Monday, December 3, 2012

Nifty Intraday Update-II.


38 comments:

CDG said...

@ITradeforProfit

ARe you seeing 200 point decline from here? Do you like to put any kind of timeline also for this decline????

ITradeForProfit Daily said...

@cdg,

after being under the able guidance of master, I have stopped setting targets, and more so timelines.

All i can see at this point of time is a high possibility of decline towards developing day JNSAR

CDG said...

ITradeForProfit,

Thanks and no offense please. I was just curious..
Regards

J.R.Julius said...

Spot Crossing 5855/5875 can be considered.

STOCK4SURE said...

ns may trgt 5840 near levels near 2.00pm
friday post:bearish ww trgt as posted on friday
5848-52(pt4) range may lend intraday supp
then nifty may again move near 5884 levels near eod
will complete pt 5 of bearish WW pattern in nifty
trgt 5840 on monday
caution:any gap up opening on monday again may distort this pattern and view will be negated



on friday ns took supp at 5852 near 2pm and then made high of 5885 near eod
no gapup today

shriram said...

recalib the EW count for todays moves ..

Opt 1: Expanded FLAT in play as ..

a 5862 5875 13
b 5875 5860 -15 -115.4%
c 5860 5878 18 138.2%
Copy-book C Shud do 1.618xA = 5881 & then FALL

Opt 2: ZZ up from 5860 as ..
a 5860 5873 13
b 5873 5863 -10 -76.9%
c 5863 5876 13 100.0%
Max can do 1.618xA = 5884

Either way wid 5884 as SL, Shorts may just give a 40 pts move DOWN to 5840-20





Ilango said...

5899 to 5860 fall in 5 wave structure suggesting a "zigzag" correction.

Zigzag's bounce should not retrace 80% which is 5891.

Ideal resistance should be 50% to 61.8%-5880-84.

anmpatel said...

@master
can you guide on TATA COMMUNICATION todays move? today it down almost 3%. thanks.

N Ram said...

5900 can be a stiff resistance. It makes sense to initiate aggressive shorts with a small sl. If interested, please refer the chart in my blog. This chart is weekly.

N Ram said...

If 5900 as resistance fails, Nifty gains can be huge as it will be in unchartered territoty and also retraced more than 80% of last year's loss. It can be highly bullish as it happened in 2009 where Ilangoji gave a weekly chart saying BO after some 46 weeks of consolidation.

CDG said...

@Shriram,

if my observation is correct NS is getting sharply resisted around 5881-83..

shriram said...

Hi CDG,

Re-test of DHiEMA (5820) banta hein, before next sub-frac up ...Weakness will be confirmed < 5860

That is guiding my 2 intra-counts, similarly anything > 5890 is STRENGTH,

TIME FOR SAPAAD , cu later, Bon Appetit! :-)

STOCK4SURE said...

now if in next 20-30min if ns could not break and sustain abv 12130 then a fast fall setup may emerge in intraday 5 min charts

eevra said...

@s4s: you meant bns or bnf ?

Parimal said...

Indian Parliament will debate and vote on the issue of 51% FDI share in Indian retail business and also will vote. BSP is in bargain mood to lend support favouring this bill.
If this important bill is passed in both Rajyasabha and Loksabha, it will boost the market sentiment.

Sujatha said...

GA sir nd friends :)

Gauresh -ji - "Life is all about timining..." soooooo nice...again requesting you kindly consider..= pls. make a PDF all ur quotes or word document and send it to group or "ONLY TO ME" :D i would like to protect it for my daughter too. ofcourse at ur free time.

"the unchangeable people" will change?? some i hv seen "changing at their last moments" some at half..some realizing early..some not at all realzing and gng to "uppar wala" straight :) OMG wat to say?? tks onceagain..keep posting.

Ilango said...

Zigzag:

a: 5899-5860=39
b: 5860-5883(around 5880-5884 zone)
c: 5883-39=5844.

Sujatha said...

Parimal - it will boost the market sentiment. it's our opinion...wat about mkt's opinion??? :) Sushma -ji supporting MODI-ji..howmany big mkt participants like MODI-JI as "PM"????? in coming election

Sujatha said...

bye - me too gng for SAPPAD - will land @ shriram-ji's house soon :)

STOCK4SURE said...

can be a doji day today

Parimal said...


Hello Sis Sujatha
What is wrong with Modi if he is supported as future PM? most of the India business and industry houses rub shoulders with Modi and certainly not with Sonia!
Rather than my personal opinion, let us see how market takes this bill.

J.R.Julius said...

@Sujatha,
Good Afternoon.
///send it to group or "ONLY TO ME" :D
ரொம்ப நல்ல எண்ணம்!

shaileshkumar mehta said...

Dear llangoji
Thanks a lot for all your guidance.
Regards

J.R.Julius said...

@Sujatha,
JN ல் உள்ள நல்ல + முக்கிய பதிவுகள் + கமெண்ட்ஸ் உங்கள மாதிரி சீனியர் யாரவது கம்பைல் பண்ணா நல்லா இருக்கும்.

Kranti said...

Julius ... Engita oru excel irukku.. ilango comments mattuthan.. if you want i can send it..

J.R.Julius said...

5828 to 5899
Retracements
5872-5864-5855
80% Mark@5842

J.R.Julius said...

@Mr.Kranti,
Please send it to my mail & if u wish post in JN groups too. Thanks in Advance.

anmpatel said...

@master
re posted


anmpatel said...
@master
can you guide on TATA
COMMUNICATION todays move?
today it down almost 3%. thanks.
December 3, 2012 12:47 PM
thanks.

Kranti said...

Julius..mail sent ..Thanks

Ilango said...

@ anmpatel,

It was for investment. Keep a SL of your choice if uncomfortable. I do not monitor it daily.

shriram said...

--> Back

Suja : u want to come to my home for lunch, ur most welcome, but dont blame the cooking ;-)

Parimal said...

Honda Siel Power makes a high at 620. 52Wk high is recorded at 666. if breaks out of this resistance, the stock can rally to higher levels.

Kranti said...

Sujatha..shriram's cooking will based on extreme calculations and measurements...So u can blame the mathematics and statistics

Nilesh Patil said...

@kranti Mam,
Lolz....................

J.R.Julius said...

@Mr.Kranti,
Thank You - received.

Kranti said...

Nilesh.. I am male only..name sounds like female

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