Friday, August 17, 2012

Nifty Intraday Update-III


65 comments:

Prabakar said...

NIFTY OPTIDX Open Interest at 2 -> CLICK HERE

Nilesh Patil said...

@Sis,
Where are you. no levels.

Piyush Sharda said...

@sir,stock4sure,

i cant see can u point the legs of triangle
August 17, 2012 2:06 PM

Stockathon said...

Dear Ilango Sir,

Can we Short here at 5356 (5DEma developing) or should wait for JNSAR to touch at 5331/5321 or if it goes towards 5399 (expanding traingle) ?

This query is for a Conservative trade!

STOCK4SURE said...

thank you master and sujata mam
piyush sir in 5 min charts from 14th aug in ns charts

Ilango said...

@ Stockathon ,

Conservative trade: Needs EOD confirmation.

Having a long week end, I wouldn't want to take chances.

Sell on rises was in effect from 16th EOD when Nifty closed below "5366" yesterday.
If closes below 5348 today, day trend would be "Down".

JNSAR...still UP.

Pankaj said...

Wave 3 in progress.
Referring to my earlier comment, the rise from 5292 to 5400 subdivdes in 5 waves and can be viewed as wave 1 of higher degree, The current fall from 5400 to 5341 cab viewed as wave 2.

Piyush Sharda said...

@stock4sure
tops 5356,5390,5400
bottoms 5329 ,5356 and 5342??
or something else

Ilango said...

@ Piyush Sharda,

Expanding triangle is marked in the "Hour chart" above.

NIFTYNINDIA said...

Booked long in 15 points....day'a loss only 5 points now

NIFTYNINDIA said...

Two possibilities....1..5/20min crossover...2..CAM L3 5372....

sandeep said...

niftynindia never mind sir but u were generally right

NIFTYNINDIA said...

Shorted as per CAM L3 5372..sl..20 points...

Parimal said...

Dear Sir
broadening or expanding triangle is a reversal pattern, am i correct?

Prithvi said...

@JNSAR not broken means

Teji me hi raho, Nahi to 1,2, ka 4 ho jaonge market me se

Stockathon said...

Thank you Ilango sir.

I've no positions currently as I would be trading the JNSAR for the first time.

Sir as you mentioned that "Idea is to sell @ resistance - 5399", so thought you have reversed the conservative Long trade and I missed it.

sandeep said...

niftynindia sir i was following ideas

NIFTYNINDIA said...

sandeep ...anything wrong???

NIFTYNINDIA said...

10 points profit in latest short @ 5372...CAM L3....

Ashish Agarwal said...

the price has reversed from 61.8% retracement of downmove .. ie. reversing from 5376 which is roughly 61.8% of 5400 to 5341..

sandeep said...

niftynindia no sir

Ilango said...

@ Stockathon,

Conservative trades are discussed less unless a "Change" is expected.

Most of the market hour discussions are for "Aggressive trades" for which an approximate levels are given in the "Pre-market write up". Those levels come on the screen while the traders' emotions cloud their mind to take a meaningful trade. I do post "prompting observations".

sometimesbullsometimesbear said...

Its a globalized earth. Countries have lost meaning. Look at countries and banks going bust!!!

One Earth One market One Passport No visa!

Ilango said...

@ sometimesbullsometimesbear,

"Imagine".........JL.

DKG said...

@ Niftyindia,

SL 20 points and profit 10 points...

What a R/R Ratio!!

CDG said...

whatis at 5364-5366

Sanjay Jaiswal said...

@Ilango SIr and Blogmates

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

STOCK4SURE said...

expecting some short covering in BN

nifty rider said...

daring to carry long..only fear is long weekend..

Ilango said...

@ CDG,

HLEma & Hour-Pivot.

Nilesh Patil said...

@CDG,
daily Chanel trendline

Prabakar said...

NIFTY OPTIDX Open Interest at 3 -> CLICK HERE

anmpatel said...

@master
JL means...my tubelight didnt on! please explain. thanks.

Ashish Agarwal said...

Any guess what the EOD candle is?

Ilango said...

What a wonderful world

http://www.youtube.com/watch?v=E2VCwBzGdPM&feature=related

rajendra shinde said...

IIango Sir developing BNSAR for 21stAug2012

STOCK4SURE said...

possibility of small bullish WW pattern developing in Bn
hinting of a small gapup on tuesday and again selloff

Bn may move uptp 10480(5) on tuesday open and then will move down to 10400(6)

channasri said...

@ Ilango Sir,

Kindly provide bn jnsar for next session.
Thanks in advance

sanz said...

Please anyone update us with Foreign market scenario...

Ilango said...

BNJNSAR for 21st: 10437(Approx)

Stockathon said...

Thank you once again Ilango sir.

Your explanation has cleared my doubts.
Will wait for the right opportunity to enter a conservative trade.

anmpatel said...

LONG LEG DOJI.......needs confirmation on next day

Ilango said...

CFDs Quotes
SPX 500 Futures 1413.15 +0.15 +0.01%
NQ 100 Futures 2769.70 +6.20 +0.22%

DAX 7023.30 +27.01 +0.39%
FTSE 100 5852.50 +17.99 +0.31%

NIFTYNINDIA said...

DKG...at the time of taking position..it was sl 20 points...but later on settings it was perception that it will not go much below..so better to book it...

Ilango said...

@ sanz ,

All the markets are living by the "day" these days.

Parimal said...

It is a dragonfly doji on NF day chart

NIFTYNINDIA said...

so today's profit 5 points...

NIFTYNINDIA said...

from 16 AUGUST..it is started...y'day..intra profit 15 points=20 total

nifty rider said...

monday europe and us mkt open or close?

sanz said...

@ Master : hmmm... thanks for the updates :)

chetas said...

closing average currently at approx 5367

Piyush Sharda said...

@nifty rider india and singapore closed. no imp events on monday world over.

Ilango said...

Once closes below DHEma(since 16th), it is a traders market till closing below DLEma or above DHEma.

Yash and Dhan said...

Thank you all Good bye.
Master a long weekend. Please motivate us with a great post on Saturday as usual. Looking forward to it. Bye..

Pankaj said...

Happy 3 days holidays to all!

saptharshi said...

@llango sir BNJNSAR on 21st 10437 it is short side? now bn 10418

nifty rider said...

thx
in whole world only indians r true secular.atleast inholidays

Prithvi said...

Happy long weekend to all,

C U on Tuesday.

Waquar said...

@ Ilango ji, a humble request kindly include the EW counts on hourly timeframe too in the Just nifty file.

madamuniramaiah said...

Dear sir
Please kindly include EWcounts atleast on day basis
ifnot Hourly.
Thanks in advance.

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