@ Prabhat ,You have understood it well.A Bear would sell closer to 5094 with a SL-5110. Bear would be in the game only with a break below 5083-34 Hr Sma & 5077-Day Pivot.A bull would have bought at the open and keep 5065 as SL and raise it to 5077 as time goes by, part book @ 5105-5115 zone and allow the rest to trail.
मुद्दते लाख बुरा चाहिएवही होगा जो मंजूरे मार्केट होगा
Master in ur current chart why is the JNSAR at 5010 and not as per TT.☺☺
@Subo: You are aged only 24 & want to come to stock mkt? Learning money management & controlling the greed for money at such young age is something tremendous. I have just 3 advises for you:1. As master always says "Grow rich slowly". Aim only for small consistent profits in the start.2. Do paper trading for atleast 2 yrs before you venture in with real money.3. Never over trade, stock mkts are there for life. You will get numerous opportunities all throughout.
Morning everyone!@DR bhai :SMA --> true average over a mean time period : Perfect 100/100But SMA for Swing Trades ?? Formula says no .. SMA is the SLOWEST TO REACT TO TREND CHANGE! So Jury is out on this unless proven.. Longer period Fibbo SMAs as u rightly said OFTEN act as SUPPORTS / RES. Why is it so ? Have not been able to figure out.Magic of Fibbo is my best guess :-)For an ideal TREND FOLLOWING STRAT .. the Low pass Filter used shud have following charcteristics:1. React FASTEST to TREND CHANGE (@ each T/f degree)2. React LEAST to CYCLIC (corrective) MODES3. NEVER OVERSHOOT PRICEFractal Adaptive MA & any Steady state estimation Filter (for eg- Kalman filters using bayes probability distribution) are way better than both EMA & SMA in this regard!Rajendran's AFL code called SUPERTREND in Amibroker is one such brillaint implementaion of a Low Freq Pass Filter !Ask him to explain the code, u will luv it.. :-) have a gr8 day !cheers
Imp fact of life;Zindagi choti nahi hoti bus hamari khwaish badh jati hain.Usi tarah koi bura nahin hota bus hamari soch badal jati hai.
sir you saidHas 5047 completed the 2nd wave or could it fall again to 5015-23 zone as envisaged earlier??The Answer would be given by the market alone when it deals with(or fails to deal with) the 5084-95 zone.does this mean if 2nd wave has completed then nifty will stay above 5084-5095 after crossing it
@ parminder,If bullish, market should hold 5067. Accordingly, you may raise the JNSAR to 5052, the developing one for Monday.
The 76 % correction of yesterday’s fall comes at 5011, which is exactly master’s figure yesterday pointed. The 62% correction for the total fall from 5145 comes at 5109. DHEMA is at 5107. Hourly JNSAR at 5103. The zone 5103-5111 now could decide the further course. I would like to short here.
Camarilla Key Levels Nifty FuturesH4 5105H3 5080L3 5029L4 5003
@ dear prabhat sir i enter in stock market when my age was 15+... now 9 running i entaire this job...
Master, thanks for the Golden Words bt i am having no positions so just grazing thru ur TT and always waiting for ur Golden Words just trying to Grasp something out of the Boxes.But i was just referring to TT 5010☺☺
Nifty is weak if it closes @ 10:30 below 5092Bulls need EOD close > 5075 to turn UP the 5DEMA Lets c...
Really missing JN BLOG during market hours because of my new working environment & timings.:(:(:(
shriram jimy net downusing androidrthe lagging behaviour of SMA is advantage of swing trader no maths trading experince can help u
@ shivanGupta,I would treat crossing of 5097 as a confirmation of 3/C wave starting.Remember also that there are no absolutes in the market. Nevertheless, we make our studies, plan our strategies as though we know what's going to happen next.As long as we manage our trades with proper SL, we can continue such acts.
@Ilango,Can the rise of today from yesterday lows be marked as ii of the fall from 5144. if it is indeed ii then iii will open more downside and JNSAR will trigger.
Someone suggest medium budget android.
Julius,i think Micromax funbook
seem some consolidation in ns in 5085-90 range for breakout for 5110since morning 1030ema in 5day 5min charts is giving res to upmove
@ we have ratified our JNSAR at 5052, we holding the position in.
