Thursday, October 30, 2014

Nifty Intraday Update-I


27 comments:

Ashok said...

briefly trendline crossed

Raman Kapoor said...

Dear Sir,

Is it possible that 4th finished at 7724 and we are already in 5th?
I still remember your comment from 2 weeks back when you had said that 4th wave will be a deep correction towards MLEMA, preferably by Nov. However, the up-moves since 7724 do not look like a B wave.

Thanks

Prakash Tamilnadu said...

BN not supporting this upmove?

Ashok said...

Raman kapoor
i expressed similar doubt but no response from any senior analyst. the gaps are misleading or what i dont know.

mynac said...

Weak Sellers unable to pull down Nifty as per their wish...
On the contrary,the way addition is there @ 8100 PE (126%),it looks Buyers have decided to close Nifty above 8115+..for this expiry ..let us see..

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, Pivot-8080, R1-8104, R2-8118, VWAP-8105

The PE writers trying to make sure that Expiry happens around of above 8100 level, 8100CE writers still holding on, but may feel the pinch if CMP stays above 22 for extended period of time…

Thanks & Regards

Prabhanshu Raman said...

GM Sir and Friends.

at 11, prices closed above resisting line...

kumar k said...

prices going beyond 8115

syamala said...

mynac
Today Nifty traded in range of 10 points for most of time of the day,which was used by traders to rollover in November series.Rollover of T-1 days was higest and currect OI of November series @ 1.42 cores is highest in 2014 indicating major move is coming in November series.
if open interest is high whicht side movement possible?
syamala

gs said...

just for study purpose on 5 min charts nifty move is contained in a rising channel

Ashok said...

gs
but negetive div in 5 min chart correct?(macd)

brijsolution said...

Below 8110 only nifty will cool down..

8110 good support for intraday till now..

Ashok said...

@gs
5 min chart negative div not reliablea have you observed?

mynac said...

Dear syamala ,
For the day,it's up.i.e. +8100 & 8100 PE writers will try their level best to their fort..
Following is personal thinking:
DII are almost dried up..
So they are left with no option to invest their idle funds at every fall .
Means FII are clearly in driving seat and with the help of OB?OS various time frame conditions,would try to dictate market by their own way...and why not? because they have entered in market @ that time resistance level...i.e.6000-6500...etc..

Prabhanshu Raman said...

Sir,
Is it like nifty need another 25-30 points upmove from current high to avoid -ve div in hour chart?

Ashok said...

@sonu
purely PCR point of view any ratio that can be overbought?any observation?

Prabhanshu Raman said...

nifty reaching another resistance point 8145...be alert...Huge addition can be seen at 8150CE and 8100PE

gs said...

@ ashok

today is expiry so other factors are dominating

Raman Kapoor said...

@Prabhanshu,
Even if Nifty does not go any higher and stays and closes around current levels -ve divergence may disappear in couple of hours

Prabhanshu Raman said...

Raman,
Seriously I dont know how to predict MACD...so did some interpolation...

Ashok said...

@friends
nifty at 3rd res 8153

Yash and Dhan said...

Will my Nov lot split in 2 if I carry it overnight today?

prakashbkc said...

It appears Oct Nifty not closing below last month close

I Trade 4 Profit Daily said...

Nifty in ND Sir's ATR Sell Zone now

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