Wednesday, May 8, 2013

Nifty Intraday Update-III



27 comments:

shriram said...

Master,

How much more Upside is projected as per EW "v" lable ??



Parimal said...

a day of consolidation

Ilango said...

@ shriram,

Red "v" is almost done or could go higher upto 6080+

Green "v"-difficult presently but it must hold 6000 to stay in contention.

Adrian Jose said...

@ shriram Sir, Thank you very much for the prompt replay .

shriram said...

Thank u master :-)

Jay Mataji said...

@MASTER,

As per EOD with EW we are in wave 'B' ,so is this good time to sell with sl of 6112 as expect wave 'C' start??

Your Method is just sl 20 point but market is to near high so long trade is very denger.

DKG said...

Thanks Sir for...

Red "v" is almost done or could go higher upto 6080+

Green "v"-difficult presently but it must hold 6000 to stay in contention.

Ding A Dong said...

@shriram

felt our FTF and your "FILTER TRANSFER FUNCTION" is same so asked for clarification

vksoni said...

hanging man canlstick making in daily chart ?

deepak pinto said...

Sir
From morning 6060 6070 playing resistance
R1 6068
Now testing it.
Above 70 ++
Below 58 or current hhema 3pm ---

Ilango said...

@ Jay Mataji,

We have two scenarios at work as per EW:

A corrective rise for the 6339 to 4531 fall.

An impulsive upmove after a corrective fall from 6339 to 4531.

The direction in both cases are "UP" presently with "TT being green all over".

Any shorting should be done atleast after the prices closed below DHEma.(Few days back, when prices closed below DHEma, follow up down move did not happen because the week & mth trend were still trending up)

VK said...

Ilango ji,
if red 'v' th is done, then should not we see at least a 100 point correction?

shriram said...

@ Ding:

hahaha.. baba re, hass hass ke pet mein dard ho giya :-)

this is classic eg. of communication gap , good , mazaa aagaya !!

Bye all , hv a nice day.

suresh said...

can ns c 6080+
May 8, 2013 at 1:26 PM

Ilango said...

@ VK,

Red"V" is almost done or could go higher to 6080+.

Hence, it is not yet confirmed as "completed".

We need to see some "exhaustion signals" along with such a completion.

Below 6045, red "V" is completed but green "v" can still be in the reckoning.

chetas said...

avg close NS at 6064-65 range, Sensex at 19975-80 range ( not 20K)

suresh said...
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suresh said...
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vk said...

There are two bloggers in the name of vk, how do I change the name.

Anand Kumar said...

Thursday being trend changing day. Bored with green. Want RED.........

deepak pinto said...

Sir
Closed at days high and above open high.
Gap up tomorrow ?
Will it present opportunities for divergences in indicators to set right?

Anand Kumar said...

@Suresh
Closed @ 6,069.30

VK said...

Ilango ji,

6080 done. No exhaustion yet. So maybe we should buy with 6045 as stop for possible green "v"th?

suresh said...

Anand ji,
i did not mention about close, any where.
just said ns can c 6080 +
c meant cross

Anand Kumar said...

@Suresh
ok. I mean to say- having touched a high of 6083.55, closed at 6069.3 after market closing.

suresh said...

Anand ji,
it's ok

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