Monday, June 18, 2012

Nifty Intraday Update-II



85 comments:

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

@Ilango

Could we take the JNSAR trigger at 5071?

shriram said...

recalib @ 12:00noon

@ Day TA --> Dev. 5DEMA has turned DOWN

@ Hr TA --> 5hrEMA = turned DOWN

@ 30mins TA --> 2 closes < 34EMA

Downside will get more confirmation @ 13:00 hr , if we close < 5050 (5-10hrEMA will generate a BEARISH x-over)

shriram said...

** aargh,, again typo

5-10HrEMA Bear x-over on Hr close < 5080

v sorry , today am out of typing form :-)

nifty rider said...

@ashish
can we now consider that wave E started from the high of 5700.i burnt my finger becoz i considered wave E started from 5020.....

POWERTRADE said...

4960 awaits --- Monsoon cheers :)

eevra said...

@indu: it shd be 5055 . 5071 may be ok only towards the last session of the day

POWERTRADE said...

Now 5137 --- china wall :)

shriram said...

@ ashish,

widin this last 3-wave "e" which shud b a ZZ,

MAX "e".c can do is 1.618x"e".a (as per Prechter)

This MAX was 5168... which i was referring to

Lets keep this discussion after market hrs... Need to see the charts again before making any final firm lables

For now am short @ 12:00

Kumar Technicals said...

Dear PT!

Not only 5137, now 5125-5115 also too heavy & below 5047 sail for 4950-4900...enjoy fall now. JNSAR also will favour bears below 5055:)

POWERTRADE said...

@Kumar Sir

Thanks a lot and summa ameen :)

shriram said...

kumar sir,

Pranaam! aap BEAR ban gaye ... aaj to jaise suraj paschim se uga ;-)

Ilango said...

@ Indus,

Yes. Now that half the day is over and it is the bounce point. Hence, the break of the same may be taken as a trigger.

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

@Ilango....many thanks

Kumar Technicals said...

Dear Shriram!

I mentioned on friday if 5120 broken then i will change my coat immediately so below 5115-5125 i shifted in bear camp without any hesitation. I follow price behaviour first then news, then waves & then fundamentals etc. etc. so now i am in PT's camp & once JNSAR will give booster dose then i will be a roaring bear:)

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

If there has to be a rally, this is now the perfect time. Last week, too many people were expecting a wave 3 up here, which is unusual for the start of a third wave. Now that people are turning bearish...........................

:)

shriram said...

yes ashish... looks good as u say

Lets keep eyes on 34EMA to support the lable now

Fibbo guidelines are a mine-field if used stand alone basis !

santej said...

it is giving respect to alot of averages here

shriram said...

kumar ji,

ur system follows soemthign similar to 34EMA ?

5115 is exactly that level !

Kumar Technicals said...

Dear Shriram!

Why my system only, check here Master's posts again. ILango sir mentioned so many times importance of 34EMA on any time frame so no doubt about 34EMA. You are doing wonderful job so keep continue....

shriram said...

aare nahi Kumar ji,

aisa na sochein.. Sawal ka matlab ye tha kei App agar kuch alag TA FACTOR dekh rahei rahein hein to bata dijiye

Any add. know-how will help earn $$$ :-)

Prithvi said...

Sanjay jaiswal Sir,

Please update Open Interest update

POWERTRADE said...

@Kumar Sir,

Ameen :)

Kumar Technicals said...

Dear PT!

Ameen sir ji....ek choti moti rally la do thoda aur maal dhulka doon...Sujatha aur Anil ne to poora truck short kar diya hai:)

POWERTRADE said...

@Kumar Sir,

Dopahar ko rally to ani hi hain fir se short karenge :)

Kumar Technicals said...

Dear PT!

Moti qty chooti hai 11am par so ho sakta hai pahle JNSAR trigger ho jaye. Mynac aake ab roshni daalenge high volume trade par tab kuch raasta dikhega:)

parminder said...

