Thursday, July 12, 2012

Nifty Intraday Update-III


32 comments:

J.R.Julius said...

@Pankaj Ji & Sujatha Ji,

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

Above that I'm on your side!

Pankaj said...

Thx Julius! But were you short already the previous day from the high of 5345 approx? If yes, thats great indeed!

nifty rider said...

hum toh bailgaadi mai baith gaye, bhaloogadi chordd kar

parminder said...

To all,

what happened all gone where no posts coming

Suresh Nifty said...

Parminder Ji,,Market is also Silent,,,So!!!

prakashbkc said...

GA Master,

In 5200PE at 11:00am OI at 67.4Lakh down by 4Lacs but now it is 69.33 down by 2.15
In 5300CE addittion of 13 lacs in OI , does this indicate downside is limited?

Jagan said...

Ilango Sir.
I have missed the JNSAR.Can You tell me level for Selling.

numchar said...

Assuming the close at current price range , D.S.MACD and D.KST touching the signal line tending to be downwards .

Prithvi said...

Itna sannata kyu e bhai????

Hai bhagwan Sujata ki sun lena ,aur nifty @5270 ke uper la dena.

Jay Mataji

Suresh Nifty said...

any body when is TCS results

bharat said...

@Suresh...Today after market hours....

Ilango said...

@ Jagan,

May be tomorrow.

bizagra said...

Ilango sir..now 4th wave scenario gone...and we r in new downtrend??

Jagan said...

Thank You Sir.
Bye Sir and Friends.

Nilesh said...

@ illangoji,

if close below dlema can we carry short ?

shivanGupta said...

sir how to distinguish between c wave and 3rd wave

Anil said...

@all

hi,
a friend of mine doing some phd work in commodities..can anybody recommend any books...
preferred in both indian and global context...

plz reply...

Ilango said...

@ bizagra,

BN generally leads and its fall has been well within its channel and in corrective nature.

Nifty seems to be lagging a lot but the weakness will be pronounced only below the cluster of 5170-90 zone.

There is a bullish possibility that Nifty has done an "abc"(4770-5349) and an "x" wave may be in progress.

Based on Month prices below MHEma on closing basis, it is now left to Weekly momentum indicating "5271" for Friday.

The simple Lead indicator in week will be watched tomorrow. Day lead is at a support line. Hour lead is at the bottom but not triggered.

One more day for more clarity.(OR more??)

Take only those confident trades.
When in doubt, wait it out.

Sujatha said...

Julius ji - back..adhu enna sir circle??? symbolic of "new moon coming"??? hehe thanks for the chart..but brain related issues = tough for me

Prithvi - ameen god gone for lunch it seems :( atleast abv 50 or 62??? no probs for short term i believe (for me aggressive short term) agree - sofar never "a disciplined trader" i want a "horse power" but moving like "tortoise power" OMG - bless us 270 my friends will break "coconut" for you

Sujatha said...

Anil ji - me toooooooo Ph.D

...........
...........
...........
...........
...........

Passed Higher Secondary with Difficulty :) :)

Ilango said...

@ shivanGupta,

"c" waves often have impulsive sub-waves.

Hence, there will be no difference from 3rd wave

unless

it takes a different form such as an
ending diagonal or a triangle or
any other form which is not impulsive.

sometimesbullsometimesbear said...

Anilji the best thing is to ask him to meet KP. Rich and vast experience in commodity market mgmt :)

Anil said...

@sujatha

no u dont need any degree, bcoz the way u trade is a lot better than any qualified market investor, i suppose, as far as i know...

Ilango said...

@ Nilesh,

TT says "Hold shorts when closes below DLEma".

Risk could be managed with part booking.

Anil said...

@STBSTB

ok...thanks...KP??
Rumours are he is again active...??

sometimesbullsometimesbear said...

Anilji well connected well heeled permanently active.

Sujatha said...

Anil - ji aha - u r showing "white piegeon" to me??

Prithvi - yesterday's thought today done - JNSAR broke and gap down - tomorow's thinking - JNSAR GAP UP ..doesn't mean that "i am greedy" the way price is showing is something...mmm.. let us see 2morow

Bye

Anil said...

@STBSTB

yeah read somewhere, actually the SEBI ban on him, is more liable to activeness in market...through invisible hands...

Shradha Saburi said...

Dear Parimal
today nifty jumped the JNSAR and even it triggered lower hour kumo band but not decisively hour candle closed below it so I carry long in small quantity.this is only method i follow while JNSAR triggers by this way.
regards!

Sethu said...

Dear Ilango,

Please add 89 ema it will complete the TT. Now I understand why there are so many numbers in the TT. It serves as an escape point to you.

Sethu said...

Today's low 5217 does it ring a bell. Markets can give a surprise for all the shorts tom as weekly and monthly are intact.

I dont think anybody makes money on this low or high ema concept except in Trending market.

Post a Comment