ji , mynac etc;, etc" so i am not :)

Ilango said...

@ sri ,

For KST settings, you could download "JustNifty TA" file from the link at the top right corner of this blog.

OR

Google it.

Ilango said...

This looks like a "running correction" - Refer the chart.

Kumar Technicals said...

Dear PT!

Very true, its like that. I need Hanging man, now i am in ur side so need ur shelter...bring 4950 fast:)

Sujatha said...

shriram - 5085/5125/200 .....no limit for nos. :)

mynac said...

Dear Shriram
"So ur right , one small dip to 34EMA is expected now ..."
Not now pl.postpone your this program, keep it tomorrow.pl.

Sujatha said...

shriram - forgot add may month high 5280 too :D there is a difference between doing operation on"deadbody" and a "alive man" i am doing on "deadbody" you are on "practical"

Jiignesh said...

@sir
Thanks for adding DRSIR's blog in ur bloglist.
I requested many month's ago still some deserving blog need to be added

Dinesh Rishi said...

@DKG

http://www.youtube.com/watch?v=alPmPSls-9s&feature=fvst

numchar said...

@Mynac

Jnsar long , 5035 protected ..only worry is hr.KST has turned south now about to hit the line ,
And agar KST ek baar turn ho gaya toh woh phir kisi ki nahin sunta ....so confused.

anmpatel said...

@master
at what price we can assume the running correction over? thanks.

shriram said...

hahah... mynac saheb!

majha hataat aste , ... tar Nifty la direct 5600 var pochavile aste , life time earning jhaale aste ;-)

Prolly C.4 DOWN to 4980 will commence tomo after C.3 completes Gap -up @ 5080 zone , early morning .. ata theek ahe ka ? :-P

Ilango said...

@ numchar,

Let the prices confirm below HEma. By then HEma would rise to the current level. Get it.

Sourav Kundu said...

@Kumar Sir,
As long as JNSAR trigger nahin karwate... I do not have a problem :) jitna neeche le jana hai le jaiye... bus ek binanti.. JNSAR ko bacha lijiye :)

DKG said...

LOL Dr Sir !!

Ilango said...

@ anmpatel,

If I know that, it would mean that I know the internals of that correction....it is difficult.

As long as HLEma is intact, I would treat it as upmove continuing in the very shorter version.

mynac said...

Dear numchar,
Even Dear kumar has given hint here..but still will have to wait here due to upward momentum..

Ilango said...

@ shriram,

Treat these waves as "Sub-waves i,ii,iii,iv,v" of C.1 presently.

DKG said...

5124-5142 calling.

numchar said...

Thanks sir ,
It sounds perfect .

shabsaif said...

Nifty today closing is very good--Far away from resistance 5000 (+50 pts) hope rally cont......

shriram said...

Illango ji :

Ur counting BIG C up ?

we are in for serious upsides in that case :-)

Presently,
am seeing this expanded ABC 4805-5020-4770-5054** , as retracemnt to 5342-4805 (truncated with 3rd @ 4789).

Any change recommended to lables sir?

venkatapathy l said...

@ Kumar

The body of the candle looks as big as the tail. It looks more like a spinning top. How I wish it were a hanging man.


Regards,

LV

Ilango said...

Last Hour candle too had Open & Low same @ 5042.35...!!

Ilango said...

@ shriram ,

Keep to your original label considering the monthly trend.

It is in C.2(of my pref.), we would know the real picture.

I, too, have that concern but would come to it, if it demands so.

Markets do not fall on "obvious bad news" unless prices are already in a downtrending mode.

sri said...

Thank you sir. sorry for the late acknowledgement. Will go thru the same and come back to you.

yes, i did google it but i was looking exact setting of yours.

ITradeForProfit Daily said...

@suresh nifty

I use the ATR to estimate upto what extremes the nifty can go. I do not know any other use of this indicator, except this.

SANPOT said...

Ilango sir, is it an expanding Triangle in the iv th of the 5th wave?

SANPOT said...

As seen on the 2 min chart.

shriram said...

Right sir, lets wait for the opportune moment to show up , tks
:-)

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