Wednesday, January 8, 2014

Nifty Intraday Update-III


74 comments:

SKS said...

hello

Anybody there??

anand said...

@SKS
Flat correction going on...! People watching it and sitting thru it with patience :-).

SKS said...

thank god u are there anand
I thought I was left all alone

Prabhat said...

I was thinking maybe the blog is not updating the comments....

sometimesbullsometimesbear said...

All having nish saaapaad....Jamva gaya che....Jevun yenaaar....khana khane gaye hain.....oooota....lunchieeeeee...:):)

anand said...

You are never alone! Who do you think posted this new chart and updated TT?

Aly said...

@SKS

less market movement = less comments :)

shriram said...

--> back

trading > Dev.DloEMA & Days candle forming a Hammer / Reverse Shakeout bar .. needs EOD close near 6190

Aly said...

@ anand

well said

SKS said...

Now its alive and kicking

marina s rao said...

6193 is resistance for this up move. 0.618% retracement of fall from 6222 to 6145 ?

New Day High @ 6192.10.

Aly said...

any correction may possibly start tomorrow morning as by that time indicators would have probably zoomed up significantly

SKS said...

No reference to Sir he is OMNIPRESENT

anand said...

Jai Shriram,
" needs EOD close near 6190 " => for Bulls ?
Why leaving the trend half way...not closing <6145? :-) Rest you are the Boss !!

Prithvi Raulji said...

Me too alone
Waiting for 6245

Aly said...

* correction implies downward movement

Trader Junkie said...

5 waves done at 6192 ? @ Sir ?

Ilango said...

6183 6180 ... is 38%-50% retrace of the last rise from …… 6168 to 6192

80% is - 6173

If strength to return again, it should be around 6183 6180

Weakness gets confirmed Below 6180 OR 6173

Prithvi Raulji said...

Green label vs red label

raj.abj said...

good afternoon members,

correction means i couldn't understand this....
is it for up or down .please clarify it..

shriram said...

@ anand:

all possibilities open.. just stated 1 scenario :-)

nakshatra said...

@sriram could be inside day bar and doji today what u say ?

Raghavendra said...

@STBSTB,

Good one....

shriram said...

@ SB:

u being a JNSAR man, shud hv higher budgets for sure..
was thinking u mus b a Glen-fiddich man ... ;-DDdd

anmpatel said...

Hello friends
tomorrow's developing HA open is 6191 if close above it mild strength.

shriram said...

@ Nakshatra..

will know EOD only.. @ bare min. bulls need close > DLoEMA .. bears will be happy as long as NS is below that.. Day/Wk still down

Trader Junkie said...

1 - 6165 - 6181 (16 pts)
2 - 6181 - 6168 (13 pts)
3 - 6168 - 6188 (20 pts)
4 - 6188 - 6181 (7 pts)
5 - 6181 - 6191 (10 pts)

anand said...

@SKS
See how you one call has brought out everyone..!!

@Anmpatel :
A Closing above DLEMA (6178 now) would also call for covering some shorts, anticipating some strength ,as Shriram has already mentioned as one possibility?

cooldent said...

Shri ram

Cost wise blue label costs more than glenfiddich

anmpatel said...

@shriram
ha..ha..
i will be happy with wet 69 or 5 teachers or more with bulldog..

ye Glen-fiddich to pehli baar suna...

Chetna Jethi said...

@traderjinkie.....does that make it a traingle as in ABCDE??? have a re look

SKS said...

ONLY DIET WATER ALLOWED HERE

anand said...

@anmp :
Wet 69 ? Naughty!! :-)

Single Malt is topmost like JN and You guys !!

shriram said...

@ cool: is it? wow.. send me 1 bottle pls , compliments JNSAR ;-)

anmpatel said...

@anand
there is no loss in profit booking....all the best....me stick with JNSAR with remaining lot....

anmpatel said...

@anand
will post HA daily chart after EOD for more reference.

sometimesbullsometimesbear said...

@Shriram wary of mixed stuff frm retail outlets.....Single malt is of course da ultimate...:):)

anand said...

@Shriram,
LoL !!
Hope Master won't mind these Curvy jokes in a FLAT Market ! Now 30 minutes for the game...
Can be Cat on the wall ? (Long time not heard this phrase here !)

Prithvi Raulji said...

