Thursday, August 7, 2014

Nifty Intraday update-II


19 comments:

vishnu said...

Respected Sir,
Namaskar
In TT the 9 hr rsi is too much oversold. Any bounce from here. As numbers also supports.

Ilango said...

@ vishnu,

Let 9 hr rsi, which is in the "below 20 mark", trigger upwards as a confirmation of a possible bounce.

Never read an oscillator in isolation.

A good risk-reward trade comes in the direction of the trend. Hence, always read "fast macd & 21-D for aggressive trades" and "S.macd & 35-D for conservative trades".

vishnu said...

Thanks Sir for guiding me I was induced to take the position only on the basis of 9 hrs RSi.

Prithvi Raulji said...

@master,

Fast MACD setup numbers pls

Prabhanshu Raman said...

Tatasteel- neg ww formed in 15mins at 561.20. A close below it for 2 15 mins will trigger. Sl will be a close above it on 15mins closing basis. 1-4 tgt line is at 550

sudharsan said...

Good afternoon Master and Friends...Master can we re enter shorts near 7683 -89 levels (21hrs and 34hrs sma) pls guide

jittery said...

Prabhanshu Sir,

Tata Steel -WW will trigger at 1.15PM?

vksoni said...

similarity wise if it is running correction from 7687.
current hour low manage within support zone 7628-36 reversal possibility else fall continue.

gs said...

can we see some buying now

vksoni said...

resistae @golden ratio

Ilango said...

@ Prithvi Raulji ,

Fast macd: 5,10,9

Ilango said...

7662 7658 ... is 50%-61.8% retrace of the last rise from …… 7646 to 7677

80% is - 7652

If strength to return again, it should be around 7662 7658

Weakness gets confirmed Below 7658 OR 7652

Ilango said...

BN did 80% at 15077

Nifty did 80% at 7677.

Minor strength above these..

gs said...

7697 is 50% of fall from 7799 7594

Raman Kapoor said...

Sir,

Major strength above 7721 ?

Ilango said...

7696 7709 ... is 50%-61.8% retrace of the last fall from …… 7752 to 7639

80% is - 7729

If weakness is to return, it should be around 7696 7709

Strength gets confirmed above 7709 OR 7729

M. said...

freak nifty future high at 7750 or is this going to get broken?

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