Tuesday, July 8, 2014

Nifty Intraday Update-III


43 comments:

Ilango said...

7677 is DLEma presently.

marina s rao said...

Day Low : 7675.55 Day High : 7808.85 Range : 133 Points Day Pivot : 7778 Hr. Pivot : 7728

Currently well below Day Pivot @ 7778 and Hr. Pivot @ 7728.

NS hovering around 7680.

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

Weak till below D Ema @7719.

SAH = Sell And Hold.

SOR = Sell On Rises.

anmpatel said...

kahi..sar...hit...na...ho...jaaye.....

Sonu said...

@Ilango Sir,
NS below 2 key averages and done 80% of last rise from 7661. But still above JNSAR.
Whats the view now? Do you see 5 waves done?

anmpatel said...

@master
what is the hrly TL value? 7677? same as DLEMA?
thanks.

Ilango said...

@ anmpatel,

2nd chart's TL is almost reached; as a ivth wave, it could take a "break" & reverse as long as DLEma - 30 is held which is ....xxxxx

raman perumal said...
This comment has been removed by the author.
Ilango said...

10dma at 7650 is acceptable for the "iv"th wave.

First chart's channel bottom would be around 7600 approx.

sometimesbullsometimesbear said...

@7800...

Modi sarkar needs to do some brainstorming on how to tackle the ball through this level.....The budget needs to be different....or else....

Still nothing is lost.....if markets hold until budget day.....:):)

Ilango said...

@ Sonu,

1. Nifty opened into Pre-Market's resistance;

2. Nifty retraced the first fall from 7809 to 7745 @ 7779, 50%-61.8% zone.

3. Nifty closed below 21 Hrsma at 1.00PM at 7734(21 Hrsma-7744)

4. Nifty closed below 34 Hr sma at 2.00PM at 7715(34 Hr sma - 7732)

These are the regularly followed methods for intraday.

Let JNSAR gets triggered, deal with it as per your choice- filter or no filter.

shriram said...

G,Afty Master & JN Family,

Ysdays -WW tgts are done ... eyes on retrace of wave 7442-7807 NS now.. have a gr8 day !

Prabhanshu Raman said...

Shri... -ww ... only 1st tgt is done. .right??

shriram said...

@ Prabha: once 1-4 Tgt is achvd, any futher over-performance (brkdown in this case) needs to be seen via EW or classic TA or Market Profile or OI.

Not v sure WW guides beyond 1-4

shriram said...

http://prntscr.com/40jx6p

here, the completed pattern.. what next ?

Sonu said...

Thanks Ilango Sir.
Do we still keep the current EW count as the preferred one (making another high to complete 5)? Or do you now give more weightage to any other EW view?

Raman Kapoor said...

@Sir,

How do we figure out the start of v after channel break as in 4. Is it a hourly closing above the T/L?

Thanks

Ilango said...

Prices are holding at Day channel-7651 presently.

Weakness gets pronounced below it.

Ilango said...

Day Macd(slow) turning down at such a juncture along with 9 day rsi at OB zone suggests of weakness ahead unless prices show reversal from here..

Ilango said...

3.00PM TT & Chart Updated.

shriram said...

Master,

Day Candle forming Engulfer Bear ....and this is closing < prev. Highest sub-frac Day open of 7679 NS too sir ?

Prabhanshu Raman said...

Sir........ retrace ftom 5933..... you scaring me...5 done from 5933??

Hitendra said...

extreme weakness and no rebound from supports

anmpatel said...

dev DLEMA is 7664 so prices still in DLEMA-30...aur thoda

Sonu said...

highest addition in 7500PE today:
http://www.niftytrader.in/nifty-live-change-in-oi/

marina s rao said...

Day Low : 7637.05 Day High : 7808.85 Range : 171 Points Day Pivot : 7778 Hr. Pivot : 7680

Currently well below Day Pivot @ 7778 and Hr. Pivot @ 7680.

NS below D JNSAR @7640.

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

Weak till below Hr. Pivot @7680.

SAH = Sell And Hold.

Hitendra said...

absolute carnage

Raman Kapoor said...

Thank You Sir,

Based on your yesterday's EOD post should we now consider completion of 5 waves from 5933 or is it too early?

Venky said...

master can we take agreesive longs @7600 levels

Hitendra said...

Nifty double century on cards

Sonu said...

@Ilango Sir,
"First chart's channel bottom would be around 7600 approx."

Does it mean 4th can end now?

anmpatel said...

@shriram
nf OI suggest not much addition (only 0.95) is that any significance? no long unwind and only small short build up?
thanks.

chetas said...

avg closing at 7620 levels

Prabhanshu Raman said...

The power of WW :-)
Thanks Shri, for teaching this. ..

shriram said...

@ ANMP : Long Liquidation in NF, & most likelysmall qty new shorts added in BNF

Raman Kapoor said...

@ANMP,
The final change in the OI of Nifty future is updated on NSE's website around 5 pm. We might see higher liquidation then.

Sonu said...

@Raman Kapoor,

Please share the link to see OI of Nifty Future. Thanks.

Raman Kapoor said...

http://www.nseindia.com/live_market/dynaContent/live_watch/fomwatchsymbol.jsp?key=NIFTY&Fut_Opt=Futures

(select the expiry date)

As expected NF has liquidated 6.4L shares

Sonu said...

Thanks Raman,

jig shah said...

hellow sir....

plz send me a excel file
my mail id is jigshah2193@gmail.com

Nifty Beginner said...

Sir, Could you please give the download link for excel file

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