Wednesday, August 22, 2012

Nifty Intraday Update-III


48 comments:

Prabakar said...

NIFTY OPTIDX Open Interest at 2 -> CLICK HERE

NIFTYNINDIA said...

5th hour close above HEMA...short exited @ 5440...loss 8 points...total loss 2 points

NIFTYNINDIA said...

Entered long @ 5440...

Ashish Agarwal said...

Sensex is not conforming new highs .. disconnect between nifty, sensex and BN

nifty rider said...

@niftyindia
u r really very prompt and strict follower of sl.admirable!

Ilango said...

In this series, Nifty has been going "UP" for the 1st 3 days of the week and correcting the remaining 2 days of the week.

On a holiday filled week, it is "UP" in the 1st 2 days and down the next 2.

Current week with a holiday is enjoying the 2nd "UP" day.

In the last week, though Nifty made new highs everyday, the closing was lower on last two days.

Prithvi said...

@DR Sir,

Please SBI ko Revital or Glucon -D pilayiye,

To BN Rocketttttttt

NIFTYNINDIA said...

But difference is that in last week it was trading below 5390..and in current week it has crossed 5390...so now pattern will not applicable...

NIFTYNINDIA said...

Current long trade will exit @ 5437 spot....CAM h3 level...or nearer..

Parimal said...

after a sustained move on breakout RIL is in a mood of consolidation and forming a falling wedge which has probable bullish undertone (if market conditions favour)

nifty rider said...

bn.. mai chali mai chali, pichche pichche jahan...

Waquar said...

Ilango ji,

If today also we close around in the upper range, then uptrend remain intacts. The uptrend would strt faltering when we see weakness in the weekly and mnthly chrts, but the weakness would first be seen in hourly and then daily and then transfer to weekly; so taking short position should be avoided unless we see a good weekly support break correct ?

Pankaj said...

@Waquar, I think for the weakness of hour and daily to be transferred to weekly and monthly, first weekly and monthly shall be in overbought state.

SK Mishra said...

Medical checkup in Nifty is due, perhaps we have to keep our other coat ready..

sanz said...

Roller coster ride :)

NIFTYNINDIA said...

Booked long @ 5450...profit 10 points..total profit 8 points

Pankaj said...

@Nifty Rider, probably your stop loss got triggerred again for the long side. :D

Prithvi said...

This is like last time upper trend @5630,

Given intraday correction and trending up.

Pankaj said...

Yes indeed Kiran, and his stop loss will get trigeered for the third time once he chooses to short again. :D

NIFTYNINDIA said...

NF shorted @ 5436...reason...closing below HEMA...

NIFTYNINDIA said...

little aggressive....sl...high..that is 20 points....5455

Ilango said...

@ Waquar,

Hour being short term will have many "weakening moments" within the larger uptrend.

But such weakening moments will get "serious" or "DOWN" only when exhaustion or divergence or topping patterns are visible in the larger time frame.

Prabakar said...

NIFTY OPTIDX Open Interest at 3 -> CLICK HERE

cooldent said...

DR sir

kya hua tera wada?

Waquar said...

Got it ilango ji :)

nifty rider said...

@pankaj
i m still long(5032) look for short at appropriate time.itni uchchal kud jaayaz hai nifty mai

Bharat S. Kumar said...

@Ilango Sir - Then can we take(maybe assume!) Tomorrow and friday to be down days and then First three days next week to be up again?(AND then plan our trade!?) Just an assumption..

NIFTYNINDIA said...

Nifty spot...5410 imp

Dinesh Rishi said...

cooldent

I failed to book profit,

on BNF chart it resisted @ trend line

NIFTYNINDIA said...

5410...last 2 hour low not breaking decisively..and time left 15 minutes only..short covering in 7 points @ 5428...total profit intrady 15 points....

NIFTYNINDIA said...

Prithvi...JNSAR up...but still NIFTY..fallen ..how??

Ilango said...

@ Bharat S. Kumar ,

If the close is below "5407", it is a precursor to "Weakness".

Pankaj said...

5 waves down from 5432 completed.

Pankaj Shukla said...

tomorrow minimum 100 point rally day for sure.

be long.

Pankaj said...

No Pankaj Shukla, its slow rise, only 30 to 35 points a day.

Prithvi said...

@shuklaji,

Bade Majakiya ho aap to

Prithvi said...

@NiftyIndia,

JNSar Still Up.

But it is retreace / time /price correction.

Prithvi said...

It is normal correction, not a down trend confirmation.

Kiran said...

Shuklaji,

Bahot dino ke baad aap JN blog me aa gaye.

Hari_Hyderabad said...

@ Pankaj

Sir I need your help to change my display name, tried in edit profile, but unable to locate exact place where to change display name

Arun kumar sharma said...

llango guru ji, dandwat pranam . you are great.
always bless me.

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

@Hari_Hyderabad, go directly to this URL: http://www.blogger.com/edit-profile.g


and change the name here. Thx!

Pankaj Indian said...

Me to changing my name from Pankaj to Pankaj Indian

Hari_Indian said...

@ Pankaj Indian

Done

Thanks !

irfan said...

Halo everyone....I just love this blog

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