Tuesday, June 26, 2012

Nifty Intraday Update-I



62 comments:

Ilango said...

JNSAR number could be interpreted by the individual in any number of ways.

With Filter;
A 5 min candle close below or above;
An EOD Close;
An Hour Close;
And many more.

Whatever you may choose, stick to it. And manage such trades as per your parameters for managing it.

Losing 20-40 points during a whipsawing period should not deter you from taking new positions.

Enhance your knowledge to incorporate other studies to manage your positions during overbought and oversold situations;

OR

Use Tech.Table to manage them.

San said...

Nifty intraday update: CLICK HERE

mynac said...

Very short-term observation for opportunistic traders…
Just watch following chart…
http://ichart.finance.yahoo.com/z?s=^nsei&t=1d&l=on&z=l&q=c&p=e5,e20,e34,m200&a=r14,ss&c=

@ Present Nifty is trading closer to day low but the chart shows stochastic as well as RSI are rising or want to go upwards…but the price shows fall means in spite of fall the selling is absorbed or buyers want to keep it up nevertheless chart is not that much supportive for rise….

Whether this understanding is correct or not don’t know. But technical fellows are requested to throw some light…

NSB said...

Dear Mynac,
GM Sir,
@ mynac said...
5114.25 is the high volume trade @ 9.15 Today

I hear lot such statements but I am not able to infer, I sincerely request you to help me to understand the interpretation or what does it indicatte. Thanks in advance.

NSB

parminder said...

Thanks Master for bringing alive the Teachings for JNSAR lovers
☺☺

NEVER GIVE UP said...

good morning sir and all friends.

Yash and Dhan said...

@ Mynac,
And also when there is fall it is being compensated by changing the premium on futures.
The bears are kept in doubt.

mynac said...

Dear NSB,
Simple understanding…
If Nifty shall start to trade &stay firmly above that High volume trade, then the chances of upside in the remaining trading Hrs.are there and vice versa

mynac said...

Dear Yash and Dhan …
Thanks… it was overlooked by me…:)

Manish said...

@ Mynac

Overall volumes at NSE are high today ???

Till now done 48000 crore.

Please check

Parimal said...

i am happy that Pranabda is going out. he did not do anything worth the salt. secured 32 years of govt/party birth by betraying and covering up the investigation of mysterious death of Netaji Subhash Bose

NSB said...

@Mynac,

Thanks
NSB

Nilesh Patil said...

@mynacji,
in my view it will trigar sell below 80 stock. and 50 rsi.

STOCK4SURE said...

for first time since morning ns broke abv 21ema in 5 min charts and again falling

gauresh59 said...

@ Parimal,

Show me a single political leader at present doing any thing ....
All are busy in preserving their elected seats and position....and never caring for people of India....

Amol Sharma said...

Sir,

mid point crisis ??

ToT-Amit said...

5 days Volume profile of Nifty is showing high volumes @ 5120 and 5145.

matches with Master's pre market view of 5124-44

SANPOT said...

@Mynac can it be a negative divergence?

CDG said...

@Shriram

Hello.. Yours inputs are greatly missed

Parimal said...

you are right Gauresh-bhai
in fact democracy does not suit us Indians who are mostly uneducated. India can progress only if there is benevolent dictator at the helm

Sujatha said...

Nilish - ji - no sell please ..let it be after a upmove

Shriram - Now prayer is OMG straight direct candle to 125 next is 145 but as usual grinding and will come late??? :P any chance to bulls chasing bears that too holding it's tail?? "hanging knife" on the head of the indices due to expiry phobia :( am ready to eat anybody's SL except me :D as i am "tiny ant" can't eat my own

CDG said...

5114 is 10DMA currently the support is here....

Prasad said...

DR Sir,
Is there any provision in Sharekhan TT to place
pre-market orders? Pl guide.

Regards

Nilesh Patil said...

@Sujatha Sis,
Your weekly L3 is hurdal for me. below that all is well.

STOCK4SURE said...

Sir,
is it possible that ns may fall towards 5085-90 range and then may move up towards 5220-30 range to complete expanding triangle pattern(higher high and lower low)
please advice ??

Dinesh Rishi said...
This comment has been removed by the author.
Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Update at 11:00 AM

Thanks & Regards

Ilango said...

@ STOCK4SURE ,

How the correction gets completed in a "Bullish scenario" is difficult to state. It is possible "as you have stated".

There are few supports such as
5074-80,
5042-48,and
4985-95.

Beyond 4985, it becomes difficult.

kerala nifty said...

