Thursday, June 21, 2012

Nifty Intraday Update-I



155 comments:

Parimal said...

big cut in Reliance Ind

Just Huge Consistent Profits said...

Today Nifty Pre-open low 4911.25

NITIN KADAM said...

Nifty playing in a range, 5042 -5144 from last few days. Breaking any side decide further movement.

Playing the range with small stop loss or strictly stay away till the range gets sort out is the best option in such markets.

Playing the range - (Strictly very small stop loss, 5 points to 15 points)

1. Short Close to Higher level (5130-5144)

2. Buy Close to lower level (5060)

Supports & Resistances for today:-

5130-5144 – Resistance.

5060-5030 - Support area.

Current Trend: - UP, Range bound.

Possible Movements:-

1. 5130 < = > 5100 < = >5144 < = > 5170< = > 5195< = >5217

2. 5130 < = >5100< = > 5060 < = >5144 < = > 5170< = > 5195< = >5217

3. 5130 < = >5100< = > 5060 < = >5030< = >4965

Two best rules for successful trading:-

1. Initiate position in the direction of trend near support & resistances.

2. Max stop loss - 30 points.

Happy disciplined trading to all.

Have a nice day!

Arif said...

USD/INR is @ 56.475... Earlier high is 56.5

Prakash-Pol said...

Taking support or pausing to break?

Prakash-Pol said...

ORB Broken down side

parminder said...

Nilesh ji,
i know ur clear intentions Sir.

Amol Sharma said...

@ Parimal

Is there any news base fall in reliance ? then what is news ?

Sujatha said...

From swing high 5630 to recent low 4770 = 50% 5200 utter failure becoz if it crossed then short covering may happen that will lead to may month high during expiry time this is ruled out and they may make space during expiry and this may come in "July" early??? just a wild guess not for trading. 5040 to 50 taken out then it's expiry bonanza for "PT" 5200 taken out is "kumar sir's :)

Adequate support from feb high since 3-4 days of fall. I am cat on the wall and drinking milk donno which side to jump :( holding "burnol" in my hand

Prakash-Pol said...

50 பரோட்டா சாப்பிடற Joke ல வர்ற மாதிரி
Nifty யரோ தப்பா count பண்ணிட்டாங்கன்னு
மறுபடியும் முதல்ல இருந்து வரபோகுது.

shriram said...

Morning everyone!

have a gr8 trading day!

CDG --> Price close below 5106 @ 10:30Am will trigger shorts (INTRADAY only)

cheers

sushil said...

To parimal,
brent is at $90/dollar

Just Huge Consistent Profits said...

June 2011

Intraday High/Low 5604.95 / 5195.90

Closing High/Low 5516.75 / 5366.40

jagannathan said...

Nitco has downgraded the gas output of Reliance by 80 percent down.Hence,it is going down

Amol Sharma said...

for now looks like only above 5121 bulls will get some
ride. Till then have to wait.

J.R.Julius said...

Our CAMARILLA BUY@5109 sustains above stoploss.
Now down trendline broken. Lets Hope for the Best.

shriram said...

Idli time wid blessings of sujata amma !

bizagra said...

Ilango sir..can we now take 5095 as trigger for shorts??

Sujatha said...

Prakash - good one :) அப்படியே ஒரு 50 பரோட்டா மறுபடியும் கொடுங்க பார்ப்போம் that's really funny joke :) nonthu noodles aagiyiruppan kadaikaran if any person comes really

Shriram - no pls. still "burnol" not applied don't make me to "apply" i am cat on the wall

J.R.Julius said...

முடியல....

Smita said...

5 waves done from 5142- 5095 , now retracement of this move ?

shriram said...

Dear sujata,

we r using same burnol but across Wagah border of 5100 ;-)

J.R.Julius said...

Now down trendline Break in Line chart...

Prakash-Pol said...

வணக்கம் சுஜாதா அம்மா
CAN I GET YOUR TEST MAIL.

CDG said...

