Thursday, December 20, 2012

Nifty Intraday update-III


39 comments:

Ilango said...

@ Hitendra,

1st upmove was from 5823 to 5939=116 points.

If 5881 is held, the next upmove should target

5881+116=5997.

Before considering the above, keep an eye on the ST moves to validate such an upmove.

If FII's buying everday of this month should have any effect, it must be here & now...

SANPOT said...

@Ilango Sir, FII are buying in the cash markets only while they are selling in the Derivative Segment.

Debdeep said...

Thanks Ilango Sir. Also noticed that 80% of today's range (5937.6 and 5881.45) is 5926.37 from bottom 5881.45. So above 5926.37 it's trend reversal for people who went short.

SANPOT said...

Sir according to NSE data on last 2 days.

Debdeep said...

Ilango Sir, Thanks for the explanation. So if we are in 3rd wave of 5, we will close above day high ema which is at 5922 now.

Shradha Saburi said...

If FII's buying everday of this month should have any effect, it must be here & now...
Thanks Sir,
It will reflect, when Day TA will be UP.
and If it is then it has to....
we have dono unganlee ghee me
Jai JNSAR
regds

Prithvi Yashashvi said...

wow,

Also indicated Mid-point revesal power

anmpatel said...

@ master
3 of 5 can only confirm above 5939. isnt it?
thanks.

rajapvt said...

@Ilango: 582x is the level for fourth right? Why 5881 is considered for the upmove. Please throw some light on this.

satheesh said...

S4S,

One clarification. Can the small channel formed in Bank Nifty spot - since yeaterday with coordinates -
1 -12455
2-12538
3-12385
4- 12485

conform to a Bearish WW?

Ilango said...

@ anmpatel,

Yes.

@ rajapvt,

We are discussing each segment of upmove.

If 5881 is the completed retracement for 5823 to 5939, the next "segment" of upmove may have commenced from "5881".


rajapvt said...

@Ilango: Thanks. I was disconnected somehow.

STOCK4SURE said...

sir
is it possible that ns may dip again towards 5900ns levels and then may move up again for 5930+ levels intraday
and 5977-5997 may be coming tommorow

anmpatel said...

@Stock4sure
ayega bhai ayega......main to bas 5939 kudaneka intzaar kar raha hun...

Ilango said...

@ STOCK4SURE ,

"5905" is alright as a minor retrace. Below it, it would mean more weakness.

STOCK4SURE said...

Sateeshji
its not a perfect WW pattern as T/L joining pt 1 and 3 and line joining pt 2 and 4 are diverging
instead BN is showing a WW developing which has coordinates as
1.12450 on 17th open
2.12200 lows made on 18th
3.12570 highs on 19th
4.12380 todays low
5..........probably abv 12750
6..................may be near 12350-300

STOCK4SURE said...

ns cmp 5907
at convergence of 34.55ema and 200ma in 5 min charts
may bounce strongly from here

SAM said...

Hey S4S ... U r champ dude :) thanks keep guiding on WW patterns :)

Debdeep said...

Jai ho Ilango Sir, Nifty moving above 5 day high ema at 5922.

Prithvi Yashashvi said...

ns increase but nf not,

mera premium kha gaye gore log

Ilango said...

3.00PM TT & Chart Updated.

STOCK4SURE said...

today if closes near days high than can expect a gapup tomm for break abv 5965ns
am i right or am i right??

anmpatel said...

@master
in five min chart 3 or 3 started from the low of 5888. is it? thanks.

ITradeForProfit Daily said...

All relevant PEs and CEs both in the -ve

satheesh said...

Thanks S4S. So, is it that a WW could be either a channel or two converging lines and never two diverging lines?

Shradha Saburi said...

done intraday at 5926
but holding some longs
bye!

STOCK4SURE said...

ns at res of 5925-28 range
T/L joing H/H 5905 and 5920

Harsh Mehta said...

Master... Fast Rise on Hourly Charts!!??

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

Tatasteel has completed a perfect five from 387 - 433.65 - todays high.

Prithvi Yashashvi said...

Everyday after 3.00 pm they make us fool......

STOCK4SURE said...

Sateeshji
channel also dont give good results
best are converging

Ilango said...

@ Harsh Mehta ,

Prices are not yet closing above HHEma.

Arun v said...

So Nifty may try for gap up for new high, if it will be the ST trend changing day

STOCK4SURE said...

closing not favouring bulls
at crossroads
tomm again in first few hours will eat prem of options and then some big moves
can we expect 80-90 pts intraday move

Ashwin said...

STOCK4SURE..

80-90 points move??????? which way..

Arun v said...

Ha ...ha.. see the closing value 10 point up in last wave, can we see 100 point tomorrow means NF 6012, great, my trailing stop hit at 5936, bought again at 5926, the closing value of NF is 5933(Instant profit)

Arun v said...

s4s, I think the opening will be on or above 5945

Post a Comment