Wednesday, October 10, 2012

Nifty Intraday Update-III


79 comments:

A J said...

@nifty rider
Kya baat, kya baat, kya baat

http://sphotos-c.ak.fbcdn.net/hphotos-ak-snc6/c0.0.403.403/p403x403/205236_321931864568023_163215809_n.jpg

Prabakar said...

NIFTY OPTIDX Open Interest at 2 -> CLICK HERE

was away @12pm hence no oi update.

Swami Shivkumaar said...

Dear Sir,
If time permits please suggest your view on SBI. It is trading below DLEMA(2251). Can the 1st level for reversal could be from 2206(WHEMA)
thanks and regards

Sivakumar S

shriram said...

--> back

Ilango ji,

Regular ZZ in play to seek 5580, or is this a CT going on ??

Sujatha said...

shriram jiiiiiii - that's my SL ..plssssss leave it

Stockathon said...

Dear Parimal,
5600 is for today ?

Parimal said...

Stockathon
sorry for bad habit of forecasting. will not do again.
CNX Midcap is a very good Index for market moves. at present taking a beating. so i thought it will push down Nifty also

prakashbkc said...

GA master,

Master in TT why Retracement from 5542 to 5815 not taken but retracement of 5216 to 5815 taken?

DZIRE said...

Thanks Sir once again.

I emphasized fully on RSI reading to see if we are in oversold territory leaving the Lead Indicator values unnoticed.

Now i am back on the right track..:-)

Prabakar said...

seems low for the day is done. chances of bounce for the day.

@EOD need to see the 5700 CE OI

Atharva said...

Golden ratio @ 5649

Sujatha said...

Piyush - yeah.. deep one..scary..that cut will give another - 150 atleast..again this temporary buy in dip market will be "Q" hope EOD will know once the 2.45 factor crosses. somehow SBIN futures is managing is my clue.donno whether i am right or as usual wrong :D

Nifty Simba said...

Prediction is very difficult........especially of the future...........:)

shriram said...

Dear Suja:

very simple soln for u:

just instruct Senor Fibbonacci to hold fort @ 5648 ! ;-)

Jiignesh said...
This comment has been removed by the author.
Atharva said...

Sujatha @ sis SBIN broke JNSAR 2253.89 ...PSC @ 2247.75..diff time for bulls only worry is + div in 9 rsi for bears

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

When Week TA is in uptrend and day TA is correcting & reaches oversold region(Lead indicator reaching below 20 today), there is a possibility "either of a reversal" or "a pause in corrective fall".

For this to haoppen, week trend should remain "UP" and the prices should close above DEma as a reversal in day T/F.

THANK YOU SIR

Nifty Simba said...

One query at par with------Who killed JFK is.........why is 5300 PE IN RED WHEN MARKET IS DOWN almost a percent................:((((((((

Smita said...

Sujatha ji ,

Its me who is as usual wrong . The other day , wanted to sell and I don't how "buy got triggered" , Thanks to the mistake made tiny pts there .

Piyush Sharda said...

@suja,
somehow after sir's instruction of 20 points, it got ingrained in my trading . get scared with deep sl's . but as sir says trading is personal. u wud know best abt urs

mynac said...

प्रती श्री.संदीप भोईटे,
माझ्या कडे आत्ता काही गेस्ट आले आहेत त्या मुळे नंतर बोलू..प्लीज ..धन्यवाद.

Pankaj said...

Bolo Ilango Sir ki .... JAI!

mynac said...

Dear Ilango,
Though Nifty looks over sold on Hrly.basis,it may remain oversold,is feeling as NF O.I.is rising when Nifty is going down... let us see...Bye.

Sujatha said...

smita - :) me always the first "mistaker and backbencher: nobody can grab my place

Atharva - 20 pnts allowed for JNSAR let us see hope u remember last time it has bounced 1st here then 2278 then no turn back 2225 area should protect :(

shriram ji - ameen..may god bless that one

PS : still foolishly thinking it will close around todays opening atleast.

Prabakar said...

சுஜாதா, பியர்ஸ் இன்னைக்கு கோழி அமுக்காம விட மாட்டாங்க போல இருக்கு

bizagra said...