@Ilango,

Just a quick query? what is the time taken from the high fo 5190 to low of 5042 and its difference with the low of 5042 till yesterday high of 5141.

What is your opinion does this time difference has any relevance in this setting when 5097 is showing good channel support

STOCK4SURE said...

ns trading in 55ema and 200ma in 5 min charts

guess nifty is waiting for convergence of both and then will show some volatility

Sujatha said...

Julius - :) :) appadi podunga

Prakash - apart from "home" nattula - only 2 "ammas" one is "TN CM" another one is "GODDESS" so "cut" amma for me :) adhu sari..no "duty" for you??? :)

Shriram - same wagah border but with "few pnts" difference on hourly closing basis again i am safe side i believe need a big big candle above 34 ema + one big candle @ 30 mn. chart is enough to decide where it will go and come again

Ilango said...

@ bizagra,

Yes. That would be the channel break.

STOCK4SURE said...

convergence of 55ema and 200ma may take place near 1.00pm if same slope is continued in both

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Update at 11:00 AM

Thanks & Regards

J.R.Julius said...

சுஜாதா மேடம் என்னையும் உங்க சாப்பாட்டு டீம்ல சேத்துக்கோங்க.

Sujatha said...

Sir- :( :( channel break??? but simply stitting with your words "Be simply yourself" holding long "not much damage done' solpa melegi smell madhini sir becoz in hourly the resis. line is showing support from the top 5630 and v hv a solid breakout ..now what is the level to book profit if it comes..wants to confirm with your words. thanks n advance.

Just Huge Consistent Profits said...

திருமதி .. சுஜாதா அவர்களே நீங்களும் ஸ்ரீராம் அவர்களும் என்ன கருத்துக்களை பரிமாறிக்கொள்கீரீர்கள் என்று புரியவில்லை.

shiva said...

good morning,seniors..

Just Huge Consistent Profits said...

@ sujatha

Are you both long or short?

Dinesh Rishi said...

Sis

Seriously, is the world coming to an end?

Hari_Hyderabad said...

@ SMO

Sir what should be stop loss for intraday shorts taken on close of 2 30 mnts. candles below 34 ema. Can it be 34 ema + 20 pts.

Thanks in advance

Sujatha said...

shriram - slight confirmation on the way.. wants "solid" confirmation thro a solid tubelight. can u tell me wat is ur SL for shorts??? tks n advance

Julius - :) just mingle your cam dish with FIBO u will get good results and fine tune with weekly. as said by sir "for getting good results' it's better to "fine tune" with some other tool also.

anmpatel said...

@master
please do 11am update. thanks.

ITradeForProfit Daily said...

Bulls not able to fill down gaps swiftly.

Bears not able to sustain the nifty below day pivot.

Shows weakness on part of both Bulls and Bears.

More grinding expected here.

Prithvi said...

ORB SHORT SL HIT

Sujatha said...

DR- ji - ur Q is serious one or kidding?? so that i will reply thro mail

Sujatha said...

mera mayan on the way.. don't disturb mayan

Dinesh Rishi said...

Seriously. Is it?

http://www.sudarshanonline.com/2012/06/seriously-is-world-coming-to-end.html

shriram said...

@ Hari,

yes 5126 is the SL

@ suja : ur keen on applying burnol to me today :-(

Prakash-Pol said...

Seniors please clarify.
For ORB trades if break down take a trade with
a SL of day high. if break up side SL as day low. Today could it be a good trade setup?

J.R.Julius said...

@Sujathaji,
Thanks for the suggestions. I am doing the same.
Have alternate rules & tools for CAMS.

Prakash-Pol said...

சுஜாதா அம்மா
25 பரோட்டா கொடுத்தாச்சா. பாக்கி போட்டுகிட்டு
இருக்காங்க.

rrknan said...

Enjoy some petrol jokes since nifty is not rising like petrol or fall like Re. Here are some more.

New Greetings:
May your happiness increase like Petrol Price,
May your sorrow fall like Indian Rupee, and
May your joy fill your heart like corruption in India…!!!

