Thursday, July 12, 2012

Nifty Intraday Update-II


68 comments:

Pankaj said...

Om gap filay namah!

J.R.Julius said...

@Pankaj Ji,
Low Breakayie Namah!

Pankaj said...

@Julius, let first the gap fill in, then I will join you :)

SAM said...

huge spike in volume

Kumar Technicals said...

Dear ILango Sir!

As rising wedge has been broken, how will we know from EW point of view that we are in wave 4th of C or in new impulse down?

Parimal said...

My Dear Shradha Saburi
the crucial lower band of Kumo has been broken by NF
regards

Sujatha said...

Julius - Om..bull - aya namah .. 215 protect - aya namah.. as 194 is nearby this is enough i feel...

Pankaj said...

@Julius, If it goes down any further, I am shorting it :)

Sujatha said...

Julius - OK.. chance less 2 protect 215?? as BNF breaking it may touch 540/466 means nifty??? OMG..

Pankaj said...

@Sam, where r u tracking volume? And is it in Nifty spot or futures?

sometimesbullsometimesbear said...

Sujamma no 194 straight 150 if 215 broken

SAM said...

@ pankaj on nifty future ...

Anil said...

@sujatha

hmmm..i know 5213 and 5195....ok got it...

anmpatel said...

@pankaj
it is spot value.
http://www.nseindia.com/ChartApp/install/charts/mainpageall1.jsp?Segment=OI&CDSymbol=S%26P%20CNX%20NIFTY

numchar said...

@Pankaj

There is one gap fill still pending 5150-5194 range :)
Do you want that to be filled first ?
Mausam bhi hai aur JnSar bhi .

But seeing that Lead indicator going to be oversold ...seems like Sujata OM...chanting can be obliged.

Sujatha said...

STB - if ur target is that sorry .. i will not give that will change my "trading setup of this month" again.. so prayer is "BNF protect-aya namah" give sharp bounce i believe ths s a correction for crossing of 343 with power??? then upside target is...... not appropriate time to post this..but u r experienced will not "bother abt me" so boldly posting. so my EOD closing guessing also done ........let me see

Anil - :):) if u dono then who will :P

Nilesh said...

@ ILLANGOJI,

what a perfaction of bearish harami pattern
low of 1st day 5280 nf & today's i.e. 3 rd day
high is 5280 nf.

Prithvi said...

@NUMCHAR

THERE IS 3600-4100 GAP ALSO PENDING ,

SO CAN YOU WAIT FOR THAT??

numchar said...

I think we need a contest to guess Sujata's guess :)

Winner gets a pizza , dosa and idli .

Dinesh Rishi said...

Pankaj said...
Om gap filay namah!

29 June wala

Pankaj said...

Gaps, gaps and gfaps...ha ha ha...gap filling is never a rule, they may get filled, sometimes fuuly, sometimes partially, and some times not at all.

anmpatel said...

@master
2 was also fast fall and 4 is also fast fall. is it possible frequently. because what i know is if 2 is slow consolidation than 4 is fast fall or vice versa. is it guidline or rule?? please guide. thanks in advance. now from your label i came to know 4 is ready to end near 5194-5215, monthly-weekly 5EMA. am i following your lable correctly. thanks.

numchar said...

@Prithvi

On lighter note ....
Am with jnsar ...thats aligned with the trade now :)

Prithvi said...

DR sir,

Please come first @5500,

Pankaj said...

@Dinesh Sir,
I was wishing for today's one, but aap logon ke maje lene main ustaad ho :D

Ilango said...

A 5-waves would be completing now.

Pankaj said...

By the way we are in the 5th wave in the down move from 5345 , so shorts need to be careful.

Anil said...

@sujatha

one Ques?? if today it is at eod where u said then tomorrow will be broker day...
:)

anmpatel said...

RE-POSTED
@master
2 was also fast fall and 4 is also fast fall. is it possible frequently. because what i know is if 2 is slow consolidation than 4 is fast fall or vice versa. is it guidline or rule?? please guide. thanks in advance. now from your label i came to know 4 is ready to end near 5194-5215, monthly-weekly 5EMA. am i following your lable correctly. thanks.

Kumar Technicals said...

Re-posting.....

Dear ILango Sir!

As rising wedge has been broken, how will we know from EW point of view that we are in wave 4th of C or in new impulse down? Your guidance needed sir.

sometimesbullsometimesbear said...

Sujamma that way my targets are 2500 on downside and 13000 on upside in Nifty....:):) :) Some day some month some year it will happen. :):) No immediate targets. I rarely day trade.

Ilango said...

@ Kumar Technicals ,

Just as 5280-5342 congestion has acted as Resistances, 5171-90 resistances could act as supports now. Break of these would be considered "Bearish".

If 4th wave, it should not enter the 1st wave (5190 or 5144?)