Dr Kumar, mera bhi naam truck mein likh lena i will also sit there.
'Regards

Sujatha said...

kumar sir - ga :)

some time pass "bullish gartley" just keep an "eye" and "newcomers" stay away from my post nd others "compare with seniors"

Bullish gartley - 5029/4980/4930/4860 respectively - 38-50-62-78% specialists will dig more.."am bachha in charts" :( this is calculated from 4770-5190.

Bearish Gartley - 5190-5068 of today's intra =
5115/5129/5143/164 = 38/50/62/78% so here comes kumar sir's NO. 5115 + shriram's. Me already with "Mayan" :) so should be careful with 5115???

Manish said...

Goodafternoon master and all JN friends

Hope you all had a Great profit after the zig zag completion.

BN as per the stock wealth has crossed it's JNSAR.Trading below the same now.

Thankss !

Ilango said...

Tata steel has been strong after a 5-wave decline from day's high.

It would signal weakness only below 419.

salimkabani said...

Sir
C has been removed from chart. Now what is ur expectation after e @5068.
Pl guide.

Kumar Technicals said...

Dear Pam!

Truck to aapka hi hai, hum to sawari hain. Convey my regards to Bhabhi ji, i read her comment here when i was viewing old comments on weekend. Its a great honour to us that she posted here.

Dear Sujatha!

FM upset with ur puts buying, can you cover your some 5100 & 4900 puts for some time then he will be little happy:)

shriram said...

re-calib @ 13:00hrs

Close 5hEMA 10hrEMA
5,080.00 5,128 5,122
5,089.00 5,115 5,116

BEAR x-over in place !!!

POWERTRADE said...

@Parminder @Kumar Sir,

Mene bhi truck unload kiya so again load karna hain

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

sir can you give count for move from 5189 till now

parminder said...

Dr Kumar, kyon mazak kar rahe ho sir hum to driver hain malik to aap log ho.
Regards

Anil said...

@kumar sir,

aap bhi...yes sis expecting this one...lets see aapka 5115-20 mubarak ho...par plz keep it below 5139 else i will be screwed...waise i booked once near to 5070...as 5054 was closing of 14th june..and on 15th we opened gap up and travel till 5145...

parminder said...

Ye lo PT bhi aa gaye hain truck to maal gaadi banane ke liye.
Regards

STOCK4SURE said...

india vix has given a breakdown from triangle pattern

below 22.2 may trgt near 19 levels

today got supp at 22.25

Amol Sharma said...

In down side 5054-45 then 5015-4995

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Update at 1:00 PM

Thanks & Regards

Ilango said...

@ salimkabani,

If trend remains intact by EOD,(and markets hold 5071) uptrend could resume.

Barring few stocks, the overall price behaviour is "DOWN".

Keeping below 5110(21 & 34 hr smas), it is weak and potential downmove towards 5000 or lower..4950.

There are 3 possibilities labelled in the chart. At such times, take your trades based on Tech.table numbers.

Let it get more clearer.

It was clear till this morning but the drop to 5069 today has brought in few other possibilities. Let us respect it and make our trades cautiously till clarity emerges.

Nilesh Patil said...

Bear Flag on 5 min chart. breakdown below 5070.

Kumar Technicals said...

Dear Anil!

Hum saare plus rah gaye aur aap aur Sujatha maal short kar gaye. Good trade, keep continue....your 5139 is more reasonable & i would love to keep this as SL on EOD basis today:)

pcsmitpra said...

Hello Master,
Hi PT, Sujatha, Sanjay, ShriRam, Ashish, Kumar sir, DR sir, and other warriors.

POWERTRADE said...

pcsmitpra


Good Noon :)

GaneshaSays said...

Whenever markets take time to fall in a bearish scenario, it eventually means more downside as big players want technical indicators to rise some so that they can dump the markets further. I feel the next fall will start from 2.30 PM onwards.

Prabhat said...