Congress is fulfilling its promise, when they said: GDP will rise this year.
The only thing we forgot to ask him its full form:
G= Gas & Gold
D= Diesel & Dollar
P= Petrol & Penny

Pleasure & Pain come at the same price: Rs.80/- for a Beer Bottle OR 1 Litre Petrol.
Decision is yours… झूम लो, या घूम लो.!!!

All Girls’ Dream come True!
All Girls’ Dream Boys will come on horse!
All thanks to the Petrol Price Hike!

Dear Father-in-Law,
I deeply regret taking a Car in dowry.
Please take your Daughter or Car back…
I cannot afford both.

Now Tata Nano’s fuel cost will be more than its EMI per month!

Soon, Rupee will be SENIOR CITIZEN (above Rs.60 per US Dollar);
Petrol has already become VERY SENIOR CITIZEN in Bangalore (Rs.81 per litre) !!!

Finally it has happened…
After decades,
Beer is now cheaper than petrol !!!
Now, there will be new slogan: JUST DRINK; DON'T DRIVE !!!

Expensive petrol will help solve the problem of traffic jams!

Drink and drive should not be a problem now.
After all, how many will be able to afford alcohol and petrol on the same day?

We have the world’s cheapest car and the world’s costliest petrol.

Sign board at Petrol pump: Buy Petrol worth Rs. 20,000 and get a TATA nano absolutely free.
(scheme for आम आदमी Now he can get car with petrol! )

Good News!!!
Please forward this to MAXIMUM people you know, शायद किसी को काम आ जाए:
जिसको petrol Rs.17/- per litre चाहिए,
वो इस petrol pump से जा कर ले ले:


Al Safa Petroleum
Al Khair Road
Muscat, Oman

Man at Petrol Pump: Full tank कर दो...
Attendant: Sir, PAN Card की copy दो...
Man: What? Why? How?
Attendant: Sir, it’s a HIGH VALUE TRANSACTION !!!

mynac said...

GM Everybody,
1)Initial high volume trades bet.5108-10
2)More than 11 lac plus(huge)addition in NF in first 2Hrs.trading
3)Moderate 3 lac plus addition in 5100 PE
4) Nifty trading above JNSAR & not that much far away from Weekly and Daily Hema

Considering above said 4 factors suggesting more upside from here,in latter trading Hrs.when grinding alike feel is there..Let us see...

STOCK4SURE said...

contracting triangle in bank nifty charts

also a bearish ww pattern developing in bank nifty charts
may move up till 9930-50 (pt 5)range and then may fall towards 9750(pt 6) till tomorrow

Traveller said...

Not sure where nifty is heading ...booked my longs
lost patience...:(

sushil said...

To rrknan,
good joke still laughing

Amol Sharma said...
This comment has been removed by the author.
Amol Sharma said...
This comment has been removed by the author.
sunil said...

I would like to advise all those who are new to trade to stay away and take position only when the market starts showing a clear trend. Right now it is the playground of the wizards like our master.

shriram said...

Seeing the "sluggishness" of price,
Another Alternate option for EW folk

ysday's Up move 5042-5142 may be wave "a"
& "b" may be in play as ...

a 5042 5142 100
b.1 5142 5095 -47
b.2 5095 5122 27 -57%
b.3 5122 5075 -47 100% ** in play

Lets c if this works!

Sujatha said...

Shriram - kya bath hai??? super duper SL even this 22 will invite another 20 to 25++ agree larger trend and all is down..but something fishy my SL is protecting hourly hence had a doubt about downside

DR-ji = "my kundali" showing i will built a new house after "2 years" only and my D’s kundali will fly high at that time that will favour me too .. so no end to world :D :) jokes apart - some damage will be there this year according to tamil panchang and astro. For me 4100 is pending since a year??? Wat is the use of my prediction. If I think that then I have to sit with “empty hand” :( I can’t trade these rangebound..let us take when it comes. I am rembering my father’s words about “skylab rocket” (the name is correct??) that time everything is damn cheap he told. Atlast this 5200 not taken out then “damage possibility is more” . as said by sir "NOW' policy is best :) If v google mayan calender -v can get more details. but i am with strong views and believer of "vedhas/puranas/baghavatham" etc., so according to that.. more nd more years r there to end of this world :)

Just Huge Consistent Profits said...

