Tuesday, July 10, 2012

Nifty Intraday Update-II


Parimal said...

Tata Motors started falling below crucial 200DMA on 8.5.12, and remained subdued since, making a low of 219 on hr chart. today it is trying to move above 200DMA

Sujatha said...

Bullish gartley - short term -X 5263 - A - 5333 =

306/298/289/5277/ respectively - 38/50/62/79% level. Nifty stopped out @ 38% level???

Gartley bearish - short term - X 5333 A-5257

286/295/303/316 respectively -38/50/62/79% level
struggling at 62% level???

PS : don't think like me ..just a timepass experienced traders can use this as 'clue' Good hourly close but..intra need some "cool off" this cool off may extend to EOD means????

Parimal said...

My Dear Sradha Saburi
NF is trying to move above the crucial Ichimoku component of Kijun on hrly chart. Kumo support has really helped it.

Kumar Technicals said...

Dear Swami!

We r discussing ew probabilities so be courteous & anything is possible in this mkt. One more thing also ur clear 5 wave move down from 5630 to 4770 can be labelled more clearly as 3 wave A-B-C. Nothing is cast in stone as u say 5869 can not come so u trade ur probability keeping in mind where u can go wrong. We do here as Master says with developing TA and help of TT.

Dear Shriram!

Sorry dear, my father is here with me since last month after long time so nowadays no meeting. Only trading & enjoying spiritual company of my dad.

anmpatel said...

there is some problem in your hourly indicator. red line not updated. it should also turned up and cross mid-point crisis. thanks.

J.R.Julius said...

இந்த பொண்ணு(அம்மா) சொல்லுறத புரியிரதுகுள்ள.
ஷ்ஷ்ஷ்ஷ்ஷ் இப்பவே கண்ண கட்டுதே.

anmpatel said...

at which price NF cross kinjun price?

Ilango said...

@ swami,

There are only 3 rules in EW. All the rest are guidelines.

This is my experience too.

If you use EW for trading strategies, be flexible.

a=c is a guideline.
There are truncated "c" waves;
there are extended "c" waves.

Shradha Saburi said...

Dear Parimal
thnxs parimal
As yesterday posted nifty hourly got support of kumo cloud
Now hourly price should close above the hour Kinjunsen with the momentum,then chikouspan will also cross the prices. any slackness will provide resistance to further upmovement will result in correction.

Parimal said...

at NF 5304

Kranti said...

Kumar Sir ...Your reply to shriram made me share this with you.. I am experiencing same like you

My father also came to stay with me here at Pune and enjoying spiritual company.. literally.. We were in the beautiful Osho Resort doing meditations( first time for him and it was great..)

Parimal said...

My Dear Swami
what Dear Master has said is absolutely correct.
Read Elliott Wave Explained by RCBeckman pg.96--'The more inflexible an analytical method--'.
these lines are enlightening.
all the best

chetas said...

@ Shriram / kranti,

I am in the same situation like you,

I call kranti for chai , and he does not come, now
he has no time for me :),

shriram said...

kumar ji: Bahut hi acchi baat hein! Best rgds to him.

Lagta hein apki aur meri kundali match karani padegi, ek bhi date miltee kyun nahi hein ?? ;-)

shriram said...

@chetas: all of u pune guys can plan a trip to kolhapur & pay a visit to nilesh & mahalaksmi too :-)

Kumar Technicals said...

Dear Kranti!

It was normal thing for me to be with my dad but when my mom died in 2009, my total thinking changed and now i enjoy his company very much & avoid meeting, malls etc. when he is with me. God bless you & enjoy company of ur dad, take care of him.

Nilesh Patil said...

@Shriramji & Pune Guys
You are welcome.
Tumhi July madhe kolhapurla yenar aahat na?

shivanGupta said...

sir is there rising wedge on a 5 min chart

Kranti said...

Thanks Kumar Sir.. Its true. when i crossed 35 ( 7 years ego ) the way i look at parents changed completely.. i have friends here who also have gone thry similar transformations with parental relationship..Its wonderful

Sujatha said...
This comment has been removed by the author.
SANPOT said...

@Shriram what if we want to pay a visit to Jai Shriram?

J.R.Julius said...

@Sujatha Sis,
புரோக்கர் : எவ்ளோ அடிச்சாலும் தாங்குறான் இவன் ரொம்ப நல்லவன்.

KRG said...
This comment has been removed by the author.
Kranti said...

Chetas.. Enjoy time with parents man ( with that authentic home food from Mom ).. what are you going to get by having a chai with a poor guy like me..

venkatapathy l said...

@ Kumar, Kranthi, and Shriram how nice of you all. Blessed you are to spend time with your father. Sitting together, listening endlessly to things of the past and offering care when needed.

May God bless you all with everything best in the universe in great abundance.

Love you all


Kumar Technicals said...

Dear Sujatha!

