Wednesday, May 21, 2014

Nifty Intraday Update-II


32 comments:

Bhavir said...

Anyone watching delta Corp...
Appears to be starting its 3rd on daily chart

Prithvi Raulji said...

@Master,

a=c or c may be truncted??

Please

STOCK4SURE said...

ns may have formed pt5 near 7252 of smaller bullish WW
(and that too is pt4 of larger bearish WW)
may form pt5(trgt price of smaller WW) abv 7272 near 1.00pm

GANESH said...

@ Sir , GM ...

A "B" up done and a flat "C" in the making ? Please comment ....

Rajesh Rekhani said...

@Bhavir, I feel Delta is into wave 3(3).

herry said...

dear ilango sir idea yesterdays high to a,b, c is done...? 200% od c wave

Ilango said...

@ Prithvi Raulji ,

Considering the strong trend, we look initially for 0.618 of "a".

However, we still have not resolved whether "b" has been completed..!!

If "b" completed at 7320(or the freak 7353), calculate the 0.618 x a target and keep it handy.

Normal corrective behaviour will be missing in strongly trending market...

STOCK4SURE said...

Bn near support of 55ema in 30 min charts 14930

Rajesh Rekhani said...

http://prntscr.com/3l5kda
Weekly chart of Delta Corp

jittery said...

RCOM stop loss please? any body

sudhin bathija said...

Any one doin Nmdc here? 195 is where 200w high so if this taken out then 202-225 views welcome.

Ilango said...

"7234"-34 Hr sma; More weakness only below this..

Ilango said...

Only "last fall strategy" discussed to day was for the fall from 7287 to 7246. It retraced to 50%-61.8% -7267-71 (@ 7269) and has fallen...

Best strategy for traders: Initiate trades @ 50%-61.8% with a SL @ 80%.

STOCK4SURE said...

on 16th may nifty fall was arrested near 55ema in 30 min charts

7139 was 55ema in 30 min charts at that time and ns did a low near 7131

today as now 55ema in 30 min charts is near 7230

cmp 7230

will it bounce from here?????

prakashbkc said...

nifty closing below 34Hr SMA at1 pm

Ilango said...

1.00PM TT & Chart Updated.

Sonu said...

Highest addition in 7200PE for the day. That should act as support.
http://www.niftytrader.in/nifty/nifty-live-change-in-oi/

ITradeForProfit Daily said...

Nifty in ND Sir's ATR Buy zone now

Chetna Jethi said...

rcom probably completed a FLAT.....

Chetna Jethi said...

141.55-135.35-142.4-136 A=C at 136
if crosses 140 now,,correction over and we are going towards 148

NI3 said...

@Chetna Maam through some light on calculation of Tisco
Thanks a lot

Chetna Jethi said...

NI3...tisco"s pattern of correction still makes me believe that it should come down as in a C wave..I am unable to digest this price behaviour as impulse rise after 16th may....it seems like doing a B to me....I wont suggest to jump in and trade this stock

herry said...

dear ilango sir mode low of 7206 dema is 7204 can suport

NI3 said...

@Chetna Thank a lot for your input!!!

Bharat Kumar said...

@ Chetna - Thanks for your guidance. Its extremely helpful, specially for RCom

Bharat Kumar said...

@ Ilango Sir - Your views on Sail pls.

Chetna Jethi said...

Bharat ji,, welcome anytime....I hope stocks ke saath meri dosti banee rahey.

Chetna Jethi said...

nifty took support at 55 ema on 30 min time frame,,It stand there again...

http://prntscr.com/3l5uzw

jittery said...

Thank You chetnajee

Ilango said...

New Post Done.

Post a Comment