Friday, August 3, 2012

Nifty Intraday Update-I


73 comments:

Prabakar said...

NIFTY OPTIDX Open Interest at 10 -> CLICK HERE

J.R.Julius said...

@Mr.Prakash-Pol & Mr.Sandeep,
Good Morning - Have a Prosperous Day.

@Mr.Prakash-Pol,
CAMARILLA levels used in global markets
mostly they dont have much Gaps like
our markets.

http://www.google.com/finance/historical?q=INDEXDJX:.DJI

The concept of camarilla is using previous
volatility(range) with some fixed fractions
from mid point as previous day close.
To resolve this GAP issue:
We can use OPEN of today in cam calculator
instead of previous day close. Also if much
confusion like today open 5100 in NF 5221.25 in
Mini we can take ATP of first 15 mins 5212.

However one should backtest their own approaches.

Manish said...

Dear master and all JN friends

JNSAR is now 5175 as per master.

Wish you a Great Learning and Earning Day.

Good Luck !!!

J.R.Julius said...

Oh! My msg vanished! SPAMBABA?

puravi said...

Dear Manish,
5175 is JNSAR for tomorrow or should we take it as for today too...Sir please clarify

cooldent said...

Puravi

Individual discretion. Why cry for 15 points when we make much much more?

Manish said...

Stand corrected Puravi.

Prabakar said...

@Puravi,

Take note of DLEMA @ 5172.. and Sir's Premarket View.

J.R.Julius said...

Gann Sq9 - Support/Resistance - Nifty Spot
Support - 5184, 5166, 5148 Deep Sup - 5130, 5112
Resistance - 5202, 5238, 5256 Deep Res - 5274, 5293

Nifty Simba said...

As commented yday..........5180 arrives...Market in balance...5176---5156 NF major support....Don't be surprised if we have a 100 point rally from here.....Ehlers was correct..Market is like a whiff of smoke :)

puravi said...

Thank youManish & Prabakar ji,
5172 is 80% of the rise from 5154 too...
Hence the query 5172 holds the key as pre-market, just wanted to know if Sir is changing it to 5175

puravi said...

so nifty correcting rise from 5033

Nilesh Deshpande said...

As per ATR formula


Buy Zone 5195.75 to 5179.75
Breakdown Below 5176.55 broken now
Breakdown Target 5108.35

chetas said...

developing weekly candle ?

Nilesh Patil said...

@Master,
As per premarket Bought @5175 future 5185. with sl of 5160 spot. Am i correct master?

STOCK4SURE said...

nifty is down nearly 50 points but India VIX is nearly flat just up 0.02 pts

satheesh said...

Reposting,

Namaste Ilango sir and all,

Nifty DAY CHART:
Click Here

NIFTY WEEK CHART:
Click Here

dare said...

Sir,

Relinfra is near ur JNSAR 496....
whats ur view on that ???

suresh said...

julius ji,
how do u interpretate GS9

satheesh said...

@ Nileshji,

The ATR target coincides with the 61.8% retr for the rise from 5032 - 5246

Sujatha said...

May God increase Your Happiness Daily
Like the Price of Petrol....
'n Decrease Your Sorrows Like Your Mobile Balance!! :-)

Goodmorning sir and all :)

Nifty Simba your quote - "Don't be surprised if we have a 100 point rally from here.."

My quote - Don't be surprised if we have a 100 point DOWN from here. hehe that's market boss:D

Prakash-Pol said...

Grinder switched on. Who ? / ?

Prithvi said...

@Sanjay Jaiswal Sir,

Ranbaxy rockinggg

satheesh said...

@ Chetas,

Probably a Grave Stone DOJI!!

Ilango said...

@ Nilesh Patil,

It is as per the aggressive trade table. It is the right one.

Also one would have shorted at the open when it was available @ 5204-5DEma.

satheesh said...

Gravestone Doji:
http://thepatternsite.com/Gravestone.html

Ilango said...

@ dare,

If it holds 492 or the current low, it could reverse. Below 492, it is bearish.

Prabakar said...

Good Morning Sujatha..

What a quote!!!

dare said...

thanks sir.......

sandeep bhoite said...
This comment has been removed by the author.
Ilango said...

Grave Stone DOJI is "irrelevant" in the "middlepath".

Its relevance is pronounced when it happens at the "Top".

sandeep bhoite said...

weekly trend was trying to down ,, as daily & hrly was in overbought ,
Now Hrly come down from overbought
now if weekly come done to get oversold , we could get good rally
lets c news was ( either discounted too into price)are still there but we must stick to price
becase news gets discounted before we know ,

MASTER has good hands on it :)

SJkolkata said...

Sir
Can we take it as JNsar trigger @5170
Regards

chetas said...

thanks Satheesh,

lets do a

http://www.google.co.in/imgres?start=23&num=10&hl=en&biw=1366&bih=643&tbm=isch&tbnid=0Y7d-BBM427-VM:&imgrefurl=http://flickrhivemind.net/User/Sleeper%2520Cell/Interesting&docid=BeJfrOfMa1TX1M&imgurl=http://farm3.static.flickr.com/2239/2229264342_599baa218b.jpg&w=500&h=500&ei=r18bUOeBCoHNrQfa6oH4Dg&zoom=1&iact=hc&vpx=491&vpy=289&dur=2570&hovh=225&hovw=225&tx=155&ty=144&sig=110924836461344097057&page=2&tbnh=148&tbnw=148&ndsp=27&ved=1t:429,r:9,s:23,i:34

anmpatel said...

