Wednesday, January 15, 2014

Nifty Intraday Update-I


24 comments:

Ilango said...

A 5-wave would be done now from the lows of 6234(14.01.14) around 6305.

The high of that "5" would be quite critical, being formed @ the cluster resistance zone.

anmpatel said...

wkly and mnthly data not updated in TT.

thanks.

shree said...

Master,
As technicals shown on y.days close...(below HEMA close) today short taken @ 6280 spot....which is DHEMA +20....is this a right trade?

Ilango said...

@ shree,

If taken @ 6287 which is 6267+20=6287, SL may be 6307, also a few points above the 5-wave scenario.

Ilango said...

Last rise is from 6274 to 6304; hence,

6289 6285 ... is 50%-61.8% retrace of the last rise from …… 6274 to 6304

80% is - 6280

If strength to return again, it should be around 6289 6285

Weakness gets confirmed Below 6285 OR 6280

Ilango said...

A wave seen from yesterday's low of 6234 to 6304; hence,

6269 6261 ... is 50%-61.8% retrace of the last rise from …… 6234 to 6304

80% is - 6248

If strength to return again, it should be around 6269 6261

Weakness gets confirmed Below 6261 OR 6248

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, Pivot-6263, R1-6283, R2-6309, VWAP-6293

The PE writers back in Action with 6200 Level more or less secured for the Series, Buy all Dips till 6276NF is held…

Thanks & Regards

dharmu mishra said...
This comment has been removed by the author.
dharmu mishra said...

respected llango sir
seeing the rise of 6234 to 6304
can we think of subwave (ii) turning into an irregular correction
January 15, 2014 at 11:04 AM

shree said...

thanks master....I will take SL @ 6314 ..80 %......little big but ok if 5 wave completion is here

anmpatel said...

sensex breaks the 80% 21199...from 21331 to 20625..
for nifty 80%comes at 6314...

jnsar long
ND sir's atr range break out at 6293...

"sit tight" is very hard!!!

hari said...

@anm patel

Could you pl share ND sir; atr file to my emaild id hariharanpandiyan@gmail.com

anmpatel said...

hari

its auto update web

http://niftyrange.in/

Trader Junkie said...

a bullflag on 5 mins nifty spot. Breakout above 6304 (but better consider top at 6304 than 6300 since that would then indicate 5 waves subdividing) target 6320. That would just be above 80% retrace of the fall from 6358. There is a silght hint of MACD divergence, but only slight.

anmpatel said...

@hari
my pleasure. .

thanks to ND sir and MASTER....our inspiration. ..

Nifty Trader said...

Daily MACD will also trigger up today. So all the reason to say long in Nifty.

shriram said...

@ Nifty Trader.

Thats a v good pt !

Trader Junkie said...

the BF has triggered !

vksoni said...

resisted at pre market 6317

Kiran said...

can nifty do +100 today.

anmpatel said...

does anybody know marketcall.in link which shows OI update live?
pl share it.
thanks.

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