Monday, July 16, 2012

Nifty Intraday Update-II


63 comments:

skmishra said...

good afternoon all! This is a wonderful journey, thank you Ilangoji for JN.
btw 4th wave mostly breaks trendline to confuse. So a probability that 5th up is due..?!

anmpatel said...

@master
when we can label 5th start? at which price? thanks.

J.R.Julius said...

Pausing@Pivot 5237!

Ilango said...

@ skmishra ,

You could start from 5209 with a SL 5186.

OR

Wait for price strength above 34 Hr sma(presently @ 5274.)

prakashbkc said...

After long time BNJNSAR hitted on short side

Sujatha said...

Satheesh - slowly :D :D want lovely hit on JNSAR and it will i believe..ulaga maga "adament" you think abt me??? i know :) mm..unless my SL hits

J.R.Julius said...

@Sujatha,

http://previews.agefotostock.com/previewimage/bajaage/fc186fd2853873db21bc711daa7ce23b/IGM-19732005.jpg

J.R.Julius said...

Sorry missed to add suffix Madam/Sister...

Parimal said...

BN Jnsar for 16th July is 10603
please correct me if i am wrong

prakashbkc said...

1200hr nifty open low same.Is this start of new uptrend?

prakashbkc said...

Parimalji,

its true

SJkolkata said...

parimal/prakash,
as has been seen, if the JNsar is hit after a long time, it generally whipsaws.
may be the case with banknifty too today.
Regards

shriram said...

@ suja:

30min candles RES clusters @ 5263-5273 (which is also the tgt of this upmove if its an expanded Flat)

EOD close > 5268 will turn UP 5DEMA.. till then Sell on Rises mode shud be deemed being ON

Sujatha said...

Julius - "a rose is by a rose" hehe lolz :) pls. avoid any prefix/suffix - by the way all r "veg item na"" pls. confirm today is fasting "aadi matha pirappu" :) am waiting for my "hourly close confident no" shhhhhhhh then all is well let us see but sure.. i will book profit once depends upon the "reaction"

Sujatha said...

shriram-ji - thanks for your timely post coincidentally i hv that nos. hrly close abv 67 itself is good according to my "ant knowledge"

OK... coming to the point of "chartists" anybody noticed the significance of the candle 5217/67?? nd find y i am sitting on 215 level??? and y long abve 67??? find out - time pass if u hv time

Sujatha said...

shhhhhhhh - not protecting here is fast fall???

Parimal said...

hrly NF has positive divergence
but MACD yet to go to the positive territory

skmishra said...

Thank you Ilangoji, in fact I did a small long at the lower end and booked out -(as per BB worm: for new ones BB worm is 2hema and 2 lema in a 5 min std BB setting i.e 20,2. signal being worm reaching boundary and entering inside agian)
I will take positional at 34ema.

sreyO... said...

Dear Sir,

Congratulations !!!

This is not just a blog...this is like a home where a big family lives....

J.R.Julius said...

Now NF H3 5254Reached & Resisting....

STOCK4SURE said...

BN facing res at TL joining 11th and 13th july highs

puravi said...

Sir,
resisted at 61.8% of 5267-5209, can we say C2 completed and C3 started? Please guide/correct

Thank you

Just Huge Consistent Profits said...

Good Afternoon Ilango sir and friends.

Heartful Congratulations.

Happy Blog Anniversary.

Good Luck.

Smita said...

Reposting,
Respected Ilango sir ,

Accept my heartiest wishes on 4th Anniversary of JN . Whatever .1 % I have started understanding trend by following hourly and day Hi lo ema , is only because of you and JN. I have been blessed to have met certain ppl apart from my family , who have guided me in so well and in a better way like a family member will . You have been doing that thru your blog for sooo many of us , you are making us not only a better trader but a better person as well.How to keep a calm and relax attitude while trading and in real life which makes all the difference .
Sir words are not enough to express my appreciation of you and your blog JN.

