Tuesday, June 12, 2012

Nifty Intraday Update-I



75 comments:

venkatapathy l said...

@ Bala

DR is very much is here. Please ask him directly.

LV

Shradha Saburi said...

thanks, Sir for the posting JNSAR
28 points rise:))

Bala said...

LV Sir,

I actually meant the real minestrome vegetarian clear soup :) good for vergetarians and who is concerned of fat, cholestral etc...must be taken without ajinomotto...:)

Ilango said...

Nifty has bounced off 5DEma-5017 at the open but being resisted @ 5053-DHEma.

Rises above 5053 upto 5083-87 are sell zone for intraday.

Trade below 5023 would be bearish for DLEma.

Sujatha said...

Prabhat - namaskara :) solpa eliyodhu kashta nifty uddhu kondithe.. solapa 5k kalagade dhattukondu bandhubitre ayithu ...nimmadhu level bandhubitre thiruga melagade... nodana what it's doing..

mynac said...

GM Everybody...
High volume trade @ 5036.45

venkatapathy l said...

@ Bala

Thank you Sir. I will try.

LV

Ilango said...

Let it be known that "Making a clear consomme soup" is one of the toughest culinary art.

Often the cook finds himself with a "cloudy soup" which gets rejected.

To get "clarity", understand the finer details; each ingredients' contributions/ functions.

And of course, your own experience.

Kranti said...

With Ilango's JNSAR+ Soup One can never be in soup.. Pardon my pun..

anmpatel said...

Dear mynac
thanks for information. i am little long after sir's comment open, low same for 'a to b".

Kranti said...

Correction: With Ilango's JNSAR+ Soup One will never be in soup.. Pardon my pun.

salimkabani said...

Sir
Nifty will not cross 5057 and down @ 4946. Then it will go upto 5300. Pl.comment.

anmpatel said...

but i cant understand new labels.....do U?

Sujatha said...

mynac - that's worrysome it's near by only :( expecting BN 618 atleast

Ilango said...

Most of the money in stock market gets changed hands during "b" waves.

5017+ rise is a "b" wave.

And if you are making money in such a situation means "You are on the right track".

Safe way to handle it would be to "extract resistances & supports from TT" and enter only at support & resistances. This enhances risk to reward.

Presently DEma to DHEma+20 if 5033/5023 holds.

Sujatha said...

anmpatel - sir has given "lakshmanrekha" for upside resistance too read it again

"Rises above 5053 upto 5083-87 are sell zone for intraday."

gauresh59 said...

Namaste ilango sir and friends,

Today’s quote received …..

O Lord..!!!
Many Many Thanks.
You give :
- Infinite power behind me
- Endless possibilities before me
- Boundless opportunities around me
Today I can experience all these with my mental, physical and spiritual strength given by You.

anmpatel said...

@sujata mam
ok. thanks.
at least sell ke liye 5083-87 to aayega!!!

sometimesbullsometimesbear said...

Soup was delicious.
Now pls tell us what is the next course idli dosa or samosa :):) Plssssssss

Or is it Kolhapuri Misal!

Prabhat said...

@Sujatha Ma'm: Claps claps ... for kannada :)

Me praying ... for God to make nifty close below 4990 today. Thats it, bears will take it from there. But every dip is being bought...

@PT: Sirjee kaha ho aap? Mai akele DR Sir, Kumar Sir aur Shriram ki saamna nahi kar sakta.. Aur abhi Sujatha ma'm bhi bull camp mai hai ...

Nilesh Patil said...

@sometimesbullsometimesbear,
Right now it is a Kolhapuri zanzanit misal.
aani IIP cha kat.

STOCK4SURE said...

5045-60 is confluence of emas in 5 min charts
may give stiff res to nifty upmove

mynac said...

Dear anmpatel,
No it's beyond my understanding.:)I have civil engg.background so much related to Brick-bat,metal,steel,concrete etc:)

Dear Sujatha,
Since morning I am watching Dear Ilango's 5040..which he mentioned yesterday...Nevertheless if Nifty shall try to go up too forcefully from here itself then the current rally has come closer to it's end,and if correct up to his 4997 then it shall have potential to show new top is my understanding. Let us see...

chetas said...

Possible H&s, where right shoulder is still forming, the right shoulder can go till 4995, then a rally to 5058-60 levels, and if it breaks 4995 later in evening/ tommorow then a fall till 4866 gap fill , the head to shoulder is 5124-4995 = 129, so 4995-129= 4866, is this correct calculation

mynac said...

The very common sensible logic behind above said statement :
Baap (DHema) use jeene nahi dega Aur Maa(JNSAR,DLEMA) use bachane ki koshish karegi..

STOCK4SURE said...

india vix making triangle pattern
current range is 23.5-26.5

anmpatel said...

well said mynac......

anmpatel said...

anybody can update IIP no. i think it will out at 11am to day?

STOCK4SURE said...

sir,
is thr any possibility of...b...retracing 100% to 5124 levels again and then ...c....starts for sub 5000

numchar said...

@Mynac

Aur mere pass Maa hai :)

anmpatel said...

its a bad......
b to gaya !!!

mynac said...

Dear numchar,
Lekin bacche ko ye samaj me aana chahiye.. :)
if market shall correct up to or closer to above said values then it shall be declared quite healthy correction but if it shall not,then already JNSAR has started to come up fast,closer to current price..so @ that time,it shall become even tough for JNSAR (Maa) too,to show it's support...Ek hadd ke bahar,Bacche ko vo kitana bachayegi ? :)

Thanks friend.. Time for a break for me.. see you later.

Ilango said...

11.00AM updated.

STOCK4SURE said...

