Tuesday, June 19, 2012

Nifty Intraday Update-II



138 comments:

suresh said...

sir ji,
DONE AGAIN,with success,
same as yesterday,same parameters.
WORKED.
thank you

suresh said...

sir ji,
only came out early.
how to know how much time to hold one's position.
pl advice

anmpatel said...

Tatasteel going down down.....

suresh said...

sir ji,
if i had held my position for
another 10 mts , i would have got 14k more.

Ilango said...

@ suresh ,

Keep on doing whatever "works for you".

You should modify only when you gain consistently and you are confident about "necessary changes".

Holding on to a "winning trade" would come to you only with experience. There is no formula for it.

"Trailing" comes for positional only.
For "Intraday", take whatever you are able to manage while keeping losing trades to the minimum.

satheesh said...

Reposting:

BNF futures likely to fall only below 9660 - If supported here then a rise upto 9750-70 is possible - as the low 9637 of Bank Nifty SPOT is exactly the low of Hourly Channel.

Charts later.

Sujatha said...
This comment has been removed by the author.
CDG said...

5EMA is 5078 Nifty is not able to sustain above it as of now.
34EMA is 5035 long way from here.
DLEMA is 5045 and DHEMA is 5125 so Nifty is almost at the middle of this HEMA and LEMA range.
Shriram does this have any signal?

suresh said...

sir ji,
thank you

shriram said...

CDG,

As illango ji said... between Hi-Lo EMAs , Nifty is in CYCLIC mode

So... we are in a intra-day kind of corrective that is the no.1 probability

34EMA, 30mins is @ 5089...
will need min 1 hlf hr candle close > it to change stance to BULLISH,
that too only intra-day , becoz on LARGER DEGREE i.e Day TA, 5DEMA is Trending DOWN

Sell on rises continues till 5089 RESISTS for min 1 hlf hr candle...

Raghavendra Prasad said...

Suresh, as Sir says "leave something for others too".

Nilesh Patil said...

There is small triangle in 5 min charts.
breakout above 5090, breakdown below todays low

suresh said...

sir ji,
for a retracement-both ways,
how to know that the retracement has ended
and the trend likely to continue as per
the previous trend(rise/fall)

DCStrader said...

Nifty spot forming triangle can be seen on 5 min TF.
5080-5050 breakout pts.

Dinesh Rishi said...

PT

is one berth available in your compartment
4 me?

CDG said...

5089 was never reached since morning. it was 5086 which has been resisted since the opening..

CDG said...

total sell quantity is almost equal to total buy quantity. DR has earlier confirmed that this data is not trustworthy but somehow at this point of time the game can tilt in any direction.

Sujatha said...

nilish-ji - thanks give me that double digit smallest no.

Ilango said...

"Above 5079-82"(JNSAR/5DEma)", strength could return.

Sujatha said...

ha ha ha nilishjiiiiiiiiii - aagaya mera double digit smallest????

shriram said...

5089 reached & exceeded now ;-)

lets wait till 13:00 hrs

shriram said...

Ilango ji,

Any Alt lables coming to ur mind sir, from 5042?

STOCK4SURE said...

bearish WW pattern forming trgt 5065ns till 2.15 pm

Prithvi said...

DR SIR,

IS JNSAR SHORT SL HIT @5096 AND LONG TREND CONTD???

parminder said...

jnsar triggerd again
☺☺

Sujatha said...

stock4 - thoda wait karo na 2.15 ke liye before that let it complete it's target.. i am hungry

Shriram - u want Alt. lables from my side too??

NOBLE said...

@master,
For JNSAR short what should be SAR?

shriram said...

hahaha..

sujata: u pls give idlis ;-)

Dinesh Rishi said...

Prithvi

act

dont worry for 20 points SL

& Plz Plz dont type in capital letters

cooldent said...

noble. prithvi

why the confusion?
Isnt jnsar already there on the TT and the chart?

sometimesbullsometimesbear said...

This seems to be mother of all battles, both sides will not give up so easily. Let us see which side the global winds favor :):)

Sujatha said...

pichukooooooo- looks like mayan on the way?? no idlis now that's excellent show by "new moon"

see my alt. lables = My school lable and my D's school label :D :)

Ilango said...

