Tuesday, April 30, 2013

Nifty Intraday Update-I



40 comments:

Ilango said...

1st Hour candle is a "Pin Bar".

Follow up price action to be monitored.

Abhi said...

Sir, below 5910, aggressive sell can be initiated ?

San said...

NIFTY Intraday update: CLICK HERE

shriram said...

GM Master & JN Family,

The Rounding Consol. / CnH on 30m t/f , has played out to tgts.

Bulls now need to take out 5960 NS convincingly to seek higher zones...

jay shah said...

gm dear sir , seniors and all friends of the blog

jay shah said...

dear sir and friends any system wherby we can trade for 20 to 30 points for intraday? would appreciate if i can be guided many thanks. i have tried many things with back testing but no good results so far

sometimesbullsometimesbear said...

Yes looks like getting sold off. Political issues more so. Also earnings season for most heavyweights done.

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, Pivot-5913, S1-5890, R1-5941, R2-5963, ATP-5951, VWAP-5951

The PE writers have more or less made 5800 the base for the time being, but unable to dislodge the 5900CE writers till now, fight on for supremacy at 5900 level…

Thanks & Regards

sudharsan said...

Good Morning Master And Friends
Pin bar--- http://www.forextraders.com/forex-technical-analysis/the-pin-bar-one-of-the-most-powerful-price-patterns.html

Sambhrama said...

dear sometimesbullsometimesbear....

At least now please do send the JNSAR backtested file to city56@rediffmail.com

STOCK4SURE said...

possible of a dip below 5923 and then another round of upmove

sandeep bhoite said...

@ MASTER

PIN BAR THERE ALSO in 15 Min Considering ORB Break 5940

sometimesbullsometimesbear said...

Sambhrama I am sorry I may not have got your message or email, and I post here in spurts and bursts so as not to disturb others, but I will surely do so. JNSAR is a very good system. The only requirement is you need to have total faith in the system and its creator. Thx.

Abhi said...

Sir, what is the new conservative trade ? Anything to be initiated till now ?

deepak pinto said...

Sir
As prices have dipped below hhema please could u update the TT.
Thanks

rama balaji said...

Mr.Sudharsan,
Thnx a lot, very useful

rajan said...

sir,11am update is requested.regards

HARISH TAHKKAR said...

5860 is 1st Higher Low of Bull Expiry Roll Over "C" 5916
Pains to Bear if EOD C > 5916 & holding above.
Poins to Bull if borken or when EOD "C" < 5860
Gains to trader if traded BO of 5860 or 5916

SJkolkata said...

Dear All,
As i have been repeating, please have a look at the addition in puts and subsequent price action.
Heavy weights are building long position in options in place of writing.
Regards

J.R.Julius said...
This comment has been removed by the author.
rochak parekh said...

Nifty Pre-Market View.
"5945-71", major resistances/ MHEma.
"5877-90", important support in ST(DHEma).
TT turned 95% green @ 2.00PM.
Just as 34 Hr sma has been supporting BN, 21 Hr sma has been supporting Nifty.
ST strength would continue above 21 HrSma.

J.R.Julius said...

@Rama Balaji Ji,
http://www.brameshtechanalysis.com/2013/02/pin-bar-powerful-price-action-setup/

Sahil said...

5880 is 80% and 5876 is day s1. 5878 price where gap up happened on 8th mar.

Sahil said...

5877 is yest. DHEMA

Raghavendra said...

@ Jay Shah,

My observations for intraday trading is to follow none other than Hourly JNSAR or Hourly J10 SAR.

I did back test the system and generates good profits on intraday basis.

Ground rules : Take position in the direction of Hr JNSAR or J10 SAR. If its green at the end of hour take your position with 20 pt stlp or the reverse.
Raise your stlp every hr in the direction of trade.

This would work as long as there is trending move during the day.

What doesnt work is huge intraday swings..and not able to capitalize on Gap ups and Gap downs.

Back test results :
Strike rate : 55% profits , 45% loss.
Approximately 1 trade per day. Max of 3 trades.
Approximately 15 pts per trade excluding brokerages.

Raghavendra

Badri said...

Supremecourt strongly questions Government on CBI and says govt must restore CBI independence. SC extremely unhappy with CBI acting as per POLITICAL MASTERS. BJP demands PM resignation. --Times Now.

Atharva said...

Gm to Master : Any clue for rebuying

Parimal said...

NS at the support level of 34hr sma

Amol Sharma said...

sudharsan said.....Pin bar--- http://www.forextraders.com/forex-technical-analysis/the-pin-bar-one-of-the-most-powerful-price-patterns.html April 30, 2013 at 11:01 AM
EXCELLENT link for this chart and timely done.

raghav setty said...

Hi all,

can anyone let me know what is JNSAR for Banknifty for tomorrow.

Thanks and regards,

Raghav

sandeep bhoite said...

@ MASTER

80% of Last Rise ( 5860 to 5959 ) done at 5880 so if 3rd complete at 5959 & 4th is on or 5th done & new ABC correction is on , how to understand is kindly guide which wave we should prefer to count

chetas said...

hr lema now at 5899.5 , 21hr sma 5895.25, lets see whether we close beloe 21hr sma for this hr

Abhi said...

Retrace of 5960 - 5880.
Shorts can be initiated close to 5910NS or break below 5888 NS again. 5910 is the 38% retrace.

rajan said...

SIR,TABLE update is requested.thanks and regards

suresh said...

sir ji,
please tell us the guidelines for STOP LOSS.
using ema/s or sma/s based on hourly or
5/2 mts.TT

Anand Kumar said...

DR Sir,
pl guide us in selling bank nifty
regards

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