Monday, December 17, 2012

Nifty Intraday Update-III


20 comments:

Ilango said...

Diminishing hourly range:

5,886.05 - 5,860.20 = 26
5,883.65 - 5,866.60 = 17
5,878.50 - 5,863.90 = 15
5,867.75 - 5,856.05 = 12
5,868.10 - 5,859.60 = 08.

Holding 5860.10, a move past 5869, would indicate "intraday reversal".

ITradeForProfit Daily said...

Bears not able to breach day low

shriram said...

G.afty to Master & JN Family,

Have a gr8 day !

cheers

Smita said...

Good Afternoon sir and JN Family !

+ve divergence in 5 mins chart

Ilango said...

From 5856.15 low + 9 points=5865 above which a likely intraday reversal.

madamuniramaiah said...

always before a big EVENT observing a formation NIFTY trading with a DOJI candel,

CDG said...

testing 12EMA-D support

CDG said...

last week Thursday CLOSE was at 5851

shriram said...

Ilango ji,

Did we finish a CT here today ??

madamuniramaiah said...

Dear master,
can expect 6th,14th lows 5831, below S1 5851

shriram said...

from 5965 down i mean ...

Ilango said...

Nifty has shown signs of a ST reversal @ 5848(80%) of last rise.

Its ability to move past 5886 and then subsequent 80% 5940 are needed to confirm the "last wave up".

madamuniramaiah said...

@SORRY MASTER
It is 5838 not5831

HARISH TAHKKAR said...

To Day market may resolve previous day Inside Day
Previous Day was Inside Day of the Day before.
If so. to day Daily pattern "Double Inside Day"
Ref.the screen shot I had send last Sunday in google group.Do remembr for tomorrow to trade.

Ilango said...

@ shriram,

"5872-5879" are the 61.8 & 80% of the last fall.

Till these are not crossed, the correction could continue upto 5825-28.

Below 5825, I consider it as ST bearish.

shriram said...

Thanks sir,

See a bullish WW developing on the 30mins chart, may be saying Rate cut tomo ??

varun kumar said...

@ Harish Tahkkar ji
i understand from 'double inside day ' pattern that market should go down tomorrow. am i right ?

jay shah said...

thanks for your wonderful inputs dear sir. hey freinds why so less posts today? dont remmeber when it was so less posts does it suggest everyone is too complecent? stay well everyone

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