Friday, November 8, 2013

Nifty Intraday Update-I


sudharsan said...

Good Morning Master and Friends

salildali said...

sir , any particular reason for using hr jansar value instead of day jansar value.

Prabhanshu Raman said...

Sir, I was looking at current week numbers for emas. Didn't know that we have to also look at previous week's numbers as well to under support and resistance.
Thanks for guiding. I am quite serious about trading and since a learner so might have missed few important points just like today.

Ilango said...

@ salildali,

The chart being updated is "Hour T/F".

Prices closing above/ below Hour JNSAR gives early strength / weakness indication.

Day JNSAR is removed because I change to the next day's JNSAR based on my observations and this lead to confusion among some of the readers who follow JNSAR in their own way. Seeing the changes effected shakes up their own discipline. We would prefer to avoid such distractions.

Ilango said...

@ Prabhanshu Raman,

Regarding Emas:

HEMa changes during the day depending on changes in the highs.

LEMa changes during the day depending on changes in the Lows.


CEMA (Close Ema or simply 5-Ema) changes only at the end of the day's close. Until then previous day's Ema is considered. (Ignore the changes shown in CEma during hourly updates)

sudharsan said...

Master 5th sub wave from 6289 is on?????

Ilango said...

@ sudharsan,

It could be the 3rd wave sub-dividing too.

Unless last fall is retraced above 80%, sub-dividing waves possible.

Ilango said...

@ sudharsan,

As long as 6140 holds, a bounce is on for the 6289 - 6140 retrace as suggested earlier.

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, Pivot-6262, R1-6304, R2-6186, VWAP-6210

The CE writers on Driver seat for the time being, with huge addition from 6200-6400 level and now 6300 looks like huge resistance, Sell on rise in play…

Thanks & Regards

Karthikeyan S said...

Shriramji and seniors,

Is there a +WW in 5 min chart?

prakashbkc said...

Master , any label for such type of correction?

RS said...

@ Karthikeyan,

Doesn't seem so...Shriram may be better judge ..

Prithvi Raulji said...


can we consider 6140 was now wave(c).
And new Uptrend start now??


suresh said...
This comment has been removed by the author.
Karthikeyan S said...


Thanks for your reply.

Prabhanshu Raman said...

Triangle in 2 min nifty chart. BO above 6168 (tgt 6194) or BD below 6156 (tgt 6130). Let's c

shriram said...

@ Karthikeyan:

suspect +WW , pt 5 may form near 6140-50 NS, St.WkEMA has to hold for this to be valid tho

1-4 tgts : 6180-6200 (after it makes a new low to pt5)

Aly said...

Dear Ilango sir and blogmates,

Can anyone confirm that Nifty took 27 candles for the upmove from 6079 to 6343 and has consumed 23 candles till now in the downmove

Karthikeyan S said...


thanks for your reply

Ilango said...

@ Prithvi Raulji,

It depends on day's close.

Presently "abc" correction seem to be holding above 80%-6132.

Hour TA shows +ve div.

But EOD has to be positive, atleast a close above "DLEma+WEma" for ST reversal.

suresh said...

ns if >6185, then bullish t1=6200: t2=6217 t3=6230

Prabhanshu Raman said...

Sir. .. Can You throw some light on ongoing correction? I don't know but does it look like flat correction?
a 6140 6185 45
b 6185 6152 33
c 6152 xxxx ongoing (if a=c then c shd end at 6197
But with my limited understanding current ongoing waves are not supporting above c wave

Veeru said...

dear sir;
can you please forward tech table to my gmail id. it is of good use while trading. thank you sir.

herry said...

dear iiango sir any cliaring for nifty sujest ..

suresh said...

sir ji,
please give me the link(method) as how to dnload the tech tab.
so that i can update it on regular basis.

suresh said...

sir ji,
pl give the link

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