Friday, June 15, 2012

Nifty Intraday Update-II



69 comments:

teejay said...

Revesrse H&S pattern visible in 5 min Nifty chart on Google finance... Lets see if it breaksout above 5100.

Vipul Rastogi said...

200EMA resistance overcome. Expecting Nifty to scale up 20 points i.e Tgt 5125.

Ilango said...

CDG said...
@Ilango,

Isn't the zone between DHEMA(5106) and DLEMA(5044) should be considered as trading zone. if this is correct then one should SHORT above 5100 and LONG only around 5050.

------------------------------------
Nifty did not reach DLEma. It happens during uptrend. One day close below 5ema isn't enough as week's trend is still UP.

DHEma + 20 would be 5140.(Trading mode till here)

You have a good trading range for the day, considering JNSAR trend being UP.

Rajvada said...

surprising that Nifty and USD/Re both going in the same direction for last 45 Minutes !!!. Difficult to understand.

STOCK4SURE said...

200ms which resisted earlier may lend supp now
5102ns

suresh said...

sir ji,
the following is 100% applicable to YOU
" better one day with a great teacher
than with loads of books"

Shradha Saburi said...

@Rajvada
jab trend change hone ka time aata hai to done eak sath bhagate hai.

Nilesh Patil said...

श्रद्धा सबुरी,
कोणाचा ट्रेंड बदलत आहे

cooldent said...

DR sir

Give high 5

shriram said...

minor 30mins RES zone @ 5117

ABC count re-calib from 5048

a 5048 5096 48
b 5096 5077 -19 -39.6%
c 5077 5117 40 83.3%

C has done the min 0.681xA, will we get the reversal @ 5117-5125 ??

Rajvada said...

I think Gora Log dollar se Re. buy karke Nifty Puts ikattha kar rahe he !!!! Ha Ha Ha!

Kumar Technicals said...

Aggression only moves in one direction, it creates more aggression. -Margaret J. Wheatley

Shradha Saburi said...

@ निलेश पाटील
बघा मार्केट मध्ये जेव्हा गोंधळ होतो तेव्हा. त्यानंतर सर्व भानावर येतात व आपल्या चुका कळतात.

Dinesh Rishi said...

cooldent

http://display.cuddlycomments.com/5/67784e2d21d1dd2d3.jpg

Prithvi said...

DR Sir,

Can i go with call/option buy at this time with qty.trade when uptrend contd.???

CDG said...

the 62% retrace of fall from 5144 to 5048 comes around 5108 and 80% is at 5125.

shriram said...

If counting Up move from 5048 as a bounce to 5144-5048

Fibbo ke padaav aise hein
61.8% = 5107
76.4% = 5121

5107-5121 & later 5146 are v critical to sustain the Up move

Break below 34EMA @ 5092 for 2 hlf hr candles , will shift balance of power to Bears
Lets c...

parminder said...

Written outside a surgery unit:
Agar dil khol lete yaaron ke saath
to aaj kholna na padta auzaron ke saath.
sharing life with friends

mynac said...

Afternoon Everybody,
Since last 2-3days cannot spend more time with you friends...Busy with routine work..

Today 10lac plus Nf o.i.addition & Huge 7 lac plus 5100 PE addition looks quite interesting and impressive from Bulls point of view..

Nevertheless every time follow up Buying above day top will be need of the Hr.

cooldent said...

prithvi

options=WMD

anmpatel said...

ek baar ek hospital me ek doctor ek patient ke piche danda leke bhag raha tha. kisi ne puchha kya hua doctor saab? doc bola...har bar neuro surgery karani hai bolke admit hota hai aur jaise hi baal kat lete hai sar ke fir bhag jata hai!!!muft me har bar hair cutting kara jata hai!!
nice linings parminder ji.

anmpatel said...

@mynac
OI specialist

if i want to hedge my 2 lot NF long created around 5077. which strike price put i should buy. how much lot? thanks.

prahalad said...

Good morning all!

Tensed waiting for 3rd leaves adrenalin runs at full speed. Have a similar feel of waiting in a ticket counter to watch first show of rajini film :)

anmpatel said...

@prahalad
a/c to master when nifty crossed 5097 its already start. i am new to EW count but this is i of 3 or C. please correct i am wrong.

anmpatel said...

patience my dear patience.....

mynac said...

Dear anmpatel,
Dear kumar would guide you in proper way in that subject.. am not familiar with hedging...

Used to watch O.I.activity for probable up - down move possibility only...

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Update at 1:00 PM

Thanks & Regards

CDG said...

@Shriram

This area between 5107 to 5025 seems to be really trouble some. if it is iii this should have been cleared swiftly. Don't you think?

anmpatel said...

@master
i could not understand red A and B.
please guide.
thanks

anmpatel said...

dear KT
if i want to hedge my 2 lot NF long created around 5077. which strike price put i should buy. how much lot? thanks.

shriram said...

