Wednesday, July 9, 2014

Nifty Intraday Update-III


31 comments:

marina s rao said...

Day Low : 7551.65 Day High : 7650.10 Range : 99 Points Day Pivot : 7676 Hr. Pivot : 7619

Currently well below Day Pivot @ 7676 and Hr. Pivot @ 7619.

NS below D JNSAR @7674.

NS currently hovering around 7605.

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

Above 7618 above mode gets negated in Day T/F.

BOD = Buy On Dips

SAH = Sell And Hold

Sonu said...

@Shriram Sir,

If NS touches 7680, it will activate i-HnS. Have you considered that possibility?

deepak pinto said...

An irregular triangle
Sign of a bounce

Num Char said...

Observation :
In last few falls nifty has reversed from "hr s.macd" 30 mark in -ve zone , see 1st chart .
If it holds this macd level can do some bounce .
On the other hand bounce has been restricted to 38-50% of 7777-7552 fall poising for 5th down .
Cat on the wall :) some one shhooo the cat to jump either side.

shriram said...

@ Sonu: Business of Businesses pt 1 , revisit :-)

I-HnS becomes H-prob only when there is MACD +ve Div formed @ the HEAD of the i-HnS (wrt LEFT Shoulder) !

shriram said...

the suspected ZZ / WW is becomin low-prob almost..

most likely 5th wave down, may seek LL below 7552 now to finish a 5 from 7807NS ??

Sonu said...

@Shriram Sir,
Thanks for info. Well noted.

STOCK4SURE said...

a small bearish ww my be developing in nifty charts
may have formed pt5 near 7630ns
trgt 7600-7590
July 9, 2014 at 1:34 PM

ns cmp near 7591

now dil bole 7650 till eod........no tech call

herry said...

DEAR ILANGO SIR TODAY HOLDING 7550 CAN ( E ) IS UNFOLDING...COUNTINU...? TODAY CLOSE ABOVE DLEMA...?

marina s rao said...

0.80% retrace of rise from 7552 to 7650 @ 7572.

Will 7572 provide support to NS in this fall ?

herry said...

dear sir maruti viwe plz..?

shriram said...

yeah.. seems so , aint it ?

Prabhanshu Raman said...

Now 7551 support moved down to 7541 and below that 7525 aprx is the support

Raghavendra said...

@ Herry,

DLEMA @ 7618 - Far above.

On a lighter note : Maruti will reach 5000 in 3 years - will you hold ? :)

herry said...

yes i have long what to do..?

shriram said...

H-prob contra-long setup comin near 7547 NS ?? (retrace ABC play to 7807-75xx )

Ilango said...

a=7552 to 7650
b=7650 to 7559
c=7559 to

Venkatesh S said...

Hi Illango sir, i am new to this site. What is a b c concept?
Please explain.

anmpatel said...

@master
can we count like this
a=7552-7650
b=7650-7585
c=7585-7633 if 7559 break? c can be taken truncated?
thanks.

shriram said...

Master,

So now, better to see 7807-7552 as a 5 seq. complete ?

STOCK4SURE said...

NS TAKING SUPPORT AT t/l OF 7441 AND 7552

if channel is developing then may probably trgts 7700 till tomorrow and 7850 next week

Bharat Kumar said...

@ Chetna / Prabhanshu/ Shriram - Your views about RCom pls!

Ilango said...

@ Master,,

It could be taken as a 5 with the (v)th truncated at 7559. Or it could make another low to complete the (v)th. - Possibilities

marina s rao said...

Day Low : 7551.65 Day High : 7650.10 Range : 99 Points Day Pivot : 7676 Hr. Pivot : 7582

Currently well below Day Pivot @ 7676 and above Hr. Pivot @ 7582.

NS below D JNSAR @7674.

NS currently hovering around 7585.

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

Above 7618 above mode gets negated in Day T/F.

SAH = Sell And Hold

herry said...

dear sir so Vth is done mkt is topuot...yesterday..?

Aly said...

Dear Ilango sir,

wouldnot 7651-7559 qualify as a 3-wave instead of a 5-wave?

shriram said...

hahah.. sir, ur in a good mood today..nice to see !

the OTM PEs r not liquidating much, the OTM CEs have added some, slightly confusing OI signals.. so asked, tks :-)

Bharat Kumar said...

@ Chetna / Prabhanshu/ Shriram - Your views about RCom pls!

Prabhanshu Raman said...

Hi Bharat, I have my view on rcom in pre mkt post itself. Please check

Ilango said...

@ Aly,

From 7633(truncated c of abc), it could be a 5 or unfolding still.

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