Wednesday, June 13, 2012

Nifty Intraday Update-II



53 comments:

Ilango said...

Alternative "super bullish view" was posted by

Traveller said...
Master,

abc done from yesterday's high ?
June 13, 2012 11:27 AM

mynac said...

Good Afternoon everybody...

mynac said...

Expecting 5140 in next one or two Hrs.

Piyush Sharda said...

@dineshbhai
few days back u mentioned to stochaistic setting paramaters. cant locate where i noted
it. if u dont mind can u tell it again.

Dinesh Rishi said...

Piyush Sharda

I use default setting of TT

its 3,5,3

Prabakar said...

Dear Mynac,

What a timing?!! Thanks.

venkatapathy l said...

How to reach google group?

LV

Piyush Sharda said...

ok dineshbhai. thanx

mynac said...

Dear Prabakar,
It's not timing,but the way Bulls hold Nifty above 5110,then the next immediate stop for them is 5140.. and since morning though selling pressure is there it is getting absorbed quite easily...and now with 13 lac NF addition it is riding means Bulls are in driver's seat...and they would not this grip so easily is feeling...@ present in-spite of Hrly overbought condition,it is easy for them to show new top which,probably market players would not be expecting..

venkatapathy l said...

What is the link to google group?

LV

Ilango said...

@ venkatapathy l,

If you are a member, you click on the "More" menu in your gmail a/c and click on "Group", you'll get there.

Traveller said...

Thanks master for confirming
Now price has also confirmed :)

Prabakar said...

Dear LV Sir,

It is groups.google.com

Dinesh Rishi said...

https://groups.google.com/group/justnifty

anmpatel said...

month jnsar hit long!!!

sandeep bhoite said...

1PM hrly candle starts with open & high same
5144.25

sandeep bhoite said...

I was expecting open & low should be same

anmpatel said...

1pm update please master. thanks

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Update at 1:00 PM

Thanks & Regards

Vipul Rastogi said...

Great Mynac! Your assessment came out true.

Kranti said...

But the Hour Open /high / low same has not worked today.. But this hour the rising wedge resistance may make it work..Lets see

venkatapathy l said...

@ Ilango

Thank you very much sir.

Regards,

LV

venkatapathy l said...

@ Prabhakar and DR sir

Thanks a lot.

LV

mynac said...

Dear Vipul Rastogi,
Kbhi kabhi goli nishane par lag jati hai.. baki jyada kuch nahi...

Dear anampatel,
Though Nifty has potential to show even further mew top, the journey shall not so easy...to keep present momentum now Bulls shall have to push Nifty up and up only,atleast 50 to 70 points evryday...and it shall not be easy...

sandeep bhoite said...

5144 Is pre Market Point that is main reason as 1 PM candle open & high same for it yet

Ilango said...

PreMarket View:

For the day, weakness would be below 50sma-5086(Day pivot).

Immediate resistances @ 5124+20="5144".

Ilango said...

I would remove "b" label if 5144 is crossed "firmly".

DKG said...

@ mynac,

What is status of KST?

Prithvi said...

Master,

I had send mail you NSEI weekly chart
So please find that and share your view.

subho said...

hello @DRsir I HV A QUESTN SIR.... IF FMACD GREATER THAN SLOWMACD SO BULLISH ..IS IT RIGHT SIR??? PLSS SIR EXPLAINED
I FOLLOW SIR 15 MIN ORB ..IF ANY STOCK MOVE ABV ORB I BUY BUT CAN WATCH IF SUSTAINED OR NOT

mynac said...

Dear DKG,
Both Daily & Hrly.Indicators are in clear-cut up trend @ present,..Nevertheless 35HrD not favorable,is understanding.

Kranti said...

Ilango is ZEN master at work.. Think he knows some additional magic to judge these levels which he is not revealing

Dinesh Rishi said...

subho

Plz dont type in capitals

regarding MACD I dont use it, I use SMA and using MACD with SMA is using same-thing twice.

regarding ORB if the trend of stock is up
ignore sell signal

STOCK4SURE said...

Bearish WW emerging in ns and bank nifty charts
trgt 5085 and 10050 near eod

satheesh said...

Bank Nifty Hour Harmonic chart:
Click Here

Bank Nifty has almost completed a Bearish bat Pattern and 14 Hr RSI and Hr smacd chart exhibits -ve divergence. Caution with Longs

Unknown said...

what is the implication of hitting month jnsar at5137 today?
rajan

subho said...

so drsir if orb is up....can i buy? so wat is s/l?i put 15 min low is s/l is right or wrng sir?

Randhir said...

Dear Sir

Is their any possibility that upmove starting from 4995 is creating diagonal with contracting line....This may be too advance to say hence seeking your advice.

Thanks in advance for your reply

Ilango said...

@ Prithvi,

I have been posting these charts for a very long time. You may find them in "JustNifty TA" file, link for which is available at the top right corner of this blog.

These are possibilities in week T/F.

We, mostly, follow prices in Day & Hour.

If that happens, we'll be in that trade.

Yash and Dhan said...

Sir each and every trade today was loss.
It is days like these where I understand the value of JNSAR.

Dinesh Rishi said...

subho said...
so drsir if orb is up....can i buy?

Yes you must

so wat is s/l?i put 15 min low is s/l is right or wrng sir?

Its right but if 15 mint range is bigger
keep 20 point SL

& if trend is up and ORB breaks down
buy @ low with the help of indicator you can use Sloc stock on 60 mint chart

satheesh said...

5154 NS is 44.7% retracement for the Fall from 5629 - 4770. As Per harmonics this is an important ratio.

Nifty Week harmonic chart:
Click Here

Ilango said...

@ Yash and Dhan ,

Intraday Trades are best done based on "Supports & resistances". That way risk to reward becomes favourable to you.

Needless to compare, JNSAR would bring in risk-free returns steadily.

Prithvi said...

Master,

Thanks for reply

mynac said...

Below mentioned "5121-28" shall it be again day low today ? Let us see..

SURESH NIFTY said...

For ME & Yash & Dhan,

*Determine the the TREND---JNSAR
*Determine Support---- TECH TABLES
*Determine Ressistance-- TECH TABLE.

skmishra said...

15min chart, raising wedge breakdown<- just an obsn, no trade to be done with my obsn.

chetas said...

Shriram!

To my eyes the waves look like this,
Wave 1
wave i - 4770 -4898 = 128 pts,
wave ii = 4898-4848 = 50, doing 38%
wave iii ended at 5124 = 276
wave iv ended at 5015 = 109 doing
Wave v ended today at 5144 = 129 = wave i,

Now we start wave 2, what u say/ see ?

Nilesh Patil said...

@satheesh mam,
Thanks for the chart. it helps me lot.

Ilango said...

When you see your "resistance" number flashing on screen, you are looking for confirmations instead of acting.

Confirmation comes after the fall.

Read......."Supports and Resistances" if you want to excel as a trader:


Supports and Resistances

anmpatel said...

@mynac
what is 2pm KST? still increasing?

buggie advani said...

Rohit shrivastva is update

http://screencast.com/t/Fw2uBTp4v

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