Thursday, June 14, 2012

Nifty Intraday Update-III


70 comments:

murli said...

ILLANGO SIR

FIBBO RETRAC TABLE SHOW RANGE 4770 TO 5124 BUT ACTUAL IS 4770 T0 5145

GaneshaSays said...

Dow's chart also shows that yesterday it has closed towards lower end of the range and now seeing Europe also down, I think tomorrow we will have a gap down. Spain bond yields again rising.

prahalad said...

Break of 5059 can dare today’s Jnsar.

Hemant Harke said...

Hourly close below 34SMA & EMA

Kiran said...

Support taken @ 200 SMA (5067).

prahalad said...

Holding 5059 can push it to close above yearly H3 5078 or may push it up till 5100 DHEMA

Dinesh Rishi said...

Nilesh Patil

"George C. Lane" developed it :D

prahalad said...

Dinesh rishiji,

On your buy only strategy, what is the spread you use to buy? Is it after every certain fall or based on any short/medium support levels?

Kranti said...

Prahalad

Whats 5059 level?

prahalad said...

Kranti,

I mentioned it.Monthly cama H3-5059.

Nilesh Patil said...

@DR sir,
http://www.lanestochastics.com/George%20Lane's%20Bio.htm

:)

GaneshaSays said...

A small temp bounce likely now.

anmpatel said...

@master
how to manage trade create in morning as now big boss JNSAR coming way with TT showing downward momentum building...c2 label is around 5025-5050.
please forgive for morning comment and guide.

Dinesh Rishi said...

prahalad

यह इश्क नहीं आसां
बस यह समझ लो
आग का दरिया है और
डूब कर जाना है

If a both side trader can make 200 points PM
Im happy with 100 only

trade JNSAR long calls only

Long SL can be relaxed
few whips will be reduced

You will get more time for yourself

Kranti said...

Prahalad.. got it.. saw your earlier msg late. Thanks..

parminder said...

Nilesh ji,
good afternoon

Ilango said...

@ anmpatel ,

how to manage trade create in morning...?

Which Trade...?

Nilesh Patil said...

Parminderji,
ssa, good afternoon

anmpatel said...

@master
when nifty broke 5121 in downmove i create short.
now i am in profit but confused if nifty respect JNSAR or hit it? with red colour is increasing in TT so partbook or full book. if part book where at your second support area around 5020?
thanks.

veer said...

@Ilango

When the W-3 sub divides into five waves in 5 minutes chart - the W-4 fibo retracement should be measured including all the five sub waves of W-3 (or) only last sub wave i.e.W-3(v) . Please clarify. Learning EW.

Regards,

Veer

satheesh said...

Nifty Day Chart:
Click Here

Will Nifty take support??

Nilesh Patil said...

प्रिय म्य्नाक,
कृपया आपला दृष्टीकोन स्पष्ट करावा व सर्वाना दिशा दाखवावी. निफ्टी फारच महत्वाच्या टप्प्यावर आहे. मला तर वर जाईल असे वाटते. बघूया.

Ilango said...

@ anmpatel ,

Read Pre-Market aggressive table for more clues.

Resistance @ 5130-Day's high @ 5130.

Support @ 5065-80-Day's low @ 5056.

If you had shorted @ 5121(Pivot), book out @ 5065 or lower.

A close below 5DEma-5074, you may hold the remaining.

prahalad said...

Dinesh rishiji,

Thanks. I agree that 100 points with less pain offers more comfort to plan next trade.

anmpatel said...

thank you MASTER...

chetas said...

retesting the broken channel

Ilango said...

@ veer,

For 4th wave retracement, you calculate retrace for the 3rd wave fall.

For 2nd wave retracement, you calculate retrace for the 1st wave fall.

Once a 5 waves are complete, then you calculate retrace for the entire rise..1 to 5.

veer said...

@Ilango

Thanks.

Regards,

Veer

skmishra said...

good afternoon, 3rd wave is a big move. do not miss it, when starts.. waiting....

sometimesbullsometimesbear said...

If RBI disappoints on Monday all hell will break loose :):)

Will JNSAR show this up tomorrow :) Let us see.

CDG said...

@Ilango

the developing JNSAR for tomorrow and today's DLEMA are very close. so if NS do hit this region and close below 5035 a big down move may come. the 50% of rise from 4770 to 5144 comes around 4960 and 62% is around 4915

mynac said...

Afternoon Everybody,
प्रिय निलेश,
अगदी खर सांगायचं तर मी आज दिवसभर काही कामा निमित्त बाहेर होतो नि आत्ता आलो आहे.jnsar किंवा ५०४० माझ्यादृष्टीने अतिशय महत्वाचा आहे.तो जर तोडला(उद्या) तर काही खरे नाही..हि घोडदौड नक्की थांबेल असे वाटते.तूर्तास तरी ५०४० जो पर्यंत धरून आहे तो पर्यंत होप्स नाही तर समदाच बल्ल्या. म्हणजेच आत्ता येथून फक्त jnsar हीच एकमेव अशा बुल्स नि बेअर्स साठी.

mynac said...