@ Sujatha

For me 4100 is pending since a year??? Wat is the use of my prediction. If I think that then I have to sit with “empty hand” :( I can’t trade these rangebound..let us take when it comes.

Madam

Why don't you try Nifty Option Dec 2012 and so many business happening there ?

mynac said...

Dear Shriram,
Instead of current trading range,in latter trading Hrs.if Nifty shall start to trade closer to day bottom level,then would like to consider your this alternative count...Going short is very much easy @ this stage due to Nifty behavior,nevertheless unless and until it shall not break JNSAR with conviction..it shall not be fruitful trade.

Waquar said...

If one is not able to interpret the moves, then better to stay away unless one's system gives a good entry point, it is any time a better option to be with cash in hands waiting for a good opportunity,than trade and loose money...

Hari_Hyderabad said...

@ SMO

Sir 2 30 mnts. candles closed above 34 ema. I am short and sl not hit. Shall I exit shorts and go long now ? Or wait for the EW target of 5075 ? Please help ...

Ashish Agarwal said...

If one looks at the alignment of EMAs and MAs on hourly and 30 mins, there is a fast fall possibility. Lets see..

shriram said...

hhahaha.. sujata : i like it, really like ur spirit!

@ mynac: True, nothing is 100% wid EW on the FLY .. but there is a reason for proposing this Alt count, and that is behaviour of 34EMA !

Its FLAT .. means 2 things
1. Price is OSCILLATING on 30mins TA
2. Rate of Change is LOW (other-wise EMA wud have done Up & down, if price moves were fast)

These are possible hints that we r witnessing a SLOW & SLUGGISH "b" wave currently

baghu, kase kaay te :-)

Kumar Technicals said...

Good Morning ILango sir & everyone!

Dear Shriram!

You posted alternate counts. I am new kid in waves, just surfing here & there. Could B wave have a 5 wave sub wave structure?

nifty rider said...

if nf does not cross 5141 today..right shoulder in place.moreover,Tuesday was insideday after big trend.

numchar said...

@Mynac

Looking at the hr indicators , its boarding southern trains , seems like to have the effect of the high volume trade we need to wait for an hour or so and see if price moves up and breaks 5121-5133-5142.
Else Jnsar is quite near from today's low which coincides with 50% retracement of 5042-5142.

shriram said...

@ hari: intraday , 1st place to book out profits wud be 5077 na, y change the SL ,
did not understand ur query

@ kumar ji: pranaam
b waves have 3wave structure , labled b.123 for my ease only :-)

Waquar said...

@ Kumar:
B waves are always 3 waves move...

Prakash-Pol said...

NIKKEI only trading green in all global indices.

parminder said...

Dr Kumar,
Charan sparsh sarkar
☺☺

STOCK4SURE said...

5100 is 200ma in 5 min charts
if holds ns may move up towards 5138..my guess

STOCK4SURE said...

prices are moving a bit up and down 55ema and 200ma in 5 min charts but their slopes ar still intact and extending those lines showing convergence near 2.00pm

Kumar Technicals said...

Dear Shriram!

Thanx for clarification, ur b.123 confused me so it may be A B C na:)

Dear Waquar! Thanx for reply.

Dear PAM! Saadar Naman aapko, Kukkad shukkad kab mil raha hai:)

San said...

Nifty Hour chart analysis: CLICK HERE

parminder said...

Dr kumar,
jab aap khana chahein tab mil jaayega aap aayen to sahi.

shriram said...

