Wednesday, July 3, 2013

Nifty Intraday Update-III


68 comments:

J.R.Julius said...

A Secret Scrolls message from *Rhonda Byrne
Creator of #The Secret

To understand the power and the magic of gratitude, you have to experience it for yourself. So why not begin by deciding to find 100 things a day to be grateful for?

If you practice gratitude every day it won't take long before gratitude is your natural state of being, and when that happens you will have unlocked one of the greatest secrets to life.

Ding A Dong said...

http://search.4shared.com/q/CCAD/1/toby%20crabel

please check this link for the book JRJ recommended as best book for intraday trading & it look like one with very simple concepts & I liked it!!!

please adjust with its scan quality.

If any one have better quality eBook then please post it here.

regards

Sujatha said...

May god bless "newton;s 3rd law"

bye -

NK said...

Hi Sir,

Isn't market behaviour yes'day and today similar to that of expiry and day before expiry? I mean a mirror image.

NK

Ding A Dong said...

hi JRJ,

I prefer attitude over gratitude to set an altitude :-)

Ilango said...

@ Pradeep,

Nifty in a corrective "B" wave, a treacherous one for trading....and this "B" wave will have "abc" internals, presently "a" is on..

Treacherous means:
Marked by unforeseen hazards; dangerous or deceptive: treacherous waters.

Ilango said...

@ NK,

If that is the image, it should hold the lows and move up by 40-50 points from here...

I'm curious now, though I've seen "patterns failing at one point".

Abhi said...

Sir,

If we see upmove till 5904 as A of corrective 3 waves then after B is over C should take NS higher than 5904 ns ?

If Sir does not have time, anyone else help me to understand.

deepak pinto said...

Sir
A intraday irregular triangle almost complete.
Some zoom vroom expected

vksoni said...

expecting a bounce ((>

RainMaker said...

Congrats! for achieving a new milestone.

NK said...

Hi Sir,

Thanx for the response.

The way I see is it should hold the lows and close around current levels. And take out T'rows JNSAR with a gap.

On expiry day nifty closed above next day's JNSAR and gave a rally of more than 220 points.

Let's see.

Ilango said...

@ Abhi,

We have labelled it as wave "A" of the corrective "ABC" presently.

"Normal C" wave moves above "A" in a zigzag; In Flat it reaches around "A" top or

"C" could be truncated and hence new highs may not be possible also.

Other bullish & bearish scenarios could be discussed as the need arises.

SJkolkata said...

BUTtttttt, JnSAR prabhu has not given his call yet.

shriram said...

--> back

BN has cracked , NS stable... story repeats.

Now can we see some bounce pls

charan prasad said...

there is +v3 div in NF 15 min

chetas said...

JRJ,

I am grateful to you for sharing this message

Amol Sharma said...

Sujatha said...

May god bless "newton;s 3rd law"

bye -

July 3, 2013 at 2:17 PM Newton's Third Law of Motion Every action has an equal and opposite reaction. ha ha ha.

Kedar said...
This comment has been removed by the author.
Ding A Dong said...

hi shriram will hair in nose affect the smelling?

my observation is when ever you use word smelling it will reverse hahahhahahah and how you smell it like a dish hahahahah

SJkolkata said...

Master,
I am a novice in EW but a query, if you feel fit than reply.
We made the top on monday and thereafter falling, though the fall was moderate in nature like 'a' wave and today we had fallen with gap down and continuously falling like in wave 'c'.
than can we say that abc of B can be over shortly.
Timewise also A took 3 days and for B we are about to complete 2 days.
Regards,

J.R.Julius said...

@Sujatha,
Newton's 3rd law works 100% or 61.8% in Market???

@Guru sir,
Check your inbox.

Yogesh said...

@ Ding A Dong, try this link

http://www.traders-library.com

Ashish Agarwal said...
This comment has been removed by the author.
sanjay singhania said...

let us see nifty future 5800 in mins only

Yogesh said...

If given link does not work, pls send me e mail, I can send you few I have pdf, must send them by e mail attachment one by one.

Ilango said...

@ SJkolkata,

I have seen "B" waves taking double the time or even more of "A" wave and

I have also seen brief "B" waves taking half the time or even less of "A" wave.

Hence, they are treacherous.

Traders in general lose money in "B" waves.

M D Dharmendra said...

Dear Sir,

In a corrective ABC what will be the extension of C
wave can you please expalin

RainMaker said...

Ilango said...


Treacherous means:
Marked by unforeseen hazards; dangerous or deceptive: treacherous waters.


I need a clarification / confirmation - if time permits.

Does 'B' wave shows huge gaps and fast moves ?

I always thought them to be confusing and slow moving. But here it appears like a directional move.

Anonymous said...

