Prices have whipsawed at both ends of the triangle and staying within the boundaries and the spread has decreased. (Opening hour channel res. @ 4773; channel supp.@4720) The "Just turned up week" could attempt to assert itself while Day TA continues to be up and the OB Hr TA has corrected enough. "4717" should be the SL for Longs.(Intraday management to be confirmed by EOD Close).
Closing below High ema few days ago has produced some "sell on rises" trades in the past few days. But the close above DEmas and LEmas suggest holding of "Longs" and continuation of ST uptrend.
Those who applied "filter" would have saved some points. But part booking takes care of whipsawing losses. The basic criteria in a "SAR system" is your acceptance to follow a number consistently.
38 comments:
Good Morning Master & Friends
Namaste Ilango Guruji,GOOD MORNING to YOU & to all fellow bloggers...
Good Morning Ilango Sir and Friends
NIFTY Analysis: CLICK HERE
Namaste Sir Ilango and all friends
May the Lord grace us with peace harmony and prosperity here!
have a good trading day
Good morning Ilango sir and all .....
gm. Can some EW expert comment on this count I have
for wave C impulse from 4588...seems like an extended
w3 and hence a truncated w5...
w1 - 4588-4630
w2 - 4630-4602
w3 - 4602-4795
w4 - 4795-4687
w5 - 4687-4795 ( 2.62*w1 )
Am I missing something ?
Namaste ilango Sir and fellow bloggers
LV
Good morning, wish all a PATAKA day!
Namaste master,
Good morning friends
GoodMorning Ilango sir and All!
GM sir and JNfamily friends
GOOD MORNING TO ALL
DEAR ILLANGO SIR CAN I GO TO BUY NIFTY AT THIS LEVEL?
Good Morning Master and Copy to All
4800 crossed ...
Good morning ☺ Ilango Sir and all blog mates
Good Morning Ilnago Sir and JNFamily
DR sir aaj jaldi aa gaye???
@SAM: DR Sir want to see his green plant...
@Prabhakar :)
@DR Sir this is not fair... when in green... jaldi hazir
and when in red.. not...:((
@san,
your 2nd and 3rd chart. What is the point where it hits
the upper trendline ? 4800 or so ?
Thanks
4800 crossed ...
SAM
Ha Ha Lolzzzzzzzzzzzzzz
Good morning master & all blogmates
Goodmorning Ilango Sir and all the Blogmates!
Is anybody getting.....
Service Unavailable
Error 503
From Blogger
Dear RAJNITKANTH
Pls switch off your AC. Its getting too cold out here
@SAM: I am getting yesterday on wards. Click refresh button of F5 button
NS taken out Resistance with gap. Seniors it is advisable to go short in anticpation of gap filling?
Namaste ilango sir and friends,
Today's quote received :
Tears.., Fears...& Cheers...,
It is upto us what we want....
Never think hard about past, it brings tears...
Never think more about future, it brings fears...
Only live present moment with smile, it brings cheers...!!!
Power gone.... now lets see how much time my backup holds.
Thanks Prabhakar... so its not me alone....:)
GM Everybody,
Dear SAM,
Just read your 9.50AM comment... Yes I am too...Probably it is for Puneits only :)
@DR sir.... is Google SMS channel working.... I am getting
strange characters when I try to open it.
New Post Done.
Service Unavailable
Error 503
Google is unable to bear JN blog load,
It says you are in queue
आप कतार मे है
@Golfdude ,
The 10:00 close is say around 4796.65.
5 Hour high ema at 4766 .
This close is 30 points above 4766.
Accordingly It generates a buy at 10:00 close ( If taking fresh positions).
Current week JNSAR at 4837. That will be another number to watch for JNSAR followers.
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