Wednesday, January 1, 2014

Nifty Intraday Update-II


16 comments:

Raghavendra said...

Dear Ilango sir,

Thanks for reloading the BN charts.
On a side note : Today's charts and TT on Nifty are a little brighter than previous days - quite clearer now

dharmu mishra said...

respected shriram sir
thanks a lotttttttttttttttttttttttttttttttttttttttt
for such indepth way of practical approach
thanks

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 1:00PM, Pivot-6358, R1-6377, S1-6336, VWAP-6356

Same range bound low volume move on, waiting for the festive season to clear out to take decisive move, till then be stock specific…

Thanks & Regards

anand said...

Today is really low volume day- Not even 14 Lacs NF traded till 1 Pm (Was just 12 Lacs till 12)I wonder if any other day in last one year matches this level of volumes apart from those on Muhurat or special sessions.
Good ground for developing patience....:-)

shriram said...

@ Dharmu: Observe Master, that is enuf :-)

@ Anand : opportunity in every situation... writer's paradise ;-)

anand said...

Yes Shriram ! Others will only test their patience for how long can they sit thru these before throwing the towel..:-)
Lesson learnt : Go for fishing in holidays... Follow the trend - next year!

Raghavendra said...

Dear All,

Intraday 5 min chart for today looks quite similar to yesterday's intraday chart,

anand said...

@Raghavendra,
Yes !
And NS is acting also like that only....with even smaller range!

satheesh said...

Tatamotors breakdown below 376 - rising wedge/Bearish Wolfe Wave Stoploss 378 - 50 DMA/ rising wedge breakout

satheesh said...

Correction - 378 - 50 DMA/Contracting triangle breakout - Hour TF

Pattern Trading said...

Nifty is forming a small triangle of 60 points in half hour chart .. breakdown below 6290 .. breakout above 6325

Raghavendra said...

@ Sam ( Pattern Trading ),

Request you let me know if the 30 min chart pattern from Dec 24th to till date look like a Diamond pattern ?

Pattern Trading said...

Dear Raghavendra

For diamond mid point low should be below 6262.. but in this case we have a mid point low at 6273.5 ... So it looks more like at triangle to me ..



Pattern Trading said...

I am speaking about book type pattern diamond pattern ..It dose not looks like diamond to me in first go .. :( I may be wrong here

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