Tuesday, June 26, 2012

Nifty Intraday Update-II



104 comments:

shriram said...

@ Ilango ji,

Pls guide on the intra-day wave lables sir ?

Ilango said...

@ Shriram,

It resembles a "iv"th wave completion.

If complex, it could get choppier.

Shradha Saburi said...

@ Nilesh Patil
Me long madhye aahe fakta ek mini nifty long keli
ticha stl triggered zala.neutral be alert it can be anybodys game.
regards!

Sujatha said...

Nilesh - ji.. mm.. hehe that's y changed coat @ 5sma :) if at all NF brakes 5100??? huh then nice 60-70 idlis spot should break 107 Now only cooker blowing whistle :( let me see which nifty is "whistling"???

Sujatha said...

read it "see which side" nifty is whistling??? will join after cooking and eating SAPPAD :)

Nilesh Patil said...

@shradha Saburi,
Mi ilango saranchaya premarket pramane vikala aahe. sl h3 cam.

Nilesh Patil said...

@Sujatha Sis,
Pls break wl3 now for hot idalis.

Shradha Saburi said...

@ Nilesh Patil
hold it do not worry.
above 5040 be long

Randhir said...

Dear Sir

Since today morning whenever i refresh this page it ask for Userid/password with a message Connecting to tracking.sitemeter.com

It happened thrice today but first time ever since I visited this site.

Is their any way to overcome this.

Thanks

shriram said...

@ ilango ji,

thank u.

wud the higher degree "C" in play from 5195 lable gain prominence, in case 5050-5089 zone is protected EOD sir ?

NOBLE said...

@ DR sir,
if long on bank nifty than waht should the s.l. / SAR..

Ilango said...

@ shriram,

Going one more cycle lower:

From 5130.80 to 5117.45, a "5-wave" done as "i" of 5.

If restricted at 5126, it could resume the "iii"rd of 5. (5128=80%)

Prithvi said...

Good afternoon family

shriram said...

@ ilango ji,

u just plucked the words off my keyboard !!

if so, 34EMA will hv guided well today :-)

CDG said...

Seeking support near 5114-15 again the 10DMA

below it is 5110 JNSAR. and then 5093 the DLEMA

Ilango said...

@ shriram,

For the "Bearish" scenario, this week's close should give some signal...like a close below 5074.

Ilango said...

@ shriram ,

I have swam thru' almost all methods & systems and it always amazes me how they work in harmony.

Hence, having one or combination of 2-3 would suffice to guide us thru' all the maze of the market.

INDIAN AUTOMOBILE INDUSTRY said...
This comment has been removed by the author.
Dinesh Rishi said...

NOBLE

SL is 50 points for BN

sushil said...

Good afternoon master and blogmates

shriram said...

@ ilango ji,

sir, reason for hinting on Alt C down from 5195 is ...

Longer period MAs on 30mins / hr TA are FLAT from 11th june (from 5125)

Does that co-relate with a explanded FLAT lable as:-

5125-5042-5195-5121** in play DOWN sir??

anmpatel said...

@master
what will be 5024-5093 channel support? thanks. i am on mobile.

CDG said...

@Ilango,
just a query? if we are in larger "C" (which is most probably impulsive)and if this correction is 'ii' of C then how much time this 'ii' should take to be over.
More generally what is the time ratio of a '2' to a '1'

Ilango said...

@ shriram,

You have a valid reason there.

Week Lead indicator is above 80 mark(@ 90). If the consolidation doesn't get resolved this week with a break-out, the chances of breakdown....owing to Nifty's "own weight" increases.

buggie advani said...

guys some reading material on Europe

http://www.elliottwave.com/affiliates/featured-commentary/imagine-the-worst.aspx?code=50753

Ilango said...

"5126"-61.8% retrace of 5030.8 to 5117.45 is done.

Piyush Sharda said...

sir we have not yet done 38% of 5195-5102. maybe this is just a wave frm 5102

Kranti said...

Dear Ilango.. in your reply to shriram on the weekly lead indicator what time frame you are looking at ? Please let me know as i am looking at 14 period which is right in the middle..thanks

J.R.Julius said...

Till no valid Camarilla Entries!
repost:
Camarilla Key Levels
Nifty Futures
H4 5167[BUY]
H3 5138[SELL]
L3 5081[BUY]
L4 5052[SELL]
Trade at your own Risk.

Ilango said...

@ anmpatel,

5042 to 5093 extended trendline

support @ 5080(Approx)

Sujatha said...

Nilesh-ji - mm.. believing in my "mayan" and changed the coat. now really confused how saburi-ji calculated 5040 abve long ofcourse technically he is right but v r little far(t) away from there na??? again action may come @ noon only it seems :P pity me - running between
"desk to kitchen" :(

Ilango said...

@ Piyush Sharda,

It is possible. Mid point crisis is not yet resolved. It could go either way.

@ Kranti,

5 period lead indicator is @ 90+. For a weekly T/F, it is good. Having 14 period along with 5 period makes you take a cautious stand on 5 period signal.

anmpatel said...

