2.30 factor important
if this upmove is part of bounce in downtrend then good to make short positon with proper SLone big sl will be 4883
50 day ema & 13 day ema converging in the daily chart. Wonder what blast is expected (mostly upside) until tgts mentioned by mynac
@Mr.Illango,Many times Premium/Discount Traps while bookingstops arising if we use CAMARILLA SPOT.Can I update CAMARILLA futures levels fromtomorrow or continue Spot? or any othersuggestions?
CAMARILLA traders - Patience Required.Today Price action testing our patience!
Illango sir, I think the RSS link is broken for http://tradeinniftyonly.blogspot.in/ . I usually get rss feed for new post you do but from yesterday I am not getting any.Thanks for all good work.
नमस्कार श्रीराम,मला वाटते इथून पुडे फक्त इडलीच खावी लागणार.
shriram - :) yeah me too had pizza by the way u will get only mini idlis not the bada reason - ??.........Anil - point to point missle done. dnoo abt rocket today i believe becoz of full moon day but still in the "mission" :) tank is full only thing is waiting for 2.35-45 time auspecious??sudden shoot 31/43 not ruled out "need Kalam'ji's help" (mynac) :)Nilish - ji - enough idlis for today :)
julius ji,u can start with pivotv,res and support also
सप्रेम नमस्कार निलेश...आणि दुसर अस कि भले डोसा खा किंवा इडली पण पोटाला मारू नका... जे हाणायच ते भरपेट हाणा;; अगदी हुं करून :)
@Sujata Sis,Close above 4827 and you will get dosa also.
bearish WW developing in ns chartstrgt 4770
what is the reward/risk ratio ,general expectation,min in intraday options
Sell Nifty Spot @ 4935 S.L.4937
in terms of %
5ema is above 30ema
@Mr.Suresh,Need permission from Adminji.Posting more than 1 strategy some timesmade new people to confuse.
illango jiZZ done .... ?
raghava Plz dont post calls here, its against norms
Dear Anil,Pl.don't laugh but after 4825-28,the next logical target is direct 4890 for tomorrow.It looks funny or you may say too ambitious but who knows if Nifty shall sustain above 4830 for the day then may try Developing WLEMA,WLEMA or even Developing MLEMA too,with the help of good Global cues..if there shall be any then..
@ J.R.Julius ,It is your choice. If it will reduce confusion caused by wide fluctuations in premium/ discount, go for NF values.
DR sir, I shorted BN at 9167. does any hope of coming to that level?
Raghava - Sell Nifty Spot @ 4935 S.L.4937 v still not even crossed 4835 y hurry for 4935 that too with 2 pnts SL????
SIR HOURS JANSAR JANSR 10 TRIGERED ? ANY INTRADAY POSTION POSSIBLE?
mynaccccccccccc - :) :) bring bullet train too
Master Earlier I use to do analysis on spot valuesince when this pre-mkt trading startedI have switched to Fut price.Im comfortable with Fut price.J.R.JuliusNow Master has given green signal switch to NF :D
@ Shriram,It was expected to have been done at 4828. Beyond 4828, the short term labeling gets a bullish bias.(And below bearish)
prakashbkcMaster gave Reversal values read his post on previous pageBelow that chances are there above that change dress immediately
Camarilla Intraday Follow Up:Trade1 : L4 SELL@4790 stop Matched & Trade Closed.Trade2 : L3 BUY@4816 22+pts reached.Partial booking & trailing can be doneby personal decision.
ok illango ji, in that case let look @ it as a 5wave A ?can we expect a 38.2% retracement vide a B ?or are you looking @ a different degree sir ?
Sujatha Mam,I was expected at day high level is 4835
JNSAR is still 80-90 pts away... no fear for shorts.
HELLO ANY ONE EXPLAIN MY QUERY PLS .............
@mynacthanks for ur analysis...i do believe your analysis...sitting tight on longs initiated at 4785...thoda book karna chahiye near to 4840 i guess..bas yeah par karwa do fir sujatha ki bullet train waiting me hain...
Dear Sujatha,Excited ?:) but A word of caution: In down trending market these types of steep up moves are sold out too swiftly...and generally are not sustainable... For any sustainable up move,consolidation is must...either,Hrly,Dily,Weekly or on Monthly basis.As per the situation..Even today's this Hrly.up-move took almost 5 Hrs.consolidation...
Till we close above Jun Month open pricewe are still in woodsthough till now daily & weekly candles are in greenBut PT sitting on monthly candle.
thanx DR sir for reply
can 4800 ce show a price of 145/150
21,34EMA 4835-4855 are successive resistancesWe have either finished a 5wave or a 3wave ZZ...if close < 4835 @ 3:00pm , can be a good short trade
Dear Anil,Learning to watch market impartially...Though most of the players were hoping Nifty below ABC or XYZ level today,tech table was suggesting halt @ lower level as it was oversold.. and All the best for your decision..
Mynac - v opened below 4800 level that's -ve positionally i agree but the retracement what u hv given is again withCAM weekly H3 + EST showing some +ve left + long term chart showing the line 4800 is good support Lbb protecting etc., etc., not overly +ve but would like to trade this also
kadam kadam badaye jaa khushike geet daye ja!
@masterconquer your FEAR here works. long 1 lot mininifty at 4789 to check myself. still holding. when to advice book profit. kindly guide. thanks a lot.
mynac - today itself?????
