Monday, December 9, 2013

Nifty Intraday Update-II


31 comments:

Raman Kapoor said...

Does anybody think that confirmation of President's rule in Delhi (which appears likely) may result in a fall in the market.

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 1:00PM, Pivot-6297, R2-6349, R3-6402, VWAP-6405

The Bulls are able to hold onto the Gap, but unable to break free as the 6400-6500CE Writers are back in small numbers, Bulls need to build the base around 6300 to Launch itself into higher orbit…

Thanks & Regards

Piyush Sharda said...
This comment has been removed by the author.
Piyush Sharda said...

@aly,
we are already at new highs. i think now sell on rally for month shud be seen close to
end of month only

herry said...

dear sir nifty above 6373 can sab 4th wave done..?

mayank said...

Sir,

It would be very helpful if you could put stock TT files in googlegroup with fresh views after new high .

Regards

Raghavendra said...

Dear All,

Nifty sustaining above Month R1 so far for the day.

Raghavendra

Prithvi Raulji said...

@Herry,

Master also said that 5wave done from 6030 to 6415 or from 5973 to 6415.

suresh said...

is there a probability of ns touching 6340

suresh said...

since 1:20 ns is in range of 6364 & 6354: 10 pts

Prithvi Raulji said...

@Master,

As per weekly chart should we consider that 'B' wave will over now 6415 , and 'C' may commence nearly time??

Please

sarvesh sharma said...

@ prithvi raulji,,it can be a B any more

sarvesh sharma said...

2 prthvi raulji
as per my knowledge

Price Target for Wave B
Wave B in a zigzag correction mostly retraces 38.2% of wave A.
In a flat correction, this will be 100%.
A triangle correction will take back 90% to 100% of wave A.
An inverted widening triangle retraces commonly 61.8% of wave A.

mynac said...

Today's derivative final Bhav Copy will be very interesting.Present intraday NF O.I. addition is almost 30 lac,and total NF O.I. comes to 2.25 Cr.
Let us wait for Bhav copy,to see,whether it is short covering or fresh shorts @ higher levels.In both cases,the journey would be tough for much higher high.

Kiran said...

I was expecting big down for DLF. Due to it's connection to politics. It seems it is going up inspite of it.

Raghavendra said...

@ Kiran,

DLF : Closing above 160 is a break out of the triangle pattern.

Pattern Trading ( Sam ) has provided details here : https://www.facebook.com/photo.php?fbid=231617550347712&set=a.231617517014382.1073741833.141017202741081&type=3&theater

RS said...

@ Sarvesh.

You may like to google "irregular flat" as well

herry said...

dear sir nifty above 6373 can sab 4th wave done..?

sarvesh sharma said...

@ RS,i could not get to the tone of your comment

mynac said...

Earlier,Beyond 6300 was no man's land.Up to date,there are only 3 HVT's bet.6300 & 6400.i.e. @6330 on Muhurat tr.Day,and today's 6394.15 & 6397.75.

Raghavendra said...

Dear All,

Nifty is looking to log "Highest" ever daily closing today . Previous highest day closing were 6312 ( Nov 5th 2010 ) and 6317 ( Nov 3rd 2013 ).

Raghavendra

RS said...

@ Sarvesh,

Chuck it. No worries.

Cheers

Pattern Trading said...

Dear all

Hcltech trying to break out of range ..

Close above 1140 will be good for bulls

herry said...

dear sir today holding 6345 can bullish tomorow countinu...

sarvesh sharma said...

RS, sir, i checked it long back/...the wave structure from 5118..doesn't seem like a corrective B to me...it can be anything else...i am playing for the counts that sir labelled today in pre market view..i know that might not be the only possibility..but irregular flat doesn't seem to be the structure till now..the 5 wave up moves have been impulsive and corrections were bought swiftly..in fact corrections took time..this over all structure doesn;t look like a sucker B wave..rest markets are supreme,,i dnt mind being proved wrong..following sir and applying what evr iu could get into my tiny brains from him..thank you for cautioning me and making me look at the structure again...i did not mention the irregulars..sorry for that..

suresh said...

sir ji,
can you pl guide on methods to arrive at tgts

chetas said...

avg closing as of now at 6365, still 15 mts to go, looks like closing above previous all time high after 5 years:)

chetas said...

avg closing at 6363

sarvesh sharma said...

congratulations everyone on the highest ever closing and intra levels..quite an achievement

shriram said...

Best close ever.. bullish

Have a nice Day!

Post a Comment