Monday, April 15, 2013

Nifty Intraday Update-II



36 comments:

J.R.Julius said...

Camarilla Update : Nifty Spot : As Positional

The L3 BUY@5515 could be hold as positional
if price close above H4 with personal risks.
A day when L4 not taken after 15mins from
open and L3 BUY gave good movements above H4
is probably an indication of Reversal. Below H3
Weak. Do your own studies.

rajan said...
This comment has been removed by the author.
Sahil said...

Sir Ravinder Jadeja has just opened his demat A/c and is ready to buy Nifty above 5573 :P

shriram said...

so the ABC is out, time to think ZZ now

Optimal tgt for C = 5500 +133 = 5633

shriram said...

needs to close EOD > 5557 , for this view tho..

J.R.Julius said...

@Mr.Shriram,
H4@5556 (+1) :D

shriram said...

@ JRJ:

Just reinforces the faith, all paths lead to one God :-)

J.R.Julius said...

Yes Shriramji. I trust the same. :)

Ilango said...

(v)th of the upmove from day's low unfolding.

Likely to end around 5575-80 and correct either 38% or....

Unknown said...

In bear markets, surpises come to downside

STOCK4SURE said...

higher high and higher low seems to be order of the day

3.30pm will be resistance

sandeep bhoite said...

@master,
5575-80 -- its above Jnsar.

Would you recommend filter for JNSAR.?
5573+20= 5593.



anmpatel said...

@master
can we take yesterday's jnsar for stop n reverse when higher t/f in down trend?
thanks.

STOCK4SURE said...

reliance may post its result tomorrow after markets closing

may post better than expected result as GRM may improve considerably also petrochemical products had seen all time high prices last qtr
my guess:on wednesday nifty may take clue from it and open with a gapup abv res of 5611ns(or sujata mam 5616ns)

Sujatha said...

Julius - azhagendra sollukku "Muruga" that's excellent photo.."appavukke ubadesam pannavar" "chinnakuzhandai sevadi potri" 5572-5544 gap cemented?? pocketed something..as this is impt. no. 5605 can do anything upto 5649/665 or else "damal down" :P :( better to be bit safe side

Parimal said...

on hrly charts SBI makes double top, RIL makes triple top

Ilango said...

@ sandeep bhoite,

Aggressive trader(Intraday) would have gone long above 5523(D.Pivot) or 5537(W.Pivot).

Conservative trader would have gone long either above 5544 or 5550.

JNSAR trader must follow their own set of rules which is familiar to them.

If you're proficient in EW, you may want to wait out till 5580-85.

Thse EW readings of 2-min charts are quite challenging and could fail when waves start to sub-divide.

J.R.Julius said...

@Sujatha,
Yes. From all pics I like that so much.
Happy about ur trade. Good One.
Me partbooked hold 1/2 for tomorrow with
EOD TSL.

J.R.Julius said...

Camarilla Update : Nifty Spot
Reached H5. Bye All.

Sujatha said...

Nifty future - 5618 is the main "key" below is -ve above will give some more short covering.. target not yet worked out...waiting for 618

Sujatha said...

Oops..Nifty future /5618/23 this 623 is impt. it's looks like profit booking area (if it comes) holding will give another +50 pnts short covering better to be TSL..one fast long jump pending??

NiftySaR said...

Ns heading for 5645 as per:
SaR Lvls (D.Pvt+Fib), use 15m.STOC to confirm:
5407 < 5473 < 5526 > 5579 > 5645
NS @ 5586.7 , at 13:20:39

Anandha said...

Short term trend reversal will be confirmed today if closes above 5610.The way trend indicator is aligned in the charts, Nifty may see 5760 levels in coming days.

mynac said...

Afternoon Everybody

NiftySaR said...

As 15m.STOC is overbought state, hence Nifty is reversING from 5579 towards 5526,

shriram said...

--> back

Master,

Can 5th do a wave extn here holding 5557 (St.5DEMA) ?

5544+1.618x (5568-5507) pts = ruffly 5640 ? is this a possible forecast


Ilango said...

@ shriram,

(v)th of vth has already done an extension. Hence, correction should be on. (If there's going to be an irregular correction, another high is possible.)

anmpatel said...

@mynac

wellcome

kuch zakkas laye ho?

shriram said...

Tks ilango ji,

or can it be that (iii)rd has done 5506-5593

or, have we finished an IRREGULAR FLAT from 5478 ??

What fits the Structural form, sir, from 5478 ??

mynac said...

Dear anm,
ise Zhakas to nahi kaha sakate lekin...very frankly to say so that in down trending market when,NF O.I.is rising with rising DHEMA and precariously try to stay above JNSAR....would not be too good sign to accept...for any sharp up move...Let us see..

Ilango said...

@ shriram,

There is a possibility that an "abc" has been completed @ 5477 from 6112. Prices are yet to clear the channel resistance.

The downtrend is intact till Nifty closes above 5555 this "Thursday"

Hnce, 5544-55 would be crucial.(5539-50 are 61.8%-50%)

mynac said...

For any up move nifty needs consolidation in present range...i.e.5477-5600 for another 4-5 days is observation....and 5500 PE O.I./addition would guide for the same...Let us see..

The_Unprejudiced_Observer said...
This comment has been removed by the author.
shriram said...

Thank u master,

Both nos. also happen to be 34EMA,30m & St.5DEMA

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