Tuesday, October 22, 2013

Nifty Intraday Update-III


22 comments:

Sujatha said...

GOODNOON sir and all

Nifty Mega grinder "ON" for bulls wedding or bears wedding??? for me no worry about any of these wedding...as i am rarelyyyyyyyyyy trading :) enjoyyyyyy the "reception" before "wedding"

regds

shriram said...

--> back

Hi suja, serve some Dosas now till Diwali pls , bhook lagi hein :-)

Bharat Kumar said...

Seems to be a bull wedding only sujatha..

ak said...

some sort of correction expected as nifty is in weak zone below 6204 as mentioned by sir

Kiran said...

NR7 Day for NIFTY, CNX IT and MIDCAP

Sujatha said...

shriram ji - ofcourse - "seasonal wedding" for bulls :) enjoyyyyy the "sappad" but sudden "dowry" problem not ruled out ha ha as nearly 4-5 months CCI and stoch showing good -ve div. but i am not believing (donno in other words) in indicators just a "pickle"...cardamom is smelling very bad sirji since august :) will join the nifty party during "muhurat" trading or nearby expiry only. no idea inbetween

anmpatel said...

@shriramji
your bull flag pattern still valid?
I don't know about this pattern.
thanks.

shriram said...

@ ANMP:

As long as price trades > Dev.DhIEMA / 34EMA,30m , 2hlf hr candles, then BULL Flag is v much on

@ Suja: u just give "appalam" from Bull kitchen, my tummy will get full ;-d


anmpatel said...

"appalam"?
hame bhi dena thoda!!!

raghava said...

This Hour Look Like Close below Hourly JNSAR.

Ilango said...

Bearish:
6198 6201 ... is 50%-61.8% retrace of the last fall from …… 6210 to 6186

80% is - 6205

If weakness is to return, it should be around 6198 6201

Strength gets confirmed above 6201 OR 6205

shriram said...

A thought that came in mind now suddenly...

QE is making the Dividend investor OBSOLETE ... now everyone is SPECULATING for GROWTH of portfolio... i.e as Money Supply increases , investing is now tending --> gambling ...
As valuations skew wrt inherent BOOK VALUE,
TA will gain clear edge over FA.

Lets see if this line of thought is correct, over the next few days / months...

raghava said...

Today No Bear Signal. So Longs Carried tomorrow.

Bharat Kumar said...

@Ilango Sir - Carrying longs advisable ...? Please reply

varun kumar said...

What is avg closing of nifty?
Thanks

anmpatel said...

@varun
6201.08 and rising...

Kiran said...

Possibility of gap up open tomorrow.

anmpatel said...

@kiran
how can u say so...gap up open tomorrow?
pl explain...
thanks.

Arun v said...

Nifty and Bank Nifty took a fresh high today, expecting another new high tomorrow

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