Thursday, October 18, 2012

Nifty Intraday Update-I


69 comments:

Prabakar said...

NIFTY OPTIDX Open Interest at 10 -> CLICK HERE

Tushar said...

Hello Sir, Is fast fall setup developing on 5 min Nifty chart?
Regards,
Tushar

Jaya Rani said...

nifty should go below 5630 to go downside...
nifty should go above 5700 to go upside...

nifty rider said...

ufffffffff... ye round top...really test the patience.....

Ilango said...

@ Tushar,

Let me put it this way:-

"5651" is 61.8% of 5634 to 5679 rise.

80% @ "5643" break would confirm the downmove.

STOCK4SURE said...

3 pt main trade kara rahe hai
yeh chahate kya hai??

Piyush Sharda said...

@dinesh bhai,

how can we arbitrage b/w to month generally till
expiry difference is there

anmpatel said...

@s4s
niche jana chahati hai par sharma rahi hai...upmove ke baad niche jane me sharam aa rahi hai.

STOCK4SURE said...

unwinding in 5500pe
kya kahti hai kahani
bulls dar gaye kya??

Dinesh Rishi said...

Piyush Sharda

if JNSAR remains down good opportunity to rollover

http://static.ddmcdn.com/gif/28002-rollover-accidents-2.jpg

A J said...

@Piyush
well you need software power and lots of money to make any sense of arbitrage, it's more for market makers and people who have other's money to play (i.e banks) :D

kat said...

Goodmorning Ilango Sir and all the Blogmates!

Atharva said...

SM has started visiting this blog; PSC they do not want to happen every series..SO be cautious with trades with SAR or 20 pts..also may be this series PSC is in 4th wave of EW..so whipsawes..

Piyush Sharda said...

@dinesh bhai,

ok . got it.

@anuj
yes cash future arbitrage is big money lots of hni in india also do it much higher than fd returns

Atharva said...

Honestly i do not know whenter this is 4 th wave..but somebody did mention that in 4 th wave jnsar often reverses..so may be PSC also..

Parimal said...

Hrly Stochastic Negative crossover

anmpatel said...

@PS
means...buy in cash and sell future? but how they make profit?

Piyush Sharda said...

@parimal i dont see.

@anmpatel
i have never done it suppose a stock is 390 and future is 394 15 days to expiry, buy stock sell future. in expiry prices become equal u pocket 4-transaction costs

Parimal said...

Dear Piyush Sharda
i see it on NF hrly chart with a setting of Stochastic 5,3,3.

satheesh said...

Sir,

One doubt - at what levels does the 4 wave view - mentioned on 12 Oct premarket view gets negated?

http://tradeinniftyonly.blogspot.in/2012/10/nifty-pre-market-view_12.html

anmpatel said...

@PS
ok. i see. but it required good fund and very less=minimal brkrg. thanks.

Atharva said...

BNJNSAR is saved by 1 pt if one trades with 50 pt filter

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00 AM, VAH:5677, POC-5666, VAL-5655, WVAL:5669, Pivot:5670, VWAP:5678

Initial addition mainly at 5600PE and 5700CE till now, with support developing at 5600 with OI above 87 lacs…

Thanks & Regards

STOCK4SURE said...

lagta hai aaj ns 5 min charts pe yahoowalo ko 0.5 ke y axis pa setting karni padegi to make charts
visible

Piyush Sharda said...

@parimal,
in my charts it has come in ns (just overlap)chart in this hour . nf maybe next hour as premium has increased.

Prakash said...

this hour O&L r same 5655.85

Dinesh Rishi said...

Piyush Sharda

if trend is down Fut should be in premium

and if trend is up fut should be in discount

than only one can make profit

ANOWARUL ISLAM said...

Dear Ilango Sir just wanted to ask u which RSI do u use ..........

Sujatha said...

GM sir nd friends :)

Mostly in October 3 & 4th weeks US mkt down but when they r up also v down. tricky whether up or down for us.

personally i will bet on down - reason many. my SL on closing basis is 676 i will exit but will not carry any long :) for safe side.


STOCK4SURE said...

midcap index making HH and Bn near days high
will ns also cross over 5674 soon??

Parimal said...

Dear Piyush Sharda
my NF chart is a bit slow. NS (TradeTiger) is somehow in time . so i am sometimes confused of Stochastic signals

Piyush Sharda said...

