Wednesday, June 18, 2014

Nifty Intraday Update-III


70 comments:

J.R.Julius said...

Cámáríllá Now@Nifty Spot
L3@7596 ↑
L4@7561 ↓

Chetna Jethi said...

@Sir, thank you!

trying....failing,.,,trying...failing...trying.....

Sujatha said...

Julius - :) :) good noon..oru joke - yarume illadha kadayila yarukkuppa tea athareenga???

STB - what is this "guru" astro news?? what is the impact if enter to makar rasi to the world?? and to the makar rasi persons??

herry said...

dear sir now nifty spot above 7622 can 3rd wave is on ( unfoling)

Ilango said...

Prices at 50% retrace-7583, also 34 Hr sma -mild strength above this-intraday..

rahil sen said...

its behaving so erratically.
the retrace should be around 7585.
now breaks 7605 . strange

shriram said...

For ASAP Bulls alternatively,

An i-HnS will alos trigger > NL @ 7650 on Hr !

Tgts: T1: 7650+130 = 7780 / T2: 7650+160 = 7910


Chetna Jethi said...

now,,,,its hilarious...

shriram said...

T2 : 7810 ** sorry

Sujatha said...

Julius - pora pokka patha "yaro algo-la" nifty-a oru podu poda porangannu thonudhu, adhu down-a irundha OK.. or SL clearance sale dhan

Ilango said...

@ herry,

Till the trend indicator(Hour) is not triggered, prices could keep the upward bias..

Hence, would look out for next two hour closes in hour..for confirmation of a reversal or continuation..

atain said...

@Sujatha

"GURU" has entered Karkat (cancer) rasi. Sorry for interfering.

anmpatel said...

first time initiated trade a/c to retrace....god please save my trade....

shriram said...

DATA & PATTERN r again @ conflict today.. 76 strike activity appears Bearish, as of NOW... and yet all patterns forming by "BHAAV" are Bullish Consol. types !

anmpatel said...

@master
for retracement trade we know the SL but when to book? near by support area?
thanks. or when the next fall break 80%?

Ilango said...

Surpassed 38%-50% at 7567-83, hence, intraday strength.

Placed critically at 61.8%-7598 and below 80%-7622.

If weakness to return, it should break below 7583 soon.

Ilango said...

@ anmpatel,

For intraday trades, till experience manifests, book-out in small profits and exit. Let it be just one trade a day. It will build confidence.

As you grow in confidence, more insight will appear to hold for more profits using TT & TA.

10 or 15 points a day for 15 trading days would be 150 to 225 points per month - a pucca retail business.

Chetna Jethi said...

sir, does the market behaviour gives you a sense some short term top at 7700 already or very soon ...may be 8000 or there abouts..with in a month.....or this volatility is about something else

marina s rao said...

Day Low : 7515.50 Day High : 7663.00 Range : 148 Points Day Pivot : 7593 Hr. Pivot : 7553

NS well above HKPC ( Hepta Kilo Penta Cent).

Currently hovering around @ 7590 & above Hr. Pivot @ 7553.

NS around Day Pivot @ 7593 displaying indecisivness.

NS in SOR mode in Hr. T/F & in Day T/F.

Strength above Hr. JNSAR @ 7608 & Hr. Hema @ 7616.

SOR = Sell On Rises

Hepta Kilo Penta Cent = 7500

Chetna Jethi said...

actually i could somehow relate this behaviour to 2006 june, july...i am sure you remember...new highs were coming our ways and then suddenly weaker section was shaken off

NI3 said...

Break of 7583 by today before 3 pm is expection sir?

sometimesbullsometimesbear said...

