Thursday, May 22, 2014

Nifty Intraday Update-III


54 comments:

anmpatel said...


@shreeram
no "dubki" please...it is already on low level of oxygen since 16th top....pl save 7291....and upmove....resume..

sometimesbullsometimesbear said...

@amp...agreed....laughter the best medicine....alters brain chemical funda....:):)..U r the physician ...u would know better...:):)

SuchIsLife said...

Thank you Ilango Sir,

Highly appreciate it.

Regards
Sreeram

shriram said...

ANMP: accha, to sharp-shooter ban jao , sasura Nifty ke kanpatti par ghoda taad do , aur dialog jhaado...

naach Basanti naach ;-)

bb said...

Ilango - A suggestion - Do not know that if time will permit - you can guide on breakout stocks also. May be you can guide only and someone like Prabhanshu, Chetna can post such charts and you only provide your view.
Please feel free to reject the idea based on your convenience. Just a suggestion as small investors like me are getting benefited with such breakout calls.

anmpatel said...

@shriram..
"nachana" nai hai...."baghana hai"......

@SBTSBT
m not physician...m the anesthetist...using "nitrous"...remember..the "laughing gas"
ha...ha...ha...ha...ha...ha...

Prabhanshu Raman said...

Now 3rd started from 138. Sl can be moved to 137.95 for rcom

shriram said...

To aur bhi simple hein.. milkhyea ka coach banneka ;-)

Prabhanshu Raman said...

Now 3rd started from 138. Sl can be moved to 137.95 for rcom

anmpatel said...

@shriram...
thoda aur correction...sharp shooter..kanpatti pe ghoda nai rakhata......wo to dur se hi....."dhichkyau...."

shriram said...

Objection mi-lord.. usse SNIPER kaha jata hein

anmpatel said...

@shriram...
Objection overruled....par aap jo kahte ho use "point blank" kehte hai....

chalo madvali karni hai....

shriram said...

Bambaiya mein supaari lene waale ko sharpshooter kaha jaata hein.. anyways, y lose relevance to TA ? ;-)

Raman Kapoor said...

@Prabhanshu

Has the possibility of one more pending low in RCOM negated?

Thanks

Ilango said...

@ bb,

Whatever inputs given were by looking at google charts after each query.

I have no time for full time "stock analysis".

However, years of experience compels me to blog Why should investing be any different?

Stay invested in quality stocks/ sectors favoured... Tata stocks, Infra stocks on every corrections.

bb said...

Thank you Ilango, will visit the blog and revert.

satheesh said...

Shriram, you mentioned about goldbees inv H&S previously - any updates on the shoulder level? if possible can u post the chart now?

anmpatel said...

@shriram...
ok boss...stick to our system...TA....EW....Avg....WW....
and the boss for me is JNSAR...

Raghavendra said...

Dear All,

A large inverse head and shoulder pattern is developing in BN charts.
Neckline support & resistance zone is between 15100 to 15200.
Pattern target is ~ 15350 to 15450 levels.

Developing DHEMA = 15111

Raghavendra said...

Correction - Pattern is developing in 5 min chart.

shriram said...

@ Satheesh : The i-HnS never formed actually.. its trading < Prev.. Swing Low of 2632 & now is firmly headed south-bound

shriram said...

the intra Nifty -WW tgt is done bhidu log

herry said...

dear ilango sir week pivot is 7271 can suport at leval tomoro last day of week...?

Prabhanshu Raman said...

Raman, yes... it made truncated low afain at 138 and then sharply moved up. But right now nifty dragging it down. :-(

satheesh said...

Oh okay - can you just repost the chart you had done few days back - I am not able to locate it

Ilango said...

If .......

If Bullish:
7264 7250 ... is 50%-61.8% retrace of the last rise from …… 7207 to 7320

80% is - 7230

If strength to return again, it should be around 7264 7250

Weakness gets confirmed Below 7250 OR 7230

shriram said...

now ji.. trail the 74CE write.. & how bout we seek to write 71PE on all declines to 7200 ?? :)

shriram said...

@ Satheesh : sure thing.. here u go!

http://prntscr.com/3jnl5s

A J said...
This comment has been removed by the author.
A J said...

