Wednesday, June 27, 2012

Nifty Intraday Update-III


87 comments:

DKG said...

What a timing PT !

DKG said...

Will nifty hold 5134??

SJkolkata said...

Request Everyone Please
No fighting and Mud Slinging in this Temple.
Few of silient disciples are trying to learn something and waiting eagerly for some prasad from the Master.
Not to hurt any1s feelings.

Regards

GaneshaSays said...

Reposting bcz of new post done:

Guys, please do not interpret me as giving calls. I am expressing my views here which everybody is doing. There is no different approach to it. Please refrain if you don't wish to agree to my view but retrospect yourself also when you publish your views asking whether I am doing the same thing as you are doing. I don't understand why people r taking as me promoting myself rather than taking it as my view.

At least I am being clear in views, not expressing as some "coded" words which I doubt happen or not.

Sujatha, what views you are expressing, doesn't they indicate what bias you have abt markets? I am doing the same thing. The only difference is me being direct to the price levels and you r playing in "coded words" isn't it so?

Ilango said...

The fall from 5159.90 to 5132.40 has a 5-wave sub division.

If bullish, this is the "c" of "abc" correction of "iind" wave and move higher than 5160 today itself.

If bearish, it will break below 5132 (after a small bounce to 5144-48zone) and continue the "c"(Red) correction.

SJkolkata said...

Ganesha Bhai,

Shantiiiii.

Market wants us to concentrate, its a silience before a storm.

As DR sir says "nazar hati, durghatna Ghati""

SJkolkata said...

Enjoy the Prasad just given by Master

sanz said...

NF near Hourly JNSAR :)hope she comes Down... :)

shriram said...

back -->

For bulls need a firm close > 5139 @ 14:30hrs

For bears: need a close < 5120 @ 15:00hrs

And 5120 is also, todays Havala level

Dev. 5DEMA TURNS DOWN BELOW this :-)

Nilesh Patil said...

@Sujatha sis,
I m worried about 34hrsma. so clapped

parminder said...
This comment has been removed by the author.
STOCK4SURE said...

bullish WW pattern developing in ns 5min charts

trgt 5160+ near eod

where to keep SL for longs any suggestion plz
5118 or below

parminder said...

Sujatha ji, i am also waiting for ur mail

Nilesh ji taking the prasad alone does not help.

Sujatha said...

Bala - lolz :) i am very chotta player and housewife will quit my position and enter any position depends on my work but sofar full time trader. regarding plot...?? would like to buy where Mr. Larry Ellison" recently bought..:) :D
jokes apart, if at all i "buy anything" sure "definitely a special thanks" to you n advance as "for ur words" may the GOOD DAY come to me.

Ganesh-ji - my sincere apoligies if i hurt u no wanted or any intention behind that. wat i am posting s for "specific senior friends" definitely no newcomers or most senior players like DR/KUMAR sir/shriram will not bother abt my posts and i know who's watching me

Prince said...

Good afternoon sir could you please tell that Conservative SAR should be maintain on 5min closing or day basis......thanks

J.R.Julius said...

சும்மா இருப்பதே சுகம்.

anmpatel said...

oh god please cross 5144-48 then 5160-70.....and please start iii/C i am waiting since long....
small bull....pray

Nilesh Patil said...

@parmindarji,
i mentained this time i trade conservative and clapped yesterday and reenter today with same sl.
As per Masters premarket chart both possibalities are down in BN so shorted. But as alarmed by DR sir i m exited.

Ilango said...

@ Prince,

Conservative traders could choose to buy around 5140 with a small SL 5132.

OR

Hold with a SL of 5155(instead of 5165)

Dinesh Rishi said...

@sanz

ɔıd ɹn ǝǝs oʇ uʍop ǝpısdn pɔן ʎɯ uɹnʇ oʇ ǝʌɐɥ ı

shriram said...

@ suja: past 4 days i m only seeing ur posts, till ysday's 1st profit, was only facing SLs ;-)

And clubbing me with DR / kumar ji, is like putting "gangu Teli" in front of "raja Bhoj". They r a different class of experience.

6months of JN & thinking on EMAs has broguht wonders to the TA skill, no doubt :-)

@ Ganesha says: Kyun load lete ho boss ?? Araam se OBJECTIVE ANALYSIS POST KARO, & THATS IS... JN is a gr8 gr8 class-room for REAL TIME LEARNING. Lets remain focussed on LEARNING :-)

anmpatel said...

@DR
how do u did that!!!

GaneshaSays said...

Master, I feel chances for upmove r remote as your favorite 'Lead indicator' has also turned down. What do you feel?

anmpatel said...

unable to pass 5144-4148!!!

