Friday, October 11, 2013

Nifty Intraday Update-II


34 comments:

shree said...

Infy....Nifty....not crossing 80% of todays range

Bharat Kumar said...

Ilango Sir - When you come to targets of 5970+250 points, do you feel it will come in one go?
The reason I am asking this is because the "B" wave may start at around 6150 according to the marking at the JN chart. Your views sir

sarvesh sharma said...

@Ilango sir,,,a serious "no confidence" motion is always on against us by ourselves and people around..don't do this..don't do that..we know better..you know nothing..how to unlearn, sir! i wrote down a infosys trade plan with a breakout above 3060 and breakdown below 2980....it all showed before results but did not trade even a call or put...a serious damage to confidence seeing it now trading at 52 week highs.. its never required to slap my own cheeks..market does that in style, always

Aly said...

Dear Sarvesh,

While you had taken a right view, thankfully you didnot trade call as the calls arr actually down in prices due to reduction in volatility. Put writing however would have made you some money

Prithvi Raulji said...

@sarvesh
Yes, but not doing only technically , if wrong , make sl, but not thinking beside of technically.
God give me technique like master

sarvesh sharma said...
This comment has been removed by the author.
Prithvi Raulji said...

@master
OB in hourly and daily, can tgt achieved near 6140 and possible for reversal??

Aly said...

Dear ilango sir,

Irregular flat ON after 5 wave upmove to 6099 or still 5 wave upmove on?

dharmu mishra said...

Respected shriram sirji
thanks for your reply it increases confidence and guide in better way

anmpatel said...

@shree ramji
if iii tgt 6150...then this move from opening is iind wave?
thanks.

Prithvi Raulji said...

@master
Conservative sell below 6025Dhema, Sl should 6025+20=6045

Ajit said...

@ Prithvi
think of re-entry there with small SL

shriram said...

@ ANMP maharaj:

per popular EW folk view.. 50% Impulses have Ext, W3s,

with this obvs, as our base for assigning labels, if seeing move up from 5826 as a 5fifer, then 1st hi-prob label can be seen thus :-

i 5826 5981 155
ii 5981 5877 -104 -67.1%
iii 5877 6128 251 161.8% ** in play

If NS turns & goes below < 5981 , before hitting 6128, then one will change the label




Kiran said...

Looks like we are going to see day's low again. Chance to buy again.

Prabhanshu Raman said...

Small bear flag and hns in 2 min NS chart with breakdown below 6065 with tgt at 6030 with sl at 6083
All values in Nifty Spot

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 1:00PM, Pivot-6046, R1-6087, R2-6115, VWAP-6105

Huge Overhead resistance at 6200 for the day, so all rally towards the highs are being sold, but the buyers holding around 6100 level for the time being….

Thanks & Regards

Ilango said...

Remember this: when two possibilities are at work, market undergoes a tussle on reaching the critical point that divides the two scenarios.

Also prices reached the critical resistances @ 6093-6112-34.

Only when prices fall below the levels stated earlier, "B" would be confirmed. Until then, both scenarios are in contention.

For intraday:

Prices are pausing @ 2-Hr lows-6062. weakness below 6065.

mynac said...

Afternoon Everybody,
Today's Very Good HVT(Vol.1,62,78,514) @ 6087.10 (@ 11.59) ...

mynac said...

On normal trading days,most of the time the HVT 's are bet.20 & 35 lac

Bharat Kumar said...

Mynac - A HVT over here would signify a bullish indication?

mynac said...

Dear Bharat Kumar,
Thumb Rule:
Nifty trading above Day's HVT Bullish for the day and vice versa.

Bharat Kumar said...

@Mynac - got it. Thanks!

sarvesh sharma said...

@mynac..thats the spot level?

mynac said...

Today's HVT 's timing is abnormal..i.e. 11.59...
Generally, on most of the day's it is bet.9.15 & 9.20-30.i.e. @ the opening session..

The way Buyers are holding Nifty around 6070-80,...it looks, most probably,they would try to dictate market in the closing session...Let us see... Bye...

mynac said...

Dear sarvesh sharma,

Yes... Bye..

Ajit said...

2 good retracement trades provided by market.
closing near todays high.....hanging man
confirmation only on Monday
Thank you Sir

Prabhanshu Raman said...

Bear flag still in play and bd below 6075

shavin555 said...

HVT means- high volume trade. Is it correct?

Prithvi Raulji said...

@ master
From 6142 to 5701
How to confirmed that 'abc' done?

Following WIND (Pawan) said...

Illango Sir

TABLE NOT UPDATED @ 1:00 PM

m.veerasamy Maruthai said...

GOOD AFTERNOON SIR AND BLOG MATES

VEERASAMY

raghava said...

Master,

Glogal Markets Rally, Rupee Strong, & Infy Positive result I am expected 200 pt Rally.
Why market to go Up?

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