Monday, September 30, 2013

Nifty Intraday Update-I


23 comments:

Stockathon said...

@ Raghvendra,

Thanks for explaining it so nicely.

Viral P Rana said...

sir GM
can anybody tell me the formula for jnsar .how to get this magic no???

Kiran said...

Most recent small bounces are limited to 11 or 14 or 20 points. On Friday only one good bounce was of 40 points...Clear sell on rises.

dharmu mishra said...

dear ragvendra
thanks for clarification of mu doubt . i was confused. i m learning EW at this stage there r more confusions than understading thanks for supporting me on the way of learning.

sorry shreeram sir for bothering u in ur precious busy time
thanks

J.R.Julius said...

Good Morning Sir & Blog-Mates,
Have a Happy & Prosperous Day. ♥
-

Trade Success = Faith in Backtested System + Patience for Signal + Consistent Action
Trade Mechanically, Get Rich Steadily.

Trader Junkie said...

potential bearish flag on 2-min, break of 5760 to bring another 20 points down to 5640ish....around 5-MEMA...

Prabhanshu said...

As per broadening top, Nifty may touch till 5750 and may bounce (max till 5850- median line of broadening top and then fall).
This is my limited understanding of broadening top pattern and may be wrong. Let's c

Suraj said...

Good Morning Ilango Sir and All Seniors & Friends

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, Pivot-5908, S1-5856, S2-5823, VWAP-5823

Nifty sellers are active from the morning itself with support from the 5800CE writers, Staying below VWAP is weak…

Thanks & Regards

bepostive be nagetive said...

shri ram sir
for fibo retracement last high should be count from 5909 ,5938or 6033
pl guide me

Aly said...

Dear Ilango Sir,

does it look like one set of 3 waves down has been completed and pending one more low will complete one set of 5 waves move down?

sarvesh said...

2 aly, if you are talking about fall from 6142?? or intraday??if 6142, iii cant be the shortest of all waves..i did 6142-5811=331 points, 2nd did a running correction and 3rd started from 5810 today morning or at the best from 5881..so, as per my understanding, as sir says, train has just left

sarvesh said...

2 aly, sorry for intervention, as sir is away, i thought, we mates can discuss..though final view lies with the father of nifty, Ilango sir only

sarvesh said...

congratulations to the judiciary of India,, for sending the funniest politician to jail as found guilty...i hope others shall have to follow suit sooner than 17 years...i have not seen any bigger going to jail in my life term

shriram said...

@ bepostive be nagetive:

am currently exploring fibbo retrace to 5119-6143 NS (if suspected as 5waves done) &
5319-6142 NS (if suspected as w3 done)

Aly said...

@ sarvesh, thnks for responding, I was talking more from the perspective of 3rd down whether 1st f 3rd down has been completed

Waquar said...

@ sarvesh, he has been convicted, the Quantum of punishment will be announced on 3rd oct.

sarvesh said...

@ aly,,my response is that 3 rd has just started and atleast should do equal to 1...though witgh its own fractals and divisions.

@waquar..that should be a formality..the punishment and its quantum will be seen more in 2014 than now..which presently says that he and his political career is finished

Trader Junkie said...

PUT OI is - 2.5 lac (negative) and CALL OI is 4.5 lac, seems like 5800 is forming immediate resistance ...need to keep an eye on 5800 levels if one is short....5700 PE adding OI of 4 lac to a total of 38 lac.., seems like support around here....

Waquar said...

yeah atleast this is sure, that he will be disqualified as a Member of Parliament. ..

sarvesh said...

2 trader junkie,, moreover previous support becoming resistance now

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