Thursday, July 26, 2012

Nifty Intraday Update-III


85 comments:

bharat said...

My Guess: 5060 50% Fibbo level

anmpatel said...

@s4s
what will be exact SL for banknifty. thanks.

Hemant Harke said...

My guess
Near DLEMA - 5110

Sujatha said...

Jiggs - hi... how r u??

My Expiry Guess -

5106 = near by LBB 200 and 50 SMA
July 26, 2012 2:18 PM

shriram said...

Dear Jiggs,

Pls take my NS value for today's closing
Nifty will Resist @ 5121 Wk-Lo-EMA &

end the day around DloEMA @ 5113

Anil said...

@Jiggs,

5110 just below daily low ema and same as near to y'days closing...

STOCK4SURE said...

anmpatel
i guess its some points below 10160
at present is getting support near 10197 on lines joining two days lows

CDG said...

@Ilango,

We are at a very crucial range of 5093-5103 and that too in an expiry.
Will you be so kind as to please post 5 min chart as well just to show a glimpse of EW waves and what are the next possible moves.
Thanks and Regards

Nilesh Deshpande said...

My Expiry guess 5038 (DH - ATR *1.5)

Jiignesh said...

@sujatha
I am very fine

Ilango said...

@ CDG ,

Till below 4990, I would consider it as a consolidation.

However, to manage the trades and considering the "Red TT", I suggested for the retrace of 5144 to 5077, yesterday and even some aggressive selling @ 5115-25 with SL being 80%-5131+1=5132.

To label this corrective is challenging but to label a week/ day charts is fairly simple and you get the most crucial "direction" from them.

This week closing below its WLEma and then 31st July's close below 5173 would be "Bearish".

Sujatha said...

Jiigs - who's that "Maharaj" on the seat?? :)

Ilango said...

Read as: Till "above" 4990, I would consider it as a consolidation.

sanz said...

my expiry around 5098 Near around yesterdays 50 & 200 SMA. it will surely give a support at least today. :)

STOCK4SURE said...

wish to see bulls coming out of their dens now

Sujatha said...

sanz - ulta boss - time up :(

jiigs - :) :) mm.. modern jeans maharaj chair size for "rishi kapoor" but "ranbir" size man is sitting

Hari_Hyderabad said...

@ Piyush Sharda

Thank you, I have booked part profit. In the morning I was afraid to take position on Stochastic Negative cross over and after your advise only I took position.

Atharva said...

Master , any suggestion to book yday's aggressive shorts?? Thanking you ...

Jiignesh said...

@sujatha
Rishi kapoor size to me ban na saka to tried his size chair :)

Atharva said...

Should it be @ S2 5058??

Atharva said...

As per Hawala short @ 5149 ..50% is booked and balance will be closed @ 3.25 pm or TSL 5099

Ilango said...

@ Atharva,

A logical support is 5058-64.(Part book)

If breaks 5042 tomorrow, then 61.8% @ 4991.

Jiignesh said...

July series Expiry guess
Link
https://docs.google.com/spreadsheet/ccc? key=0AiuEr0q3LMk2dDV4RmRQa1RqWk0wQUpvYWcxNjEzWmc

Sujatha said...

OK done 50% ??? :( 18 trading days 15 red candles so far

Atharva said...

Master @ S2...5058

Atharva said...

will it give 5049..that will be perfect 100 pts on hawala short

Ilango said...

3.00PM TT & Chart done.

Buzz said...

freefall... aah se aahaa tak!

anmpatel said...

@master
a/c to EW (as you discussed in morning) buy around 5085 with SL of 5040. is that view still valid after this fast fall??thanks.

SAM said...

@ Atharva what is hawala short ??

J.R.Julius said...

repost:

J.R.Julius said...

Nifty Spot
for the Minor Swing 5144-5076
retraced 61.8% 5119 yesterday itself.
Today breaking 5144 may lead
5163 and 5186 initially.
incase if downside breaks 5076 may lead
5058 and 5035 initially.
July 26, 2012 8:03 AM

Atharva said...

Hawala short TSl shifted to 5049..

Ilango said...

@ anmpatel,

It was suggested that Nifty's consolidation could end in the region of 5042-96(in extreme bearish scenario, it could reach 4991-61.8% also).

When Nifty resisted below 5131(80%) with a open & High being same @ 5126.30, it was a sell.
When Nifty broke below "5097"(5094)-the minor support, it was a sell.

With such weekly TA and trading almost 150 points below MEma(5173), One would postpone such a long entry.

Atharva said...

Being last day we may not get 170 pts but still happy with 100 pts..

Atharva said...

Mr. SAM it is close of NS on last expiry...

Piyush Sharda said...

@my pleasure hari_hyd

well thanx to dineshbhai for telling this setup.

Nilesh Deshpande said...

@Jigs Sir,

Am I the nearest to the expiry target yet?

Lakshmi said...

Dear Sam

5149 was JUne month's expiry price

Atharva said...

