Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
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I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark... -
5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
110 comments:
DR sir,
I do not trade in COpper - or any commodity. JUST NIFTY only!! :)
Many of you have kids about to enter college or they're in their first or second years. Here is a great video. It's done for Princeton but good advice no matter where they go...
http://www.princeton.edu/~bcstaff/temp/odus/freshman_letter/
Buzz
Lolzzzzzzzzzzzzzzzz
Why Prayers are not listened to in Stock mkt
cos both bulls & bears are praying
and Majority wins
Good morning guru dev & friends
JNSAR @ 5065???
@DR
Yes...but the closing price was 5037 which was above
the JNSAR of 5032....besides, if i had initiated a short,
I would have said so
Satheesh
I knew it
The msg I wanna convey is
Track the chart of script which ur trading
and dont correlate it with other items
JNSAR 5065 Triggred???
Hiten - Nowadays "bearish formation" turning into +ve vice versa for "bullish formation" too??? cat and mouse game :) we closed -ve yesterday after the week end + week beginning indicating what?? timem pass confusion :D as usual from my side
October 19, 2011 1:17 PM
Buzz - see the above... u want other confusion for today?? :D Phewwwww don't short DR didn't reverse his position to "short" :)
sudarshan ,
that is tomorrows developing jnsar
Indus
:D
I thought so
when found u absent yesterday
and plz the above msg is 4 u also
ho thanks parminder for reply
Sis
GM
above 5077 NF I may be long again
till then my red metal short is rocking :D
JINSAR trade is to be taken based on previous days jinsar then what is the use of developing jinsar please tell.
Yesterday's and day before yesterdays
both gap filled
Island turned into war filed
Now the next move will be interesting
DR Saab, Yesterday I bought 2 lots of Nov 5100 CE at 120 aur aab dekha to 85 price chal raha hai. JNSAR for today (5054) is my SL... and not JNSAR for tomorrow -5067. I have to thank Nanjil for this :)
Sujatha, I am with DR sir... afterall I am ever bullish! :) By the way today is namma Bengaluru's namma metro launch... lets hope it brings down the traffic congestion in this wonderful city.
Ya Allah!! JNSAR trigger ho raha hai kya? Nahinnnnnnnnnnnnnnnnnnnnnn
SUJ SIS,
According to one graphical analysis,
tmrw will be trend change date.
I have analysed on paper basis in past &
it worked well.
last one was on 6/10.
Though our mkt was close,
on very second day whole scenario become bullish.
pdd
@Experts: Has JNSAR short tiggered?
JNSAR Trrrrrrrrrrrrrrrrigered
@Sam: Did JNSAR short trigger at 5091 itself?
Seniors,
Time to shift direction? Or hold on for 20 pts filter till 5034 NS levels?
Whenever we are close to JNSAR levels, my confusion is at its peak!
all TA up. Nifty price below tadays and tommoros JNSAR
should we go short or long on dips
Dear Prabhat, that is the hour JNSAR what you are referring to. Sam and I are referring to today's Day JNSAR
Hi all
I am new to the board and just started learning Technical analysis and elliot waves as well...have been a silent reader of your forum and its indeed commendable the way you all analyzie the moves here..looking forward to learn a lot from everyone..thanks
@Prabhat I follow day JNsar which is 5054 and 5091 is Hour JNsar
NIFTY UPDATES
Sam,
at premarket levels Sir has given 5050 as jnsar
since JNSAR triggred is it a sell on rise from now
GM Everybody
DR sir, copper and equity markets have good co-relation. So I always gather copper news For eg.,
http://www.firstpost.com/blogs/copper-trend-confirms-long-term-global-bear-market-80563.html
If I remember right before the financial 2008 crisis also copper tumbled followed by equity markets.
@Buzz why confusion? as per as my knowledge filter is
only for first two days after JNSAR is triggered. But
I think today is more than two days after previous
long JNSAR triggered. (long from 4894 10 oct)
And yes there may be possibility that after big trade
there may whipsaw in SAR trades(my observations)
Gm... sir and friends.
Yes Prabha, on premarket chart Sir has mentioned to keep
JNSAR as 5050 but pure technically JNSAR is 5054 in TT.
ndhannani
Welcome!!!!!!!!!!!!!
