Monday, October 13, 2014

Nifty Intraday Update-I


17 comments:

shreya puneeth said...

sir any updates where is the next support

Prabhanshu Raman said...

Sir, at what juncture we can know that whether:
- its green B unfolding as abc, or
- its red C unfolding from 7972
Is it from retrace of the fall from 7972-7796?

Earlier we have another count as impulsive from 7816 as extended wave from 7540, but this can be ruled out now as prices have breached 7816.

hardeep thakur said...

Hello Sir/Prabhanshu Raman

After making day's initial low @7796 , can we see some correction near to 7845 level for wave 'c' as per Nifty Hour chart ?

Regards,
Hardeep Thakur

marina s rao said...

Day Low : 7796.75 Day High : 7835.10 Range : 39 Points Day Pivot : 7877 Hr. Pivot : 7815

NS nearly a Double Century below OK ( Octa Kilo = 8000).

Currently hovering around 7815.

NS below Day Pivot @ 7877 & below Hr. Pivot @ 7815 indicating bear grip.

NS in SAH mode in Hr. T/F & in Day T/F.

Mild Strength returns above Hr. LEma @ 7845.

SAH= Sell And Hold

Prabhanshu Raman said...

@Hardeep, as per my understanding, there are 2 scenarios which are in contention as mentioned in my previous comment.
I think, the retrace for the last fall from 7867/7924 may give some clarity.

shreya puneeth said...

i brought some 7700 pe should i book profit now?

marina s rao said...

Followers of JNSAR :

Day Low : 7796.00 Day High : 7835.10 Day Range : 39 points

NS trading a Century below TODAY'S JNSAR @ 7927.

More than Half a Century Below Hr. JNSAR @ 7887.

Continue SHORTS INITIATED on 10th Oct below 7924 with part booking / comfortable trailing SL.

NS Half a Century below Day's pivot @ 7877.

NS currently hovering around 7823.

Note :

Strict SL is a must for all trades whether Short or Long.

Prabhanshu Raman said...

Sir, if new lows are not made then chances of another positive divergence in MACD/RSI hour chart?

kumar k said...

every year people wait for diwali rally but markets used disappoint

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, Pivot-7902, S1-7855, S2-7824, VWAP-7830

A weak open has seen the CE writers taking control with huge addition at 7900-8000 Level, though the 7800PE writers holding tightly, till its held some pullback can be seen…

Thanks & Regards

marina s rao said...

Day Low : 7796.00 Day High : 7835.10 Range : 39 Points Day Pivot : 7877 Hr. Pivot : 7819

NS nearly a Double Century below OK ( Octa Kilo = 8000).

Currently hovering around 7819.

NS below Day Pivot @ 7877 & below Hr. Pivot @ 7819 indicating bear grip.

NS in SAH mode in Hr. T/F & in Day T/F.

Mild Strength returns above Hr. LEma @ 7833.

SAH= Sell And Hold

marina s rao said...

Followers of JNSAR :

Day Low : 7796.00 Day High : 7835.10 Day Range : 39 points

NS trading a Century below TODAY'S JNSAR @ 7927.

Half a Century Below Hr. JNSAR @ 7876.

Continue SHORTS INITIATED on 10th Oct below 7924 with part booking / comfortable trailing SL.

NS Half a Century below Day's pivot @ 7877.

NS currently hovering around 7822.

Note :

Strict SL is a must for all trades whether Short or Long.

gs said...

will price close above hourly low ema

brijsolution said...

Above 7840-45 more upside can see.. or below 7840-45 down move continue

brijsolution said...

21-34 SMA daily down side trigger..

Long trend by 21-34 Daily sma from last 7 months..

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