Thursday, June 19, 2014

Nifty Intraday Update-I


52 comments:

Ilango said...

Hour trend indicator has triggered "mildly" and poised just above "0" line.

Moving into negative zone would result in sharp fall which would also coincide with breakdown from the middle line...

Middle line for this hour is approx..7539 & 7519.

Ilango said...

Yesterday's low 7516 to yesterdays 3.00PM high 7612 - "a" wave;

From 7612, "b" wave is unfolding having choppy moves...during which 30 to 50 points that are gained should be booked-way to trade a "b".

marina s rao said...

Day Low : 7557.75 Day High : 7606.45 Range : 49 Points Day Pivot : 7579 Hr. Pivot : 7574

NS above HKPC ( Hepta Kilo Penta Cent).

Currently hovering around @ 7570 & below Hr. Pivot @ 7574.

NS below Day Pivot @ 7579 displaying weakness.

NS in BOD mode in Hr. T/F & SOR in Day T/F.

Strength above Hr. JNSAR @ 7590.

SOR = Sell On Rises

BOD = Buy On Dips

Hepta Kilo Penta Cent = 7500

anmpatel said...

@master
as per support-pivot-resistance..the distance between pivot and resistance is less than the distance between pivot and support...so more chances of downside? is my implication is right? please explain in little detail when time permits.
thanks.

Sonu said...

GM Master and Friends!

@Shriram Sir,
Intraday OI appears neutral to bullish.
http://www.niftytrader.in/nifty-live-change-in-oi/

shriram said...

Na bhaiya bull to na dikhya...
NF has added 4.2% OI & trading < its intra VWAP .. tat means 50% trades have happened above CMP .. someone has h-prob sold !

If some one can post the intra VPOC, VAL,VAH for NF, will be grateful... can help fine-tune the Statistical View , even better


Ilango said...

@ anmpatel,

The preparation of supports and resistances take into consideration other studies such as EW & TA including pattern formation...

Critical 7539 approaching, also 2 hour low.

Bharat Kumar said...

@ Ilango Sir - Could a "c" here do atleast a=c or a=1.6 of c?

marina s rao said...

Day Low @ 7540.20. Day range : 66 points.

Fall likely 2 continue till the cluster support @ 7512- 23.

NI3 said...

@ Prabhanshu sir & CHetna ji
Any wave count for rcom?

Sunil Minz said...
This comment has been removed by the author.
J.R.Julius said...
This comment has been removed by the author.
Piyush Sharda said...

shriram 7604 7586 7658. however its too early and values will change a lot atleast in my charts

Guru Krishnan said...

@Shri -- how can it be inffered its high prob "SOLD"...it could be a buy too... and now more fishing happening ...

shriram said...

Tks Piyush !
So , infact CMP is < VWAP < POC < VWAP.. may see the 80% Steidelmayer rule down then to VAL

@ Guru : becoz price did not sustain @ VWAP for significant time.. wen we say BUY or SOLD , meaning to b taken is CONC. BUY or CONC. SOLD (Big hands behaviour)

Sonu said...

@Shriram Sir,
Nifty between 7500 and 7600.
@ 7500 addition is only Puts
but @ 7600 strike --> fight is on.

Pls guide if that will not be considered even mildly bullish?

shriram said...

Sonu :
OI analysis thoda "Subjective" hota hein.. As a writer, its v difficult to answer plain-vanilla "Bull" / "Bear" (tats a view formed from PATTERN ANALYSIS, i guess)

Ur right on the 75PE adds... tats support.. similarly 76strike appears Resistance as of now. The obv. to note is the MAIN SWORD of ATTACK, i.e NF has added 5% plus OI , wid price fall from days high

Tat may be H-prob selling @ highs ...

Guru Krishnan said...

Yes, I too agree with Sonu...Mild bullish scenario hidden in the price.. as long as dlema holds...

@shri ---its debatable to view on VWAP... it can change in minutes.. so Hi-prob can't be imposed on it.. thats my take...

Piyush Sharda said...

@shriram yesterday val 7553 nf has supported so rangebound now till it breaks poc to val trade is over

Ilango said...

11.00AM TT & Chart Updated.

shriram said...

@ Guru: so, if u can post DAY T/f. VWAP, VAH, VPOC, VAL , that wud even further clarify the scene on a higher T/f !

What i know of the Theory of Bell Curve Maths, have placed b4 u, as per MP we shud fill the "Value Area" to ruffly 7529NS, with 80% chance.. aage Bhaav Bhagwan che :-)

Ilango said...

A 5 waves done from 7606 to 7540 and the retrace is on...(See retrace table)

Could it be a shallow retrace ???

Sonu said...

@ Ilango Sir,
One doubt, is 'b' still on or 'c' over?

a= 7516 to 7612 = 96
b is holding 80% retrace rule
so c should do minimum 7640 + 0.618 x 96 = 7600 (which is already done this morning)

marina s rao said...

Day Low : 7540.20 Day High : 7606.45 Range : 66 Points Day Pivot : 7579 Hr. Pivot : 7556

NS above HKPC ( Hepta Kilo Penta Cent).

Currently hovering around @ 7560 & above Hr. Pivot @ 7556.

NS below Day Pivot @ 7579 displaying weakness.

NS in BOD mode in Hr. T/F & SOR in Day T/F.

Strength above Hr. Ema @7568 & Hr. JNSAR @ 7583.

SOR = Sell On Rises

BOD = Buy On Dips

Hepta Kilo Penta Cent = 7500

Guru Krishnan said...

