JNSAR number could be interpreted by the individual in any number of ways.With Filter;A 5 min candle close below or above;An EOD Close;An Hour Close;And many more.Whatever you may choose, stick to it. And manage such trades as per your parameters for managing it. Losing 20-40 points during a whipsawing period should not deter you from taking new positions.Enhance your knowledge to incorporate other studies to manage your positions during overbought and oversold situations;ORUse Tech.Table to manage them.
thanks a lot Sir!
Nifty intraday update: CLICK HERE
Very short-term observation for opportunistic traders…Just watch following chart…http://ichart.finance.yahoo.com/z?s=^nsei&t=1d&l=on&z=l&q=c&p=e5,e20,e34,m200&a=r14,ss&c=@ Present Nifty is trading closer to day low but the chart shows stochastic as well as RSI are rising or want to go upwards…but the price shows fall means in spite of fall the selling is absorbed or buyers want to keep it up nevertheless chart is not that much supportive for rise….Whether this understanding is correct or not don’t know. But technical fellows are requested to throw some light…
Dear Mynac,GM Sir,@ mynac said... 5114.25 is the high volume trade @ 9.15 TodayI hear lot such statements but I am not able to infer, I sincerely request you to help me to understand the interpretation or what does it indicatte. Thanks in advance.NSB
Thanks Master for bringing alive the Teachings for JNSAR lovers☺☺
good morning sir and all friends.
@ Mynac,And also when there is fall it is being compensated by changing the premium on futures.The bears are kept in doubt.
Dear NSB,Simple understanding…If Nifty shall start to trade &stay firmly above that High volume trade, then the chances of upside in the remaining trading Hrs.are there and vice versa
Dear Yash and Dhan … Thanks… it was overlooked by me…:)
@ MynacOverall volumes at NSE are high today ???Till now done 48000 crore.Please check
i am happy that Pranabda is going out. he did not do anything worth the salt. secured 32 years of govt/party birth by betraying and covering up the investigation of mysterious death of Netaji Subhash Bose
@mynacji,in my view it will trigar sell below 80 stock. and 50 rsi.
for first time since morning ns broke abv 21ema in 5 min charts and again falling
@ Parimal,Show me a single political leader at present doing any thing ....All are busy in preserving their elected seats and position....and never caring for people of India....
Sir,mid point crisis ??
5 days Volume profile of Nifty is showing high volumes @ 5120 and 5145.matches with Master's pre market view of 5124-44
@Mynac can it be a negative divergence?
@ShriramHello.. Yours inputs are greatly missed
you are right Gauresh-bhaiin fact democracy does not suit us Indians who are mostly uneducated. India can progress only if there is benevolent dictator at the helm
Nilish - ji - no sell please ..let it be after a upmoveShriram - Now prayer is OMG straight direct candle to 125 next is 145 but as usual grinding and will come late??? :P any chance to bulls chasing bears that too holding it's tail?? "hanging knife" on the head of the indices due to expiry phobia :( am ready to eat anybody's SL except me :D as i am "tiny ant" can't eat my own
5114 is 10DMA currently the support is here....
DR Sir,Is there any provision in Sharekhan TT to place pre-market orders? Pl guide.Regards
@Sujatha Sis,Your weekly L3 is hurdal for me. below that all is well.
Sir,is it possible that ns may fall towards 5085-90 range and then may move up towards 5220-30 range to complete expanding triangle pattern(higher high and lower low)please advice ??
Dear Ilango Sir & Blogmates,OI Update at 11:00 AMThanks & Regards
@ STOCK4SURE ,How the correction gets completed in a "Bullish scenario" is difficult to state. It is possible "as you have stated".There are few supports such as 5074-80, 5042-48,and 4985-95.Beyond 4985, it becomes difficult.
JR JULIUS TODAY IM CALCULATE CARMILLA LEVEL BUT ..LONG DIFFERENCE FROM UR LEVELS IF U CAN MAIL UR SECRET OF CARMILLA LEVELS THANKS SOB
Nilish-ji - that's protecting me sofar including my SL.shriram - request you to consider my posts as "jokes". by the way u r very much sincere with your EMA system (ofcourse technically right) but y not prefer some flexibility?? like weekly 61% FIBO is protecting + 50/200 SMA s are protecting since a week weekly hammer (i believe twin) and above etc., just a wild thought ofcourse i am mingling these thanks for YOUR FIRST SL :)PS : I may change my coat at any time depends upon where it's holding and how it's resisting.
Whenever I trade Sujata sis has to eat my SL.I am the favorite punching bag of all.
H&S pattern emerging in Bn 5 min 5 day chartsright shoulder inmakingmay be near to 10030-50 range
from 5114(10DMA) to 5126(week pivot) this is the 3rd attempt to break the resistance of 5124 given in pre-market. Seems not able to sustain..
back -->@ CDG: hrTA : Nifty is trading > hrLoEMA (Developing Lo 5116), needs to break down below 5116 fast by 12:00noon for bears to feel happyBiggest learning is to close positions when Hr TA hints @ reversal. Lets re-evaluate @ 12:00 noon @ Suja: Aaah.. atlast u have given some of ur "secrets" away after eating my SL in the past 4 days !! Ur trading style is BESTUM BEST for such range bound markets, where Trend-following becomes a torture :-)
@kerala nifty,Nothing Secret Here. The levels I mentionedis NiftyFutures. You may be calculated withMINIFTY or NIFTYSPOT.Seach in Google :ADVANCED CAMARILLA Intradaycalculator
Is this a bear flag in NF?
Ilango ji,Ur preferred wave lables pls sir ?
@shriram,Remember what sir once said... Follow and flourish... predict and perish. :)
small bearish WW in most indices(except IT index)may correct be4 12 noon
@ DR sir,Bank Nifty SAR HITTED ?
good morning ilango sirfrom tomorrow high 5194 to today low 5102 is 5 wave?
@ sourav:That mantra i recite every morning @ 9:15 before open , but wot is the reference to context pls ?? :-)
Open & low are the same right!!!
If JNSAR taken @ 5110. Then reverse trigerred @ 5130
ShriRam ji , Developing 34 ema on 30 min is 5136 which is also Low ema( 5116) +20 . A reasonable stop loss for shorts ?what do you say?
NOBLE I think so :D
Closed my longs as BN touched my target - it may show some weakness??? something smelling :(
hi smita, hru ?yes one hlf hr close > 5137.7 & i will call it quits for shortsOnly Sujata has mastered past 4 days volatility.. no system is able to handle these whip-saws as well as her "mayan" :-)
DR sir aaagaya :)
seeking for support for breakout Imtihaan ki ghadi
Shriram is doing a great job making us remain brain-active. ELse we will vegetate..thx Shriram.
@Shriram,RTC is..Q:Ur trading style is BESTUM BEST for such range bound markets, where Trend-following becomes a torture :-):UQ
Hello Shriram ji , Me doing good ( exept for last few continous losses ) :-D thanks for asking .I will watch 12:00 close .
@ ilango ji,Intra-day Expanded Flat corrective done @ 5131 sir ?
At least for the time being "Don't Buy the Dips - Just Sell the Bounces"
dollar index is volatile came down but no breakout
@ Eevra: kal se market ne dimaag ka dahi kar rakha hein , my fav 5 & 34EMAs r unable to handle intra-day volatility !@ sourav : ok, i get it. wot was written, was complimenting sujata's success, not for SAR based trades :-)
added one lot of mini nifty with low sl
@Shradha Saburi,Jnsar is in short?? Then what is the reason to take long?
New Post Done.
@ shriram , if you do not mind would you pls say the one targeted to me in english pls. thx