Tuesday, July 16, 2013

Nifty Intraday Update-I


60 comments:

Ilango said...

@ Iris,

Buy on dips

Sell on rises, etc are based on prices closing above/ below DHEma or DLEma.

Jay Mataji said...

@DR Ji,

Ye Kya hua,kaise hua,kyo hua,ye to socho,

Ilango said...

Please do not post your blog links here.

Amol Sharma said...

Alll in all if 6038 proved resistance then staying below this bearish.
have to keep selling below this that's all.

Ding A Dong said...

I am Planning to Stick more to my Intraday Plan till market gets in to a trending mode with less Opening Gaps, playing positional with 25% of regular quantity. As told earlier my Positional reverse is fixed at 5904.
As commented last day nifty is seeing the pull back.

Hello Friends,
My Nifty Intraday Trade Plan @ Jul 16, 2013

VWAP / LTP @ 09:30 - 5924.75

Buy @ or Above – 5969
Buying Stop Loss – 5948
Buy Target 1 – 5984
Buy Target 2 – 6003
Buy Target 3 – 6023
Buy Target 4 – 6042
Buy Target 5 – 6062

NO TRADE ZONE – 5929 to 5968

Sell @ or Bellow – 5928
Selling Stop Loss – 5948
Sell Target 1 – 5913
Sell Target 2 – 5894
Sell Target 3 – 5874
Sell Target 4 – 5855
Sell Target 5 – 5836

Buying with up trend and selling with down trend at 2min chart.
Entry is based on next 2min candle close above/bellow the entry price.
Trading with even lots as 1 half is for Partial Booking & Trailing Stop for rest.
Closing the trades based on Targets, SL or EOD, which ever comes first.
Options trading based on above table is subjective.
Nifty Spot Values & No Fresh Trade after 3 PM.

Wish you all a good trading!!

Ding A Dong said...

Srinivasan Krishnamoorthy said...
who gets benefited by the preopen

Mostly the Market makers and Option Writers are benefited.

Sonu said...

Sir,
5959-5974 is 38.2% & 50% of last fall.
Does it change your conclusion?

=====

Ilango said...
@ Sujatha,

After making another low around 5900(5893 is 61.8% retrace of the last rise from 5803 to 6038), a corrective rise should emerge after which a major fall.

Present corrective rise should find res. @ 5959-74(50% to 61.8% of the last fall from 6036 to 5911), also the critical "5970".

Only a sustained prices above 5970 would bring back bullishness.

Ding A Dong said...

sir Sanjay, pattern & few others are posting the links why not me? please specify.

Sujatha said...

Jay mata - Ye Kya hua,kaise hua, - acha hua, sun.. suna...Nifty ke khel

Ding A Dong said...

Even my ideas are for free sir. more over its very simple and to the point.

Ilango said...

Only few readers have been permitted by me to produce their links to show their charts & tables.

Ding A Dong said...

Thanks for the release sir.

Ilango said...

I repeat:

If I see any comments violating the principles of "education" but promotes "calls being given & followed up", I'll not accept their presence here.

Throw away your emotional outbursts and participate as sensible contributors.

Sujatha, being the only exception, is allowed her intuitive observations.

Ilango said...

@ Sonu,

Which conclusion ?

Jay Mataji said...

@Suj Sis,,


What's your heart/eye says,

Is this Wave-3rd or Wave-2 pending.

or wait for 3rd(ii),

NK said...

Looks like pre-market support of 5949-52 is becoming a resistance.

Sonu said...

Sir,
Conclusion: that the nifty should face resistance at 5959-74 (50%~61.8%)

But 5959-74 is (38.2%~50%)

I am trying to apply fib in my trades. I wanted to know if the resistance will be at 38.2%~50% or 50%~61.8%

Since you mentioned:
===================
Present corrective rise should find res. @ 5959-74(50% to 61.8% of the last fall from 6036 to 5911), also the critical "5970".

Sujatha said...

sonu - that's around 61.8% fibo level too from the low with some points difference week HEMA/DHEMA around there..

Julius - சொல்ல முடியாதுப்பா எதுக்கும் இருக்கட்டுமேன்னு ஒரு கால வாங்கிட்டேன் 5975 அப்புறம் பிச்சிகிட்டு போச்சுன்னா ஆறாயிரத்து75
76 பர்ஸ்செண்ட் இருக்கில்ல பார்க்கலர்ம் பியுச்சர் 66/81 வரும் வந்தா பார்க்கலாம் எப்படி ரியாக்ட் பண்ணறதுன்னு

sir - that's good decision.. if at all i posted link or chart.. hehe..not able to imagine my "classmates" position

sandeep said...

gm master dr ji , julius sir n all

cooldent said...

Julius

Extended cam levels?

Ilango said...

I posted this following comment yesterday while seeing the 2 day's 5 min chart and mistook BN's low as 11589. Next minute I noticed the day's low as 11622, I removed the comment.

Nevertheless, the message remains valid that smart trader could make good intraday money by trading the supports & resistances.

