Tuesday, June 12, 2012

Nifty Intraday Update-III



85 comments:

prahalad said...

thanks Ilangoji.

shriram said...

Illango ji,

Do we have a ZZ in play intra-day wid A played out as a LD (5018-5089) ??

Now C UP from 5057.7 ??

anmpatel said...

@master
if we consider super bullish view, what will be likely tgt for i of 3. thanks.

STOCK4SURE said...

most of indices are in green but declines are more than advances

Ilango said...

@ shriram ,

"b", if it is so..is always complex.

It could be a double zigzag.

The alt.scenario: Holding day pivot @ 5073 or 200sma @ 5063, If Nifty moves past 5085(50sma), it could be the start of 3rd wave.

A market that absorbs "bad news" effortlessly is strong. So far that is the indication.

The more time spent here would make it more significant and make our job easy.

anmpatel said...

5085-5089 passed. start of 3rd.....thank you god.

anmpatel said...

now waiting for 5125 to pass......then zooom.

Shradha Saburi said...

monthly JNSAR is in action

shivanGupta said...

sir can one enter long if EOD is likely to close above 200ma and 50ma

shriram said...

tks illango ji,

holding day pivot , shud be seen EOD basis to re-lable ,

or
do u do it based on time the wave took to develop sir ??

STOCK4SURE said...

as per fractals ns may open with a new high tomm in 5135-45 range and then nifty may decline towards 4989

Dinesh Rishi said...

buggie advani

thanks Bro

all is well

went to Doc I had painful Lumps in the armpit

blood check, urine check, Chest xray

took time, so was absent

Ilango said...

It is always worth noting the open & Low or Open & high:

The 3.00PM candle is having open & Low @ 5071.15.

sushil said...

To ALL,
nifty trading in @ 9 point premium
and there is rises in O.I in NF since morning

mynac said...

Dear anmpatel already it has crossed Bears territory,so now it's their wish...whether today or tomorrow..until Hrly.close is above 5100

sushil said...

TO DRsir,
sir all is well

Ilango said...

@ Shriram,

"Time taken for the sub-wave corrections" during the 1st wave was 2 hrs to 6 hrs.

Hence, 2nd wave should take min. 6 & more.

It has taken 8 hours to reach 5016 from 5124.

Time helps.

anmpatel said...

yes master a/c to HA charts OHLC values. since morning buying only

Open High Low Close
5015.50 5051.75 5015.50 5031.33
5023.41 5043.45 5023.41 5038.08
5030.74 5073.75 5029.85 5050.35
5040.55 5087.15 5040.55 5071.34
5055.94 5089.30 5055.94 5075.30
5065.62 #REF! #REF! #REF!

buggie advani said...

Dr Sir take care.
that is a limp nod which is swollen
cheers

repeat joke for you sir

A PARSEE (Bawa) was asked: "What's preferable? Parkinsons or Alzheimer's?" The wise Bawa answered: "Definately Parkinsons. Better to spill half a peg of scotch than to forget where you kept the bottle!!" CHEERS!!

anmpatel said...

Time Open High Low Close
10:00 AM 5015.50 5051.75 5015.50 5031.33
11:00 AM 5023.41 5043.45 5023.41 5038.08
12:00 PM 5030.74 5073.75 5029.85 5050.35
1:00 PM 5040.55 5087.15 5040.55 5071.34
2:00 PM 5055.94 5089.30 5055.94 5075.30
3:00 PM 5065.62 #REF! #REF! #REF!

shivanGupta said...

sir has 3rd started if yes what was the confirmation point

anmpatel said...

if till 3pm remain above 5065.62 then one more white candle with open-low same.

shriram said...

@ illango ji: thank u sir

@ DR bhai: kya hau, sab khairiyat ??

saravanan said...

sir, if nifty trade above 5124 wave'c' completed, and go long for target wave 3.

Manish said...

Master

Will it retrace the entire fall ?

Nilesh Patil said...

