Wednesday, September 10, 2014

Nifty Intraday Update-I


18 comments:

Sonu said...

Good Morning Master and All!

More bearishness if PCR falls below 1.19
http://www.niftytrader.in/nifty-intra-pcr/

ITradeForProfit Daily said...

Nifty trading between 21HrSMA and 34HrSMA

mynac said...

gm everybody,
sellers are forcing nifty to trade below dema,but at present it looks tough,as they couldnot gather momentum for the same due to big gap down...

mynac said...

in first 1.5 hrs.more than 5 lac o.i. addition bet.8130-8144 i.e. every 3 points have addition over 1 lac

Prabhanshu Raman said...

GM Sir and friends.
Sir, why we are nt considering below:
a 8180 8127 5 waves
b 8127 8157 3 waves
c 8157 xxxx 5 waves??
If a=c, then xxxx could be 8104. Low made 8105.
Cant we say that correction ended at 8105 for the rise from 8050-8180??

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, Pivot-8180, S1-8160, S2-8138, VWAP-8138

Correction to the rise from 8050 is on, with the CE writers trying to create a solid resistance around 8200, 8000 still the best support, Bearish below 8104 NF…

Thanks & Regards

Prabhanshu Raman said...

All,
+ww in 15 mins is formed and will trigger a close above 8124 in 15mins. Currently seems that this 1-3-5 line resisting upmove.
Also, a small bear flag is in making.
This shows dilemma ??

D.S.SASAN said...

Good Morning Dear Sir, Bros. & Sis's,

Have A Happy Day.

Ganesh IC said...

Good Morning Sir & JN family

STOCK4SURE said...

A small bearish WW may develop in BN charts............

may do HH abv 16240 on friday to form pt5 and then may dip below 15900..

pt4 may form today near eod or tomorrow morning near 16000-16020

ITradeForProfit Daily said...

@Sonu,

Has the 8100PE and 8200PE liquidation started?

If so, what is the inference?

Sonu said...

@ ITradeForProfit Daily
For liquidation and addition, see the chart below:

http://www.niftytrader.in/nifty-live-change-in-oi/

The liquidation is happening (but not much), which indicates mild bearishness. More confirmation of bearishness when PCR is below 1.19

Prithvi Raulji said...

@Prabhanshu

If 'c' , it may extended up to 161.8 % too

Also,
Look at Tatasteel, May be good bet to buy on ST

krish pm said...

@Sonu,

whenever intraday pcr is below 1.19 then it indicates more bearishness for that day.

Is it valid condition for Everyday to identify the More bearishness?

Prabhanshu Raman said...

Prithvi ji,
Yes i agree on nifty which comes around 8075 which is 80% of rise from 8050.
Tatasteel - i not getting clear picture. If you can post your chart would be great.

Bhel - is trading in expanding triangle in hour chart and today it touched its lower trendline. May be good bet for long. Its upper trendline currently is at 250+

STOCK4SURE said...

ns abv 8116
8117 is immed res
abv 8117 res near 8125
if could not break abv 8117 then may dip towards 8085 intraday

Sonu said...

@krish pm,

Its not a fixed level. PCR indicates balance of power between bulls and bears at any level.

Before the last upmove started PCR was about 1.19 odd levels on Monday, hence that will be crucial.
Also, PCR on Thursday closing basis was about 1.19 level. For daily PCR trend you might want to have a look here:
http://www.niftytrader.in/put-call-ratio-trend/

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