Tuesday, December 3, 2013

Nifty Intraday Update-II


24 comments:

herry said...

dear sir yesterday higher high 6225.50 and today 6225.40....?
iregular B done and start for wave C....?

nissan deka said...

nissan deka said...
guys b careful on BNS. I had stated yesterday that BNF was highly highly OVERBOUGHT. please have a GOOD LOOK at the BNS formations of today. seems 2 me that we r headed towards 11070. it virtually seems like a BIG HNS formation 2 me

herry said...

dear sir hour jnsar 6211 is long...side...?

herry said...

morning you said 6206-6201 below weeknes..

shree said...

NS/BNS.....touched 200 min sma....taking support....

Chetna Jethi said...

5 waves from 6225 done at 6198???

Chetna Jethi said...

time frame is 2 minutes

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 1:00PM, Pivot-6251, S1-6228, R1-6287, VWAP-6247

Fear Factor VIX has increased by more than 20% in the last 4 days, with the Market Participant willing to pay higher premium for Options in anticipation of huge swing post Election Results…

Thanks & Regards

Ilango said...

1.00PM TT & Chart Updated.

herry said...

dear sir hourly jnsar is long-short...?

cooldent said...

herry

last hour closing was above or below hr jnsar?

Prithvi Raulji said...

Can anybody tell me about VIX,

If Rising than whateffect on nifty?
If Falling than what effect on nifty?

cooldent said...

Prithvi

Volatility Index is a measure of market's expectation of volatility over the near term. Volatility is often described as the “rate and magnitude of changes in prices”

Rakesh said...

@Prithvi Raulji,

In short VIX and Index move opposite to each other. VIX is basically fear index of mass.

~Rakesh

Aly said...

@Rakesh,

Cooldent is right when he says market maynot move opposite to Index. VIX is just a measure of how much people are willing to pay to protect themselves from sudden market movement in opposite side

Aly said...

whats with 6208.3? resisted thrice in last one hour

Rakesh said...

Ohh..my bad then.

Thanks Aly and Cooldent for sharing details.

Chetna Jethi said...

corrective abc done at 61%?? for move from 6225-6198??

Shyam Biyani said...

@sometimesbullsometimesbear & other experts,
I am interested in learning Option Greeks. Shall be oblige if you could guide by posting hints here or JNGroup?
Thanks in advance

chetas said...

@Prithivi ,

Lets see from chart what has happened to Nifty and vix , we will also see how the close above upper bolinger band / lower bloinger band gives a signal .

1. on 28th aug (wed, F&O week) NS low at 5119, and close at 5285. Lower Bb of NS at 5238, so we went below lower Bb but closed above it. On the same day Vix hit a high of 36, open low same at 29.42 and closed at 32.38, above the upper bolinger band around 31.55.

The next day Vix closed at 29.41 below the upper bolinger band which was at 32 levels and NS closed at 5412, much above the lower BB and rallied almost till 5925 on 11 sep till it closed above upper BB ( after that it never closed above upper bolinger band and Vix almost inversely mirrored the action )

by following VIX and NS and upper and lower bb you get some idea whats is happening at the extremes





1.

Prithvi Raulji said...

@ Rakesh/cooldent

thanks

chetas said...

Continued..
Yesterday Vix closed above upper bb, at present VIX is rallying above the upper bolinger band ,

whenever Vix closes below the upper bb, it may give a signal to go long, but please look also for other technical confirmation

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