-------------------------------------------------------------------------

Ilango
3:10 PM (19 hours ago)

to me
Ilango has left a new comment on your post "Nifty Intraday Update-III":

Stock Wealth

Monday, July 15, 2013

BN, holding above 11590, poised to move towards 11940-965 during this week.

Author: Ilango | Posted at: 7:05 AM |

Intraday res given @ 11760-805.
---------------------------------------------------------------

Low: 11589.

High: 11790.

Smart trader gains with supports & resistances.



Posted by Ilango to Just Nifty at July 15, 2013 at 3:10 PM

Guru - Trading Nirvana said...

Resistance:

Weekly (VAH)5948...12/7/13 5952(VAL) and 11/7/13 5954(VAH)is acting as good resistance till now...
==================================================
Supports:
5924(VAL) for 11/7 and next Major Weekly (POC)comes at 5867
==============================================
Above resistance--- (POC) for 12th is 5964 and VAH is 5990

Jay Mataji said...

In a SBI Daily Chart,

It is on 3rd wave

Jay Mataji said...

@Shriram ji,

Mujhe aap ka hanuman bana lo,aur mujhe short count me help karo,me aap ko sita ji ko dhundhne me help karunga

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, Pivot-6021, S1-5996, S2-5960, S3-5900, ATP-5938, VWAP-5938

A 100 points gap-down has changed the complexion of the Option Table, with the CE writers grabbing the opportunity to add huge at 5900-6000 level, upside for the day is capped…

Thanks & Regards

Manish said...

Goodmorning master and all friends,

Ilango said...
@ shriram,

If we count the "C" having "abc sub-waves", then the top has been made for this corrective rise;

If we count the "C" having "12345 sub-waves", then the top will be made after the completion of the current "iv"th wave.

Technicals are overbought in Hour TA with some showing -ve div.

It would be confirmed if prices break 5954 & 5935 decisively.

Pattern Trading said...

Alert grasim is flirting with risky levels...and have to take huge loss if it goes wrong. . Below yesterdays low crash ....

Pattern Trading said...

Grasim in dangerous situation below yesterdays low

gauresh59 said...

Namasthe ilango sir and friends,

Today’s quote received :

At the right time,
A kind word from a friend,
Or encouragement from a teacher,
Can make all the difference in the wold.

Such kindness is free….., but it is priceless.

J.R.Julius said...

@Sujatha,
பொசிசன புடிச்சிட்டு வேற வேலைய பாக்கலாம்னா, இந்த இன்ட்ராடே நம்மள விடாதுபோல.

பாருங்க பாஸ், சார் உங்கள மட்டும்தான் லேவல்ஸ் சொல்ல அலோ பண்ணுவாங்களாம் அப்ப நம்ம கேமரில்லா கடைய மூடிரனுமோ?

Ding A Dong said...

Protective Call strategy by EOD may be a good option.

Sujatha said...

Sir - thanks for the "exception" by the way it's nothing but giving weightage to the "lead indicator" along with my nos.. how it's moving.
will be careful in future.

Julius -aaaaaaaa... ippathan parthen..sarukku oru kumbudu pottuttu varen. 6044-5918 = 126 pnts down in future..u people want more?? konjam mela vidungappa..price amukki vasikaratha partha gudhara V.K. ramasamy dha, illa "m. a. m. ramasamy"dhannu theriya pogudhu.. indha speed- la naan yenga irupeno?? already wind blows stronger i can't stand properly..that much weight hehe:D

shriram said...

@ Jay Mataji :

??

We r trading < 5DEMA & Wk will turn down if we go below 5899

(Day candle support zone also is thereabouts)

Wot else?

Jay Mataji said...

JnSar Still 5875,no sell signal yet,

Kya karu ????

shriram said...

@ Jay:

If JNSAR player, pl keep focus on JNSAR..

If CAM player, pl focus on CAM

if EMA / OI / Oscill / Pattern player then look @ Hi-LOEMAs only

All of Sudden, Auto ki body mein truck ka engine ghusaoge, to kya hoga? :-)

Prithvi Chidambaram said...

Loji maine to aapna profile badal diya,

ab to master aur shriram ko nahi chhodunga.

Jay Ho

thanks for update chart

Ding A Dong said...

