Wednesday, June 4, 2014

Nifty Intraday Update-II


22 comments:

Sujatha said...

Sir - thanks a ton...will keep an eye .done a tons of mistakes/methods including in money management/time management , believing others (personally) blindly, helping overly etc,etc., reviewing them and trying to settledown ...no books, no cds/no dvds. will help like our "own experience" :P somehow now "system simplified with less data/method" as much as avoiding all -ve ness including -ve people...irundhalum - yengayachum aaappu varathan seyyudhu :( :) ha ha kadavule, kadavule.,

shriram said...

Suja amma: For poor hugry ppls, plz state expectation is, UP or DOWN now ?? :-DDdd

shriram said...

Master,

Is todays price action seeming like distribution or consol. sir ?

NI3 said...

80% 7417 saved till time

deepak pinto said...

looks like a ihns of 20 pts from here

Sujatha said...

shriram ji - r u anyway close related to "airtel or tata docomo" people??? y this "unlimited kidding/ joking"??? :(

shriram said...

haha.. wot is that airtel / docomo relation ?? only relatives i hv are in Vandalur zoo :-DDdd

Rajvada A. A. said...

Answe to Shriram by master seems distribution, if I am not wrong.

Prabhanshu Raman said...

Sir, breakdown value is now near 7405?

Sujatha said...

sir - distribution??? :( yenga pathirathulu yedhachum vizhuma???

julius - "mathi yosi" method - check mail... but my new one is better i feel + intution???

shriram ji - ha ha :) so u can see me... i am very much there - simple riddle - i have a long tail and will jump tree to tree :D :)

shriram said...

@ Suja: atleast u hv tat luxury... our case tail , is bt/wn two legs ;-)

Master : Fair to assume ur view is an affirmative for Distribution ?

Time for Sappad, Bon Appetit !

Sonu said...

Intra OI update:
Bearishness slowly turning into bullishness. 7400 is the battleground for both Puts and Calls
http://www.niftytrader.in/nifty/nifty-live-change-in-oi/

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 1:00PM, Pivot-7400, R1-7455, S1-7367, VWAP-7419

Not much change in the Option Table from the morning update, still seems to be in a range, taking its time for the next course of action, Higher Level Resistance increasing with each passing day…

Thanks & Regards

Ilango said...

@ Prabhanshu Raman,

We suggested in pre-mkt view of a "grind" keeping below 7450.
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Key averages are far below which could result in a grinding session if held below 7450.
7339-42 & 7374-87 are two key supports today.
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You sell close to the resistances...but the fall is not taking it to the support zone yet.

Grinding stops above 7445-50. OR below 7390.

Prabhanshu Raman said...

Thank You Sir - understood.

Ilango said...

A word of caution to the counter trend traders:

Do not miss the big trending moves.

Keep reminding yourself that the trades against the main trend should be of "intraday" only and the SL should be not more than 10 points.

Beginners must take only "with the trend trades" in that direction.

shriram said...

--> back

Tks Master, tats a gr8 piece of advice to behold !

dv pandit said...

Thanks Ilango Sir.

shriram said...

OI wise, appears a major fight is on between 73 & 74 strikes

SAM said...

http://prntscr.com/3pis31

Ilango said...

New Post Done.

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