Friday, July 4, 2014

Nifty Intraday Update-II

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83 comments:

shriram said...

BN has broken St.5DEMA, NS will if it trades < 7657

76PE has liquidated... Bearish developments... need action by bulls to arrest

Sonu said...

Sudden drop in 7600PE
http://www.niftytrader.in/nifty-live-change-in-oi/

N Ram said...

I warned yesterday 7732 and GAP Area i hope somebody has seen before it was deleted

Sonu said...

@Ilango Sir and Shriram Sir,
5 waves seem done from day's high?

shriram said...

Trying to analyse based on my checklist... NF OI has added 2+ % wid this fall ... this has to be NEW MONEY ADDS to create Fresh Shorts..

Ideally, since this run up started NF OI has added, so in todays case, Longs shud have liquidated in the fall !

Seems 2 sets of ppl r playin push-pull.. Old Longs r holding on, & Fresh Shorts have been added intra ??!!

Stockathon said...

Nifty playing in between WEEK R2 @ 7666 and Week R3 @ 7739

Guru Krishnan said...

Illango Sir, yean sir, ippadi oru thollai ungalai sutthikitte irukku.. ayo kadavule.. konjam ivankku nal vazhi kaatu...

shriram said...

@ N Ram : Are u the judge ordained from heavens to decide & declare ?

Sonu said...

@Shriram Sir,

though 7600PE OI has decelined but for other strikes the OI has increased. Maybe it is one off instance when someone played the levels well and closed all PE longs with target. What do you think?

navtash said...

sir ,

why retracement is calculated from 7482 to 7755 in fibo retracement table , why not 7442

herry said...

dear ilango sir now it sector viwe..?
TCS,INFY,HCLTECH...?

shriram said...

@ Sonu: possible.. EOD has to close > 7657 NS to justify that view

TIme for sappad, Bon Appetit !

Sonu said...

7708-7720 is 61.8% and 80% retracement of current fall from 7734 to 7767

mridul deka said...

no one here has the right to criticize the folding or unfolding of events here. if this man is saying wgatever he has 2 say,let him. sonu garg it is his blog not urs. i was once his greatest critic. 2day m a wiser man for having followed his insight into the mrkt. i do not claim to having worshipped him or even kissin him for whtever he has done. yet I do believe dat Imust thank him for having giving me a reasonable insight into this. i write my comments here from a friends gmail account. my name is Deepak Gupta n I m aka UNKNOWN. to everyman here, let each man do unto himself

msathiya said...

Dear SAR traders and friends
Accidentally I founded the SAR similar to JNSAR.
My request to core SAR traders to help me out in back testing it.
The file is uploaded here with last 2 years of both the data...
https://docs.google.com/spreadsheets/d/1dESqVIu1qLjYFCRiF6nESimLZXLgL03-9PAX1cLCvFI/edit#gid=0

mridul deka said...

@ Ram. B mature n act mature. he has never claimed to b Gods gift 2 mankind. so y wud u wanna follow him????. unknown

DR.SGM said...

Dear sir,2nd wave took 2 days,this supposed to be the 4th wave is taking 2 days,the 5th could end around 78xx.if so there is a possible scenario of a ED development in nifty future day chart.pls give your view.thank you.[the last correction broke the trendline in day future chart]

ITradeForProfit Daily said...

Nifty bounces back from ND Sir's ATR Buy zone. Now above PP may reach ATR Sell zone too.

mridul deka said...
This comment has been removed by the author.
shriram said...

@ Sunil Garg:

1. i dont use Moving Avgs Stand-alone to ENTER a Trade, as a MA has LAG, so check ur statement about me.

2. JNSAR is a derived Moving Average, so it is natural that it will face whips. whats the issue , there if u know what it faces ?

3. I come here to LEARN, & i have learnt a lot on "HOW TO THINK" from Ilango. That is a PRICELESS GIFT. If u expect to be SPOON-FED, thats ur funeral.

Sonu said...

@Sunil Garg,

You can see the market has faced some resistance at 61.8% fib ratio @ 7708 just now. The next resistance zone being 80%
Whether it reverses from here or not is a separate story.

mridul deka said...

guys NIFTY is on a SELL at yesterdays close as per my chart

shriram said...

Master,

To EW eyes, is a ZZ done from 7755 NS or more water to flow under the bridge, sir ?

Raman Kapoor said...

Looks like an inverted HnS with neckline at ~7688??

shriram said...

can see the following 5waves unfolding from 7442 NS:-

1 7442 7593 151
2 7593 7482 -111 -73.5%
3 7482 7755 273 180.8%
4 7755 7662 -93 -34.1%
5 7662 7782 120 43.8% ** in play , 1=5 tgt is = 7813 NS


gauresh59 said...

