Monday, June 2, 2014

Nifty Intraday Update-III


30 comments:

jittery said...
This comment has been removed by the author.
ITradeForProfit Daily said...

Monitoring rise from 7327 to 7355

Sonu said...

@Ilango Sir,

Which rise should be monitored for retrace?

NI3 said...

@ Sir
Last rise from 7262-7355 to be monitored now

Sujatha said...
This comment has been removed by the author.
NI3 said...

Thanks a lot sir

ITradeForProfit Daily said...

NS resisting at DHEMA(developing at 7337) +20

NI3 said...

@Sujatha maam
what you have dreamed of will happenn! ;-)

Sujatha said...
This comment has been removed by the author.
NI3 said...

@ Ammen
Always ulta LOL ;-)

intraday trader said...

sir my view of ABCDE was right 7118 C or7216?

anand said...

Sir
Day started in trading mode due to holding DLEMA-20/30 points?
and bounced sharply due to OS hour ?
Now if closing is within 7337+20/30 pts, still trading range will persist due to mixed signals as well ?
Or given than hour is not yet overbought some room till channel top available for move?

intraday trader said...

sir 3rd wave 1st wave confirm if trade bove 7374

Sonu said...

Now that is a burj-khalifa of OI. Bulls bulls all over the place
http://www.niftytrader.in/nifty/nifty-live-change-in-oi/

satheesh said...

Namaste Sir and all,

Shriram,

Your views on goldbees???

Ilango said...

@ anand,

Tomorrow's DHEma and + its 30 points will be higher; hence, trading mode continues. We could calculate them after EOD.

If prices close above DHEma, then we need to look at weekly T/f higher range based on whema+60.

Sujatha said...

பெரிய ஆளுப்பா நீங்க கோல்ட் பீஸ் எல்லாம் பண்ணறீங்க ம் ம் ஆனா நம்ம கிட்டயும் சரி உலக அளவிலேயும் சரி சரியா அடி விழுந்து கீழே வந்திருக்கு 2535 கீழ வீக்தான் மன்னிக்கனும் நடுவுல நந்தி மாதிரி வந்ததுக்கு

Ilango said...

@ intraday trader,

There are no rules that could confirm such a view.

We know the ST is "UP" based on hour +ve div and prices have cleared each retracements and "Hour lead indicator" has guided us well so far coupled with the "Oversold day lead indicator".

Let us keep our options open and see how prices behave near the "Channel top".(Roughly 7415-40)

Raghavendra said...

BN : Developing Bullish Engulfing candle in day time frame. Developing numbers below.

DHEMA = 15224.
WHEMA = 14997

shriram said...

Hi satheesh : Major Dow theory Brk.down to 2000, looming ahead if goes < major Swing Pivot @ 2377

shriram said...
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satheesh said...

Tatamotors in channel support in DAY TF. Holding above 50DMA 418 at EOD - along with channel support - required for further upmove upto 10 DMA @430.


satheesh said...

Thanks Shriram.

Hi Sujatha, -
கோல்ட் பீஸ் எல்லாம் ட்ரேட் பண்ணலை!!! சும்மா ஒரு ஆர்வம் தான் ஹீ ஹீ ஹீ - but again you have showed that you trade by providing the levels :) :)

sometimesbullsometimesbear said...

1. First quarter results due...
2. Astro planetary shift....

June settlement should be good..:):)

shriram said...

right now OI wise,
Nifty faces RES @ 7400 strike (PCR is <1 & calls adds hv been consistent in face of rise)

sometimesbullsometimesbear said...

@Anand ......

Regarding Mr. Joby from Zerodha....(http://zerodha.com/z-connect/category/zerodha-60-day-challenge/winners) /10th Std Pass, Market Wizard from Thrissur

The following comment from Vinay Kamath is very relevant:

I quizzed Joby for quite a while trying to figure out on how he determines the range, support and
resistance and if there was any method to it.

"I was also astonished that he remembered the exact expiry settlement prices for almost the last 10 years."

How many traders can do that.....He seems to be something of a number wizard like Dr. Shakuntala Devi......:):)

Sujatha said...

STB - thanks june settlement should be good...but NOT NOW :) some more rangebound or volatile is good for chotta traders like me

satheesh - :) lolz the same keep an eye on 2535 below 2480 is thud thud

Raghavendra said...

Ahead of RBI meet - BN logs highest ever closing with 100% green tech table

J.R.Julius said...

@Sujatha,
பாஸ் இப்படியே பீதிய கிளப்புங்க.

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