From TT's signals, a week turning down need to be considered. There are one or two occasions, these weekly reversal signals have been whipsawed.

Dinesh Rishi said...

गई भैंस पानी मे

http://images.nationalgeographic.com/wpf/media-live/photos/000/007/cache/water-buffalo_750_600x450.jpg

Pankaj said...

@Kumar technicals and Ilango sir,
Excuse me for jumping the gun, but as per my experience elliott wave can not predict whats there in store next, however it can warn you the major turnoing points as they happen in real time.

So this down move can be a correction or it can be a new impulse wave, it depends on how the upward correction unfolds.

parminder said...

Dinesh ji,
koi gal nahin bhains will come out after having a bath.
☺☺

Dinesh Rishi said...

PAM

it always come out
but the question is when?

Kiran said...

So many choices
1:15 or 1:45
Thud or Rocket.

Ilango said...

1.00PM TT & Chart updated.

Sub-waves are challenging. Take some caution.

4th wave possibility is diminishing.

Nilesh said...

@ ILLANGOJI,

UNLESS & UNTILL CLOSE ABOVE DLEMA WE CAN CARRY
SHORT ?

Sujatha said...

Anil - i didn't post my EOD no. but u smelled it?? telepathy?? :) if my "calculation (dont mean it TA - as usual ulta pulta thinking) is right then this time it should cross 343 with power straight hit 379/386/420 too early to say before EOD i know wat "u know" :D

Sujatha said...

STB - lolz :) since a year and abv my target 8400 and 4100 pending n nifty :P this is proving "prection is worst' which v can't trade

Ilango said...

@ Kiran,

If you follow TT, the colours would guide you in a simple manner and take those trades that is in harmony with TT colours.

34 hr sma is another excellent tool for "Less risky trades".

parminder said...

Dinesh ji,
u r the milker who milks cows till the last drop.
so i am not worried at all

nifty rider said...

divergence in macdH

Sujatha said...

For all - wat sir says is right.."squeeze" the TT as much as u "can" u can get good trade..just done it may cross 241.. let me see how it's working out

chetas said...

Sir,

the top line connecting 5190-5194, in hour chart the earlier two tops, comes to 5215, will this now as a support.

When i connect the lows of 5040-5090, in hour chart the support line comes to 5205 levels,

Also when we break 594 with a gap, @ 5225 NF had huge volume, and If i remember Mynac said this will be important when we revist 5225, now we are there,

can we say at least a consolidation here ?

I had taken my First JNSAR trade in SGX nifty and I have booked my profits also. Thankyou verymuch for all your guidance.

Nilesh Patil said...

parminderji,
ek jok jo jay.

https://fbcdn-sphotos-a.akamaihd.net/hphotos-ak-snc6/602590_494618023887015_1691180076_n.jpg

chetas said...

Typo " when we break out above 5194"

parminder said...

nilesh ,
gud old one,
send me ur number by mail or messenger

nath said...

itching to go long at 5200-5220 with sl at 5194

Kumar Technicals said...

Dear Ilango sir!

Thanx for ur reply & clearing my doubts.

Dear Pankaj!

Thanx for jumping ur gun but we are not predicting but following. I was getting my doubts cleared, nothing else. I religiously follow TT & its alwaz precursor.

Sujatha said...

power of "TT" coming on the way???? OMG please show prithvi's no.

chetas - don;t think to break 194 please..i hv break my head again :( to change my "mind set"

chetas said...

Sister

My sappad done and shop closed, just watching the charts to be in tune with the markets

Sujatha said...

OK...take a break back @ 3 PM please show one and only uppppppppperrrrrrrrr side abv my no. 270 ..no "thud" sound please.

nath said...

@chetas
what are the requirements to trade sgx nifty

shivanGupta said...

34 hr sma is another excellent tool for "Less risky trades".

sir can you please throw some light on this.

Nilesh Patil said...

parminderji,
mail sent

SAM said...

master a very good elliot wave for infy is there on fb ... can i post link

Pankaj said...

Come on sujata, we will make it happen! Om gap filay namah!

Manish said...

Dear master

Can we say now that it was the 4th wave and now 5th has started or we wait for TT data to confirm the same ?

numchar said...

Fibo numbers for 5343-5218 fall

23% 5248
38% 5266
50% 5281
61% 5295

Prince said...

@Shivan Gupta - as per my understanding Master means if you can follow 34 hrsma still good money can be made with little stoploss...

J.R.Julius said...

@Pankaj Ji & Sujatha Ji,
Retracement Ayea Namaha!

For DAY
5245 - 5240 - 5235
From Top of the Swing(Including Gap)
5283 - 5270 - 5258 //Personally I dont expect Today//
Good Luck Both of You.

J.R.Julius said...

@Pankaj Ji & Sujatha Ji,

https://picasaweb.google.com/110984165558614692353/Charts#5764199209319422242

Above that I'm on your side!

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