@master
sir i was asking about the small blue trend line around which consolidation going on since morning. you wrote about red which is clearly visible.
thanks.

Nilesh Patil said...

@Sis,
Shradha Saburi mean to say 5140 not 5040

mynac said...

Afternoon Everybody...
Though JNSAR triggered short, Market is not falling… Why???
Following is one of the observations:
On 18Th June, July NF O.I.was around 25 lac and there after since 19Th June Nifty is trading and closed above 5100…
@ Present July NF O.I. is almost 1 Cr…means out of that 1Cr.O.I. 75 lac rollover is above 1 Cr. So 5100 has become very much important here for those buyers, so they will and will have to fight here to keep Nifty always up and above 5100…to save their positions…

Deepak Jain said...

Mr.Piyush Sharada!

May i know that JNSAR is long or short now? As per +20 points theory,stoploss triggered for shorts & its long now.

Deepak Jain

J.R.Julius said...

Anyone Knows about what is Mayan?

as per I heard
1)civilization
2)ancient astrological tool

சுஜாதா அக்கா..........

shriram said...

back -->

@ Ilango ji: tks sir

@ mynac: thats a gr8 obsv.. but may be they pushed up NS to Short July Futurz @ higher levels ?? In that case how wud u analyse ?

mynac said...

Dear Shriram,
@ the time of expiry this "cunning move"is always expected because then only the tech table shall get totally disturbed...:)

Shradha Saburi said...

today nice analysis is going.
keep it up Gems Of JN

Sujatha said...

Nilish - ji - sorry .. OK...so he is saying "5140" above +ve right??? in that case i too agree but feeling is "one breakdown pending" and as per my confusion "v r very far away from the month's low will the biggies allow the close @ this much high"??? let me see wat my mayan holding for me

Piyush Sharda said...

@deepak jain,
prices are moving around jnsar. in the morning
sir gave a writeup on sar in comments section.
pls refer to it. whatever u r long or short
remember 20 points sl.
i remember sir's premarket as day is short
on rallies

buggie advani said...

guys a riddle some time pass


What can you catch but not throw?

shriram said...

hahaha... mynac, tats a good one ! :-)

Dev. 5HrloEMA @ 5115 supporting the dips... corrective still on

Time for sapad, enjoy ur meal, cu @ 14:00hrs

mynac said...

Dear Shriram,
As well as to keep small players faith in “Up-move” it is necessary…otherwise how they can fool us? :)

parminder said...

Julius Sir,
The best interpreter of Mayan is Sujatha Sis who has cropped up with mayan otherwise u r right its an ancient civilization which even said 2012 Dec is end of the world

chetas said...

@ Julius,

Sujatha Akka never replies queries about Mayan.
Few days ago she never replied my queries on mayan, i reposted and reposted and gave up.

May be she will reply to u in mail but not in blog, so that she can keep her secrets, and eat all out Sl

GRRRRRR

nifty said...

Catch the bus.

buggie advani said...

guys a riddle some time pass


What can you catch but not throw?

STOCK4SURE said...

will nifty repeat its 21st june performance today also??
last 1 hr near 60 pts up

Anil said...

@sujatha

BN holding it...u must have seen it...
anyways... yes down levels waiting, but expiry jitters are keeping me to trade lower qty...and TGTs too...

Ilango said...

Nifty has closed "Each hour since this morning above Day JNSAR-5110"...........That is strength.

mynac said...

Dear buggie advani,
Pl.Hold your breath for correct answer... :) Nice riddle..thanks.

buggie advani said...

the answer is
A Cold

Sourav Kundu said...

Dear Sir,
Thanks for your observation... very true. But at the same time the SL for the shorts is also not being taken out...

So much to learn from the markets... I'm loving it.

mynac said...

Dear Shriram,
Will it go towards DHEMA for that cunning wish ?

Kranti said...

Thank you Ilango Sir

Amol Sharma said...

implied volatility goes down sharply in last 45 min

sometimesbullsometimesbear said...

According to Mayan calender 2012 is end of world. ஒருவேளை அம்மா என்று குறிப்பிடும்

sandeep said...

great timely warning sir

Shradha Saburi said...

OM SAI RAM!
OM SAI RAM!
OM SAI RAM!
OM SAI RAM!

Prithvi said...

Master

Can we exit from short

sushil said...

To Amol Sharma,
what is significance of implied volatility?

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Update at 1:00 PM

Thanks & Regards

J.R.Julius said...

@Mr.Shradha Saburi,

SAI RAM sir.

numchar said...

Advance:Decline Ratio

Nifty 50
33:17

Mifty Midcap 50

31:17:2

Seems like upmove undercurrent has started .
Lets see if the under current turns in to waves.

sometimesbullsometimesbear said...

JNSAR positional long triggered at 11.30 itself at sl 5130 as per JNSAR 20 points SL system for first two days. This observation is for this system only.

CDG said...

5131 isn't this 80% retracement of 5130 to 5117???

GaneshaSays said...

Heavy call writing has happened in next month's 5100 call option within last 2 hours, this does suggest to me as markets likely to fall further if not broken out on upside as expressed by master in his view. Option geeks, can u confirm on this?

