Wednesday, August 1, 2012

Nifty Intraday Update-II


41 comments:

Prabakar said...

NIFTY OPTIDX Open Interest at 12 -> CLICK HERE

rrknan said...

Mor lows are not broken so far.

Kumar Technicals said...

Dear ILango Sir!

Thank you so much for detailed reply. Sir, can a corrective be justified from 5033, even if crosses 5235 as - a-b-c--x-a (done from yesterdays low to high today), b on from high intraday may be as 5-3-and now doing 5 (may be shallow ends above 5190) and then c up to follow?

Dear Pam! Good Morning, shukriya for non-stop evergreen msgs:)

J.R.Julius said...

Before one 5 Mins candle close below 5213
I trust upside only even pausing@5240

Ilango said...

@ Kumar Technicals,

Price moves are contracting since the low of 4531.

4531-5630=1099
5630-4770=860
4770-5349=579
5349-5033=316
5033-xxxx=

80% of the last fall @ 5286.

Under such contracting scenario, anything is possible.

Above 5286, an early indication of contraction ending will be known.

NEVER GIVE UP said...

good after noon sir and all friends.

Ilango said...

Zigzag correction form completed but not the target(5207) suggesting underlying strength.

Kumar Technicals said...

Dear ILango sir!

Thanks for the larger perspective, it opens a new window.

Amol Sharma said...

5200 PE > 5200 CE looks good for bull run cheers.

Amol Sharma said...

Need close above 5240

Hari_Hyderabad said...

@ Cooldent sir

Can I get ready for Stochastic cross over ?

Sujatha said...

Sardar was reading financial times.
Headlines : "microsoft buys yahoo messenger for $ 8.5 billion..."

He says " O teri... Kharida kyu ? Download kar leta pagle.

Prabakar - wat a menu?? :) "Shri-ji" will reach US today???

J.R.Julius said...

Next Level to be Watched H3...

Hari_Hyderabad said...

@ Cooldent

Thank you sir

Piyush Sharda said...

@cool, hari
yesterday dineshbhai told we can also use 30 min tf. 12-30 end bar done there.

Hari_Hyderabad said...

@ Piyush Sharda

Thank you

CDG said...

@Ilango,

It seems to be a gaining but with some labour.if it has internal strenght it should rather rise cleanly. So do you think it might be resisted at 5257 or till 5287? Month HEMA is at 5310.
thanks and regards

Hari_Hyderabad said...

Stochastic crossover seen in 60 mnts. Nifty Futures chart

Ilango said...

@ CDG,

Strength need not be displayed all the time with sharp rises.

FIIs have bought 2000+cr in the last 3 days.

OI table as updated by Sanjay & Prabhakar shows bullish bias.

TT continues to be Green.

"5286"- will be the next key number.

(5216, 20sma has been well defended today)

gkm223 said...

if nifty has break out happened then either *600 or *900 level may be seen.
and if false then it will return from 5365-70 level. gaps remaining 5306,5343,5363(ns).
i am in favour of second.

Parimal said...

Dear Piyush Sharda
instead of 30mnts or 60mnts, can we use 15 and 5 mnts chart with Stchastic crossover. what do you think? regards and thanks

Sujatha said...
This comment has been removed by the author.
Nilesh Patil said...

@Sujatha Sis,
For upmove Banknifty must participate. Right now banknifty not participated as per bankniftys strenght. if banknifty participate then strong upmove may come.

Prabakar said...

Sujatha-just returned after having the menu.
Shri-ji reached safely, taking rest. will be active tonight... :))

Piyush Sharda said...

@parimal,

dinesh bhai would know it best. i think they would be too fast may lead to more whipsaws. i think 5 min we cant 15 min i am not sure. maybe dineshbhai can answer.

STOCK4SURE said...

ns at 55ema
since opening 55ema in ns 5 min charts had been tested 3 times
will it hold this time also??

Parimal said...

Dear Piyush Sharda
thanks for your kind reply. i am aware of the whipsaws in shorter TF. but in 15mnts, crossovers are clearly visible. rather i shall do some homework and place my observations
regards

Sujatha said...
This comment has been removed by the author.
Dinesh Rishi said...

not less than 30 mints should be used

on smaller Time frame EOD chart will look ok
but during trading many time cross over will vanish after whip

Dinesh Rishi said...

govinda govinda

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

Piyush Sharda said...

@suja eyeing ur 4100 now?

Parimal said...

thank you Dineshbhai for clarity and guideline
regards

Prithvi said...

@Sujatha,

It will happened near diwali ,not now

Prithvi said...

Think about 5500

Sujatha said...

Piyush - mail sent

Pankaj said...

Love triangle forming on 1 minute chart...

marketrider said...

Good afternoon sir & blogmates

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