Wednesday, July 18, 2012

Nifty Intraday Update-II


74 comments:

skmishra said...

good afternoon, holding on to steering...

Sujatha said...

stock4 - that's very nice...580 but who knows chart can play this for intra pocket something and can go

mishraji - please post while changing the gears

Sujatha said...

Sir - yahoo & NSE showing low of 5169.05 nd me too seen @ charts.. but google not showing. please consider what to do??

regds

bharat said...

@ Stock4sure - Amazing!

Kiran said...

Sujatha Mam,
Google also showing low as 5169.05

May be just need to refresh page.

CDG said...

@Shriram,

My fingers are crossed now as 5196-98 is approaching.....

Kiran said...

RELINFRA up by almost 1.8%

shriram said...

@CDG,

guess ilango ji had clarified a few mins ago.. am just repeating

DLEMA may resist @ 5197, will be an aggressive trade to take.. better wait for 5226 to turn up Dev. 5DEMA & trade > 34,30m for safety

prakashbkc said...

Open & low for 12:00pm candle is same

Sujatha said...

bharat - agree.. but i am no way related to charts

kiran - :D thanks i forgot to set my "autorefresh"
which will come automatically every 1 minute

so finally - this is a light confirmation that my ancestors received my mail and doing the needful. Kumar sir :) :)

CDG said...

Thanks Shriram..I missed that point..Thanks for highlighting..

Prabakar said...

NIFTY OPTIDX Open Interest at 12 -> CLICK HERE

puravi said...

Right Shriram Bhai...5222-5226

skmishra said...

@sujatha :) seems so..
my wishful thinking, go india. go.. 'say bye bye to 51XX' for now!

vksoni said...

sir,
what is the sl for longs taken above5196?

chetas said...

Sir,

Falling wedge broken on upside, in my chrt it comes at 5195 is this correct?

shriram said...

Hi puravi,

hope the TA is going gr8 :-)

Anyone tracking JK tyre / Dena / CAIRN / HDFC Bank ??

J.R.Julius said...

Alert for CAMARILLA L3 BUYERS
Counter Pin Bar Seen.
Possible to start Downside Again
This is valid till 5198.8 not cross
in NS.

J.R.Julius said...

5198.80 Broken Keep Trailing

Sujatha said...

mishraji - mm.. wishful thinking for me too this has to 198/208 taken out for short term and it will do so as nifty didn't touch 200/ema or 89 ema level.. somehow happy my no. protected. i always give "falst breakout chance whether up or down 25 points" even to CAM i will consider this 5188- 20 = 5168

Unknown said...

Breathing points 5197/5210/5226/5246-5250

madamuniramaiah said...

Sir,
hoping that the limping niftys wond will heel today with the PRESIDENTIAL ELCTION,as acorrct medicine?

J.R.Julius said...

NF H3 5215 almost reached...

puravi said...

AOh..Shriram Bhai,

Awgad ahai amchya satthi...tari prayatna chalu ahai

Amol Sharma said...

Now at what price Falling wedge's resistance line ? Nifty resisted there ?

Ilango said...

Ilango said...
@ shriram,

ED is still valid as the supporting line for the current hour is @ 5168.

It's also possible for a false break down and a reversal. These are aggressive views.

The conservative one is to attempt longs above either 5196 or 5226.
July 18, 2012 11:15 AM

Nilesh Patil said...

@Shriram,
I m tracking Denabank and Hdfcbank.

CDG said...

@Ilango,

Just like false break down there is also a possibility of false break out. Correct?

shivanGupta said...

sir nifty has broken out of upper trend line of falling wedge so how to confirm that it is a valid breakout.

shriram said...

Dear puravi..
Prayatnanti parameshwar , lage raho :-)

Namaskar Nilesh :
Kay vatate , kuthe jau shakel gaadi hya stocks chi ??

puravi said...

illango Sir,

These longs are only for Intra...is my understanding correct. please guide

prahalad said...

I need some guidance in currency trading.Can anyone help?

DKG said...

Come on Bears, Show ur Power !

Nilesh Patil said...
This comment has been removed by the author.
puravi said...

Shriram :-) Maharaj Jai Ho!!!
apla chutish cha akda 207 la ahai...X kadhi hoonar?

Ilango said...

Clearing day's high-5204 before 12.50PM would be a faster retracement of the last fall of 35 points to 5169.(Not a very significant one though but nevertheless the first sign of strength)

False break-out is possible. How to know? No way.
But one should manage it with our usual 20 points.

Aggressive intraday trader would have bought @ 5170.(PreMarket's support)

shriram said...

@ puravi:
Always be mindful of higher DAY TA

An EOD close > 5210 will favour bulls for following reasons :-
1. Close > Falling Wedge Breakout
2. EOD candle wud be a HAMMER or a long Leg Doji (reversal candle)
3. close will be > 34EMA,30mins for min 1 hlf hr

And If we get 5226 , tat wud be awesome for DAY TREND :-)

@ Nilesh: thanks a lot

Ilango said...

Faster retracement timing to be read as 1.10PM

Sujatha said...