Ilango sir...can u plz give EW labels for this downmove on 5 min charts???thx

nifty rider said...

India still faces rating cut risk despite reforms: S&P

DZIRE said...

Sujatha sis

How come "OPERATORS" worried about SL being hit ?
They have only 3 words in their dictionary i.e
Target 1
Target 2
Target 3

Sujatha said...

praba - நான் சொன்னதை நானே கேக்கறதில்லை நிப்டி எங்க கேக்கும் ஒரு ரவுண்ட் மேல போகனும்னா 5675 கிட்டக்க முடிச்சுக்கிறது இ ஓ டீ நல்லது இல்லைன்னா அம்புட்டுதான் அவ்வ்வ்வ் பிசாசு மேல போகுதான்னு பாருங்க திட்டினா கூட என்னை மாதிரி சுரணையெ கிடையாது

shriram said...

Ilango ji,

view on this wave from 5815 pls sir , ZZ or CT ??

A J said...

@Sujatha
Na main samjha, na main jaana
Jo bhi tumne mujhse kaha hai Sujatha
Magar phir bhi, na jaane kyun
Mujhe sunke accha laga hai Sujatha

i.e Please translate :))

Anil said...

@sujatha

Closing coming below 5669..???and above 5655..???

bizagra said...

Ilango sir..is this still a wave forming..of this downmove from 5815??thx

prashant shah said...

namskar sir and all friends... jai jinedra .. Nifty spot hawala is 5649.50 and bank nifty spot hawala is 11419... thanxs...

Ilango said...

@ shriram,

Add to it an impulsive 3rd, the confusion increases.

There seems to be a "falling wedge" presently and being in such ST T/f, we need to see whether prices remain within the boundaries for one more day without breaking the bottom line.

There is no clarity presently.

One should be prepared for any eventualities. OI data continues to be grim.

Nilesh Patil said...

@Sujatha Sis,
If 5650 protected 1 bounce may happen. Master is also indicating the same.

Prabakar said...

சுஜாதா, கால் ஒஐ புட் ஒஐ விட 35 லட்சம் அதிகம். நேத்து 8 லட்சம். இன்னைக்கு இல்லாட்டாலும் நாளைக்கு அமுக்கிடுவாங்க.

prakashbkc said...

GA master,

Master in TT why Retracement from 5542 to 5815 not taken but retracement of 5216 to 5815 taken?
Are u looking fr bigger fall?

shriram said...

@ ilango ji

:-)))

@ Suja:
looks like the Big operators have begun to treat Nifty like Robert Vadra treats us

"mango ppl in banana republic" ;-)

Ilango said...

3.00PM TT updated.

Ilango said...

@ prakashbkc,

If you were following the EW labelling in our Hour charts earlier, a 5-waves got completed at 5815 from the 5216 lows.

Hence, 5216 to 5815 was replaced in fibo.table.

Whenever you see "5", reverse or book-out.

Parimal said...

Vadra has lost all mannerism. so very arrogant!! there is none in Congress with spine! they take all lying low and we also do the same!!

Ilango said...

@ shriram,

Whenever market makes you "strain" for a labeling, it would often mean that mkt is preparing something out of the ordinary.

At such junctures, trendlines/ TT comes handy.

Sujatha said...

AJ -ji-if i posted also "nobody understand anything" :D :)

Nilish ji :) :) but closing below 675 is the worry only if tomorow's open around here also bit safe for injured bulls or else bulls @ ICU probably :P or martin nature guard hit @ 625 :(

Praba - thanks. this week starts with "7 1/2" only na? ::) effect

A J said...

Seems like KFA will go down in circuits :(

Ilango said...

Once a richest country in the world. Until 1880's, the only supplier of diamonds to the world.

India does not know its own riches.

Google "Drain theory" by Dadabhai navroji(I did it for my son's economics project)

British did one round of "draining most of our wealth".

Next round is being done by "Insiders".

Only country fit to be termed "Akshaya Patra".

shriram said...