@ Shriram,

It could be either the start of "C" wave for the upmove from 4770.

4770 to 5124=A
5124(5189)-5042=B

OR

It is just a bounce for the 5189 to 5042 fall.

raghava said...

Nifty Now above Day Pivot:5098.72 next R1:5155.73

numchar said...

5190-5042 -> 38% retracement done @5098.
To watch out 5116 50% , 5133 61.8%.
Let see does strength take the price there .

Ilango said...

@ Prithvi,

Ilango said...
"Above 5079-82"(JNSAR/5DEma)", strength could return.
June 19, 2012 12:35 PM

As DR said, don't hesitate for the 20 points.

Bunty said...

JUST FYI..with all due respect ...

Its not just 20 points, its 40 points loss, cause most of us took short position below @5055 yesterday where JNSAR was mentioned.
Today 5095 above sl hit so , 40 points loss

shriram said...

tks illango ji ...

above 5DHEMA , chances of Big C are more sir ??

Sujatha said...

either BN has to give 200 pnts + or else again downside possible????

STOCK4SURE said...

sujata mam
whats your trgt for upmove??

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Update at 1:00 PM

Thanks & Regards

STOCK4SURE said...

chg in O.I in 5100ce and pe nearly same near 9.4 lakhs
battle on for control

Sujatha said...

stock4 - cam weekly L3 and daily H3 done i booked out now thing is whether if it resists H3 intra then upmove possible or else where it's retracing is the "Q" and watch as per INTRA CAM am in short now with "my own SL"

shriram said...

ok, time for sapaad , cu @ 14:00

cheers

Ilango said...

@ shriram,

Above DHEma+ a filter of 20, momentum would return.

Our Pre-market's observation of "Swing trading mode" has not been understood well and hence the "Unpreparedness".

Kiran said...

Sriram, Now you know "What was DR sirs contra trade"...

shriram said...

right sir, tks,

time for lunch break :-)

GaneshaSays said...

What a magic! People eager to short yesterday at 5090, people eager to buy at 5090 today! Where has the effect of RBI policy gone? Sentiment, strength, power, manipulation all reflected in price. Who can dare to fight with price? :-)

SJkolkata said...

Sir,
whats the DHEMA for today

Regards and thanks

Kumar Technicals said...

Master clearly mentioned in pre-market views, weakness below 5112 only.

D R sir also mentioned, weakness below yesterday's low only.

JNSAR is a SAR, if you are not using ur brain then you must be ready to give 20-40 points sometimes bcoz it gives back 200-300 in one go:)

Indus said...

@SJK

5133 DHEMA

anmpatel said...

@ganesha
only JNSAR followers!!!

SJkolkata said...

Indus
And thats 61.8 % retracement also

Regards

anmpatel said...

fighting for 5114 5-MEMA!!!

GaneshaSays said...

Kumar sir, your blog says '5100-5125 area is big hurdle for bulls so use this one to add more shorts & stoploss will be 5145 EOD', what you are following now?

suresh said...

CAMS expert not seen now -a-days
with his levels

Kumar Technicals said...

Sorry for typo error: its not 5112...it was 5012.

J.R.Julius said...

Good Afternoon everyone,
CAMARILLA - NIFTYFUTURES
Right Now - Scenario 2
H4-5147[BUY]
H3-5103[SELL]
*Personal Decisions Advised.

anmpatel said...

@PS
now for long trade SAR is 5092-20 5072 or 5052?
thanks.

CDG said...

if this is a whipsaw around today JNSAR of 5070 then it will be a sucker rally to trap bulls at higher levels.
Just below 5089 Stop losses will start to trigger more and more downside. Lets hope that EOD is above 5095.

Kumar Technicals said...

Dear Ganesha!

Market made be one of the biggest chameleon in this trading universe, when market was not moving as per my observation in morning...i changed my coat shamelessly & gone long. Rest you can see all my act & views there, no need to repeat here:)

anmpatel said...

@master
now for longs which sl 5092/5072??
thanks.

Piyush Sharda said...

anmpatel,

sir always says 20 points sl so shud
be 5072

Ilango said...

@ anmpatel,

Last Hour Low @ 5069 coincides with "Hour channel support".

Around that would be an ideal SL.

parminder said...

now get ready again to be triggered

Pankaj said...