Sir,
Closing above 5772 gives us any clues for upmove ? Or can we expect Gapdown again tomorrow for island reversal on Hourly charts ?

Thanks & Regards,
Anandha

Guru - Trading Nirvana said...

@JRJ - Thanks I have too sent you a mail,, please have a look :)

shriram said...

@ Ding:

looks like u hv "hairy" issues ?

may be the evolution had lagged...

SJkolkata said...

Shriram,

Evolution...... LOL

Anonymous said...

Thank You Julius sir for disclosing your short calls on nifty.
Thanks Nitin for your price action figures for trades.

There are ppl who feel 2+2 or DLEMA-20 is serious maths to consider for trades.

@Sujatha
Do not scare ppl with Big Big names like Newton,
Traders get confused and think here we are discussing some Scientific methods. :)

Thanks & Regards,
Anandha

Amarendra said...

an open list of intruders is required.

shriram said...

@ Sjkol ji:

such "neanderthal" lingo deserves this tone only ;-)





Ilango said...

@ RainMaker,

"Black Swan" happened in "B" wave of the larger scale.

Didn't it deceive thereafter. Tame follow up.

"B" waves are full of surprises as they have myriad shapes & patterns.

For a 340 points rise from 5566 to 5904, 50 points gap down is normal.

Guru - Trading Nirvana said...

@Anandha - Why sudden commenting as ""Invisible"?? :)

SJkolkata said...

If in my life I get an oppurtunity, I will surely try and learn Sujatha's language and try to decode it.
Or will suggest to appoint a official/honorary translator for her comments.
Tried Google search, even that has failed.

deepak pinto said...

sir
one false break upside done.
now looking for the finale.
-----63======84++++++
above formula to carry position home

prakashbkc said...

Master,

As u told this is treacherous B wave & moreover u earlier mentioned holding Wk pivot(5754) is +ve for bulls
Does can we consider 5754 as SL for longs
though I have not taken any long.

Ding A Dong said...

@ shriram

are yaar joke kiya tha, our kuch nahi.

chalo chodo.

@ traders

what happen to volumes since 3 days seems to be very low.

Crorepathi said...

Maybe lagged like 200 SMA...

RainMaker said...

Thanks Sir.

" For a 340 points rise from 5566 to 5904, 50 points gap down is normal. "

The above sentence of yours highlights the right perspective

Ding A Dong said...

lagged hey ki nahi, leg kechne kho tho sab line me ajathe hai hahahahahh

Anonymous said...

@ Ding a Dong,
Apologies to suggest you.
Funny messages are fine. But do not try to pull others legs. Everyone does their own analysis.

shriram said...

@ Ding:

Langot kheecha jaaye thoda ?

maja aye, elastic bhi na tute !





Ding A Dong said...

@Anonymous

thanks while I was just funny, no leg pulling and all, honestly.

Guru - Trading Nirvana said...

Feeling in dallal street now --- today close below J10SAR no matter what...:D

Crorepathi said...

Which animal has the thickest skin?

sarvesh said...

dlema still saved after sell off in futures..made a new low, it actually a B wave.. what to trade??

Anonymous said...

@ Julius sir,

Could you please share the Book you are referring to in the morning ?Hope you have your favorite book. Thanks for your willingness to share information always.


Anandha

CDG said...

what does closing look like as of now????

Manish said...

@ Crorepathi

the one who comes to disturb us daily...ROFL

anand said...

Closing coming near 5770 and rising. Should end at that level.

anand said...
This comment has been removed by the author.
Anonymous said...

@ Guru ji,
In office, they do not allow login to google. Blog asking with a profile. Unfortunately, I could not login. I was thinking I could not ask if any question I have during market hours. But Google gave a facility post as Anonymous. So posting with Name after the message. :)
Thanks for concern.
By the way, why no updates on your blog for todays trading.No view today? or little busy ?

Anandha

anand said...

So J10SAR Short, closing <DEMA, DHEMA
So Cat is on the wall? Or day has turned down as per premarket?
Lead indicator is down?
Well- now we shall come to know tomorrow morning only.

R.S. SUNDARAM said...

Thank you Ilango Sir

sarvesh said...

seems like a bit of shorts getting covdered as nf discount has gone

Guru - Trading Nirvana said...

@Anandha - Got the problem.. sorry about that, should resume soon, yellam yen somberi thannam dhan.. :)

Ilango said...

@ sarvesh,

What to trade..??

Nifty Pre-Market View.

If fails, the labeling should, then be changed to "A" completed @ 5904 and a treacherous "B" wave is on .....
during which .....

you must trade for "short term ranges" such as "Hema to LEma & Lema to Hema".

Anonymous said...

@SJkolkata

I will join with you to find a translator. Bcz I can not translate alone myself.

:)

Anandha

Anonymous said...

Is there an updated version of 'Tech Table Reading'

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