Thursday, October 18, 2012

Nifty Intraday Update-II


61 comments:

CDG said...

JNSAR triggered but did it trapped bulls this time????????

Jaya Rani said...

@CDG,
a sudden move of 58 pts from 5650 to 5708
may give counter pullback/rangebound of 30pts
several times.

it should not hit 20pts sl several times in a day.

and no idea about higher level targets

someone have clear picture about 5700+ targets?

Jaya Rani said...

mostly i am bullish this time i have no idea...
any experts advice ?

Ilango said...

There is a good possibility, this rise could be the 5th wave...as long as "5674" is not breached.

bizagra said...

ilango sir..u talking abt 5th wave on daily chart??

satheesh said...

Reposting:

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 long positons in 5800 call has been liquidated? how to read it?

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

STOCK4SURE said...

small range happened in morning which was base formation
again low range trade happening at days high
is it top formation or base is moved up for another 50 pt move??

Atharva said...

PSC still holding....

sandeep said...

jai hind master dr sir n all

STOCK4SURE said...

nifty is making critical high and low in 90 point range multiples..i.e 90 and 180 pts
5635-5725-5815
5815-180=5635
5635+90=5725
5725-90=5635
now 5635+90=5725+90=5815

Ilango said...

@ bizagra,

Yes..as per the below ink recalled by "Satheesh".

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

Sujatha said...

@CDG - shhhhhh done wrong trade ..fingers burning need burnol :( :P 12 pm candle is good this hr 87/73 comes will exit @ cost.

sir - JNSAR + 20 policy in action- i mean still in short side??? tks n advance

anmpatel said...

@PS
i long at JNSAR 5686, should i use sl of same of 5666? little bit confused.
thanks.

Piyush Sharda said...

@anmpatel

thats logical

bizagra said...

Ilango sir..wht made u think so that is can b 5th?? is it that indicaters are getting oversold??or is it the moving out of this corrective trendline??thx

Sujatha said...

Piyush - reply for me too - strucked is JNSAR short too???

patel ji - good day turns bad day for me - wishful thinking - it should be bull trap :D hehe 30 min. SSTO/FSTO bulgy like berger

STOCK4SURE said...

today eating prem of 5600pe...may take it down to 5 levels
tomm will be turn of 5700ce

Piyush Sharda said...

suja,
u r my senior
http://www.14gaam.com/Image/pranam-namaste-hands-gestur.jpg

what can i advice u. 5715 is previous pivot high. if that is not crossed we can go where we came from

STOCK4SURE said...

dollar still in green
will it hinder the growth of nifty today??

Manish said...

Dear master

Can we trade in "Options" using the Pivot method other than the JNSAR method as explained by you ?

anmpatel said...

@Sujatha
me book loss in short..
personal advice is you to book and go long with SL of 5666. i am also little bit anxious with JNSAR whipsaw but when trend change no body knows just staying with trend with small small loses.
thanks.

nath said...

anyone with retracement values of todays rise
thanks

Ilango said...

@ bizagra,

If it doesn't start this week, then the week TA could turn down.

It could still continue with the "corrective patterns" discussed earlier.

But the most important indication came from "Daily lead indicator" turning up, though only EOD prices would confirm it and hence the intraday SL mentioned earlier.

satheesh said...

Option experts - please reply !!!

STOCK4SURE said...

strong unwinding in 5800ce
strong addition in 5700pe
inka irada 5800pe ko zero karne ka hai kya??
if ns trgts 5815 gain then 5800ce will be near 50

Prabakar said...

Dear Satheesh,

Though not an Option expert, my view is that today's short covering of 5800 CE is 10.64% or 11.53 lacs as of now may indicate that booking profits. But need confirmation @ EOD.

And the diff between 5600 pe to 5800 call is now 66 lacs.

As Master notified, if 5674 not breached EOD then 5th wave may give upmove.

Dr Dinesh said...

Dear Master,

In Mins chart, NS is just around 9EMA,below Trendline, Shochastic is OS, MACD -veDiv.
Is there a good chance for a whipsaw for the initiated LONG.

nifty rider said...

aaj kya nifty ji both side bramhan(journey) karne ke mood mai hai?

Dr Dinesh said...

@Master n All seniors
I may not be ready to comment. I just wanna know. No offence pls.

Prabakar said...

