Friday, November 9, 2012

Nifty Intraday Update-III


67 comments:

Ilango said...

@ Indus,

I suggest to keep a trailing stop @ 5727 or 35.

Atharva said...

Master said yday : There are two possibilities at work now:
A. 1st of 5th done and the 2nd is on which is likely to retrace 50%.
B. Complex 4th wave continues with the "b"/"X" wave done @ 5777 and "c" down towards 5600 & lower towards 5583 is possible.
In both cases, there is a likely downmove unless Nifty stays above day's pivot 5750.
Remember Nifty had closed below WHEma last Friday which means a sell on rises in wk T/f till it closes above it.
Only hope for the bulls is the week closing above WEma & month in Uptrend.

Janak said...

premkt view jnsar 5688 - triggered - short active?

Indus said...

@Ilango

Many thanks

sudharsan said...

@ Master thank you verymuch...for this profitable trade setup..

Dinesh Rishi said...

sudharsan

Hope your morning doubt is clear now :D

jay shah said...

good afternoon wonderful sir , seniors and freinds. deepest condolences to dear kumarji on his fathers demise may his soul rest in eternal peace and bliss. freinds any idea what time market is open for mahurat trading as tuesday and wenesday next week are holidays? many thanks

STOCK4SURE said...

lagta hai nifty ka khel khatam for today
now may trade in boring range

Dinesh Rishi said...

'Muhurat' trading

The "muhurat" trading session will be conducted for 75 minutes on the Diwali day, November 13, on leading bourses NSE and BSE.

The special trading session would be conducted to pay obeisance to Lakshmi, the Hindu goddess of wealth and prosperity. It would also mark the New Year for traders as per the Hindu calendar, or Samwat 2069.

Trading would be conducted between 1545 hrs and 1700 hrs on the day, as per information available with the exchanges.

Earlier, the exchanges had announced that muhurat trading session would be for 45-minutes.

The tradings would be done in segments like capital market, future and options and stock lending and borrowing (SLB).

courtesy : http://articles.economictimes.indiatimes.com/2012-11-07/news/34971033_1_muhurat-bourses-diwali-day

sudharsan said...

@Dr sir very clear...thank you



Randhir said...

Dear Sir,

On chart wave ii is marked twice, but not able to see wave i twice, request you to please explain the labels, may be I am not able to see chart clearly.

Thanks in advance for reply.

Thanks

STOCK4SURE said...

a very small bearish WW developing in ns charts
may move up till 5696 (pt 5)till 3.10pm and then may drop towards 56849pt6) near close

CDG said...

45 mint left for the week to end and the trend is UP for this week. will it dip below 5672???/

anmpatel said...

@master
please tell tom developing BNJNSAR.
thanks.

STOCK4SURE said...

DR sir
any trading on Sunday kya???

Dinesh Rishi said...

STOCK4SURE

Sunday is Holiday

Muhurat trading on 13th Tuesday

Prithvi Yashashvi said...

@ DR Sir,

Can i CF my short????

Dinesh Rishi said...

Only one Person can break this Range
(If he starts trading)

Guess who ?

Dinesh Rishi said...

Prithvi

I think I will carry, still more than half hr is there

Lets see what Camel says

Ilango said...

@ Randhir,

"ii'" is @ 5678. If moves below 5678, more chances of 4.C towards 5583(+/-20).

Take your decisions accordingly...part booking/ reversing, etc.

Shradha Saburi said...

can comeback towards tomorrows JNSAR

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

cooldent

Lolzzzzzzzzzzz

Only he can do it

shriram said...

@ ilango ji,

Dlo holding , WkEMA holding

(ii) done as ABC sir ?

Shajin Muthirakalayil said...

SBI SPOILED,

http://www.niftybear.com/2012/11/sbi-charts.html

jay shah said...

many thanks for the information dear dinesh rishi ji

kentuky3 said...

where can we get daily charts for options? if anyone could plz help.. thankyou

Randhir said...

