Friday, November 16, 2012

Nifty Intraday Update-III


53 comments:

CDG said...

the volumes in NF seems to be low. am i correct or wrong? Anybody please.....

Ilango said...

Nifty has tested 5650 twice, adding more importance to it.

Above 5650, strength;
Below 5638, weakness.

STOCK4SURE said...

a small bearish WW pattern dveloping in ns 5 min charts
trgts 5628 near 3.00pm

STOCK4SURE said...

a triangle pattern developing in BN 5 min 5 day charts
11460-11560 trading range
break of any of these levels may give 250+pts that side

Prabakar said...

BNF still holding. break of 11499 is required

STOCK4SURE said...

lower low in BN
smelling weakness

STOCK4SURE said...

5630 aa gaya...faster downmove than expected

bb said...

Such Sharp falls are pointing to weakness?

rajapvt said...

Get ready to cover the shorts near the channel bottom,,,,

prakashbkc said...

GA Master,

50% retracement matches with 21 Hr sma & channel resistance @ 5650.

Keeping a small SL, one could sell.

OR wait for 61.8% @ 5662.

OR wait for breakdown @ 5638.

superb observation thanx a lot

rajapvt said...

5622 giving support, should break sometime,,,

Indus said...

@Ilango

Channel bottom by EOD?????

prakashbkc said...

Nifty has tested 5650 twice, adding more importance to it.

Above 5650, strength;It is understood.
Below 5638, weakness.

Master how u arrive "Below 5638, weakness" ?

rajapvt said...

Master: Your marking of the circles on retrace numbers helped a lot in today's trade. My sincere thanks to your extraordinary guidance.

Ilango said...

@ Indus,

Below 5614(approx) only more weakness.

Ilango said...

@ prakashbkc,

It is the "low of 2.00PM hour".

J.R.Julius said...

Have a Nice weekend - Thanks for Everything - Bye.

suresh said...

s4s ji,
can i have your mail id

suresh said...

s4s ji,
u can send me a test mail

CDG said...

@Ilango
are you seeing 5585 region for this to take some support....

bb said...

Whats the next TGT downward?

Parimal said...

Expecting deeper cut since earlier low of 31.10.12 is broken down

Dinesh Rishi said...

bb

Shastri ji said more than -100 on fry day

amola jhaveri said...

@Ilango

Many thanks for your inputs....they have been invaluable in trading

Ilango said...

Conservative traders:

5565-85 is the buy zone.

Ilango said...

And they could "Close their shorts", if not wishing to take an aggressive posture.

Nifty could drift lower depending on global cues.

One could take a view over the week end.

prakashbkc said...

thanx master again i repeated same question.I m still a very slow learner.

STOCK4SURE said...

DR sir,
as per shastriji 20th will be big green day

eevra said...

The only nearest number in TT available right now is 5550 (!!!)

Ilango said...

@ rrknan,

2-month low is far away @ 5216.

anmpatel said...

@DR
who is sharstriji??
thanks.

Dinesh Rishi said...

STOCK4SURE

Yes but I will wait for buy signal to buy

but will close shorts today :D

Dinesh Rishi said...

anmpatel

http://niftypredictor.blogspot.in/

Nilesh Deshpande said...

ATR Based trading signal target achieved

Breakdown occurred below 5621.35

Breakdown target : 5566.15

SL for short positions : 5651.65

Dinesh Rishi said...

Mkt again @ channel bottom

Ilango said...

"Closing below WLEma" is bearish.

Follow up on next week would be critical.

saptharshi said...

llango sir Conservative traders stop loss please

Ilango said...

@ saptharshi ,

5535.

STOCK4SURE said...

if break below 5 5665 with a gap down on monday can be disastrous for markets

hbk said...

dr sir ramki sir counts in work?????????

Parimal said...

Yes, Rakmi Sir's 18200

chetas said...

nf goes in to discount after adjusted closing

hbk said...

@parimal as per him nifty 5000???? what cn be more better jnsar with us.....

J.R.Julius said...

Target#1 Reached.

Market Gave Aggressive SELL@5642 & SELL@5622 [intermediate SUP]

Signal 16-11-2012 ~ 1-2-3 Pattern ~ Paper Trade
http://www.mediafire.com/view/?qrhwk5hbd5b6uej
For Educational Purpose only.

Max downside I expect 5555.

Next week Possibly BUY SAR.

BYE... BYE... BYE...

rrknan said...

now a lower high or expanding triangle ?

SJkolkata said...

DRsir,
I follow Shashtriji's blog but where did you find about today being 100points day.
Thanks in advance.

SJkolkata said...

Thanks Master,
Now I am a bit aware of the vigour of C wave and that's the reason I had asked about 5650 and was waiting for the ferocious move of C.

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