JR JULIUS TODAY IM CALCULATE CARMILLA LEVEL BUT ..LONG DIFFERENCE FROM UR LEVELS IF U CAN MAIL UR SECRET OF CARMILLA LEVELS THANKS
SOB

Sujatha said...

Nilish-ji - that's protecting me sofar including my SL.

shriram - request you to consider my posts as "jokes". by the way u r very much sincere with your EMA system (ofcourse technically right) but y not prefer some flexibility?? like weekly 61% FIBO is protecting + 50/200 SMA s are protecting since a week weekly hammer (i believe twin) and above etc., just a wild thought ofcourse i am mingling these thanks for YOUR FIRST SL :)

PS : I may change my coat at any time depends upon where it's holding and how it's resisting.

Yash and Dhan said...

Whenever I trade Sujata sis has to eat my SL.
I am the favorite punching bag of all.

STOCK4SURE said...

H&S pattern emerging in Bn 5 min 5 day charts
right shoulder inmaking
may be near to 10030-50 range

CDG said...

from 5114(10DMA) to 5126(week pivot) this is the 3rd attempt to break the resistance of 5124 given in pre-market. Seems not able to sustain..

shriram said...

back -->

@ CDG: hrTA : Nifty is trading > hrLoEMA (Developing Lo 5116), needs to break down below 5116 fast by 12:00noon for bears to feel happy

Biggest learning is to close positions when Hr TA hints @ reversal. Lets re-evaluate @ 12:00 noon

@ Suja: Aaah.. atlast u have given some of ur "secrets" away after eating my SL in the past 4 days !!

Ur trading style is BESTUM BEST for such range bound markets, where Trend-following becomes a torture :-)

J.R.Julius said...

@kerala nifty,
Nothing Secret Here. The levels I mentioned
is NiftyFutures. You may be calculated with
MINIFTY or NIFTYSPOT.

Seach in Google :ADVANCED CAMARILLA Intraday
calculator

chetas said...

Is this a bear flag in NF?

shriram said...

Ilango ji,

Ur preferred wave lables pls sir ?

Sourav Kundu said...

@shriram,
Remember what sir once said... Follow and flourish... predict and perish. :)

STOCK4SURE said...

small bearish WW in most indices(except IT index)
may correct be4 12 noon

NOBLE said...

@ DR sir,
Bank Nifty SAR HITTED ?

m.k said...

good morning ilango sir
from tomorrow high 5194 to today low 5102 is 5 wave?

shriram said...

@ sourav:

That mantra i recite every morning @ 9:15 before open , but wot is the reference to context pls ?? :-)

SURESH NIFTY said...

Open & low are the same right!!!

Yash and Dhan said...

If JNSAR taken @ 5110. Then reverse trigerred @ 5130

Smita said...

ShriRam ji ,

Developing 34 ema on 30 min is 5136 which is also Low ema( 5116) +20 .
A reasonable stop loss for shorts ?
what do you say?

Sujatha said...

Closed my longs as BN touched my target - it may show some weakness??? something smelling :(

shriram said...

hi smita, hru ?

yes one hlf hr close > 5137.7 & i will call it quits for shorts

Only Sujata has mastered past 4 days volatility.. no system is able to handle these whip-saws as well as her "mayan" :-)

cooldent said...

DR sir aaagaya :)

Shradha Saburi said...

seeking for support for breakout
Imtihaan ki ghadi

eevra said...

Shriram is doing a great job making us remain brain-active. ELse we will vegetate..

thx Shriram.

Sourav Kundu said...

@Shriram,
RTC is..
Q:Ur trading style is BESTUM BEST for such range bound markets, where Trend-following becomes a torture :-):UQ

Smita said...

Hello Shriram ji , Me doing good ( exept for last few continous losses ) :-D thanks for asking .
I will watch 12:00 close .

shriram said...

@ ilango ji,

Intra-day Expanded Flat corrective done @ 5131 sir ?

SURESH NIFTY said...

At least for the time being "Don't Buy the Dips - Just Sell the Bounces"

Shradha Saburi said...

dollar index is volatile came down
but no breakout

shriram said...

@ Eevra:
kal se market ne dimaag ka dahi kar rakha hein , my fav 5 & 34EMAs r unable to handle intra-day volatility !

@ sourav : ok, i get it. wot was written, was complimenting sujata's success, not for SAR based trades :-)

Shradha Saburi said...

added one lot of mini nifty with low sl

Nilesh Patil said...

@Shradha Saburi,
Jnsar is in short?? Then what is the reason to take long?

eevra said...

@ shriram , if you do not mind would you pls say the one targeted to me in english pls. thx

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