This blog is my trading diary. It is an attempt to organise my analysis and thoughts. I follow the charting methods given in JUST NIFTY blog by Ilango sir and so the charts would have striking resemblance to his charts. I am indebted to Ilango sir for having made this blog possible for me.

September 16, 2011

Analysis for sept 16


Nifty High of Sept 15 was at monthly pivot of 5090 and Low at weekly 5SMA at 4953.
Most of the EMA's are above the SMA's.
Nifty Has closed above the Day pivot, Day Hema and week pivot and week 5EMA and registered a high at monthly pivot.

Major stock charts provide reversal patterns.

Weekly Chart:








CHECK LIST-DAY
CLOSE5076
PIVOT50455EMA5029
HI EMA506410EMA5022
LOW EMA495513EMA5023
5 SMA500726EMA5073
20DMA4976Ystrdy HI5091
50 DMA5265Ystrdy LOW4967
100 DMA
200 DMA



Action Plan for the Day:

Levels to be Watched:
5050 - 5075-5090

Intraday levels:
Sell Below 5090 with SL hourly close above 5100
Sell below5150 with SL hourly close above 5175
Buy above 5070 with SL Hourly closing below 5060


5 comments:

Prabakar said...

Any intraday update Satheesh?!

saravanan said...

sir, spot or fu pr?

satheesh said...

Saravanan,

I always mention if it is NF. unless oterwise it is always spot.

Kumar Technicals said...

Dear satheesh!

Due to hectic schedule i could not visit ur blog today & whole day i felt that something is missing. But after visiting now that feeling has gone, hats off to you for ur continous sincere work.

Rgrds

Kumar

satheesh said...

Thanks Kumar sir,

Appreciation fromm veterans like you keeps me going. It rather motivates me to do more. Thanks Sir.

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