Wednesday, October 17, 2012

Nifty Intraday Update-III


89 comments:

Ilango said...

"5655" is 80% of the last fall from 5660.20 to 5633.90.

Above 5655 only, larger retrace possible.

Failure would continue to break the lows for 5604 & lower.

Prabakar said...

NIFTY OPTIDX Open Interest at 2 -> CLICK HERE

Sujatha said...

DR - ofcourse me many times crossed these factories @ salem area when i was small but donno the facts ..is it really sir??? i am not a user of this but veryyyyyyy rare case... now feeling like vomitting :P OMG no idea to touch hereafter

Dinesh Rishi said...

reposting

Sis &

Pankaj

May be they are using machines and modern hygienic methods

Let somebody from

Salem or Coimbatore confirm it

Kiran said...

Almost all index are in red. (Nifty BankNifty, CNX IT, FMCG...)
Surprisingly VIX is also in Red....

nifty rider said...

saaboodana bhale kha lena, par chowmin nahi khana...... khaap panchaayat

Nifty Simba said...

BN on way to retest 11 oct low 244.....also the invalidation point of 1-2-3 pattern in daily charts

Pankaj said...

@Nifty Rider... is chowmin also made in a non vegetarin way? Do you have any link? Many thanks in advance!

satheesh said...

Is it b'coz there is Huge Short buildup - NIFTY is not falling?? or is it be'coz this is the level from where the last leg of upmove started?

nileshwar said...

It is time to reverse shorts into longs now, as RIL, ITC & Bharti will lift nifty towards 5700 by EOD.

Pankaj said...

@Sateesh, I beleive the markets not only follows fibonacci levels, they also follow fibonacci time ratios as well. I think the Nifty in this case has a lot of time available to it to go to 5585 and below. So right now they are just moving sideways.

nifty rider said...

@pankaj
khaap panchaayat has said... rapes are taking place, because boys and girls eating chowmin in haryana....

bizagra said...

Ilango sir..move from 5637-5684-5634..can b taken as flat correction going on.......can this b also considered one possibility??thx

Pankaj said...

@Nifty Rider, I reserached there is nothing wrong in noodles ( or chow mein) , they are made of flour ( rice or wheat or moong daal) , egg, and sometimes spinach. Thats it. Unlike saboodana its not wrotten with insects and pests and seals.

Pankaj said...

@NIfty Rider...oh ok, I got your point, thanks!

Dinesh Rishi said...

Jor lagakey hai shaaaaaaaaaaaa

http://www.youtube.com/watch?v=KABv5SvuZ1k

STOCK4SURE said...

ns facing stiff res at 55ema in 5 min chartson every upmove

srinkr said...

Dear DR sir,

I am from Coimbatore. Sabudana(sago) manuf. process is entirely different. Nowadays they are using lot of modern techs to produce sago.

http://www.youtube.com/watch?v=hM0G6b0I7TI&noredirect=1

Sri

anmpatel said...

@dr
hai shaaaaaaaa....
thoda dhakka aur maro...5630 ke nichu bandh de do...

STOCK4SURE said...

most of indices like nifty,BN and midcap index developing a bullish WW pattern indicating of a gapup opening
are they trying to close near lows to trap bears or they want to open gap down to break below 563X supp
kal hi pata chalega

Bhushan said...

damm i feel like vomiting
next time,i will not eat sabudana

CDG said...

will it close above DLEMA (5645). that will decrease all the hopes for BEARS.....

Ilango said...

"Calming" before a ST action.

anmpatel said...

@S4S
kal kisne dekha hai...gap up open hoga to aaj ki tarah firse sell karne ko milega.....thanks.

Pankaj said...

@srinkr, thanks a lot! But the thing is why shall one eat processed food? I used to eat it because I had an impression its a seed of some plant. I do not want to include anything processed ...one never knows what goes behind the manufacturing process. This is India....corruption is everywhere.

Parimal said...

SAM
ST means Short Term

parminder said...

Sam
ST means short term

SAM said...

@parimal .. Thanks :)

SAM said...

@parminder .. Thanks bhai

CDG said...

this is the 3rd hourly close which above HrLEMA......is the downward momentum decreasing?

Sujatha said...

CDG - yes i believe 665 is more better

Dinesh Rishi said...

srinkr

thanks for the clip but can you confirm about

"We start getting terribly bad smell when we were about 2 kms away from the factories."

Ashwin said...

can anybody post the average price of nifty today???????? thanks

anmpatel said...

this hour HA open is 5648.55
open-low same, may bounce if 5648 protected.

nifty rider said...

intzaaaaaar kab tak ...hum karenge bhalaa......

anmpatel said...

closing avg 5647.37 and rising...

Ashwin said...

thanks DR & ANMPATEL

STOCK4SURE said...

ns again near res of 5663

Sujatha said...