@ CDG

yes, but EW labling esp on the FLY is FRAUGHT with RISK

Thats y , safer to rely on 34EMA.. breakdown below 5092 for 2 hlf hrs, will confirm this doubt wich u raise & wich i also suspect of :-)

Prabakar said...

Good Aftertoon Mynac

mynac said...

GA Dear Prabakar...

sushil said...

good afternoon all

Ilango said...

Bulls has "NOW" to press the "Pedal".

sushil said...
This comment has been removed by the author.
mynac said...

Dear Ilango,
Because,now they have no any other option left here... They will have to show new top with big margin...

sushil said...

To mynacsir,
5200 CA O.I around 68 lac
and 5100 PA O.I around 36 lac
sir which one should we give importance

mynac said...

The move is very much before time.. It was expected in last Hr.,Let us see.How they are going to handle the situation...

pcsmitpra said...

Hello Master, Mynac, Sanjay, Sujatha, Cooldent, Amol, Sushil And and DR and Prabhakar sir.

PCR at 1.700!
Is it time for great Fall??

shriram said...

first hint of weakness wud be below 5110-5101

Strength > 5146

Till then chill , Cu all after sapaad

mynac said...

Dear Sushil,
From Bulls point of view 5100 is more important because again Nifty would come closer to HRly.overbought condition rather fast...

anmpatel said...

@pcsmitpra
PCR 1.2 to 2.0 is bullish. below 1.2 or above 2.0 long at risk.
thanks.

mynac said...

Dear pcsmitpra,
Thanks for your timely input..

parminder said...

master
1 pm update

Kumar Technicals said...

Dear anmpatel!

As of now 5100 put is best option to hedge longs, it will restrict losses if long trade goes against anyone. Best profit only then if main trade goes in favour, mean NF must gain in decent manner next week:)

Ilango said...

Bulls have chosen to have Correction for the 5077 to 5120.

Upto 5099 normal;
Upto 5093 golden ratio is OK...but Not below it.

anmpatel said...

@KT
should i bot equal means 2lot put for 2 lot nifty? thanks.

Prabakar said...

Dear pcsmitpra,

There is a reduction in 5000 and 5100 PE OI from the high of the day.

But if NS able to move & sustain above 5116, then may be a chance of new high.

Prabhat said...

PCR @1.6 is still healthy for a rise. Wonder what is due for next week. 4800 or 5350? For me in case nifty crosses 5165, then rocket straight to 5350. If 5005 breached, then straight to 4840.

As master always says that Friday is the trend assertion day, it began with a +ve note & will end on a +ve note. If closure is above 5100 then its trouble to bulls & I will start to worry.

If closure is below 5065 then bears will be woken up.

Whenever I pray to God, the opposite will happen. So let me pray this time that nifty has a strong closure.

STOCK4SURE said...

bouncing again from confluence of 200ma and 55ema in 5 day 5 min charts

sushil said...

addition is going on in 5200 CA

ToT-Amit said...

Fast rise set up... supports 3rd wave

CDG said...

its nail biting match..

Shradha Saburi said...

@निलेश पाटील
मंगलाष्टक पूर्ण होत आली आहेत तेव्हा वाजंत्री सावचित्त
आम्ही office ला जातो सोमवारी वरात काढू

Hitendra said...

hi friends,

nspot trading above daily, weekly & desar. weekly pivot & jnsar.
ut.
new high looks possible once 5125 is taken out

Kumar Technicals said...

Dear anmpatel!

Always equal, if you are hedging ur NF with options. If selling Out of money options against ur In the Money options, only then quantity differs.

sushil said...

To ALL,
on my screen some of the nifty stock show some flashing number on sell price column.
yesterday LT flash rate 1325 and today LT 1322.80 HIGH
SAME WITH ICICI
believe me flash rate are seen within 2-3 days

Dinesh Rishi said...

Bulls last chance 4 u

http://f0.bcbits.com/z/20/60/2060917304-1.jpg

Nilesh Patil said...

श्रद्धा सबुरी,
चालेल

Nilesh Patil said...

@Sushil,
Now what is flashing in your screen.

sushil said...

To nileshsir,
flash rate are seen between 2.00P.M -2.30 P.M

Prithvi said...

DR sir,

The trend is UP, than why this kolavari dee??

Piyush Sharda said...

@kumarji, ampatel

the nifty range today is 57 points and the 5100 pe range is 26 points. so if we go for equal qty
can it cover the loss in points terms if it arises or shud we go for 57/26 ratio ie approx
2 puts for 1 nifty

SANPOT said...

Ilango Sir, after a 5 wave upmove from 4770 to 5144 is this ABC correction a simple Flat?

Kranti said...

Sushil

What is a flash rate?

Hitendra said...

piyush,

think rise in nf & loss in puts.

in uptrending mkt, less protection by buying pe.

it is my understaing.

can take chance once 34 hrsma is broken.

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