Friday, September 5, 2014

Nifty Intraday Update-III


20 comments:

ashokmehandiratta said...

Good afternoon, Master
Happy Teachers Day
Thanks and regards

Prithvi Raulji said...

@master,

Divergence negative , but price still playing up

It means fast rise comes???

Sonu said...

@Prithvi,

Nifty show begins at 2:30. Bulls and Bears holding tight. OI tilted in favour of Bears for the time being.
http://www.niftytrader.in/nifty-intra-pcr/
Let's see

Ilango said...

34 hr sma has risen now to 8076.

Last rise retrace for 8057 to 8096 is 8072-77.

Holding 8076, upmove continues..

Sonu said...

Prithvi,

What time is it now? Nifty show started :)

Prithvi Raulji said...

Master too indicate divergence,

Sonu said...

Prithvi,
Master's guidance combined with OI inputs do magic for me.
Thanks to Ilango Sir and his teachings. Happy Teachers Day Sir!

shriram said...

--> back

+WW has now formed on NS, 1-4 tgt : 8140-50 (1 time 1-3-5 whip possible)

Sonu said...

Prithvi,

See here. PCR falling while Nifty moving up (with Call writing on), indicates more downside:
http://www.niftytrader.in/nifty-intra-pcr/

Ilango said...

34 Hr sma @ 8075-78

&

DHEma @ 8092.

Though Closing below these would be weakness, more follow up is needed for bearishness to emerge..

shriram said...

Ysday's EOD candle was a Hammer. If NS can close today > 8090-95, tat wud be a Follow-up Daddy Long Legs Doji

And a +WW to look fwd to 8140-50 , wid 7.9k - 8k PE OI rock Soild .

Lookin Bullish for Monday , lets c if we get the Doji & a close >Dev.DHiEMA @ 92 today !

Prithvi Raulji said...

@Sonu,

Superb,

is it update auto???

Just 1 more Q.

Now PCR turning Up and Nifty too,

So bull back??

alpesh kanparia said...

Ilangoji,
Do you track JP Associates. Will it be possible to give an idea on long term count of this counter

shriram said...

EW folk, how bout this tentative Extended W1 lable for the rise from 7540 ?

i 7540 7968 428
ii 7968 7863 -105 -24.5%
iii 7863 8142 279 65.2%
iv 8142 8050 -92 -33.0% ** done ?
v 8050 8192 142.1 33.2% ** started now

v = 0.382x (i-iii) --> gives 8280 NS, a bit stretched a tgt !

Sonu said...

@Prithvi,

See the "Change in OI" chart:
http://www.niftytrader.in/nifty-live-change-in-oi/
Today, PE writers added almost nil. Unless they start writing again, I don't expect much upside.

Roshan Baheti said...

@ SONU JI :- GOOD JOB SIR..!!

Prithvi Raulji said...

@Sonu,

Thanks,

Need to lots of about OI from you,

But lets do it on monday live Market.

Pls

Rajesh Singh said...

@Sonu,
Please keep it up..Positive learning from your comment..
Thank You and happy teachers day

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