Prithvi said...

Master

Can we go long???

Smita said...

:-( Out of position
Premium has increased from yesterday , that made my SL trigger at 5135 NF.

Prithvi said...

open interest also bullish

GaneshaSays said...

I meant not broken out on upside... by next week

SJkolkata said...

Yesterday @ 3pm half hourly was the highest volume candle with 39 lk nifty being traded @ average of 5131.60. this is really resisting any upmove.
Biggies who had sold yesterday will not like nifty futures to sustain above this level.
Regards

STOCK4SURE said...

india vix cracking

Indus said...

@Ilango

Pardon for digressing during trading hours...but
when u do get some time, would it be possible for
you to let me know the JNSAR for Jubilant Foodworks?

Many thanks......

Ilango said...

@ Prithvi ,

Sourav Kundu 's observation sums up the current scenario:

But at the same time the SL for the shorts is also not being taken out...

sometimesbullsometimesbear said...

Ganesha next week is too far even for a positional trader. All I know is that JNSAR is now long with sl at 5090 for now. Let us see what hpns :):)

Sujatha said...

Sir - me too watching the hr closing till 10 am even that's protecting 50% of weekly fibo too but had doubt that "this time it's cheating" ?? (overly thinking as usual) hence reversed my position from 5 sma still not convinced. check ur student's brightness - :D

1) STB - saying 11.30 it's trigger
2) ME - i done ulta position :( at that time

2.30-45 bear may show it's colour whether it's chasing bulls or bulls chasing bears or only the grinding market?? :P would like to hear a "thud thud sound" first

Saburi ji - Om sairam

Smita said...

Sir ,
If SL is not taken out then What should have been a resonable SL for ?

Thanks n Rgds

anmpatel said...

jnsar is 5116 in master charts. so SL will be 5136. so reverse at 5142 nf. still holding short as master said in morning.

sometimesbullsometimesbear said...

சுஜாதா நீ பெரிய ஆள். உங்கள் கணினியில் நன்றாக இருக்கிறது. இல்லை ஒப்பீடு.

sometimesbullsometimesbear said...

ampatel todays DJNSAR is 5110 tomorrows DJNSAR is 5117. Depends on what u r utilizing stick to the same. I use todays DJNSAR for today.

SJkolkata said...

looks like some cheating.
Days high looks to be done @ 5133.
Retracing after high volume trades above 5130NF.

sometimesbullsometimesbear said...

Price never cheats. Price always rewards. We cheat ourselves :):)

Shradha Saburi said...

My prayer to Sai
today all should win!!!

chetas said...

Ilango Sir,

Both the red alternative and green alternative suggest a down move below 5100 correct?

Ashish Agarwal said...

5137 is 38.3% and Pivot.... let it reach there and then wait for sell on rises...

Sujatha said...

STB - இருக்கிறது. இல்லை ஒப்பீடு. ?? :P இந்த குழப்பு குழப்பறீங்க,, வருரும்ம்ம்ம் ஆனா வராது ரேஞசுக்கு கடவுளே மாயா காப்பாற்றுமப்பா 139 is H3 of CAM let me see

Shriram - Looks like i have to eat my OWN SL today??? huh..cursed me?? :(

Prithvi said...

jnsar 5116+20=5136

i can make my buy order @5138

Ilango said...

@ Smita,

5124-44 resistance coincides with 34 Hr(5129) & 21 Hr sma(5141), the short term triggers.

Smita said...

Ohhh , thank you sir , missed it again.

Ashish Agarwal said...

Moreover, the intra day upmove from 5102 is looking like an rising edge.. with a 3-3-3-3-3 wave structure, overlapping waves.. but i feel there is one more upwave to complete the 'e'or 5th wave...

raghava said...

Resisted at 200 min Ema.

Sujatha said...

recent 5194 to 5102 - gartley bearish showing - 5137/48/58/74 respectively 38/50/61/78 % ages my mayan may give "false breakout too" :) let me see
EOD close below 5174 is -ve 5107 below is more -- ve according to me. another reason for 5133 is???? time pass...find it

ToT-Amit said...

NF resisting at 34MA in 15 min.

above 5141 NF it can go up to 5159 and above 5159 new highs can be seen.

http://oi47.tinypic.com/a1mizb.jpg

shriram said...

back -->

34EMA is resisting the rise

@ Ashish: we may doing the 2nd ABC of a DZZ from ysday's low of 5105.65

Take a look :-)

Ilango said...

@ chetas,

Both labels have downside possibilities but the quantum differs.

One needs to manage the trades with small SL during such a corrective scenario.

Sameer Shankar said...

Dear SJKOLKATA
This is not cheating
This is algo trading

sushil said...

To master,
tata steel july future is at 392
june fut 408
tata steel spot 407.60

J.R.Julius said...

@Sujatha Sister,
I agree with your Mayan Predictions.
5158 may be a strong. I still expect
1.272@5076.98
1.618@5045.14
2.000@5010.00
Tomorrow. I may be wrong.

Manish said...

@ Sushil

Good observation.

Now check the price of futures for tisco on thursday both june and july.

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