@ Ilango ji,Pls guide on the intra-day wave lables sir ?
@ Shriram,It resembles a "iv"th wave completion.If complex, it could get choppier.
@ Nilesh Patil Me long madhye aahe fakta ek mini nifty long keli ticha stl triggered zala.neutral be alert it can be anybodys game.regards!
Nilesh - ji.. mm.. hehe that's y changed coat @ 5sma :) if at all NF brakes 5100??? huh then nice 60-70 idlis spot should break 107 Now only cooker blowing whistle :( let me see which nifty is "whistling"???
read it "see which side" nifty is whistling??? will join after cooking and eating SAPPAD :)
@shradha Saburi,Mi ilango saranchaya premarket pramane vikala aahe. sl h3 cam.
@Sujatha Sis,Pls break wl3 now for hot idalis.
@ Nilesh Patilhold it do not worry.above 5040 be long
Dear SirSince today morning whenever i refresh this page it ask for Userid/password with a message Connecting to tracking.sitemeter.comIt happened thrice today but first time ever since I visited this site.Is their any way to overcome this.Thanks
@ ilango ji,thank u. wud the higher degree "C" in play from 5195 lable gain prominence, in case 5050-5089 zone is protected EOD sir ?
@ DR sir,if long on bank nifty than waht should the s.l. / SAR..
@ shriram,Going one more cycle lower:From 5130.80 to 5117.45, a "5-wave" done as "i" of 5.If restricted at 5126, it could resume the "iii"rd of 5. (5128=80%)
Good afternoon family
@ ilango ji,u just plucked the words off my keyboard !! if so, 34EMA will hv guided well today :-)
Seeking support near 5114-15 again the 10DMAbelow it is 5110 JNSAR. and then 5093 the DLEMA
@ shriram,For the "Bearish" scenario, this week's close should give some signal...like a close below 5074.
@ shriram ,I have swam thru' almost all methods & systems and it always amazes me how they work in harmony.Hence, having one or combination of 2-3 would suffice to guide us thru' all the maze of the market.
NOBLESL is 50 points for BN
Good afternoon master and blogmates
@ ilango ji,sir, reason for hinting on Alt C down from 5195 is ...Longer period MAs on 30mins / hr TA are FLAT from 11th june (from 5125) Does that co-relate with a explanded FLAT lable as:-5125-5042-5195-5121** in play DOWN sir??
@masterwhat will be 5024-5093 channel support? thanks. i am on mobile.
@Ilango,just a query? if we are in larger "C" (which is most probably impulsive)and if this correction is 'ii' of C then how much time this 'ii' should take to be over.More generally what is the time ratio of a '2' to a '1'
@ shriram,You have a valid reason there.Week Lead indicator is above 80 mark(@ 90). If the consolidation doesn't get resolved this week with a break-out, the chances of breakdown....owing to Nifty's "own weight" increases.
guys some reading material on Europe http://www.elliottwave.com/affiliates/featured-commentary/imagine-the-worst.aspx?code=50753
"5126"-61.8% retrace of 5030.8 to 5117.45 is done.
sir we have not yet done 38% of 5195-5102. maybe this is just a wave frm 5102
Dear Ilango.. in your reply to shriram on the weekly lead indicator what time frame you are looking at ? Please let me know as i am looking at 14 period which is right in the middle..thanks
Till no valid Camarilla Entries!repost:Camarilla Key Levels Nifty FuturesH4 5167[BUY]H3 5138[SELL]L3 5081[BUY]L4 5052[SELL]Trade at your own Risk.
@ anmpatel,5042 to 5093 extended trendline support @ 5080(Approx)
Nilesh-ji - mm.. believing in my "mayan" and changed the coat. now really confused how saburi-ji calculated 5040 abve long ofcourse technically he is right but v r little far(t) away from there na??? again action may come @ noon only it seems :P pity me - running between "desk to kitchen" :(
@ Piyush Sharda,It is possible. Mid point crisis is not yet resolved. It could go either way.@ Kranti,5 period lead indicator is @ 90+. For a weekly T/F, it is good. Having 14 period along with 5 period makes you take a cautious stand on 5 period signal.
@mastersir i was asking about the small blue trend line around which consolidation going on since morning. you wrote about red which is clearly visible.thanks.