@ ilango ji,

tks sir. Are u refering to lower channel line @ 5610-20 odd now ?

Sujatha said...

shriram ji - Vadra becoming "Vada pav" now :) jamming by Kajri

Prabha - oh my dreammmmm no avvvvvvvv time is running out :(

Ilango said...

@ A J ,

Dr.Mallya of KFA climbed 18 steps at Ayyappa temple, Kerala and

NOW

Courtesy "google chart"(30 min),

he is climbing down each step a day..8 steps done...10 to go!!!

Ilango said...

@ shriram,

Yes..5585 is 26 DEma(Critical input of s.macd.)

Prabakar said...

Sujatha- Pray the HrTA' ayya namahah expect he may come to rescue tomorrow. Need to wait n watch the EOD OI.. whether CE able to hold?

A J said...

@Sujatha
Even Google translate is not able to translate what you and Prabakar have written :(

prakashbkc said...

Thanx Master for reply.

Master,
Falling wedge pattern being forming in hour chart, If it breakdown then what will be target is it is Breakdown-High to breakdown level?

nifty rider said...

@ilango sir
someone ask madhumakhi(honeybee) people always stole ur honey...
madhumakhi replied dont worry they cant steal my honeymaking art...
we will dominate the world i m assured of this fact...

SK Mishra said...

Good afternoon, seems tomorrow will be an action-packed day. Predicting future is inju..to a/c. I am talking of likely bounce.

Ilango said...

@ prakashbkc,

5600CE having highest OI should offer support in the region of 5585-5610, only if 5640 is broken.

A J said...

@Ilango
Thanks for the info. I have so more :)

"Also, every aircraft that Kingfisher Airlines purchases first circumambulates Tirupati's Venkateshwara temple before being inducted for commercial operations."

http://articles.timesofindia.indiatimes.com/2011-01-16/bangalore/28379316_1_vijay-mallya-sabarimala-hill-shrine

shriram said...

tks ilango ji :-)

Bye all, hv a nice day!

Sujatha said...

Praba - edukondalavada govinda govindaaaaaa "mathil mel poonai" :P v r at 2 week's swing low BNF/Nifty nd sensex too

gauresh59 said...

@ Ilango sir,

these "insiders" are more dangerous than the britishers. They are robbing their own countrymen..

Sujatha said...

5660 atleast EOD ???

Ashish Agarwal said...

Bears should also consider yesterday's inside day resolving to downside today..giving a target of around 5580..

AK said...

@master....
thanks... for jnsar
booked 25% at 5670 thanks a lot

Sujatha said...

Praba - i am almost "begging" nifty for levels :) like bargain business :(

IndieTech said...

Squared all shorts! Clean slate tomo morning! :)

prakashbkc said...

Master,
Is it 5600PE na?

also,master i might be unable put my question about falling wedge target.so i repeat my Q If Falling wedge breakdown level is 5640 then if nifty break then Target=5640-(5815-5640)

Parimal said...

1.66% cut in Midcap index!!

jay shah said...

goodbye sir , seniors and all freinds of the blog

Prithvi Yashashvi said...

@DR sir,

Can u take a team viwer for my Sharekhan charts setting??

Prithvi Yashashvi said...

@Master,

Can u make my chart in sharekhan software through teamviwer or
send me scr file by mail???

Dinesh Rishi said...

Prithvi

ping me on gmail

Prithvi Yashashvi said...

DR Sir,

HOw to ping you??

Ilango said...

@ prakashbkc,

Yes, it should be read as 5600PEE having highest OI.

To my knowledge, there are no targets for "Falling wedge". If the pattern holds and breaks out, it would mean that "selling pressure got absorbed & prices stuck in a small range doing time correction. And once time correction is done, breakout of the channel is likely".

In case of a falling wedge breaking down, it would only mean, it was not a falling wedge but a "pause" in the corrective fall and the break down confirms the continuation of correction. There are no target calculations here.

mynac said...

Dear Prashant Shah,
Namskar and ... jai jinedra ..

Thanks for informing Hawala price in time...

As you told, it is 5649.50 means "Karo Ya Maro" situation for Bulls....Let us see...

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