Friday, June 6, 2014

Nifty Intraday Update-I


36 comments:

Stockathon said...

Good Morning Sir & Friends...

shriram said...

RCOM : IF Xpanded / Irreg. Flat in play , from 26th may'14, "c" may seek 135-130 before the next round up ?

intraday trader said...

sir one confirmation level needed if todays top is B WAVE? n BIG C DOWN ONWAY, MKT OVER BOUGHT MACD ST

Sonu said...

@Ilango Sir,

Negative divergence in hourly?

Ilango said...

A flat correction shouldn't go below 7507.

anmpatel said...
This comment has been removed by the author.
Raghavendra said...

BN breaks out of the Mother bar range mentioned by Julius above 15415

anmpatel said...

lagata hai drji ne betting sambhal li hai...BN....zooming...

@JRJ
it clears previous high...2day's back.

anmpatel said...

@raghav
wah...kya telepathy hai boss!!!

@shriram
telepathy par bhi do char line ho jaye....its also very high level science from our ancestor.....

Ilango said...

In 3rd waves, you'll see plenty of -ve divergences. This is the only phase where -ve divergences fail.

Even if you wish to play divergences, you should get a signal from TT and then manage the same with "last fall retrace number". This way, any unexpected reversals, could be managed.

Until an EOD signal of a reversal does not happen, no sustainable fall is likely. There will be plenty of time & opportunities to manage one's positions, provided you observe with neutral eyes.

shriram said...

BN is forming a bigger Hr TA -WW .. pt 5 will form near 15,610 spot..

1-4 tgt , post 1-3-5 trigg. will be sub 15,100 .. lets cif it forms 1st

intraday trader said...

sir move fr 5933 to 7563 hardly big gapup or down but move 7215 o 7535 many floating candles same like 6355 to 6080 zone

rj said...

Ilango said...

@ anmpatel,

BN is deceptive but once starts, it moves fast. Holding 15145 is important in ST.
June 5, 2014 at 3:29 PM

ITradeForProfit Daily said...

75K CE writers camp panic may bring in short covering now.

intraday trader said...

TOPs formation seen sbi axis rcap tatasteel

rj said...

Master are we heading towards 3rd tgt of 8072 or still any hurdles????..........thanks

Sonu said...

Second highest trading in 7500CE for the day but with decreasing OI shows lack of confidence in bear camp
http://www.niftytrader.in/nifty/nifty-volume-traded/

shriram said...

BN , -WW on Hr . pt5 formation awaited

http://prntscr.com/3q4cla

Share & Be Sure said...

Will market do abc-x-abc till budget time and then blast for 3rd of 3rd?

krish pm said...

@Master,

" iii " Negation Point Price Level ?

ITradeForProfit Daily said...

@intraday trader

Agreed. 8DEMA is about to touch 7400. 7397 at present.

ITradeForProfit Daily said...

NS respecting ND Sir's ATR Sell Zone till now.

prakashbkc said...

Master,

Possibility of Flat correction is now ruled out?

Ilango said...

@ prakashbkc,

Day's low could be treated as end of flat.

Aggressively, weak below 7507.(approx)

sometimesbullsometimesbear said...

Returns wise BN is more remunerative but definitely not for weak hearted and sporadic impulsive traders...:):)

BN ka sl ka jhatka jor ka hota hai aur jor se hi lagta hai....sometimes....:):)

gauresh59 said...

http://www.inconversations.com/

Ilango said...

@ krish pm,

7427 approx.

Chetna Jethi said...

rcom intra correction...ABC done from 152--148

gauresh59 said...

@ sometimesbullsometimesbear,
For BN trading DR sir stated : Bank Nifty is only for experienced traders, before touching Bank Nifty must ensure that you have made profit (or no loss) in Nifty for 3 months. IF your Report cards (Bank Balance) says so go ahead with BN riches are yours.

This is the disciplinary rule. Those who do not follow will have to suffer a "jor ka jhataka"...BN gives in truck loads...but if not followed all disciplinary rules, it takes away the entire capital .....

This is what I learned from DR sir in my earlier stage.

sometimesbullsometimesbear said...


gauresh59 said...

http://www.inconversations.com/

@Gauresh...The mystic talks sense and very scientifically.....Some of his concepts are appealing....:):)

shriram said...

OTM CE prems. are low & OI is still high ...

does not appear in sync. @ all, with an Impulsive "BHAAV" scenario .. damn :-X

prakashbkc said...

thanx Master for reply

Post a Comment