Three cheers for you , all the seniors ,all the readers and all the contibutors of this blog .
My heartiest thanks to you for making it possible .I have developed enough confidence and positiveness about me staying here with you all .

Sujatha ji , I remember you disscussing how our parents don't visit and give us only a week in a year or two .Now that I am on complete bed rest because of slip disk of lower back and some nerves problem below waist , I have been granted more than 3 weeks of their time :-D.

July 16, 2012 12:23 PM

** It takes lot oftime typing while lying down :)

STOCK4SURE said...

in next 30-45min emas may converge in ns 5 min
one sided move may be seen after that my guess

Prakash-Pol said...

@Sujatha madam
I think your belief only lifts nifty.

shriram said...

@ smita:

I still remember we started our TA journey together exactly 1 yr, 2 months ago on moneycontrol :-)

Pls take care of ur health . Take rest & get well soon!

Parimal said...

@Smita
oh sorry to hear you are suffering from spinal pain. i have remedy-- certain yoga asana practices. these best should be learnt directly. how can i help you? at the most i can post them to your mail address, if you dont mind.
all the best and speedy recovery

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Update at 1:00 PM

Thanks & Regards

Ilango said...

1.00PM TT Updated.

HHEma - Prices not closed above it-lacking in momentum.

Sujatha said...

Smita - it's very sad to hear that the way "rest" comes to you. get well soon. take care of ur health. the way u r posting show ur "love to this profession" May god bless our prayers are with you.

prakashbkc said...

SJ,
thanx for info, actually i forget this.

But, I wish nifty & BN to fall to atleast 5200

puravi said...

Dear Smita ji

I know of a yoga & meditation teacher who can help you revive the flow of prana in the nerves. I you wish i would be happy to connect you to the person. He does not charge for this seva.
hope you get well soon:-)
drop me a mail

Sujatha said...

Sir - momentum - ஒரே அடியா பிச்சுக்கிட்டு வர போகுது போல holding against ur view is "very uncomfortable for me" but u only "taught me - be simply yourself" hence holding TT tightly for my support.

Prakash-Pol said...

Nifty took it's own way. It is not considering anyone. It could open up above 60 points. It didn't. Weak IIP data. It can go down now. It will not.

Sujatha said...

Prakash-pol - Is IIP data out??? i totally forgot this one

Rajan Malhotra said...

Dear Smita
Wish you a fast recovery. But for
faster recovery complete rest is
absolutely essential,which may run
into weeks.

nifty rider said...

nf today's low n open same at 5175.so bulls have a chance as long as they protect this.

Smita said...

yes Shriram ji , we started together , but you have gonefar ahead of me :)
I am trying hard to keep up...
Sujatha ji , Primal ji , Puravi ji , thanks for your wishes , after two weeks only I can start exercise .

I am blessed .
Many thanks

DKG said...

Sir,

How much filter we use in BNJNSAR?

puravi said...

Sujatha bhen...please give way at signal no:17:-)

Piyush Sharda said...
This comment has been removed by the author.
Kumar Technicals said...

Dear Smita!

Sorry to know about your slip disk problem. Have rest & dont do any Aasana or exercise when you are in pain either it may be a life time trouble. Homeopathic have very good remedy for this problem so you can contact me or anyone from ur town. Avoid cold things, white sugar, white salt, coffee, tea, potatto etc. & eat 4-5 dates (KHAJOOR) daily. Do not lift any heavy thing by bending on your back, use ur knees for that. Avoid constipation anyhow so you can take Papaya for that. Wish you speedy recovery, take care..

Ilango said...

@ Sujatha ,

Best trades are done for "Intraday" is to "sell on rises" when major intraday averages like 21 hr sma(5245 now) & 34 hr sma(5273 now) are trending down.

Similarly, when ever these averages turn up, you do the reverse.

Your trades are valid as long as week trend remains "UP". But for short term traders, daily trend is down presently.

Today is another classic day of "Global cues being used for sell on rises as our market's short term trend is down".

Parimal said...