April IIP at 0.1% vs expcn of 1.7%

venkatapathy l said...

April IIP Growth at 0.1%. Money control

LV

naveen said...

“One answer I got from Warren Buffett on a question I asked was most unexpected but the most intriguing to me. In all my following of him, I have never read or heard him say this. I asked him how he was able to drive forward through ups and downs and stay disciplined in his philosophy, which clearly has brought him success, a philosophy that does not follow the crowd and behaves contrary to “popular” feelings. His response on his key to success was his confidence that came from his father’s unconditional love. He told me his father died many years ago and today he still feels sick when he thinks of his dad passing away.At dinner that night though, he was very clear that unconditional love will give a kid a lifetime of confidence and will unleash their potential. Unconditional love is the greatest investment, with the best return on investment that a parent can make.”-said Joseph B. Smith, president and CEO of Smith Brothers who had dinner with Warren Buffett

STOCK4SURE said...

mkts will react to IIP data tomm

tubelight thoda dheere dheere jalti hai

Ilango said...

@ naveen,

I have been blessed with "Unconditional Love" from my parents.

I strongly suggest it to all parents here...no matter what, "it" is the one that will keep your children strong during stages of crisis and gives them enormous amount of confidence to face all kinds of challenges.

anmpatel said...

@master
very true...
i am getting it from my parents and simply i am supplying it to my children...

STOCK4SURE said...

APRIL IIP DATA AT 0.1% COMPARED TO -3.5% IN MARCH....VS MKT EXP OF 1.7% APRIL MINING FALLS -3.1% VS -1.3% IN MARCH MANUFACTURING GROWTH AT 0.1% VS -4.4% IN MARCH; ELECTRICITY GROWTH AT 4.6% VS 2.7% IN MARCH IIP BASIC GOODS GROWTH AT 2.3%

comparatively better data as this time its in positive compared to-3.5% in march

naveen said...

That shows up in your work :)) Thanks !!

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Update at 11:00 AM

Thanks & Regards

CDG said...

@Ilango,

is there any objective way to find out whether this fall can be in i,ii,iii....(mark in red above) or in a,b,c (mark in green above).

Kranti said...

Ilango / Naveen

Same with me.. From my Grandparents also .. It was fairy take love.. It made enormous difference my own self dignity and esteem.. But i will not equate or use that as a measurement for success in any other area of life.. Love is love for its own sake.. the very essence of life

Ilango said...

@ CDG ,

We keep those options. But the direction was "Up" for both. It is the "quantum & time" that will differentiate them.

We need little more time to arrive at "which" is in progress.

STOCK4SURE said...

sir,
any chances of ns retracing 100% towards 5124
or 5084 is the limit of this upmove

Ilango said...

@ CDG,

A fall from here or around 5083-87 & new low would make it "iv".

Ilango said...

Classic pivot table & Pre-market aggressive trade would have given 50 points to a "keen trader".

Ilango said...

@ STOCK4SURE,

If 5017 is not breached, that would hint at a "flat correction". In such a scenario, a "Flat" could retrace fully and an "irregular flat" could go higher than 5124 too.

nifty said...

Ilango,

What is 5083-87 ?

You frequently say that the rally usually fizzles out at DHEMA + 20 = 5073.

Ilango said...

Anyone had "Clear consomme" today.....?

ajay vijan said...

5083 is golden ratio of 5123--5017

cooldent said...

Yes sir

It was very delicious :)

Ilango said...

@ nifty,

DHEma keeps rising as the highs are made. At 5083, the DHEma would be 5063 which would mean 5063+20.

This is an ideal place.

5087-is 50Sma(approx.) for the day.

shriram said...

Afternoon everyone,

lil tight on time today.

So we have closed @ 11:30 > 34EMA, & developing 5DEMA is still UP

Time to favours longs with SL @ 5049 ...

Have a gr8 day!

cheers

shivanGupta said...

@ Nifty

i think 5083-5087 is DHema+20 and WHEMA

anmpatel said...

@master
me. long at opening and book part at 5070. thanks.

Ilango said...

Presently "being rejected @ 5073-Day Pivot".

navtash said...

@ illango Sir ,
what could be the duration of ABC ? A done , what could be the duration of B , and C , if A=B , then what could be C ?
thanking you with regards

rrknan said...

Ilangoji

I am vegetarian.

cooldent said...

rrknan

Different types of dishes are available here. Both veg and non veg

Ilango said...

@ rrknan,

Though "Clear consomme" in the west is of Non-veg content, we, in the east, have modified it to "Vegetarian" by changing key ingredients.

Ilango said...

@ navtash,

If "b" is in progress, it should hold 5023-33 and move higher to 5080-87 or more and then fall.

If "iv"th is done at 5074, 5017 will get broken and the "v"th would find a bottom around 4995-5008. And the correction would take a "Zigzag" form.

rrknan said...

One purely technical question is it different from clear Soup?

Ilango said...

Hour trend reversal @ 5057 close at 12.00Noon.

Ilango said...

@ rrknan ,

People drink all kinds of soups and survive.

But "Clear soup" stands apart.

shriram said...

looks like NS 5049 SL , will survive @ 12:00, and close is 2nd 30min > 34EMA.. if it does,

we can hope to reach 5100 (30misn RES zone) , maybe ?

A J said...

@rrknan
Soup song for vegetarians!

http://www.youtube.com/watch?v=bdgj_uO3zoE

Unknown said...

sir, rising in DHEma and and rising in DLEma but developing pivot is below previous day pivot.is that suggesting something?.

S A M i T said...

Sir,
5083 is also 62 % of fall from 5124 to 5018..
Am I right ??

Post a Comment