Tuesday, June 3, 2014

Nifty Intraday Update-II


26 comments:

Crorepathi said...

Volatility at its best!
Sir,
Is 'Barrier Triangle' in the making?

Sonu said...

More aggressive Put writing at 7400. Bears giving-up hope for this fort now
http://www.niftytrader.in/nifty/nifty-live-change-in-oi/

Sonu said...

Anyone tracking JINDAL STEEL? It has breakout indications with heavy volume
http://www.niftytrader.in/nse-stocks-volume/

Ilango said...

@ Crorepathi,

"If" it is so(we do not know yet-but it is forming in that fashion), there should be one more drop from around 7440-7450 and the fall could be truncated and a break-out happens.

We'll follow the market to see whether it unfolds that way.

It could also be stated that an "abc" correction got completed at 7216 and the next impulsive upmove is unfolding and gets a booster above 7450 and 7565.

Hitendra said...

BN loosing grip again

J.R.Julius said...

Camarilla : After hitting mid point of H4&H3 now near H3!

shriram said...

Master,

5waves seem done as 7216-7418 , to EW eyes ??

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 1:00PM, Pivot-7330, R1-7420, S1-7281, VWAP-7388

The PE writers has taken hold of the Option Table with the CE writers covering at 7300-7400, though 7500 still has the Best Resistance, Stay Cautious at Higher Levels…

Thanks & Regards

vksoni said...

look liike 3rd complete from 7216.4th unfolding presently.above 7419 3rd subdivide.

shailesh said...

shriram jee is 7418 shorting level ?

Ilango said...

@ shriram,

It is possible; The rise from 7342 could have one more upside; hence, retrace table has it.

It will get clear above 7450 or below 7355.

anmpatel said...

@master
what is that channel resistance at "d"? means value.
thanks.

NI3 said...

@Sujatha Maam
any NF upside target for exit

Ilango said...

@ anmpatel,

It is approx. 7440-7450.

SAM said...

A small 25 points triangle broken on upside

SAM said...

and if it is a pennant then 60 points upside ..

shriram said...

--> back

Tks Master.

SAM said...

@7428-30 gap will be filled

anmpatel said...

@master
one more Q:
21hrsma about to cross 34hrsma from below....is that cross over has any relevance at this point?
thanks.

Raghavendra said...

Prices nearer to Week R1. Ek chota pull back to banta hain.

Forum Login said...

Has Nifty started dropping ?

J.R.Julius said...

NOW. I think Aggressive Traders can consider H3@7398. 1hr LOW.

shriram said...

yea.. seems a 5fifer is done.. ABC shud min tgt prev ""iv"" , i.e 7342 NS now ?

Ilango said...

New Post Done.

Hitendra said...

Another 100+ points down in BN in last 10 mins

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