J.R.Julius said...Camarilla Key Levels Nifty FuturesH4 5105H3 5080L3 5029L4 5003June 15, 2012 10:18 AMPl put the BUY or Sell Tgt in above figures ,to make it clear , if somebody wants to follow
J.R.JuliusSamsung champ is cheapest but go for Nokia
@J.R.Julius -Some good Andorid phones .HTC EXLORER - 8kHTC WILDFIRE S - 12.5kSamsung ACE Plus - 14-15kSony Xperia Neo V - 17k Prices In Pune CIty.
hahaha..Aho ji DR bhai, je baat!Fun time ... how to explain Albert Einstien's Theory of Relativity to coomon man ?? Ans:Relativity:Two hairs in my cup of tea is too much.Two hairs on my head is too less !!:-DDDD
@Shriramsorry to jump in discussion, but my experience in trading says SMA's are better poised for swing trading and also on lower timeframe charts sir's fast rise and fast fall setup is good with SMA's...And regarding stats, let we monitor on charts from now on...it will be practical and more sensible thing rather than doing backtesting...
J.R.Julius said...Someone suggest medium budget android.June 15, 2012 10:29 AMgo for idea hand set manufactured by ZTE , with dual sim and lot of benefits of 3G
ns waiting for lower BB to come near 5080 and then may jump taking support of it
@ Anil: It depends on how u use SMAs or for that matter EMAs..Key is to understand its core feature & tap the potential, thats the trick Its not the car that wins the race, its the driver, but if had differnt cars suited to different race-tracks (read market modes) wud be ideal na ? Adaptive MAs are like those dynamically adapting cars ... driver remains same , u & me :-)
GM sir and all :)Prabhat - right time to take "right decision" as mkt @ good condition. think of yourself "now u r with positional view/mid term/shortterm"??? then take ur no. and stay away from 24X7 monitoring market and working out nos. I am with positional view since this week i told earlier "am with mayan"Anil - mm..example - anybody can try their hand with 5SMA which is the good indication for "short term" but profit booking is depends upon their "own level" whether up or down. For significant midium term signals one can use 20DEMA Vs 55 DEMA check it day nd weekly. Still weekly not yet triggered. For long time am using 89EMA and 200 EMA = now trading below 89 EMASubho - AGE DOESN'T MATTER..gain experience and enter.. at your age i saw 2 persons mastered this "profession" :P DR-ji - u know who's that 2 both from VFM :) i really wonder but bowing to their knowledge
Dear Ilango Sir & Blogmates,OI Update at 11:00 AMThanks & Regards
SisYes I know :D
Shriram - whether clay court or grass court /fast track or slow track = all in the hands of the Driver who's dri(trade)ving :D it's better to get first "learner's licence" "then driving" is safe that too with "seat belts" called as TSL :)
Any body could tell me, how to get NSE 1 min live data ipload in to the AMI using TT.
hello sirgood morninghow r usir doing much better than ever before. after reading ur theory and rules & principles of trading.
hahaha.. sujata amma:DR bhai wants to use Ferrari car on INDIAN ROADS , then wot will happen ;-)Seat belt will not prevent head from banging into ceiling ... HAHAHHA... LOL ;-D@ DR Bhai:Wid ur yrs of Experience, u have trained urself to use the LAGGING Behaviour of SMA to TRAILBut, by very definition, u hv not specified which time frame u trail , Hr or Day ?@ Each T/f (EW subfrac) , the dynamics change ...So SMA may suit a person who tracks EOD basis & that too will give profits only on SIGNIFICANT SWING away from MEAN (as SMO --> tends to 0 in a pure CYCLIC SINUSOID -read FLAT ABC wave)There are many nuances to be seen, before passing verdict on SMA over EMA :-)
** read SMO as SMA ..thoda behak gaya :-DDD
and sir i think ur principles of trading is good for real life too.. such patience and silence. but sir aap bi roj ek achi baat batao kero. i mean "THOUGHT OF THE DAY"AND SIR DO U KNOWab mera lose nehi hota.
@ShriramThanks for inputs...@Sujathai regularly use 5 sma in my trading its a wonderful.let me accept this frankly when i started TA in 2002-03 i liked moving average, but then it get fades away, but after seeing sir's post and emphasis on using MA's and way to use ut, changed my whole way of thinking and reading MA's, kudos to sir for that@DRIn my opinion TRendlines are the single most powerful weapon in TA. and my life (trades) depends on it..be it horizontal ones or trending ones...
Dear Sujatha," I am with positional view since this week i told earlier "am with mayan"What the mayan calender is saying for this week, My memory is you are short correct?
Shriram - Ferrari ki Sawaari??? :) let Tendulkar give his "ferrari to DR-ji" he can drive on the top "without touching the earth" ha ha ha :) :)
@J.R.JuliusI suggest Samsung Ace/advance/beam family handsets if you are looking for medium range. They have the same capability and performance like Galaxy S2..but half or lower the price... Best for normal use
shriramबिल्ली शेर की मोसी हैउसने शेर को सबकुछ सिखा दियापर पेड़ पर चड़ना क्यों नहीं सिखाया ?can you explain why?