Sourav Kundu said...

Tisco doing some disco?

STOCK4SURE said...

5100ce prem eaten in lunch
now they will take sweet dish in 5200pe

anmpatel said...

@saurav
tisco JNSAR hit long...

Prince said...

Thanks master means SAR for conservative trades are on 5 min closing means price above 5155 for 5 minutes & we should close........thanks

shriram said...

close below < 5139 @ 14:30hrs is first indicator of BEARS gaining upper hand

close below < 5120 @ 15:00 will give the 5-10HrEMA BEAR X-over which will give more strength to BEARS

EOD close < 5120 will turn DOWN 5DEMA...

Dev5DLoEMA @ 5106 (+,-) 20 pts is the last safety net for BULLS

--> Sujata : wich side r u on ?? :-)

Dinesh Rishi said...

anmpatel

http://www.typeupsidedown.com/

Sujatha said...

Julius sir - மூன்று வார்த்தையானாலும் முத்தான வார்த்தை ஆனால் என்னால் முடியுமா என்று தெரியவில்லை தங்கள் வார்த்தையை முடிந்தவரை காப்பாற்ற முயற்சி செய்கிறேன், வழிகாட்டுதலுக்கு நன்றி

Randhir said...

Whenever theirs a big event like election or world cup cricket/football market is in trading zone with low volume. Now Semis and Final of Euro still pending so market lacks volume

Ilango said...

@ GaneshaSays,

I never rely on one observation.

Being the last 2 days of settlement, it is either short covering(as in Tata steel) or long unwinding..

Nifty being closer to 5195 than 4770(settlement high & low), the bias is +ve.

However, since 11th June, it has been rangebound in a small band of 5042-48 to 5195, it could swing either way too depending on OI. OI status have been bullish so far as per Sanjay Jaiswal's update.

As stated earlier 5132(5134) would tilt the scale.

Sujatha said...

shriram ji - julius ji has given good advise let me try can u post ur SL so that i can tell

SAMMMMMMMMMMMMMMM

shriram said...

No question of SL suja: have been waiting to short since ysdays EW post !

Not initated a single trade till now, waiting for 15:00hrs price close < 5120 for SYSTEM TRIGGER

GaneshaSays said...

Master, that's like a Pro!!! Thanks for the answer.

Prithvi said...

Kya kare kya na kare ye keisi muskil haye

Koi to bataye iska hul o mere bhai

Ilango said...

@ Sujatha,

Lord Muruga's 'Summa-Iru' means "Stay focused"....not being silent.

In these tough times, little bit of "unwinding" is good to stay focused.

sanz said...

@ DR sir...
ha ha ha... sir aapuni muk chini paise ne ? lollzz :P

Ashish Agarwal said...

Shriram Ji,
Great post on CT yesterday... i think thats in play.. COngrats once again.. will join after saapad!

Sujatha said...

shriram-ji - shhhhhh i can't stand nearby to your shadow :) wat a discipline??? :( :P long way to go learn "trading discipline" from you

Dinesh Rishi said...

todays lunch

Bisi Bele Bath with curd papad chutney and pickle

Khichdey key hai chaar yaar

papd,dahi,makhan aur acchar

http://photos1.blogger.com/blogger/6981/1842/1600/bisi_bele_bath.jpg

Kumar Technicals said...

Dear Shriram!

You are really exclusive EW analyst, thanks for helping with EW continously. Keep continue good work...

shriram said...

Dear Ashish,

need to brk 5DLoEMA & then 5096 to be ABSOLUTELY sure of this (CT/kumar ji waal "ED" :-)

5DLoEMA has been a fantastic support til date

Let Nifty ji break the levels @ EACH TIME FRAME : 5120 / 5106 / 5096 / 5089 :-)

Kumar Technicals said...

JNSAR is long so only long here & in fall with stoploss of 5110 for intraday & 5090 for positional, risk reward favouring buyers only:)

STOCK4SURE said...

midcap index retracing faster
near to its days high

SANPOT said...

History again repeating itself. After completing a 5 wave downmove from 5160 to 5130 again moving up. Still above Jnsar and 5DEma.

shriram said...

@ ilango ji,
50% retrace of 5096-5160 done @ 5130... On way back up to 5190 to finish the ZZ from 5096 now, sir ??

@ kumar ji: To harness Real power of EW, one can co-relate the 5hi-Lo System only, Ilango ji is gr8, till 6months back, i was making losses wid EW :-)

Just Huge Consistent Profits said...

9.15 am to 1.30 pm patience testing time.

After 1.30 pm real trading time.

Sujatha said...

Hi chennaities - check any tamil news there is an accident @ gemini flyover becoz of bus overloading and driver lost control

STOCK4SURE said...

