Wednesday, July 10, 2013

Nifty Intraday Update-II


41 comments:

J.R.Julius said...

30min chart PINBAR...

Ananyavrat said...

is there any alternative downside count?
Ilango sir is a fall below 5760 still possible?
we still have not broken 5904 ?

STOCK4SURE said...

an inv H&S pattern may develop in 2 min charts.......may dip towards 5852ns(RS) again and if breaks abv 5863(neckline)then may trgt 5879ns.
cmp 5859ns

Prabhanshu said...

My Plan on JNSAR:

Current Position - Long from 5817

Today JNSAR - 5815, SAR for Current Long Position

If NS breach 5815 - Convert long to short with SL at 5835. After taking Short position, if NS again hit your SL i.e. 5835, convert your position to long and then manage your position based on tomorrow's JNSAR (5825)

My take - I should have taken profit on 1st lot at 50 points (at 5867-77 NS) considering market range bound trend. And 2nd lot for SAR

Note - I am novice and not to be followed. Please follow your studies and understanding on JNSAR.

Murella Saibaba said...

ULTIMATELY the triangle shud breakout on upside(tt says that)
but biggies first hit the sl of all calls and then postpone action to weekend or monday

Ilango said...

@ Ananyavrat,

Pref. view is holding "5847", prices move higher and break past 5900-17 to head to 5970+

Alt.view: Prices drop till 5825 or lower but protects 5790 and resume uptrend as stated above.

Only below 5790, bearishness could be touched upon.

Ding A Dong said...

Hello Friends,
My Nifty Intraday Trade Plan @ Jul 10, 2013

LTP @ 12:31 - 5857

Buy @ or Above – 5872
Buying Stop Loss – 5852
Buy Target 1 – 5888
Buy Target 2 – 5907
Buy Target 3 – 5926
Buy Target 4 – 5945
Buy Target 5 – 5965

NO TRADE ZONE – 5852 to 5871

Sell @ or Bellow – 5851
Selling Stop Loss – 5871
Sell Target 1 – 5836
Sell Target 2 – 5817
Sell Target 3 – 5798
Sell Target 4 – 5779
Sell Target 5 – 5760

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.

Wish you all a good trading!!

Sujatha said...

GA sir and all :)

Sir - pranams. learning lot and lots of morals from you for life. giving me very peace of mind "than my TRANQUIL" :)

gauresh ji /sharmaji - tks for excellent quotes

julius - gm :) will observe and take action nd thank GOD..pull back is coming.. "thuppakki dialogue - am waitinggggggg"


deepak pinto said...

Sir
Market simply is in love with the early 60s.
The big move will come after the market jilts the lover.

deepak pinto said...

Sir
Abc down done from 9.15
Is it time to jilt.

Yash and Dhan said...

Bored with range. Here is some humor at work from R Digest
ATTORNEY: What was the first thing your husband said to you that morning?
WITNESS: He said, 'Where am I, Cathy?'
ATTORNEY: And why did that upset you?
WITNESS: My name is Susan!
====================================
ATTORNEY: Now doctor, isn't it true that when a person dies in his sleep, he doesn't know about it until the next morning?
WITNESS: Did you actually pass the bar exam?

Ilango said...

@ Sujatha,

What my critic says....

Just as our consumables like brinjal, sugar, dal prices have moved up & stay put.,

Just as real estate prices have gone up & stay put.,

and devaluation of rupee make everything expensive.,

and the last to become expensive would be....

Stock prices..!!!

Adrian Jose said...


@Ding A Dong

Sell @ or Bellow – 5870
Selling Stop Loss – 5891

Sell Target 1 – 5855 {2ND LOT SL is trailed to sell target 1}

1st lot sell target hit and pushed 2nd lot sl to sell price.

stopped. achieved 1st sell target with 2 lots. New comers pushed, pushed,pushed, ???Thanks lot .