@ kumar ji:

U have still not enlightened us on ur system, kuch to naya sikha di jiye aaj sir :-)

Ashish Agarwal said...
This comment has been removed by the author.
nifty rider said...

now its beyond my patience.i m short wid 5134 sl

shabsaif said...

Dear Ilango sir and all blog mates,

I would like to share some “GYAAN” please ignore if you don’t like or let me know if you like or not.

Today I read comments posted today, all are discussing break and target of different level like channel break, some EMA, or SMA, SAR, new high, new low etc. I agree that all the levels are important and they give good result, but question is when ??

For answer of this question, we have to look previous day, week or month price movement for intraday, short term, long term respectively. Nifty was down on 1 June close @ 4840, after 3 trading days started moving from 4865 to near 5000 on 6 June, and after one week , cross the 5100, after another week @ same level 5100. If we look last 3 three day NIFTY movement, we observe that Nifty breaks many level , make new low(5031) and new high(5142) also, but result no way, same price 5100, its mean the price movement confusing, we can not follow levels so easily, we have to careful and wait for market change style, ranging to trending(I don’t know its good word)

Thanks in advance.

parminder said...

Dr kumar,
Shriram ye to waise hi chupe rustam hai talwar se bhi goli chala sakte hain.
Beware
☺☺

Sujatha said...

shriram ji - really wondering about 'SL" just protecting hourly indicating what "upside is fake" or "some upside left"??? irritating me much

nifty rider - give me your SL will give back if not cross 47 help me.

mynac said...

Dear numchar,
Just 6 days left for expiry and look @ 5000 PE O.I...it's huge...and the expiry game has started is understanding.

From here,if Nifty shall go up then also,have doubt about it's sustainability for longer period after expiry is understanding. Nevertheless considering near by expiry,present Nifty O.I. addition,5100 PE addition,it has potential to go up..If it's Big "C" then this would be the right time for Bulls to lift Nifty up beyond Bear's territory...

KRG said...

KumarJi:
B wave can be in fives if forming a triangle

Cheers

ITradeForProfit Daily said...

BNF looks more promising than NF currently

mynac said...

The last leg of rally is generally reserved for Big players only...where there is tug of war... Small players like us cannot intra trade due to fear and greed...and it is correct too... nevertheless if you are trading with XYZ conviction such as "Just Following JNSAR" then there should be any tension..mechanical S/L will take care of all.

shivanGupta said...

@KRG

as far as i know in triangle all waves are in 3's.

Kumar Technicals said...

Dear PAM!

D R ji Dilli jald hi padhaar rahe hain, jald hi aapke yahaan hum dono sath sath aayenge...thanx for inviting:)

Dear Shriram! I am devotee of MA convergence-divergence, rest is time pass. EW ab seekhna start kiya hai aap sab se:)

KRG said...

shivangupta: yes; triangles have 5 waves each consisting of 3 sub-waves

shriram said...

Dear Pam ji,

Kumar sir ne hume aaj to kuch sikhana hi hein. Zidd pakad lo ji :-)

Sujatha said...

mynac - thanks for ur views but little confusion about biggies whether they r going to make "gap down' so that they can initiate fresh buy in July contract or "they may give upside from here" :( god is blessing my SL since yesterday sofar hourly close is OK as u said mechanical SL especially hourly is better i believe. feeling sleepy and tired

parminder said...

Shriram i have already told u,
Dr Kumar ye to waise hi chupe rustam hai talwar se bhi goli chala sakte hain.
Pehle bhi inhone classes lene ka promise kiya tha aaj to sikha hi denge.
All raise ur hands

shriram said...

Time for sapaad , cu all @ 14:00hrs!

parminder said...

So may be he will be obliged to novices like us and guide us

POWERTRADE said...

Garaj baras pyasi dharti par fir pani de maula

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Update at 1:00 PM

Thanks & Regards

Dinesh Rishi said...

Parminder Ji

be ready with kukkad

kukkad aap ka Teacher hamari taraf sey

Two Teachers comming soon

http://www.whisky-drinker.com/pages/wp-content/uploads/2011/06/teachers_whisky-300x283.jpg

any other NCRs wants to join are also cordially invited

parminder said...

