Monday, May 26, 2014

Nifty Intraday Update-I


34 comments:

shriram said...

June contracts ... 7500 CE is the most significant RES as of now

marina s rao said...

Day Low : 7428.55 Day High : 7464.85 Range : 36 Points Day Pivot : 7347 Hour Pivot : 7445

NS well above HKN ( Hepta Kilo Number ). Currently hovering around @ 7460.

Day Pivot's Resistance1 cluster @ 7414-35 turned as Support.

Crossing Day High @ 7464.NS's next Destination will b 7478 i.e. Day Pivot's R2.

NS in BAH mode.

Strength continues till above Hr. Ema @ 7389.

BAH = Buy And Hold

Hepta Kilo Number = 7000

Sujatha said...

GM sir nd friends :)

Sir - Kindly post me BANK NIFTY FUTURE sofar HIGH and SBIN FUTURE so far HIGH (at ur free time)

thanks nd regards

Ilango said...

@ Sujatha ,

BNF: 15787.20

prakashbkc said...

I think till July NiftyJNSAR is not going to be hit on downside ..........

ITradeForProfit Daily said...

Quoting from ND Sir's ATR site

Last traded price : 7,469.45

Breakout occurred above 7466.3

Breakout target : 7614.55

Num Char said...

Sir ,

reposting ..curious to understand objective interpretation ..

************************************

What price behavior made to remove the red ''b' and 'ii' from the chart , we haven't closed above 80% though we might .
Seeing the 500 point fall on 16th , 'b' pull back will have impulse characteristics, expiry this week , heavy OI ahead at 7400 and 7500 .

Prabhanshu Raman said...

Sir, do we need to consider counts from 7331 or 7300 or 7367?

prakashbkc said...

GM Master,

Any view on HDFC Bank as it is trading near its 10 DEMA?

Ilango said...

@ Num Char,

Whenever stochastics turns up midway during corrections in a strongly trending market, the rise is expected to be substantial. Hence, I removed the "b" to stay focused on the (iii)rd.

Besides, look at the channels drawn in EOD's RSI chart and how prices were consolidating in a mid channel, waiting to move to the next uptrending channel.

krish pm said...

@Master,

I am also Curious to know the valid points to negate the red ''b' and 'ii' from the chart

Sonu said...

20Lacs addition in 7400PE. Seems level sealed till expiry
http://www.niftytrader.in/nifty/nifty-live-change-in-oi/

Ilango said...

@ Prabhanshu Raman,

Waves are sub-dividing from 7301. If resisted near 80%-7477, I would consider the rise from 7306.

Sujatha said...

thank u sir

and can anybody please who's trading SBIN FUTURE - pls. post SBIN future HIGH sofar

Num Char said...

Thanks Sir !!

You have great eye to decipher minute changes and your channel drawing is an art . I haven't paid much attention to middle channel .
Kudos !!

cooldent said...

Sir typo?

Waves are sub-dividing from 7301. If resisted near 80%-7477, I would consider the rise from 7306.
May 26, 2014 at 10:55 AM

Prabhanshu Raman said...

Sir, is it like,
7300 - 7323 as 1
7323 - 7306 as 2
and then waves are sub dividing as in 3?

cooldent said...

Sis

2833

I dont trade sbin futures :)

Ilango said...

@ Prabhanshu Raman,

The first from 7301 ended at 7325.55; the 2nd retraced to 7306.25;

From 7306.25, waves have sub-divided in 5 sub-waves till 7476.

sometimesbullsometimesbear said...

@Astro...huge astro move in June.....

Jupiter moving into exaltation in Cancer on June 19.

Until November, both Jupiter and Saturn are exalted in Cancer and Libra respectively.

One in our lifetime event....:):)

Cheers.........:):)

Prabhanshu Raman said...

75ce - 12lacs addition

shriram said...

@ Prabha: tats 75 PE May

Prabhanshu Raman said...

Oh sorry.....jaldi jali mein typo.. :-P

sometimesbullsometimesbear said...

@Cabinet berths out..... Jaitley the new Stock Market Minister.....:):)

Prabhanshu Raman said...

need one fall atleast to enter.. :-(

SJkolkata said...

SBSB,
What according to you is the significance of this astronomer move,
Thanks and regards,

marina s rao said...

Day Low : 7428.55 Day High : 7489.90 Range : 60 Points Day Pivot : 7347 Hr. Pivot : 7464

NS well above HKN ( Hepta Kilo Number ). Currently hovering around @ 7480.

Day Pivot's Resistance 2 @ 7478 turned as Support.

NS continuing in BAH mode.

Strength continues till above Hr. Ema @ 7418.

BAH = Buy And Hold

Hepta Kilo Number = 7000

sometimesbullsometimesbear said...

@SJK....JNSAR system trade karnewale khud hi experience karenge na.....:):) 6757 se long hai JNSAR waale..........Mere bolne se kya hota hai......:):)

In March Jupiter went direct from retro motion in Gemini and look what happened....:):)

Ye brahmand aur market ek hi lakshmiji chalate hain...hum tho sevak ki tarah follow karte hain...:):)

shriram said...

June OTM CEs are not liquidating in face of rise...

suggests upmove to 8000 may be interspersed with period s of sideways action next mnth??

manas trivedi said...

@ Sujatha SBI Fut High is opening levels which is 2833

gauresh59 said...

@ sometimesbullsometimesbear,

Ye brahmand aur market ek hi lakshmiji chalate hain...hum tho sevak ki tarah follow karte hain...:):).......

Then what Saraswati ji and Parvati ji doing...? ...Are they sitting idle....when laxmi ji is active?
Just kidding dear....

Post a Comment