Monday, May 12, 2014

Nifty Intraday Update-II


20 comments:

Ilango said...

@ Rajaram'z,

We suggested this morning:

There will be hour corrections of the magnitude of 45-65pts approx(we'll fine tune & quantify them.)

At open, one could have entered a trade.

OR

After the 6976, a 45 point drop took it to 6928(6976-45=6931).

Use any corrections to keep entering.

marina s rao said...

Day Low : 6862.90 Day High : 6988.25 Day Pivot : 6794 Hour Pivot : 6969

NS well above BRN @ 6900.

After well needed pause now NS is aiming HKN ( Hepta Kilo Number ) @ 7000.

Day Pivot's R1 cluster @ 6921-6936 now supporting NS.

Crossing 7000 Today is a forgone conclusion.

NS in BAH mode till above HHema @ 6932.

For learners sake :

BAH = Buy And Hold BOD = Buy On Dips

SAH = Sell And Hold SOR = Sell On Rises

BRN = Big Round Number HKN = Hepta Kilo Number

marina s rao said...

HKN @ 7000 teasing NS.

anand said...

Master
Since your pre-market post, I am trying to gauge the 45-65 pts range. Friday the fall was limited to 35 pts within the 23-38% retraces of the upmove.
Today morning, the same move was available to our eyes (Blind ones) but you mentioned a quant based idea of 45-65 range.
The only such visible range on TT / TA Is from day pivots to its S1/R1. What could be other clues since this helps in sitting thru - though the 23-38% retraces in 3rd wave are available as well and are working!
Hope this curiosity doesn't kill the cat....
Thanks !!

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 1:00PM, Pivot-6819, R1-6967, R2-7046, VWAP-6976

Huge OTM addition seen in all Calls, with immediate resistance at 7000 level, Stay Long with Hedge…

Thanks & Regards

Sonu said...

Huge addition in 7500CE. Does it indicate next target near 7500?

http://www.niftytrader.in/nifty/nifty-live-change-in-oi/

STOCK4SURE said...

55ema in 2 min BN charts at 14081 and that too is also support of bearish WW T/L joining pts 2 and 4

marina s rao said...

Market giving reentry opportunity for all late comers.

Be ready 2 board the train.

marina s rao said...

Train accelerating ?

Will Some1 is going 2 pull the chain ?

marina s rao said...

Day Low : 6862.90 Day High : 6988.25 Day Pivot : 6794 Hour Pivot : 6973

After 3 hrs. pause now NS is aiming HKN ( Hepta Kilo Number ) @ 7000.

Day Pivot's R1 cluster @ 6921-6936 now supporting NS.

Crossing 7000 Today is a forgone conclusion.

NS in BAH mode till above HHema @ 6947.

For learners sake :

BAH = Buy And Hold BOD = Buy On Dips

HKN = Hepta Kilo Number

Ilango said...

An irregular "b" and a sideways "c"...!!!

marina s rao said...

Still the Train is waiting for some Lucky Trader.

Mirror mirror on the wall,

Who is the Lucky Trader ?

shriram said...

--> back

and hope i hv brought the Bulls wid me.. common 7K !! :-))

Ilango said...

What would start the alarm bells ringing is:

If

Prices do not advance to the following soon enough, taking into account the mandatory corrective phases...

a. 6639+(6819-5933=886)=7525
b. 6639(6819-5933=886*1.618=1433)=8072
c. 6639(6819-5933=886*2.618=2320)=8958

for the "iiird wave that started from 6629, "ist" being 5933 to 6819 & "iind" being 6819-6665-6870-6639.

STOCK4SURE said...

7000 spot



congratulations to all

a new milestone avhieved

marina s rao said...

NS @ HKN.

Latest Day High @ 7000.25

marina s rao said...

Train is retreating a bit from HKN.

All Johnnies came late

board it now if U want profit

raghava said...

Master, Can We Enter Longs In Infy?

Ilango said...

New Post Done.

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