Dear Shradha SaburiOn Ichimoku day chart Nifty future is attempting the fifth time to pierce the cloud (komu) which poses as strong resistance.regards
Nifty Open Low Broken - 5149.45
Goodmorning sir and all :)Shriramji - thanks for ur view u keep "an eye" i will keep "2 eyes" there intra may touch 34 ema and bounce looks like soLV sir - now wat is the status of your "thursty candle"?? Ganesha - GOOD SL really :) very tought fight there 60/70 but 5050 i had doubt it may come to 5100/95 soliddddddd rock bottom + now humans are scratching their head "bulls and bears done some secret compromise" and doing well and foolishing positional players :)
@Sujatha Sister,Good Morning - Have a Nice Day.Mayan Shows 5222-5256 or 5069-5034?What's your Dish?
dollar index not letting nifty to move up freely towards 5200naari shoshan
@Sujatha Sister,I still hope the bounce 5157 is enough for Mayan. Let's see...
Tejpreet Singh Chadha Chadha Sahab SSA
@STOCK4SURENifty moved from 4770 to the present level when INR slided from 54 to 57 against dollar baba
Good morning master and blogmates
For intraday traders, weakness would be below 5124.Presently resisted @ 61.8%-5157(High 5159).
haha.. morning suja:As long as ur 3rd eye is "shant" we have no issues ;-)Coming to the 5.e count , we may be doing the ZZ & take support as u hinted @ 5134 (34EMA.30mins)Following lables can be possible for this 5th ZZ tgting 5174 (61.8%) - 5197 (100%)5.e.A 5096 5159 63 5.e.B 5159 5135 -24 -38.2%5.e.C 5135 5198 63 100.0%Lets c if 34EMA supports, NO MORE PREDICTIONS :-)
Julius sir - I am using one and only No. for this whole year "calling mayan" will not change often. currently well abv my "no". but i will allow "my no" to float here and there i.e like "false breakout of 20-25 pnts" up or down watever it is. May be "i am playing utter foolish game" that's y kept quite abt the no. :DShriram-ji - nifty ji planning to eat SLs both the sides - if premium increases - longers should give up..if discount means - shorters should give up hehe wat a plan?? if at all ur no. achieved today then??? too early to say :P will post "tonight" @ if it comes but nifty needs "some cool off'
@ parimalthanks parimal ya definatly in my openion price will no do that in hurrybecause it will come under cloud shadow only important for bull is that weekly closing price should be above 5140 to maintain weekly ta upregards i am on mobile
Sujatha ji,Good morning
@Sujatha Sis,ok. :) keep rocking. Ratios are working asself-fulfilling prophesy. Any number willwork. Any levels derived from any swingwill work. As Mr.Illango said "Number is God". Once I used ratios. After made mistakes on14th & 15th of June. I focus on retracementstoo. I am not mastered EW. But wish to discussone or two valid point as you suggested meto use ratios along with CAM. Hope it will benefit for both of us. If you wish kindly send me a test mail.
@ SujathaWith these patterns, (i.e., in the neck, on the neck and thrusting patterns), as prices move under the white candlestick’s low, the trader knows that it’s time to sell. (Note that the thrusting pattern in is bearish in a declining market, but as part of a rising market, would be considered bullish. The thrusting pattern is alsobullish if it occurs twice within several days of each other.)Candles offer an idea; sometimes directs you to act; at other times cautions you, when you use other parameters to act. This incident I took as a warning to remain neutral.Regards,LV
Dear Ilango Sir & Blogmates,OI Update at 11:00 AMThanks & Regards
The last attempt by bullsPlz take bears SL so I can clap my hands
Parminder-ji - GM :) pls. grind well some urgent work will join after 12 today got only "button idlis" not even a mini idliLV sir - thank you very much..Julius sir - sure... will send test mail "u hv good patience to post your inputs" let us discuss thro mail what u want but "u please teach other's here too" i am the "worst" in explaining technicals very much unfit. edho kama soma-nnu trade panni running my life
Sanjaythe link is broken
volatility may start from 11.45-12 noon when emas may converge if continues with same slope
@DR sir,Nooooooooooooooooooooooooo..........Why this kolaveri?
Good morning Gurudev and friendsSanjay sir, sorry, the page you were looking for in this blog does not exist.
Re-calib @ 11:00amTime HrClose 5EMA 10EMA10:00 5151 5130 513011:00 5150 5137 5134 5136 5136 51345-10HrEMA has given BULL x-over, Intra-day BULLS will have chances now, provided we close @ 12:00noon > 5136 (5hrEMA will turn down if so)5136 is also the 34EMA, 30mins!
SSA Dinesh ji.
Descending triangle formation in progress on NIFTY 5 min chart.
@Sujatha Sister,Thanks. I am just a learner of this giantmarket. Actually I planned to start fewrealtime test of various pivot(with clear rules - entry, exit, stop which will give same test report in real). But time changed my business place. I could not access blogs.However I manage watching JNSAR & DRSAR through my rel-net. May be after some days we can test few things. Happy to be here during trading hours!
Dear Ilango Sir & Blogmates,There is some error in the above link so please use the following :OI Update at 11:00 AMThanks & Regards
Shriram: ED in 5 with weak 2 and 4 looks little suspect. Till market proves otherwise (below 4990),current action after 5124 could be a running correctionCheers
Expiry Grinder is On.