Ye lo ji PT bhi aa gaye hain barasne ke liye
Barso re megha barso re megha
PT
☺☺

Prithvi said...

Boring market me so gaya tha
Lagta hai master bhi so gaye hai,
Isliye blog update nahi kiya

parminder said...

Sure sir u r welcome to acknowledge me i am obliged .
i will prepare it for u.

☺☺

STOCK4SURE said...

55ema and 200ma in 8 pt range...volatility to start soon

J.R.Julius said...

பொறுமையால் நீ ஆயிரம் முறை
கூட தோற்று இருக்கலாம்.

ஆனால்,

அவசரத்தால் நீ ஒரு முறை
கூட ஜெயித்திருக்க
முடியாது!

Sujatha said...

cooldent - 1 PM OHLC figures pls

cooldent said...

DR sir aapkeliye

http://www.happilyunmarried.com/products/bar-and-drinking/shot-glasses/bhojpuri-shot-glass.html

STOCK4SURE said...

two days of small range may in turn see strong volatilty tomorrow being weekend

A J said...

@Prithvi
nazar hati aur durghatna ghati

Rupee making new low....

mynac said...

Dear Sujatha,
Still there is not that much rollover started there... still there is time for the same.. so in case of any gap up or down the effect shall not be there...If Nifty shall break JNSAR then there shall not be any question for even big players for long rollover.They would probably like to enter around 4980-5000,because it is very general observation that after good upward rally whenever,Nifty breaks JNSAR on second time... it gives atleast 100 points gain for shorter.i.e. 5093-100=4993...

sometimesbullsometimesbear said...

அம்மா புலி தைலம் Burnol :) விட சிறந்தது

Dinesh Rishi said...

Let's See On Which Side The Camel Sits

Once a greengrocer and a potter jointly hired a camel and each filled one side of the pannier with his goods. The camel as he went along the road took a mouthful every now and then, as he had a chance, from the greengrocer's bag of vegetables. This provoked a laugh from the potter, who thought he had the best of the bargain.
But the time came for the camel to sit, and he naturally sat on the heavier side, bearing down on the pots, and also to have his mouth free to operate on the bag of greens. This caused the pots to break in the bag, and then the greengrocer had all the laugh to himself.

STOCK4SURE said...

INR made all time low

parminder said...

Sujatha madam for u,
open-5106.85
high-5108.85
low-5104.45
close-5107.2

J.R.Julius said...

sometimesbullsometimesbear


could not stop laughing after reading ur
comment.

Prithvi said...

INR LOW BANAYE TO BANAYE
BUT MARKET IS STILL STRONG
SEE AT 2 PM,

numchar said...

@ DR Sir /Kumar Sir

What is kukkad ..? Is it Bhow bhow ?
From name seems like that .

Sujatha said...

Parminder - thanks a ton. please update hope sir is busy it seems

Prithvi - :) :) where u went??? again to bed??

STB - lol :) :) nattula enakku burnol/thailam kodakka - varisayile nippeenga pola irukke.. aha ahaha yenna oru nanbargal vattaram??? :) :D ellarum "jallikattu velayadaringa" mm.. nadakattum madu muttichi..avvalathan

Piyush Sharda said...

suja
5108-5112 5098 5107

parminder said...

Numchar its
quack quack no bhow bhow

Sujatha said...

parminder/piyush - is it spot only na??? am looking for SPOT y some difference??

parminder said...

it seem sJnsar to trigger again today

parminder said...

Yes Sujatha madam
Its spot only 1.05 pm

numchar said...

Thanks parminder .
Apology for ignorance . :)

Prithvi said...

LADKI DEKHI NAHI K CHIPKE NAHI

Prithvi said...

SUDHAR JAO BHAI SUDHAR JAO

STOCK4SURE said...

is fast rise setup developing in bank nifty??