@Sujakka.....Nyaaan professional astrology scientist ille....Nyaan paithyaaamadi astrology research pannindre....:):)....Idda oru jokeeeeeeeeeeeee....:):)

On Thursday June 19th, 2014 at 8.00 AM IST, Jupiter will move into the zodiac sign of Cancer. The Day and the Moon are both ruled by Jupiter, as the Moon will be in Jupiter's star Purvabhadra. This is a great coincidence, so the day will be totally filled with Jupiter's energy. Jupiter is the planet that brings in luck, money, reputation, the best in any matter. He is the divinity within you, your higher consciousness. A good Jupiter makes you very practical and will cause you to save money, to invest wisely, and to pursue higher education. And until November, not only is Jupiter exalted but so is Saturn. The two outer planets being exalted together create the powerful yoga: RESCUERS FROM KALI YUGA (yuga means epoch). JUPITER and SATURN are the planets that rescue people from sin and reveals the correct way to attain wealth, prosperity and spiritual bliss. No other planets can give the yoga to overcome the obstacles and blockages of the Kali Yuga. This is a once in a lifetime event as the energy of these planets will not repeat in our lifetime. This is, this Yuga's Yoga.

Sujatha said...

atain - but in morning post he said something else i believe hence raised this Q anyway tks.

shriram ji - pls. take all the bulls to "alanganallur" upto expiry. tks n advance

durga said...

Good afternoon master n blig mates
FRSet up coming in hr charts

shriram said...

SB: Wonderful info, tks !

atain said...

@STBSTB
Thanks for detailed explaination.............

NI3 said...

@Sir and friends
Shall carry put if not surpass 7622 as closing basis

Chetna Jethi said...

resisted at 80% of the fall, it retraced, yesterday and same pattern today...

Ilango said...

@ Chetna Jethi,

Month & week are in firm uptrend. Hence, "to fill in many days", market has such volatility. In the end, larger trend prevails.

J.R.Julius said...

@Sujatha,
Hmmm... good joke :))
Sorry just seen ur msg.

Algo... hmm senjalum seivanga.
Elathukkum thayaara irukkanum pola.

Ethana thadava thaan unga fancy number
vanthu pogum. Algo entry point unga number thaano?

Sujatha said...

STB - tks for the information. according to our panchang it has over last week. and coming saturday rahu/kethu is moving...anyway let it be -ve for market upto expiry atleast
learning astro needs really patience and brain..for me - broadcasting and receiving signals both r weak..:( sorry..somehow managed to understand something


Ilango said...

3.00PM TT & Chart updated.

Sujatha said...

Julius - adra adra nakka mukka , nakka mukka mathiri irukkanum

Sir - One Q if u don't mind... do you believe "astro"????

herry said...

dear sir weeness start..? 7583

Harsh Mehta said...

Market are these days day traders paradise :))

herry said...

dear sir now (2) is unfolding...? 3rd is unfolding...?

Ilango said...

@ sometimesbullsometimesbear ,

A relative of ours is a great astrologer based in Chennai.

She said similar things; also said it is an ideal time to have "babies". This period coincides with 1953-56 period.

prakashbkc said...

Master,

Now we have to consider retrace of 7516 to 7612 =98?

shriram said...

Master

Some closing EW view / Wave form view, pls sir, tks

kris$trades said...

@Illango Sir,

Is Nifty making a triangle ? Upper Slope (7700, 7676, 7663) and Lower Slope (7488, 7509). Trade seems to be contracting around 5600 range

Sonu said...

@Ilango Sir,

3pm close above JNSAR but now trading below it. What shall we do in such a situation given the technicals?

SAM said...

sir market nai hadh hi kar di

Ilango said...

@ herry,

Please do not repeat the statements of mine with questions.

I do not know the "Future"; all I understand is some probabilities and the same is stated.

You can take them for your trade entries - not blindly but with a small SL.

No observation of mine could result in significant losses unless there is a overnight calamity which is part of financial market risk.

Understand this and take action if convinced and if you have conviction.