Its a very good strategy as we all keep min 20 points as stop-loss but once the SL is triggered you are out of the deal and market may take shape after hurting your pockets but here you stand a solid change till last min of the contract.
just a jerk to bad luck hahahhahaha

22 Point Max loss but Unlimited Profit Potential
with a Break-even of 5868 as 5868 is good turning point for nifty.


NIFTY PROTECTIVE CALL EOD DATA

BUY 5900 CALL For Rs.154
SELL NIFTY Future For 6030

Nifty Spot Price 5940
Look Up Range 300

P&L @ Expiry
Nifty @ 5640 11800
Nifty @ 5652 11200
Nifty @ 5664 10600
Nifty @ 5676 10000
Nifty @ 5688 9400
Nifty @ 5700 8800
Nifty @ 5712 8200
Nifty @ 5724 7600
Nifty @ 5736 7000
Nifty @ 5748 6400
Nifty @ 5760 5800
Nifty @ 5772 5200
Nifty @ 5784 4600
Nifty @ 5796 4000
Nifty @ 5808 3400
Nifty @ 5820 2800
Nifty @ 5832 2200
Nifty @ 5844 1600
Nifty @ 5856 1000
Nifty @ 5868 400
Nifty @ 5880 -200
Nifty @ 5892 -800
Nifty @ 5904 -1200
Nifty @ 5916 -1200
Nifty @ 5928 -1200
Nifty @ 5940 -1200
Nifty @ 5952 -1200
Nifty @ 5964 -1200
Nifty @ 5976 -1200
Nifty @ 5988 -1200
Nifty @ 6000 -1200
Nifty @ 6012 -1200
Nifty @ 6024 -1200
Nifty @ 6036 -1200
Nifty @ 6048 -1200
Nifty @ 6060 -1200
Nifty @ 6072 -1200
Nifty @ 6084 -1200
Nifty @ 6096 -1200
Nifty @ 6108 -1200
Nifty @ 6120 -1200
Nifty @ 6132 -1200
Nifty @ 6144 -1200
Nifty @ 6156 -1200
Nifty @ 6168 -1200
Nifty @ 6180 -1200
Nifty @ 6192 -1200
Nifty @ 6204 -1200
Nifty @ 6216 -1200
Nifty @ 6228 -1200
Nifty @ 6240 -1200

Ding A Dong said...

please do read it as-
24 Point Max loss but Unlimited Profit Potential
with a Break-even of 5868 as 5868 is good turning point for nifty.

Renju S said...

Auto ki body mein truck ka engine ghusaoge, to kya hoga ..

Good One indeed.

Sujatha said...
This comment has been removed by the author.
shriram said...

below St.WKEMA @ 5899,

5859-60 NS zone also is the St.MnEMA, booking shorts there looks a good bet..

Can try casino man role there, fall may slow down & series will be nearing end

BN is trading < ZZ channel & definitely out of the LT Channel as of now (@ 11,420 spot) ... recipe for lower lows ?

Ding A Dong said...

hello madam,

its NOT a call Its STUDY based on EOD data to show how Protective Put works.

now 5900 CE not at 154 nor nifty is @ 6030

mayank jain said...

@ Ding a Dong

that is equivalent to buying a 5900pe which was trading at 27 when nifty was trading around 6030s..

Regards

Ding A Dong said...

all you explain is possibilities but a strategy is some thing to safe guard your money when market behaves in reverse directions.

all can not get the directions very right as professionals.

shriram said...

@ Ding:

Strat is good no doubt.

Only thing is we discuss the TA here, rather than Trade Instrument performance.

Better take Ilango's permission to post ur Trade Instrument obsvs...

Its a good trade no doubt, what u've suggested here, pl take Master's permission to post.

Sujatha said...

ding dong - OK.. let sir decide..i donno anything about "options"... sorry. especially EOD Figures/ option data etc., it's not my cup of tea.. go ahead

Trader Junkie said...

Ding A Dong - Do you not understand what is once said to you ?

You might be thinking you are sharing ideas, but from your posts you seem to be in a very early stage of this game. If any new readers follow your ideas and lose money - who is responsible ?

Please understand what is going on here, and seek to 1st learn

RainMaker said...

gm all !

Belated congrats ! to JN family on completing five successful years of learning and earning.


Prithvi Chidambaram said...

In a 2min chart may be we r in 3rd

Ding A Dong said...

@mayank jain

true as there is less number of day left while PP can be deployed when options are at high premium.

me Gujju tho 3 point kho bi nai chodega hahahah

Prithvi Chidambaram said...

means for corrective wave for upside sl 5936

Ding A Dong said...

Let Sir take call.

then why sujatha said she will take out her puts in the morning?

first of when she taken the puts please tell me if i missed her comment.

shriram said...

@ Ding:

forget ego, and take master's permission

U hv knowledge on trade instruments, & its really good. Now share it by making a proper eq. wid all Blog-mates.

u will also gain happiness in sharing & will increase ur bonding amongst JN Family

Just Do it the formal way & take Master's permission. Usme kya hein ?

jay shah said...

dear discipline focus read your interesting posts about JNSAR , SAR , and VIX yesterday found them to be very intriguing may i have your email id please? would love to learn more from you dear freind many thanks

Ding A Dong said...

@Shriram

truly its not ego.

yes I am waiting for masters call. let him take off my comments if I did wrong.

@ T junki

I understand sir, but i don't do too much reading between the lines.

shriram said...

Master,

bear flag intra if 5947-83 NS resists ?

how r u viewing it presently sir?

discipline focus said...

@jay -

its the same disciplinefocus(at)gmail(dot)com

regards

Pattern Trading said...

Shriram can u see a small 5 wave from 5954 in 2 mins chart

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