Cool dent,
Send me too, I m in Ahmedabad
Nearest from Baroda

Prithvi Raulji said...

@cooldent
Do u have dental business???

sometimesbullsometimesbear said...

@ampatel Glen fiddich Glen morangie baddha single malt stuff che..........ultimate...

Amitbhai ne dial karo.....manage karse...:):)

anmpatel said...

@shriram
for any brand i am sure it will cheaper at Mumbai, than ahmedabad or baroda...
so u should send to me and cooldent...ham dono saath me enjoy karenge.....agar aap aa jaye to khub jamegi jab mil baithenge hum 3...

right cooldent??

shriram said...

@ SB :-)

Bulls unable to break away from DLo ... thats the latest signal

anmpatel said...

fast fall activating below 6180 with 34,144EMA in 5min chart...

nakshatra said...

Clearly going for Inside Bar closing today

Prithvi Raulji said...

@ amnpatel @ some bull @cooldent

Yaar mane pan bolavjo
Hu pan koik diwas pivdavis

Nilesh said...

@ sir,

if close above dlema and 5d reach around 13 , so should we close our short?

anmpatel said...

@shriram
yes.......still today's HAopen and HAhigh same 6203.2...not broken.....

shriram said...

@ Anmp:

Fast fall w.o OTM PE liquidation is rare.. not likely today

anmpatel said...

@Prithvi
where do u stay in ahmedabad?

Raghavendra said...

Hour TT turns completely Green @ 3 PM , by closing above HHEMA.
Fight on for DLEMA closing. Breaks 80% retrace @ 6173.

anand said...

January First Week-> Premium reducing to 20 pts now itself !
Vix Holding high above 16
NS closing <50 DMA
FIIs selling,
Closing below DLEMA (today also?)
Increased PE OI on 5700-5800,
JNSAR Down and HR SAR whipsawing for longs..
Well- so many markers..

dharmu mishra said...

respected shriram sir
can we say this is start of wave iii in downside and flat correction is done

Ilango said...

@ Nilesh,

"If " -- closes above DLEma, downward momentum is weakening. There are few times, this signal showed a whipsaw.

You could part book. Week trend remains down.

anmpatel said...

@shriram
i am not good at OI it's very confusing to me...

i was just telling based on EMA's..
and yes..5min chart dosent take any count when one is positional with day JNSAR...it was just for study.

Chetna Jethi said...

average close below dlema???

sometimesbullsometimesbear said...

I am reminded of that advt where the guy keeps asking about the name of a flower because he has forgotten his wife's name.......:):):)

Aly said...

now 6170 is the support for the lower trendline from 6144 low

anmpatel said...

@anand
add one more marker...HA candle also red with open-high same...only it shows is today body is small so might be downtrend is weakening...

anand said...

@Chetna Jethi
Right now 6180 but considering the fall, we may expect so...unless another pull back happens...
Will update at 3:25 !

Prithvi Raulji said...

@anmpatel
Krishnanagar

shriram said...

@ Dharmu:

Lets follow Master's EW labels.. as of now yes.. some sort of irreg. Flat may hv finished @ 6192

dharmu mishra said...

respected shriram sir
thanks

anand said...

Average Closing at 6177 now (2 minutes, 15 SMA on google finance)- Almost cat on the wall?
Staying below 6175, can close NS near 6175 in last 5 minutes?

Aly said...

Dear sir,

another 5 wave ended at 6169 / ending ?

anmpatel said...

if close around 6176...tom HA open would be 6190..

Ilango said...

@ Aly,

The current fall started from 6189.70 and "one" wave done @ 6169.05.

prakashbkc said...

Today in US FOMC minutes are releasing & as Tony sir chart S&P 500 is in minute b wave may be a sharp c wave appear which may put pressure in our market

Waquar said...

what is the dlema for today ?

anand said...

Thanks Master for this last minute update ..
Closing just below 6178 ? Bearishness remains....
but a 3rd wave tomorrow to breach 6145 becomes a possibility ? (Not Predicting here!)

shriram said...

Ok lets summarise:

EOD close < DlOEMA ... price rejected @ 34EMA,30m... OI is still showing the range is bound either sides

Bye ALL !

cooldent said...

Shri ram

Have posted striding man limited edition on fb wall. pricier than blue label

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