Thursday, August 14, 2014

Nifty Intraday update-I


36 comments:

DR.SGM said...

Dear sir,considering the fall from 7809-7422 as A,is there any possibility to consider this upmove as 'c' leg of B.

nifty rider said...

@hitendra sbin has strength above 2398 and its making its bottom....and its future rate, one may buy above 2370...

Hitendra said...

Thanks nifty rider for your views

Ilango said...

Yesterday's correction from Pre-Mkt resistance of 7757 was of 58 points.( "(iv)"th wave)

Today's correction could be more than that from Pre-Mkt's resistance of 7776.("iv"th wave)

Ilango said...

@ DR.SGM,

There are two scenarios as labelled in our EOD posts.

1. vth wave of the 3rd wave is unfolding.
2. 4th wave's "b" wave is unfolding.

Ilango said...

There is an alternative view in the 2-min chart for the rise from 7699. A 5 may not have been done but only a 3. Accordingly, if 7750 is held approx, new highs possible closer to 7800.

Manish said...

Goodmorning master and all friends,

+WW pattern in Reliance infra hourly chart.

Unknown said...

GM Sir n mates. For ppl tracking BNF. Please b careful of going short on BNF. In the current wave from 14984, 80% retracement is @ 15029. if BNF sustains this. NEW HIGHS

sudharsan said...

Dear Master and Seniors Views on TATASTEEL pls

Unknown said...

Likely targets to my previous comment on BNF = 15126 -15176 plus plus zone

Sonu said...

@Ilango Sir,

In both scenarios direction is down? either 4th or 4.c. Am I right?

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, Pivot-7743, R1-7780, R2-7813, VWAP-7778

The PE writers are active from the morning itself with huge aggressive addition at 7800PE Level, downside if any for the time being should be limited, Buy dips till 7755NF hold…

Thanks & Regards

Unknown said...

There is juss one resistence at 15557. beyond dat none for the day

Unknown said...

sorry dat was 15057 not 15557

Rajesh Rekhani said...

Tata Steel a ending diagnal at the bottom. Looks a Buy. Seniors pl. comment.

kumar k said...

Hi sir
A correction is fall or it could be rise also?

Raghavendra said...

Note from Aug 11th on Tisco :

=========================
Raghavendra said...

@ Prabhanshu & Bharat,

Tisco is in a zig zag correction of the rise from 492 to 574 . Critical support are from 520 to 528 by way of lower trend line and a week low ema. Weekly close below 520 changes this view for a lower low below 492 as part of larger sideways move of the rise from 388 to 580.
August 11, 2014 at 1:54 PM

===============================

Tisco made a low @ 525, coinciding with 61.8% retrace of the rise from 492 to 574 and at week low ema.

Please note my views are from an investing angle as i dont trade in stocks in F&O

Unknown said...

50% retrace of the current rise fron 14984 - 15104 is 15067

mayank said...

Sir,

JNSAR values in TT are not updated 7687 was jnsar for 11th not 12th as TT shows and so on ...

Regards

Unknown said...

i beg ur pardon. the wave was 15029 - 15104

Unknown said...

80% is 15090 on BNF.

Prithvi Raulji said...

@Master,

IS Daily MACD Crossover??

Thanks in Advance

Trader Junkie said...
This comment has been removed by the author.
Unknown said...

BNF is TIGHTLY LOCKED with a 46 point range between 15044 - 15090. A CONTRARY view MAY PREVAIL

nifty rider said...

voltas made my independence day......

Prithvi Raulji said...

Nifty Trading above WHEMA

Trader Junkie said...

the alternative view of 5th pending can take us at max to 7800-7820 given that 1st has been of approx 50 pts and 3rd of approx 40 pts - 5th shouldn't go beyond 40 pts from 7780 !

Prabhanshu Raman said...

Sir, dont you think that alternative view as per in 2mins, 4th wave (from 7699) took much time. Can this view be negated now? Please advise

navtash said...

SIR,
today is the last day of the week , what are the possibilities for the day

Prithvi Raulji said...

A fear starting in the market,
what now, nifty not going up,BN lost strenght, sbi weak, holidays,
Lets close all position

The Traders going on holidays

May be Kucch bada hoga

Unknown said...

If the current wave is the 3rd one on BNF n we enter n sustain below 15040-44 range expect Volatility on the downside

Prithvi Raulji said...

7800 PUT OI look good

will cross today??

Prithvi Raulji said...

@Master,

The i wave was 143 point,
So can we assume that after iv the v wave min 143 point??

Unknown said...

STUCK in a RANGE n FRUSTRATING!!!!!!

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