Monday, August 18, 2014

Nifty Intraday Update-I


18 comments:

nifty rider said...

sbin consolidating for upsurge..

vksoni said...

sir,
a 5 done from 7696?
in 5 min chart

Unknown said...

Gudmornin Sir n mates. Cud not catch the 1st wave on BNF as I got in late. The 2nd n 3rd r as follows.

1. Missed it
2. 15198 - 15269
3. 15269 - xxxxx . follow the retracements accordingly and trade
August 18, 2014 at 10:24 AM

Unknown said...

current wave retracements on BNF as follows

80% = 15255
62.8% = 15243
50% = 15233
38.2% = 15225
20% = 15212

Unknown said...

Good idea with minimal risk to short BNF at 15255 with sloss at highs

Ilango said...

@ vksoni,

Instead, look out for a 5 from 7760.

7760 to 7796.60 was the 1st as a LD,

After an irregular flat, the 3rd is unfolding from 7779.20(today's low)

Unknown said...

BNF is belying all understanding. It is sustaining at every fibo of its Waves

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, Pivot-7788, R1-7828, R2-7852, VWAP-7810

The PE writers are adding huge at 7800-7700 Level and now 7700 could be the base for the series moving forward, Buy the Dips till Daily VAH at 7802NF is held…

Thanks & Regards

vishnu said...

Very Good Morning Sir

Ilango said...

Prices have been making HH & HL in Hour chart since the low of 7540.

For the day too, the 2-min google chart has displayed HH & HL so far.

Hence, for the day, weak below 7822 or 7808(5-min)

Piyush Sharda said...

sir can we say 5th from 7760 so weak below 7822.7-7832.7 's 61.8%/80% ??

vksoni said...

mostly intraday correction of 12 points today

Ilango said...

@ Piyush Sharda,

Yes.

Ilango said...

@ Piyush Sharda,

One small correction.

You could consider 5 done from 7772, not from 7760.

vksoni said...

max correction of day is 15 point

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