Thursday, November 7, 2013

Nifty Intraday Update-II


33 comments:

nath said...

friends ,earlier google finance used to update tick by tick,for the past couple of weeks auto refresh is bit delayed. Anybody facing similar problem and any solution.

mynac said...

After Noon Everybody...
@nath,
yes..

mayank said...

Sir,

Any particular reason for not getting 3.3.(iii) back in hourly chart. Is that count not viable now ??

Regards

Prabhanshu Raman said...

Thanks alot Raghavendra. I have one more query. I was short and was expecting/looking for 6180 (61.8% of rise from 6079-6343) to go long. But nifty took u-turn from 6207 and rallied (and seems (i) of 3.3 started. In this scenario I closed my shorts at resistence level mentioned by Sir but couldn't change my position from short to long.
My query is how to deal this kind of scenario?

DR.SGM said...

It is a tug of war between IT and Banks.

Prabhanshu Raman said...

Sir, please vailidate my counts (Nifty 5 min chart):
5 waves from 6207 - 6289:
(i) 6207 6225 (18)
(ii) 6225 6210 (15)
(iii) 6210 6279 (69)
(iv) 6279 6265 (14)
(v) 6265 6289 (24)
a 6289 6259 (30)
b 6259 6279 (20) (close to 61.8% of a)
c 6279 xxxx (if a=c, then c shd end at 6249 which is 50% of rise from 6207-6289)

Ilango said...

Bearish:
6275 6291 ... is 50%-61.8% retrace of the last fall from …… 6343 to 6207

80% is - 6316

If weakness is to return, it should be around 6275 6291

Strength gets confirmed above 6291 OR 6316

Bullish:
6248 6238 ... is 50%-61.8% retrace of the last rise from …… 6207 to 6289

80% is - 6223

If strength to return again, it should be around 6248 6238

Weakness gets confirmed Below 6238 OR 6223

shiva said...

Sir , today's spike move up and down, will come under which wave count...Jnsar again on short side..
regards

Kumar said...

@ NEVER GIVE UP

Thanks a lot for your alert...

Ilango said...

2.00PM TT & Chart Updated.

Badri said...

What is happening in the market????????

RS said...

@ Badri,

Nothing new !!!

Prabhanshu Raman said...

These movements to remove weak people from trades and get their money.

bizagra said...

sir..seems that was irregular abc...now 3rd down started??thx

NK said...

Hi Sir,

Can you please confirm the hour channel bottom at 6200-05?

Tks

SKS said...

S&P downgrades India to Negative

Ilango said...

Bearish:
6233 6244 ... is 50%-61.8% retrace of the last fall from …… 6280 to 6186

80% is - 6261

If weakness is to return, it should be around 6233 6244

Strength gets confirmed above 6244 OR 6261

Prabhat said...

:) waiting for Jaiswal sir's comments of saying - conditions reversed - bulls tricked. its bears all the way :)

Ilango said...

@ NK ,

It was 6205; now broken.

bb said...

No downgrade - only warns of downgrade post 2014 elections

Khem said...

Hi IIlango sir,

Kindly provide me access to JN group so that i can access tech table.

Thanks,

mayank said...

Sir,

In TT 2 pm low and close are different from google's low and close .
Low is 6230.1 and close 6233.4

Regards

NK said...

Thanks for the confirmation sir

Ilango said...

@ mayank,

I took it from NSE-TAME.

yatin soni said...

@ Illango Sir,

Can we start buying now??

rose mary said...

Ilango Sir,

If nifty close above 6180 and below 6232.... should carry shorts?
I am asking this, because tonight ECB meet, rate hike/reduction may impact our market opening tomw. Last time nifty opened big gap up i guess...

May be lowering quantity to half is good idea? Just asking your opinion on how to deal these kind of situation better!

shiva said...

JNSAR..south journey started with a bang..

dharmu mishra said...

rajvendra sir
which wave is in play in hrly charts considering todays play in EW
sir is it 3(3)iii
pls confirm or give ur valuable understanding
thanks

Kumar said...

now 6200 Call writers slowly coming...and we are reaching hourly oversold...

Kumar said...

Thanks a lot for your retracement level and all your commentz during market hours ...

Vaalga Nalamudan & Valamudan

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