Translation.. of above statement i.e. From here JNSAR is last hope for both.. Bulls N bears..

STOCK4SURE said...

sir,
in 5 day charts a bullish WW is forming with trgt abv 5150
pt4 is formed at today low
does it get any supp from EW count???

GaneshaSays said...

smart money went short be4 inflation announcement by giving false rise, now closing their shorts silently over last 1/2 hour. Can anybody give me a clue which would be able to track these HNI moves?

satheesh said...
This comment has been removed by the author.
shabsaif said...

JNSAR trade--Always Bank Nifty return much better than Nifty as my experience........

STOCK4SURE said...

OPEC meet tonite
will it have any effect onmkts??

Ilango said...

@ GaneshaSays,

The CLUE:

The Tech.table.

mynac said...

Dear satheesh,
Definitely..
From today's move it is very clearly visible that Bulls are in trouble and they have tough task ahead... because the way it has gone away from DHEMA it will be tough for them,even if they shall try to concur it..because then also it shall go further up from there.means either correction or consolidation @ lower level i.e. around Dear DR's 5000-4980 is need of the Hr.Let us see..

subho said...

Dinesh Rishi said...
subho said...
so drsir if orb is up....can i buy?

Yes you must

so wat is s/l?i put 15 min low is s/l is right or wrng sir?

Its right but if 15 mint range is bigger
keep 20 point SL

& if trend is up and ORB breaks down
buy @ low with the help of indicator you can use Sloc stock on 60 mint chart.............sir plzz tell wat is the meaning of sloc stock??? i cnt understand..& sir i trade only 4 stock..........I AM WAITING UR REPLY

Ilango said...

@ STOCK4SURE ,

Presently, I see 5012 as the last support for a normal correction. Anything more would be a concern.

Archer said...

Hi all.

Can anybody help in options.
During this fall, there is increase in 5100 CE and Fall in 5100PE which is obvious.

But the same is opposite for 5000 CE and PE.

It seems that fall will not cross 5000.

Any anybody put some light on it.

Nirav said...

Dear sir,

4770-4807 (1)
4807-4788 (2)
4788-5124 (3) extended
5124-5024 (4) a-b-c
5024-5144 (5) internal 5 Wave

since it is 5 Wave formation from 5024 to 5144 cannot be lable as Wave B of 4

sir it seems correction for Wave II or B has started sir can u pls correct me if my prefered count is wrong.

regards,
Nirav Patel

mynac said...

Dear Archer,
Yes.the contrary action is very obvious,nevertheless when you have JNSAR value and as it is rising day by day it shall not be an easy task for buyers here to keep Nifty always up and above JNSAR.It is challenging nevertheless not impossible.Let us see...

Hitendra said...

hi friends

5145/5115- 80% retrace 5041. hold.

monday close was 5054.10.

help to hold.
mkt move up if holds.

Dinesh Rishi said...

subho

I dont trade stocks

and OBR never tested on stocks

Sloc stock =

Stochastics we call it SS or Slow Stochastic also

POWERTRADE said...

Aja aja mein hun pyar tera :) 4960 comming

anmpatel said...

if nifty close below 5060. mid point crisis will pass .........

CDG said...

closing near day's low and near to tomorrow's JNSAR.

What can be tomorrow's developing DLEMA??????

anmpatel said...

hope c will complete tom opening.....pray to god in waiting for 3rd wave.....

Ilango said...

@ Nirav ,

I have labelled it as I see "fit".

Remember: EW is a subjective one. And hence has many versions.

I try to label the most obvious one to me.

anmpatel said...

close will be aroung 5056

sometimesbullsometimesbear said...

LOL PT is back to spook the markets...:)

Ilango said...

@ Piyush Sharda ,

It is the likely channel support in Hour chart.

Also 8th June opening hour low.

anmpatel said...

perfect doji in daily HA chart

sometimesbullsometimesbear said...
This comment has been removed by the author.
Hitendra said...

monday open 5096.7

retrace 50% from 5145/5047.6= 5096.3

will see by tmrw noon.

Nirav said...

Dear sir,

thanks for the reply but i asked you as there is 5 wave formation in 5024 to 5155

Regards,
Nirav

subho said...

OK @DR SIR.... PLSS MENTION THE PERIOD( SLOW STOCH) ...5D-60MIN CHART

subho said...

@DRSIR.....IN WHICH VALUE I PUT 5D-60 MIN CHART ON SLOW STOCHASTICS

Nilesh Patil said...

subho,
r u using trade tigar?
then ss settings are by default. just took the time frame 60min.

Dinesh Rishi said...

subho

try few setting @ ur own and select which suits
your trading style

jonak said...

Wolfe wave target atleast 4920 in NF>.....and then we go up again.....last years volatility is back

subho said...

@ thnx nilesh sir & dinesh sir also........

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