@Julius, how do you calculate CAMARILLA levels? Thanks!

SJkolkata said...

Master

5069 was incidentally yesterdays support as well, which took 3 hrs to break,

Regards

Vickrum said...

parminder - i don't see it's a trigger if 5080/70 holds means it's a retracment and move up again possibility is open unless the senior citizen 65 taken out decesively it's a trading market now

Vickrum said...

sorry - ON behalf of SUJATHA - power problem @ her place

Kumar Technicals said...

Dear PAM!

Dont worry, let it be triggered...more whipsaws mean big move coming. It may give you 5250-5300 or 4950-4900 soon so follow it religiously.

Amol Sharma said...

volatility ; consolidation ; time of options writers.

CDG said...

@Shriram,

Did you see that? Bulls must have been sucked in by now? what are the hr 34EMA values now? Regards

kerala nifty said...

stop losss? or next levels for selling?

Ashish Agarwal said...

PT's time has come.. :)

Prithvi said...

long sl 5070 hit

lots of updown with fast movement

DKG said...

JNSAR Trigger Shorts !!

Sourav Kundu said...

What a crack! Awesome... SL to longs would be 5050.

kerala nifty said...

im take short 5093-20+5073

STOCK4SURE said...

5066..trgt of WW pattern done

Ravindra M said...

Fast fall setup.... 13/34/200 Ema ?

DKG said...

VAH Stock4sure,

Or voh bhi 2.15 se pehle.

Well done.

shriram said...

back--> wow am I lucky or wot... SL was @ 5115 !

@ Ilango ji: tks for ur advice .. it helps, i shud hv re-reead pre-market properly!

@ CDG: its 30mins TA, 34EMA = 5088 for now

Today there was an important learning .. when price oscillates bt/wn H-LO EMAs , always book out below 5DEMA & re-enter near 5DHEMA or 5DLEMA

Active classroom this is :-)

prakashbkc said...

all seniors enjoying fall & i m hitting only SL

parminder said...

nilesh ji
☺☺
done

Prithvi said...

prakashbkc

me too hit SL

Enjoy

STOCK4SURE said...

if ns falls below 5038ns today it may develop a bullish WW pattern for trgts abv 5121 ns levels tomorrow
sl below 4990ns

buggie advani said...

me too on either side of the fence

CDG said...

@Shriram

So if NS remain below 5088 at 2.30 pm we may expect 5045 the DLEMA in a flash?
what you say? Regards

Bunty said...

in simplistic manner please let me know what I should do now if I have to follow day JNSAR ? Master only can guide us now

DKG said...

4973 calling...

shriram said...

@ CDG:

yes saw it now... am not sure on the EW lables now,

but am carrying ysdays postions..
if we close @ 2:00 & then again @ 2:30 below 34EMA< 30mins (5088 ruffly) the trade will succeed... SL remains same

SURESH NIFTY said...

Thank You ,,@ J.R.Julius ,,today my win credited to you & carmilla....thank you,,,+ JNSAR direction...plus my patience I waited until afternoon...already booked partially

nifty rider said...

bulls still have chance as long as 5037 not breached in nf

kerala nifty said...

PAK CEASEFIRE VIOLATION: HEAVY EXCHANGE OF FIRE ON BETWEEN INDIAN AND PAKISTANI TROOPS IN THE KRISHNA GHATI SECTOR.

FIRING FROM PAK TROOPS ON POONCH BORDER CONTINUES FOR 7TH CONSECUTIVE DAY.LONGEST CEASEFIRE VIOLATION IN YEARS.

Kumar Technicals said...

If one is using TT properly then he/she will be catching most of the moves rightly today, if using only JNSAR then do not watch other things. JNSAR will take care all other things ultimately, it will keep you on right track finally bcoz it includes avg true range itself.

CDG said...

@shriram,

What is your stoploss. wasn't it hit today at 5108

SJkolkata said...

Kerela Nifty,

Ye to hona hi tha, 2-3 days back drugs worth 85 crores were seized while crossing over from pakistan border.

Its a huge amt for any1 and any govt also in this time of crisis.

Regards

shriram said...

actually CDG, to be honest...

If i had been in front of screen i close the SHORT trade if Nifty trades for 2 half hrs > 34EMA

Lunch saved that from happening today .. thats the real brutally honest answer i guess :-)

Wot EW lables are u seeing now ?

ilango said...