Nifty taking snacks and tea here..once over it will jump to "jumbo meals"

shriram ji - add - 5247-5169 = 5208 50% FIBO.

shriram said...

hi suja:
wen can we enroll for ur cooking class pls :-)

Nilesh Patil said...

Good Afternoon Friends,
Udyapasun Shravan Mahina chalu hot aahe. Tar Ya mag aajcha Kolhapuri tamabada pandhara rassa pyala.
comeon friends for todays lunch.
http://www.radiomirchi.com/blog_images/TAMBADA%20PANDHARA%20RASSA.jpg

Ilango said...

1.00PM TT & Chart Updated.

shivanGupta said...

sir on hourly closing basis nifty closed below the trend line

puravi said...

@ Shriam Bhai...
1 Hlf hr...mhanje ardhya tasachi ek mombatti? any aplyala doon bagayeche...barobar?
Thanks

@ Sujata...whay from 5247 not 5267...please guide

madamuniramaiah said...

Egerly waiting for jumbo meals time.

SJkolkata said...

Sujatha,
the rest is nothing but adjustment in options OI.
the scenario is changing very fast as far as OI is concerned while Nifty is stagnant.
Regards

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Update at 1:00 PM

Thanks & Regards

simple girl said...
This comment has been removed by the author.
simple girl said...

nifty might end up today around 5170 :)

puravi said...

@ Illango ji,
with 5300CE being above 1cr
STK crossing over the falling trend line

Where would you suggest to enter again in the direction of JNSAR?

Thank you

Sujatha said...

Puravi - nothing but v r n mid week -just look for short term balance 2 days + today = book profit if it comes up in week end. during week end break ur head for "positional"

SJK - :) :) i am a "fastfood eater" of OI will take it from others

Ilango said...

@ puravi ,

5300 is still a 100 points away. Nifty could reach 5300 and still the 5300PE writers could pocket the full premium.

What we are observing now is that "Falling wedge's support line" as well as "Daily channel's support line" have held @ 5169. If Nifty closes above DLEma, it is a confirmation of bulls gaining in the ST.

Look at the retracements of 5349 to 5169:

38% @ 5237
50% @ 5259
61.8%@5280

And weekly pivot @ 5264.

In the meanwhile, this immediate rise should hold the retracements of 5169 to 5201:

50% @ 5185
61.8% @ 5181.

Kiran said...

Nileshji,

Gatari ekdum majet...

puravi said...

Thank you Illango ji & Sujatha ji
You are very kind!

Sujatha said...

Sir- y this grinding veri?? any consolidation is going on for 5125??? worried a bit but bght @ nd holding :( atleast nam ke vasthe it has to touch the 2 days high but not coming???

Ilango said...

@ sujatha,

Every segment of upmove(consists of 12345)is followed by a consolidation(consists of abc).

Only patience and this knowledge could sail us through.

5180 becomes important to hold and 5210 to scale.

POWERTRADE said...

Bollywood's first superstar, Rajesh Khanna, is no more -- Kaka departs Today RIP

Suresh Nifty said...

Dear Ilango sir...Aggressive traders means buying on suppor & selling on resistance as per premarket right,,,without seeing the "trend" ...I'm thinking right?

Suresh Nifty said...

Right now I don't have any position Sir (all booked yesterday) as JNSAR is in sell mode,,,can I short,,,,for target of 5130 with SL of 5245,,,

Manish said...

Jai Jai shiv shankar kanta lage na kankar

Ke pyaal tere naam ka piya.

The superstar goes to Ashes at 4.30 today.

Dinesh Rishi said...

Kaka RIP

http://www.youtube.com/watch?v=29P6tmF7ddQ&feature=related

Kumar Technicals said...

Dear D R Sir!

Song is good but mood is not good now bcoz Kaka passed away, thanx for song.

sometimesbullsometimesbear said...

Jindagi ke safar me guzar jaate hai jo makaaam
Woh Fir nahi aate...

Best of his times.

sometimesbullsometimesbear said...

Patjhad ke jo phool murjha jaate hain

Woh baharon ke khilne se aate nahin....

Dinesh Rishi said...

Zindagi ka safar hai yeh kaisa safar

Koi samja nahi koi jana nahi

Prithvi said...

MASTER,

U SAID CONSERVATIVE TRADE COMES @5226 , SO CAN WE GO LONG AT THAT LEVEL WITHOUT JNSAR ??

Rahul K. Jamkar said...

not a single red dot today.

shriram said...

--> back

Finally 5HrCEMA has turned UP @ 14:00 hrs
& CMP > Dev. DLoEMA !

Now, lets see if bulls can gun down 5208-5210 & then reel in 5226

J.R.Julius said...

Camarilla - Now@ Scenario 2
Nifty Futures
H4 5232[BUY]
H3 5215[SELL] /Need Tech confirmation

puravi said...

Ilango Sir,

As per JNSAR...I have traded 1Lot again...now as per my understanding when price moves above DLEMA +20 its an opportunity to sell and come backe to position.
However as Per EW we may have ended the correction + there is the hammer candle stick+ breaking out of a falling wedge...would it be prudent to resell at retracement from 5349?

Your guidance will help clear the picture Sir.
Thank you

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