The more time ns takes here --bulls will get weaker
AshishCan you share your wave counts ?Also let me understand which time frame is best for EW study.Google 2 min or 5 minute
I can smell the bears now :)
@PTEurope opening kee der hai bus bhai.Uske baad to Barnanke ka bhoot chadega bhaiya.
@ManishOnly today and then expiry ryles at 4860 su levels
just a lil time passhttp://www.youtube.com/watch?v=nDkGiXnZRdY
@Ashish, I agree with you.
@Dinsh Rishi, It speaks of your experience with these book, lol! Ha ha ha. Mine is no different though!
Now the bears are warming up :) hahahahaha @Ilango Sir Please delete the comments if anything against the norms
POWERTRADE said... The more time ns takes here --bulls will get weaker..Yes and probably Bulls are aware of the fact and might have seen Amitabh's "Deewar" and know his famous Dialogue,that"Aur is bar goli hath par nahi lagegi.."
@MyancAmeen :) ur views were needed adn they are here Summa Ameen :)
back -->Nifty in no man's land.. need break of 5101 for min 1 30min candle & downside will open below rising floor level 5065-5070Bulls need to move above 5146 EODfor now everything is saying NO TRADE ZONE!
@pt Bhai hame bull ko bachane ki koshish to karanedo doctors bol rahe ki stable but critical.wait agar nahi bacha to bus aapke hawale.regards!
@Shradha Saburi JiSab ka malik ek :) hum to bus Hum to bus Ranmanchka ek Hissa hain baki dor to uske hath mein hain
@Mynac,5300 call added more than 13 lakh OI, cmp is 7.what is your view on this when nifty is resisting around 5130 and expiry is a week away.
@TOT AmitLagta hain ab FII is intersted in chillar allso
kyun bhai ashish , mast mood mein lag raheho, aaj koi bada haath mar liya kya? thoda garibon ke saath apna idea share karo :-)
Dear PT,That 7 lac Intra 5100 PE addition is booster dose for Bulls now..and when Nifty is trading so close and above 5100,it would play major role in latter trading Hrs.is guess...let us see...
@AshishMein bahut Garib insaan hun muje bhi idea do :D lolzzzzzzzzz
If it is a small zigzag correction of 5-3-5 from 5135 top, it should hold 5099.Anything more than that would be considered weak.
ught of the day - There is no bull side, and there is no bear side. There is one and only one - the right side!
@ Ashish,Bas ab PT BEAR-Bhagwaan ki daya ho, aur sujata ka "Mayan" saath de to life mein sab changa hove ;-)
Dear ToT-Amit,Unless and until it is trading above 5070 or you may say above JNSAR,I would consider it positive. If Bulls shall hold 5100 and even if they shall not show new top this week, then also it would be very much positive because in the mean time DHEMA will come down and will help them… On the contrary @ that time it will become more easy for them to cross DHEMA by good margin..
Thanks Mynac,I too was taking it positive... but you explained it very well.
i think ashish today had thumpsup.... aaj kuch tofaani karten hai
sujata amma:Ur menu taking own sweet time to cook. How much more time "maav" will keep "ghooming" in this grinder ?? Can we brk for lunch & b back, till then u pls continue the grind ;-)
Thanks Sujata for the links, do you have any which shows intraday volumes as wll for each bar of Nifty? Thanks!
sir now a days i trade only intraday ... now i start position trade to j10 sar level wise..selected one stock ( sbin)..if cls abv 10 ema i buy n if any day cls 10 ema low i sell.... & follow 5 days high ema & low ema... sup res also... intraday trade i basically follow orb.... if u guide lead indicator & trend indecator.. its very help ful 4 me.... its enough or any technicals tools i used..if needed plss guide
ilango sir @ plss reply my questn
PT sarkarr ,ki jai ho ☺☺
midcap index at 55ema supportalmost all indices have tested supp of 55ema in 5min chartsis it time to move up now???
