Tuesday, June 5, 2012

Nifty Intraday Update-II



79 comments:

J.R.Julius said...

Camarilla Intraday Follow Up
Nifty Futures Reached Our H3 SELL Price Again.

J.R.Julius said...

Breaking NIFTYSPOT@4885 is the SAFE POINT
for BEARS.

shriram said...

illango ji,

shifting focus slightly to TELCO...

Rounding bottom in place on Short term sir , is it worth a buy ?

Prabakar said...

Dear Mynac,

Like yesterday, till now the high volume bar is @ 4880.55. Could we consider this as SAR for intraday trade..

STOCK4SURE said...

ns making higher hi higher low pattern since morning but facing stiff res in 4900-4890 range

negative divergences appearing in 5 min charts

too confusing to pick the trend

Pankaj said...

Head and shoulder seen in the minute chart!

anmpatel said...

Europe futures indicate green...ready for 4900++

anmpatel said...

OR midpoint crisis!!!!!

cooldent said...

PT aap kaha ho? Dekho na DR sir aur bulls ne mera kya haal kardiya. Jaldi waapas aaao

vote4LDF said...

SIR ANY RE SELL AREA PLS SUGGESTIONS PLS SENORS

anmpatel said...

@vote4LDF
4907 resell with 20point SL 4927 i.e. today JNSAR.
my advice wait for midpoint crisis to solve.

J.R.Julius said...

Market Alert:
SAFE POINT for BEARS reached after 34 Mins!
SPOT 4885(Chart SUP).

vote4LDF said...

@ANMPATEL TODAY JANSAR DEVELPOED 4915???????

durga said...

vote4ldf,the earliest signal for sell is hourly close below HHEMA

nifty rider said...

i guess tomorrow wave b high will b placed.

Sourav Kundu said...

@cooldent bhai,
No worries... JNSAR is with us... thoda aur patience rakho... ya to we will take home some money[from shorts] or our SL will be hit.

durga said...

@vote4ldf,if you sell profit book area is around,HLEMA -20.THAT WILL BE AROND HR JNSAR.

Anil said...

@sujatha

4898-4877-4898+..????

POWERTRADE said...

Good Noon Sir and Warriors

@Cooldent

NS slowed at MP Crisis and below JNSAR .. Just the Point when we can strike the Iron --- Loha Garam hai Abhi :)

POWERTRADE said...

Spain's budget minister says it's technically IMPOSSIBLE to rescue Spain i.e. too big to bail.

Means -- Now Printing Machines also say plzzz we cant print more -- Our Capacity oveloaded

STOCK4SURE said...

4874 ns is 55ema in 5 min charts..support

Sourav Kundu said...

PT sir,
Kya entry mari hai aapne... just at the right time!

Sujatha said...

Prabhat - :D :D :) in 30 mn. chart another 1/2 hr candle close below my ema is = PT

Anil - watch BN i posted to DR @ Sir's Update No I

shriram said...

support on 30mins TA @ 4863 .. lets c @ 14:00hrs

going for sapaad, cu all later!

POWERTRADE said...

@Sujatha

LOLZZZ :D

shriram said...

possible chotta Xpanded FLAT played out...

a 4893 4876 -17
b 4876 4899 23 -135.3%
c 4899 4871.494 -27.506 161.8%

NOW , if 4863 holds, we go UP beyond 4900 ,

J.R.Julius said...

Camarilla Trade1: STATUS
Nifty Futures
H3 SELL@4866
Part Booked 4846
Remaining Breakeven Stop.

GaneshaSays said...

Trading is a waste of time. Ilango sir, what do you feel? Can you show anyone who has become rich by trading? The so called 'best' trader Jesse Livermore also ended up his life is waste. What do u say?

Hari_Hyderabad said...
This comment has been removed by the author.
Hari_Hyderabad said...
This comment has been removed by the author.
numchar said...

@ GaneshaSays thanks for sharing such a wonderful insight.

Please utilize your time at some other informative site .

Sujatha said...

Ganesha - In that case "y u r wasting time" on this "trade" related blog?? :) Jesse ended his life may be becoz of his "wives" managing 3 is tough na???

