Friday, August 2, 2013

Nifty Intraday Update-II


39 comments:

Ilango said...

If traders are "Hyper", understand some "b" wave is progressing.

shree said...

@ Anandha..

can you share an image please???

anand said...

Great Sir !
Very true. I

Another characteristic of B wave (should go in the manual) -> driving people crazy / impatient..
t confuses- whether to go long or stay short and many misses, unless we have fast fingers (I don't have them)!


shree said...

5705 to 5734 =40 minutes.....5734 to 5705=45.....almost same

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

so no worry ..not faster it is....5697 will keep watch....

ajja said...

If traders are "Hyper", understand some "b" wave is progressing.
August 2, 2013 at 12:04 PM

golden words

shree said...

and I am booking in 8/10 points also ..as brokerage very low......

HARISH TAHKKAR said...

Bank Nifty : Good Inside Bars all T/F 15 , 30 , 60 M
Trade BO
Nifty last M bar made Break out failure of swing low 5 M
Watch 2-3 bars

anmpatel said...

ha...ha..master expert comment...now wait for 'c'...up

shriram said...

@ Anandha:

yes.. +WW pt 5 done.. & trade is live!

1-4 tgt now is 5750-60 NS

shriram said...

meant the set-up is live

pl ignore word "trade"

anand said...

@Shriram :
What is the invalidation of +ww setup ?

shriram said...

@ Anand:

Break of Swing low 5677 NS

Sandy said...

Last couple of hours High voltage - weekend special? Decending triangle invalid. Looks like a falling wedge now.

shree said...

The day so far......5761 to 5705...5705 to 5734...5734 to 5702......5702 to 5712.....5712 to.......xxxx

rose mary said...

shree,

where do you see intra chart.. i am not getting correct values in google finance it seems.

shree said...

5692....CAM l 3..last hope....

varun kumar said...

@ Ilango sir
Here is too many voices...and i am facing difficulty to concentrate to trade and control my emotions.
How can i avoid myself from these ?

shree said...

@ rose mary

Its with my terminal

ravi said...

sir nifty below 5714 and sustain below it. what is the next support


shree said...

@ rose mary...
it is NF i posted....

anand said...

@Shriram :
Thanks!
For me that was a deep SL!
Strong trends.... not allowing any tactics.
And only fast traders like you get the points !
Jai ho !

Manish said...

@ varun kumar...

Some of the voices are useful.Try to make the distinction or read only the Yellow ones...

Nilesh Patil said...

@Master,
Typical characteristic of b wave. :P

Aijaz said...

Sticking with JNSAR and part booking...is the simple and best technique...too much thinking for people like me is not advisable

shriram said...

@ Anand:

Casino owner trades, wont worry on it, as the volatility of OTM PEs is very low

in absol. instrument terms : the SL is hardly 10pts

And i hate fast trades.. best to be robotic .. place the BUY BACK SL & place ur EXIT instruction &

sit back & surf with peace :-)

Time for sapaad, Bon Appetit !

Sandy said...

Ilango said...
If traders are "Hyper", understand some "b" wave is progressing.
August 2, 2013 at 12:04 PM

sushil said...

http://prntscr.com/1ixgzt

shree said...

Taken exit......

shree said...

though its near to earlier low.....but limit of 20 points so takn sl

Trader Junkie said...

Camarilla L3 is here...

shree said...

BN...breaks the low

Iris said...

Master / shriram

I had taken long near 5695 with SL of 5677.
Now if SL is reached should I change my position to short at that level.

By doubt is because we in wave b and c can start which may again force to hit SL for short taken at that time.

Pls correct me if I am wrong in wave count

shriram said...

--> back

looks like the +WW doesn't want to bless today

5 pts left for invalidation !

Iris said...

What will be the possible indication of start of wave C

shriram said...

Master,

I hv a query.. may be the fall from 5808-5677 NS ysday morn shud be seen as a stand alone sub-5fifer

And subsequent rise from ysdays low to be seen as new ABC ?

shriram said...

count wud be something like this ..

a/i 5677 5775 98
b/ii 5775 5682 -93 -94.9% * done ?
c/iii 5682 5743 61 61.8%

If so,

Cmin = 5743
Copt = A = 5771-80 NS (where it will meet St.WkLO as a RES)

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