Thursday, August 23, 2012

Nifty Intraday Update-II


42 comments:

Prabakar said...

NIFTY OPTIDX Open Interest at 12 -> CLICK HERE

NIFTYNINDIA said...

Nifty Spot....3rd hour close above HEMA...long safer

Ashish Agarwal said...
This comment has been removed by the author.
Ilango said...

Above 5443, next resistance is the 80%-5458 beyond which larger retracement comes into play..

NIFTYNINDIA said...

As its on BB..thinking of booking in 10 points....

Bharat S. Kumar said...

@ Ilango Sir - "larger Retracements' here would have likely targets in the short term? If yes, then what would be the likely retracement targets?

NIFTYNINDIA said...

Booked long...profit 10 points....total profit 15+10=25 points

Dinesh Rishi said...

Shhhhhhhhhhhhhhhhhhhh

Vipul Rastogi said...

@ Ilango Sir- If it remains above 5445 can we reenter with target of 5460?

Ashish Agarwal said...
This comment has been removed by the author.
Ilango said...

@ Bharat S. Kumar,

Above 5458(80%), larger retracement would have first target @ 5649-61.8% of 6339 to 4531 fall, provided weekly trend remains "UP" in the coming weeks.(Weekly closings above 5-wk ema).

venkatapathy l said...

@ DR
I wrote this yesterday. My system did not cooperate.

1. A good ergonomically designed high back chair will do
Look at this chair http://www.chairsbazaar.com/.
2. The screen must be at eye level.
3. Wear separate pair of glasses for computer viewing.
4. Avoid pain killers.
5. Take hourly break and do simple stretching exercises designed for computer users.

Love and regards,

LV

nifty rider said...

indian 19 in final, tribute to pankaj indian

Dinesh Rishi said...

Dr. Venkatapathy Sir

do you recommend High back chair upto head level ?


Amol Sharma said...

wow reach in final great

Ilango said...

Intraday day drops have been in the range of 8 to 14 points so far.

Weakness, accordingly, would be below 5449-14=5435.

Ilango said...

@ Vipul Rastogi,

Resistance zone is 5443-52.

Above 5443, the major res. was the 80% mark @ 5458.

80% is not a rule but a general guideline that a retrace above 80% would be considered strength to target the 100% & more.

venkatapathy l said...

@ DR

Yes Sir. I use Godrej Executive chair. I use only PC's in two places. I do have low back pain for several decades. No tablets; no traction; so far no injection. The most comfortable place to me is my chair.

lol

LV

Vipul Rastogi said...

Nikkei up 0.5%, Hang Sang up 1.2%, China up 0.3%, European mkt up 0.8%, US Fut up 0.3%, Brent crude up 1% at $116 and Rupee appreciated 20bps

Ilango said...

1.00PM TT & Chart Updated.

Vipul Rastogi said...

@ Ilango Sir- Thank you very much for your guidance.

Ilango said...

The "drop" has paused with 14 points @ 5435.

It would be considered "weak" below it.

However, the minor channel support comes @ 5418-25 for the current hour.

Ashish Agarwal said...
This comment has been removed by the author.
krishna said...

This week's R2 done @5449

Ashish Agarwal said...
This comment has been removed by the author.
Ashish Agarwal said...
This comment has been removed by the author.
Pankaj Indian said...

Where is Pankaj Shukla, and his 100 points 3rd of 3rd?

nifty rider said...

alligators lips teeth and jaw still favoring bulls

Bharat S. Kumar said...

@Pankaj Indian - Forgive me for saying so, but Mr. Pankaj Shukla is a fool. He'll ALWAYS come and make random comments and run away as if he knows everything. Its a cheap way of gaining publicity.. Pls concentrate ONLY on Ilango Sir's (AND other senior members, such as DR Sir, Kumar Sir, Stock4Sure,Ashish Agarwal, Shriram, Jaiswal etc's comments! They give EXTREMELY reliable input!)

Dinesh Rishi said...

Open & low broken

if its gapup

tgt is previous day close to fill the gap

Gap filled

Q - Whatz Next?

nath said...

shuklaji,
you are right
2 done, 98 pending

Hemant Harke said...

DR Sir,
Next JNSAR Pls

SK Mishra said...

nobody is talking of Puli, now that all are looking to sky. Puli comes 'chhupke.. chhupke..' : <- take as joke.

Dinesh Rishi said...

Bulls must protect 10500 BNF on closing basis

otherwise Puli attack

Vipul Rastogi said...

@ Ilango Sir- Cahannel support breached. The retracement target would be 5408/ 5396?

nifty rider said...

repetition of yday...

Atharva said...

Master : 5th yet complete in 2 tf or completed @ 5409??

Pankaj Indian said...

It looks like fall has ended, the 5th wave has exactly 5 subwaves.

Post a Comment