Friday, August 8, 2014

Nifty Intraday update-III


31 comments:

chetas said...

My guess what Shriram would have said : ( joking)

1) Time to apply Bell Curve maths to Nifty Spot
2) low of the day -Dev.Dlo is 70 pts . THis is the mean of the Normal Dist.
3) 1st std deviation levels are x?!_)(X**
4) day low may be in 67% confidence level

Can't even immitate sriram's briiliance, but i have a gut feeling he would have said something like this :)))

Prabhanshu Raman said...

Chetas: lolz... we really can't even copy him. Such a brilliance

S N said...

Friends

when is SBI results ??

Thanks

SN

bb said...

S N it is out -
http://in.reuters.com/article/2014/08/08/state-bank-in-results-idINKBN0G80NZ20140808

Guru Krish (Trading Nirvana) said...

@Chetas -- here is the message fr you from Shriram :)

"Chetas s right tho.. if wer 70pts < dev.dloema there is 68% chance tat days low s done"

DR.SGM said...

Dear sir,it seems market is in 'c' leg of 'b' of B wave .is it a valid view?

Sony XT said...

Chetas : Lol :P :P

Ilango sir - How about adding a Like Button to our Comments Section !

chetas said...

@ Guru!

Wow. thanksyou. Did he messaged you?

Guru Krish (Trading Nirvana) said...

@chetas... He is on his official meeting.. msg'd in FB..

BALA said...

what is his FB ID

jittery said...

Prabhanshu Sir,

+ww in Tata Steel??

Prabhanshu Raman said...

Jittery, thanks. But it will form below 535.20. Low made till niw 535.40.

gs said...

guys what is the oi situation at 7600

looks like we can see some upmove from present levels

ITradeForProfit Daily said...

Looks like WLEMA protected well by Bulls.

jittery said...
This comment has been removed by the author.
Prabhanshu Raman said...

3pm close is above hrlema and hr pivot. 7500pe are still holding.
7600pe seen some liquidation but oi is still far ahead of 7600ce

gs said...

prabhanshu thanks for oi update

rj said...

@ITFPD >>>>still Bears will be ruling as they hopefully closing nifty below WEEKLY JNSAR now thats GOOD news

ITradeForProfit Daily said...

Also Bulls trying for a close above day pivot.

Raghavendra said...

Small hammer pattern developing for the day if the close is between 7575 to 7585

Trader Junkie said...

a long day spent just looking at the chart :) ! Thanks Sir :)

I'm enjoying the experience on this blog a lot more now that a lot of the noise has been cleaned up...

Prabhanshu Raman said...

+ww will also trigger above 7595 on 2 15 mins closing basis. Not possible today.
1-4 tgt line is at 7800+

DR.SGM said...

The probability of closing above wklma pushes the bears to cover their positions.

Prabhanshu Raman said...

Also 80% of last fall retraced. Sir, sign of a lil bounce as hour and day are oversold as well. Only thing is lead indicator is below trigger. Advise.

Raman Kapoor said...

@Prabhanshu,

Are you sure that day is oversold?

chetas said...

avg close running at 7567 levels

Raman Kapoor said...

Dear Sir,

Have the tentative labels on day's S.MACD chart been resolved?

Thanks

Prabhanshu Raman said...

Hey Raman, thanks for highlighting. No its not, I believe.

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