Sujatha said...

sir - exactly u r right...kids who r going to born within this period of dec. is lukcy - but my personal opinion is - ALL THE GRAHAS are good only...nothing is bad... it's affecting us "based on our karma' and now what v r doing...am i right sir??? any god is good or any god is bad?? all the gods are good only.."all the grahas will do good + if our karma is bad we will be affected based on how and what v r doing now and worshipping of god' is my humble opinion

Ilango said...

@ prakashbkc,

The rise from 7516 to 7612 do not show an impulsive 5 but a 3.

Ilango said...

@ Sonu,

3.00PM close was below 7608, Hr JNSAR.

Ilango said...

@ shriram,

I have marked it back to "only a corrective with "C" unfolding down, most likely towards channel bottom.

There is also this broad trading band, slanting upwards, the range being 7700 to 7300 approx.

Sujatha said...

in one word "kadavulai nambinar kai vidapadar" and so as "CAM-i nambinarum kaividapadar"

shriram said...

@ Suja: What about all gundas , politicians karmas ? :-)

I go to Shani Shingnapur every yr to offer prayers, never seen even one well-fed man there.. its always the poor n needy, seen seeking solace @ Maharaj's feet !

Good day all :-)

Ilango said...

@ Sujatha ,

100% agree with you.

shriram said...

Master, tks good day

shriram said...

Master, tks good day

Chetna Jethi said...

@anmp....your trade on fibo worked.

Yash and Dhan said...

One day takes away a months income away.

ITradeForProfit Daily said...

Master's 7529 seems to be arriving !!

marina s rao said...

Day Low : 7515.50 Day High : 7663.00 Range : 148 Points Day Pivot : 7593 Hr. Pivot : 7591

NS above HKPC ( Hepta Kilo Penta Cent).

Currently hovering around @ 7550 & below Hr. Pivot @ 7591.

NS well below Day Pivot @ 7593 displaying weakness.

NS in SAH mode in Hr. T/F & SOR in Day T/F.

Strength above Hr. JNSAR @ 7606 & Hr. Lema @ 7561.

SOR = Sell On Rises SAH = Sell And Hold

Hepta Kilo Penta Cent = 7500

Ilango said...

The strategy that has worked consistently well with low risk-high reward ratio is "Initiating a trade at 50%-61.8% retrace with 80% as SL". Adapt to it.

61.8% at 7598 with 80% SL-7622 is unfolding down.

raghava said...

Master,
Any Supports?

anmpatel said...

@chetna...
yest...but booked at 50 point...

@MASTER....A BIG THANKS...

till now i did not dare to trade against JNSAR...now let's see....
a beginners luck...

Sujatha said...

thank u sir - what else i need ??? except good blessings from good people.. this is also my good karma.."nama nallavangala irundhal" kadavul namma pakkamee , and universal power also automatically come to us... but sometimes v should be alert "as said by krishna" in mahabarat that's the good one what he say about the "gambling" there is no end for good topic.

tks for not scholding me :)

pranams

Sonu said...

Thanks Master. 7622 saved the day :)

God bless and thanks a ton!

Prabhanshu Raman said...

Sir, seems like will not close below 7529

Sonu said...

Master,
7635 is 80% of last rise. Any thoughts?

chetas said...

Master,

Thankyou very much for the guidance, today was a very good trading day.

Prakash Tamilnadu said...

Please dont carry shorts.

Prabhanshu Raman said...

Bhel - below 238.2, expect 231 and 226 => bear flag in 15 mins

prakashbkc said...

Master,

We consider only retrace of 5 wave form not 3 wave?

J.R.Julius said...

@Sujatha,
///in one word "kadavulai nambinar kai vidapadar" and
so as "CAM-i nambinarum kaividapadar"

Yes. I believe the same.
Surrender to Guru/Saint.
Surrender to Istadeiva/God/Universe.
Surrender to System/Right Rules.
will save us from all the past bad Karmas.
All we need Shraddha & Saburi.

Ilango said...

@ prakashbkc,

80% rule does not apply to 3 waves. But you could use it for the 3rd wave of the 3 waves for confirmation of a likely reversal..

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