And in Pre-market view, Sir has mentioned that "Above 5670 - 5Dema Strength - ST UP"

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 1:00 PM, VAH:5677, POC-5666, VAL-5655, WVAH:5727, Pivot:5670, R2:5719, VWAP:5718

Nifty moved around 5700 and the CE writers of yesterday in trouble. Now 5600PE OI at 1 Cr and Nifty at mid point of 5600 and 5800…

Thanks & Regards

Sujatha said...

Piyushhhhhhhhh jiiiiiiii - pls. no kidding pls. i missed one good upside round :(

dr ji - aaaaa not upside that was downside nd done 687 hr close below 694 nd @ 94 is cat on the wall chances for bears too again let me see + now again it may show its clour 681 to 94 means??? abv 707 is the game for bulls. wish to see Mom again

Prabakar said...

Also Hrly Regression Channel drawn from the High of 5815 to 5665, had the middle line support @ 5665 and base line support of descending triangle @ 5635-37.

Dr Dinesh said...

@ prabakar Sir

Sry I couldn't get ur post. Can u explain me if tym permits. TanX

nifty rider said...

strong resistance at 5704 for further upmovement....

Atharva said...

Can any body give fibo nos for intraday??

Piyush Sharda said...

@suja ,
whenever nifty moves 50 points u make 40. it ok if few u miss 1-2 move out of 10 moves u take. u shud not be very greedy :-)

nifty rider said...

Husband - Tum mere sath naukar ki tarah
behave karna cchod do ,

Warna?

Wife - KYA ....... ????? KYA WARNA.... warna kya?

Husband - MAIN DO---CHAAR GHAR AUR
PAKAD LOONGA......!!!!!!!

u.k.Raj said...

@Atharva
5651 to 5708 -
5695, 5685, 5680, 5673 & 5662

Vishnu said...

Sir this hrs open and low is same for bank nifty spot at 11495.90 in 1 minute as well as in 5 minute candle.

Atharva said...

mr. Raj thanking you

nileshwar said...

Initial short coverings took nifty above 5700 in a few minutes, nifty thereafter allowed further shorts to be created side by side the profit bookings,dropped temporarily below 5700, only to take off towards 5750. JANSAR will trigger today on a closing basis, forcing all to hold longs.

When nifty is bullish, add longs on every dips. Hold short only for a short time, and be on long side most of the times.

Nifty Simba said...

@Ilango.its so frustrating..hourly charts are showing divergence.....bearish gartley in place.......still the market is rising......sometimes it shakes the very faith in any logical study of markets....

Pankaj said...

@Nifty Samba, this thing typically happens in 4th wave ...the corrective phase.

STOCK4SURE said...

BN making higher highs
will midcap and nifty will follow??

Ilango said...

@ Nifty Simba,

Refer our "JustNifty TA" file uploaded yesterday in JN group.

Hour charts showed +ve div and market has risen and it gives us tremendous confidence & faith in following TA.

Even the CT pattern has produced between the boundaries.

Where is the frustration???

Ilango said...

However, the preferred 9 day rsi hasn't shown the reversal yet.

Hence, remaining cautious.

shivanGupta said...

However, the preferred 9 day rsi hasn't shown the reversal yet.

sir do u mean it closes above trigger line

Nifty Simba said...

@Ilango sir,pardon my rebuttal.......Bank Nifty hourly charts are continuosly in negative divergence wrt 9 rsi amibroker charts......i will post it to the group today....hence my query :(

Sujatha said...

6 min. left for 2 pm close need - 10 pnts will it

anmpatel said...

@master
at which price close we say 9rsi reversed?
thanks.

CDG said...

Dear Parminder,

Your help needed again at this very important juncture. what could be the 9-RSI value if NS closes around 5700... Any reversals seen there???

Janak said...

by 2.30 pm 5724 ns and in last hour 5779? ha ha - wishful thinking on my part :-) but JNSAR is up so.....

Ilango said...

@ Nifty Simba,

BN could not have -ve div as the prices were making lower highs.

For -ve div to appear, prices must make HH while the oscillator makes LH.

BN 9hr rsi gave a buy for the open as per our BankNifty TA file in JN group.

nifty rider said...

more time nifty take to breach todays high...more it favours to bears...

cahauhan mufo said...

master thanks for teaching
and promptly comennts

Refer our "JustNifty TA" file uploaded yesterday in JN group.

Hour charts showed +ve div and market has risen and it gives us tremendous confidence & faith in following TA.

Even the CT pattern has produced between the boundaries.

Where is the frustration???
October 18, 2012 1:34 PM

u are a true mentor

Post a Comment