@Kumar Sir: great to have you in the bear camp. My tgt is 4900 for this friday unless the Euro natak mandli does not bring about a new show.

POWERTRADE said...

@Prabhat

The last of positive news are out -- market disounted today the news as the rally was done last week --- buy the rumour sell the news and
today the news got sold off

Sujatha said...

Anil - very much grinding.. "as said by sir trade cautiously is impt" is it possible to give another -75 pnts?? or tomorow is my Q yeah.positional SL is good :) me before your 139

Kumar sir - outgoing FM or Incoming FM hehe lolz

PCS - GA :)

Kumar Technicals said...

Dear Prabhat!

Mujhe fudak ke aane me der nahi lagti, der karne pe ye mkt bahut saja deta hai aur time pe implement karne bahut maja deta hai. Once JNSAR will trigger, it will give 100-200 points smoothly....

Amol Sharma said...

now bearish voice rises

RICHARDSDIAZ said...

PT sir I am waiting for 4950 to break for real bear tandav.:)

Sujatha said...

Prabhat - break karo 9618 of BN enjoy the fun :) but v should be careful here too :P grind here will give us 9580 :)

Sujatha said...

Richards - pls. do u have any level or idea will it break 4950 decesively???? v know ur "weightage" of your views tks n advance

Nilesh Patil said...

@prakashbkc,
That is tomorrows Jnsar,
Day close below 5072 you may take as JNSAR short. right now 5055 for today jnsar

prakashbkc said...

Is JNSAR of 5072 hit should we go short?

Indus said...

@Nilesh

Read Ilango's comment above on JNSAR

prakashbkc said...

Master shown on chart JNSAR of5072

Kumar Technicals said...

Dear Amol sharma!

Bearish or bullish but here u will always listen voices bcoz we all followers act 1st & then enjoy our act:)

DKG said...

JNSAR Trigger???

Sujatha said...

Nilish - ji - then prayer is "Om Namo NamaShivaya" for JNSAR - sake

RICHARDSDIAZ said...

@sujatha its wait and watch my take was max 5290-5300 in this upmove and then break below 4950 for 15% cut. so lots of ifs and buts at the moment.

DKG said...

Yes, low made 5068.70.

shriram said...

back from sapaad -->

Sujata amma: tell honestly, wot did u "secretly" instruct to subbu ?? ;-)

Nilesh Patil said...

@Indus,
Sorry,
That means Jnsar trigar.

GaneshaSays said...

From price action, it seems there is some cooking going on to 'prop up' as NF not falling below 5065 convincingly. Shorts have to tighten SL?

GaneshaSays said...

it broke now 5065!

RICHARDSDIAZ said...

jnsar will keep us in the hunt whichever levels have to come :)

Ankur Agarwal said...

Got some Market E Books . anyone interested, than i can upload them at my website and share the link here.

Mr Illango:with your permission sir.

buggie advani said...

guys where is DR sir
hope all is well

shriram said...

Dear Ashish

Shorts from 12:00 noon are working!

now its clear Dev. 5DEMA is most likely gonna Turn DOWN.. time to MORPH ur SHORT intra-trade swing & carry to tomo

Ofcourse lets wait till 3:00 to take final call :-)

chetas said...

NF gap filled , ns gap fill will be 5054 levels

Nilesh Patil said...

@Sujata Sis,
You r a great trader. Tusi great ho. Till i didn't get your levels but i smelling it right. Your study is amezing.

suresh said...

vix dn, index also dn: a reverse phenomenon
today.i.e directly proportional 2day

Amol Sharma said...

market tank - 1.5% ; but 4900 put also in -8% at 27. This is magic of Implied volatility (IV) Am I right ?

Manish said...

@ Master

With JNSAR at 5072 and filter of 20 points can shorts being at 5052 can shorts be carried for tomorrow ?

Manish said...

HCL tech is down by 4.5%.

One of the stongest stocks in IT

Amol Sharma said...

JNSAR trade opened.

Post a Comment