Bn making dob bottom pattern
abv 10030-..may trgt 10070

Ilango said...

5 points break of 5134 isn't enough.

Bias remains +ve as per OI, JNSAR, 5DEma, 10DEma, TA, EW, etc., etc.

Ilango said...

@ Sujatha,

http://timesofindia.indiatimes.com/city/chennai/40-injured-as-bus-falls-off-Gemini-flyover-in-Chennai/articleshow/14428814.cms

anmpatel said...

@master if nifty close above MJNSAR at last day of month, then can we say month trend change to reverse to bullish?

Ilango said...

Chennai has been royally taken for a ride by politicians(esp. DMK) by filling the city roads with more flyovers than anyother city in the world.

I'm sure the "Bus driver" must have got fed up of so many flyovers and decided to commit suicide and forgot to get down from the bus and do it.(but took the bus too)

Ilango said...

@ anmpatel,

5119-MEma would do.

Raghavendra Prasad said...

Sir,

As per "Sun News" the driver was reportedly on his cell phone while turning.

Kumar Technicals said...

Dear Shriram!

Only EW does not work, real power of EW lies in ILango sir's treatment of it with objectivity that he hinted you also. Thanx to ILango sir, just bcoz of him we are on right path.

Kranti said...

Yes.. Ilango.. What you said is right.. infact they started this fyl over culture in other cities like Madurai , Tirunelveli also..Fortunately it has come to a stop i think

Kiran said...

We should close above 5144/45. (Next days Pivot Point)

shriram said...

@ kumar sir: Bismillah! Satyamev Jayate :-)

re-calib @ 15:00hrs , 5HrEMA has turned UP again
ZZ up may still be on !!

Sujatha said...

Sir - thanks for both the posts. after ur posting only "i rembered that one - someone says @ upanyasam" regarding "silent" here is bit difficult :( then JN will like "an ashram quite and good - (i mean to say Olden day's ashram" ) by God's grace no human loss

anmpatel said...

let's pray for 2 min. i am doing.

Anil said...

@sujatha

my broker not happy, not a single trade for me today...no setup no trade...no risk reward...
You minted good..and yes nileshji is also busy minting...good one...was expecting this rangebound day...
oops still half hour to go...

raman perumal said...

@ Ilango Sir,
Please update 3.00 PM TT

shriram said...

@ ilango ji,

small guidance needed, ZZ still in play up sir per u ?

KRG said...
This comment has been removed by the author.
raman perumal said...

@ Ilango Sir,
Please update 3.00 PM TT
i want to see your lead indicator in chart

DKG said...

Nifty Stuck in Range.

http://3.bp.blogspot.com/_HweQ-xEzDvA/SusWT8QClWI/AAAAAAAAK9c/jTRyzsldAVw/s1600/DSC08007.JPG

http://4.bp.blogspot.com/_DHhYzJtcdyw/S8Yw7qzVfhI/AAAAAAAAA2g/aKf9AI64aIE/s1600/bus.jpg

Ilango said...

@ raman perumal,

It has been updated.

DKG said...

http://resources3.news.com.au/images/2012/02/26/1226282/045135-horse-stuck-in-mud.jpg

raman perumal said...

@Ilango sir,
Thank you

Amol Sharma said...

somebody please push nifty out.

Ilango said...

@ shriram ,

The current corrective is a challenging one.

We deal with it in small individual parts.

Going into tomorrow:

5135 & 5160 would decide further action.

I feel the correction for 5096 to 5159 has been done with an irregular correction @ 5129 and the next upmove has commenced.

shivanGupta said...

sir if nifty does not cross 5160 today does this mean still more downside left as per red ew scenario

Nilesh Patil said...

@Sujatha sis,
Check Mail.

Ilango said...

@ shivanGupta,

Such a possibility remains.

We are trying to figure out this corrective phase. And it keeps changing.

shriram said...

@ ilango ji,
thank u sir :-)

parminder said...

NILESH JI,
ye theek hi time pass mail mail
LOL
Regards

raman perumal said...

@ Ilangoji
Sorry if i am wrong,
The lead indicator in the chart indicates down with red arrow, so why nifty may not go down.

sandeep said...

master,julius sir as per camarilla formula which is better to calc future / spot as in future premium/ discount pl adivse

J.R.Julius said...

@Sujatha Sis,
Good Evening - Just came back.
I didnt mean "summa" regd. the chats here.
That's a self talk after seen the charts
and waving between my levels. hope u dint
misinterpret it.

J.R.Julius said...

@Mr.Sandeep,
Both has Pros & Cons.
You can choose ONE.
BUT NOT BOTH.
good luck.

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