CAMARILLA traders can consider 5139 inNifty futures for H3 SELL with affordableStoploss.I personally don't BUY@H4. May be if Day Highbreak, may think about LONG.Personal Decision Advised.
SHOW ME THE MONEYhttp://www.youtube.com/watch?v=OaiSHcHM0PA
repost:Camarilla Key Levels Nifty FuturesH4 5152H3 5139L3 5112L4 5099
NF 5138-5167nifty stuck in range.
@ KRG: Agreed 100%! EW labling best done post-mortem, many alt counts possible on the FLY5DEMA is trending up as of now, price is > 34EMA , price close > 5HrHiEMA .. and yet BIG RES ZONE @ 5190-5206 faces ahead on DAY TA.. so wot to do? simply follow the price: go long on dips intra & book out near Recent tops...
sir is there any way to know that current consolidation is going to resolve in up move or down move
Guys who might have entered in short as per my last observation can exit at cost for the time being as FTSE open is approaching and not much down movement seen till that time. Will reenter shorts again at higher levels.
Good Morning ILango sir & everyone!Dear Jiignesh!Thanx for ur advance msg, we all are ready & keen to participate in expiry. Your enthusiasm shows that how much dedicated golden personality you are, keep it up:)
Sir,considering weekly high ema, daily high ema, R2 and fibo retrace level, 5150-5170 is not a good level to short conservatively ?
Bored on the Trading Floortry thishttp://www.youtube.com/watch?v=GaUon5RznFs&feature=related
IDFC FUT ..131.95IDFC CASH ..134.5IDFC 130CA ..2.50is it worth buying 130ca as fut may tend to move towards cash levels ??
DR Sir,when order flow is low............
Shriram: Apart from the channel & resistences as above, I feel that one has to watch for a move that is larger than 5190-5042 (being the sharpest correction so far; marked as small "a" above)in a faster time (may be less than 7 hourly candles !)Cheers
Dear Shriram!Thanx for giving EOD EW lesson here last night. I want to clear my confusion that can a wave 5 make a traingle as you suggested last night? Kindly guide....
foreign institutional investors bought a net INR 8 billion of Nifty futures Tuesday ???Is it right ?
@ shivanGupta,The OI scenario paints a "Bullish picture".(As per Sanjay Jaiswal's update)JNSAR trend has been up despite intra day volatility.Tata Steel seems to be in a hurry to recover "lost ground" but faces 424 as a tough resistance as do Nifty @ 5174-85.Hints are for upsides only but accept price dips below 5124 as an early warning signal.
Master,Open interest showing bullish marketm, trend is also UP.Can we go long with 5120 as SL???
Kumar ji,pranaam sir :-)Motives can be of 2 types : Impulses & DiagonalsDiagonals can again be of 2 types "LEADING" & ENDING"In a 5fifer MOTIVE WAVE:W1 can be a LD & W5 can be an ED Since SUB-FRACS waves A & C (of a CORRECTIVE) can also be MOTIVE, Wave A may be a LD & wave C may be an EDNow in our case, am counting an EXPANDED FLAT "C"wave UP from 4770...this is Impulsive ..within it last sub wave sw5 is seen as an ED :-)
We Are Traders - A Tribute to All Those Trading the MarketsClick captions on "CC" buttonhttp://www.youtube.com/watch?v=MwKYjZ_8EcE&feature=relatedWe traders and active investors are a largely misperceived breed. Our profession / discipline is also misunderstood. Trading, whether that of Forex, Futures, Stocks, Bonds or Options, is usually viewed as gambling by the public. It's seen as a way to get rich quick through luck. But there's so much more to it than meets the eye. Legitimate daytraders, swing traders, and active investors are true masters of their craft, rising above human nature to churn out profits consistently from the market. Just like great artists, athletes, and professionals train years to become proficient, so do great traders, honing their skills of analysis, risk control, and mental discipline to gain an edge in the markets. While doing so they also benefit the economy by adding liquidity. Despite this, the independent trader and investor is in an industry where his/her needs are unrecognized and unmet. Our goal is to change that by addressing their needs like never before.
Dr kumar, Good morning sir☺
@ Prithvi,The trader's journey is quite "lonely".Sooner you start having some "Belief-system", happier & enriching the journey will be.I may give you the "green signal" now but would I be around for the rest of the journey to change signals.You have stated all the observations but now you must take those "Baby steps".......Alone.
Too good D.R. Sir.
@Mr.Illango,//You have stated all the observations but now you must take those "Baby steps".......Alone. //:)That's why everyone call u as Guru. Sometimesyour response like Zen Master.
DR Sir,Too Good . Excellent Thanks for posting.
My Fav Quote from the Movie Pi:1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
New Post Done.
@ ilango ji,wot is going on for past few sessions sir? 90% of the time INTRA_DAY, market is CYCLIC, & we wait like cinema-fans for the last 10mins of "ACTION" . OUR PLEASURE IS IN THE CLIMAX SEQUENCE. But how to develop patience sir, how did u condition ur mind to "wait" ? :-)
my sl 5133LET "give me some sunshine give me some rain give me another chance to grow up once again."Sorry for bad timing.
Good noon master and all JN friends !!!@ DR JiRupaiya saade sattavan ho gaya jei July contract.Vekho !!!