@dinesh bhai .

thanx. i got it.

Parimal said...

Dear Piyush Sharda
i observed that if Stochastic crossover occurs above 80 and below 20, it carries more weight.

Ilango said...

@ Satheesh,

Break of 5449 would negate the 4th wave view.(aggressively keep it @ 5510.)

Janak said...

ilango's JNSAR for BN 11403 - bn has touched it twice today - and now trading above it

Ilango said...

@ ANOWARUL ISLAM,

I have found 9-period rsi to be superior.

nifty rider said...

nse should provide eye drops,and sardard ki goli..
to the traders if nifty doesnt move 50 points in a day....

Janak said...

Ilango said...

BN JNSAR for 18th: 11403
October 17, 2012 3:21 PM

Piyush Sharda said...

@parimal

generally that is case . but sometimes buy above 70 and sell below 30 have given very good profits in strong trends like in this 5215-5815 move in the first half

Ilango said...

'Golden ratio trade @ 5651" is in action for Intradayers with a break above 5673 (80%)to add as confirmation.

maulik00777 said...

jn sar 5686 so to keep filter today or not ??/

Parimal said...

Dear Piyush Sharda
i guess correctly, you are talking about without a crossover (above 70 and below 30).

Piyush Sharda said...

parimal,
buy in o/b zone and sell in o/s zone. check in 12/9/2012. but they are rare and in very strong trends

Nifty Simba said...

@Ilango ...sir,can you please repeat under which circumstances must we use stochastics and in which rsi....or are they identical?second ...how do we objectively come to conclusion when has trending market changed to trading and vice versa?

Ilango said...

5634 to 5679=45 points;

5651+45=5696.

More strength above 5696.

5651+(45x1.618)=5724.

nifty rider said...

nse meri demand se dar gayi...

nileshwar said...

Yesterday Ilango sir's support level of 5635 was held and bounced, it was the right time to reverse the shorts into longs. Nifty nicely consolidated above 5650 for more than 3 hours, and is right now targetting 5760.

Nifty spot is adding right now 1 point per minute, so are we going to see 5750 within next 60-90 minutes?

anmpatel said...

@master
is it intraday view or daily view?/
thanks.

bizagra said...

Ilango sir..can we now say ..this is
(c) wave of b going on??
thx

STOCK4SURE said...

now guess shorts may help nifty to move up towards 5723-41 levels

Ilango said...

@ Nifty Simba,

Both are more or less similar in their representation.

However, stochastics denotes a range break out as well as strength & weaknesses depending on the "price closing within that range".

Whereas Rsi denotes the "strength/ weakness based on no. of points gained v/s no. of points lost during a set period depending on the "time frame you choose or set".

STOCK4SURE said...

every index are moving up
are they on genuine buying spree then can we see 5750 today kya??

anmpatel said...

5700ce writer ki lag gai??

Janak said...

ilango man - BNJNSAR 11403 gave neat 100 pts in less than 30 min :-)

nifty rider said...

is this a stoploss hitting move by nifty

Ilango said...

@ anmpatel ,

As long as 5680 is held, this current reversal could rise higher.

Presently, it tested the "CT" and reacting.

@ bizagra,

It is a possibility above 5708.

Jaya Rani said...

for 5650-5708
counter pullback
or
grinding expected

Bhushan said...

No more trade today, no more panga

Jaya Rani said...

taken long very small qty
dont have much hope in this long personally

Prabakar said...

NIFTY OPTIDX Open Interest at 12 -> CLICK HERE

nileshwar said...

New 52 weeks high for nifty before expiry? looks wishful thinking but definitely a possibility...

CDG said...
This comment has been removed by the author.
chetas said...

Sir,

if this is the (c) of b, implying (b) of b was irregular.

Does this means the next down move in c wave will be very fast , please guide

Nifty Simba said...

@Ilango.......thanks........so trying to spot divergence with 9 rsi on hourly charts is fine........in ANY market condition?

satheesh said...

Nifty 5800 call Intraday change -10 lakhs and 5600 put change +18 laks.

Does it mean that all 5800 call writers have shortcovered or all l positons in 5800 call has been liquidated? how to read it?

sanjay ji, mynac ji, -any option experts please explain??

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