@ilango sir,I am repeating the questionin the above second chart the lead indicator shows down red arrow, please throw light
@ Ilango Sir, todays Close 5141.90 is just below 200EMA i.e. 5149.37 in EOD data. will it react like Resistance ?
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@ Dear Parimalnifty resisted at the kumo cloud1 Day trend :day Jnsar trend has almost become flat and day J10 Sar is below it and that too also flat. we require breakout. see the macd also shows saturation. Ichimoku : Kumo cloud SSB is at 5145, nifty breaks it prices are getting in to the cloud shadow result in turn gets eaten up by the bears.cloud shadow is the difference between 19 Jan and todays situation.Bull will not be in hurry to cross that but situation gets worst for bullto keep with averages.critical averages are inching up and price movement band is getting narrow.week : Jnsar trend is becoming is just turned which was scaling down.nifty should not close below 5110 ( Kijunsen) in fact should close above 5144 to keep TA up monthly : getting failed to negotiate with J10 SAR 5177 (key)should get above it.coming days may be volatile and if you take my view then it seems difficult for the nifty to achieve the targets but my view will not be similar with my trades i will change it with the wind.so 5080 to 5175 is the playing range nowlet us see market is supreme.regards!
Hi,are we collating data somewhere for Expiry guesses like last time?
Namaste Ilango Sir & Blogmates, (Bullish : Bulls have fought hard to keep Nifty above 5100 and will try to defend it on expiry also...; Option Analysis for 27-06-2012Dedicated Option Open Interest BlogDuplicated at Wordpress SiteThanks & Regards,Sanjay Kr Jaiswal
My Dear Shradha Saburithanks for nice analysis. all technical analysis, be it Ichimoku, EMA or EW coming to almost similar conclusion, with a little bit of difference in numbers, which you have summed up as the range of 5080-5175. this is critical. a) bulls hesitation to peep above the Kumo, despite the fact that Tenkan has given a positive crossover to Kijun, which is very significant, may be attributed to pending policy decision at the central level. b) for last 4-5 days critical EMA levels such as 5-21-34 are holding Nifty around. c) as per day chart of Sir Ilango, Nifty might have completed a/i and b/ii, so c/iii up is in the offing. Market is all powerfulthanks and regards
Good Evening All.@Mr.Suresh Nifty,Curtis Faith also turned 2 million dollarsinto 33 million his early 20s!His Books:Inside the Mind of the TurtlesWay of the TurtleTrading From Your GutI had read 2nd & 3rd Books.Turtle way needs more patience thanSAR tradings.If you search "turtlerules.pdf" in googleyou can get the original turtle rules.Another turtle author is Michael W. CovelJust shared for Information.
On day chart, RSI9 and Stochastic are showing Negative divergence. please Seniors! kindly check and confirm the same and obligethanks
Friends tomorrowis expiry and lets have a contest here.June Nifty Expiry Guessing Contest.The rules are simple- There are only 3.a) Just call out the series close for juneb) No wild guess. A reason is must. Everyboday must give a expected close figure and reason for that.no range (4000-4050) ,only one figure e.g.4000c) You need to do it After 9.15 tomorrow and before 2.30 tomorrow.Seniors plz contribute.
sanz said...@ Ilango Sir, todays Close 5141.90 is just below 200EMA i.e. 5149.37 in EOD data. will it react like Resistance ?=========sanzPlz check 200SMAEMA is for daytraders/scalpers who want fast signals