Friday, December 7, 2012

Nifty Intraday Update-III


60 comments:

Ilango said...

"Friday Sell off"...

Ilango said...

21 Hr sma @ 5898
34 Hr sma @ 5890.

shriram said...

Ilango ji,

DZZ done here @ 5897 ?

rajapvt said...

Trading above Pivot can act as resistance and cool supports very near by to pivots.

Ilango said...

@ 21 Hr sma @ 5898, is "iii"rd of 5th (green) has started?

Sujatha said...

During December 2012 also as the Sun & Rahu in the same house and all major planets near Rahu-Ketu, continuation of natuaral calamities(earthquack, storm, heavy rain etc.) and political disturbunces expected. Further, as per Mayan calendar 5126 year cycle ends on 21st December, 2012 and a few groups expect passing through a difficult period which may transform the world. - courtesy - VIPANI SANGEETHAM

Govind Bhagwat said...

JUST IN :
BREAKING NEWS: USGS says magnitude 7.4 earthquake jolts eastern Japan; tsunami expected by 0840 GMT - NHK

Parimal said...

Tokyo is warned of severe Tsunami

Ilango said...

@ shriram,

I saw it as 3-3-5 from 5950 to 5897.

Sujatha said...

frm where u all getting news??? TV??? while trading??

Parminder said...

Master the stoploss for
conservative shorts now is 5930 right i.e 80% of the last rise

Govind Bhagwat said...

SUJATA SIS - FIRST WEBSITE LINK AND SECOND NDTV WEB

http://in.reuters.com/article/2012/12/07/japan-earthquake-tsunami-idINDEE8B604Q20121207

http://www.ndtv.com/video/live/channel/ndtv24x7

Ilango said...

@ Parminder ,

"Shorts" are meant for intraday trading only.

5930 is 61.8% of last fall; 5939, the 80%.

3.00PM close, hopefully, will resolve it.

rajapvt said...

http://www.thepatternsite.com/EWleadingTriangle.html

SJkolkata said...

retracements down are very fast.

shriram said...

@ SJKol...

shud be expected now that rubber band is stretched.

Just shows that Bears may be trying to test the strengh of Bulls may be ?

N Ram said...

Resisted again @ 5925. Shorted again expect 5880 below 5912.

N Ram said...

Only minor points till 5880 ( level for today) is taken out decisively by the bears. Fall/rise ( like yesterday) can be swift.

vija i said...

once 5958 crossed in nd days high chances r more

jay shah said...

dear sir sent you a mail please reply when you can many thanks

shriram said...

Seeing the candles today...

cant help feel... Hi chance of this wave going up to 5985-6K next 2-3 sessions,

as long as 5880-59K supports !!! :-)

Nilesh Patil said...

@Master,
Today close @5910-20 is it confirmation of doji, and trend exhaustion or reversal?

CDG said...

It is a tough fight at 5912. anyone can tilt it towards their side......

rajapvt said...

(For newbie) Trading Rule: When doubt, no trade.

shriram said...

Ilango ji,

Rounding bottom ysday & todays move taking support @ the internal UTL joining 5927 & ysday High ??

Ilango said...

@ Nilesh Patil, CDG,

"Close above 5912 would tilt it in favour of Bulls"

"Close Below 5912 would tilt it in favour of Bears"

Stockgrp said...

voting on in rajyasabha

chetas said...

FOR NEWS WATCHERS,

No should have it for the government to win and fdi to go throgh

rajapvt said...

Selling started I believe, check the charts...

Ilango said...

3.00PM TT & Chart Updated.

N Ram said...

Oh what a fight interesting to see the action around 5912.

Parimal said...

Live! FDI vote begins in RS, govt needs 117 to win

Dinesh Rishi said...

http://rstv.nic.in/rstv/index.asp

SJkolkata said...

Somehow i feel abt the reversal now.
Not technically but just by experience, when both longs and shorts stop loss start triggering, thats the ideal sign of reversal happening shortly.

Parimal said...

Live! UPA wins FDI vote in RS, 116: 95

CDG said...

Bears were planning this for longgggg....

N Ram said...

Oh 5880 is coming i will cover my shorts there will carry O/N only below 5880

Parminder said...

Master ur views now pls.
thanks regards

Ilango said...

At Channel bottom & 34 Hr sma -5890

CDG said...

next step is turn the Day down......

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

do u dissapprove the fdi 95 say yess 116 say no

Ilango said...

Please Do not make this a "Call Centre".

shriram said...

CDG:

For Day to turn down need close < 5880 .. not likely

Shradha Saburi said...

should close above 5904 for avoiding weakness in Day TA

shriram said...

@ ilango ji,

is it possible that a DZZ has now formed (ended @ 5889) ?

Tushar said...

Hello Sir, Can we consider today's red candle is continuation of Yesterday's Hanging MAN ?
PLease guide.

Thanks

CDG said...

yes Shriram you are correct. Bulls seems to have fought well and protected....

Ilango said...

@ shriram,

That is the possibility till 5890 holds(Channel top; Failing would play exp. triangle.

Govind Bhagwat said...

13 Sep 12 - Nifty 5435 - PM announces FDI in multi retail brands...14 Sep 12 Nifty gaps up 5526...rouglhy 55 trading days since that day...Nifty at 5950 today..

How many times index should go up for same news - once on announcement (13 Sep) and again on passing the same (7 Dec)?????...:-)

Ilango said...

@ Tushar,

Price should confirm with a close below 5 DMA/Ema.

N Ram said...

Nifty took support finally 5dema 5888.

Ilango said...

"Closing would be below "DHEma-5912", first sign of weakness for ST.

Shradha Saburi said...

Day TA is intact closed above 5904 but weakness in hour TA
regds

Harsh Dixit said...
This comment has been removed by the author.
Harsh Dixit said...

5888 is most imp Support.

Hourly Channel Support must be held for further up move. Below 5888 trend may reverse to down.

Conversely 5th inside C5 might be Extending. Break abv 5950 will confirm it.

Then C5-5 (iii) might move 1.618 of C5- 5 -(i)to 6068 & 2.618 to 6179.


Thanks & Regards,

Harsh Dixit..

Arun v said...

its gap up above 5950 on Monday it can reach 6015 monday itself

Post a Comment