CDG - clapped my hands for intra difficult area @ 65/76

bye

CDG said...

Dear Sujatha
Your words came true....... almost there...

CDG said...

Dear Parminder Bhai,

what could be the 9-RSI value at around this close???

Parimal said...

5676 is 21hrsma for NF
5684 is 34hrsma for NF

anmpatel said...

NF price increased with OI down 2lac deletion....short covered???

Bhushan said...

dinesh sir,

spinning top

Parimal said...

CDG
it should be below 68 (poor visibility of the chart)

satheesh said...

Sir,

Developing Bank Nifty JNSAR please ??

Pankaj said...

@Nifty Rider, as per my time projections we wont get to 5585 even tomorrow. Probably we will get it either obn Friday second half or Monday first half. But sometimes my time projections do not work.

TAnovice said...

Sujatha ji, amit ji wants to join us for breakfast tomo... What say??

CDG said...

if RSI value is around 28-30 and decreasing then the prudent way TOMORROW is to cover shorts.... NS might bottom out around 5604-5587 not below that...any takers of this view...

parminder said...

hi Cdg
if closes around 5660 it would be around 31

nath said...

if hanging man today and black tubelight tomorrow i am itching to go long

Ilango said...

BN JNSAR for 18th: 11403

Kiran said...

Satheesh,
Dev BNJNSAR should be close to 10400(+/- 10 points)

STOCK4SURE said...

last 10min
20pts fall needed to enter longs for tomm

anmpatel said...

even if we close 5660 HAdiffCO value is -13.8, moves away from 0. yesterday value was -5.6. suggest downside bias. let's see how this new HA indicator works.

srinkr said...

Dear Sir,

That is true, because it is the nature of Tapioca and within one day we have have to crush the root other wise it get spoiled.

sri

nifty rider said...

@pankaj
i m expecting dhamaaka on weekly closing...lets see...dheere dheere bhi chalen..toh bhi chalega...

jay shah said...

goodbye sir ,seniors and freinds

anmpatel said...

my angel diest shows banknifty OI now in negative?

@DR
what it means...short covered in last?

Dinesh Rishi said...

Parimal & Bhushan

even Japanese never seen this type of situation

they have called for urgent meeting to decide the pattern

"It inside day" (NF)

Definition of 'Inside Day'
A candlestick formation that occurs when the entire daily price range for a given security falls within the price range of the previous day. Inside day often refers to all versions of the harami pattern and can be very useful for spotting changes in the direction of a trend.

The Harami (meaning "pregnant" in Japanese)

STOCK4SURE said...

emas converging near eod in 5 min charts
a big gapup or gap dn possible

anmpatel said...

high volume trade at 5663..in last minute...lets see tom. i think DII bought in last 10 min or so?

mishra samarth said...

sir having a put position in nifty shall i wait for tomorrow or squre off today

Parimal said...

Dear DR
thanks for the education. let us see how this Harami pattern works for tomorrow

anmpatel said...

clo avg 5658.21 becomes flat

Dinesh Rishi said...

anmpatel

Sanjay Jaiswal

Wizard of OI

anmpatel said...

@DR
i would like to add..it will be bearish harami na? close below open. is that make any diff? thanks.

srinkr said...

Dear Pankaj sir,

For producing white sugar, factories are using lot of chemicals to clean dust & mud. sago process are also same as sugar to get that white colour after peeling the outer skin.

sri

Ashwin said...

i m bearish until 5690 is not taken out.

i m of the view that we will see 5580 and 5552 before expiry.

i m off for nw.. thank you master and all seniors here.happy evening

Dinesh Rishi said...

anmpatel

if the body of second candle is red or blue it hardly matters




channasri said...

@ Ilango Sir,

Kindly provide BN JNSAR for the next day alongwith update III everyday. That will be very much helpful for all BN traders is my opinion and request to your goodself. I am one of those people who do not have access to PC but see the postings using cell phone. Hence, I am unable to know next day's JN SAR. Pleae spare few minutes for this purpose.

I hope that other blogmates agree with me.

Best regards

Dinesh Rishi said...

Investopedia explains 'Bearish Harami'
A bearish harami may be formed from a combination of a large white or black candlestick and a smaller white or black candlestick.

Read more: http://www.investopedia.com/terms/b/bearishharami.asp#ixzz29Y7S1alB

SANPOT said...

3 Black Candles in 5 min chart, the last candle with a long upper shadow ? Bearish.

Dinesh Rishi said...
This comment has been removed by the author.
Dinesh Rishi said...

anmpatel

bearish patterns should be explored when JNSAR is up (Long)

Praveen Kumar said...

IS H&S PATTERN...dev in day NS? below 5630 another 200 point down target...

Janak said...

"BN JNSAR for 18th: 11403" thnx ilango - close at 11358 - so if there is a gap up - bn will open above the JNSAR :-) a rally towards 11800/12k on?

Post a Comment