@master
please send me your any photo(full, potrate) on my mail. thanks.

Nifty Simba said...

@Sujatha..........at least we agree on 100 points...that's a relief....:)

Anil said...

For candlestick patterns,few thing are quite important...
Prior trend & Position where it occuring

suresh said...

in candlestick patterns,
colour,size and location are very important

Manish said...

Reliance infra
Open High Low
Aug 1, 2012
494.95 512.80 491.50
Jul 31, 2012
502.00 503.50 483.20

Sujatha said...

Prabakar - :) Shri -ji still @ US will move to "Non fam Pay roll announcer's tongue" today??
nd today's closing is decesive for whether 5350 first or XXXX first? when everything looking bullish that time ஆப்பு வைப்பாங்க :)

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers

LV

satheesh said...

Sir,

My opinion is though it is in the middlepath - it is happening at a resistance area of Contracting Triangle. So i thought it might be relevant for futher downsides.

Is my perception right sir?

NIFTY WEEK CHART:
Click Here

satheesh said...
This comment has been removed by the author.
anmpatel said...

last hour was doji...

satheesh said...

The week closing value shown in chart is 5227 - yesterday's close - hence long green candle

chetas said...

@ Nilesh,

The ATR targets also matches with Gap fill level at 5100 and Wlema

chetas said...

As of yesterday, the volume profile vales of NS , the POC at timeframes 1day-10 day all coincides at 5225-5230 range. If we get NS there again would be a good level to reshort, for sujatha XXXX trgt :)

Ilango said...

@ satheesh,

Firstly, the EOD alone would decide the type of candle for the week.

Next, the contracting triangle resistance would be around 5300.

It is true, there is a weakness....displayed by rising wedge, tradeable at its breakdown or at its exhaustion point.

It is true Day/ Hour displayed Overbought and hour with additional -ve div(minor).

That has taken the prices to WEma.

Below 5154, last pivotal low & 5160-10dma & JNSAR, more weakness likely.

Bulls live on the upperside of 50sma---@ 5140.(that is a 20 point filter to JNSAR)

It depends on what you choose to make your trade plan....aggressive or conservative or ultra conservative.

STOCK4SURE said...

dollar correcting from highs
now nifty may move up from near lows

Nifty Simba said...

In the name of Ehler............ 5240 has to come to achieve equilibrium.....lets watch...

Kumar Technicals said...

Good Morning ILango Sir & everyone!

Dear D R ji, Aapki liye peshe khidmat hai....

http://www.youtube.com/watch?v=ebi-u8cXmtA

Natti said...

Nilesh what is the SL for ATR trade

Kiran said...

DR Sir,

Aapka blog updated nahi hain (bankniftytrading)?

satheesh said...

Thanks a lot for the detailed explanation sir.

As per my Aggresive trade I have Shorted yesterday at 5225NS with SL of 5250NS - based on Harmonic pattern. Today the trailed SL is 5220 - based on 20 DMA and Day HEMA. I would partbook near 100 DMA levels 5151 and trail the SL as per todays Day HEMA.

Closed Positional Longs today Morning at 5214NF and added more shorts.

Sujatha said...

Chetas - gap fill 5100??? any other "number hole" gap etc., etc., below that??? for my eyes something is visible :P :( hope i hv to go to eye doctor???!!

Dinesh Rishi said...

Kiran

if not updated any time previous levels stands good

tired and lazy tody

chetas said...

Sister

1.618 times retrace of 5154-5246.6 = WE GET 5098,

also NF false low 5100, hinting something :)

Kumar Technicals said...

D R Sir Pranaam!

Sookha par raha hai desh me, kahan le jaoge sir Bank Nifty ko:)

Dinesh Rishi said...

Kumar Sir

Master Said

"Bulls live on the upperside of 50sma"

Yash and Dhan said...

A good thing today for me is that grinder started before hitting JNSAR. Once in a position the grinder can be killing. Many times I run out of patience and make a mistake only to see that markets reward such
trades handsomely.

Kumar Technicals said...

Dear D R Sir!

Thank you so much, so then should i wait for shorting till 10150 EOD?

satheesh said...

Bank NIfty 61.8% retr for the rise from 10056 - 10458 achieved at 10213

chetas said...

Seems NS has taken support at 50/200 EMA, both at 5163.5

Anil said...

@satheesh

i thing bullish gartley forming in hourly bank nifty...plz see it..

http://yfrog.com/5fbankniftyhourlybullishgp

shreyunik said...

5163 is 38% retracement of 5246 to 5033 and also month JNSAR. So a long trade with a small SL here makes sense, I believe.

CDG said...
This comment has been removed by the author.
rrknan said...

DID NS close above JNSAR 12

Hari_Hyderabad said...

@ Cool dent sir

Shall I get ready for Stochastic cross over in 60 mnts. ?

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