Thursday, August 9, 2012

Nifty Intraday Update-II


42 comments:

Prabakar said...

NIFTY OPTIDX Open Interest at 12 -> CLICK HERE

Arun kumar sharma said...

sathees sir
bnf 10640 future or spot?

Ilango said...

In an uptrending market, concentrate on "Outperforming stocks" to go long..Eg:Rel.infra

and

at overbought conditions, concentrate on underperforming stocks to go short. Eg: Tata steel.

Arun kumar sharma said...

llango sir
have you changed your position from long to short?

Kiran said...

@Arun kumar,

Please read satheesh's both comments. It mentions BNF.

satheesh said...

@ Arun Kumar sharma,

All values are BN Futures

Arun kumar sharma said...

llango sir,
as in TT table is showing JNSAR @5350 IN red colour. it means you have changed to short position or any meaning ?
thanku

Atharva said...

Master : looking @ Chanel drawn on hrly chart as well as 21 hrsma @ 5333 can we rebuy near to bottom Chanel on hrly ..thanking you

cooldent said...

Arun Kumar Sharma

It only means hrly closing was below Hour Jnsar. hour jnsar whipsaws.

Arun kumar sharma said...

sathees & kiran sir
thanku

nileshwar said...

nifty faces tough resistance at Elango sir's upper level of 5379, when it decides to slide it will slide much faster than the speed with which it climbed to 5379, a trailer of the speed of the slide nifty showed us yesterday during last 30 minutes of trade.

SK Mishra said...

good afternoon all!
@AKS! :) bhai, see the time frame - you are watching hourly.
My coat given for washing yesterday is not ready yet. :(

Atharva said...

Master : or shld be @ 5320 S1

Ilango said...

@ Atharva,

Not reaching 21 hr sma is strength.
Not breaking 34 Hr sma is another strength.

You have to use your discretion to initiate positions.(as my availability for follow up is not guaranteed.)

Hour TA continues to be sell on rises as long as 34 hr sma holds and as long as Hour closes are below HHEma.(Oscillators too confirm the same.

satheesh said...

Symmetrical Triangle and converging of MA's in 5min NS.

Breakout of Triangle above - 5355NS - breakdown below 5330NS

Atharva said...

Master : Loud and clear thanking you

shivanGupta said...

is tomorrow a holiday?

nileshwar said...

premium of nifty futures to spot nifty which went to 20 today, will evaporate by 2.30pm today.

Anil said...

@Shivan Gupta

http://www.nseindia.com/global/content/market_timings_holidays/market_timings_holidays.htm

Kiran said...

Supported at Dev.DHEma (5330)

San said...

TATA Steel chart analysis : CLICK HERE

shivanGupta said...

sir has c wave finished at 5330 (of correction which started from 5377)

Unknown said...

is nifty heading towrds 5900 levels

SANPOT said...

All Business channels gloomy excuse being poor IIP DATA.But bad news in the Bullish Trend are good--Ilango Sir.

satheesh said...

Bank Nifty Bearish Bat Pattern completed:

BANK NIFTY HARMONIC CHART:
Click Here

Ilango said...

@ shivanGupta,

It was confirmed in the morning opening itself that the initial fall wasn't a 5 but a 3, hence a "Flat".

Flat's High/ lows are similar or closer. Accordingly, it should have been over @ 5330.

If moves below it, we should consider other options as alt.

Arun kumar sharma said...

llango sir
now nifty below@ 5330. now what options as alt ?
thanku

fact said...

nifty is actually heading towards 5450 then 5900

Arun kumar sharma said...

sathees sir
nifty brokedown to 533o spot. can i go short from here ?

Vipul Rastogi said...

@Sathhesh ji Bank nifty has touched the projected target for D. Now?

Ilango said...

@ shivanGupta,

You could be flexible to consider this low of 5321.30 as completion of the Flat.

Below this would be a correction to 5290 or lower.

suresh said...

hr-34-sma=5295 in n-s
below which the dt begins

shivanGupta said...

sir i am still considering it to be an elongated flat till 5300

suresh said...

hr -34-sma eod in ns was 5277

satheesh said...

@ Vipul Rastogi,

The target for D achieved??? - not even the min 38.2% 10417 is achieved till now!!!

satheesh said...

Arun Kumar Sharma,

I was mentioning about the triangle breakdown in 5min Time frame. If you are trading intraday, then you might have shorted - and possibly book out intraday itself. One cannot trade positionally based on 5min TF.

Nilesh said...

SIR,

going below 5 ema vs 21 ema in 30 min.chart
so will be more bearish ?

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niftytips.niftylevels said...

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