This JNSAR trigger was not expected to fetch much gains as discussed earlier and it gave 50 points, thanks to NF premium. Keeping the 5605 resistance intact, the 5th wave down gets a boost.If not, the complex correction continues. There is also a danger here that the 5th wave could turn out to be the 3rd wave down if relabelled.(Keep this point at the back of the mind to be confirmed on a break of 5300.
A special thanks to "FIRE" for updating the readers with email alerts & short write ups - very valid points about the resistances as well as inability to close above DHEma(5594) at any Hour.
I have activated an alternative site with Wordpress and the link is provided at the top right corner...note it down for any emergencies.
17 comments:
My inadequate interaction with the JN members has cost me a bit as I had no reach to the crucial lessons by sir. I gave up about a sixty points, yet held my emotions back as sir and many other often warned. Put my lesssons into practical action as an exam and it was wonderful. You are all genius here.
Hail JustNifty!!
ilango sir,
you are greeeeeeeeeat for selfless service
Whatever I had learnt from this blog was put to a surprise test yesterday. No help from sir or my friends here...and, I'm glad to let you all know that I passed successfully.
Thank you sir.
Regards,
Ranjan
Ilango:
First a compliment to you. Yesterday blog was down and without your site I was also feeling helpless. Finally managed to overcome the problem keeping in mind about your general direction of the market. Thank you for your self-less support.
Also one request, from now onwards please banish people like SaiBhakt who provides such stupid claim like "5540 can not be seen in this year" without providing any reason. I am not against someone making mistake, but such deliberate exggeration is against the basic principles you stand for and trying to promote through this site. Hence the stric rule needs to be followed, provide direction and guidance based on facts, indicators but do not mis-lead others deliberately.
I am a regular but non-contributing member and these are my views, you are the final judge. Once again thank you for all the service you are providing to all of us.
Regards
BB
Good Morning Ilango Sir and Friends
Nifty Weekend Update : CLICK HERE
missed you yesterday sir.thank god that we had tt updated
on thursday.thank you very much for giving alternate
blog for emergency.need your guidence every day.
thanks again & good day
Thank you Ilango Sir for activating an emergency site. Based on the Emails received yesterday, i am creating a JN family email spreadsheet and will send it you. May come handy at times like yesterday.
Dear Ilango Sir & Blogmates,
If was a nice gesture on your part and my blogmates to circulate the Pre-Market View.
No follow-up action, Nifty seems to be back in range – Option Analysis for 13-05-2011
Thanks & Regards,
Sanjay Kr Jaiswal
what a dedication ! next alternative is ready quickly!
week and daily pivot data is same ?????!
hello to Respcted Sir , and all respected friends i am new to this blog and in intial phase please help me and tell me 1.from where i should start 2. how to read tech table pivot table ( charts i can read as i was following www.icharts.in since long time , presently i am reading all the pages of this blogs but still need help i am vey impressed that u all learnt trading nifty from RESPECTED SIR ,ILANGO, Please guide me in market , i shall do hardwork for that , thanking you and all my friends .
Hi Ilango Sir/All seniors/Friends,
Sir, could you provide the tech table sheets to me??
Email: vinod.technocrat@gmail.com
Thanks!
still holding 5400 put option bought at 38 (average),
I am not weak hand to exit.
All money invested into that.
No support will hold till 5150 comes.
@FIRE, thanks for update by email,
Ilango sir, i was actually refreshing your other wordpress http://tradeinniftyalone.wordpress.com/....
anyways thanks for the alternate webpage....
Hats off to ilango Sir for his dedication and selfless service in educating new people
Indian equity market ended up 1.20% due to smart rally on F&O expiry and closes
above its psychological 5400 mark as Nifty gained 64 pts to end at 5412 while Sensex
was up by 198 pts to settle at 18044.Euro markets were mixed with FTSE up 20 pts at
5890, DAX down 32 pts at 7139 & CAC up 6 pts at 3935. Dow future was down 10 pt.
Stock IT and Real State Calls
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