Thursday, November 28, 2013

Nifty Intraday Update-II


36 comments:

herry said...

dear sir 6030 to 6073 (i)
6073 to 6047 (ii)
6047 to 6113 (iii)
6113 to 6097 (iv) 23.6% (6097) ...wave 4th...?
done....?

suresh said...

ns if breaks 6090 then can
go to 6075/60

Hemant Harke said...

My guess flat close below 5 & 34 day ema
6050

Ilango said...

@ herry

If 6095-90 is held, iv is completed and a vth towards R3-6121 approx.

Kumar said...

My expiry guess @ 6180 10 DEMA

Raghavendra said...

@ Kumar,

Developing 10 DEMA is 6085

Raghavendra

herry said...

ok thanks..sirji..

sometimesbullsometimesbear said...

The best day and time to rollover......I mean Nifty.......not what u thot....Naughty....:):):)
Any insights?

jvr said...

@ vksoni

My guess 6121 golden ratio of the resent fall.

Kumar said...

Oh ....typo it is 6080 not 6180 ...

My expiry guess @ 6080 10DEMA....

Thanks Raghavendra

ankita said...

its a big event by master today, it means something can happen rapidly.

suresh said...

ns @ 6099.
signs of 6090 breaking seems visible,
but wait and watch

ITradeForProfit Daily said...

Expiry guess...

5955 Reason : NR7 day yesterday. Nifty unable to cross day's high for last 3 hours on expiry day. Expecting bears to breach ND Sir's ATR breakdown target.

salildali said...

Expiry will be at 6060 at around DLEMA

ram said...

NIFTY will close @ 6196 NEAR THE hema of the month.

CDG said...

Nifty might expire around 6007 today (i.e WLEMA) so that it can make an attempt towards 5909 tomorrow (MEMA)

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 1:00PM, Pivot-6065, R1-6092, R2-6114, VWAP-6109

Will the 6100PE writers be tested? A move below 6080NF can see huge cascading effect, till then we can safely assume an Expiry above 6100…

Thanks & Regards

srinkr said...

@ vksoni

My guess 6161 as per volatility.

Raghavendra said...

@ ITradeForProfit Daily,

Yesterday was NOT a NR7 day. Counting from 19th November , yesterday's range was 43.7 points. To qualify for a NR7, yesterday's range should have been < 32.2 points ( 19th November ) but it wasnt the case.

Raghavendra

Rakesh said...

GA Sir,

I've one doubt .. why you're not giving any importance to week's trend at this point of time..as in one of your's last week comment you've mentioned that week' trend started at 2:30 pm. (on thursday). The week's trend should come into picture before month's trend. Isn't it..

Thanks,
Rakesh

ITradeForProfit Daily said...

@Raghavendra,

You are right, i concede.

However, that one has had its effect already on following days with a 97 and 137 point range.

So yesterday's low volume narrow range coupled with today's expiry could be treated as one, and I am expecting volatility based on that.

Viji said...

I think the expiry will be at 6081 WEMA.

amber said...

Expiry @ 6126 i.e DHEma + 20

Swami Shivkumaar said...

Expiry will be around 6105 DHEMA

suresh said...

expiry around 6060: based on cams calculation

Raghavendra said...

@ ITradeForProfit Daily,

No problem sir....i track NR7 and ATR quite closely..and hence jumped on immediately :)

Raghavendra

Kiran said...

My expiry guess 6150,
6150 CE OI Addition not match with 6100 PE OI Addition. PE writers will make sure they are safe by good margin.

Shiv Kumar P P said...

My Expiry guess is 6164... 80% retrace of the fall ... moreover huge addition in 6100PE.

Ilango said...

@ Rakesh,

Last week started with "week trend turning down" and we expected its effect and it did asserted itself and the week ended "Down".

This week also happens to be the last week of the month as well as last day of the month. This month started with weekly trend gaining momentum. However, since week & day were at OB zone, the "Intra month correction" started from 6343 towards earlier low of 5972. When prices reached 5973, the ST(Day) reached Oversold zone and Nifty is "bouncing off the supports".

Month trend is bigger than week. Hence, the preference to month.

Market can choose to act differently too. We'll be watchful of prices.

sometimesbullsometimesbear said...

ஏன் எல்லோரும் தீவிர ஆகிறது.......தளர்த்து....:):):)

Kiran said...

Put on seat belt, NIFTY flight will take off soon.

Stockathon said...

@ SBSB

காலாவதியாகும் நாள் நடுக்கங்கள்
:)

Mukesh Honest said...

sri v k soni ji, mera expiry guess 20 day ma ke aaspas hai jo abhi 6135 hai so kirpya mera number -10 karke 6125 likh le

Prithvi Raulji said...

@Master.

Monthly close calculate on tomorrow or on Monday??

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