5100 pe from 6 rs to 56 ....

J.R.Julius said...

Nifty Spot : Down Projection
for the Minor Swing 5144-5076
retraced 61.8% 5119 yesterday itself.
Downside breaks 5076
Projections: 1.272% @5058(done) and 1.618% @5035(done)
2% PENDING @5010

SAM said...

@ Atharva... how you trade based n last month expiry close

Atharva said...

@stock4sure :sir your + ww 60 tf ...though tls are not converging..still a good R::R

Jiignesh said...

@nilesh deshpande
Yes u r first current

Ilango said...

@ Jiignesh,

The link isn't working.

suresh said...

picture baki hai

Jiignesh said...

https://docs.google.com/spreadsheet/ccc? key=0AiuEr0q3LMk2dDV4RmRQa1RqWk0wQUpvYWcxNjEzWmc

bharat said...

@jiignesh

The link not working

NIKUNJ NARIYA said...

https://docs.google.com/spreadsheet/ccc?key=0AiuEr0q3LMk2dDV4RmRQa1RqWk0wQUpvYWcxNjEzWmc

Jiignesh said...

https://docs.google.com/spreadsheet/lv?key=0AiuEr0q3LMk2dDV4RmRQa1RqWk0wQUpvYWcxNjEzWmc

Ilango said...

It says:


Google Docs

We're sorry.
That is not a valid spreadsheet URL.

Find out more at the Google Docs Help Center.

Ilango said...

Got it now.

Thanks, NIKUNJ NARIYA.

Jiignesh said...

@sir
Try second one or try nikunj's link

Atharva said...

Hawala short TSL 5049 hit closed position...

skmishra said...

https://docs.google.com/spreadsheet/ccc?key=0AiuEr0q3LMk2dDV4RmRQa1RqWk0wQUpvYWcxNjEzWmc#gid=7 <---- this is the page

Ilango said...

@ Nilesh Deshpande,

Congrats..

Enlighten us on this "DH-ATR*1.5"

sometimesbullsometimesbear said...

Haan suresh eee tho trailer hi laagat hai! :)
Dekha ho aagee kaa hovat hai.:):)

bharat said...

yippie...I am Silver Medalist (With Chetas)

BALA said...

NIFTY SPOT TO NF aug shows premium? any reason that market will go up in Aug

skmishra said...

Chetas, Bharat, Nilesh close fight!

Shradha Saburi said...

@ nilesh deshpande
congrats!!!!!!!!!!!!!!!!!!!!!!
you are the winner!!
regards!

puravi said...

Nilesh Bhau
Congratulations!!!!

Jiignesh said...

@nilesh deshpande
Congrats
Thank you sir

Dinesh Rishi said...

Nilesh Deshpande

Congratulation - We want Party man

cooldent said...

Congrats Nilesh sir

Kumar Technicals said...

Congrats Nilesh Deshpande ji!

You are clear cut expiry winner...Enjoy & take care:)

Thanx Jiigs, take care:)

suresh said...

Congrats,Nilesh ji

vikas said...

Anyone close to my guess 5040!

Jiignesh said...

Ilango said...
@ Nilesh Deshpande, Congrats..

Enlighten us on this "DH-ATR*1.5"
July 26, 2012 3:29 PM

skmishra said...

Congratulation to Nilesh and best wishes others! :)

NIKUNJ NARIYA said...

CONGOOOOOO NILESHSIR
AND
@ILANGOSIR
ALWAYS WELCOME GURU

Dinesh Rishi said...

Jiigs Plz check Row No 40 in the XL sheet

Anil said...

@Nilesh ji,

Tumhala mana pasun, shubhechha...

numchar said...

@ Nilesh Ji

Bahut bahut badhai ho !!

Nilesh Deshpande said...

@Ilango Sir,

Thanks a lot to you and all blogmates.

I was waiting for 5065 to be broken as it was yesterday's close (5110 - 57*0.8) where 57 is ATR at yesterday's close.

Normally in absence any adverse conditions, this range of previous close - ATR *0.8 holds as lows and highs.

Once the range breaks on either side, the day's extreme, (in today's case the DH) minus the ATR *1.5 is the next logical stop.

In case of a upwards break out, this becomes DL +ATR * 1.5

Thanks a log once again to all.

SANPOT said...

@Nilesh Deshpande, Hearty Congratulations.

Prithvi said...

MERA NUMBER KAL AAYEGA

sometimesbullsometimesbear said...

Nilesh Deshpande sahib sahi predict karte ho yaar
Bahut badhai ho tumka.

Krisna baba ke hotel par party rakhen ka?

satheesh said...

Congrats Nilesh Ji!!!!

SGRaman said...

Hi Deshpande Ji, congrats !!

What is ATR? is it Average True Range or Absolute True Range?

mishra samarth said...

dear nilesh,
great people like u share there explanation for there decision. thaks for sharing

Prabakar said...

Congrats Nilesh Deshpande Sir and Thanks for sharing.

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