Trade with tsl or stay out for a while till a decisive break out unfolds.
Regular TA tools had given the buy and the hour TA might become OB in the PM session whence any weakness to be watched..
Monday, October 10, 2011
Nifty PreMarket View
When the market is trading in a contracting triangle, tone down your expectations of profits too and trade. Beware of false break downs and break outs as different time frames TA slug it out.
Trade with tsl or stay out for a while till a decisive break out unfolds.
Regular TA tools had given the buy and the hour TA might become OB in the PM session whence any weakness to be watched..
Trade with tsl or stay out for a while till a decisive break out unfolds.
Regular TA tools had given the buy and the hour TA might become OB in the PM session whence any weakness to be watched..
30 comments:
Namaste Ilango Sir & Blogmates,
Optidx Table is Neutral, Shorts and Longs both need to be cautious: Option Analysis for 07-10-2011
Weekly & Monthly Profile Charts and Values
Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
good morning,master & friends.:D
Namaste Guruji, all seniors and friends
Good Morning Ilango Sir and Friends
Reliance chart analysis: CLICK HERE
morning to ilango sir and all...few doubts in mind..we are taing the macd low of last 4748 closing and than of now low at same price and calling it divergence...while forming lower line not taking it from last low same of macd ...so if we drow a support line from that and the resistance line is same than we get a triangle and not the wedge.....2.we take two lows in divergence and the last low is not that all are considering for me it is another when again price was at 4977 and macd than crossed up for a while so comparing it with one before may not justified..3.the price is same 4750 and hieght is macd much high..can we consider it as hiden divergence and macd can come down to match price and that wil lead nifty to again low...4. the money market and rupee/dolor still gives clue for a new low...I MAY NOT BE CORRECT AND EXPERTS PLEASE DO ELABORETE ON THESE POINTS
Good Morning Ilango Sir and Friends
i am confused, 7th october 3:15 PM you mentioned JNSAR remains short
and here you mention 4910 LONG bought. Can you explain please
@jc. Thats not jnsar trade. Thats conservative trade
Good Morning Master & Friends
Good Morning Master And All
Sir SGX is trading above JNSAR so should we SAR the Friday shorts at the opening or wait for ORB.
Please help.
Namaste Ilango Sir and fellow bloggers
LV
Good morning Sir and seniors.
Good Morning sir and friends !
Good Morning Master and copy to All
Good Morning Ilango sir and friends.
JC, the buy is conservative trade, that is at the top of the table. JNSAR is short, that is at the bottom of the table. Conservative trade and JNSAR are two different trading strategies. If you are new, stick to only one.
@krishana
but as per jinsar also we should be long as nifty traded above daily j
insar (4894) at open.
Good Morning Sir and all Closing above 20 SMA@4959 will be
the precursor of rally.
Resisting at 4959 will lead to decline in short term
Rgds
GM
when is the IIP data? 11th meaning infy &IIP on same day?
in tat case had we opened today at 4800 the table
would show, SOLD at 4900?
Bramesh - before that 4925 is 13 sma right?? + is it a doji high 4923?? (if at all DOJI novice in charts still) time permits. 4925 to 4950 is hurdle area for bulls :P sofar
GM Sir,
please decrease JNSAR Bcause nifty is holding JNSAR.
Yes Sis agreed with your view 4923 last to last
Friday high..
For Trend change 20 SMA works best in bear market rallies
jst check charts with 20 SMA plz correct me if i am wrong
shivanGupta, today, personally, I would use a filter... As Ilango sir has been mentioning, there is no precise set of rules that will give you results every time, you have to learn to manage trades on your own... thats the whole idea behind this blog. If Ilango sir wanted to give calls, when to buy and sell, what is the point of making all the tables and charts? I think everyone needs to keep a logbook [I prefer MS Excel] and jot down points as you make observations and use it as a guidebook for the future.
Ilango Sir,
GM.
Rather unusual, nifty's clinging the JNSAR? In my short
period of following this group, I haven't seen such
moves.
Sir, comments?
thanks krishana ........i was just trying to learn how to trade with jinsar and i know its is going to give wipsaw sometimes.
@JC the table shows the trades thatr done or taken n not according to the prices that happens now For JNSAR trade on 7th it was 4914 if u had gone short u had the oppurtunity today of coverig it when today jnsar was reached at 4993 alternatively a SL of 4916 canbe maintained .If u r long at 4994 u can keep a SL of 4864 /4879 both HEMA readings.If I am not mistaken the last minute instructions on JNSAR by Sir on 7/10 were given as we wee closing below the next days JNSAR .Now if u r new please stick to one method with discipline it will be fruitful and follow only the values in table because many times the Sir's comments r answers to many readers querry which u might not be aware of
thanks bhavan..tat helps
watch for coalindia movements now very closely because of the marketcap it has it would be having a heavy weight age in nifty movements
New Post Done.
Post a Comment