@ PrashantWhat signals did u use to sell NF @ 6220. Your analysis has been very accurate and I am keenly observing it with respect. Your reply will help me to learn more. Thanks.
Sir,Just wanted a clarification, -if the top is confirmed today, would that be an interim top of wave 3 or with the possibility of higher highs in November as mentioned by you earlier or is it the final wave 5?
@ RDPI belived it to be an ABC correction in thehourly chart. As the A touched 6141 The magnitudeof A came out to be 90 points.61.8% retracement came at around 6195The B should have restricted itself to 6195So I sold when NS was 6188, corresponding valueof NF was 6220As a directional move retraces the non-directionalin lesser time, the projection was that this C shouldretrace the bounce in less than one and half hour i.e by 1 PM.All learnt from SIR
Still need u Sunil/ Arpit
Sandy6178.2 6188.30 6154.30 6164.95
Sir, I am asking that because I hold a Nov NF long.
trailed NF to 6210
@ Shreyunik,As long as Nifty manages to stay above 6140, TA remains UP.@ dhiksuchi,I noticed today in the first hour, 6171(Hr JNSAR) giving resistance.Hence, thought of sharing. Unlike the Daily JNSAR which is good for positional, this Hour JNSAR number could be treated as a pivot and traded. Depending on the market, the returns will vary.
PrashantWill it possible to post the graph with markings and at that point RSI.Stock and MACD to see how going on. Just for learning purpose. Need not now itself leasurelyThanks
The fall from 6221 was in five waves,the bounce had 3 wavesThe third wave of the second fall is about to begin
@ PrashantI am having NF hourly, and still looking for NS hourly chart. However, got the idea. This is my first day of applying EW in practice. Thanks a lot for the guidance. Will keep learning from you (and JN mates).
hiii @ all vivid med lab & zylog system is hot stock for 2 day
Nifty intraday update: CTRL + CLICK HERE
Sandy,6164.95 6167.05 6149.40 6159.75Sunil
Good afternoon Ilango sir and all, Sir can you please post the chart with wave count??
Sandy already gave the lvls boss
@ satheesh,A chart uploaded. No change so far from the Premarket chart.
New CHART Posted..Upside retrace complete up-to two Blake line given at 10.39am post.Now down side target--6138-6131(nifty future)..RegardsSiddharth
6165.25 , 6167.05 , 6149.4 , 6165.2srry mate wass busy wid trades.. so cudnt update :)
Friends - SHORTS be careful. Some +ve news in Japan look Nikki - Metals may get strong. Thanks for the good wishes. Feeling very fine...Tell Mr Bachan "dard swaad hai".(Zandu Balm?)
Sir & Family..GA..sir top n place for this series or frm 4950..??
rajgopalplease dont use zandu balm in ur commentscompany gonna sue ulike arbaz khan & malaika were sued
No top till new high ++
sorry sir ..didnt check frm 5349
RG sir - nikkei strong because of "bank rate cuts"?? @ their end or if Japan moves we may too? any way take care time permits thro some light
Suja - In the last fortnight you are the Moon here. Only Sun can throw light on you !!!. Yes. You are right on Nikki.rp - nice u r back on path ... leaving bankrupt companies and obsconding promotors. (Kouton on news "selling hotel business to get cash").
Dear RG,Nice to hear u mate. I hope getting well slowly.Arvind
llango sir, market is to volatile what to do positional? short or long
ADANI ENT,POWER,MRPL,ESSAR OIL,CONCOR,SRFTRANSPORT FIN-SOME ONE BUYING BIG.
Whats the reason for such a high 50 points premium in Nov futures? Even Oct is at 30 points premium! What does it imply?
shreyunik - it is Sugreev Challenging Vaali. Inviting shorts ???
@ rgthanks rgwith the help of well wishers like u & blessings of Shri Sai Nath, i have been always doing good. Recently, blog visitors were suggested to buy sintex @ 381, booked @ 444, within 5 days.Koutons , i never thought of buying, nor i recommended, but ya, it did attract me, due to its oversold status & for remaining extremely extremely over sold for more than 3 session. However i had curiosity for it.
another breakout on euro....??nifty will not fall....just cant..infact we might zoom before close
Ilango sir, wht will b tomms JNSAR?Thanks.
Sandy,6160 6179 6158.65 6168.05Sunil
NEW POST DONE.
Looking at so huge premium we may find Nf 6300in a day or 2,mostly Premium rises before a big rise or some new moveI think this time .we may see 6300 if 6140NS holds.
ilango sir, can we say JNSAr method is more safe?Till now this is wht i have seen, it triggers mostly when reversals happen,wht u say.Thinking of following it.
Thanks Sunil/ Arpit now onwards I am able to handle through the site referred by Crorepathy.I shall ask if I face a problem at any particular point of time.
Thank you Sir.When the gap in RT Chart is 5 points,it worked by 20 points(downside),lets see what happens on upside & the gap is 10 points.