Shri -- not breaking my head much nowadays :P...just have a watch at Week t/f first then come to day t/f and then to hour t/f... at present week is "UP" and other two are "SIDEWAYS" so for me high prob will be writing 2 OTM puts and 1 OTM call... when all three turns "UP" buy NF :)

shriram said...

Master,

Any better clues from BN waves sir ?

Sujatha said...

GA sir nd friends :)

Julius - how is "tea business"??? :) lol

Guru ji - yenna oru tech. performance pottu thakkarenga onnum velanga mattengudhu..Y mild bullish?? u can think "wild bullish also" hehe by the way really great going.. i am learning something..shiram ji typed most of the "ALPHABETS" as abbreviation. can u please post the full form of that at your free time. thanks n advance. and especially MP???? for me it's "masala puri" :P as our code word @ home :(

Have a good day to all.

Ilango said...

@ Sonu,

"c" as well as the retrace for the fall from 7606 to 7540 are "Up".

Depending on the retrace we could conclude later... Besides "c" could be truncated to.

"b" would have been completed at 7540, if "abc".

STOCK4SURE said...

a contracting triangle pattern developing in 5 day charts

may dip below 7519 once nay be near 1.30pm and then may move up towards 7670 till tomorrow opening

Guru Krishnan said...

Sujatha Avargale -- VWAP -- Volume weighted average price, VAH -- Value area high, VPOC - Point of Control, VAL-- Value area Low... and MASALA PURI is Market Profile.. :)

Yetho yennala mudinchathu.. ippo neenga sollunga, short adikava, yerukidalama???

Harsh Mehta said...

If BN has to reverse, it has to hold 15161... may be 3rd up in making... (i) 14709-15726 (ii) 15726-14859 and (3.i)14859 - 15462 (3.ii) 15462 - 15128 (3.iii.1) 15128 - 15348 (3.iii.2) 15348-15130 today... and 3.iii.3 may be on... let see if 15161 holds

Sujatha said...

Guru - kitchen tech - PP - Pani puri - BHEL - Bhel puri MP - masala puri MD - masaladosa
PM -Puri masal :P :( romba kashatam..y

thanks for the eloboration..by the way from where u r getting?? setting at your ODIN???

Guru Krishnan said...

Sujatha - Ingayum (house) adhe case than... nope adhukku AMIbroker illana vera ayedhachi software venum.. so nan vangala... Master oda tech table irukira varaikum yennaku no tension :)

J.R.Julius said...

@Sujatha,
Boss - Romba lollu thaan.
Kalaila 2 tea pottutu kadaiya close panniachu. :))

shriram said...

For all interested in Steidlmayer & Market Profile maths

http://pivotboss.com/2010/06/01/market-profile-made-easy/

J.R.Julius said...

@Sujatha,
1 masala tea at your number. he hee (eppudi unga styleaye reply)

Guru Krishnan said...

@Sujatha - apadi unagalukku kandippa vennum na.. you can check it in Sanjay's Blog.. or indha link le NIFTY nu type pannittu parunga.. http://volumedigger.com/Charts/Volume_Profile_Charts.aspx

J.R.Julius said...
This comment has been removed by the author.
chetas said...

inspite of all the volatality, price is trading within , yesterdays last 45mts range

J.R.Julius said...

@Guru Krishnan,
managing trade with less data less Stress.
learning never ends.

Chetna Jethi said...

@NI3..Nifty is trading at the lowest levels of last 4-5 days and RCOM at highest..thats the only observation i can share right now

NI3 said...

ok Chetna ji,,,, Thanks for reply

shriram said...

@ Guru: the vol. digger link, gives Pure Raw Vols data, where is the MP (bell curve model) data pls ?

Guru Krishnan said...

@Julius ji -- perfect.. adhukku dhan. am a great follower of Masters tech table.. nothing else is req...

chetas said...

NS last 30 mts candle range of yesterday :

High - 7606.60 Low : 7539.5 close 7542.8 , adjusted close 7558.2

NF last 30 mt candle range

High : 7617.35 : low : 7547.65 : close : 7556 adj close : 7569.4

note the open high for 3.00 pm canlde for nf and ns same, it is yet to be crosses

Sujatha said...

guru - stock broker - ye samalaikka thuppu illa yenakkellam, ami"broker" kekkudhakkum...anyway atleast i got information through you. thanks

shriram ji -thanks :) but "receiving station signal problem" pakka slow learner :( by the way what's ur opinion about sensex, u told previously u r comparing..so anything on the cards i hv some target below 25K which is showing some -ve ness now

julius - hehe thanks not taking it seriously..kalaikka arambicheno thangaaa mudiyadhu lollu . namma no. attam kandhunnu vainggggggggaaa ... less data???? huh.."kannu partha kai velai seyyanum" trade panna...that's what experience...

Guru Krishnan said...

@Shri -- yes its raw data on volume... once you see that page, later by 11 and 1 please do drop by here - http://marketpulse-snp.blogspot.in/p/oi-intra.html .. for more clear VAH/POC/VAL levels... Mr Sanjay does a great job on his excel..

Guru Krishnan said...

PS ---BTW -- he is not updating for some time now..

marina s rao said...

Day Low @ 7533.75. Day range : 73 points.

Fall likely 2 continue till the cluster support @ 7512- 23.

Sonu said...

@Shriram Sir,
Do you see +WW developing in 2 min? Point 5 may form near 7520-25

Amol Sharma said...

My mind is worrying about this Iraq crisis which is energy crisis. What about mansoon where it is? Achche din kab aayenge ?

Post a Comment