@ Master Look Like it reverse from Mid point Crisis , How should we look at it
dinesh rishi jishayad sher ko seekhna nehi aaya hoga that how to climb on tree varna guru kabi apne student ko half knowledge nehi deta its all depends on students how much he learns
DR bhai ke liye khaas..http://www.indiatvnews.com/upload/news/entertainmentbollywood/Ferrari_bosses_4354.jpg
Hi Anil,Could you brief me on 5 sma settings on charts. I use iCharts and 1min time frame. Should i need to use only 5 sma or any other sma to crossover...i have sma1 sma2 sma3 settings, should i use all at a time or only one is enough..I am happy to discuss in mail separately, if you finds hard to put the comments here, my email id "kesavan100 at gmail dot com"
Nifty trading in tight range of 15 points for 2 hours.. Bulls trying to take control over 5090 & 5110... Bears trying hard to take it below 5070&5050
AnilI fully agree with you
DR ji,Apne apko bachane ke liye...Sher to Sher hai Akhir....
hahah... aap phir khichayee chalu kar diye DR bhai ;-)"उसने शेर को सबकुछ सिखा दिया"This is a premise or is it fact ? If fact, wot is the proof ke billi ne sher ko sikhaya bhi hein ??Pehle ye clarify karo, baaki sab iske baad ;-D
Master,Above 5097 3rd impulsewave starting and Big 'C' starting ????Please clear my point.
इतना shannata क्यों है भाई
Ascending triangle formation in 5min chart.
Expecting breakout of resistance around 5096 soon.
Prithviyour update plz
Ilango said...@ Prabhat ,You have understood it well.A Bear would sell closer to 5094 with a SL-5110. Bear would be in the game only with a break below 5083-34 Hr Sma & 5077-Day Pivot.A bull would have bought at the open and keep 5065 as SL and raise it to 5077 as time goes by, part book @ 5105-5115 zone and allow the rest to trail.June 15, 2012 10:07 AMNifty came down to "5077" and rallying. Bull should raise trailing SL to 5077.
Vipul Rastogi its a request plz expect some more :D
finally brack 5097
200ma resisted in 5 min charts
Recalibrating the EW count, if seen as a ST correctivea 5048 5096 48 b 5096 5077 -19 -39.6%If this b has finished @ 5077, we can have c up c 5077 5125 48 100.0%
@K7 i dont use only 5 sma, but with trendlines, its on hourly +5min charts combined...i will mail you on weekend, hope you dont mind it...
ORB ON UPSIDESorry DR Sir,Internet problem , so late posted
@Mynac: Is selling pressure coming above 5100? Looking at the OI table, 5100 call has good 60L OI & yest's addition was 10L. Is there a small card board wall placed at 5100? (addition of more OI will that a brick wall) & nifty breaking 5000 will make 5100 a concrete wall.
Chetas - ofcourse i am short = 5.5 inches only :D jokes apart - yeah shorting only at high and closing at support level or with my cam/sma level. my SL IS On EOD basis 5154 CAM H3 of weekly. Mayan calender is "my personal diary" valid upto this year. (i don't want 2 pass my confusion theory 2 others) becoz i know when to quit that also :P that time i can't post if i am not @ net.
@ SujathaCan you send some links relating to Mayan calender relevant for markets
@Mynac: This was the exact same thing happening at 5230-5280 when nifty was on its way to 5630 during Feb 2012. It was overbought + resisted for some time. Later the rocket landed nifty into stratosphere (5600 range). Looks like mkts have factored in weak IIP data + rising inflation too anticipating RBI rate cut.
Thanks Anil, i shall await for your mail...K7
@Ilango,Isn't the zone between DHEMA(5106) and DLEMA(5044) should be considered as trading zone. if this is correct then one should SHORT above 5100 and LONG only around 5050
@mynachourly indicator turned up, what about hourly KST? i am on mobile. please tell. thanks.
cooldent I got 8 hrs standby supply
@prabhatI 100% agree with you Prabhat.so I said wohi hoga jo manjure market hoga.let us see both the way trading market ahead.we will change headsregards!
@ 12noon: Hlf hr candle closing > 5091 Intra-day Bull Flag.EW , wave C in play on sub-minuette...Hint that Longs may have higher probability seeking 5125-5144
New Post Done.
will nifty cross 200 MA or will go down to fill the todays gap ??