Divi's lab has sharply moved up, more upside is possible, may be a bonus issue is expected. post bonus buying can be profitable in long run.
Ajanta pharma and Lupin are good buys at dips if would happen.

puravi said...

Again back from 618!!!

rajiv malik said...

Congratulations on the 4th anniversary !!! ilango ji and team for making this blog a pathshala for all nifty traders. i join all those who not only visit this blog for guidance on nifty and market but also to go through the most inspirational pieces by ilango ji which motivate and inspire to not just fight the battle of nifty but of the life as well. keep it up ilango ji !

love and regards to all ! from a proud member of just nifty family !

CDG said...

@Ilango,

if the EOD close comes to be above the DLEMA (5233) then will it bee safe to assume that 4th has ended and time to go Long for probable 5th

Nilesh Patil said...

@Smita Sis,
I would like to say that there is one DR. In Goa Dr. Antonio Gonsalves Shop no. G-12 building B, Kurtarkar Shopping Center , opp. Hari Mandir Malbhat Margao. 0832=2446344 He is a bonesetter.
My father was treated by him. Now my father has no problem of Slip Disk. Without any operation. If you want further information send me test mail.

Sujatha said...

Parimal - R u Dr?? or Medical Rep??? selecting only "medicals"??? hehe

Sir - thank you very much..but i am doing "ulta" instead sell on rises i am buying at low selling at high around of today's if the "price dictates me" then will carry the long is my "idea" . May god bless me and TT am initiating trade based on ths only

shivanGupta said...

sir which wave we are currently in as i am not able to lable move from 5209

sometimesbullsometimesbear said...

Are u paying wealth tax? Posted in JN google groups.

What is taxable

More than one house if it is unoccupied, ornaments, luxury cars,
watches, yachts, aircraft, and over 50000 cash in hand.

Rate is 1% of the value of these assets exceeding 30 lakhs.

Exemption: Any one residential property, commercial property, stocks
and financial assets, an outstanding loan taken to buy the asset.

Wealth tax return is to be filed by July 31.

Penalty is 1% interest per month delay. Penalty for evasion is 100%
to 500% of the evaded amount.

Parimal said...

Sujata Sis
these stocks are safe ones. Divi's lab has give bonus 1:1 almost every two years. Lupin has fantastic business setup and is very fast growing pharma company. it has strong global presence. so also Ajanta though is in small cap. segment.
apart from Pharma cos. ITC has very good business setup. HUL is another name.
these can be safe bets from medium to long term.
however ITC and HUL would not give big profit when Nifty very bullish

Smita said...

Nilesh ji ,

I will surely seek your help If nothing worthwhile happens here in Bangalore.

I really appreciate the concern.

shivanGupta said...

@sujatha

can you plz tell the importance of 5267-5217 candle now.

Smita said...

Kumar sir ,

Thanks for your concern.
Sir I am taking this rest against my wish , as they say either it is 3 weeks rest and then asanas and physiotherapy or a surgery. I am opting the first one .

Natti said...

Sir,
one small clarification.

21 & 34
SMA or EMA. Which one is better

Ilango said...

@ CDG,

If closes above DLEma at EOD, it may indicate a loss of downward momentum. However, it would require a follow up price action tomorrow.

From the stocks study I undertook this week end and updated in the "Stockwealth Blog's TA files", most of them are on a corrective for the rise from Nifty's 4770 to 5349. After this correction, another rally is likely, provided Nifty holds preferably 5185, if not 5135.

numchar said...

@Smita

Here at bangalore heard good feedback of Dr.Krishna Raman , his clinic is at Indira nagar http://www.krishnaraman.com/

Sharing for reference , in case if he is of some help.

CDG said...

Thanks Ilango ji.. You are great....we will wait for your EOD post..
the Lead indicator of 'Day' in comparison to that of 'week' will give some very good picture...Atleast to me...

Regards

eevra said...

how many of JN family is in Bangalore / Hosur pls

Suresh Nifty said...

@ eevra ,,,I'm in Bangalore

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