Thursday, August 1, 2013

Nifty Intraday Update-III


38 comments:

shriram said...

@ S4S:

Not convinced on this up-move...

what is ur sense?

shree said...

5808 - 5677=131*73%=95=5772....done....80%=5781..not touched...
5677 to 5775=98*61.8%=60=5715...done....
5775 to 5713=62*50%=31=5744.......touched 5739 so far...

Prabakar said...

Intraday BNF if holds 10147 & moves above 10170, may continue the upmove..

shree said...

5677 to 5775=98*80%=78=5697.......

shree said...

so 5781 and 5697...IMP for the remaining one hour.......

shree said...

5740 area ..HOURLY 5 EMA......+ 50%......+ 2 HOURE CLOSE

Alpesh , Dk said...

Hi , dear sr,
plz any comment regarding nifty count
regards,
Alpesh

shree said...

5747....MIDPOINT of PIVOT and R1

Kiran said...

Big hands playing AxisBank... Today's candle reverses yesterday's candle.

dharmu mishra said...

Respected sriram sir as per yesturdays low high till now nifty for today has made HH LH which is early signs of reversal pls tell me am in thinking in right direction.as it has crossed dhema pls guide

Prabakar said...

BNF should now hold 10255 and move above 10279.. EOD close above 10255 is preferrable for the upmove to continue tomorrow..

Jigar said...

@sir,

From pre market view : if prices hold 5691 and if they surpass 5824 Nifty is in its corrective second wave.......this is still valid right ?

ankita said...

extreme high level manipulation in nifty, bank nifty. what i observe.

Crorepathi said...

Prabakar...counter tradeaa ?
:)

Ilango said...

@ Jigar,

We updated our observations of pre-mkt with this:

Ilango said...
Since the move from 5676 to 5809 is of 3 wave structure, prices are likely to trade in "5675-5810" as a flat if it is a 2nd wave.

If (iv)th is completed @ 5809, prices would break below 5676 towards 5651, MLEma.

August 1, 2013 at 11:29 AM

dharmu mishra said...

Respected llango sir is HH and LH formation r signs of reversal if so can we consider nifty move for today as one of them pls guide

J.R.Julius said...

Ada Spam Baba iththana commenta porukka mudincha unakku ennoda comment thaan kitachucha!

Prabakar said...

Venkat.. Hour tempt pannudhu.. :)

ankita said...

big salute to the fii's ruling and running india's nifty.

shriram said...

@ Dharmu,

Todays Low is lower than ysdays Low by 10p in NS.

Prefer to track NS (as its free from premium volatility, tho many ppl swear by NF)

Market looks weak only to simple eyes

Ilango said...

@ dharmu mishra,

There is no HH & HL even in hour chart.

Prices came to the previous bottom.

It is a pause; it is a sideways range between "5675-5810".

Markets eventually break down once the correction is over.

shriram said...

Master,

Any outlook on GoldBees?

Looks a fantastic Bull Flag Consolidation , right place to go long, if EOD close > 5DEMA sir?

Ilango said...

Holding "5710", the complex "b" would attempt 5800 again & fall again to complete (b) and then rally higher to 5800+ again, provided "5675" is held for 2 days.

Ilango said...

@ shriram,

"2620-30" is critical.

shriram said...

Master

Thank u :-)

anand said...

Sir
So should we try long trades or range trades till 5710 is held to ride this b-wave?

dharmu mishra said...

Respected shriram sir as per TT above in daily low column 5677 is todays low and 5676 is ysdays low . i know i m making mistake somewere pls correct me with ur guidence thanks

Ilango said...

@ anand,

Such a phase offers a lot of "Intraday trading ops", provided one is patient to initiate trades at appropriate levels.

"Downtrend is intact" and any gap up due to external cues would provide some trading ops.

Crorepathi said...

prabakar, real guts to trade BN that too counter trade...
my dream is to tame BN.

dharmu mishra said...

respected llango sir thanks for ur response and sorry for disturbing u

anand said...

Thanks a lot sir!

Ilango said...

@ dharmu mishra,

Please do not take "one point" diff as a higher low for a new trend.

dharmu mishra said...

Respected sir thanks i will keepp this lesson in my mind thank a lot

dharmu mishra said...

Respected llango sir thanks i will keep this lesson in my mind thank a lot

J.R.Julius said...
This comment has been removed by the author.
Ravi Pillai said...

SIR
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You are Great.
Nalla Manam Vaazhga.
Naadu Potra Vaazhga.
Ravi
Indha Poovodu seyrndha Naarum manam perumo?

Ravi Pillai said...

To the best of my knowledge Ours is the only Blog
connected to NIFTY which is dedicated to the core.
Last but not the least

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