U got Raghu's Mail ID
Plz click on my profile and therz my mail ID
send me if u have. :D
dineshsir caps lock off now sorry for tht i didnt know rules + sirji i have sent u 1 mail plz read it ...wht is today's jansar & wht was on wednesday plz dinesh sir & ilango sir if u can then give plz...thanks
This market is Eliott wave TA's nightmare :)
Ilango said...
Nifty has reached tomorrow's JNSAR-5067.
Aggressive traders may treat this as ORB low for trading.
October 20, 2011 9:38 AM
Sir,
One could have reversed jnsar at break of 5067 too with 20 point stop loss or did i read it wrong?
Satheesh
thanks,
I said so as copper can have temporary
demand/supply problem
so its move cant be taken as granted
And we have our time tested system so why to bother
about other items
Maulik it is JNSAR please and it is a sacred acronym.
Please. :)
@prabha yes you are right I missed that one.
@Ilango sir, I request from all JNSAR followers,
Please keep only one JNSAR on both chart as well as TT.
This will remove confusion from JNSAR followers.
SIR ilango,
just one question when the hourly and daily trend indicators
have turned down why was it prudent to wait till now ,
kindly guide
yesterday 24 lac 5100 puts added . today its showing 9 lac unwound and 16 lac 5100 call added.
do writers really know something more?
satheesh,
u r 100% correct.
i was with birla copper, Dahej &
company business was on same line
with international hedging with dollar corelation.
from 2003, when i joined,
it was ard 1800 dollar & seen +10000 by 2008.
And again, down move started that whole event corelates
with share mkt.
pdd
@SAM. wt has to be noted here is sir does modify the jnsar on certain occasions (even after 2 days) sometimes to lock in profit or sometimes identifying channel supports.
Thanks Dinesh ji
I am sorry i don't know which Raghu are you talking about..would be helpful if u be a little more specific :) regards
JNSAR Triggered short at 5054, no filter for today...
JNSAR many times come at difficult times, when traders
hesistate to initiate position..anything should be
followed in its entirety...
Dr,
What is the support for copper.
Even yesterday copper was down. Today it is 3.5% down. But nifty is sustaining. Will copper's trend reflect in nifty tomorrow
Where is my post? Did it got deleted?
I had posted,
Yes Prabha, Sir has mentioned JNSAR 5050 in premarket chart but pure technically JNSAR is 5054 in TT.
sorry sometimesbulls some times bears can any 1 give me his id so i can contact i m new so not able to understand......plz help
Caution: Other indicators are at oversold levels.
ST
it may take support here if not next
support is 330
I love gaps & I will trade it :D
& "Will copper's trend reflect in nifty tomorrow"
read my previous post addressed to Satheesh
ndhannani
it was regarding Raghuvanshi
Triggered JNSAr, also below weekly pivot - 5052
Believe it or not JNSAR is triggered.
Dear SAM,
Probably there is confusion regarding JNSR in new blogmates only.
Most of the players want "ready-made" everywhere,so its not
surprise though Dear Ilango has very clear cut mentioned
on the top of his Blog THAT
"Always Start Trading with these"
people used to overlook it as per their convenience.
Oh Raghu ji!! You know him!! thats nice :) i dont have his ID but he writes on Nagraj ji's blog so u can post a comment there and he would give u his ID :) regards
Yes DR sir, I dont take copper for daily moves. As in yesterday's case Nifty was very bullish all set to cross the prev mon high - at such critical junctures where either all are too bullish or too bearish - tracking commodities helps. CAUTION: - it does not work always. Sometimes one can take a minimal risk as yesterday!!
Quote of the day
SAM said...
Believe it or not JNSAR is triggered.
Lolzzzzzzzzzzzzzzzzzzz
Below day high ema
sorry...day low ema
It is as simple as
"If you want Heaven then YOU will have to die"
Now reversal level either 5074 or 5077 can be used
(11 PM hourly pivot/tomorrow pivot)
gm, Nifty playing gap gap nowadays :)
JNSAR triggered on the short side, I have closed my 5100 Nov CE at 81.
DR :)
@mynac I didn't mean to give ready made things.
