Friday, November 30, 2012

Nifty Intraday Update-II


54 comments:

Ilango said...

Ilango said...
Profit booking from closer to "5869".(5862-73.6%)

HHEma @ 5828/HEma @ 5820.

November 30, 2012 9:24 AM
===================================

Low made 5828.

Minimum target 5869 - Done now.

Buy into every dip till closes below 34 Hr sma.

cooldent said...

Sir

5828 was my bday gift :)

Ilango said...

Another irregular correction....!!!

Indus said...

@Ilango

ORB breakout, ATR breakout pending.......target 5925 again today??????!!!!!!!!

Suraj said...

Happy Birthday Dear Cooldentji

Ilango said...

Irregular correction would come into play on conditions:

Not able to move above 5875;

Break below 5854.

Ilango said...

ORB: Not a day to use considering the OB conditions as well as nearby resistances.
ORB low 5836 broke to 5828 & then reversed above 5866 & now struggling again.)One could opt for "only upside ORB break-outs" till reversal signalled or topping patterns visible.

ATR Breakout above : 5874.6 (High made 5873.90)

PIRATE OF THE MARKET said...

hello dini bhai ...how r u ....i was not in market since last many months...again i am back ...illango sir...plz give me acces ...thank you

PIRATE OF THE MARKET said...

hello dini bhai ...how r u ....i was not in market since last many months...again i am back ...illango sir...plz give me acces ...thank you

Dinesh Rishi said...

Rajen Seth Welcome back :D

amber said...

Sir ILango ji coming into our 26 to 49 points correction strategy.sir can we use it daily thnx

Ilango said...

@ PIRATE OF THE MARKET,
=============================
Members Invited - Confirmation
No new people were invited to your group
1 person is "already a member" and will not receive an invitation - view
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You are already a member.

J.R.Julius said...

Camarilla - Nifty Spot
Now@Scenario#2

H4@5879 ↑
H3@5852 ↓

Ilango said...

@ amber ,

Every market is different. One needs to work at this "quantitative analysis" for better results.

================================

Nifty is not showing weakness. Aggressive traders would watch the 21/34 sma of 30 min google chart for signals.

Parimal said...

My Dear Julius
SBI on a bingo above 200DMA -a very significant long term milestone indeed. negative divergence, if any, occurs on day chart, shall certainly intimate.

meignanavel said...

dear sir, how to join the member

Parimal said...

As regards BratiAirtel, we may like to wait for parliament to casts vote on FDI next week.

Ilango said...

hi..meignanavel,

Send me a test mail.

Best wishes.

ilango

anmpatel said...

@master
can we say -ve div in 5min charts with indicator setting of
MACD (5,10,3)
RSI (9)
slow STO (35,3)
its only for educational purpose. can you guide? thanks.

amber said...

Sir thnx very much

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 1:00PM, VAH:5874, POC-5840, VAL-5806, WVAH:5617, Pivot:5833, R1:5915, VWAP:5892

The PE Writers are in a hurry to seal the lower levels, with huge addition at 5900 and 5800 strike, OI Table is highly Bullish, any dip is a buy opportunity…

Thanks & Regards

STOCK4SURE said...

5848-52(pt4) range may lend intraday supp
then nifty may again move near 5884 levels near eod
will complete pt 5 of bearish WW pattern in nifty
trgt 5840 on monday
caution:any gap up opening on monday again may distort this pattern and view will be negated

Sujatha said...

GA SIR ND friends

any speciality today - new comers starts from "M" alphabet like Subhash ghai's film??? mangoman?? meignanavel?? more welcome today

Julius - hi நாங்க எல்லாம் திட்டினா கூட மாங்கான்னு தான் திட்டுவோம் நல்லவேளை பேர் ஆங்கிலத்தில் இருக்கு hehe இவரை யாரும் அப்படின்னு திட்ட முடியாது ஏன்னா பேரே அதான் எனக்கு மட்டும் ஏன் இப்படி ஏடா கூடமா தோணுது :( :P Kozhupppu??? can't tell that also medically that's less :)

chetas said...

Illango Sir,

I have sent you a test mail, request you to please add me to Jn group. so I can download, TA file.

Thankyou

Parminder said...

Master there is -ve div on hour RSi at 1Pm
by the TT
kindly guide if right
Regards

J.R.Julius said...

@Sujatha,
Good Afternoon. அனகோண்டா அசைந்ததா?

meignanavel said...

thank u sir . ur mail id sir

satheesh said...

ஏடா கூடமா தோன்றினால் தான் அது சுஜாதா :) :)

mynac said...

Dear parminder,
Nifty trading above 5863 = preparing itself for breakout...is understanding here.

Ilango said...

Not able to move above 5875;

Break below 5860.

SANPOT said...

Ilango Sir is Nifty showing an End Diagonal Pattern on 30 min chart in vth of 3rd of 5th wave?

Ilango said...

@ meignanavel,

Check the side bar of this blog.

mynac said...

In-spite of huge cash selling today,it is comfortably holding above 5800,is the sign of it's strength..with huge NF addition over 20lac..5845 would prove decider for this move for next week is understanding.

meignanavel said...

thank u sir,I have sent you a test mail

Parimal said...

9Hr.RSI and Hr.Fmacd are developing small negative divergence.

Ilango said...

@ Parminder,

Let divergence, if any, develop;

Do not spot them for every point;

I place importance on:

Prices making higher High & higher lows (note..not just making highs)
and
Indicator making lower highs and lower low(note...not just making lows)

Best trades comes from such patterns that you are able to draw "angled line connecting 2 higher highs of prices & 2 lower highs of oscillator".

STOCK4SURE said...

is it possible that nifty may score 3rd consecutive century today?

Parminder said...

Thanks Master
regards

SANPOT said...

Sir, reposting is Nifty Spot making an E.D. Pattern in the vth of the 3rd of wave 5?

jay shah said...

sir would like to try out intraday trading using horly 5ema or hourly jnsar what do u suggest sir?

Ilango said...

@ SANPOT ,

The chart shows sub-wave(iv) in progress. I do not see any ED.

Prabha Gopalkrishna said...

Sujatha Madam...Room pootu yosikirengalakum...Indha vegathalae poona Vadivelu Sir kooda thoothu poiduvaru...

ITradeForProfit Daily said...

Nifty missed ATR breakout by a whisker (0.05 points) and now 20 points below day's highs.

suresh said...

sir ji, GA:
the application guidelines should occur
immediately on formation of pattern
e.g : during ut when pullback will continue ut or change of trend and viceversa during dt
along with TA.

Ilango said...

Another 22 point fall is being "bought into".

suresh said...

e.g : today in 5mts tf in sbi,
there has been dt,then ut and now again dt.
depending on pullbacks and pushup(bounce)

SANPOT said...

Sir just for my study purpose, on 30 min chart of ?ED wave "a" from 5864.85 to 5827.85, "b" from 5827.85 to 5873.90, "c"-5873.90 to 5851.90, "d" ongoing. Can this be valid?

satheesh said...

Cooldent Ji,

HAPPY BIRTHDAY :)

STOCK4SURE said...

Ilango said...

@ SANPOT ,

The chart shows sub-wave(iv) in progress. I do not see any ED.
sir,
will it go for higher high near 5880-90 range today.pt 5 of WW pattern developing and trgt can be near 5840-30 range on monday
does it coincide with sub wave iv?

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