If it gets resisted around 5225-5235, correction continues with an irregular top in "b". If not, upmove unfolds towards 5275(Wk.R1 & Day R2).Weakness, if any, would be evident only below Day pivot:5178 & last Hour low:5174.
I got caught in an emergency yesterday and couldnt update yesterday.
Yesterday, clearly at 10AM it was a long as close was above HHEma and DHEma ( 5145 ). So previous short trade was closed at a loss of 13 points. ( But on Monday evening it was recommended to take partial profits at 5090 ).
Long trade from 5153 now in progress. Again partial profits can be taken and SL moved to NPNL or 5140 ( DLEma ).
After losing in NF for 2 months I am here to discipline myself in terms of entry point and SL.Pls accept me as your disciple. What I have learnt silently from you is to have a plan before you trade. If I am able to make a good plan, I am sure I will learn other things as well. Here is my first step -
1) Watch around 5225-5235, short @ 5220 with SL @ 5240 t1 5180 OR long @ 5240 with SL @ 5240 tgt 5275
2) Day pivot:5178 & last Hour low:5174, day high ema 5170 Long if sustain above; @ 5180 T1 5225 Short @ 5170 T1 5141 T2 5083 ( S1/S2)
Sir, How to take position as per Aggresive trade as per above table in premarket view? How I come to know this please give some guidenece to me thanks in advance. I am trading with JNSAR only till now please help me for more.
Ever since market topped out in Nov-2010, All bull months have been followed by 2 bear months. Going by the same logic if JAN was a bull Month, we should have Feb and March bear months.
Dear Yoda, Thanks for reply. I recommended dropbox.com not for referals. It saves a lot of time. I myself sychronise my JustNifty file and Amibroker data. I update Amibroker data manually every hour. If Ilango Sir and other JN mates finds userful, I will be more than happy. Regards.
He appears regularly on CNBC TV 18. On Monday morning he was bullish. Then after the 110+ point fall, he became extremely bearish on Monday evening. On seeing a positive open in SGX Nifty, he became neutral on Tuesday morning. Dunno what he said yesterday evening, but today morning he said one should have bought yesterday - on every dips buy.
Why do these jokers even come on TV. During the Satyam scam, Udayan asked SP Tulsian, "Where's the 6000 crore?". Tulsian replied "Udayan, that money is still in the bank". I lost a huge amount because of this one fart. Yet, these jokers continue to keep coming forever.
Prabhakar, gm, there's a method that scalpers use during the last hour to take advantage of the last hour and gaps down or up. I've been considering taking a long and short myself because of the phenomenal gaps of late.
hi there, Can someone please tell me how the JNSAR trades are done ? The one mentioned in above table ? Did master broadcast everytime he take positions ? I am eally confused as how to take decisions based on blog data that master publish after looking at these jNSAR trades. Please help me.
Master in Pre market u Sq.Off ur Long Position at 5220 but yesterday High in Nifty spot is 5215 So , sir in JNSAR table trade position is at NF level? Plz clarify
Bunty, you pick the time-frame that suits you - jnsar is usually for the day. Sometimes the hourly goes above the daily which is a sure sign of a fast rise.
There's a ton of material in the last year on how to trade jnsar if you'll just go back in he blog.
Take position with 20 pt Stop Loss. If you do not wish to miss out, then you *must* take all the trades. Sometimes one can be whip lashed twice in the same day. But that's the nature of the markets and one has to endure it.
41 comments:
Good Morning Ilango Sir and Friends
Nifty Analysis: CLICK HERE
Good Morning Ilango Sir and all blogmates
Good Morning Master & Friends
HH-HL update -
I got caught in an emergency yesterday and couldnt
update yesterday.
Yesterday, clearly at 10AM it was a long as close was above
HHEma and DHEma ( 5145 ). So previous short trade
was closed at a loss of 13 points. ( But on Monday evening
it was recommended to take partial profits at 5090 ).
Long trade from 5153 now in progress. Again partial
profits can be taken and SL moved to NPNL or 5140 ( DLEma ).
Namaste Ilango Sir And All.
Nifty EMA chart for Jan updated - CLICK HERE
Hello sir,
After losing in NF for 2 months I am here to discipline myself in terms of entry point and SL.Pls accept me as your disciple. What I have learnt silently from you is to have a plan before you trade. If I am able to make a good plan, I am sure I will learn other things as well.
Here is my first step -
1) Watch around 5225-5235,
short @ 5220 with SL @ 5240 t1 5180 OR
long @ 5240 with SL @ 5240 tgt 5275
2) Day pivot:5178 & last Hour low:5174, day high ema 5170
Long if sustain above; @ 5180 T1 5225
Short @ 5170 T1 5141 T2 5083 ( S1/S2)
3) Trade HHema/ HLema.