@Sis, Shradha Saburi mean to say 5140 not 5040
Afternoon Everybody...Though JNSAR triggered short, Market is not falling… Why???Following is one of the observations:On 18Th June, July NF O.I.was around 25 lac and there after since 19Th June Nifty is trading and closed above 5100…@ Present July NF O.I. is almost 1 Cr…means out of that 1Cr.O.I. 75 lac rollover is above 1 Cr. So 5100 has become very much important here for those buyers, so they will and will have to fight here to keep Nifty always up and above 5100…to save their positions…
Mr.Piyush Sharada!May i know that JNSAR is long or short now? As per +20 points theory,stoploss triggered for shorts & its long now.Deepak Jain
Anyone Knows about what is Mayan?as per I heard 1)civilization2)ancient astrological toolசுஜாதா அக்கா..........
back -->@ Ilango ji: tks sir@ mynac: thats a gr8 obsv.. but may be they pushed up NS to Short July Futurz @ higher levels ?? In that case how wud u analyse ?
Dear Shriram,@ the time of expiry this "cunning move"is always expected because then only the tech table shall get totally disturbed...:)
today nice analysis is going. keep it up Gems Of JN
Nilish - ji - sorry .. OK...so he is saying "5140" above +ve right??? in that case i too agree but feeling is "one breakdown pending" and as per my confusion "v r very far away from the month's low will the biggies allow the close @ this much high"??? let me see wat my mayan holding for me
@deepak jain,prices are moving around jnsar. in the morning sir gave a writeup on sar in comments section.pls refer to it. whatever u r long or shortremember 20 points sl.i remember sir's premarket as day is shorton rallies
guys a riddle some time passWhat can you catch but not throw?
hahaha... mynac, tats a good one ! :-)Dev. 5HrloEMA @ 5115 supporting the dips... corrective still on Time for sapad, enjoy ur meal, cu @ 14:00hrs
Dear Shriram,As well as to keep small players faith in “Up-move” it is necessary…otherwise how they can fool us? :)
Julius Sir,The best interpreter of Mayan is Sujatha Sis who has cropped up with mayan otherwise u r right its an ancient civilization which even said 2012 Dec is end of the world☺
@ Julius,Sujatha Akka never replies queries about Mayan.Few days ago she never replied my queries on mayan, i reposted and reposted and gave up. May be she will reply to u in mail but not in blog, so that she can keep her secrets, and eat all out SlGRRRRRR
Catch the bus.buggie advani said... guys a riddle some time pass What can you catch but not throw?
will nifty repeat its 21st june performance today also??last 1 hr near 60 pts up
@sujathaBN holding it...u must have seen it...anyways... yes down levels waiting, but expiry jitters are keeping me to trade lower qty...and TGTs too...
Nifty has closed "Each hour since this morning above Day JNSAR-5110"...........That is strength.
Dear buggie advani,Pl.Hold your breath for correct answer... :) Nice riddle..thanks.
the answer is A Cold
Dear Sir,Thanks for your observation... very true. But at the same time the SL for the shorts is also not being taken out...So much to learn from the markets... I'm loving it.
Dear Shriram,Will it go towards DHEMA for that cunning wish ?
Thank you Ilango Sir
implied volatility goes down sharply in last 45 min
According to Mayan calender 2012 is end of world. ஒருவேளை அம்மா என்று குறிப்பிடும்
great timely warning sir
OM SAI RAM!OM SAI RAM!OM SAI RAM!OM SAI RAM!
MasterCan we exit from short
To Amol Sharma,what is significance of implied volatility?
Dear Ilango Sir & Blogmates,OI Update at 1:00 PMThanks & Regards
@Mr.Shradha Saburi,SAI RAM sir.
Advance:Decline RatioNifty 5033:17Mifty Midcap 5031:17:2Seems like upmove undercurrent has started .Lets see if the under current turns in to waves.
JNSAR positional long triggered at 11.30 itself at sl 5130 as per JNSAR 20 points SL system for first two days. This observation is for this system only.
5131 isn't this 80% retracement of 5130 to 5117???
Heavy call writing has happened in next month's 5100 call option within last 2 hours, this does suggest to me as markets likely to fall further if not broken out on upside as expressed by master in his view. Option geeks, can u confirm on this?
