Wednesday, July 23, 2014

Nifty Intraday Update-I


20 comments:

Guru Krish (Trading Nirvana) said...

Now many will be thinking of "Double - Top" ... so what to be done ??? Master's Trailing stop is the answer :)

herry said...

DEAR SIR CAN YOU GIVEN ME INFY VIWE..?

Bharat Kumar said...

@ Prabhanshu - One 30m closing below 160.60 done?

S N said...

Sir / Friends,

When we talk of retrace from 7718 to 7809, we are supposed to go long @ 50 % level (7764)and 61.8 % level ( 7753 ) with a stop loss of 80 % level ( 7738 ). Is that correct. I would appreciate your guidance. Thanks

SN

Guru Krish (Trading Nirvana) said...

Intra 12 lac OI addition on 78k PE.. ..:)

vksoni said...

An abc correction from 7809?
7809-7780 a
7780-7796 b
7796-7766(7748) c

Ilango said...

There is a perfect reversal bar at 11.00AM; hence, weakness below 7779 and strength above 7809.

Prabhanshu Raman said...

Bharat, at 11 idfc closed below hrlema as well... dlema is placed around 156.. keep an eye on this as well. ..
Tatasteel finally falling down. .

Sir, do you see rising wedge in nifty 60 mins as well. Prices got resisted at upper trendline.. lower trendline support comes near 7765-68...and hourly closing below it will trigger rising wedge pattern???

Squander Star said...

Master...

Thanks a lot, timely advice

DR.SGM said...

Dear sir,want to gain some knowledge about the reversal bar,you mentioned elaborate on it.thank you.

Guru Krish (Trading Nirvana) said...

@Master -- for Intra, looks like 5 completed @ 7768 ??

Guru Krish (Trading Nirvana) said...

7805-7785 - a
7785-7809 - b
7809-7768 - c

cooldent said...

DR.SGM

http://trading-stocks.netfirms.com/tradingtriggers.htm

Ilango said...

@ Guru Krish (Trading Nirvana),

It is not a 5.

Bull: minor "abc" done.

Bear: 1,2,3.1 done or still unfolding....

Hence, monitor the retrace for the last fall from 7791 to 7768.

Guru Krish (Trading Nirvana) said...

@Master - Thanks, taking small baby steps in understanding Waves with your help.. :)

Ilango said...

It is only an "abc";

For intraday bearishness, it could only be "abc - x abc"

ITradeForProfit Daily said...

Bullish engulf in gap support area in 15 min charts.

DR.SGM said...

@cooldent,thank you.

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