Dear Sir,

Got it. Thanks for explanation.

Thanks

Ilango said...

@ shriram,

You gave the a=c target as 5680......done 5678.

If it does not reverse, then week end doubts of deeper correction.

Only accumulating trading points would help in weathering such uncertainties.

Indicators are pointing down.EW at an "inflection" point.

EOD TT will have some clues hopefully.

shriram said...

DR bhai:

stand alone basis "grave stone Doji"

But ideally this shud happen @ wave TOP , not here... wot is it ?

Dinesh Rishi said...

http://www.onlinetradingconcepts.com/images/candlesticks/GravestoneDojiMO.gif


Dr. Venktapathy can throw some more light

Ilango said...

3.00PM TT & Chart Updated.

shriram said...

tks ilango ji,

The Oscillator moves seem to suggest a CYCLIC nature, that is y asked sir :-)

Dinesh Rishi said...

shriram ji

on weekly chart its at Appx Top

eevra said...

S$S is steering the mkt nowadays !

Ilango said...

@ shriram ,

Last 2 week's candles suggest a clear "tug of war" between bulls & bears.

Bears have done this week exactly what bulls have done last week. Hence, 5583 & 5777 becomes quite relevant for coming weeks.

STOCK4SURE said...

Sir
any chances of big gapup on monday???

Parimal said...

Dear DR
wkly candle is inverted hammer

shriram said...

Thank u Ilango ji

Thats a fantastic view :-)

@DR bhai: ok ji, tks a lot for guidance

Dinesh Rishi said...

Parimal ji

Inv Hammer is bullish reversal candle

but here its GS Doji

venkatapathy l said...

DR Sir,

Still there are 20 minutes are so. May turn out to be a Grave stone doji or a simple spinning top. I will wait.

Regards,

LV

Ilango said...

@ STOCK4SURE,

I'm poor with gaps possibilities.
I can say this much:
My critic has been short in the market.

The TA set up doesn't suggest any huge gap ups.

CDG said...

@Shriram
If JNSAR trigger it usually give 50 points... Whipsaws seems only after large gains... please correct me if i am wrong..

Waquar said...

Ilango ji weekly close would be below WHEMA, so this means correction of Wave 4 still on ...

Kiran said...

Tata steel following SBI...

shriram said...

Dear CDG,

no idea on JNSAR -price interaction boss :-(

For now, the way RSI26,30m has fallen w.o dragging price .. seems to suggests this is a simple ZZ !!

More over weekend :-)

Parimal said...


CNX Midcap index down more than one percent 7,884.75 -82.00

leon said...

DR Sir and S4S Sir

My Hdfc trade terminal shows a special session on Sunday for Dhanteras only for Gold ETF trading. The timings on NSE are 11AM to 1:30PM

Ilango said...

@ Waquar,

Both the possibilities continue to exist.

A. "ii" done at 5678 or may be a bit lows possible.
B. "4.C" is on from 5777.

Only a move past 5751 would negate the "4.c".
Only a move below "5657 or 5622" would negate "5.iii"

CDG said...

the struggle is to save 5685-89 the DLEMA

Shradha Saburi said...

ok friend bye! see you again!

STOCK4SURE said...

premium eroding in puts faster

Nilesh said...

fighting going on to close above dlema or below dlema

anmpatel said...

Nifty and Banknifty HA daily charts s/o DOJI with SS -ve cross over from OB zone...may correct more with next week.

Dinesh Rishi said...


Venkatapathy Sir

NF is trading below its weekly open price

jay shah said...

goodbye dear sir , seniors and freinds happy weekend to all

venkatapathy l said...

DR Sir both ns and nf are trading below the opening price.

J.R.Julius said...

@Blogmates,
Have a Nice Weekend.
Bye.

Manish said...

Dear master DR Ji and all friends

Have a Cool and Happy Weekend.

Manish said...

Week Open -5693

Week High-5777

Week Low -5678

Week Close-5686.25

Closed lower than Open for the week.

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