Friday, April 12, 2013

Nifty Intraday Update-III



47 comments:

Pattern Trading said...

Jsw Steel flag breakout ...

shriram said...

--> back

Master,

Today's price action, if suppressed below 5540-60 zone, can it be a simple Bear Flag , opening up further lows..

May be if EOD close is < DLo, then this gains credence , sir ??



mynac said...

Bulls trying hard to stay above 5535..

Nilesh Patil said...

@mynac bhau,
Namaskar, Bulls ni kitihi prayatna kele tari tyanchya kasara S tai chya hatat aahe. ti tyna udalu det nahiye. :)

Sahil said...

Ilango sir,
if i join 9th Apr. high 5603.05 with 11th Apr. high 5610.6 and 10th Apr. low 5477 and 11th apr. low 5543
it looks like a symm. triangle.. breakout happened today

Sahil said...

this triangle can be seen on hourly

mynac said...

जसा आयुर्विम्याला पर्याय नाही तसच काहीस झालंय म्हणजे .:)

amber said...

mynac ji
is 5535 HVT

anmpatel said...

@master
5501-5544...80% is 5510 broken...and no weakness? can u explain me this. thanks in advance.

Nilesh Patil said...

@mynac bhau,
Nifty oi above 2cr in 2nd week @ month low nifty. How it can be read?

mynac said...

Dear amber,
There are just 4 HVt's today 3 of them @ the opening @ 5516.90,5519.45,5520.7 & one trade around 12'O clock @ 5536.95

Sahil said...

anmpatel
The last hourly close is above HLEMA which represents a sideways range and if i join todays highs and lows there is a wedge present on hourly charts. A breakout will confirm further moves.. (i am sorry i knw u are asking Ilango on this, bt i thought this might answer ur question.)

mynac said...

5535 has it's own importance from weekly and Monthly perspective.

anmpatel said...

weekly train aane ka time ho gaya hai dosto!!!

J.R.Julius said...

Camarilla Update : Nifty Spot
Exp.H3 [5539] as Contra!
Observe...

J.R.Julius said...

Camarilla Update : Nifty Spot
Exp.H3 [5539] as Contra!
5Mins PINBAR Alert.

mayur gala said...

Hey what do we mean by L1,H3,H4 n all ..I m a newbie I don't know abt u.. Would be gratefull if u cud xplain

SAM said...

SBI got reisted at 5wcma

shriram said...

Ilango ji,

bear flag theory in sync wid simple ABC done here ??

Ilango said...

@ Shriram,

"5544" - once broken, has acted as resistance thrice today.

Yes. It looks a bear flag.

chetas said...

shriram,

hardluck, many tries only silence from Master :))

chetas said...

Master and friends,

Todays the Nifty fall is mainly because of infy. Was there any cues in Tecnhicals of Infy yesterday, because it closed very string yesterday, hence asking

Tushar said...

Hello Shriram,
Bear flag on which timeframe ? Also can you please explain little about Simple ABC if time permits.

Thank you.

mynac said...

Dear shriram,
Will Bulls try hard enough to conquer 5544 first and then 5560-75 in last Hr.?

Jitendra Mishra said...

respected llango sirwhen we can consider this bear flag invalide

Swami Shivkumaar said...

@shriram, what is the confirmation point of this bear flag. will it be 5501 or the 5477. and what will be the negating point. Kindly suggest

ITradeForProfit Daily said...

Till now Bears have failed to press the Nifty decisively below the opening mark of today.

I will be cautious in trusting the Bears.

still 30 mins more to go.

shriram said...

Master : thank u:-)

@ Tushar: intra-day bole to 5mins, 30mins, take ur pic.. intra day price data
ABC is the notation to lable suspected "corrective"

Mynac rao :
Dev. Dlo @ 5520 .. & we have u-turned today on day TA (5DEMA basis)

Ata tumhich sanga :-)


Ilango said...

@ Jitendra Mishra,

Not breaking 5520 & moving past 5550.

Tushar said...

Shriramji Thank you. :)

Ilango said...

Read as Moving past "5540"(80%)

mynac said...

Law of averages la dharun kiman ekda tari Bulls ni ek jordar ghus fight karaycha prayatna kela pahije as atta tari vatatay...karan tyanchi itaki shala houn basliye ki tyannach sudharat nahiye..:)

Aneesh said...

5544 - 50 Week SMA

anmpatel said...

@mynacji
whenever nf come near 5545 OI increase and also when nifty reach at 5530 OI increase. can u explain this.
thanks.

Abhi said...

Sir, my conservative trade (bot @5541) got stopped today (brk below 5520 NS). Can I initiate long (closing may be above 5520 NS) again here ? Or better to wait for Monday morning ?

shriram said...

hahah..

Mynac:

I think Law of Avgs perfectly fits Tendlya..
When Age was on his side, Avg was high, now that he doesn't take clue from REALITY of Advancing years, the Avg is moving back to Mediocre levels

A realtime ex of law of Avgs ;-)

chetas said...

Nf avg closing approx at 5530

below wlema, but above hr and day lema.

Close above dev pivot 5523 levels and below eekly pivot aprox 5539

anmpatel said...

at last 5400PE covered 4lac...

Anandha said...

It looks nifty close between 5515 - 5228

chetas said...

ema c/o

Also in day charts, 50/100 ema c/o and 20/200 ema c/o in place

in week chart 10/20 ema c/o in place

Sma c/o

daily, 5,10 vs 200 and 50/100 sma c/o in place

weekly 10/20 c/o

Sujatha said...

Julius - am with "oru call" as the no. protects @ EOD..any thud sound if u heard on monday morning that's mine :(

anmpatel said...

@master
why did you removed small blue 'b'? is primary count change? and red c/(iii) in show now?
i am learning from your labels.

thanks.

Manish said...

NF premium of 7 turned to discount of 61.80 today.

IMO huge shorts added in last half an hour.

Further confirms to Master's Bear Flag....

Yuppie.

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