No need to visit so often to him, if u can do then its very fine if not then accept as life comes to you. Your feeling & regards showing that how much u love ur dad. If you will try too hard then u may get reverse action bcoz u have to take care of ur daughter & family too bcoz its ur responsibility.

Dear Kranti & LV sir! Thanx for ur kind words.

Kranti said...

Sujatha Sis

My sister name also is Sujatha.. she lives in chennai.. rarely gets permission ..once in bluemoon.. Now she is with my mom at home town for two months.. I agree with you on the difficulties of being a female in India

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

தந்தையின் + அம்மா = கடவுள்

குழந்தைகள் = தேவ்தா

நான் = பக்தன்

Kranti said...

Thank you LV Sir.. I am touched..

DKG said...

Come on Bears, Do or Die.

shriram said...

@ Sanpot: Come to mumbai anytime ;-)

@ Nilesh: ata salag 2 divas sutti milali ki lagech!

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Update at 1:00 PM

Thanks & Regards

Ilango said...

1.00PM TT & Chart Updated.

Yash and Dhan said...

रंकाळा आणि राजाभाऊ भेळ आठवली कि मन कासावीस होतं.
गाव सोडून १२ वर्ष झाली पण कोल्हापुरी आठवणी जपून ठेवल्या आहेत.

Sujatha said...

Kumar sir - i agree with kranti. but i am really happy that me and my sister blessed with DAUGHTER...hope u know y?? :)

DKG - yeah..pulllllll it down

DKG said...

@ Sujatha Sis,

Gr888, u r in bear camp.

SANPOT said...

@Shriram amantranabaddal abhari ahe.Nakki yenar.

Nilesh Patil said...

@Yash And Dhan
This is for you.


nifty rider said...

A stock analyst and a Wall Street broker went to the races. The broker suggested to bet $10,000 on a horse. The analyst was sceptical, saying that he wanted first to understand the rules, to look on horses, etc. The broker whispered that he knew a secret algorithm for the success, but he could not convince the analyst.

"You are too theoretical," he said and bet on a horse. Surely, that horse came first bringing him a lot of money. Triumphantly, he exclaimed: "I told you, I knew the secret!"
"What is your secret?" the analyst asked.
"It is rather easy. I have two kids, three and five year old. I sum up their ages and I bet on number nine."
"But, three and five is eight," the analyst protested.
"I told you, you are too theoretical!" the broker replied, "Haven't I just shown experimentally that my calculation is correct?!"

Ilango said...

Being resisted @ 5305-5325(DHEma+20) zone.

Dinesh Rishi said...

Nilesh Patil

its cheating

Bhagwan kare tumhara SL hit ho

meri thali kaha hai ? :(

Yash and Dhan said...

@ Nilesh
लई भारी !!!

bizagra said...

Ilango sir...can we say b of e playing in small range now?? and c up expected..thx

Nilesh Patil said...

DR sir,
Sorry. Aap Kripa vapis mat lo.
Pls come and join.

Dinesh Rishi said...

Nilesh Patil

Than Q

Bhagwaan aap ko din dugni, Rat Chougni trakki dey

aap ka kya dushman ka bhi SL kabhi hit na ho

Sujatha said...

Nilish ji - aap ka SL kya hai??? still i didn't hv lunch.. let me consider

Shradha Saburi said...

निलेश भाऊ नमस्कार
कोल्हापूर आठवले कि फक्त तांबडा रस्सा आणि सफेद रस्साच.
आमंत्रण दिले तर नाही म्हणार नाही.

J.R.Julius said...

Thanks for the Day & the space.

KRG said...
This comment has been removed by the author.
Ilango said...

@ bizagra,

It seems so.

Nilesh Patil said...

@Sujatha Sis,
My SL is now 5285 just below todays open.
Shradha Saburi & Sujatha Sis & All Friends,
Come and join for Lunch.

Nilesh Patil said...

Ascending Triangle breakout on Axis bank.

sandeep said...

julius sir no trade 2day

Nilesh Patil said...

if you are doing camrila trading then see also weekly cam levles.

Parimal said...

A perfect 12345 on Google 5mnts chart

Ilango said...

@ sandeep,

A move past H3 was a Long trade.

HL3 5287 Go Long above these.

Parimal said...

breakout of Inverted H&S on hrly chart

Sujatha said...

Nilish - ji - huh.. before my SL hits got down fast @ 5314 jump :P :(

LESSON LEARNT - don't overcross "the trading setup" set up was strong as per hourly as per mine but i didn't "OBEY TO IT" :(

Dinesh Rishi said...


Part booked

now rest will hold SL 5300 NF

Kiran said...

Just a observation.
For some reason, now a days there is some happening around 1:15 and/or 1:45.

Kranti said...

Kiran .. I have also observed it.. they always move the market at certain time for certain number of days.. Example ..either 11.30 or 1.30.. then they shift timings.. I am not an expert.. I am just saying what i observed..

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