These news channels have become spineless. ABP News, Times Now, CNN IBN, CNBC Awaaz, CNBC TV 18, everybody is claiming to be number 1 during elections. My guess, by evening others will join too. Manipulating facts to reach the podium!

shriram said...

the closest support now is the St. 5DEMA @ 7210 NS ??

ITradeForProfit Daily said...

ND Sir's ATR sell zone provided 50 points today as well.

Chetna Jethi said...

nifty yet again around 55ema on 30 in charts...its 7253-52 now

shriram said...

Master,

Fall from days high seems 3 or 5 to ur eyes pls sir?

Ilango said...

3.00PM TT & Chart Updated..

shriram said...

is suspect "c.3" sub-dividing from 7316.85 NS, down sir ?

Ilango said...

@ shriram,

"7250-64" is held presently. And that leaves us with, once again, the same two options..

sometimesbullsometimesbear said...

@AJ....Corporate ownership...Profit driven...Competition between news anchors....News anchors trying to build their own brand image as well as future political careers...News needs to be made saleable to retain ad revenue....

In all this, where can Truth and Fact survive......

We need to sift and strain what these guys show us carefully and decide for ourselves.....

In any case since u sport the AAP logo....I must also say that AKejri has lost direction as well as the plot........Too much drama....and confusion.........

Ilango said...

In sports, they call it "unforced errors".

In life and in various spheres of activities, one should stay still when things go wrong; unfortunately, often they compound their errors which are not forced on them.

It applies to "trading life" too.

Lessons we can learn from sports persons, politicians, businessmen and so on... to trade well.

J.R.Julius said...

@Shriramji,
Please provide the link of ur post WW pdf in JN group.
Regards,
J.R.Julius

Ilango said...

To trade the trend, learn from Bangalore south's Mr.Ananth Kumar of BJP, how he spotted the "Modi wave" and changed sides from Advani to Modi..

Trend is your friend.

shriram said...

Master,

He Danced like a Butterfly & is now gonna sting like a Bee :-)

A J said...

@SBSB
Regarding AAP. Maybe maybe not. Depends on who's argument reaches our ears first. But is a person more important than issues? We are still slaves to this "mai baap" culture. Where we look for all power super human to save us. I am only concerned about the issues. Here is the list that matters to me.

https://pbs.twimg.com/media/Bn1jGQnIQAA5PfG.jpg

Ilango said...

@ shriram ,

Sharad Pawar spotted "it" but Shivsena blocked his move.

sometimesbullsometimesbear said...

@Ilangoji....:):)... I saw him in one function touching Modis feet also...:):)

U r correct about the compounding of errors...That is what AAP is doing....I had great hopes from AK ....but now I suspect these guys are just white collar naxals.....

Hope they dont start an Occupy Dalal Street or Occupy NSE movement in Mumbai....:):)

shriram said...

Yes sir.. so did Raj Thackrey .. nothing worked for him either !

sometimesbullsometimesbear said...

@AJ agree with ur issues......but AAP needs to sit out ...recap....and start afresh as they were during the Anna days....They hv lost a lot of goodwill with their 2 min noodle dramas as the so called great Arnab calls it...:):)

Ilangoji....they call Pawar.....Tel laavle pehlwan here in Maharashtra....Meaning A well oiled Wrestler....:):)

Ilango said...

@ A J,

AAP inspired the nation. ANd the nation/ Delhi gifted it, for a first time party of few months old, the govt of Delhi.

Unfortunately, their lack of political acumen and immaturity to pick on petty issues came to the fore and spoilt their credentials.

All is not lost, if they can go through the grind once again and become relevant.

People are quick to change sides....you may call them fickle minded but we can not ignore "people voice" in a democracy.

Prabhanshu Raman said...

Rcom sl hit at 137.95... may b complex correction going on but 136 should hold for further upmove

A J said...

@Ilango
There are many more master trend followers. I don't know whether my data is correct. I read that in BJP 117 ex congressmen got tickets and around 100 won the election!

Ilango said...

@ A J,

Precisely our point... We know about the prominent ones while there are more unseen ones.

manas trivedi said...

@ AJ : Data is right, here in gujarat, 4 to 5 persons, who can win wherever they are, joined BJP from Congress, so there were 26/0 in the results.

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