@DR sir,
Hope All is well.

anmpatel said...

can anybody help me, how to post the chart here? thanks.

Shradha Saburi said...

fear caused me to be out.
I have to see
thanks all
tomorrow office.

STOCK4SURE said...

sir
as asked in morning for 5124
now it seems its irregular flat correction for 5140-50 range and then..c..may start

Dinesh Rishi said...

buggie advani

Lolzzzzzzz

Ilango said...

@ shivanGupta ,

If 3rd has started, a move past 5124+20 would confirm it.

And holding above "5090", EOD close, would add strength for such a view.

venkatapathy l said...

@DR

Wish you a speedy recovery.

LV

Dinesh Rishi said...

operators know here is bears SL

above yesterdays high

Dinesh Rishi said...

Venkatapathy Sir,

thanks Sir

buggie advani said...

If it closes above 5100 good chance of
gap up tomorrow

anmpatel said...

GOD reliance ko thoda lift kara......please help him to cross recent high...then only 5124 can pass. thanks.

STOCK4SURE said...

100pts done intraday

GM said...

Dear DR sir,

Are you indicating that this upmove could be false just to throw out weak bears? I am yet to learn the code languages :)

STOCK4SURE said...

closing abv 5100 wll be a trap to trap longs tomm

parminder said...

Diesh ji,
Good afternoon ki haal hai.
everything fine sir.☺☺

anmpatel said...

re-posted
can anybody help me, how to attach chart here.
i want to publish Heikin-ashi chart here for learning purpose. thanks.

Dinesh Rishi said...

GM

has down JNSAR triggered Short?

if not than how to throw out weak bears?

Those who have jumped the gun are being punished.

Dinesh Rishi said...

parminder

ਪਰਮਿੰਦਰ ਜੀ
ਤੁਵਾਦੀ ਦਯਾ ਹੈ ਸਬ ਕੁਜ ਏਕ ਦੁਮ ਵਾਦਿਯ

sometimesbullsometimesbear said...

Looks like MMS is going to retain the FM portfolio.
Good for the market.

anmpatel said...

@stbst
what MMS? kindly tell me. thanks.

cooldent said...

anmpatel

MMS is the person who did not open his mouth when he went to his dentist also

Dinesh Rishi said...

anmpatel

when you send movie as SMS its called MMS

but here I think

MMS is our PM

GM said...

sorry sir but could you please explain what did you mean by saying 'operators know the SL'. sir please this Q is not to offend you or JNSAR but to find that how can this information be used for benefit.

Prabhat said...

@Experts: I am curious to know as to how long this rally is to last.
1. IIP nos are bad @0.1%.
2. S&P downgrade to India only 1 notch above junk. (this really matters since it is Indian mkts are dependent only on FII investments).
3. BN has already hit above 10k with the anticipation of rate cute from RBI on 18th. So in case RBI cuts rates too, then mkts may not rise since this has already been factored in. In case they dont, then get ready for the mother of all falls.
4. Greece elections will be out by sunday.
5. 4600-4800 puts are available for dirt cheap price which can be eyed.
6. Nifty has reversed once from 5125 & today too inspite of all world mkts being green & nifty in strong upmove, it failed to cross 5125.
7. I do not know how many people give importance to pre-mkt swings. People may call me stupid, but I watch them very much to know to what extents/levels orders are being placed. According to me, these show the extent of the rise or fall in the near term. (yesterday & today where both in red exp today - 4794)

Dinesh Rishi said...
This comment has been removed by the author.
Ilango said...

3.00PM TT updated.

sometimesbullsometimesbear said...

ampatel post chart in JN googlegroups and mention here so that ppl can check there.
MMS = Our respected? PM

Dinesh Rishi said...

I will clap my hands @ 3:15

(Part booking)

Hope all is well

Price above 21, 50 & 200 SMA

shriram said...

@ shradha saburi:

Now am wid u 100%
booked out balance 50% longs...

Re-enter ONLY if 5145 is taken out.