@Ashish, it looks like this correction is completing itsmove at around 5104, and then its up once again. There is no momnetum in the down move.
Pankaj - if i got i will post it if i use more indicators or watch more then more "confusion" already confused person :)Shriram - OK..permission granted 2 you for sappad hv full meals and come nifty in "sandwich" condition now :P between my SL and "mayan" :( may God bless me :)
Dear Ilango Sir & Blogmates,OI Update at 1:00 PMThanks & Regards
hahah... tks sujata!worst possible time for market trade timing.. Stomach growling , but 34EMA calling!cu guys after sapaad
@sujata sis,Now wants garama garam IDALIs.
My expectations apart from CAM:Breaking 5116 in NF - Minor TLBreaking 5125 in NF - Major TLIf Major TL break My expected FIBTargets in NF 5152.87, 5141.74, 5165.15.If Day Low Break Again in NF 5100FIB Targets in NF 5092.11, 5080.98, 5068.70
However CAM traders focus onH4 5151H3 5131L3 5090L4 5070
@Mr.Shriram, Mr.Dinesh Rishi, Mr.PT, M/S Sujatha & Seniors,Where could I get the real meaning of yourIdli, Vada, Pizza, Tubelight, Full Meals.. etcAtleast I won't miss technical discussions ofyou all.I'm asking seriously not for fun!
Zigzag correction done 5-3-5 from 5135 to 5100.70(5099 anticipated).Negation: If breaks this low of 5100.70.
in morning green candles were in bigger size than red candlesbut now red candles getting bigger
Nilish-ji - y this kolaveri on bulls? :( my SL hits but as i said before in "updation I" will maintain my stance on "hourly closing basis" and supporting view is my 30 mn. candle so far not bad. PT - daya karoJulius - r u serious in this "dishes" i am the worst "cook" just take it as "fun" :D but shriram and DR-jis both r "good chef" :)
If big operators need qty before such big event then these kind of whipsaws are usual thing, important is closing. Any close above 5125 may favour bulls & below 5100 to bears:)
kumar sir - may god bless 2 pm close @ 5125 advance sugarfree & ghee to you
Now almost 8 lac intra addition @ 5100 PE..
Fast rise setup on hourly charts 5,10,21 sma.
Dear Sujatha!Hourly close above 5125 may compell to bears to run away, bulls may roar then:)
@Sujatha Sister,ok. will try to decode DaVinci Code.:)
Major TL brokenas per my observationNow NF should not go below 5105& Break Day High for extensions.
So, the B is not over yet. We will have to wait for C for some more time.
NF, Now trading with premium...Alarming sign for Bears ? ? ?
@Experts: I am just keeping finger on my lips & gaping at the terminal as I see this mkt as non-tradable. Innocent retailers will only end up getting their premiums eaten up. So many -ve results - bad IIP, rising inflation, RBI rates unchanged, rating downgrade by 3 credit agencies now, etc... none of these affecting mkts & it is simply rising with no reasoning. Wonder till that extent this play by operators/big players will go on. @Sujatha ma'm: Only experts like you & others here can read the mkt at such situations too. I am just a toddler who is still drinking milk from feeding bottle. My milk teeth are not strong enough to bite steel. Hence sitting it out & getting bored.
New Post Done.
back-->possible EW lables for this Up swing from 5042a 5042 5108 -66 b 5108 5058 50 -76%c 5058 5135 -77 116.7%The c may b playing out as an ED..c.1 5058 5106 -48 c.2 5106 5081 25 -52.1%c.3 5081 5135 -54 112.5%c.4 5135 5101 34 136.0%C.5 can tgt 5134 / 5142 / 5155 as per fibboc.5 5101 5155 -54 100.0%
If wave-5 is truncted then is it possible that wave-B is irregular top/bottom?Thanks.
Hey, nice site you have here! Keep up the excellent work!Shriramits