Friday, August 17, 2012

Nifty Intraday Update-I


36 comments:

NIFTYNINDIA said...

Nifty spot...1st hour close above HEMA....will go long...with 20 points sl...that is CAM H3 ALSO....5372...TGT 20 POINTS AT LEAST..

Prabakar said...

NIFTY OPTIDX Open Interest at 10 -> CLICK HERE

Piyush Sharda said...

@rajan malhotra

there is nothing appropriate or inappropriate in markets but we have to reach only one goal make more money and lose less money.

5,3,3 setting for certain occasion of joining trends was explained by dinesh rishi . it works well but one side.

35,3,3 setting by sir is faster version of 5,3,3 setting in day by sir as 5,3,3 is at times slow. its more relevant for positional trading on both sides.

sir if this explaination has error, pls rectify

NIFTYNINDIA said...

NF at latest high..5417...

Rajan Malhotra said...

Piyush sharda ji
You may be right, but as you have mentioned
that 35,3 ,3 is faster,this needs to be clarified, because in this lookback period
is longer than the 5,3,3. please explain at your convenience.

Piyush Sharda said...

@rajan malhotra
35,3,3, hour is faster than 5,3,3 on day.

Billgates said...

use just nifty TA file again wrote 5000 september put and now covering ,ate all the time premium of put buyers

anmpatel said...

@niftyindia
high is still 5416.95.

NIFTYNINDIA said...

Spot 5 min chart.... closing below 5 min since opening...and resisting 5417...will catious for long taken...

Smita said...

sir looks like 5 wave from low of 5356.85 over at 5398.7
now retracement on
Invalid if breaks the high.

NIFTYNINDIA said...

anmpatel...mini high 5417.6

STOCK4SURE said...

yesterday strong addition was seen in 5400ce
today strong addition in 5400pe

anmpatel said...

@niftynindia
ok. sorry. i was telling regular lot.

shivanGupta said...

@smita

i am learning EW so i could be wrong but i think we completed 3rd of vth and now we are in 4th

Ilango said...

Reacting from the resistance: 5399.

Smita said...

@shivanGupta ,

Me too in the learning process only , we might have completed 3rd at 5387 and now in 4th , if so then this 4th is irregular flat off which
a is done yesterday , now in b . But I am skeptical about this one by looking at the nature of this rise from 5357.

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers

LV

NIFTYNINDIA said...

NIFTY SPOT...5389 imp..trades below that for 10 minutes then will close long and will stay nutral...

NIFTYNINDIA said...

NIFTY SPOT....again trading above 5 MIN MA..so little safer now

Atul Mehrotra said...

@RAJAN Malhotra

35,3,3 is used by SIR coz its like more broken down sharper version of 5,3,3 on daily charts.
As you can see in one day nifty makes 7 hrly candles, so when we use 5,3,3 on daily charts it gives 5 daily candles in calculating value.
In the same way when we use 35,3,3 on hrly we r doing same calculation (i.e, 7 candles(for day)X 5 days) but the end result is more sharper & if any crossover we may b able to identify @ EOD that can get seen in HRLY charts only.

Because of this effect appearing in hrly people call it FASTER in the sense that they can find crossover of daily charts in hrly charts itself.

I Hope i had been able to put my thoughts properly. If wrong do correct me.

STOCK4SURE said...

IT index leading markets today
BN hand in hand with NIFTY
guess in later part of day trend may change and BN may be leading

Parimal said...

Strong resistance at previous high of 5399
also double top formation on hrly chart of NF

sometimesbullsometimesbear said...

Atul Mehrotra simple and good explanation. :):)

STOCK4SURE said...

midcap index and BN near 200ma supp in 5min charts
nifty 200ma near 5370
IT index 200ma at 5955

Rajan Malhotra said...

@Atul Mehrotra
You are absolutely right.Thanks for the same.
This I knew earlier. Actually the question was
the comparison of the 35,3,3 and 5,3,3 on hour
time frame only.Obviously the one with longer
lookback period has got to be slower,provided you compare them on the same timeframe.

Waquar said...

@ Ilango ji, does the correction from 5399 looks over at 5389 ??

Ilango said...

@ Waquar,

It could be a shallow correction but takes more time.

gkm223 said...

i request master to show hourly chart also, thanks.

nifty rider said...

bank nifty may lift up nifty

STOCK4SURE said...

keeping ns at 5390 bank nifty is being pulled down
manipolating by keeping BN stocks in nifty 50 in up mode and pulling down other BN stocks

Pankaj said...

@gkm223, its hourly chart only, the chart at the top left corner says cleary - Nifty Hour and 21 and 34 sma.

Pankaj said...

Near 14 lakhs PE have been added at 5400 today.

STOCK4SURE said...

fast rise setup may emerge in Bn
13ema kissing confluence of 34 and 55 ems
nifty too at supp of 200ema in 5 min charts

satheesh said...

Namaste Ilango Sir and all,

Moving averages converging in 5min BN Futures. Fast fall negated above 10560.

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