Friday, January 10, 2014

Nifty Intraday Update-II


38 comments:

Prithvi Raulji said...

Weekly Trend Down,

Crane Strategy on Weekly

Sell on rise on Weekly

Today Last day of week than sell on rise

shriram said...

@ Anand:

Holding St.34DEMA @ 6201 & above 6221.30 NS prev Swing Hi,
bulls will try to hit the next Overhead Candle Res Cluster 6268-70 ...

Good levels to watch out

Nifty Trader said...

6220 is Daily High EMA as well. Longs can be held if EOD close is above 6220.

SKS said...

@ shriram

pl. clarify for jnsar traders. Filter of -20 on today's or Tomm JNSAR

anmpatel said...

@master
tom banknifty dev jnsar pl.
thanks in advance.

anand said...

Thanks Shriram
Your eyes are getting stronger ! Beauty is that we may look at different approaches, and when many converge at same zones or levels, confidence should grow.
Lets now wait for bulls comeback.....else...

shriram said...

@ SKS:

no idea on JNSAR trading, pls ask STBSTB, Piyush or Cooldent

vksoni said...

sir,
is it time correction holding 23% 6204?

Squander Star said...

Anand

Else.... Let the prices decide and patience prevail.... Good one mate

anand said...

@SKS
You have taken trades on JNSAR earlier.. Use that knowledge buddy ..Keep it simple.. Dont worry about whipsaws!
20 pts is from your entry and even if you have taken at 6221, its not yet stopped!

Yash and Dhan said...

Good morning,
JNSAR for today = 6221, If hit today SL 6200
If hit today then tomm SL - 6186.
the SL increases by 14 points.
But we take it to increase the chances of our trade surviving.
Thanks

SKS said...

@ anand

Thanks a lot

shriram said...

@ Anand:

yes.. the 6k PE sell trade was one such.. price need to conquer the 34DEMA today.

Thats a must as price has closed3 sessions below the level.. v imp to watch EOD

SKS said...

@ Yash & Dhan

Thanks

satheesh said...

CLICK HERE Tata Motors Hour CHART Update

Diamond pattern breakdown below 365 - breakout above 370
If breakdown occurs - then it favours the Bearish Wolfe Wave pattern. Elase Channel/Diamond pattern BreakOUT - 370

shriram said...

Master,

To EW eyes... 6140-6223 seems 5waves sir ?

Are you seeing the rise as "C" of a small Exp. Flat or a new A/w1 up ?

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, Pivot-6183, R1-6205, R2-6226, VWAP-6207

Huge addition at 6200-6100PE Level, a Dip towards Daily VWAP is a buy with reversal below VAH at 6192…

Thanks & Regards

Aly said...

Dear Ilango sir,

Any weak below levels apart from the usual ones at .618 and .8 retrace levels?

anand said...

@Aly, Shriram
After the swift upmove, is NS Making a bull flag in 2 min/ 5 min t/f (at half mast) or a pennant?

shriram said...

@ Anand:

To simple eyes & seeing Options OI.. YES. waiting for master's reply now.

Cu after sapaad, Bon Appetit !

Aly said...

@anand: to me looks like bull flag

Ilango said...

@ anmpatel ,

11123.

Ilango said...

@ shriram,

Yes, 6140 to 6223 was a 5 wave ; now, followed by a shallow "abc" completing @ 6204.

Ilango said...

@ Aly ,

Weak below "6204".

Aly said...

@anand another important thing is whether JNSAR has been decisively broken to the upside. will wait for a 5-min candle to close above JNSAR

Prabhat said...

@Master: Really wonder how accurate your levels can be... I guess there is nothing to compensate for wisedom & experience.

Prabhat said...

I sense reverse as per Jnsar. Going long with SL of 6200 NS.

anand said...

USD at 61.86 ! Vix down to 15.5...
NS need to break 6225 decisively...Now weak below 6207 and more strength above 6240 (20 pts +DHEMA) and resistance zone there ?

Raghavendra said...

Developing day high EMA = 6225

Muthu Thamizhini said...

HI
anybody observed the apollo tyres put as well as futures both rising at the same time?

prakashbkc said...

GA Master,
Can we take 6415 to 6130=A ; 6130 to 6358 =B & 6358 to 6140 =C AS Flat Correction ?

Ilango said...

@ prakashbkc,

Such a possibility has been discussed; and the "c" being shorter than "a" gives bullish undercurrents.

sometimesbullsometimesbear said...

Ur trading system should b consistent.

If u r using the next days JNSAR for today, then use it consistently until RIP.

If u r using filter on the next days JNSAR for today then use it consistently until RIP.

Do not keep changing ur systems.

Do not keep hopping from system to system.

Have a great day!! :):):)
Luv.....

Ilango said...

6224 6220 ... is 50%-61.8% retrace of the last rise from …… 6208 to 6239

80% is - 6214

If strength to return again, it should be around 6224 6220

Weakness gets confirmed Below 6220 OR 6214

herry said...

dear sir start of C...?

dharmu mishra said...

respected llango sir
you said
@ shriram,

Yes, 6140 to 6223 was a 5 wave ; now, followed by a shallow "abc" completing @ 6204.
can we expect next up move after this correction completion

anand said...

Wow ! Now week trend-> Range expansion has its own colors !!!

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