Wednesday, July 4, 2012

Nifty Intraday Update-III


56 comments:

mynac said...

Good 9lac plus addition in NF O.I.and Bulls need just 15 points..from here,to force that sellers to cover their intra shorts...Let us see...

eevra said...

Thx Mynac, can you teach me how to calculate levels like " bulls need just 15 pts .. from here ". Respons when you are at leisure.
thx

mynac said...

Dear eevra,
5313 is today's high volume trade value and 5318 top... so/if Nifty shall start to trade above that value then,some of the intra weak bears would think over short covering,is simple logic...
Generally Day top + 5-10points are S/L for intra short,is imagination..

Ilango said...

If it is the "v"th wave, it should not break 5287 as the "triangle corrective possibility" continues being stuck below 5318.

DKG said...

DR Sir,

Come on Join me...

http://rpmedia.ask.com/ts?u=/wikipedia/commons/thumb/c/c8/Saagroti.jpg/120px-Saagroti.jpg

shriram said...

--> back

ABC done @ 5374? will know if we take out 5318 ONLY

Hari_Hyderabad said...

Stochastic cross over in 60 mnts. nf chart

eevra said...

mynac, junior master in the making..

shivanGupta said...

sir is there any way to find 5th wave target above 5318.

shriram said...

Re-calibrating the Alt EW count for C.3

c.3.1 5096 5159 63
c.3.2 5159 5125 -34 -54%
c.3.3 5125 5317 192 305%
c.3.4 5317 5274 -43 -22% DONE

If we r in last sub-frac of C.3 , then it shud do =c.3.1 as follows (for a copy-book 5fifer)

c.3.5 5274 5337 63 33%

then C.4 DOWN may begin, lets c

mynac said...

Dear eevra,
It's not true.. these are just short lived observations..

Understanding market from Longer time frame to Hrly.time frame needs more than study..and we all are just trying the same everyday...yr.by yr. here... Some times it works.. and many time fails..:)

Ilango said...

@ Parimal,

Sesagoa is up now @ 5.5%.(Rounding bottom)

Identifying bullish stocks in an uptrending market is important.

Ilango said...

@ shivanGupta,

5338 was a target calculated based on "Ascending triangle's depth+Break-out point".

It coincides with the "Rising wedge's upper channel resistance".

The other resisting point would be MHEma @ 5334-42.

All adds upto 5334-5345.

Only a move past 5345(approx) would be bullish. Failing which,

Hour TA would begin to exhaust;
Rising wedge patter could assert;
5300CE having higher OI than 5300PE.(I'm not aware of 2.00PM updates)

mynac said...

Intraday NF O.I.addition over 9.50 lac @ 2.40 PM looks good for up-move from here when Nifty is holding above crucial 5294...

Let us see,whether Bulls shall force those intra opportunistic few sellers at-least to cover their shorts in last trading Hr.or not ?

Parimal said...

Yes My Dear Sir
i am also surprised to SesaGoa shooting up beyond my expected target
thank you Sir
very kind regards

Parimal said...

My Dear Sir
as i mentioned earlier, another stock is JSPL up about 19 pts, importantly it is HighBeta stock, normally its Beta value is 1.14
regards

anmpatel said...

@master
kindly explain rounding bottom pattern in your EOD post or at least suggest some link where one can read.
thanks.

J.R.Julius said...

CAMARILLA Nifty Futures H3@5323.

shambhavi said...

hi i am a new to study about market pl. sir help me about study

KRG said...
This comment has been removed by the author.
J.R.Julius said...

H3 SELL
Confirmation need 5mins Chart MACD.

parminder said...

Hi anmpatel ,
for all detailed and specific indicators visit
http://stockcharts.com/school/doku.php?st=rounding+bottom&id=chart_school:chart_analysis:chart_patterns:rounding_bottom_reve

Nilesh Patil said...

@Master,
Kindly confirm cup and handle pattern in Ucobank,
vijayabank and Denabank.

anmpatel said...

5323 triggered wow........new high.......

Kumar Technicals said...

Rounding Bottom pattern:
http://www.investopedia.com/terms/r/roundingbottom.asp#axzz1zdzkeWj1

shriram said...

