Thursday, October 31, 2013

Nifty Intraday Update-III


34 comments:

Prabhanshu Raman said...

My guess near 6215 (near Dema). Enuff of bulls and now see power of bears (kidding). High time for good correction

Kiran said...

SBI completes rounding bottom target 1780

m.veerasamy Maruthai said...

My expiry Guess in 6260 tomorrows pivot


veerasamy

prakashbkc said...

Kiran sir,
How u calculate Rounding bottom target as this patterrn too seem in BN 2min chart?

prakashbkc said...

Kiran sir,
How u calculate Rounding bottom target as this patterrn too seem in BN 2min & 5min chart?

raghava said...

My Expiry guess is 6302.5

Akshay said...

Nifty Expiry @6226
Today's S1

Jitendra Mishra said...

expiry guess
we r in irregular corrective wave formation and wave c formation ic on from 6273 which will b downside
hence my guess will be 6188 34 hr sma

Prakash-Pol said...

Master please your expiry no.

marina s rao said...

NS expiry @ 6216

21 Hr SMA

prakashbkc said...

Master,

Nifty closing above MHema, WkHema, DHema With such bullish scenario earlier in history happens , then next month what one can expect?

ravi said...

sujata mam is there is any jnsar level in crude

gaurav said...

Sujatha sis no cricket lungi dance was good

Ilango said...

@ prakashbkc,

Expecting would be predicting;
Following would be appropriate..

Market will always prove a study wrong atleast once; So, following is always better.

Ilango said...

@ prakashbkc,

Two scenarios:

A rise from 6079, manage with retrace SL(pref.38% as aggressive).

A rise from 5701, manage it with retrace upto 38% again.

vksoni said...

entry after 2:30 is not taken as per rule.

Ilango said...

"6235" never got breached till now.

Ilango said...
@ suresh,

For Intraday, it would be weak, now, only below 6235-38.
October 30, 2013 at 1:39 PM

Ilango said...
@ Sonu,

it is more like 3.3.iii. gets negated below 6235.
October 30, 2013 at 1:56 PM

Sujatha said...

Prakash pol - hi hi...edhu nalla iruke...Question paper - prepare pannaravar kittaye answer -aaaa??
just for fun..:)

ravi - JNSAR - one and onlyyyyyyyy Sir'ssssssss .. i already posted my level which gave one good upmove then to downmove...

hope gaurav minted something..:D send me one big pocket of sweets for diwali


dinesh said...

closing it seems above 6300.

Sonu said...

Indeed Master!
100% agree with you.

The C downmove also followed after the 'Complex B' as per Pre-market.

Salute your clarity and mastery of TA!!!

shriram said...

the power of the WW >>>> !!!!!!!!!!!!! :-)))

prakashbkc said...

thanx Master for reply,
Master,

Any advice for who have no position in nifty?

prakash said...
This comment has been removed by the author.
prakash said...

So as per the monthly closing we have now closed above the Jan 2013 high.. So has the party begun..???

Regards
Prakash

Kiran said...

@ prakashbkc

Take top of rounding bottom.
Take bottom of rounding bottom.

Add difference to top of rounding bottom. That's the target for breakout.

Kiran said...

Closing avg 6298

ting tang said...

@prakashbkc

if you are talking about rpunding bottom upward breakout then this may help

RL+(RL-L) * 57 % , RL IS RIGHT SAUCER LIP PRICE , L IS PRICE OF LOWEST POINT IN THE PATTERN.

BALA said...

Nifty comfortably closes above the Jan high level.Now for the next two months nifty will fly.Am I correct .This is w.r to yesterday day post by Sir.Whether any dip and @ what level one can enter .Thanks

BALA said...

Whether the same logic of closing above of Jan 13 high is applicable to stocks and if so any body is having the stock list of that .Thanks

Ilango said...

Congratulations to salildali for calling Expiry close @ 6300 at 1:39PM with the valid reason being " as call writers will not let it close above it".

Congratulations to VK Soni for his untiring efforts.

And a Big thank you to all participants.

Kameshwara Rao said...

The logic of Jan high once crossed not being broken for the rest of the year OR Jan high not crossed at all during the year, worked from 2004 to 2011. This pattern was broken in 2012 when this logic did not work.

Ilangoji has posted Harminder's post of Jan 27, 2011... Whether this logic holds this year or not....we will have to wait and see..

ravi said...

sujatha mam pls give your crude level again

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