MasterCan we go long???
:-( Out of position Premium has increased from yesterday , that made my SL trigger at 5135 NF.
open interest also bullish
I meant not broken out on upside... by next week
Yesterday @ 3pm half hourly was the highest volume candle with 39 lk nifty being traded @ average of 5131.60. this is really resisting any upmove.Biggies who had sold yesterday will not like nifty futures to sustain above this level.Regards
india vix cracking
@IlangoPardon for digressing during trading hours...but when u do get some time, would it be possible foryou to let me know the JNSAR for Jubilant Foodworks?Many thanks......
@ Prithvi ,Sourav Kundu 's observation sums up the current scenario:But at the same time the SL for the shorts is also not being taken out...
Ganesha next week is too far even for a positional trader. All I know is that JNSAR is now long with sl at 5090 for now. Let us see what hpns :):)
Sir - me too watching the hr closing till 10 am even that's protecting 50% of weekly fibo too but had doubt that "this time it's cheating" ?? (overly thinking as usual) hence reversed my position from 5 sma still not convinced. check ur student's brightness - :D 1) STB - saying 11.30 it's trigger2) ME - i done ulta position :( at that time2.30-45 bear may show it's colour whether it's chasing bulls or bulls chasing bears or only the grinding market?? :P would like to hear a "thud thud sound" first Saburi ji - Om sairam
Sir , If SL is not taken out then What should have been a resonable SL for ?Thanks n Rgds
jnsar is 5116 in master charts. so SL will be 5136. so reverse at 5142 nf. still holding short as master said in morning.
சுஜாதா நீ பெரிய ஆள். உங்கள் கணினியில் நன்றாக இருக்கிறது. இல்லை ஒப்பீடு.
ampatel todays DJNSAR is 5110 tomorrows DJNSAR is 5117. Depends on what u r utilizing stick to the same. I use todays DJNSAR for today.
looks like some cheating.Days high looks to be done @ 5133.Retracing after high volume trades above 5130NF.
Price never cheats. Price always rewards. We cheat ourselves :):)
My prayer to Saitoday all should win!!!
Ilango Sir,Both the red alternative and green alternative suggest a down move below 5100 correct?
5137 is 38.3% and Pivot.... let it reach there and then wait for sell on rises...
STB - இருக்கிறது. இல்லை ஒப்பீடு. ?? :P இந்த குழப்பு குழப்பறீங்க,, வருரும்ம்ம்ம் ஆனா வராது ரேஞசுக்கு கடவுளே மாயா காப்பாற்றுமப்பா 139 is H3 of CAM let me see Shriram - Looks like i have to eat my OWN SL today??? huh..cursed me?? :(
jnsar 5116+20=5136i can make my buy order @5138
@ Smita,5124-44 resistance coincides with 34 Hr(5129) & 21 Hr sma(5141), the short term triggers.
Ohhh , thank you sir , missed it again.
Moreover, the intra day upmove from 5102 is looking like an rising edge.. with a 3-3-3-3-3 wave structure, overlapping waves.. but i feel there is one more upwave to complete the 'e'or 5th wave...
Resisted at 200 min Ema.
recent 5194 to 5102 - gartley bearish showing - 5137/48/58/74 respectively 38/50/61/78 % ages my mayan may give "false breakout too" :) let me seeEOD close below 5174 is -ve 5107 below is more -- ve according to me. another reason for 5133 is???? time pass...find it
NF resisting at 34MA in 15 min.above 5141 NF it can go up to 5159 and above 5159 new highs can be seen.http://oi47.tinypic.com/a1mizb.jpg
back -->34EMA is resisting the rise@ Ashish: we may doing the 2nd ABC of a DZZ from ysday's low of 5105.65Take a look :-)
@ chetas,Both labels have downside possibilities but the quantum differs.One needs to manage the trades with small SL during such a corrective scenario.
Dear SJKOLKATAThis is not cheating This is algo trading
To master,tata steel july future is at 392june fut 408tata steel spot 407.60
@Sujatha Sister,I agree with your Mayan Predictions. 5158 may be a strong. I still email@example.com@firstname.lastname@example.orgTomorrow. I may be wrong.
Thank you Sir.
New Post Done.
@ SushilGood observation.Now check the price of futures for tisco on thursday both june and july.