Monday, November 25, 2013

Nifty Intraday Update-II


28 comments:

Prithvi Raulji said...

Looking at the FII figure not attracted for sell side, they sare till in buying at lower level

Prabhanshu Raman said...

Hi, can any one confirm that ongoing price action seems like bull flag in higher time frame, say 15/30min??
I am not able to validate as I can see only intraday chart in mobile and no access to sites in office.
Pls confirm

chetas said...

@ prabhanshu raman,

yes looks like a bull flag in 5/ 15mts chart pole height 5973-6095, if the the retrace does not go below 6050, will be good, break out above 6075 NS, 6090 NF, (5mts ).

Prithvi Raulji said...

@Prabhanshu Raman,

Yes, it is Bull Flag

chetas said...

@ Prabhashu , also looks like a Sloping INHS, not sure whether such a pattern exists :) just counting my luck for big sapad

sidhu said...

Hello friends ....
new to this group

shriram said...

GA Master & JN Family,

Hi-prob Bull Flag / +WW forming on intra candles... if stays, above 34DEMA

Tgts: 6090 / 6120 NS

Sonu said...

@Shriram Sir,

34DEma @ 6070. already broken

herry said...

dear sir today high 6096 is 52% from 6212 to 5973 ....so ..?

Prabhanshu Raman said...

Hey Shri...where were you. .. Was about to ask about you and dharmu..
Wats the value of 34dema..tt above tells 6070..

herry said...

bank stock not bearish ...

Ilango said...

If it is a zizgzag correction, it should hold intraday low @ 6057(DEma-6058).

herry said...

dear ilango sir ji plz last update 1time...repeat

Chetna Jethi said...

respected sir, you said zigzag show growing counter trend..this time the trend is bullish and this correction if zigzag already shows growing counter trend ..and if breaks day's low, should be the stoploss of longs taken intra and other wise...is it the right way to interpret this situation?

Chetna Jethi said...

has this zigzag has come in the form of 5-3-5?

Ilango said...

@ Chetna Jethi,

Current trend in week & Day are bearish; hence, bearishness remains in the form of "Zigzag" correction.

"6020-35" may be the SL for longs or day's low-6037.

herry said...

can bull move...?

herry said...

look bankstock hot...

shriram said...

@ Chetas : :-)

@ Sonu , Prabhanshu : 1st RES zone now 6110-20 NS
uske upar pole length gino


vishnu said...

Today's JNSAR 6112

Prabhanshu Raman said...

If this is 1st wave then think of 3rd wave. ..
Shri. .if pole to be counted then. .6200+ :-)

chetas said...

shriram,

what is the reason behind calculating pole length above 6110, why not above 6095 ?

any way above 6112 JNSAR dil mange more

Post a Comment