Charts are not uploading.

3.00PM Hr JNSAR @ 5076

parminder said...

hi Shriram , why was the stoploss at 5115.

prakashbkc said...

After seeing channel support in chart of master & now JNSAR is 5079 i m fearful to short though nifty at 5074<JNSAR. any advice from master seniors

kerala nifty said...

SIR NOW IM SHORT TAKEN @5070 LEVELS WHICH LEVELS IS JANSAR DEVELOPED?

shriram said...

Hi parminder,

June 13th, 14:00hrs ka 30min candle REAL BODY close , the highest fall-arrestor level = 5115-5116 :-)

Nilesh Patil said...

@mynacji,
Where are you? Miss your open interest analysis and view at this crucial levels.

cooldent said...

prakashbkc

Not a senior. But one advice. If trading jnsar follow the number.

Prithvi said...

DRSIR,


can I short now ??

shriram said...

alos the 50% pt for retracement of 5189-5042

5189 5042 -147
5042 5115.5 73.5 -50%

prakashbkc said...

I too shorted nifty at 5070NS

Amol Sharma said...

But I got loss today in futures not dare to take long and close shorts in losses.

parminder said...

Thanks shriram for the information.
☺☺

Indus said...

@Ilango

Totally lost today....currently short as per JNSAR
Could you give your inputs...will be really helpful

ToT-Amit said...

Sir,

Yesterday JNSAR triggered short.

Today JNSAR triggered Long with filter of 20 points = 5090

now the SL of this long should be 5050 (5070-20 points) which is saved till now.

I have kept SL at 5040 = yesterday's low.

am i following it correct or shall i need to review it.

parminder said...

master , now i dont believe that Jnsar will trigger again.
Kindly guide

Bunty said...

today we saw more that two day JNSAR whispaws. Wait and watch , something big is coming up on either side, need master to comment on DAY JNSAR trend.

GaneshaSays said...

Can we have a hat-trick here?

anmpatel said...

dips are bought immediately after 2 times whipsaw i quiet. lets do it tom. thanks.

Ilango said...

@ Indus,

JNSAR trend is still "UP" as it has not closed below it "EOD" yet.

But when attempts to manage "intraday" due to volatility, one should go by "Supports and resistances "atleast as long as Nifty trades between HEma & LEma".

nifty rider said...

bears pls dont scare my little bull till 5120

Bunty said...

"now the SL of this long should be 5050 (5070-20 points) which is saved till now."

why to put 5050 as SL , can you explain Amit ? 5090 was long JNSAR today so if we add 20 points filter , SL comes around 5070 ///isn't it ?

Shradha Saburi said...

good afternoon everybody

anmpatel said...

@parminder
if we strickly stick TT todays jnsar is 5070 with filter for long is 5050. so if we create long once it long hit in afternoon. not trigger still.....ofcourse i quite after two times hit. lets see tom.
jako rakhe saiya mar saka na koi. SSA.

Kumar Technicals said...

JNSAR trend is still "UP" as it has not closed below it "EOD"....

Master thanx for these words, EOD this JNSAR may save bulls & big reward in coming days:)

CDG said...

@ Shriram

I am very modest but i am looking a retrace till 4950. thus in my opinion we are in larger B. and if don't stop at 4950 then expect around 4900 before larger C can initiate. But as Ilango said EW is purely SUBJECTIVe.

parminder said...

Congrats,
again whipsawed thrice today.
☺☺

GaneshaSays said...

Kumar sir, this is what experience brings out of you, follow the price and not assumptions!

Yash and Dhan said...

Again long. I am loving this.

shriram said...

@ CDG,

thanks... so it is!

@kumar ji: u may be right ! EOD close > 5085 will turn 5DEMA UP again!

My SL is about to POP :-(

Sujatha said...
This comment has been removed by the author.
Shradha Saburi said...

todays quote recieved

Life as we find it is too hard for us; it entails too much pain, too many disappointments, impossible tasks. We cannot do without palliative remedies.
-- Sigmund Freud

chetas said...

what i see is abcde done from 5042, 5086-5047-5108-5058-5106, so breking 5060 levels can go down, is this correct reading ?

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