Minor "v" of the "1st/ a" wave ends at open with a new low (ORB Handy)and a corrective "abc" unfolds most part of the day & resume a reversal, the range being 5445/55(S1) to 5540/50.
Minor "v" done at 5461 yesterday and "b" of "abc" in progress to be followed by a "c" towards above 5537 @ 5540/5550 and reverses down.
These two views get rejected above "5550"(21/34Hr Sma) or 5561(Weekly Open).
If weakness continues unable to move past 5525-30(R1), gap filling will emerge towards 5428.
74 comments:
Good Morning Ilango Sir and Friends
Nifty Support levels: CLICK HERE
sir ji,
good morning and to all
Namaste Sir Ilango and all friends
May the supreme Lord grant us good health, mental serenity
and prosperity!
have a nice and successful trading day
Good Morning Master & Friends
PRE-MARKET WATCH !!!!!
MINUS 156
Namaste Ilango Sir and fellow bloggers
LV
GoodMorning sir and all
pls help
how to calculate ORB
i am a newbie
thanks N advance
cheers
ORB:take first 15 minutes high and low
@ buggie advani,
1. You could search this blog by keyiong in "ORB" in the "SEARCH THIS BLOG" box and read all earlier discussions on this subject.
2. You could also read No.3 of ""Always start trading with these" at the side bar of this blog.
Ilango Guruji Namaste, GOOD MORNING to YOU & to all fellow blogmates..
@ Suresh,
That is spoon feeding... with an empty spoon.. Not complete.
Namaste Ilango Sir And All.
thanks you Sir
Good morning guru dev & JNSAR family
sir ji,
sorry
Good morning all! @buggie Have gone through the trading Bible links at the top right corner under the heading " always start trading with these"? http://tradeinniftyonly.blogspot.in/2008/11/nifty-intra-day-trading.html is a chapter there about ORB. Good luck!
Trading above Day Pivot:5494.
Good Morning Every One - Have a Prosperous Day Ahead!
Good Morning Sir and friends
Trading above JNSAR-5505.
Trading above 5DEma:5511.
Reached HHEma-5521.
Dear Master,Thanks for the Guidance.
Let me admit that novices like us are understanding the TA better sonce last few days
Sir... this is awesome live commentary!
A quick HLEma to HHEma at the open.
...and yes, whenever NS hovers so close to JNSAR... I learn a lot... on how to manage my trades.
Great learnings, and thanks to our beloved guruji!
I owe this opportunity to you sir!
Gm sir ... in chart above JNSAR is shown as 5525?
Dear Sir Thank you for teaching me
JS
5505 jnsar plus filter 5525
@jayant singh , that is with 20 points filter added ...we add filter for next 2 days after the Jnsar triggers
Good Morning Master and copy to All
BN goneeeeeeeeeeeeee
ORB 5474.70-5521.40
Master ilango,
GOOD Morning and thanks for awesome live comments
supported technically.
regards
good morning ilangosir and blogmates
Thank cooldent , smita
@cooldent JS looks cool thanks
big black candle in bank nifty
NS was above JNSAR earlier but is now again below JNSAR, should short positions be pilled up? Do we treat this as one more JNSAR trigger?
Let us know ask such questions, but rather let us keep track of what has happened and try to learn from these.
March premium way too high at the opening of series. Sign of manipulation?
Victorious
Its not candle its tubelight
http://www.electronicecircuits.com/wp-content/uploads/2009/12/Fluorescent-Tube-Light-12V-6V10W-20W-diagram.jpg
From HHEma(5520) & from Pre-Market's resistance zone of 5515-25 receding...& trading below Pivot-5494.
Another black candle developing in BN
Sorry, please read my earlier comment as...
*Let us not ask such questions, ...
BN's weekly Ema-10400.
Watch words of DR ji
Good Morning Sir and Warriors
Good time to go short?
Good Morning...............
Hi all,
Today MASTER is there in its true form giving
live education.
That is possible here only/
Regards
@DR SIR
yes sir ALERT !
for BN traders and nifty traders also.
Sir,
Your live explanation is immensely helpful... Thank U!
Good Morning Dinesh Rishi Ji
Finally NIFTY VIX is in green happy to see that !
"5452" comes 20 points below DLEma & HLEma.
JNSAR hits.
Trading Below PIVOT & JNSAR.
@Victorious
Can i know details about VIX and how to get the VIX
chart.
ORB Broken Down.
orb broke down.
Remember the "Art of Part Booking"... When & where..."Pre-Market's" or your own choice.
to blogmates,
can any one tell me how HEma and LEma calculated
Sir
Your Are in full swing today. Happy to see so much of
Green box within a hour. Thank You..........
@Illangoji
Thank you Part booking done
@Sushil Ji
http://www.4shared.com/office/cDntXlyR/01JustNifty-TA-1_by_ilango_.html
Sir already more than 45 points
THREE CHEERS TO MASTER for his love for all
Come all celebrate.
Namaste Ilango sir and all,
WEEKLY CHART :
Click Here
NIFTY DAY CHART:
Click Here
HOUR CHART H&S:
Click Here
Due to the Board exam of my children - one in +2, and other in 10th - My interaction has become very less now-a-days. Only when they are off to school I am able to concentrate in trading.
** Read the above as HOUR CHART and not HOUR CHART H&S
Please confirm if NS is at Neckline of H&S in hrly chart..
Thanks
New Post Done.
@ Satheesh Sir
Thanks for chart its very helpful !!!
Satheesh madam thanku for ur charts
Mroning Illango ji & blogmates,
Some EW perspective for thought & rumination:-
1.1 5629 5574 -55
1.2 5574 5606 32 -58.2%
1.3 5606 5487 -119 216.4%
1.4 5487 5516 29 -24.4%
1.5 5516 5461 -55 100.0%
2 5461 5537 76 45.2%
3.1 5537 5473 -64
3.2 5473 5521 48 -75.0%
Min Tgt for W3 = 5521-1.382*168(W1) = 5289
We may be in the 3rd Sub frac of this 3rd wave DOWN...
So far W3.3 has done
3.3.1 : 5521 - 5450 = 71 pts
Based on 30mins CANDLE CLOSES,
We can expect a bounce @ around 5421 ???
Tat wud give 3.3.1 = 5521-5421 = 100 pts,
Lets c if this happens, comments - Obsvs most welcome
cheers
SMO
Post a Comment