Tuesday, October 23, 2012

Nifty Intraday Update-III


57 comments:

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 2:00 PM, VAH:5730, POC-5714, VAL-5697, WPOC:5677, Pivot:5707, S1:5684, VWAP:5706

5700 Level right now perfectly matched, looks like working as Magnet, with Nifty swinging like a pendulum….

Thanks & Regards

anmpatel said...

@debdeep
so nifty is pressed like a spring....jo baju bhi 6utegi....fast jayegi...

Ilango said...

@ marketrider,

For your "rounding top", the breakdown has occurred @ 5690 having a target of:

5690-(5722-5690)=5658.

Shradha Saburi said...

now some movement is expected !

Ilango said...

@ CDG,

It is a downtrending market because yesterday's reversal failed right at the open.

We could anticipate a correction upto 5684 below 5720.

From then on, "It is my guess work".

And market need not oblige anyone and even when it does, it does it in its own sweet time.

Parimal said...

Anmpatel
Oct month consolidation-- much better if breaks this range of 90 points in coming days.
compare June 2010 to Aug 2010-- Nifty consolidated within 200 points.

anmpatel said...

@SS
yes i also feel something is going on around 5691-941

anmpatel said...

@Parimal
at that time also JNSAR whipsawed?

anmpatel said...

@ss
typo 5691-5694.

Parimal said...

Anmpatel
Sure, it did.

anmpatel said...

5697 this hour HAopen and tom developing HA open.

Azad said...

I feel the Jnsar trade works best after a move out of the consolidation.

Shradha Saburi said...

come on nifty show movements

STOCK4SURE said...

sir
In Bn from yesterday a 5 wave up is done till today open and a 3 wave down done till lows of
11535
is it moving up again in 5 wave of which 1 is done and 2 is on?????????

Parimal said...

VIX on EOD chart-- 13.04, three years low

shriram said...

--> Back

@piyush: yes , seems in line

@ilango ji

Dev. 5DEMA seems to be resisting for now.. is it possible that "C" or "Y" has started DOWN from 5722 on 18th Oct, tgtting 5630/5590 again ?

Shradha Saburi said...

yes parimalji
may be vix at low for checking its low range now it may check the span

Parimal said...

1-2-3 formula says that for NF weakness below 5666, earlier swing low

Tintin said...

Morale of the story/Lesson learnt.....
In a 4th wave, either do not trade OR trade with minimum position with quick profit booking.

San said...

Nifty futures Triangle and Rounding bottom: RT CLICK HERE

mynac said...

Nov.NF intra addition 62 lac plus and total intra movement in points hardly 37 points...And Nifty trading closer to Day low zone area since last 2 Hrs...

Piyush Sharda said...

thanx shriram. i guess guideline says only 1 can be extended. thats why i asked.

Debdeep said...

Oops that was so close to trigger the JNSAR. Just 45 paisa away. But so far still it is a JN4, JN7 and JN14 day.

Shradha Saburi said...

plz nifty one more try below 5680

Parimal said...

On Ichimoku Kinko Hyo hrly chart, future Kumo (cloud) has become very very thin, indication of tight range

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

Teen baj gaye lekin breakout abhi baaki hai....

CDG said...

@Shriram,
Nowadays 5DEMA is up on one day and down on the very next day... how to interpret this.. Complicated isn't it?

Pankaj said...

Looks like any mmeaningfull breakout will npow come only after expiry. Not sure if Friday is a holiday.

Tekkie Suresh said...

Since emas and smas follow the price action, they become undecipherable during complex corrections. Wave forms are a better alternative.

TekkieSuresh

Nilesh Patil said...

@Shradha Saburi,
Please no.

Sujatha said...

SS - ameen but the whole NSE bldg is celebrating puja in grand manner??? sooooo quiteee day. grinding here is better instead one move 2 699/708 again cat on the wall

mynac - in one line clear view pls. tks n advance don;t understand anything as it's in english i "read it" that's all :( :P

Sujatha said...

24 and 26th very much holiday i believe

NP -ji - huh :( :(

anmpatel said...

@Sujatha
closing would be around 5693. right again cat on the wall. ye billi girti kyu nahi hai...yato billi girao yato divar hi girado......

mynac said...

Dear Sujatha,

Considering today's Nov.NF O.I. addition,Bulls would try for one last chance to lift Nifty beyond 5725...

Parimal said...

Tomorrow is holiday. market is open on Friday

Sandy said...

Primal what about Thursday!!

Pankaj said...

26th Friday is NOT a holiday. I checked BSE site: http://www.bseindia.com/markets/MarketInfo/listholi.aspx

Sujatha said...

mynac - oh... nooooooo tell the OI fellows not 2 do anything :P but 30 mns. showing the chances

parimal - ????? thursday hai na??? friday is holiday

patel ji - 5751.85-5634 = 5692 grinder. bit disappointed as was expected 79/75 once but not. feeling below 708 and 97 is weak only. but mkt will do always "ulta" for me if i go "south" it "north" am "north" it "south" hehe

Parimal said...

On Thursday markets are open

Prithvi Yashashvi said...

Only Tomorrow holiday.

Not than after

shriram said...

true piyush: if only our markets cud play out copybook as per prechter fibbo

thats why i for my own self look for master's guidance .. to save a "wave" confused soul :-)


Time to go, bye all , hv a gr8 day & HAPPY DUSSHERA TO ALL , GOD BLESS!

Sujatha said...

CM 02-Oct-2012 Tuesday Gandhi Jayanti
CM 24-Oct-2012 Wednesday Dasara
CM 13-Nov-2012 Tuesday Laxmi Puja*
CM 14-Nov-2012 Wednesday Diwali-Balipratipada
CM 28-Nov-2012 Wednesday Gurunanak Jayanti
CM 25-Dec-2012 Tuesday Christmas

Yes right friday is not holiday it seems

Parimal said...

Hello Friends
Thursday and Friday are NOT HOLIDAYS

mynac said...

Dear Sujatha not today but up to Month end..

Sandy said...

Sujatha Now Onwards reminding holidays is your job.

Parimal said...

HAPPY VIJAYA DASHAMI TO ALL. MAY THE SUPREME MOTHER BLESS YOU AND YOUR FAMILY WITH GOOD HEALTH, PROSPERITY AND PEACE

sai said...

If Nifty Close above 5720 Then Looks positive.
But Now it looks 5612,5594,5577 Spot
Please correct me if am wrong sir.
Happy Vijaya dasami..Happy Dussera..

Sujatha said...

mynac - thank u very much i think this month fate is between this 90 pnt range only can't expect more than this

sandy - mm.. done :)

Parimal - Wish you and the JN family the same

Shradha Saburi said...

ok friends!
50-50
Happy DUSSERA TO ALL
bye!

Nilesh Patil said...

@DR sir,
Need you power to Lift the nifty.

Hari said...

Happy Vijaya Dashami to all

Sandy said...

Nilesh Not DR ask Manmohan Singh

Prabha Gopalkrishna said...

Thank you Master and Seniors for all the inputs and guidance.... Happy Dussehra to all....

Varadarajulu Venkatesan said...

Dear Master and JN Mates

Happy Vijaya Dashami and Dasara.

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