Piyush Sharda said...

suja spot frm i charts .

it looks like parminder used the last hour bar at
1.05 so its developing bar for 2 pm not i pm

Sujatha said...

parminder - thanks :) not bad i feel still chances r "open" for me

mynac - pls guide thro OI

கடவுளே இந்த இம்சையை நிப்பாட்டி கொஞ்சம் மேலெ கொண்டு போக கூடாதா எனக்காக மற்றவர்கள் தேங்காய் உடைப்பார்க்ள் உண்டியலில் காசு போடுவாங்க ரொம்ப நல்லவங்க

parminder said...

Ps,
just checked out again on google finance the values are right for 1.05 pm bar
Regard

Piyush Sharda said...

@parminder,
it wud be correct. but ip bar means to me bar that starts at 12 and ends at 1 pm . ur data was
1.05 pm

Piyush Sharda said...

typo 1pm instead of ip

eevra said...

TT not updated right ?

Amol Sharma said...

nifty smallest range 5093.45 to 5122.8 = 29.35 points only want more to see.

nifty rider said...

kya karen ya na karen
kaisee mushkil hai
koi toh batta de iska hal o mere bhai
ek taraf sujata long kare
duji taraf sriram short kare
ummm kya karen ya na karen
ye kaisee mushkil bhai.....

mynac said...

Dear sujatha,
Now NF O.I. has gone up to 13 lac plus intra addition.. and that last 1 lac was added when it came up to JNSAR.. that's not good sign for Bulls... To nullify that bearish effect they will have to take Nifty above atleast 34-30Min.Ema..soon..

parminder said...

Ps ,
i thought Sujatha asked for 1pm ohlc so i gave that.
Never mind if she is getting what she wants either from u or me.

parminder said...

BY the Way where is Master.
http://www.youtube.com/watch?v=4pbQ3cOCizA

numchar said...

Advance Decline :

Nifty 50 Stock
Advances
23

Declines
27


MidCap 50
Advances
40

Declines
10


Midcap stocks still doing rally upto 4% whereas nifty stocks in fix which way to go.

Hitendra said...

mynac,
to nullify that bearish effect they will have to take Nifty above atleast 34-30Min.Ema..soon..

can you tell me what is the 34/30 min ema value pl

Kiran said...

As of now, it's NR7 day for Nifty and BankNifty.

mayank said...

34/30 min ema - 5105.8 spot

ALBELA HOUSE said...

Jun 22 Dragon Boat Festival Holiday china mkt close.Any UP or DOWN be 2maroo.

parminder said...

Hitendra
At the moment it is at 5106

SURESH NIFTY said...

what is NR7,,kiran???

Sujatha said...

mynac - u mean to say "that may be short side" right.. see now also hourly closing is nearby my SL too protecting...usually this "ema or cam" will not act like this very rare case..really wonder what's store for me sudden up or down :( if 2.30-40 not acting good i will quit at cost

parminder - spot only boss.. pls. post 2 pm too i would like to take right figures from "seniors" :) for safe side.

Hitendra said...

thanks to mayank & parminder

hesitating to cross as of now

Indus said...

@Hitendra

Click on the Nifty spot live chart provided on the
right hand side of this blog...currently it is 5106

ITradeForProfit Daily said...

@suresh nifty

NR7 narrowest range for last 7 trading sessions

mynac said...

Dear Hitendra..It's 34 ema for last 30 mints.@ present it's 5106..If Nifty shall start to trade above that ema then it may regain it's upward momentum is understanding here.

Then who knows it may go even up to DHEMA.. let us see..The huge NF O.I.addition while Nifty going down is always headache for intra or upmove...because it becomes tough for buyers to force sellers for short covering..whenever market is @ crccial junture.

SURESH NIFTY said...

Thank you ITradeForProfit Daily

Sujatha said...

DR-jiiiiiiii - push i above 887

rajiv malik said...

Rupee drops to 56.52/dollar. When it reaches 58, can we retire it?

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