Friday, December 21, 2012

Nifty Intraday Update-I


J.R.Julius said...

✰✰✰ Nifty Spot Intraday Numbers ✰✰✰
↑ Buy Zone/Upside : 5892-5911-5930-5950-5969-5988
↓ Sell Zone/Downside : 5868-5849-5830-5811-5792-5773

Intraday Numbers based on 30 Minutes ORB - Filters will be added with ORB in some special conditions - Levels Clustered using Gann angles for Trailing & Part Booking easily. Stoploss 20pts or swing sup/res in 5 minutes chart. Personal Decision Advised.

Ilango said...

"5926 to 5861" - a 5 done.

Keep the retrace handy as long as 5861 not broken.

DZIRE said...

Namaste Ilango Sir & all members.

Kumar said...

Today is friday... Before going to long we have to think... Usually FII's booked their profit on Friday and they would go long on Monday.

Kiran said...

ND sir's ATR Target :
Breakdown target : 5804


shriram said...

GM Master & JN Family,

3 Alt. EW lable Options visible:

1. Seeing today's price action as may be the C wave of the ABC FLAT being tracked from 5965
This may be a Regular (will seek 5813) or Irregular Flat (will stop near 5850)

2. Move down from 5965 (C.4) is a DZZ with 1st 3 as a CT & now next (Y) as a ZZ

C.4.y.a 5939 5882 -57
C.4.y.b 5882 5926 44 -77.2%
C.4.y.c 5926 5861 -65 114.0%

1.382xA will give 5847 (outer zone for a ZZ)

or ,

3. C.5 has started @ 5824 & A re-trace to 5824-5939 , if 5.ii shud bounce from 80% which is
C.5.1 5824 5939 115
C.5.2 5939 5847 -92 -80.0%

All cases, Bounce zone area is 5810-5850 (which is also the 5WkEMA ! )

These lables are invalid if EOW close is < 5WkEMA & Trend will have deemed to have taken a bend if EOW close is < 5813

have a gr8 day, cheers :-)

Arif said...


5 are visible in 2min, but in other timeframes its overlapping.
How to view this?

rajapvt said...

@Kumar: Friday FII's book longs? How you came to that conclusion? I am eager to learn certain tricks which usually no one market teaches. Please share actions behind market.

Ilango said...

@ Arif,

At 15.10 hr yesterday, Nifty reached 5926.40 and started to fall:

5909.70-5916.40=ii(20th. close)

No Overlaps.

rajapvt said...

Market cycle: Hourly oversold followed by daily oversold followed by weekly oversold, followed by monthly oversold then followed by hourly overbought, followed by daily overbought, followed by weekly overbought, followed by monthly overbought. So market is huge :P
Don't rush bears. As rupee weakens, IT going to take up charge.

Kiran said...

Lately, IT is becoming Defensive sector.. They do not have much positive impact on Nifty..

prakashbkc said...

GM Master,

""5870"-WHEma would come into play today "
In pre-market u have taken previous week WHEMA not this week WHEMA I remember in Last friday u have taken that week developing WHEMA Why Any specific reason?

sandeep said...

jai hind master ,dr ji, julius sir n all

J.R.Julius said...

Good Morning - Have a Nice Day.
Jai Hind.

Prithvi Yashashvi said...

a most of leader stocks making a high but nifty not turn ,

DR sir,

Lagta hai App ka boj nahi zil pa rahi hai

rajapvt said...

@Kiran: No impressions. Let's wait and see. Expect the unexpected too (part of game plan).

Arif said...

Thanks ilangoji,

I didn't had the confusion for the 5, you told.
But the time-frame above 2m.
Sriramji had given lot of options to think about.

Que sera sera said...


can 38 % - 5885 be used to initiate conservative shorts?

thank you

Parimal said...

NF has a support at 20DMA.

suresh said...

ns needs to be>5890/5900 to zoom or

Brad said...

Dear Ilango,

The green 5 at 5939 - is that a truncated 5th of c of B?

Best regards,

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, VAH:5949, POC-5936, VAL-5915, WPOC:5931, Pivot:5925, R2:5871, VWAP:5884

Ultimately the 5900 level seems to be getting resolved, with the CE writers running away with the honors for the time being…

Thanks & Regards

Debdeep said...

Good Morning Ilango Sir and others.

Prithvi Yashashvi said...

Big 3rd wave ,yummy yummy,
than expect market where to gone???
1st is 5965-5823
2nd from 5823-5939
3rd from 5939 to 5798 @100%1st tgt and jnsar tgt5656 @200%

aish karo yaro

Prithvi Yashashvi said...

as per master's breakout day calculation

Nifty must down -90 to -100 today for breakdown

hai na master
i m right ya wrong

Debdeep said...

Prithvi, Ghee and sugar in advance....

Prithvi Yashashvi said...


Kaju me ghee fry karna

Ilango said...

@ Que sera sera,

Closing below DHEma, it is a sell on rises.

WHEma @ 5894 may be tested(I have wrongly shown as 5870 but even that error was useful...!)during intraday.

Hence, sell around there.
38% @ 5886
50% @ 5894
61.8% @ 5901.

"Sell on rises" should make the price close below DEma-5903 failing which weakness would be challenged. Hence, watch these.

Ilango said...

@ Brad,

Let us not take these Hour EW labels "too seriously". However, watch for "weakness to continue" OR "invalidate weakening labels".

EW done in month chart & week charts have stood for very long time.

Hour could be challenging.

It should be read as "relevant for the current prices unfolding".

Prithvi Yashashvi said...

ABC wave is bigger than 2nd and 4th wave

it means A wave give minimum 267 point

Indus said...


Digesting your comments above, would it then be prudent to short closer to EOD? I ask because your comments suggest a possibility of NS having taken channel supports and the uptrend continuing?

anmpatel said...

if this is 3rd, should be confirm by price action. it should make lower lows every hour. it looks like corrective wave only till now.
give some more down side. week trend is up with momentum, god knows what is coming.

shriram said...

A 300 pt upmove to 61K , vide C.5 in Jan'13 ??

But this time u hv to pray properly to Wave Gods , last time jaise nahi chalega ;-)

Prithvi Yashashvi said...


JNSar short trigger hua,

Mere liye ye 3rd wave ho gaya

Que sera sera said...

Thank almost equals HLEMA, HEMA HHEMA :)

Prithvi Yashashvi said...

hour ke sare low morning me khulte hi de diye

ab hour me baki bacha hi nahi to new low kya khakh degi

Nerella Raja Sekhar said...

@Arjun: Once Aim is made, just release. It will reach the target....

Debdeep said...

Small cup and handle in 2 min chart. neckline 5880-81, target 5900.

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

Stocks lover can have a look at adani enterprise. Looks like 3rd wave down started there or below 269.

shriram said...

@Raja: Where is the Tgt ? Pls specify first ;-)

Que sera sera said...


b wave playing flat in 2 min charts?

thank you

Ilango said...

@ Que sera sera,


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