Thursday, April 25, 2013

Nifty Intraday Update-II



53 comments:

shriram said...

G.Afty master & JN Family,

Smelling a Super Bullish expiry, can Nifty show 6K ??

... lets c :-)

vksoni said...

Friends today
is expiry and lets have a contest here.
Aprail nifty expiry guessing contest.
The rules are simple- There are only 3.
a) Just call out the series close for aprail
b) No wild guess. A reason is must. Everyboday must give a expected close figure and reason for that.
no range (4000-4050) ,only one figure e.g.4000
c) You need to do it After 9.15 today and before 2.30.
Seniors plz contribute.

CDG said...

@Shriram,
Nice wish.. But it seems the resistance is heavy around 5930-5955 (MHEMA)

Parimal said...

Sir
i have exited longs. what could be the re-entry level considering OB situation in day charts and vth wave completion!
thanks

Indus said...

@Sriram

What happened to your "shani bhagwan"????(MHEMA!!!!!!! LOL

Parimal said...

Tata Steel may complete vth up on hrly chart

Ilango said...

@ Parimal,

Consolidations during the rise from 5477 have been of 107, 62, 53 points.

Next consolidation could be more than 62 points from the highs. Re-enter accordingly.

shriram said...

Hi CDG,

Expiry ke din... will Day's high be bound by technicals ?? No definite answer, just a view based on OI build up & a wish too, ek baari 6000 NS dikha do bas :-)

@ Indus: Shani Maharaj is Cl.EMA, though HiEMA shud RESIST no doubt !

Lets say, the prayer is he can shower some blessing on low price CEs actually ... ;-)

Parimal said...

Thanks Dear Sir for the kind guidance
that comes near to 21hrsma

STOCK4SURE said...

@ Shriram
huge addition in 6000ce at 0.05

near 31lakhs intraday

at such small amount writers will not be getting any benefit

is it buying by strong hands???

also strong addition in 5900pe of may series

vksoni said...

2 hours left fr contest closing.hurry up who know you could be winner

shriram said...

@ S4s :

Vallah! Now u better make it come true ;-D

TRADINGTAMILAN said...

My expiry guess is 5945
Just around month hema

prakashbkc said...

Master,

If every hr new high is making then talking of consolidation is now premature?

Ilango said...

Weak below rises to "5896".

@ R3.5910.

Parimal said...

STOCK4SURE
thanks, May series OTM calls are stagnant, can you kindly give any reasons please, thanks

deepak pinto said...

Sir
Is a small running correction done in 2min chart

prakashbkc said...

Weak below rises to "5896".
Master, unable to understand Is it weak below 5896 ?

STOCK4SURE said...

5892 is some good suoort
may bounce again towards 5922
cmp 5893

Ilango said...

@ prakashbkc,

I have been giving "weak below" number since morning, if you have been following it.

And that number has been modified to a higher number. And the same number is revised again to another higher number - hence, weak below rises to "5896".

STOCK4SURE said...

option prem eating exercise is on

during LUNCH time

are writing 5900pe at every small dip
intraday addn of 50+ lakhs

Ilango said...

@ The_Unprejudiced_Observer,

vth Done? Yes...

Follow the retrace of 5792 to 5910 for more clues.

Vivek said...

Vix is hitting lows and market is getting down?

Anandha said...

Nifty this month series may close at around 5860.

vksoni said...

@Anandha ,
please give reason

prakashbkc said...

Master how u identify weak below 5896?

STOCK4SURE said...

5881 is 55ema in 5 min charts

Ilango said...

@ prakashbkc,

@ 12.14PM, Nifty made a low of 5895.75 and rose in 5 waves completing the (v)th of vth.

If not sub-dividing further, it would be weak below 5896; and it reached even the last target for the day: R3 @ 5910.

deepak pinto said...

Sir
Is 5th of some degree done at 5909 as it was retraced in 50 percent of the time .
If true then as condition overbought at day tf
Correction expected and 5900 should not be seen intraday.

The_Unprejudiced_Observer said...

Thanks Ilango ji
5882 23.6%
5865 38.2%
5851 50% near today's open
5837 61.8%

Kiran said...

@ vksoni,

My expiry guess.
Closing 5865
Around 100-DMA

suresh said...

expiry close expected @5856:
higher tf average

SJkolkata said...

my expiry guess 5836 being the value average trade rate of 5800calls.

Ilango said...

@ deepak pinto,

One should not get carried away by these 2-min chart labeling.(Or even Hour charts). Prices could retrace the last rise by 38%-50% and can resume too.

An obvious looking wave completion identified @ a resistance point and prices are being followed.

2.00PM close to be watched for the next confirmation.

TT is still in green.

SJkolkata said...

Just to share observation.
High volume purchase seen in 5900PE from Rs 13.91 to 15.08 with huge unwinding.
Can be kept in mind as caution for longs.

prakashbkc said...

Thsnx Master for reply

Such minute wave following is unimaginable
hats off to u Master.

krishna varma said...

Dear Sanjay Sir

Your views on market expiry time?

Thanks!

vksoni said...

@anandha
request you to pls give reason so i can take your entry

vksoni said...

all contriutores pls check your entry here
https://docs.google.com/spreadsheet/ccc?key=0AiuEr0q3LMk2dDV4RmRQa1RqWk0wQUpvYWcxNjEzWmc&usp=sharing

vikas said...

My expiry guess 5940

SJkolkata said...

Dear All,
2nd observation sharing cause its in sync with Masters view.
Reverse of last series seen in May series. Good buying of 5900 and 5800puts observed with increase in OI.
Can be studied with this view in mind as the series progresses.

suresh said...

sir ji,
if index > w-hema & > m-hema :
what could be the possible next tgt/s.

deepak pinto said...

Sir
I stand for correction.
May be better to say crrection on intraday.
As tt is green
Thanks

vksoni said...

vikas pls give reason

vikas said...

Nifty has got the best chance to touch 6week high today.

mmarketman said...

Expiry @ 5850/5865....50% retrace and intra LEMA

shriram said...

@ Vksoni,

pl accept my expiry close view for NS @ 5950

Reason : MnHi may try to stabilize before EOM & hope that Bulls can overpower bears @ 59strike

mmarketman said...

Condition...curent close must be below HHEMA

vksoni said...

mmarketman
pls give one figure

Chirayu Shah said...

closing @ 5840...developing 21 hour sma.

krishna varma said...

Expiry will be @ 5880...Based on OI

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