Monday, December 31, 2012

Nifty Intraday update-II


20 comments:

srinivasan k said...

Thanks for new post sir.

suresh said...

sir ji,
what parameters to monitor to know
whether price if < 5hrhema that it may fall
< 5hr-ema and the likely to touch 5hr-lema

SANPOT said...

Ilango Sir, Nifty is making a C.T in the 4th wave with higher lows and lower highs since 18th of Dec-low of 5823. The C.T is usually in the 4th wave of an Impulse and the 2nd is a Zig-Zag. Am I right Sir?

Ilango said...

@ SANPOT,

It is not a CT but a "descending triangle". Read below:

http://www.stock-trading-infocentre.com/descending-triangle.html

SANPOT said...

OK Sir, thank you.

Prithvi Yashashvi said...

2 Times Jnsar Fails.
So finally now may be giving more points either upside or downside

This time indication is upside is very tuff.

Prithvi Yashashvi said...

@master,

Discending triangle accured in Down trend??

So it is shorting time now???

Or Triangle would break up side also???

SJkolkata said...

Only 1 thing that can be seen contracting is the volumes and the range.

anmpatel said...

highest volume trade at 5899.4 just one min back......lets see what happens now??

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 1:00PM, VAH:5951, POC-5942, VAL-5933, WVAH:5914, Pivot:5948, VWAP:5948

Seems like market participants have taken the day off, with Nifty volume at its lows till now and writing very evenly matched…

Thanks & Regards

STOCK4SURE said...

POSSIBILITY OF a fast rise setup emerging in 5 min charts
if sustains abv 5903

SANPOT said...

Break out above 5919 the U.B.B on 60 min chart.

amber said...

Sir ILango ji sent you a test mail from omhrmanagement@gmail.com , kindly make me a member

thnx

madamuniramaiah said...

Desending triangle is generally considerd as BEARISH useually found in DOWN TREND.
The bottom part of the triangle appers FLAT
The top part of the trianglehas a DOWNWARD slant.
1.Prises Drop to a point where they are oversold.
2.Buying comes at the lows,and prices pick up.
3.The higher prices however attracks MORE SELLERS,
and prices RETEST OLD LOWS.
4.Buyers then once again tentitivly REENTER.
5.The better prices though, once again attract MORE SELLING.
6.(a)Sellers are noe in controle and push through the OLD LOWS of the pattron.
(b)While the previous buyers rush to dump their
positions

Parimal said...

As per descending triangle pattern, break down point comes at around 5650, am i right?

rajapvt said...

Desending triangle is generally considerd as BEARISH useually found in DOWN TREND. Are we in the downtrend? What time frame?

anmpatel said...

hello friends
is there any latest news about US cliff situation??
thanks.

rajapvt said...

@Parimal: How did you arrive the target?

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