Monday, July 16, 2012

Nifty Intraday Update-III


57 comments:

Sujatha said...

OMG - protect my place crores of thanks

Smita - pls. avoid operation 199% the hell that is
I wish you speedy recovery without any "complications"

Shivan gupta - check the EOD chart last two candles and find out the pattern :)

Kumar Technicals said...

Dear Smita!

Dont worry! No need of any surgery....you will run like hind (FEMALE HIRNI), just take care of ur health.

On this 4th anniversary of this blog i request to all senior members of this forum like RG, Fire, smiling RM, AARVEE to give their presence atleast once here at JUST NIFTY. I am sending this comment on their e-mail ids:)

shivanGupta said...

@sujatha

is it double doji pattern

venkatapathy l said...

@ Smita

Do not go for operation. Avoid pain killers.

LV

shriram said...

back-->

looking @ the sluggish moves, another EW option

"C" may have commenced DOWN from 5267 as an ED...

3rd wave, C.c if in play DOWN from 5246 can do 50 pts to 5196 / 5175

Sujatha said...

Niftyyyyyyyyyyy - enough is enoughhhhhhh run up it's ur "up" time plssssssss 99.9% of my friends here r against "me"

Suresh Nifty said...

Monday afternoon Any effect,,,,Its 2:30 time,,,

Bhavan said...

Sir;
GA
Many Heartfelt Thanks for starting this Blog ,which I am sure has changed course of life for many of us though being a blog dedicated to Nifty through your never ending efforts and zeal on All weekdays with a sincere wish that this tradition continues unendingly.
A sincere Thanks to JayMam for being what she is.

Sujatha said...

shhhhhhhhhhhh apppaaaaaaaaaaaaa - mudiyalada sami

shriram said...

hahaha.. suja amma:

sami "aka ilango ji" morning la declare pannitaaru .. "Sell on Rallies"

neenge padikaliya , Ippo enna pannalaam ??

Idli was ready for the taking @ 34EMA,30mins @ 5246 wid 20pts Burnol, but ur right, "b" waves are not worth trading :-)

Pankaj said...

@Sujata,just do not book any losses here. Once market touches 5190-5185, this retracement would be complete, and in a day or two you will be back in the money.

Hari_Hyderabad said...

Stochastic negative cross over seen in nf 60 mnts. chart

Kumar Technicals said...

Dear D R Sir!

Today is colourful Holi of JN, where u r busy?

http://www.youtube.com/watch?v=HfQviNomcoA

Sujatha said...

shriram-ji - yes very much..but am using that one for buying :P :( not comfortable in shorting. trading is within my nos. 270to215.. unless any of which taken out "no trading zone" only "scalping zone" May god bless me please. BNF holding is another reason for me to initiate chotta long but if this hourly close is below 215 i will be "out frmlongs before my SL hits

shriram said...

Bears still recovering from weekend hangover like me..

jus had "Eleventy Two" Beers & am still counting Fibbo ;-DDDDDDDD

Nilesh Patil said...

Dear Hari Sir,
as per my exp. trade second candle of crossover. It gives best results.

Crorepathi said...

Sujatha,
Myself Crorepathi in the making...JN had made me learn more of discipline and application of TA for option writing. I may sound rude but it's so easy to make money in market when you have the enlightment of price. 5 Hi Lo is the stepping stone towards enlightment...
BTW if we issue ticket for party at "thivu tidal", will become instant millioner :)

Ilango said...

Touched the channel bottom @ 5207(approx)

CDG said...

we are near EOD and Nifty is making Lower lows

raman said...

@smita
My wife got cured of problems in L4 and L5 caused by a sudden fall from a height. She rested for about 60 days and thereafter wore a back support for a few months. Now her back is no longer a problem. Please take good and some extra consultations in this respect before venturing for surgical correction.

Sujatha said...

pankaj - thanks for ur views

Amol Sharma said...

will nifty fly higher from here ?

Nilesh Patil said...

@Sis,
I m also small bull with you.

skmishra said...