@ Sunil Garg.

I think you have not understood SAR system very well. In SAR system multiple lots to be taken and one is required to book partially step by step and in this process of booking partially one can use retracement and go on rotating his partial position and funds both. While doing so, he will not have to face any big negative results of whipsaws whatever number it will be. And ultimately will be in good profit in net net. And thus the problem of whipsaw is solved automatically.

shriram said...

@N Ram: Then start ur own blog. Make money , keep ur family happy !
Why r u here , messing up ur own valuable time ?

sometimesbullsometimesbear said...

@Acche insaanon ke sangat mein raho.......Be in the company of good human beings......Ilangoji is a good human being....as also so many others here on this blog.....Acche logan hain....

That works for me.......Baaki Devi ki kripa........Jo bhi deti hai....hansi khushi accept kar lete hain....whipsaw tho whipsaw....trend tho trend...friend tho friend.....GF tho GF.....oooooooops sorry.....:):)

Every human being is different....Different strokes work for different folks.....:):)

Kya Ilangoji aapka kuch bigaade hain? Has he harmed u or anybody?......Why so angry dost.....Why so negative....

Want to make money.....????? B+ (not a blood group).......:):)

DR.SGM said...

There r various classes of traders,newbies,people with knowhows of tech,EW. parer trading people,moderately experienced people,and well experienced people.each one must know to which class they belongs.so everyone should try to understand the views given by master suits them,their class.for newbies jnsar s there.for well experienced, they can confirm their plan by his views.others can papertrade his views along with real jnsar trade,sothat one can get experience.it will take minimum of 3-5 yrs to become an experienced,successful trader.one can utilize his views and learn,to promote themselves to next class.hope my view is useful.thank you.

dharmu mishra said...

Dear stbt
perfect way of explanation by u
MEETHE BOL BADE ANMOLE

Prabhanshu Raman said...

Raman, either ihns or bull flag bo above 7708 but 7688-91 should provide support

suresh said...

Write down "positive in negatives" you will never have negative thoughts/actions

shriram said...

@ Dharmu: ye lathon ke bhoot hein .. saamne dikhe to maza chakha denge ;-)

ITradeForProfit Daily said...

Nifty has now crossed dev PP bouncing back from ND Sir's ATR Buy Zone.

Parimal said...

N Ram, your name reminds me of Shri Ram who was Purusottama yet so very humble and obedient to the dictum of the course of life. his spiritual mentor Guru Vasistha taught him one final lesson: 'caraiveti Ram! caraiveti': O Rama keep moving ahead and accept what life gives you.
Mr N Ram, you seem to have stuck. you have not learnt anything from here.
no hard feeling, please. please, do not malign and nice man that Sir Ilango is.
for God's sake, please do not do that.

krsnatrade r said...

sir,
rqust for TT update

Guru Krishnan said...

MID POINT now strong @ 7692 with slight decrease in PCR 0.87, which mite hurt the upmove .. but this is last hour anything can happen..

dharmu mishra said...

Respected shriram
how r you sir
these people just like to distract our concentration

shriram said...

@ Dharmu: yes.. tks for reminding me on FOCUS.

NS will finish a H-prob 5wave Seq. if it makes a HH > 7755 .. also a -WW is likely to form pt5 on Hr TA near 7760-85 NS range.

1-4 tgt will be 7660 NS, lets c

Raghavendra said...

Being last day of the week - critical number for remainder of the day for now is 7627 ( Week High EMA ) to keep the week trend UP with momentum.

Being last hour of the day - critical number for the day to keep trend alive is 7701 ( Day High EMA ) to keep the Day trend UP with momentum.

As long as these hold for next 1 year - i am in agreement with Shriram's count.

Prabhanshu Raman said...

Nafrat ki duniya se bahar aao sab log and nifty ji per dhyaan dein.
7661 - 7708 5 waves
7695 - xxxxx another set of 5 waves. ..
No idea whether wave are subdividing

Raghavendra said...

Typo - 1 hr and not 1 year :)

Guru Krishnan said...

@Raghavendra --- :P First I thought I read by mistake..:) :)

Guru Krishnan said...

@Master --- >> Looks like small channel break and emerging as fifth??

Raghavendra said...

Similarly for BN :

Week High EMA = 15420
Day High EMA = 15455.

dharmu mishra said...

respected shriram sir
thanks for ur update

SAM said...

Dear N RAM.... atleast RESPECT YOUR NAME and BEHAVE .....

Crorepathi said...

Market gives fitting reply on behalf of Master, rats running for cover!
lolzz

Guru Krishnan said...

@Crore :P lolzzz hhaha hahah ahhaha hahaha @STB rem Laughing Buddha ?? :) haha haha haha

shriram said...

