Monday, May 6, 2013

Nifty Intraday Update-I



33 comments:

Parimal said...

Hi BB
metals are melting all over. NMDC included in Nifty and lost 10% since and still losing.
it can be sell on rise for Tata Steel.

STOCK4SURE said...

a small +WW developing in 2 min charts
may trgt 5964 near 11.20am

Badri said...
This comment has been removed by the author.
Badri said...

COBRAPOST new expose on Money Laundering. OBC, SBI, PNB, BOB, CANBK among other PSU banks involved --ETNow

Anandha said...

CNX IT, CNX Metals looks bullish for short term. May 3 to 5% from yesterdays close. BankNifty & CNX Finance looks short term bearish.

STOCK4SURE said...

5964 nearly done but much earlier

now ns may trgt 5972 near 11.20am

Anandha said...

TATASTEEL target 327 in may Futures

STOCK4SURE said...

WW patterns indicating probable ns may move up towards 5972 near 11.20am(pt6 of a +WW) and then may dip towards 5925ns intraday to form pt5 of a larger +ww for trgt near 6005-6024 till tomorrow

Amol Sharma said...

5956 looks resisting for now.

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, Pivot-5964, S1-5922, R1-5990, ATP-5951, VWAP-5951

Its evenly distributed at 5900 level, with no party having clear majority, seems like a range bound day if stays within 5925-5974 NF…

Thanks & Regards

The_Unprejudiced_Observer said...

At 5965: PT 5 of ww as indicated by S4S
Also will be 5th wave from 5931

shriram said...

GM Master & JN family,

Intra Bull Flag forming..

If NS can scale 5965, Bulls may target 5980 /95

Keep eyes on OTM CE / PE today...

Dinesh Rishi said...

Good Morning Master and copy to All

shriram said...

@ Eidiot Wave:

the biggest mistake literally, is in the NAME ;-)

vksoni said...

Good morning Dr sir..

mmarketman said...

@ S4S,
will you show me you WW pattern chart on which you commmented ...plzz

STOCK4SURE said...

5970.XX

WAS expecting ns to test 5972 near 11.20

nearly did it
now expecting a dip towards 5927-22 range

SJkolkata said...

S4S,
always bang on.....

shriram said...

@ Eidiot :

tats ur personal choice & preference. Its the human thats the idiot, not the stock-market or the EW model. Ur name suggests ridicule towards EW.

Since u claim to be learning EW,
Y not change the name to something wholesome / role-model / inspiring for other EW aspirants ?

SANPOT said...

Good Morning Ilango Sir and Blogmates.

Dinesh Rishi said...

Image of the day

http://www.wildwoodcircle.com/wp-content/uploads/2012/08/pagan-funny-know-how-use-broom.jpg

STOCK4SURE said...

5976 ns is res of T/L joining 6019 and 6000

my sl for larger +WW pattern is abv 5989ns

Ding A Dong said...

Greetings Master and Friends,

wish you all a happy trading ahead

Ding A Dong said...

dear $4$

i am you fan & also AC hahhahahah

nice one again

J.R.Julius said...

Camarilla Update - Nifty Spot
Scenario#2
H4@5983 ↑
H3@5963 ↓
Backtest Rules - 20pts SL - Partbook 1:1 - Remaining TSL using TL/MA

shriram said...

Master,

to simple eyes, if DHiEMA holds, we shud see 90 pts up to 6050-70 range in next 2-3 days vide a Bull Flag , classic TA...

Does EW corroborate, this possibility ?

vksoni said...

ilngo sir b completed?

Ding A Dong said...

based on the price action...

if it holding 5972
we may see
6000
6016
6044
6116

Ding A Dong said...

can any one guide me with the values of weekly and monthly channel tops?

thanks

Abhi said...

Intra shorts can be initiated below day pivot - 5958 (which is also 38% retrace of the rise 5928-5976) keeping day's high as SL Or it can be initiated @5986-5990 keeping 6002 as Sl, which is the previous high.

Ilango said...

@ shriram,

A channel break & a move back into it could be re-labelled as some (v)th wave possibility, provided the rising 34Hr sma is held.

But if you take BN & other leading stocks' behaviour into a/c, a correction is on - Sell on rises....and buy on dips.

Ilango said...

New Post Done.

Post a Comment