Thursday, August 2, 2012

Nifty Intraday Update-III


Ilango said...

@ shriram,

It's available under:

Market Statistics


Money Control

gkm223 said...
This comment has been removed by the author.
Prabakar said...

NIFTY OPTIDX Open Interest at 2 -> CLICK HERE

shriram said...

tks ilango ji.

Is there any other parameter to be added to the Analysis Armoury ?
(we have covered 3 bases thus far: TA / OI data / FII Stats )

Any other angle to cover ?

Kiran said...

NR7 day(Yesterday 33.65) followed by another NR7 (Today 26.9) day....
As of now.

CDG said...

One more observation. The lead indicators ( week, day and intra) are now slowly synchronizing towards down and the TT has started to show more RED.
Nifty has been pulled down below DHEMA and getting resisted...

Sujatha said...

Shriram - ji - go to dalal street and "hug NSE building" so that u can cover hehe :D jokes apart already u r bunch of "EW" methods :P jealous on u

Sir - believe u r not kidding or teasing me :( am not posted for fun. A - 5169 B - 5258 means now the recent candle of 30th july has crossed the B wave joining line from top 5349 the high of the candle is 5206 hence it's difficult to break?? is my thought at the same time 5258 crosses means super duper upmove pending. i feel at this juncture 5258 crossover is difficult becoz if it crosses it has to show it's power which is not possible so it's better to downmove once then upmove??? Adi -18 sappadu yeppadi yellam yosikkuthu sir?? :)

Parimal said...

@Sujatha Sis
NSE building is located in Bandra-Curla Complex
BSE building (Zeebhoi towers) is in Dalal Street

shriram said...

Dear suja amma:

Enna ma, NSE in BKC !

Lookin london , Talking Tokyo ma ;-DDDD

Prithvi said...


In Your stock wealth Midcap50
Apil Price is 102.
But it is 391 currently.

Sujatha said...

parimal/shriram - OK.. sorry.. while coming i will bring samsung mobile for "root" dalal street only "stick and struck" in my mind.

People who r eating NON-VEG mostly - will talk about "VEG" i am better someway looking london talking tokyo - very costly if i want to go :)

STOCK4SURE said...

seems post noon buying have started
wish to see 5247ns
chhoti si aasha

Ilango said...

@ Sujatha,

Though my comments started in humour, I ended with a valid suggestion.

EW should assist you in "directions" only. As long as it does that, it has served you well.

I'm not able to understand your labelling of 5169 as A. which date price is this?

skmishra said...

good afternoon! yesterday was NR4 and NR7. So break anyside is good trade!

Sujatha said...

sir - :) 18/7/12 - 5169 19th is 5257
26/7/12 is 5032 and after that 30/7/12 candle high is 5206

Ilango said...

@ Prithvi,

Thank you for bringing it to my notice. It will be corrected this evening.

Ilango said...

@ Sujatha,

5349 to 5033 has been labelled as "abc" correction for the rise from 4770 to 5349.

The logical expectation would be for a move past 5349.

However, prices have been contracting since the major low 4531.

Some decisive price action should get underway soon.

shriram said...

Ilango ji,

One more beautiful alt lable, how bout a Triangle from 5240 thus ??

a.4.a 5240 5213 -27
a.4.b 5213 5246 33 -122%
a.4.c 5246 5210 -36 133.3%
a.4.d 5210 5231 21 -58% * DONE

Now, the last leg down may be in play as
a.4.e 5231 5209 -22.248 62%

Prabakar said...

NIFTY OPTIDX Open Interest at 3 -> CLICK HERE

It seems OI addition in both Calls and Puts, thus grinding. Overall Put lead by 1 crore OI, so the understanding is bullish... let's see @ EOD

STOCK4SURE said...

BN making HH HL pattern
nifty lagging

shivanGupta said...
This comment has been removed by the author.
shivanGupta said...


i too feel we are in 4th wave

Amol Sharma said...


Price has broken up channel.

can we expect correction in coming session.

Sujatha said...

Sir - Thank you very much mm.. all are expecting 5349 but without reasonable correction??

Prabakar - Shri -ji change everything at a time thro Mr. Mario?? 4 days consecutive rise need rest


CDG said...

closing can be between today's and tomorrow's pivot......

STOCK4SURE said...

last 10 min
may be final dash towards 5247

shriram said...

@ shivan:
good, but its just 1 of many possible EW lables,

so moral of story: 5DEMA is UP !


Ilango said...

@ Amol Sharma ,

I still consider that a correction is continuing.

Ilango said...
5033 to 5246: a/i done.
5246 to 5210: (a)
5210 to XXXX: (b)
XXXX to ....: b/ii would be complete by tomorrow

and the

c/iii would commence from Friday.

If the above is wrong, the cues would be available from tomorrow's price action.

What supports the above scenario is:

Continued FII's buying.
Time correction with shallow price corrections.
OI table
August 2, 2012 12:53 PM

(b) may still be on.

numchar said...

Any idea when is the ECB meet ?
Seems like market waiting for the outcome .

STOCK4SURE said...

third cons day ns closing abv 5200

Nifty Simba said...

First 5180 in NF will come and then the market will decide.......where to go...

puravi said...

Nifty forms flag in hrly...1 leg down for (ii)..then up.
In 5mins its symmetrical triangle.
Have a good evening!

SJkolkata said...

Sujatha Sis,
Happy raksha bandhan.
This is heights of black magic. You had realy placed SHANI not only on Subbu but on draghi and Bernanke as well.
Hats off. Log apni market position ke liye kya tak karte hai.
Love and Regards,

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