Thursday, September 11, 2014

Nifty Intraday Update-I


47 comments:

Stockathon said...

Good Morning Sir and Friends...

Stockathon said...

Sir your view on BN please ?

lazydude said...

Pehlay short kar do, phir view lo. Lol. Told u they will manipulate the market.

Naran said...

BN, psu banks outperforming today ?

gr8chief said...

Good call writing at 8100 level too. Is support of 8000 going to be tested today ? PCR also showing heavy writing.

Ganesh IC said...

Godd Morning Sir & JN Family

Sonu said...

GM Master and All!

Bears doing a good job at 8100 level:
www.niftytrader.in/nifty-live-change-in-oi/

Amol Sharma said...

buy nifty with sl of 8094 for target of 8150 and more.

mynac said...

gm everybody,
expecting good upmove towards end.donot see any valid reason for a fall below 8100 for a day..let us see...

vksoni said...

ilango sir,
holding 8105--8100 5th unfolding towards 8200?

gr8chief said...

I concur with Sonu. Seems like a quick fall setup developing. Be cautious if going long

gr8chief said...

8050 would be first support I believe

Vaishnav Shukla said...

If b = 8127 then c=a so target comes as 8025...

Sonu said...

Beauty of PCR Intraday:
http://www.niftytrader.in/nifty-intra-pcr/

gr8chief said...

Will buy some now at 8050 :). Covered my shorts

Unknown said...

BNF 16217 was the 80% fibo ov the entire rise from 15904

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, Pivot-8132, R1-8156, S1-8106, VWAP-8129

Evenly matched day for the time being with Support around Daily VAL at 8123NF and resistance at Daily VAH at 8143, Breakout/Breakdown may give 15-20 points on either side…

Thanks & Regards

Madhav said...

Probable Rising wedge formation on Bank nifty weekly chart Resistance around 16325-350
All the rise with falling in volumes
http://i.imgur.com/BvcRUWF.png

Unknown said...

if BNF sustains 16217, but does not cross and sustain 16295 NOW, its probably a SELL ON RISE

Roshan Baheti said...

MANY MANY THANKS TO THE GREAT BLOG OF ILANGO SIR..!! GREAT ANALYSIS AND SUPPORT FOR NEW PEOPLE AND LEARNERS AVALIABLE HERE. THANKS A TON FROM MY HEART TO ILANGO SIR, SONU JI AND ALL BLOGMATES. KEEP THE GREAT WORK ON.....!!

Unknown said...

+WW paters in place currently for a rise above 16263 apprx- trgt - 16310-17 probably

Unknown said...

wud anyone please tell me whether we had a double bottom on BNF at 16220 ???

D Anand said...

8061.60 is 1.382 % retracement

Vaishnav Shukla said...

Dear Sir
As 4 = 38.2% of 3 so 4 = 8057; nifty low = 8061... So can 5 can start now? Pl guide..

Prabhanshu Raman said...

GM Sir and friends.
If b is a6 8127 then 5 waves are not yet done at 8061

Prabhanshu Raman said...

Imfact 3 waves are also not done done from 8128. With another low, it will 5 from 8118.5 to new low and 3 waves from 8128

Unknown said...

5HEMA on BNF is at 16237, n we have a support of 80% fibo at 16217 also.

gr8chief said...

8000 ce writing also started now and 8000 pe are also being covered. Are we going to see 8000 being touched today ?

Unknown said...

there will be 3 resistences on BNF for any UPMOVE at 16270 n 16295 n 16317

Prithvi Raulji said...

@Master,

Looks like 5 finished @8057???

gr8chief said...

aren't we in third wave of today's fall ?

Prabhanshu Raman said...

Now at 8057, 5 done from 8118.50 and 3 from 8128.
Watch retrace for the fall from 8118.50 to 8057.
1st wave low us at 8097, so if ongoing wave is 4 then shd not breach 8097

Prabhanshu Raman said...

Sir, pls correct if i m wrong in above mentioned wave counts

ITradeForProfit Daily said...

Nifty showing signs of reversing from ND Sir's Buy Zone

shriram said...

GM Master & JN Family,

Over-fixation on any 1 DATA set will only provide a half-cooked pic of REALITY ... Options OI .wo NF OI , Oscill , Hi-Lo EMAs, Channels, Patterns .. is a recepie for disaster, esp in situations where Option Writing is done by OPERATORS

Caveat Emptor **

Sonu said...

@Shriram Sir,

Good to see you active after many days. Plz throw some light on NF OI analysis.

Vaishnav Shukla said...

Dear Sir
4th ending level in chart is 1.618 of minor 1 at about 8020 so... So should we wait for 8020 to come for buy again for 5th wave??

dv pandit said...

Master, JNSAR trigger 8088-30=8058. So far low 8057.

Raman Kapoor said...

Why is everyone so obsessed with the possibility of the 5th wave. We should also not ignore the possibility of 5th having ended at 8180 especially with the weakening day t/f.

shriram said...

@ Sonu: NF OI has added 2.68% intra wid a 37-38pts fall.. so tat is Bearish purely per NF OI

However, the real test is of 8081NF which is the WkVAL .. break of that level can show more falls to 2 Std.Devs zones 100pts below

** Now club this with NS Support / Res & try to find Patterns to match & u tell me what wud be a ideal Trade Strat ??

Madhav said...

@Raman Kapoor
Human tendency and obsession :)

Sonu said...

Thanks Shriram Sir,
NF OI bearish, Option OI bearish --> Better to short
Will watch position near 8081NF level --> will make it positional short below this.

Pls explain WkVAL and share calculation steps on JN group if possible.

Vaishnav Shukla said...

@ Raman Huge OI at 8000 put & by the time we will reach 8000 RSI oversold, there may be possibility of 5th or B if 5th has ended at 8180.. Pl correct Sir & blogmates... Really confused buy or sell???

shriram said...

@ Sonu: What is the R:R for a short trade < below 8081NF ??

shriram said...

Master,

BNS rise from 14,709 (Aug 8th) to 16,310 (today) is showing a 1-4 overlap.

Are u seeing any ED possibilities sir (vth of 3rd @ IMDegree) ?

Sonu said...

@shriram Sir,

I only measure R:R when market is at extremes. Mostly they eat my stops.

I prefer to monitor the technicals (RSI, OI, MACD). And close positions when technicals change.

Keen to learn, how you do it.

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