Thursday, April 18, 2013

Nifty Intraday Update-I


J.R.Julius said...

Good Morning Everyone,
Magic Numbers for trading don’t exist,
but a trader who can follow the trend
using relevant numbers can do Magic.

Camarilla Keylevels - Nifty Spot
H4@5723 ↑
H3@5706 ↓
L3@5671 ↑
L4@5654 ↓

By watching Camarilla levels, You will start to Notice the Market in a new perspective. It is not a Holy Grail, But a Map.


Rules for the paper trader/Learner:
SL: 20pts ~ Partbooking: 1:1 ~ Remaining TSL using Trendline/ Moving Averages in Lower T/F.

CDG said...

dear Ilango,

5711 the 80% of last fall has resisted in the morning and still holding?

Sujatha said...

Sir - thank u very much. request you to post the "actual OHLC figure of nifty future" after EOD. tks n advance.

courtesy and thanks to - KPL-ji

Ilango said...

Weak below "5687"

divya thakor said...

can it be a triangle type correction ?
a,b,c,d done and e is on?

prakashbkc said...

Master thanx for reply,

Master , a request kindly include Pivot calculation data in ur TT Excel file it help alot me Also 21hr sma & 35hr sma in TT excel file.

anmpatel said...

when to confirm 4th complete and 5th started?
above 5711 or 5719?
how come u derived 5687?

divya thakor said...

or other possibilities
A is completed at 5669
corrective B is on as triangle correction?

prakashbkc said...


5687 is 10 am hr pivot?

J.R.Julius said...

Camarilla Update : Nifty Spot
personally I am in H3 aggressive sell with tight SL.
If Price touched 5714.5[Midpoint of H3&H3] then
consider scenario#2

Sujatha said...

Sir - do you think 5738 will take out today as per "EW' if so mkt should show 5795/5846 is this possible before expiry or month end closing? Any EW chance for this figures??

J.R.Julius said...

நேத்து மாதிரி ஒரு மந்திரத்த போடுங்கப்பா.
30நி கேண்டில் பாதகமா இருக்கு. பாக்கலாம்.

anmpatel said...

5687 is 80% of 5711 to 5681.

Ilango said...

It was suggested:

Till 5735, it could still be 5735.

4.c may have been done @ 5682, and the vth is on.

"5687" is 80% of last rise from 5682 to 5711.

Sujatha said...

Julius - will grind and give in the noon looks like "for our lunch" "velakkannai" kudicha mathri irukku :P :( (neenga kudichi irukeengala chinna vayasala?? yen patti romba strict.) yearly holidays vanthal pochu

Parimal said...

Today again BN taking the lead, Nifty should follow suit

Ilango said...

@ Sujatha,

I would know more details only "as the prices unfold".

Yes..there is a possibility of reaching 5800 on settlement day. But it has conditions of making a new high, the major 2nd/b wave ending within 10 hours, holding 5650, etc.

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00PM, Pivot-5698, S1-5662, R1-5730, ATP-5710, VWAP-5710

The PE writers are right now in control with 5700 level being the Pivot for the time being, Longs look safe right now…

Thanks & Regards

Ilango said...

Weak below "5698" from now.

80%-5719 reached.

Strength above 5719.

Yash and Dhan said...

@ Prakashbkc,
Just select the number of close values as your time frame using shift and arrow key and you will get the SMA right at the bottom of your excel sheet.
EG : you need 21 SMA :
Highlight the last close value. press shift and count 21 rows upwards you will get the avg right at the bottom. Hope that helps. Better than adding another column to the sheet.

Pattern Trading said...

probable First set of 5 wave done from 1808 for bajaj auto : Click here

STOCK4SURE said...

seems bulls will take control of nifty now after intraday

strong addition in 5700pe indicating strong support at 5700

some unwinding in 5700ce also is justified

but some unwinding in 5800ce and 5900ce is indicating bulls are knowing something that will be coming in later part of day as owise at this time of expiry and price near 5700 huge writing would have taken place at 5800ce

Navnnit said...

Stock4Sure / shriram,

Pt. 5th of WW in the making.. on NS/BN.. and 6th will be doe around 5630 / 11700 or so... Do u subscribe to this view.


J.R.Julius said...

Camarilla Update : Nity Spot
Personal trade H3[SELL] Stop hits.

H4@5723 ↑ can modify as [5726]
H3@5706 ↓ can modify as [5703]

Rules for the paper trader:
SL: 20pts ~ Partbooking: 1:1 ~ Remaining TSL using
Trendline/ Moving Averages in Lower T/F.

STOCK4SURE said...

an expanding triangle developing in ns 5 min 3 day charts
todays boundary T/L res and supp at 5755 or 5645

Tushar said...

Hello Sir,
As per your below comment , which scenario is currently working? Kinldy advice.
Thank you..
Ilango said...

@ prakashbkc,

There are two possibilities at work now:

A. If the correction continues with a complex 4.b, then Nifty could move higher to 5720-35 zone and retrace to 5665 or lower for the day.

B. Holding around 5675-85(incase of a fall now) in the next hour, it moves higher in its 5 th wave.

Tushar said...

I feel its a Scenario A in work.. so that is it fruitful to go short at 5730-35 with around 10 point SL(5745).? Kindly guide.
Thank you.

Sahil said...

Ilango Sir
61.8% retracement of 5971.2 to 5477 comes at 5782. 50 DSMA at 5773
And since this is EOW as tomm. is holiday WHEMA is at 5746 so +20/30 will fall at 5766-76 so can we consider 5766-82 to be one major resistance?
please guide.

Nilesh Patil said...

One New high brings -ve div. on hour.

Ilango said...

@ Tushar,

The pref. view is as per the chart posted in Pre-Market view that 5th wave unfolds presently.

Negation point would be 5705 presently.

80% of 5732 to 5669 has been crossed is another confirmation of 5th.

However, it could also be a flat.(5 could be relabelled as 3 though we take the most obvious looking one, the 5). If it is a flat, it will show weakness around 5730 zone.

vksoni said...

- ww in 5 min target 5670?

Tushar said...

Thank you very much Sir for your guidance.

STOCK4SURE said...


i guess ns now at 5727 may take supp near 5708 and then may move again towards 5735

Sujatha said...

Sir - thank u very much..sometimes irritating market..future giving me 5775/800 + 100 to 150 too .. better i hv 2 stay away sometimes

Julius - வேணாமப்பா வேணாம் இந்த" நாற்பத்தி ஏழு ஐம்பத்தி ஏழு நம்பரு" அது கரடிய நல்லா கவுக்கும் மேட்டரு ..hehe

shriram said...

GM Master & JN Family,

Res to note now St. MnEMA: 5743 & St.WkHi : 5753 , +,- 20pts filter

Lets c Oscill & OI clues there

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