hrly indicator, 9hrRSi overbough....require some cooling.......
D R Ji, aapki sewa me.....Santa: I Need Poison!!Chemist: I can't sell you, until you have prescription...Santa showed his 'Weddinq Card'...'''Chemist: Bas kar pagle, rulayega kya...Badi Bottle doon ya Choti ??
Kumar Sir Lolzzzzzzzzzzzzzzz
ROFL :DKumar sir
NF intra Deleted by 3lac O.I... intra profit booking
Intra 19 lac O.I.addition @ 5200PE,giving more confidence in this up move.
Dinesh ji,Look out Dr kumar is fast furious.He came firstsorry i was out for sometime☺☺
@MynacThanks for your OI -- but the first day of seriesand so much addition cant it be a manipulative move
How do you sit through....Yunhi kat jaega safar saath chalne se.http://www.youtube.com/watch?v=2Zaewr8ce7k&feature=fvst
Dear Pam!D R ji was in hurry so i posted, it was your last evening courtesy:)
Master is also having a blast today and in full mood.Regards☺
DR ji,YES YOU ARE CORRECT .Being students of the MASTER,boarded the train relatively early.thank you for emphasing following the trend.bye.
This not fair, Europe is almost 2% up at opening... We opened only just with 1% up.
Dr kumar,sab aap ke liye hai sarkar.aakhir aap doctor ho chemist ke liye prescription to aap hi doge
Dear PT,from that addition it looks Bulls want to play between 5310-5460 for next month,or atleast it would be their target area...nevertheless they will have to look after & will have to take care of W5D,D14D and Hrly TT file..Let us see.P.S.the heartening part here for sellers is VOLUME...which has taken place here for this series..
Nifty Hour and Month chart. Month chart updated with 5 Month High EMA and Resistance line: CLICK HERE
Dear San,Thanks for your chart illustration..
Is FB down today cant access it
@DR sir..........its working fine
Weekly trend turned up @ 5068 close on 8th June.Nifty dipped only upto 5012 and has generated a 200 points gain sofar.Monthly trend is turning up today with a close above 5119. Keep approx. 120 points for intra month dips from today's close for monthly trend gains.Month's fast macd is poised to move into +ve zone in July.The above is the larger picture involving EW's "C" wave upmove. However, one should manage their positions for "intraday", "Intraweek" & "intramonth"'s volatility.5280,5342, 5379 & 5499 are the peaks from where Nifty got sold off during its journey down from 5630 to 4770.And they are the peaks need to be scaled to gather strength & momentum. If at any point in time, it finds difficult to break thru' one of those peaks and break down below the "rising supports"(presently 5174-85 & we'll update them), we should accept the change in reality.
Dear ILango Sir!Once you marked 5630 as A then its retrace as B, can we take the move from 4770 as big C in higher TF. If so, then what should be the reasonable targets sir?
@DR sir,It is working. no problem.
@ Kumar Technicals ,The "B" retraced almost 80%(4751) of the 4531 to 5630 move which indicates underlying weakness.Hence, we trail this upmove with caution.For target calculations, use the price patterns in lower T/F.Eg: 4770 to 5190 as "a";5190 to 5042(5096) as "b";hence, "c" could be:0.618 of "a"=5096+(420x0.618)260=5356.1.0 time of "a"=5096+420=5516.There is another immediate scenario posted in the chart:Consolidation depth as 140 points.Break-out point @ 5190(today)Target= B.out point+ depth of consolidation5190+140=5330. I generally do not wish to calculate targets as it takes away from our mind the "developing market internals" while fixing our mind on one idea.Targets combined with technical staus may be used for "Part booking" as well as "Full booking".
Dear Ilango Sir & Blogmates,OI Update at 1:00 PMThanks & Regards
Dear Ilango sir!Hats off to you sir & thanks for such detailed reply of my query. As i understand correctly with my limited capability that Month TA turning up, also the close may be above month JNSAR today after quite some time, so unbelieveable targets can come? Am i right that insight is super bullish and positionally its buy on dips market to be trailed?
preparing for 5280 ?
@ mynac,That is the 1st peak to be scaled..Resting may commence between the first two peaks: 5280 & 5342 wherein lies our min target point.
sir can you give EW count from 5126
todays lunchPunjabi curry pakoda with ricehttp://farm2.static.flickr.com/1126/776465568_5b2a199b45_o.jpg
@kumarjithis can be wrong still4770-5189 wave 1=4195189-5094 wave 25094 - min 1.62 wave 1 5772, 679 pointswave 4 50% retrace wave 2 23% 5432wave 5 5432+419=5891
Thanks Dear Ilango,Market has always knack of surprising everyone...Till 1.30PM today,without even Hrly.running correction the way it is holding near& above Hrly pivot,is remarkable.The initial volume trade @ 5225,more than 3.50 CR.is significant today.. After so many days later there is,that kind of big green candle appeared on the screen.
@DR sir,My lunch today Roti and Onions hahahahahahaAap ka weekend mast jayega ab :) Bulls all the way:)
Yesterday i asked DR sir whether he wants water with his Scotch, he said, "I'm thirsty, not dirty"
@DRplease send link for banknifty hourly data.thanks.
POWERTRADEYes weekend celebration after long timecome join man Thuderbolt or Golden eaglehttp://blog.gettyimages.com/wp-content/uploads/2008/11/66-beer.jpg
sir is this count correct in 5min time frame1 5126-51592 5159-51343 5134-52644 5264-52495 5249-5282(?)
anmpatelYour tools should be sharpget TT of Sharekhantill than stop trading Mkts are forever
nice lines, want to share:" if U wait for Happy Moments, U will wait forever......But if U start believing that U are Happy, U'll be Happy forever....!"
@DRcan u send the link or i have to subscribe?thanks.
aah, back atlast!Good afternoon to everyone,CMP trading 70 pts > 5DHiEMA...(actually trading > 1Std Dev from 70 pts, so almost 95% probability that TODAYS top is made!Tgts for this move C=A = 5350 / 5400 cheers!
master,your clear thinking is evident inspite of EUPHORIA .yet to learn that OBJECTIVE NATURE .THANK YOU.
Week R2 @ 5274
anmpatel jiTrade Tiger is charting softwareof SharekhanYou have to open an account to get softwareSoftware is free
@ shivanGupta,It is better not to label such break-out price structure's sub-waves immediately.Using the same US futures, some profit booking will be induced.
Deay Piyush!Thanx for ur counts...
New Post Done.