I mean that many times it happens that in premarket
view sir gives Two values ... one on chart and one on TT.
If it will be the same on both then this may remove
confusion from JNsar followers who are new and still
learning.
As off now bouncing from 5040 - 78.6% retracement of
rise from 5011 to 5148...
@Ilango
IN your writeup on JNSAR, you have advocated a JNSAR
triggered trade to be done only once a day.....therefore
if today's JNSAR short whipsaws more than 20 points, does
it indicate the trade to be carried forward and not reversed?
GM all
JFI according to 3 days vol.profile VAL @5140 POC@5115 and VAL 5040 the current low 5041
Dear SAM,
As a pure day trader its my experience that developing
JNSR helps,and very much important.How to use it,depends
on trader's trading style,mentality,requirement etc.etc.
SIR ilango,
just one question when the hourly and daily trend indicators
have turned down why was it prudent to wait till now ,
kindly guide
Please read VAH @5140
Prabakar
Thanks
It will be so kind of you if you post one line view
also based on OI here
for lazy person like me :D
http://us.123rf.com/400wm/400/400/suni3oy/suni3oy1012/suni3oy101200037/8379924-lazy-monkey-in-the-dark-forest.jpg
@Indus. NOoooooooooooo
20 point stop loss and reverse
Indua,
Ilango once said....
The principle that I have adopted for JNSAR is:
1. Initiate a new trade on the first triggering of JNSAR.
2. This trade should not be reversed on the same day. However, if the individual wishes to protect himself, he may keep a Sl of 20-30 points as per his wish.
3. On the 2nd & 3rd day, keep a 0.3% as an added filter to give the trade a surviving chance.
4. Always take a min. of 2 lots on triggering and book profits on the 1st lot 50 to 100 points as the case may be to make it easier to hold the 2nd lot and to mitigate the whipsaws effects.
December 1, 2010 10:31 AM
@Mynac मी आपल्या मताशी सहमत आहे. पण माझे म्हणणे वेगळे होते.
Dear Prabakar
Option concentrated Nifty Trading is/was
Highlight of this series.
even today huge writing in OCT 5100 CE since morning,
But no reflection of the same in next series.Is it expiry game?
For a change Big players have/had changed their "style" & shifted
towards option trading.
This is one observation.
Old man on his chart has some gaps
eya eya O
With a “gap” here
and a “gap” there
Here a “gap”, there a “gap,”
Everywhere a “gap, gap,”
Old man on his chart has some gaps
eya eya O
Anil,
yes. 5040.
but volume is not favouring reversal.
5036/5076 are imp for NF.
If both violated on closing basis,
then fall wl continue.
A MOVE BELOW 5011 OF CASH WL B CATASTROPHIC.
pdd
@DR good one:)
FII's are on sell side from Friday.
DII's are selling in cash segment.
That is visible in MIDCAP Index also.
Near Low of the week right now.
pdd
Bhavan - If 5040 is support means?? r u expecting any bounce from here with SL of hawala??
dineshsir may i have u contact no or id plz ???
lets have a HAYWARDS 5000...
Good morning friends,
Keeping a simple apporach to the Nifty ji count:-
C.3.3.4 :
A: 4729-5114
B: 5114-4944-5169-4911 (expanded flat)
C: 4944-5168
C.3.3.5: 5168-4759 (also heralded the end of C.3.3)
Then
C.3.4: as
A: 4759-5034
B: 5034-4729
C: 4729-5160 (truncated C.sw5 @ 5139 ysday)
HIGHER DEGREE IMPULSE C.3.5 has comemnced now tgt MIN 615 pts in Nov'11
Sit back , Relax & Surf the Elliott Wave :-)
cheers
SMO
BrB
One Hr break
Dear SAM,
धन्यवाद.
इथे झालंय कस कि,सध्या इतके नवीन लोक आले आहेत कि मला जवळपास दिवसाआड जे एन एस आर चा फॉर्म्युला मेल करा म्हणून विनंती होते.आता कुठून करायचा? जर मलाच माहित नाही तर? थोडक्यात काय तर ज्याला त्याला पैसे मिळवायची इतकी घाई दिसते कि ,ते लोक भंडावून सोडतात.,त्या मुळे काहीही अभ्यास न करता विषय समजून न घेता बुचकळ्यात पडतात नि इतरांना पाडतात.मला तुला व्यक्तीशः अजिबात दुखवायचे नाही पण जर तसे काही चुकून माकून झाले असेल तर मला मोठ्या मनाने माफ करशील अशी खात्री आहे.