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 1:00PM, Pivot-5862, R1-5883, S1-5848, ATP-5872, VWAP-5872

Addition still very much there at 5800PE, now above 10 lacs, all downside are being bought but upside still capped as the CE writers holding their nerves…

Thanks & Regards

Ding A Dong said...

@Adrian Jose

I dint Get you. can you be little clear?

Ilango said...

1.00PM TT & Chart updated.

Sujatha said...

sir - :) ulagam pora pokka partha bayama irukku believe it or not..my eyes filled with tears when i read ur writeup - v can feel the god's guidance and presence..can;t explain today too i am blessed

எதுக்கு சார் பொய் காலையில் வீட்டுல ஒரே சவுண்டு பார்த்தேன் எதுக்கு வாய் விட்டு மாட்டிப்பானேன் மார்க்கெட் என் பக்கம் பிராபிட் புக் பண்ணிட்டு பெரிய வாக் கோயிலுக்கு போயிட்டு நன்றாக மெடிடேட் பண்ணிட்டு ஒரு கப் சூடா பொங்கல் பிரசாதம் சாப்பிட்டு வந்து பார்த்தா நீங்க அசத்திட்டீங்க தோணியது / இன்னா செய்தாரை ஒறுத்தல் அவர் நாண நண்ணயம் செய்து விடல் . now "manase relax please"..am back to duty

CDG said...

Dear Ilango,
For academic reasons, can there be occassions where "C" can end in a failure? that will force us to reconsider the labellings. correct?

Kiran said...

Yesterday BNF was resisted @ 11488 for major part of Day(It was broken after 3 PM). Today it supported @ same number.

J.R.Julius said...

@Sujatha,
Good Afternoon & Bestwishes.
Im with 15pts Risk in that PA signal.

STOCK4SURE said...

i guess time to go longs again at 5853ns

channel support in 3 day charts

Sujatha said...

Julius - i feel nifty is waiting for any news frm FM?? as FII selling reduced (with my little understanding) EOD close abv 5874 is the small trigger big trigger @ 5917 looks like (FIIs will join there abv 5900??) rupee imsai thangalai - nenappu pozhappa kedukkama SL -la parthukanum

Ding A Dong said...

NO TRADE ZONE – 5852 to 5871 played out clearly.

now which side?

Ilango said...

@ CDG,

Yes, there are many occasions "c" has failed to make even new highs and at times just a small upmove.

We have been considering this upmove from 5566 as a corrective bounce for the fall from 6229 to 5566;
50% retrace done;
61.8% is @ 5976.

sandeep said...

master tell few not to lure people

Kiran said...

If NS sustains below 5834/35. NR7 Day followers will put further pressure

J.R.Julius said...

@Sujatha,
Stopped out.
Bye.........

J.R.Julius said...

Yesterday NR7

Watch YDH & YDL

Crorepathi said...

Today total சங்கி மங்கி !!!

Dinesh Rishi said...

Ascending Triangle (Continuation)

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:ascending_triangle_c
==========

Triangles are most difficult to trade

http://temp_thoughts_resize.s3.amazonaws.com/71/46a7c3ad9b7be9aee943e42d89cb45/bang-head-here.jpg

Ilango said...

At Hour Channel support & @ 21, 34 Hr smas...5838-40.

Kirubanandam T said...

வடை போச்சே !!!!!

Dinesh Rishi said...

Crorepathi said...
Today total சங்கி மங்கி = चंकी बंदर

Dinesh Rishi said...

Kirubanandam T said...
வடை போச்சேசே =स्नैप पकौड़ी

bb said...

Something Amiss- Sudden Fall?

Dinesh Rishi said...

Monthly open 5829 NF

sandeep said...

master i want ask u why are u telling about supports why not to sell

Marketrider said...

@ ilango sir,

b takes time > a takes time (corrective)

2 takes time > 1 takes time ( impulsive)

b wave takes more time than 2 wave ?

any input

with thanks

RICHARDSDIAZ said...

@bb Something Amiss- Sudden Fall? booty shaking only lolzzz

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