4860 & 4881 are 50% & 61.8% retrace for the last fall from 4949 to 4770.
Sujata:Can I have your mail id. You are fabulous in prediction. Will like your thoughts.RegradsBB
ns in greenmoving up in anticipation of rate cut by RBI be4 18th june
@DR Sir: Can we go long in BN?
vote4ldf,i think nifty not even closed above hhema, dlema.why hurry.since nifty has closed below dhema,sell on rises r waiting in the dark.in my opinion,wait till 34 ema is taken out. bye.you can still take if you r aggressive trader.
@IlangoA short here with the golden ratio at stop loss??
30mins TA updatesNifty has entered Res Zones 4855 (34EMA) & 4870 ahead
PrabhatNooooooooobetter late than never
Sis@ what NF level I should clap my handsto show u they r empty
resisted at DLEMA!!!
Prabhat - ?????????? danger wat u did since morning from excellent low 9045??? actually 383/450/550 and all profit booking level ..sometimes y u r also like me??? coming late to platform :P dont worry shorting level will come again once 20 sma not taken out decesively or else it will touch there and fall may accelarate.. hope DR-ji will show some "sodium light" on this :)BB - hehe :) if i am wrong or SL hits u will dislike :D :D quite nature
Dear Mynac,Two new high volume bar at 4834 & 4838.8, could we this as new SL?
DR - am thinking of double clap @ 4880/97 am i too greedy??? no i feel comparing to BN..56/68/79 first clap
Sujata..Taking your advance blessings, m jumping for Idlis as close to 4855 as possible here.Pls ensure to keep pressure cooker on full steam !! ;-)
@Sujatha ma'm: "Prabhat - ?????????? danger wat u did since morning from excellent low 9045??? "Me - Blinking at terminal & pulling my hair confused what to do? Now i see i missed the train .. so trying to see if I should board the bull train or bear train... It may continue its upward journey tomorrow since it is oversold & bounced of today's low taking good support @4789 & later @4825. Scared to enter now & hold positional.
DR SIR, BN at 9374 should i book loss & buy. i totally loose confidence my brain not working kindly help
@ Indus,Since this last fall was for the "5Th" wave which has already done 250 points and a likely close above DLEma would initiate a change in direction "IF Persisted".
shriram - OMG - please don't give chutney and sambar to him :( as i am eating pizza and dosa he likes idlis??? huh.. homecome let him and catch the bullet train
prakashbkcbiggest mistake trader does is wrong entry & exitEnter/exit only when JNSAR triggers
@IlangoYes...since I posted the comment, NS is tradingabove DLEMA......will now wait till tomorrow, withan eyeout for 5DEMA and 20 SMA with a closewatch on JNSARthank you
4800 ce has reached 144
DR sir, JNSAR for BN?
Camarilla Intraday Follow Up:Trade1 : L4 SELL@4790 stop Matched & Trade Closed.Trade2 : L3 BUY@4816 @22+pts reached Partial bookingRemaining Can be booked@4850Overall Profit for those who stick to the ruleswith Patience.
@IlangoBank Nifty trading above your immediate reversal point of 9360....since it has been a leading indicator, could this be a pointer for furtherupsides on nifty???
@prakashbkc9500 BN JNSAR for today
Sujata Amma:Dev. 5DEMA down. so DOSA allowed STRICTLY ONLY INTRA DAY :-)wen 5DEMA turns up, then i will join for ur "special Onion Rava masaal " ;-))))))
Prabhat - stand up on the bench :) read my previous mail. again sensex the same place 56/86/152 it may touch
Market cover almost 90 points from day low ,,, trend bullish hai ki bearish :) :) :)
Dear Prabhat,Yes...one may keep it in mind for tomorrow's trading too...Thanks for the information..
Overall one could have booked 15 to 20pts Profits.See you tomorrow friends. Bye.
shriram - done.. Anil - closed intra long with one set of mini idliDR -ji - clapped @ first level Bye for the day.
Sisme also clapped @ 49Now on Trigger only :D
As always losing money is part of my trade.
hahaha... but sujata amma, this is not fair !Mini idli available , but no "mini" dosa in market ?? may be we shud re-lable our codes as IDLI & SAMOSA.. mini can b aplicable to both then :-PBye, good day to all !cheers
prakashbkc1. dont touch BNF till you gain confidence in NF2. Next NF trade we will do together with JNSAR levelswish you all the best.
Prabhat bhai,Please yaar... JNSAR ke against mut jao... main haath jodkar binti karta hun... lene ke dene pad jayenge.
Thanx DR sir for kind supoort. I have also shorted NF at 4800 & still keeping short short position in BNF? I really donot understand whether i done right to keep BNF & NF short position?
Dear PrakashBKC,Can u pl explain the logic behind shorting NF @ 4800?Simple remedy to improve trading success rate:1. Pl OPEN trade only on close of Time Frame, 30mins or Hour2. OPEN long / or short , as close to SUPPORT REZ ZONES (see 30min candles and or 30min , Fibbo EMAs)3.MOST IMPORTANT : Always trade ALONG THE DIRECTION of 5DEMA !!!U will land a very high chance of making plus trades!cheers
prakashbkc@ any given time there should be only (R) onlyone active trade. dont trade Nifty & BN bothgoing 4 swimming :D
@dinesh.....well said....feeling tired so today i am going for swimming:p