मार्केट जरी वास्तवते मध्ये चालते तरी त्याचा एक डोळा नेहमी भविष्या वर रोखलेला असतो असे मला वाटते. त्याला वेलदोडा दाखविला तर सर्दी होते नि त्याने दुरून जरी लवंग बघितली तरी ती त्याला उष्ण पडते.म्हणून केवळ मला डेव्हलपिंग जे एन एस आर महत्वाची वाटते. बाकी काही नाही.
धन्यवाद.
Bears bring it on. Big bull has gone for break
@Sujatha 5040 is VAL of three days and as Anil said a fibo no. also so if atall it has to bounce it might from here and I personally avoid trading as JNSAR with expiry so near and this is a option s play also the JNSAR trade rule is my perception only so be light on shorts till hawala is broken as last month we were above hawala on closing but month closing was negative
Traders initiating, positions on 5 min charts must
have watched, whenever it forms some basic bar
patterns on support or resistance, first few minute of 5 min bar shows strength and suddenly as soon it comes to close selling comes in to have a bearish effect...
आणि सर्वात महत्वाचे म्हणजे जे एन एस आर ट्रिगर झाली आहे हे वेळेत इनफॉर्म केल्या बद्दल मनःपूर्वक धन्यवाद.
@ mynac,
Putting together all your messages from yesterday till now on on OI changes - can I come to the conclusion that,
addition of OI in 5100 call by writing - seals the expiry top at 5100
Addition of OI in NOV Nifty series - More upsides waiting with good long buildup!!
so current expiry - confusion
@Mynac तुमचे मराठी एकदम नादखुळा आहे .आणि माझ्या मनात अजिबात
काही नाही, मी आपला फार आदर करतो.
Can anybody please tell what is the importance of developing JINSAR as wetrade last days JINSAR
@shivanGupta I think you are new here... don't make
yourself confused. Just concentrate on the day JNsar.
When you will follow JNsar for some days then you can
experiment it.
Developing JNSAR is for tomorrow.
Dear DR Sir,
I am blessed today. I have received a comment from DR sir after a long time.
First i am not good at interpreting the OI values and convey the view, because on past occasions i have conveyed my view based on OI and it reacted exactly in the opposite direction.
And i have not reached the maturity of producing the unbiased view. Being a day trader, i do not wish to confuse others.
So just giving the values.
And Sanjay Bhai is giving OI values with PCR and a Very good Interpretation, i too refer Sanjay Bhai's views.
In my blog i post every 1 hour the values alone. and Post in JN at 11am & 1pm for reference.
Please excuse if something is wrong.
Thanks DR sir.
This is power of higher time frame, fall is not swift...
Dear satheesh,
If you will look FII FNO figures then will notice that
they are very much active in index option.
Todays huge addition in OCT 5100 CE,& yesterday's in
OCT 5100 PE suggesting the same as you think,because
at present Nifty trading well below 5100.
The time has told the reason behind that yesterday's
5100 PE addition when Nifty was heading towards 5170 +.
still not sure because still there is not that much rollover evidence
yesterday mo H gave this information that in last year
except Aug.expiry,Nifty has never closed below 5000.
Let us see this time.
NS at DAY LEMA 5040!!
Dear SAM
:) :)
thanks SAM
@ mynac,
"yesterday mo H gave this information that in last year
except Aug.expiry,Nifty has never closed below 5000.
Let us see this time".
I always like to read in between your lines!:)
Off topic subject... I stopped using my BSNL broadband
recently which was costing me Rs500 ... and bought
unlocked usb modem with 7.2 mbps. I am using Docomo card in it.
Costing me Rs 65/month. It works like a charm.
Sam,
where to get unlocked usb modem..
details pls sam
@ Sam is that plan available on DOCOMO site also. I have
never heard of this plan. Pls if possible give details.
Sam... does it works as wireless too...
@Sam what is the cost of Modem and which make
New Post Done.
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