Monday, November 25, 2013

Nifty Intraday Update-I


18 comments:

Raghavendra said...

Dear All,

ND's sir ATR break out happened today with intra-day target of 6152.

Reminder on pivot levels :
Day R3 : 6116
Week R1 : 6148.

Raghavendra

Prithvi Raulji said...

Good Morning Family

Wow, Magic moment
6105 JNsar, 6115 golden ratio, Monthly trend Bullish

sudharsan said...

Good Morning Master and Friends....Waiting For JNSAR trigger....

Prabhanshu Raman said...

Sir, is it iv running for the rise from 5973? And I also want to understand whether the current price action is forming gartley pattern? x 5701 -a 6343 -b 5973 -c 6212 - d 5973??

vksoni said...

bearish engulfing in 5 min chart at week jnsar 6095.

Suraj said...

Good Morning Ilango Sir and All Seniors and Friends

VRJ rammanohar said...

ILOGO JI EXCELLENT PRE-MARKET VIEW THANKS
REGARDS

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, Pivot-6022, R1-6061, R2-6106, VWAP-6090

What a turnaround, the PE writers have come back with full force and pushed the CE writers on the mat, all dips till 6056 is buy for the day…

Thanks & Regards

Anandha said...

Sanjay, sir great going. Perfect move. I think PE writers took control on Friday itself around 6000PE@64 levels.Price dropped sharply till 39 levels.

Chetna Jethi said...

respected sir, is fast fall setup still valid?

Ilango said...

@ Chetna Jethi ,

Prices closing above 5 dsma will weaken the set up.

Prices closing above 20dsma would negate the set up.

Chetna Jethi said...

a running correction.......

DR.SGM said...

Dear sir,the fall from 6049 to 5973 consists 3 wave structure.but without making 5 waves,market reversed.how do one has to look at and digest this kind of reversal?

Prabhanshu Raman said...

Inhs in 5 min nifty spot chart. Break down below 6072 with tgt at 6048 sl 6085

Prabhanshu Raman said...

Apologies, typo error...its hns pattern and not inhs

Ilango said...

@ DR.SGM,

In the shorter T/F, truncations & running corrections abound. It is a challenging task. You manage them using regular technical analysis at such junctures as well as risk-reward considerations to take a decision to close your trades or initiate aggressive trades.

Post a Comment