Pls correct me if I am wrong and guide me.
1) Watch around 5225-5235,
short @ 5220 with SL @ 5240 t1 5180 OR
long @ 5240 with SL @ 5220*** tgt 5275
- sorry for typo error
Namaste Sir Ilango and all friends and seniors
May the Lord bless us with peace and prosperity at this blog
may all have good trading day
@ Dear Ilango Sir, Good Morning.
Sir, How to take position as per Aggresive trade as per above table in premarket view? How I come to know this please give some guidenece to me thanks in advance.
I am trading with JNSAR only till now please help me for more.
Good Morning Sir & to all.
What are past evidences of first day of month move?
Ever since market topped out in Nov-2010, All bull
months have been followed by 2 bear months. Going by the
same logic if JAN was a bull Month, we should have Feb
and March bear months.
Lets see if history repeats or deceives!!!!!!
Namaste Ilango Sir and fellow bloggers
LV
Good morning Master and friends
Dear Yoda,
Thanks for reply. I recommended dropbox.com not for referals.
It saves a lot of time. I myself sychronise my JustNifty file and
Amibroker data. I update Amibroker data manually every hour.
If Ilango Sir and other JN mates finds userful, I will be more than happy.
Regards.
Namaste Ilango Guruji,GOOD MORNING to YOU & to all members of JN
Sukhani
He appears regularly on CNBC TV 18. On Monday
morning he was bullish. Then after the 110+ point
fall, he became extremely bearish on Monday
evening. On seeing a positive open in SGX Nifty,
he became neutral on Tuesday morning. Dunno what
he said yesterday evening, but today morning
he said one should have bought yesterday - on
every dips buy.
Why do these jokers even come on TV. During the
Satyam scam, Udayan asked SP Tulsian, "Where's the
6000 crore?". Tulsian replied "Udayan, that money
is still in the bank". I lost a huge amount
because of this one fart. Yet, these jokers
continue to keep coming forever.
ORB PL
@nifty I won't watch TV channels.TT will suggest us. We have to enjoy jokers.
hii
Good Morning Master and copy to All
Just a observation.
Whoever took position based on last hour of DAY. (Monday and Tuesday).
Lost it within 1st hour of next day.
So, Last hour of day should be used to square off and not to take position.
master ilango and friends
good morning to all
nifty respecting support?
@prabhakar.
I turn it on just to see where SGX it trading.
@Kiran:Why should we take position on Monday/Tuesday at last hour of day? I think techically wrong.
DR sir - where have you been? You missed the fireworks in action yesterday ...
Commendable, Pravin. I'd started to download it and stopped when I read their blog
and thought you might be able to use the extra space.:)
Nifty Month End Analysis: CLICK HERE
Best to take pe if up & ce if down in last hr trade.
applcable a move of morethan 60 points on that day.
Prabhakar, gm, there's a method that scalpers use during the last hour to take advantage of the last hour and gaps down or up.
I've been considering taking a long and short myself because of the phenomenal gaps of late.
hi there,
Can someone please tell me how the JNSAR trades are done ?
The one mentioned in above table ? Did master broadcast everytime he take positions ?
I am eally confused as how to take decisions based on blog data that master publish after looking at these jNSAR trades. Please help me.
Regards,
If somebody want to track the SGX
http://www.forexpros.com/
Bunty,
As Nifty crosses jnsar, take a position with a 10% SL in either direction. Just once every day. SL hit, no more trades.
Hi Yoda,
Thanks for your inputs, Can you please elaborate more ?
Which JNSAR should I look for ? I mean which time frame ?
Regards,
GM Master, seniors & blogmates,
Master in Pre market u Sq.Off ur Long Position at
5220 but yesterday High in Nifty spot is 5215 So , sir
in JNSAR table trade position is at NF level?
Plz clarify
New Post Done.
@Yoda:Very good morning...
I don't know much knowledge. I am back bench-er. Just following JNSAR..If SL hits, I am reversing the trade on same day
Bunty, you pick the time-frame that suits you - jnsar is usually for the day.
Sometimes the hourly goes above the daily which is a sure sign of a fast rise.
There's a ton of material in the last year on how to trade jnsar if you'll just go back in he blog.
@Yoda,
10% SL ? 10% of 5175 = 517.5 pts ??
Take position with 20 pt Stop Loss. If you do not
wish to miss out, then you *must* take all the trades.
Sometimes one can be whip lashed twice in the same
day. But that's the nature of the markets and one
has to endure it.
Master,
Plz read today's Premarket JNSAR trade table instead of
"Pre market ".Sorry for inconvinience
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