Shradha Saburi said...

bull ko nash pilake batting karaneko kaha hai

anmpatel said...

@master
if 3rd started then c2 etc why this colaveri di??

Nilesh Patil said...

@Shradha Saburi,
दारू पाजून

Ilango said...

@ anmpatel,

c2 keeps us on the ground. Knowledge remains in our heart...Not in our head.

There are possibilities. We must not ignore, though we play the "direction".

Shradha Saburi said...

@ nilesh patil
aata motha aadthala aahe nantarach bull la pakadoo

Ilango said...

@ anmpatel ,

Did you notice the current hour open & low @ 5106.70.

chetas said...

outside bar in Nifty,

anmpatel said...

yes sir.....thants why i was asking about c2. thanks and sorry if i hurt you, i was just asking not argue.

Hemant Harke said...

Ilango Sir,
HR and Day Lead Indicators also supporting RED C & 2

Ilango said...

@ anmpatel ,

I must let "loose"....become shameless.

But other's money is involved. So I play it down.

No truckloads... No bloood bath for me.

Just gentle glide thru'..

Dinesh Rishi said...

GM said...
sorry sir but could you please explain what did you mean by saying 'operators know the SL'.

========

Some comments are based on price movement and got nothing to do with TA.

Its normal tendency of aggressive Shorter to keep SL few points above the previous high.

Ilango said...

Last hour candle's tail = DR's profit booking.

"Clap..Clap..Clap"

venkatapathy l said...

Developing 'Bullish engulfing pattern'

LV

shriram said...

illango ji,

pls look @ another alt lable where C.W3 may have completed a 5wave sub-frac 4848-5127
wid sw1>sw3>sw5

shabsaif said...

Dear Sir, Very good Warning @ 1.37 PM...Thanks

Super Bullish possibility: Holding 5033-50, could mean "2nd wave" done @ 5017 this morning.

June 12, 2012 1:37 PM

shriram said...

contd.

I am refering to 3rd wave of "C" of the EXPANDED FLAT .. this C.3 may have ented today @ 5127

(C as fifer UP from 4770)

mynac said...

Dear Shrasha Saburi
आता कसला नवीन अडथळा ? आता गाडी सुटली आहे... ५१०० च्या वर आत्ता लगेच तरी काही नाहीये... म्हणजे अस आत्ता वाटतय

Ilango said...

@ shriram ,

It does not look "right" to my eyes. And it does not harmonise with TA too.(at present)

mynac said...

Good 8 lac plus intra addition @ 5100PE

anmpatel said...

closing will be 5MEMA 5118 at present.

anmpatel said...

below 5118.....month trend contd down.

mynac said...

And 16 lac NF intra addition..

NOBLE said...

@mynac
what does it tells? (And 16 lac NF intra addition..)

Shradha Saburi said...

धन्यवाद मायनाक
मला वाटते ५१६० ७० अडथळा उद्या पार केला तरच ........
ठीक आहे बघू या

mynac said...

Dear NOBLE,
The way Nifty started it's journey from 5058 and crossed and closed above 5100 easily,indicates it's inner strength.@Present it is very comfortably closed above DHEMA so it is likely to show further new top for this rally..

anmpatel said...

dear all
i posted todays nifty hrly Heikin-Ashi chart on google groups. anyone want daily Heikin-ashi chart just post here or mail me i will post daily HA chart also. thanks.

shriram said...

tks illango ji,

guess 5145-5188 will resolve this lable once & for all...

mynac said...

Dear Shradha Saburi,
yes true... Thanks.

Mr. Sultan said...

Koi muje batav k target kese banaya jata he? I follow julias

J.R.Julius said...

@Mr.Sultan,
I don't exactly get your meaning. But if its about camarilla profit booking.

This is one approach:
After the entry 20pts SL.

From entry if reached 20pts Profit - Part Booking
& Trailing SL to breakeven. You can move TSL
based on trendline.

*Don't follow anyone/any strategy blindly.
Test approaches by yourself & make sure you
are comfortable with it.

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