Dear Mynac,

Another HV trade @ 5300 now ?

parminder said...

nilesh ji,
full batsman with sixes and four across the boundary.

anmpatel said...

@parmindar
thank you ji thank you
its so simple...i thought something big secrete!!
we have to train our eyes....to see.

J.R.Julius said...

Personally Closed Long & wait for MACD
confirmation for H3.

parminder said...

Dr kumar,
good afternoon Sir

mynac said...

Dear Shriram,
Yes..it's @ 5297.80 or you may say 5298... and again @ 5306.55 too..but slightly lower quantity...

Nilesh Patil said...

@parminderji,
Peech hi itani acchi hai ki kya bataye.
SBIN reverse H&s activated on daily chart.

Parimal said...

My Dear Sir
M&M has been is long consolidation since end of November 2011. yesterday it has moved above 200DMA at 720 and it may also break the consolidation band soon at 760.
very kind regards

Ilango said...

A 5 waves from 5373 to 5307.25 is done(34 points).

17 points fall is acceptable to continue the "v"th wave.

parminder said...

Nilesh, pitch ko aap jaise batsman se kya farak padta hai if u can bat well on any pitch bt not me frankly u r opener.

Kumar Technicals said...

Dear Pam!

Good afternoon ji, ki haal chaal huzoor?

Ilango said...

3.00PM TT & Chart updated.

Ilango said...

@ Nilesh Patil ,

All those banks do have cup & Handle pattern waiting for the break out.

Keep in mind the invalidation points.(Closer to the handle bottom)

Parimal said...

Sir
Rounding bottom at SesaGoa counter
Sir its first spike was formed at 215 on 2.3.12. if this limit is crossed, then it can see the earlier high at 270 (17.2.12) from where it has fallen
thanking you and regards

Nilesh Patil said...

@parminderji,
DR sir ko bolo BN ko MHEMA ke upar leke jaye tabi score banane main maza aayega.

Nilesh Patil said...

@Master,
Thank You for confirmation and also invalidation poits.

Ilango said...

@ KRG,

Sterlite bottomed @ 88 with a falling wedge and rallied to 105.50 and had a correction and it is moving up in its 3rd wave or "c" wave.

Min.target of 110 done.

Use trailing SL of 34 period ema in 30 min. chart(Presently @ 106 & rising).

Ilango said...

@ KRG,

Sterlite & many stocks have given the
"123 method's strategic upmove/ break-out".

Amol Sharma said...

vix given 17.48 low

mynac said...

NF O.I.addition closer to 11 lac,now starts to look rigorous...when Nifty is not showing new Hrly.High for last Hr...

Come on Bulls...

SANPOT said...

Sir is there an Inv.H&S pattern on Nifty's 2 min chart neckline at 5305?

Dinesh Rishi said...

DKG

thanks for makki do roti and saag

aap ki kripa jaldi shuru ho jaye gi

bizagra said...

@DR sir..this is for u..http://karteekmanchala.wordpress.com/tag/panchhi-petha/

ab to kripa chalu kar do sirji..:)

sometimesbullsometimesbear said...

Dinoo aie shaktiyan da majaaak na kar puttar!

Dinesh Rishi said...

bizagra

aap ki kripa bhi jaldi shuru ho jaye gi

Lolzzzzzzzzzzzzzz

Dinesh Rishi said...

sometimesbullsometimesbear

Hum Bhi Dariya Hain Humein Apna Hunar Maloom Hai
Jis Taraf Bhi Chal Parainge Raasta Ho Jaayega

mynac said...

Thanks & Bye everybody...

KRG said...

Ilango: Thanks

Prakash-Pol said...

DId yesterday's high break ?

sometimesbullsometimesbear said...

Raaste apne apne Junoon apna apna
Thodisi Krupa Thodasa Pyaar
Bas Aur kya chahiye Trader ke liye.

:):) Have a nice day.

Hari_Hyderabad said...

@ Prakash-Pol

as per sharekhan, yesterday's Nifty (spot)high was
5317 & today's high 5317.65

Post a Comment