Monday, May 13, 2013

Nifty Intraday Update-II



56 comments:

J.R.Julius said...

Camarilla Update - Nifty Spot
Trade#1 Stopped out.

Scenario#3
L3@6078 ↑ can be modified as 6082+[pivot point]
L4@6062 ↓
Backtest Rules - 20pts SL - Partbook 1:1 - Remaining TSL using TL/MA

CDG said...

Knocking at 6056 (80%)

Ilango said...

"6069-73" is the immediate resistances.(50%-61.8% of 6088 to 6049 fall)

chetas said...

the top in 2010, was after a Small 1 or 2 hr session ( diwali) and the fall started thanks to LIC housing.

We had a small session yesterday , and a fraud report today at important resistance levels,

Time to be very cautious, imho

Renju S said...

IIango Ji,

What would be the next support if WK Pvt and 6000 (avg of todays SAR and developing SAR) breaks?

Can we say 5965?

Harpreet said...

GA! Illango Sir & blogmates,
A couple of months someone had posted a possible gartley in nifty, i am unable to locate it. can anyone send me the link if possible.

Regards.

Pattern Trading said...

http://tradeinniftyonly.blogspot.sg/2011/07/gartley-pattern-application-by-satheesh.html

Is this one you looking for

Renju S said...

5EMA - is it giving support to this down move?

Harpreet said...

@ pattern trading,
this was posted in 2011. i am looking for the post after jan 2013 high around 6111 level.

Sandeep Koppula said...

@Harpreet,
Skim through the posts in the last 4 days on this blog.

shriram said...

@ chetas,

1st time noticed the term "imho" on JN!
danger sign hein, hope no confusions from elsewhere ...

Z=A tgt are 6036 for NS, need to check OTM PE OI there for further ideas

Cu after sapaad, Bon Appetit!

shriram said...

And, if anyone's following LT from last week, can consider booking gains near St.WkEMA once (1516 spot).

satheesh said...

Namaste Ilango sir and all,

Harpreet my version of harmonic:

http://2.bp.blogspot.com/-gnsrVt7QZHA/UYncBAqC5nI/AAAAAAAACmM/5Fo_PUgqp-Q/s1600/8+MAY+NIFTY+MONTH+HARMONIC.png

Ding A Dong said...

@master

have you spotted the divergence in the chart?
is it valid and is it -ve div?

ltl confused

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 1:00PM, Pivot-6116, S1-6102, S2-6085, S3-6071, ATP-6079, VWAP-6079

6200CE writers have have made a killing and now looks like a huge resistance for the series, with intra resistance developing around 6100, still the PE writers holding on…

Thanks & Regards

Ilango said...

Use the "Search this Blog" box to find "any posted materials".

cooldent said...

http://www.thehindu.com/multimedia/dynamic/01325/Line_of_Control_1325940g.jpg

Madhav said...

@Harpreet
This is could be the one you looking for
http://tradeinniftyonly.blogspot.in/2013/01/niftys-weakness-persists-with-second.html

Renju S said...

ATR targets anyone pls?

Saurabh said...

market is today start of correction, or atleast we see midweek level of 6100 near about. pls guide.

Harpreet said...

Master,
already searched, i guess it was in some NIU-III, unable to locate.
@ Satheesh,
nice that u are around, can u re work on the orange line for completion of D on Saturday. Time wise the extension would make the pattern more reliable, would try to break it down to day candle to confirm the completion.

Regards

D.S.SASAN said...

Renju S : Please see www.niftyrange.in

bb said...

Ilango,
What is the technical reason behind such a huge fall today?

J.R.Julius said...

Camarilla Update - Nifty Spot
Trade#1 Stopped out.
Trade#2 Partbook Reached@6042 remaining TSL

Renju S said...

@DSS

Thanks..from morning i guess the site was down.

Harpreet said...

Thanks a ton Madhav,
was looking for this post only as it would reduce the work for my lazy bones.