STOCK4SURE said...

ns exactly taking support at 1030ema in 5 min/5day charts and moving up again

nifty rider said...

@sujatha
ha ha ha nice one

GaneshaSays said...

Thanks for sharing your views. Can you show a courtesy of sharing your trade ledger books to actually prove that you are making profits out of this and not misguiding others?

J.R.Julius said...

Camarilla Trade1: STATUS
Nifty Futures
H3 SELL@4866
Part Booked 4846
Trail above TL/Breakeven Hits 4863
Trade 1 Closed.

Sujatha said...
This comment has been removed by the author.
Sourav Kundu said...

Ek aur champak aaya... ja re bawa... kahin aur ja na re!

nifty rider said...

@ganesha
here no one is child.so misguiding is not possible

Ilango said...

If not sincere & involved, it is waste of time.

If disciplined & hard working, it is best use of time.

Just because you can not find a trader who has been successful, it does not mean there are no successful traders.

There is no shortage of methods/ systems to make money.

BUT

There is definitely a shortage of discipline & patience.

It is the character & temperament of the individual that could bring in success.

Are you prepared for a boring endeavour and keep your excitement under wraps all the time, then "Trading" is the profession for you.

One success, it goes to the head.
One failure, it goes to the heart.
Then...you aren't made for trading.

numchar said...

@ Sourav Kundu

ha ha champak ...

AimNifty said...

What a Masterstroke !!!

Indus said...

@Ilango

1 pm TT update please

Ilango said...

Yesterday, we talked of 34 Hr sma in "Pre-market View".

Today when Nifty touched 4899, the 34 Hr sma was @ 4899.

Shradha Saburi said...

change of coat look nice, feel hot will take out

Sourav Kundu said...

@numchar,
The point is that such folks come and irritate us... kuch constructive to contribute kar nahin raha hai... bus aise hi time pass.

J.R.Julius said...

Today Exit based on TL seems not good!
Anyway ME sticking to MY Rules.

GaneshaSays said...

Just look at the way how master responded and how others responded, shows the difference and level of knowledge! My question was the same, Ilango sir, since there is no one which I have ever found who has made money by trading in my 12 years of trading experience, I think it is waste of time. Only mechanical trading I feel can give decent returns, following JNSAR is good setup but this intraday won't fetch any returns. Even for yesterday's example, why the markets are going up when all indicators and JNSAR show to bearish patterns? We get trapped in such scene and sometimes when JNSAR goes on and on and on, we do not have that much courage to hold on. I remember last JNSAR long gave 700+ points, but I doubt if anybody would have been able to hold on for such 5-month long trend.

Hemant Harke said...

@Ilango Sir,

Yes Sir 34SMA is good
34EMA having lot of volatility

regards

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

@ganesha
dear friend everyone has different horizon.i personally knew few traders who make money by trading just 20 points in nifty.obviously with strict stop loss

Traveller said...

@Ganesha...if you cant follow TA with discipline..
then follow 9am - 6pm office job :))

NEVER GIVE UP said...

@ Ganesha
i can show you my ledger.
you are a not a trader but a speculater only so far i think.

NEVER GIVE UP said...

following only and only this blog.

murli said...

ILLANGO SIR

PLEASE TELL ME HOW TO SEE PRE MARKET COMMENT

Ilango said...

If you ever go to the "temple City-Madurai" in Tamilnadu, meet the hardworking businessmen.

They look just ordinary. But they are Crorepatis.

They never talk about their winnings & victories. It is a way of life for them just like brushing your teeth.

They just go on from one winning to the next. Nothing deters them.

It is the only city, I know of that never sleeps.

And the people enjoy the most. They are fun to be doing business with. You find a lot of North Indians in partnership with them.

We have a post about them under "Lifeline".

buggie advani said...

@ganesha sir
First correct your own mistakes before blaming the system and speculate the market within your limits
one can get carried away .
cheers

Ilango said...

@ murli ,

Go to "Blog Archives" in the side bar and the choose the week from the "drop down menu" that shows "weeks".