EW re-calib:

Fibbo "v" can do min. 38.2%x(o-iii)+iv =7782 NS,, ideal place to book out longs !

mridul deka said...

reliance 10SMA @ 1025 - 1027

ITradeForProfit Daily said...

Nifty just 20 points away from ND Sir's ATR Sell zone

mridul deka said...

Also just as a point av interest. watch 7777,77

Guru Krishnan said...

@Shri if everything goes well I see 7826 min with my Garam masala calculation...for this to happen in next week 7730 should hold ...

shriram said...

@ Guru: v=i is 7813 NS, above that , the wave count will change... if current label set is right... this is a time to plan bookin out of longs..

Next week might be sideways if we finish an Impulse with a HH today or Monday morn.. OI also is not supporting Bulls as of NOW

msathiya said...

gauresh59 sir sent a mail to your gmail id, please check if time permits, thanks

suresh said...

Ns aggresive sell @ 7727 and
conservative sell @7745/61

shriram said...

kidhar gaye bhai N RAM ... tera kriya karam market ne 1 ghante mein kara diya..

Kar Galat , Saja Bhugat !!

Tats y i love trading... swift & transparent judgments.. NO OPINIONS ;-)

ITradeForProfit Daily said...

10 points remaining to traverse from Buy Zone to Sell Zone

Raghavendra said...

As of 3 PM closing BN TT is 100% green.

HHEMA = 15495
DHEMA = 15485

Guru Krishnan said...

@Shri I agree... but I sense some more upside is left for this... looks very very impulsive to my eyes..

shriram said...

BN takes the lead in everything !

First, it traded < St.5DEMA b4 NS, now its formed the -WW on Hr TA , b4 NS too :-DDDdd

Crorepathi said...

This stinking rat comes here for prey, and it's prey are people who are STUPID,LAZY and GREEDY!
we cannot help both the rat and victims, only thing is to stay away!

shriram said...

@ Guru: Then i can only urge u to replace "human sense" by "Data Focus" .. we hv had such discussion multiple times :-)

Just RIL & HDFC r pullin up the market currently, OTM CE OI is not liquidating, NF OI has remain unchanged ... wot does this say ??

anmpatel said...

@shriram
reliance likely to close above Dhema and definately close above Wlema.....
any spontaneous thoughts?

Sudhakar said...

Good Afternoon Satheesh

Thanks and appreciate your guidance and updates in Tata Motors. Particularly for Diamond pattern chart.

ITradeForProfit Daily said...

There u go. Journey from Buy Zone to PP to Sell Zone completed successfully. Kudos to ND Sir.

Guru Krishnan said...

Shri -- I don't see much writing is happening in CE at present.. they are very cautious.. and I see strong writing possibility only at 8k and 79k in that order... so they are giving some room to run.. it "MAY" be "Sell on News" on budget..

shriram said...

ANMP : bhai mere, chart diya to bole the Wk MACD down, ab kya bolun , Gap Filling in RIL can take it > 1045, and more highs possible.

Nifty tho seems to be ENDING a 5wave rise.. so i m tending to book longs in the zone 7760-7813 NS

Raghavendra said...

NF and BN does faster retracement of last falls ( yesterday and today )

DR.SGM said...

A near completion of 5 waves,hanging man pattern in day chart.one can understand how a reversal theory is arrived,if follow up candle appears.

shriram said...

@ Guru: there is no liquidation in face of the rise in the OTM CEs.. tats the Obsv. to note..

Anyways, lets c on Monday now, Have a nice weekend all . Focus on ur SWOT , make ur life worth it !

Prabhanshu Raman said...

Also there is -ve divergence in hourly chart??

satheesh said...

@ Sudhakar,

Most Welcome :)

Guru Krishnan said...

@Shri-- yup point noted.. lets c, what happens..Happy weekend all.. :) )

learner said...

Dear Ram- I have been following your comments ,please be honest to accept that you have been wrong too. Why do not you start your blog so that we can peep in. if you realise you are unwanted somewhere then why do you butt in?

mayank said...

As stated by Illango Sir in pre market
"Aggressively Holding above 7707(3-Hr low), Conservatively Holding above 7658(DEma), uptrend continues....
(iii)rd wave has started from 7623 within which another sub-wave started from 7690.
Any kind of 3rd wave should be followed with patience and following its sub-waves could mislead.
And this could be mitigated with inputs from other studies such as TA/ TT/ OI."

Regards

msathiya said...

updated file as per masters "colors" only... planning to update daily

https://docs.google.com/spreadsheets/d/1dESqVIu1qLjYFCRiF6nESimLZXLgL03-9PAX1cLCvFI/edit?usp=sharing

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