STOCK4SURE said...

6025 is broadening pattern lower T/L support
can expect a bounce from 6018-25 range

Ilango said...

@ bb ,

Nifty has dodged many Hourly divergences above 5925 till 6115.

But, now, it is joined by a daily -ve divergence in 9 day rsi.

This is the possible technical reason.

Andrastyle said...

Bank Of India Q4 PAT Rs.757cr vs Rs.953cr yoy

bb said...

Thanks for a quick reply.

Sukuoo said...

Bearish Gartley Pattern Explanation
Wednesday, January 9, 2013

chetas said...

NF below weekly POC 6058 and also pivot

now NF near weekly VAL 6017

STOCK4SURE said...

a small +ww developing in ns 2 min charts

trgt 6064 near 2.30pm

prakashbkc said...

GA Master,

Still buy on dip strategy prevail or one should wait eod as two day low already broken?

satheesh said...

Harpreet,

I have worked it out in week charts. I shall post it by EOD.

Atharva said...

Harpreetji it is on wednesday Jan 9 2013

rajapvt said...

SAR is triggered @6067/6071. One can short on pullback towards 12/34 EMA (6068/6071) and wait for a SAR long to trigger. Prices are on NF and not NS.

Ilango said...

@ prakashbkc ,

Following the prices mean: Paying heed & respecting the new signals. The weightage to each signal comes from both from TA analysis & from the T/F they emerge.

Atharva said...

http://3.bp.blogspot.com/-0LMOFj6fC-k/UO1D64BM0fI/AAAAAAAAs-g/JIwXjvkG00g/s1600/3.PNG

Ilango said...

At DLEma-6007.

bb said...

No support is working almost 100 points down in Nifty

Ashutosh Agarwal said...

sir we need to also consider that dollar index is at 83.23.

prakashbkc said...

STOCK4SURE said...
a small +ww developing in ns 2 min charts

trgt 6064 near 2.30pm
May 13, 2013 at 1:38 PM

Sir,

Is this still valid or its invalid point?

Anand Kumar said...

Sir,
day jnsar has hit. can we go for short.
regards

prakashbkc said...

thanx master for reply

divya thakor said...

sir jnsar also triggered?

shriram said...

--> back

Master,

Is it Prudent to consider Trend bend ?

divya thakor said...

or wait for today's jnsar

Atharva said...

Bearish Gartley Pattern Explanation:
In the chart attached point X is at 6335.9, point A is at 4531.15 and in wave AB with point B at 5629.95, we retraced exactly 61.8% of wave XA, red font fib level in the chart.
In next wave down BC with C point at 4770.35 we retraced almost 78.6% of wave AB, blue font fib level in the chart.
And now while we are retracing the move of BC we already retraced 127.2% at 5863.76 so now possible target is 161.8% retracement which comes to 6161 Nifty Spot value, green font fib level in the chart. but again as wave CD can retrace 88.6% of wave XA so Nifty still can reverse from 6130 as well.
Target: The target would be 127.2% retrace of DA from point D. So if D is at 6161 target would be approximately 4040.
Validity: The pattern is invalid above point X which is at 6335.9.
Thanking you,
Debdeep Singha, Kolkata.

Abhi said...

Day JNSAR @5991. Sir wrote this on the chart.

Renju S said...

@Anand

Day JNSAR is @5991...what you are talking about is the developing JNSAR.

Its your choice on how to enter either using Day JNSAR or Dev. JNSAR.

mynac said...

Afternoon Everybody...
In-spite of fall up to 6000,there is no reduction in 6000 PE O.I.

STOCK4SURE said...

the correction may not be more than 130 pts

6114-130=5984

Ilango said...

New Post Done.

Renju S said...

IIango Ji,

If Nifty closes today at a level where it is below 5EMA, DHEMA, DLEMA and tomm.JNSAR...what are the possiblities of a Whipsaw trade

Thanks,
Renju.S

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