Friday, October 10, 2014

Nifty Intraday Update-III


28 comments:

gs said...

,@ brij
masters tech table has proved so effective ..i have seen it before us fed big announcement ,i had seen it before a couple of another major events....problem with someone like me is ...i cant trade with no mind gets distracted by noise

Ilango said...

7890 7881 ... is 50%-61.8% retrace of the last rise from …… 7855 to 7924

80% is - 7869

If strength to return again, it should be around 7890 7881

Weakness gets confirmed Below 7881 OR 7869

gs said...

btw a test of day lows is on cards ....also agrees with prabhanshu view and the 2.30 effect mentioned by another blogmate

Hemanth said...

fast fall on 30 mins?
Seniors please advise

Hemanth said...

Master considering last day of week any chance you see for

Weekly trend assertion below Week Low EMEA?

brijsolution said...

We need close below week low ema also..

Monday IIP effect will also come

This month looks full of event..

Election.. Diwali..

brijsolution said...

in nf my order triggred 7895.. which price not seen..

Start something in movement

UNKNOWN said...

Brij your which order trigered nifty buy or short?

gs said...

today nifty dharna on 7880 .....

UNKNOWN said...

Hemanth what pattern told you for fast fall can you please share

brijsolution said...

@ UNKNOWN... I shorted for intraday @ 7915.. For which i placed order 7895 for buy..

which is triggered very early without price seen.


same thing happen in BN... last week... i bought & it was triggred above 90 points sold which never candle made.. up to one hour,, after that priced real reached

Ilango said...

It has paused at 7869, 80%; more weakness below it.

Until then,

7897 7903 ... is 50%-61.8% retrace of the last fall from …… 7924 to 7870

80% is - 7913

If weakness is to return, it should be around 7897 7903

Strength gets confirmed above 7903 OR 7913

anmpatel said...

@Master
retracement post are for intraday only?
is it helpfull for jnsar trades?
thanks.

gs said...

If prices manage to hold the last rise retrace at 7876-94 or 50 dsma-7912, relief rally would continue towards WHEma. -----premarket view

Sunil S said...

Thanks to the Master and this blog I booked my longs near at 61.8% retracement level.

gs said...

good news guys ....indian child right activist wins nobel peace price ...Kailash Satyarthi

working against child labour For 2 decades SALUTE GOD BLESS

brijsolution said...

Can nifty fill Gap ? which made on yesterday.. 7945

Ilango said...

@ anmpatel

Morning's fall retraced almost 61.8% at 7924 and the fall resumed. JNSAR trader could use these retrace to initiate trades due to adverse gap downs..

anmpatel said...

@master
ok. but i reversed as opening itself. if someone wait for retrace but what if did not came?
that's why i asked the question.

gs said...

day lows tested ,close below wlema banta hai....boss

anmpatel said...

@master
one more about green B
if 80%-7847 rise from 7816-7972 break then only it will remove and the red lable will count? is it?
thanks.

brijsolution said...

Prabhu...Tata steel closing looks below all lower ema.. Very very week

brijsolution said...

Gap filled of yesterday.. by nifty

FNO HOUSE said...

dear ilango sir 80% held can b done ans plz..

Ilango said...

@ anmpatel,

I would remove it if it breaks 7785-7800 zone.

Ilango said...

@ FNO HOUSE,

Pre-Market View:
If the rise from 7816 to 7972 is "a" wave, the fall from 7972 would be "b" wave, if not the resumption of downtrend..
=================================

"b" wave could retrace, in a flat correction, more than 100%; Hence, I stated above that 7785-7800 would decide whether "b" wave continues or ended.

brijsolution said...

Sir...

Nifty & weekly both candle Doji,,

Due to IIP & WPI data ??? waiting for more confirmation ??

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