NF absorbing high volume at this price! ......?

Hari_Hyderabad said...

@ Nilesh Patil

Thank you for the guidance sir.

shivanGupta said...

sir is 5th wave forming a falling wedge?

J.R.Julius said...

Today End with 2 TL Scalps.
Thanks for the blessed day.
See you tomorrow.

Ilango said...

3.00PM TT & Chart updated.

Kiran said...

Nifty is "Sell on rise".
But CNX IT is sell now buy after an hour.

DKG said...

@ Sujatha,

Why this kolaveri D?

Trend is down, why r u going against it?

Ilango said...

@ shivanGupta,

If it is a falling wedge in the "sub-wave-v" from 5267, it should not fall below 5190.

MK said...

Ilango sir, nifty upside and downside range this week?

nifty rider said...

ns 5200 is what bulls have to safe now on closing basis to make this fall as a correction.

venkatapathy l said...

@ Sujatha

Do you hold your longs or got out?

LV

Sujatha said...

LV sir - am out as mentioned "close below 5215" hourly but no shorts... will wait and buy

shriram said...

ED labled from 5267 , C.c approaching Tgt1 : 5188

c.a 5267 5209 -58
c.b 5209 5246 37 -64%
c.c 5246 5188 -58 100%

Dinesh Rishi said...

Kumar Sir,

Anniversary Celebration Hangover still hanging

and My trade setup still pending so Relaxing

A song for those all who left us

http://www.youtube.com/watch?v=cNAC4mvqmq4&feature=related

eevra said...

Nifty premium erosion

Sujatha said...

DKG - EOD closing below 5188 is utter -veness or else i will initiate a "small call here" instead nifty + any hr close abv 5250 is seeing +ve ness applicable for this week. hence i am buying @ 215 and throwing at 45 levels. but really worried about 215 now :(

Ilango said...

@ ShivanGupta & Shriram,

Falling wedge's form is missing. It is not likely to be an "ED".

Kumar Technicals said...

D R Sir!

I am keenly awaiting for ur trade, do not forget me:)

http://www.youtube.com/watch?v=904cLI8G2sA

shriram said...

@ ilango ji ,

Form as in ??
ED is a 3-3-3-3-3 .. r u seeing any impulsive fracs in this move ?

Or am i missing ur pt sir , kindly explain

Anil said...

@sujatha

hope you remember 5180 level..this zone is a great combat zone..lets see how bulls save it..will be watchable...

Ilango said...

@ Shriram,

Form = visually a wedge like structure.

Now the channel is broken in Hour.

Day channel bottom comes around 5135-50.

We'll keep the ZZ presently.

CDG said...

@Ilango,
you were correct again.. Seems getting some support at 5190

Dinesh Rishi said...

Kumar Sir

lovely......

Suresh Nifty said...

Now Nifty is below "20 EMA"

Amol Sharma said...

Sir Said ...............................

Day channel bottom comes around 5135-50.

raman perumal said...

@ DR sir,
Bank Nifty DRSAR is hit in negative side, whether it is advisable to go short in bank nifty

shriram said...

ok, tks sir.

Just an Academic Query for future use --> Is it mandatory tat an ED always resemble a CT or a Falling Wedge ?

Mean to say, cant we hv a parallel channel or even an expanding triangle as ED , wot does ur exp say sir ?

Sujatha said...

Anil - i expected this may touch.. but didn't expect close s below 5215/17 level check the bar pattern of last 2 candles @ EOD chart still chances to sharp bounce if 5188 /90 protected @ EOD becoz of the strong support line. wishful thinking close abov it

Anil said...

@sujatha

i too expecting upside, but the way it ran in morning hours,place a doubt in my mind...
Now 5320 will be watchable...

Ilango said...

@ shriram,

ED in EW=Wedges in TA.

I don't remember seeing differently. However, "evolving markets" could surprise us.

shriram said...

thanks sir,

its a pleasure everyday just to be here :-)

Bye all , good day!

shivanGupta said...

sir if possible please post 5 min EW chart in your evening post.

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