Thursday, June 5, 2014

Nifty Intraday Update-II


54 comments:

anmpatel said...


@SBTSBT...
ha...ha..ha...good idea will try....

anmpatel said...

@master
only hrly raw is updated in TT 12 pm update.

anmpatel said...

7400pe writers fast but they should be furious to cover 7400ce writers.....other wise...fush...fus....

Crorepathi said...

Dr.Patel,
Try NSE mobile for trading, it's seemless and handy to trade from anywhere.
But Trading business has many external risk like Human error, System Error, Network Error and many more which has to accounted for...

STOCK4SURE said...

a small bearish WW may develop in BN charts

may form pt4 below 15245

pt5 may form near 15300 near 12.50pm

trgts below 15240

anmpatel said...

@crorepathi...
yep...but it was pure mistake..i do not trade daily...only on the judgement day!!!
i let him go.."kshama"

Rajagopal said...

Croreji,
"risk like Human error, System Error, Network Error and " and Trading itself is error !!!

STOCK4SURE said...

MAY have form pt4 near 15245

prakash said...

ha ha ha rajagopal...ROFL... its like marriage is a necessary evil... trading is a necessary error (mistake) we love to make ...

Chetna Jethi said...

nifty retraces 80% of fall from 7433-7360..intersting venture...

Venkat said...

RG Sir,
Lolzz...Sooper likeee,
Like Rajini says, "manushana poranthathe paavam"

STOCK4SURE said...

BN support at 15234

may do some upmove for 15290

Stockathon said...

@ J.R.Julius

Thanks for such a detailed explanation on trading Cámáríllá!

You have given a new perspective for trading CAM in Uptrend and Downtrend.
Earlier I would have used levels as they came but this differentiation will definitely help in taking informed trades.

And yes keeping low expectation from gains is the key to intraday trading. And without keeping Trailing Stops have missed on many profitable trades :)

Sonu said...

@Ilango Sir,

One more high should complete a fiver from day low? Am I reading it right?

shriram said...

--> back

Master, to EW eyes.. this whole move down from 7563.50 NS ,... wot kind of corrective form is it making ?
Does "FORM" suit a Trig. sir ??

Ashish Agarwal said...

thats the break out to upside..

intraday trader said...

SIR E WAVE 1st done7360 now2nd up can we see 3rd down 7267?

intraday trader said...

OR D WAVE 5TH LEG 7360 TO 7446?

STOCK4SURE said...

last upmove was 7433-7342=91 pts

adding 91 to 7360......trgt comes near 7451

anmpatel said...

lo...back to inside the channel.....

Ilango said...

Now only, 5 done from 7216 lows.

Aly said...

Good Morning Ilango Sir & blogmates,

being absent for quite a while.

What are the chances of a false d break-out?

Aly said...

ok sir has clarified very well

Ilango said...

From day's low, one more high could be possible to complete a 5.

anmpatel said...

@master
but as per chart 5 done at 7433 the green (i)....
thanks.

Prabhanshu Raman said...

Sir from days low 3 Dove at 7437 abs then 4 at 7420. One more high pending. May be near to channel resistance or 80%

Aly said...

Dear Sir,

A query: Whether a 2'o clock close within the channel will confirm a false break-out?

anmpatel said...

@prabhanshu...
7425 is the channel resistance for running hour...m i right?
thanks.

intraday trader said...

weekly chart inside bar need toping tail

intraday trader said...

http://ichart.finance.yahoo.com/z?s=%5ENSEI&t=1d&l=on&z=l&q=c&p=e20,p&a=ss,r14&c=&kkk=1401954237327

Prabhanshu Raman said...

Anm: yes, thanks for highlighting.

Prabhanshu Raman said...

Anm, I will wait for 80% for short with 10 point sl. Let's c

anmpatel said...

@prabhanshu
are yaar...jane do na nifty ko upar....ha...ha...ha..ha..
i worked aggressively at 7415....

STOCK4SURE said...

nifty may probably dip near to 7420 ns once be4 start for an upmove for HH near 7443ns near 1.50-2.00pm

Ilango said...

@ anmpatel,

The "ii"nd wave that retraced to 7219 took 7 hours; hence, considering such an alt.view.

Bottomline: Holding approx.7400, impulsive uptrend in either case.

anmpatel said...

@master
thanks. so only 7450 is the key no. right?

Atharva said...

Good afternoon master: Is there any invalidation pt for count e and (iii) started form 7361...Thanking you

shriram said...

chalo lets have some light moments ... Aarz karte hein , mulahiza farmayein :-

Suna hein mohabbat mein raaton ki neend chali jaati hein,

waah , waah... Dard samjhiyega


Suna hein mohabbat mein raaton ki neend chali jaati hein, ...
....
...
Koi humse bhi karlo, kambhaqt hume bahut jyada aati hein !! :-DDDddd

Ilango said...

@ Atharva ,

"e" almost disappears...

"iii"rd started from 7361 is the preferred one. Alternative one : 7216 to 7445 approx, a 5 being done.

In shorter form waves sub-divide which make the correct calling diff. However, direction and risk-reward of a form should get prominence while following such ST EW analysis.

intraday trader said...

one que sir, do u think 7216 to 7440 move is part of impulsive 3rd from 7216 or looks D only

Ilango said...

@ intraday trader,

It resembles more of an impulsive sub-wave.

But it need just one more "thrust" above 7445-50 & sustain.

intraday trader said...

i think 7446 is reversal zone

anmpatel said...

@shriram...
wah..wah....1 aur...1 aur...

shriram said...

zindagi ne diye bade dhoke... zindagi ne diye bade dhoke...
...
aur kaam waali bai ne baaki saare nikale, dho ke ;-)


Ashish Agarwal said...

@All,
On Nifty, there is a fast rise set up between 5 and 20 DMA on both daily and hourly. Given the range contraction and technical set up, the upside looks atleast 200 points.

shriram said...

Some larger T/f Fibbo milestones to be aware of :-

1. 138.2% x(4531-6229)+5119 = 7456 NS
2. 123.6%x(5119-6415)+5933 = 7530 NS

anmpatel said...

@shriram...
wah...wah....1 aur 1 aur....ha..ha...ha..

shriram said...

@ Anmp : laalach buri bala hein .. lighten ho gaye, to ab BHAAV par dhyaan do ;-)

anmpatel said...

@drji..
banknifty ko jara chalao....nifty ko bhi thodi lift mil jayegi...please....

anmpatel said...

@shriram
as a jnsar trader i have nothing to do.....so just enjoying your shayaris....

1 sharif aadmi ko kya chahiye?

1 biwi jo pyaar kare..
1 biwi jo a66a khana banaye...
1 biwi jo ghar ko sambhal le..


aur

teeno biwiya mil-julkar rahe....

Ilango said...

New Post Done.

Bubla said...

7500 Call writers are still active

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