Wednesday, May 14, 2014

Nifty Intraday Update-III


26 comments:

marina s rao said...

Day Low : 7080.90 Day High : 7142.25 Day Pivot : 7116 Hour Pivot : 7103

NS above HKN ( Hepta Kilo Number ). Currently @ 7096.

Day Pivot's R1 cluster @ 7147-7167 needs 2 b broken for New highs.

NS continuing in SOR mode.

NS will b back in BAH mode once above HHema @ 7116.

For learners sake :

BAH = Buy And Hold SOR = Sell On Rises

HKN = Hepta Kilo Number = 7000

marina s rao said...

NR4 Day in making ?

Chetna Jethi said...

@Prabhanshu,,Rcom giving a breather for sure..above 130 fireworks

Rajesh Rekhani said...

BNF triangle may brakout now. abcde looks over.
http://prntscr.com/3j2x69

shriram said...

@ Chetna: R.Com can do 200-250-300 plus also in say 1-2 yrs time ... if 47-165 was a 5wave !!

Manish said...

@ master

Are we still in b wave and c to start for 7050 ?

Chetna Jethi said...

shriram ji,,,it seemed like a fiver to me from 47-165/68....and now i am into a trading position into it..i hold it in handsome quantity from my dad..he has held reliance since its ipo..never sold a single share, even at highs...and he has other sensex stocks too excpet for IT stocks...he had stopped investing by then,,hahahaha..for me i am into a trading position now..will take my profit and look for other oppurtunity

Chetna Jethi said...

I missed investing into PNB and CARE...big time

Chetna Jethi said...

shriram ji---tcom..looking very much poised for a move..have alook and ur views please

Ilango said...

@ Manish ,

There are many ways this correction could unfold; one of them is "abc" almost done - this view gets negated below 7078.

"b" continuing depends on prices staying below 6155.

shriram said...

@ Chetna: ur right... T.com also poised for similar stratospheric rise !!

wait a sec, is there a Telecom policy meeting tomo ?? :-O

STOCK4SURE said...

last 60 min

can nifty do 7185 ???

maxwell effort required from bulls

shriram said...

better to wait till Friday chetna: let 5WkEMA turn up, then will enter T.com... there is a small -WW possiblity on 30mins TA, which may drag it down to 272 also...

better to wait n watch a bit

STOCK4SURE said...

ns abv T/L joining highs of 7172 and 7142

chal dhanno


Chetna Jethi said...

@shri ram ji--- waiting..for differrent reason..no idea about WW.....but waiting...for entry..no positions right now..thank you for the word of caution..please keep updating WW in this one..I am looking for

http://prntscr.com/3j325g T com weekly

on day charts RSI has reversed from 30 zone...

shriram said...

yup chetna: was seein the same Irreg. Flat possibility. does seem a Multi-bagger in making !

shriram said...

this suspect Irreg. Flat can also morph into a Contr. Trig.. tats a pit-fall to guard against tho, aint it ?

sometimesbullsometimesbear said...

@CJ...None of my business....but trading in a stock that one has invested and held for a long long time (maybe from the IPO itself) .....is a vely vely BAD IDEA....

Investing and trading are two different drinks that can never make a cocktail together.....:))

Rajesh Rekhani said...

M&M Fin started to look up. Above 256, wave 3 will confirm for a good upside.

shriram said...

@ SB: sorry to prick ur balloon.. but technically, buying a stock from Sy. Market @ 2-3-5 time x P/B , is NOT INVESTING in true sense (whether IPO or normal buy) !

INVESTING is a v v losely used word esp, when applied to Stock Market

vksoni said...

Ilango sir,
will 9rsi in day remain above 80 today?
I am on mobile so asking sir.

marina s rao said...

Day Low : 7080.90 Day High : 7142.25 Day Pivot : 7116 Hour Pivot : 7109

NS above HKN ( Hepta Kilo Number ). Currently @ 7107.

NS continuing in SOR mode.

NS will b back in BAH mode once above HHema @ 7117.

For learners sake :

BAH = Buy And Hold SOR = Sell On Rises

HKN = Hepta Kilo Number = 7000

sometimesbullsometimesbear said...

@Shri...u can prick my balloon anytime u wish...U r Most welcome....:):)

U havent got what I am trying to communicate...

For eg...I inherit 887 shares of Infosys invested by my long departed papa who was purely and only a long term investor (this is a clearly defined term).....

I start trading in those shares....meaning....le..vech...le...vech...buy..sell...sell..buy..buy...sell...based on TA, EW, other studies...etc....etc....

Now which of the above options is likely to get me a better return....

Holding on to the 887 stocks of infosys for dear life....

or

Trading those shares.....

This is what I was trying to communicate....My old old broker of late 90s...Mr. Shah (79 years old now) always said...le vech karvanoo nai...eeenvest karvaaanooooo...:):)

Ill be back after pushing in some air into my balloon......:):)

shriram said...

@ SB: am sorry, if u v taken offence. I got who u siad, but u hv not seen it the way i hv put it..

This SY.MARKET is a CASINO , never ever forget that... a place to TAKE AN EDUCATED RISK / Gamble, earn money & get the hell out !! .. tat was all i meant :-)

ALL VALUE FOR MONEY ---> i.e INVESTMENT is only thru PRIMARY EQUITY (or start ur own business, & slog ur behind off to make it large)

Have a Good day all ! :-)

anmpatel said...

..clsing avg is 7110...looks making perfect doji in daily candle....

sudhin bathija said...

Dear Ilango,
some stocks were up like nmdc and tisco could you please post your views on them it will be of great help.
Regards,

Post a Comment