Thursday, November 1, 2012

Nifty Intraday Update-II


44 comments:

Prabakar said...

NIFTY OPTIDX Open Interest at 12 -> CLICK HERE

anmpatel said...

@master
unable to see the chart.

CDG said...

@S4S,
what made you comment that the fall will be sharp after new high?
Regards,

Ilango said...

"5634"..proud bulls obliged promptly.

Pankaj said...

Thanks guys! Zerodha looks impressive. I will try it.

anmpatel said...

@master
Ilango said...
"5634"..proud bulls obliged promptly.
November 1, 2012 12:29 PM

could not understand.
thanks.

Kiran said...

anmpatel,

Earlier master was not happy that bulls couldnot even retrace upto 5634.

QUOTE
Ilango said...
Inability reach even the minimum of 5634 is weakness as well as conviction of more downsides.
November 1, 2012 10:46 AM
UNQUOTE

anmpatel said...

@kiran
somehow i could not still clear with retracement trades...5634 retraced...now what retracement to look for? means which number is imp?

Waquar said...

@ pankaj,

gimme your email id...mine is their in my profile..

J.R.Julius said...

~~~~~~~~~~RE-POST~~~~~~~~~~~

Strategy for the JNSAR Re-entry:


Mr.Nilesh Patil's Input: I found that many of the JNSAR Traders may not get proper reentry with your premarket view or they are hesitant to take a reentry with 2nd lot. For those traders/ learners, I found one simple method to get reentry with JNSAR 2nd lot. When you are in the position of JNSAR & 1st lot booked, to initiate 2nd lot reentry, do settings 21ema and 34ema on 5 min. time-frame. When EMA's gives cross to downward then wait to give candle close below the 21,34. Take the trade in short. SL is above 21,34 ema close candle of swing high. For buy position, vice versa. This gives the trader a good reentry point with proper SL. of 10-15 points and thus he/she can get confidence on taking reentry on JNSAR.

STOCK4SURE said...

@CDG sir
as i mentioned ns is trading making an expanding tiangle pattern and is very near to its upper T/L
may reverse from here and may try to test lower T/L by making lower lows
generally volatility increases in expanding triangle pattern as range get increase every passing moment

Sujatha said...

CDG - @S4S, what made you comment that the fall will be sharp after new high?

oh...still new high possible??? but 625 s the strong downside breakout na think with volumes too am dreaming of downside first donno which side "Nilam" will go whether bull or bear first my today's 20 pnts consideration over 614+20 = 634. ball @ ........ court. am feeling like sitting inside the fridge :P wearing ..... coat

bye - join @ 2 pm

STOCK4SURE said...

a very very small bullish WW pattern developing in ns charts may make a lower low near 5623ns(pt 5) and then may move up towards 5637-42 range to form pt6 near 1.50pm which in turn may be pt5 of larger bearish WW pattern for trgts below 5570 till tomm

Pankaj said...

@waquar, its pankajvijaywargiya@gmail.com

Indus said...

@Ilango

consistent resistance at 5 sma and 34 hr sma...your views would be helpful

ITradeForProfit Daily said...

@S4S

Is there a link where one can know more about the WW pattern that you mention quite often over here?

Kindly share some more knowledge on the same.

Thanks

J.R.Julius said...

Nifty Spot around CAM H3[SELL ZONE].
Just for Information.

CDG said...

as in Nifty which did touch 5634 (point from where consolidation started) Sensex too touched 18549-50 (just 2 point short of earlier low from where consolidation happened.Now for final down move towards a minimum of 5541-50 or if breached till 5450 (which is far off and seems most unlikely as of now but the head of wave-2)

Atharva said...

Master@ SBIN confluence of 50, 100 & 200 sma in y'day daily bar..Will pls share your views if time permits...Can it be considered a trending move for 12-15% fr this point..thanking you

ITradeForProfit Daily said...

@master,

Sir, is there a rounding top formation underway on Nifty Spot 15 minute chart?

If yes what is the target and what would be point of invalidation?

Praveen Kumar said...

Thanks Master...i was out so couldn't reply u...if it is "a" as and ll folow by b & c then ..this low may not break till tom afternoon ...timewise

anmpatel said...

did anyone facing problem with refreshing blog page? it hangs in both chrome and explorar 9 in my PC.
thanks.

rajapvt said...

Oh, boy just 30 points away for the stoploss...

J.R.Julius said...

@Mr.anmpatel,
From the Morning I face problem to open blog!
I thought it may because of some net problem.
Bad Weather here...

shriram said...

--> back

Ilango ji,

This whole move from 5815 , can morph into a CT if say 5648-55 Resists ??

May see one more "e" down then , possible to ur eyes sir ?

Close > 5660 will turn up wk, hence the proposal

CDG said...

@EVERYONE
Is this a Bear Trap??????

STOCK4SURE said...

5642ns
time 1.50pm
WW pattern ka perfect execution
time to be cautious with longs

rajapvt said...

stoploss locked in the system,,,

Ilango said...

Nifty Pre-Market View:-

Hence, resistances would be in the region of "5634-43" & then "5659".

Hence, the opening support may be in the region of 5599-5604.

J.R.Julius said...

@CDG,
Just a healthy retracement...

CDG said...

@S4S
You have hit it right on the eye on this. Now lets see if the second part comes true as well... Fingers crossed!!!!!!!!!!

Ilango said...

@ STOCK4SURE,

Your WW pattern observation is quite good.

suresh said...

may be n-s res @ 5645/58

sharad_suryavanshi said...

@S4S
should we sell ? nifty 5600 Put Open interest increasing.

Sandy said...

Ilango please see if you can allow anybody & everybody to post their views as an expert to your Blog / Justnifty Google Group without verifying their background, knowledge, experiance etc. One can easily get confused and lose substantial money with these attempts of the new learners cum pretending experts. We have also seen many people using this platform for their business development as well.

Indus said...

@stock4sure

Bingo!!...thank you for sharing

shriram said...

Bullish alt. view can be , on 30mins T/f, we have a rounding bottom forming, will gain power if we can scale 5660

eevra said...

Dr ANM: Not in forefox !!

eevra said...

@s4s: As usual I relied heavily on your wwp analysis with jnsar.
thx

STOCK4SURE said...

thanx sir and friends for appreciation

samay samay par thoda appreciation mil jaye to achha lagta hai

sell shd have sl abv 5665ns

CDG said...

@S4S,
Your second forcast is coming alive.. what a calculation.. Fantastic and so correct....

rajapvt said...

@Dear Sandy: Please keep your eyes on the updates from Ilango. Rest read for understanding so that it helps in learning process. I too faced this problem earlier, now started reading other's comments to learn myself on reading charts with various patterns. I started ignoring that the comments that comes without any reasons.
A noise trader is a stock trader that does not have any specific information of the security. If the efficient market hypothesis holds, NTs add liquidity to a market while not distorting valuations.

In fact, a market without noise traders will tend to break down, because prices in such a market will become fully revealing. Informed traders will not enter a market without noises, because it is impossible to profit from trading in a completely efficient market. Informed traders need the existence of noise traders to “hide” their trades and by trading on their private information, informed traders make profits. Through trading, informed traders gradually release relevant information to the market prices and together with the noise traders, they help bring the market back to equilibrium.

Parimal said...

My Dear STOCK4SURE
why little little appreciation, i shower you with lot of appreciation. like to request you to kindly share some write-up on Wolf pattern and time calculation
thanks

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