Capture the Big moves only if you can leave your ego outside the trading room.

Mothers carry their children patiently for 9 months, believing continuously in the life forming slow and steadily inside her. Each month is a different challenging one for her. Having gone through one month doesn't make her wiser for the next month. Each month brings its own challenges but she is willing to face them, doing whatever is needed. She knows..having patience and belief in the fact that millions before her have carried and delivered safely makes that journey worth all the risks which will culminate in holding a "bundle of joy" in her hands.
The odd mishaps reported here & there may alarm her but never deter her to abort her mission.

Most have fear while carrying out a task/mission. Fear if managed well becomes a super input for preparedness.

Businessmen have failed..students have failed.. Mothers have failed..Leaders have failed.. Champions have failed.Sportsmen have failed... Failures are everywhere. But the ones whose mind is "made up" is never deterred by these so called failed attempts.They continue knowing well that if they can take care of the reasons for their failed attempts, success is then just round the corner. Remember "You can achieve anything in the market if you are willing to put in the needed efforts with discipline".

Raging Sea that is capable capsizing ships never deterred sailors to sail into find its riches.
Forest with its wilderness & dangers never deterred the hunters to exploit its resources.
Everest with its unstable environment never deterred those steady flow of climbers to conquer it.

No great job has ever been accomplished without facing uncertainities. Great feats are achieved with an unwavering belief, confidence and patience.

A reader asked: Regarding ''J10SAR''..is it a simple EMA-10 moving average? which one is better among JNSAR & J10SAR?

How many trades did it generate since 11th February 2011 to till date ?
How many trades were won & lost?
What is the total points gained on winning trades and total points lost on loosing trades?

J10SAR is 10 day ema. It comes close to JNSAR. The idea here is any number will work as a SAR provided you follow the rules diligently. However, having a number that gives lesser whipsaws make it more convincing. They capture "All the big moves".

I am attaching Jpg document that shows "How money would have doubled in just 30 trading days by following a number with "limited inputs from our side to manage".

You may attempt to verify J10SAR feasibility.

They are good but what is required is :

Belief in this system.
Discipline to follow the system with limited management
Patience to wait to book profits and then to reverse the trade.

Get rich slowly.

Come Monday..Hour JNSAR will start its journey for those aggressive traders in an improved way.

Kaun kehta hai Bhagvan aate nahin
Bhakta Meera ke jaise bulate nahin,

Kaun kehta hai Bhagvan khaate nahin,
Ber Shabri ke jaise khilate nahin,

Kaun kehta hai Bhagvan Sote nahin,
Maa Yashoda ke jaise sulate nahin,

Kaun kehta hai Bhagvan naachte nahin,
Tum Gopi ke jaise nachaate nahin,

Yaad aayegi unko kabhi na kabhi
Krishan darshan to denge kabhi na kabhi .. Achyutam Keshavam…

Devotees who do not know much of singing joins the "Bhajan groups" in temples to offer that elusive music offering to "Music loving God".. Bhagwan loves such devoted music though it may be imperfect.

Similarly traders who are not professionals may join "Trading Bhajans here" to offer that elusive Rhythm to the " Rhythm loving market". Market will reward such "Rhythmic traders" more than the professional ones.

Devotion that stayed within until....

A king and a queen who lived and ruled some centuries ago. They loved each other and were happy together. The king was a wise and just ruler, and under his reign his kingdom flourished and peace and prosperity prevailed over the land. The King's subjects were happy and content. In short, it was almost an idyllic existence, but there was one flaw, one minor thing which prevented the queen from being completely happy. And this was that the king seemed to have no interest in God. It was not that he was against God. He had no objection to his subjects or his wife worshipping God as they saw fit, it was just that he never seemed to join in.

Nifty, having consolidatedd @ 5350 to 5475 & moving past the resistance of 5550, heading towards the next cluster @ 5690-5750.

Recollect our price study done 2 weeks ago titled What message are you getting from the prices..?. Nifty later fell towards 5348 (against our 5380 cluster) and struggled around 5550 pivot and gapped up above it today and got close to the 5680-5700 resistances.

Dinesh Rishi asked me to remind readers that "Booking profits-full or part" need not be taken as a "shorting opportunity" but a "locking in some profits.

Whenever a question is put to me, "Where the market will go from here..?", I find I'm at aloss to find a correct answer. If I say, as per the trend, it should head higher, market choose to correct for a day and spoil it for the bulls. And if I say, it is likely to correct before moving higher, it chooses to move higher with a shallow correction.

There are times when a trend matures in a larger time frame, enough indications are available to spot the top/ bottom but in smaller time frame, many possibilities show up that such an excercise may become counter productive. To produce results, choose a method and believe in it and stay with it. By doing so, you may not capture the tops and the bottoms but money will keep flowing into your account and there will be smiles all around you. Patience, discipline are the two most important factors to apply. You just don't need anything else. And when success comes your way, be humble and stay quiet...don't brag or it'll again drag you down.

Get Rich Slowly.
This VIX chart shows a possibility of a short term reversal from the overbought zone.Holding below 5690 would give a better chance. Only a move past 24.50 to 25.00 would indicate bearishness.

Nifty Intraday Update-III

Nifty Intraday Update-II

Nifty Intraday Update-I

Nifty PreMarket View.

Nifty, breaking out with volume, heads into a cluster of resistances ahead.

Nifty Intraday Update-III

There is a cluster of resistances @ 5526-35 and then @ 5556-63.

Nifty Intraday Update-II

Nifty Intraday Update-I

Nifty PreMarket View.

Nifty ends at the resistance point within The range needing a follow up.

Nifty Intraday Update-III

Nifty Intraday Update-II

Nifty Intraday Update-I

KST has smoother indications compared to "Stochastics".

Nifty PreMarket View.

Nifty has been correcting down with very low volumes with range contraction.

Volumes have simply dried up. Contraction of range too getting narrower.
Weekly "bearish flag" would still be valid even if an upmove unfold towards 5550+.
Such an upmove will unfold if DLEma(5386) & Day pivot(5406) are held in the opening session. A move past 5428 (Week pivot & today's high) would be an early indication, followed by a firm move past 5450.

However, if fails to hold above 5386 and breaks 5360, the chances of a break down increases.

The channel extremes are 5450 - 5360 for tomorrow.

Nifty Intraday Update-III

Nifty Intraday Update-II