sir you said trend reversal in hourly so does this mean now possibility of making new low less.
Sir,Is contracting triangle developing on 2min chart for a upward break to 5083+ to complete "b" wave ?
@ shivanGupta ,5052, the morning resistance has become a pivot. Above & below the direction of prices for the reminder of the day.
Sir,5083 is also 62 % of fall from 5124 to 5018..Am I right ??
ns trading in b/w 34ema and 55ema (near 7-8pts)since last 30minemas may get converge soon then volatility will start
sir, rising in DHEma and and rising in DLEma but developing pivot is below previous day pivot.is that suggesting something?.
aaah..A higher 30mins candle close @ 12:30 (wr.t to entry @ 11:30)now we may b in business, to seek 5090-5100...
seems nifty waiting at last stop (5080)be4 5124 or will make U-turn from here(no entry abv 5084)
booked one lot
shriram now we may b in business, to seek 5090-5100..plz let put some extra effort and take ns towards 5124chhoti si aasha
nice trade shradha,me too ... ata thoda araam kuryaaat with TSL :-)
do not loose hopes it will gokeep watch on dollar index
thanks Shriram Jay!! JNSAR TREND
@ stock4sure:Best we can do is to follow MAs , go along wid the flow & look for Real Body candle Roadblocks!v difficult to predict where this will end :-)
Prabhat - shhhhhhhhh only happiness is - didn't cross my '89 ema" + EOD closing from 1st to 11th is showing some weakness for near term anybody observed what is that??? just a "timepass" as usual from my side
look at dollar index how it is falling
Dear Ilango Sir & Blogmates,OI Update at 1:00 PMThanks & Regards
@mynac Sir,Todays action shifted to 5000 put
Master,Is it a clear 5 in 5 min chart from 5015 to 5089.50Regards
Ilango Sir,I think C started this HR34HSMA is trading above 34HEMA
read as34HRSMA is trading above 34HREMA
Rising wedge in nifty bearish
Master,can we consider that 'C' wave now start...
bearish WW formingpt 5 in formation will be abv 5110ns levels0ns levels intraday
bull out or not out? decision is being awaited.
Shradha - don't allow above that and close below 5070 @ EOD
@ SJkolkata ,It is more like an "abc" as the opening move to 5052 does not show impulsive sub-waves.Being resisted @ 50sma-5085.More weakness if moves below 5063-200sma.
Camarilla Intraday - Scenario 2Nifty Futures H4 5102[BUY]H3 5077[SELL]Personal Decision Advised.
Thanks Ilango Sir.
bearish WW formingpt 5 in formation will be abv 5110ns levelcorrection may trgt 5070 levels intraday
thanks maam!we have to bribe umpire but let me out first.
Dear Hemant,action shifted @5000 PE which is but natural..Let us.. Here Bulls have no any other option left but shall have to keep Nifty only up and up only..or you may say price has given this task.
A break below 5050 could be taken as "c" having started."b" is a "sucker wave". To play safe, enter at appropriate support/ resistances.Our resistances @ 5083-87 has held.(Premarket's res. @ 5090)
Good after noon master and all JN friends@ masteri.Today Bollinger band strategy has helped while shorting the rise from 5045-5089.ii.Has the "v" started with 'iv'having ended at 5089 ?Regards Always !
@ masteras per calculation any target for "c" ?
ns at 5068..confiuence of emas suppas emas have nearly converged in 5 min charts
Thank YouIlango and mynac sir
Super Bullish possibility: Holding 5033-50, could mean "2nd wave" done @ 5017 this morning.
Time passA PARSEE (Bawa) was asked: "What's preferable? Parkinsons or Alzheimer's?" The wise Bawa answered: "Definately Parkinsons. Better to spill half a peg of scotch than to forget where you kept the bottle!!" CHEERS!!
Ilangoji,I asked a query yesterday for your earlier 5080 level. I got the answer last night after browsing the blog for 2-3 hours. 5080 was the strong support when nifty fell to 4531. Another interesting point I came to know that yearly H3@5078. We had good support there before falling towards 4770 and after closing below 5078, we had a good fall. Friday and yesterday, we had a up move but it closed below 5078. From my little TA knowledge I understand that trend is sell on rises till we close above 5078 EOD. I ask seniors to help and verify.
Ilango sir...super bullish scenario works out..at wht level can i enter longs??thx
a- 5125-5018=107b- 5018-5087= 69then c=a 5087-107 = 4980
stop loss saved
Dear bizagra,I think so he has already given 5040 for that.. at least..it is my understanding..
Rupee hits 56 again!
Buggle Advani .. The whisky soill joke is too good.. as someone who is fond of whisky i enjoyed it thoroughly
closed all and out
@ prahalad,Good investigation and worthy contribution.Month trend continues to be down.We are following the market for the intra month rally.
Part booking@5057 & trail to breakeven can beconsidered!
rising wedge converting in chanell5046 near is lower supp of chanell
Now the struggle is around the 200sma.(5063)
--> back@ buggie: Saras joke dikra !!!34EMA still supporting @ 14:00 if close > 5058
fight for dhema
From price action,it looks,sellers are trying very much hard to press Nifty @ much lower level but they look helpless...
dollar index is choppy so europe
all well with DR sir looks absent
New Post Done.
some changes in WW pattern as pt 4 has formed a bit lower near 5058...trgts will be below 5040 and that may come tomorrow
Most difficult wave todayWhatever you may call this.
What Shoudl I do Buy or sell wirh what target any guidence new member here