Thursday, July 5, 2012

Nifty Intraday Update-I


46 comments:

Anil said...

Happy Birthday...god bless you in all your sincere efforts...

@Sanjay Bhai
@Fire
@Prakash

NITIN KADAM said...

View Unchanged.

Nifty, if not sustain above 5311, would correct towards 5285-5243.Every dip is buying opportunity till its above 5213-5217.Breaking below 5240-5210 will bring weakness.

Supports & Resistances for today:-
5311-5370 – Resistance area.

5243-5285 – Support area. (Re-Buy Opportunity)

Current Trend: - UP.

Possible Movements:-

1. 5311< = > 5285< = >5340< = >5370.

2. 5311< = >5285< = > 5243< = >5340< = >5370.

3. 5311< = > 5285< = > 5243< = > 5213< = > 5190

Two best rules for successful trading:-

1. Initiate position in the direction of trend near support & resistances.

2. Max stop loss - 30 points.

Happy disciplined trading to all.

Have a nice day!

shiva said...

good morning,seniors..

Prabakar said...

NS Intraday supports - 1min-> 5300 5min-> 5295 15min-> 5275

J.R.Julius said...

SPOT RESISTANCE
5320-5342-5378

shriram said...

Morning everyone!

@ 3 b'day boys: Janam din Mubarakh ho :-)

@ilango ji:
Irregular FLAT from 5317 still in play , vide C as ED ??

SJkolkata said...

Seniors,
absymally low volumes may be a great cause of concern for higher levels to sustain.
any comments ?
Regards

SAM said...

when is infy result date

Nilesh Patil said...

@Shriram,
C as ED then is it started e of ED?

shriram said...

morning nilesh:

see 2 possiblities:
1. We r in sub-frac "c" Down of C wave from 5317.45 .. tgt = 5266
2. we r in sub-frac C of 2nd ABC FLAT of a DZZ from 5317 .. tgt = 5274

SAM said...

@Nilesh Patil
thanks

shriram said...

and ofcourse pls note both these possiblities wud be sidelined once we take out 5318

And Smita's ysday's discussed postulation of a New sub-impulse up from 5266 will come into fore-front :-)

Prabakar said...

After the Gap-up opening on last Friday, Bears had strength only to break below the 1 & 5 Min intraday supports on respective days and not able to break the 15min support.

Today NS bears able to broke 1 & 5 min support & now Bulls regained.

Anil said...

on 5min charts , fast rise with 50 and 200 sma...

Prabakar said...

As of now, 15 min NF support lies at 5291.

Prabakar said...

And if NF manages to move above 5325-5335 and sustain then upmove may continue for intraday.

N.Dhanabaleeswaran said...

Hi All,

Nifty is making ascending triangle.Minimum tgt 3560.Anyone with my views..

anmpatel said...

@mynac
is there any unwinding in 5300CE / addition in 5300PE?
thanks.

shriram said...

@ilango ji :

DZZ in play , or irreg. C in play , wot do ufeel sir?

Amol Sharma said...

N.Dhanabaleeswaran said...

Hi All,

Nifty is making ascending triangle.Minimum tgt 3560.Anyone with my views..



Please expert view on this. thanks.

Nilesh Patil said...

Tatamotors BearFlag activated on Hourly chart.

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Update at 11:00 AM

Thanks & Regards

P.S. - Today is neither my Birthday and nor Ranajay's :) Wait till 12/07...

Ilango said...

11.00AM TT & Chart updated.

Ilango said...

@ shriram,

It resembles the "ascending triangle" that was done in "5190-5042" range.

anmpatel said...

@sanjaybhai
long buildup in put and short buildup/long liquidation in call how can we consider bullish.
you are the best but i have confusion.
kindly explain when free.
thanks.

N.Dhanabaleeswaran said...

Ascending triangle:
1. 5266 to 5317
2.5273 to 5317
3. 5289(today low) .
nifty should fly over 5317.. then atleast 5360.

Then gap @ 5368 will fill.

SANPOT said...

Re-Posting.Sir, is this ongoing running correction similar to the prior sideways consolidation from 5040 to 5195? If it is true then the next upmove can be very steep which will be confirmed only after EOD close above 5330.

SAM said...

nifty breadth is at day high... whats wrong with nifty :O

STOCK4SURE said...

5300ce days low is 55???

shriram said...

right, so we may grind on a bit longer.. thank u sir

shivanGupta said...

sir all hourly indicator are showing negative divergence or is it just because of steep move on last friday.

SANPOT said...

@Ilango Sir, awaiting your reply.

cooldent said...

Sanpot

Ilango said...
@ shriram,

It resembles the "ascending triangle" that was done in "5190-5042" range.
July 5, 2012 11:06 AM

SANPOT said...

@cooldent, got it. Thanks.

SURESH NIFTY said...

Just reposting "golden words" from Master,,it is in beginer section

""How do I plan my trade...?
Take the JNSAR number and plan your trade with it. It can't get simpler than this.I have shown it in the pre-market table. Can you get dumber...dumber...and then see all those riches.. Stop the chatter..start hearing those money jingles.""


So Friends ,,JNSAR is 5202

5DEHMA==5281..
5DElMA==5230..

already partially booked,,,now holding half lot SL @ 5215...thats it.

Tension free trading...

raghava said...

Today 5300CE Low is :55

J.R.Julius said...

@Mr.Suresh Nifty,
Cheers...

Hari_Hyderabad said...

Nifty spot above 5307

Stochastic attempting cross over in Nifty Futures 60 mnts. chart

Fire said...
This comment has been removed by the author.
Sanket Mody said...

@ Mr. Hari, Divergence in Stoch, RSI, as well as MACD in 60 min chart...look at volumes too...dropping

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