GaneshaSays said...

Okay, then can anybody tell me what would be today's 3.30 pm close based on your systems/timeframes? Just simply whether higher than previous day's close or lower than previous day's close?

Regarding technical time frames, your hourly time is showing bullish and daily and weekly are still bearish. When you try hourly and it fails, you will say that larger time frame has precedence over lower time frame. So, which is to follow, hourly or daily or hourly based on daily or daily based on weekly?

buggie advani said...

@ Ganesha Sir
I think you are looking out for tips
you are in the wrong place

Indus said...

@Ilango

TT is not updated...could you please check

numchar said...

@GaneshaSays

Yeah sure ..plz open this link at 3:30 only to know the price :) else u will get wrong price.

http://www.nseindia.com/

Kranti said...

Ganesha..

I am relatively new to trading and just two /three months old for this blog.. I havent made any money NOT because trading cant give money But i didnt have the dicipline and qualities needed to be a trader..

IF i had / If i had just followed Ilango.. i would doubled my capital by now..

There is no point if we cant accept the REALITY that extradinary dicipline reqd to be successful.. I am hanging on here just to learn that discipline..

One of my friend said Ilango could be easily one of the best TA in the world.. I feel he is right..

Just see what Ilango is doing / sharing without the filter of past.. You will GET it

anmpatel said...

@master
what will be 2pm high EMA?

nifty rider said...

@ganesha
beauty of life lies in its uncertainty.and it applies in every aspect of life.if its not there nothing moves.

Prabakar said...

@Ganesha,

Could you please stop this.
Would you be happy if you hear that anyone from here not made money, then i have not made profit.

For this i never blame JN family and Ilango Sir.

But when i first visited JN from 2008, i was able to recover my losses.

I know very well that it is my indisciplined and Greedy trade which made me to fail.

Please leave this.

shriram said...

back -->

Hahha,. sujata: y ur counting no. of wives pls ?/ ;-)

STOCK4SURE said...

possibility of a fast rise set up emerging in 70 and 1030ema in 5min 5 day charts
if intraday low is held

nifty rider said...

so plz stop predicting todays close or tomorrows opening

GaneshaSays said...

@Buggie,

I m not looking for tips, what I m trying to say is nobody can predict the markets correctly and when the show gets over, we try to co-relate it with different theories stating that because of this this and this, it happened in this way and that. Just now, hourly is bullish and it is overbought but can anybody say where is the level to enter long and what if that doesn't materialize? Then somebody will say that because daily was sell, hourly bullish couldn't carry on. If this hourly bullishness carries on, somebody will say hourly got carried into daily, but what is the point in co-relating things after they happen? Why any setup can't show in live what is going to happen next?

Lakha said...

Good Afternoon Bewafaa Nifty Ka Deewanoo

Ilango said...

New Post Done.

mynac said...

Dear Prabakar,
was away for some time..
From trading point view..Yes you may...
Now for the importance of that 4880 trade,just have a look @ 5 min 34Hr.EMA it is around the same trade @ present...

shriram said...

@ganesha says:

In TA every set-up is LILEY only, nothing is 100%, hence evry trade has a twin called STOP LOSS asscoaited with it.

for now, I can tell u thus,

if Nifty sustains > 4863 for today, it will be BULLISH on 30mins TA & there is a chance, we will see another 100 pts up to 4950, For takign ths chance i am willing to accept a RISK of 20NS pts.

This is the PHILOSOPHY of TA. Nothing is 100%, we only trade those set-ups which have a HISTORICAL PROVEN SUCCESS RECORD

Hope this helps u

buggie advani said...

ganesha good luck
follow the system, not the noise
cheers

Kranti said...

My friend ( he himself is a very successful full time trader ) was upset that i didnt use right words to describe Ilango and he asked me to correct immediately..

What he meant and i also see is that ' Ilango is the best TA in the world " ( although thats what i also meant but didnt word rightly )

J.R.Julius said...

Day Low Broken - My exit of shorts earlier based on TL. If someone Hold consider L3@4815 in futures.

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