Friday, August 2, 2013

Nifty Intraday Update-I


52 comments:

NEVER GIVE UP said...

Good Morning Sir & All Friends.

NEVER GIVE UP said...

@ Ilango Sir,

Is there any possibility that 2nd has done at 5809 and at which point it confirm ?

jvr said...

Good Morning Master and freinds

Anandha said...

Bharti airtel forming many pin bars. Is it going to see any sudden crash?

anand said...

Sharing some observations :
When we miss the opening high to sell on rise, this last 2 hour low breaking will confirm the "go short again"?
Lets see the (v) unfold now.

Also ,5740/32 (50% retrace of opening range) is now the resistance with triangle apex broken (5 minute) and 120 points from now (the breath of triangle from ~(5800 to 5680)?


Anandha said...

@Ilango,
Where does nifty confirm its extention of vth wave? only below previous low@5677?

Ilango said...

Since the "5677 to 5775" was of 5 sub-waves(yesterday), "5697", 80% is impt.

Its 61.8% retrace is @ 5714.

Sandy said...

Ilango can you comment on 3rd being the smallest in the move between 5677 - 5775

gangadhar said...

bank nifty and nifty intraday charts are same. any indication?

shailesh said...

anandha jee can we short bharti if yes then sl is

shree said...

ohhhhh...
how great I am..
y'day I said same...I can understand market.....kaua chala hans ki chaal.....crow is walking as swan...!!!

shree said...

5677 to 5775=98*80%=78=5697.......
August 1, 2013 at 2:26 PM

shree said...

so 5781 and 5697...IMP for the remaining one hour.......
August 1, 2013 at 2:27 PM

Anandha said...

@ Keep going Shree.

anand said...

Sir, Shriram

Below 5710/5713, the 2nd wave up / Complex "b" move (part of corrective) is invalidated ?
and now the (v)wave on the way ?

Or is it too early since 5676 / 5697 is still holding ?

saptharshi said...

Good morning llango sir

amber said...

Sir ILango ji yesterday sent a mail , when time permits kindly check thnx very much

Anandha said...

@Shailesh,
No Short advised on Bharti.Just was asking if anyone tracking this.

shree said...

what a resistance @ 5722 & 5752.....if crossed then????

shree said...

cant handle patience....booked...long....good opp was there since opening for both sides....

shree said...

5761 to 5705=56*50%=28=5733...hits 5730.25......

shree said...

5739 will hit????....

shree said...

BN.....10220 to 10070=150*80%=120=10190..hits 10190 crossed

Anandha said...

@Shree,

5745 to 5765 possible.Moving above can show more amazing results.

shree said...

Not for trade but...NF..5835 today????

Prabakar said...

It seems, only if BNF able to move above 10210 and sustain, the upmove for the intraday will continue

shree said...

@ Anandha.....
thinking of re-entering.....if opp comes.....

shree said...

5705 to 5734=29*50%=15=5720.......almost hits...

Sandy said...

Ilango descending triangle forming - 5 min chart?

shree said...

but missed to re-enter..

shree said...

BN.....10220 to 10070=150*80%=120=10190...hits 10195=125*50%=63=10132......will protect???..61% 10118.....imp

varun kumar said...

Refreshing myself
"The reason is that a man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight."

shree said...

oh....nf getting lower than earlier...entered......now low is sl....lets hope sustainable bounce.....

Sandy said...

Varun K well said. Who's quote?

shriram said...

--> back

@ S4s: +WW forming on NS intra ? pt 5 to form near 5700 in next 1 hr or so..

1-4 ETP/ ETA tgt comes to 5750-60 NS from there in next 4, Hr candles

Anandha said...

@Shree,
Nifty is making lower lows & Lower highs from morning in hourly charts. Daily charts shows for today it is making Insider candle as prices moving in a traingular formation. Bottom of the traingle could be a good entry price for long.By the time we may see +ve divergence as well.

Sandy said...

Decending triangle if confirmed may force retest of the last lows towards 5660.

varun kumar said...

written on right sie of our blog by Jesse Livermore:-

Anandha said...

@ varunkumar
Good refresh from "Reminiscences of Stock Operator"

Prithvi Chidambaram said...

@shriram sir,
Pls give me ur email id I have some query in my charts

Sandy said...

V K I am not a true follower! I am ashamed!

shree said...

@ Anandha....
NF....on 5 min....draw from 5840 from upper..and from 5701 from lower...you will get the picture clear.....

shree said...

@ Anandha...
here it is...

http://prntscr.com/1ix4wn

shree said...

5705 TO 5734=29*80=23=5711......

varun kumar said...

As said by our master-

Prediction always weakens our determination power.

Sandy said...

5738 NF is the VAL ( Value Area Low for the Day)/ 5716 (Next Support Developing VAL for the week)/ Below that 5665 (Good Support +Previous Month VAL). Upside strength can come above 5773/4 (VAL Last Month & Developing POC [Point of Control] for the week).
All for nifty future

shree said...

in those days good rhythm is there in movement intraday...its a full trading and trending .......

varun kumar said...

@ jr julius sir
pls check your mail when free.
thanks & Regards

shree said...

@ Anandha...
though LL & LH.....there is some bottoming.....as you said I am also with same view.....

Anandha said...

@ Shree,
See a larger picture on hourly chart of Nifty. Where Shriram sir asking S4S for +WW, it is showing triangle bottom falling around 5676 levels once again.

@ Shriram Sir,
Correct me If I'm wrong.

shree said...

@ Anandha..

can you share an image please???

Post a Comment