whats happening.....longer term T/F is long and this hrly time frame is making thud.......
Sir you said"Trend asserts itself when it matters most which is - at the close period of month/ week/ day & Hour, etc"so today being last day of this week......so by this logic nifty is most likely to close at high today.
Nifty reached the midpoint of "Pre-market support @ 4985-5005".
J10.SAR is 4952,,,can I keep my long(partial-1 lot) till that or should I dare intiate one more lot with SAR(i,e LONG).....
@mynacOI decreasing with price decreasing....some body booking profin on long? pl. confirm. thanks.
Ilango said...Nifty reached the midpoint of "Pre-market support @ 4985-5005".Sir .Please help me to understand it.
52+34 today and next trd day 100, kitna acha hota.
Aham Patiecenam Falitam at 200 DMA .. Naman Naman :)
@mynaca/c to my cal 1,35,000 OI booked.....or covered. help please. whats happening in OI. thanks.
@ shivanGupta,Weekly trend is down.Today is the day for weekly close.However, there is a huge rally from the Monday's low of 4770 - "an attempt at a reversal from the oversold week"."4945" is the weekly ema.From a low of 4770, it went upto 5060 & attempting to stay above 4945.Daily trend is up with day ema @ 4962.A close above 4962 is the min. needed.A close above 5004 would be strength; if not neutral between 4962 & 5004.
@ Vipul Rastogi,Read the "2. Aggressive Trade" Levels.Strength above 5039(Day Pivot)for 5065(200sma)Weakness below 5039(Day pivot) for 4985-5005.(Last pivot low-4984 & 34 DEma)
Dear all.niofty future made a head and soulder pattern in 5 and 15 min. chart breakdown point was 4982. target 4927. please cheak it.
Dear anmpatel,After almost 300 points run, profit booking is very but-natural..so it looks just profit booking. @this moment,worried part for today is 5000 PE writing..when Hrly indicators are not that much supporting or suggesting immediate up move from here when it has broken 5000 on the down side,still more than 5 lac writing evidence is there @ 5000 PE,so let us see..how Bulls & bears are going to handle it...
sir i am confused....... for last two days nifty is closing above weekly 5ema so isnt weekly trend up?
@mynacPUT writing is taken as a bullish view isnt it? thanks.
Now nift took resistence at yes-low 5007
DR sirPT se ball le le?
@ shivanGupta ,Most Basic:For Day trend: Daily close alone matters; not the intraday movement.Similarly for week trend - weekly close(Last day of the week)And for month: Last day of the month.However, one needs to manage the volatility using "one time frame lower".
can any body suggest good RT data provider for amibroker
sir please explain this line .....However, one needs to manage the volatility using "one time frame lower".
cooldentbacchey ko dil behlaney do after 2:30 will see
Dear moumita!H&S pattern nowadays has most higher rate of failure, so its best to align with other indicators too. Now Hourly is not overbought & daily-weekly in buy mode so bulls can move up easily next week.Dear PT!Aasaan nahi hai dagar panghat ki, after this correction Bulls may charge again in last hour or on monday. I booked part shorts & will book remaining above last hour's high at 5025.85:)
@ Illango sir,why is 5004 so important.can u help sir.
DR Sir,bnf shorted morning what level to buy?
@DR Sir @CooldentLOLAM ! ! :D
@ V senthil kumarits a day HEMA. for upward momentum it should be closed above DHEMA and its 5004. see TT.
Dear anmpatel,"PUT writing is taken as a bullish view isnt it?"Or smart layers who are going to off load have bought it ? ??because if this type of writing,buying have,any short term technical support,then only it is more useful is one observation.@ present if it is bullish indication,then there it must reflect in price..let us see..
@ V Senthil Kumar,5004-Day High ema.A close above it keeps the upward momentum intact for new uptrend highs.A close below it puts it back in a "trading mode".
@ dayakar,Please have look at http://www.globaldatafeeds.in/Its NSE authorised data provider.
Camarilla Intraday - Trade1 - STATUSNifty FuturesSHORT@4998Part Book reached 4978(20-30pts)Trail Hit@4990 (TL)Average=(4978+4990)/2=4984Trade#1 - Closed.
@anmpatel sir,HEMA & DHEMA expand..... plz
@mynacthanks till now i understand writing means selling!!!
@Kumar Sir,Ameeen :)
Dear DKG!It looks that its authorise virus provider also, whenever i use it...my anti virus alerts me:)
@DKGThank you sir.
Dr kumar, bache ka bhi khayal rakha karopls break todays low and close near it
@ SenthilHEMA- high exponential moving averageD means Day, H means hour, W means week et.dont call me sir buddyme still student .........of masters...and one and only master ILANGO JI.
All Global indices in red more than 1%. There is chance to make a new low.
पीटी मेरी गेंद वापस करो नहीं तो मैडम को शिकायत लगा दूंगा मैडम मैडम पीटी मेरी गेंद वापस नहीं दे रहा
@ Dr. Kumar,But I have not face any problem Sir.
Dear Pam!I am still mildly short so i need new low but my system alarming me about so i will change my coat if it crosses 5025.85 now:)
Dear Llango SirThank you for the explanation.
@ DR. Kumar,Which antivirus you are using sir? Mine is QuickHeal Total Sec.
Kumar Sirif it crosses 5025.85 now:)its 5032
crossed 5025.85 so booked shorts & started long again:)
Sit tight everything all right.
Ilango Sir,Is 4th over and 5th is on??
Clap Clap ClaptoshivanGuptashivanGupta said...Sir you said"Trend asserts itself when it matters most which is - at the close period of month/ week/ day & Hour, etc"You only brought umbrella (Faith story)
@ PT,Dikha DR Sir ki kick ka kamaal...
Hi all - thanks for not allowing nifty - not upar aur niche :) good friendship Hello Mr. Index - u go wherever u want 5K to 50 but close below .........this is between u and me OK.. "deal" or "no deal"???
Wow , lagta hai maal mazboot hatho mai hai....kya recover kya hai....maddu ki ummeed per pani pher diya...
dr if closing below 5026 then what??☺☺
DKGball meine pass kiya aur sabashi sir DR sir ko?bilkul nainsaafi :(
J.R.Julius, long now ?
wow!! what was that ....change the game ..
Camarilla Intraday - Trade2Nifty FuturesL3 5014[BUY]with 20pts SL*Consider Market Close 43mins remaining!
@ Cooldent,Sorry buddy.Because...Big Bull is DR Sir,& BIG Bear is PT Bhai.
Dear Pam!So many IF & BUT always in trading but correction looks over now so changed coat & came again in D R camp very fast:)
@DR Sir @DKG Gend ko kubuk karo :)
@Abhi,From 5014 long as scalp - 15 to 20pts exit is goodas time is going. One who can afford 20pts SL canenter.
@ Cooldent,One more kick please..."Yeh dil mange more"
@ Hemant Harke,It seems so. ivth or "a" of 2nd wave is not known now.
Ye Kya hua Kaise HuaKyoun HuaKab HuaHo Chooodo Ye na Sochohm hm hm Ye Kya Hua :(
Dr kumar, u r rightu have to change coat fast in trading
opening open - high was same...now broken....power of bulls... thanks GOD. for giving patience in bad times.
@DR SirI email you, please check
Spot today didn't cross 5054.65
Divakaryou mailed me todaybut I replied you yesterdayonce again forwarded, plz check
new high after 3.15pm
@ master now below what level weekness seems to be?
Dr sir, what about my mail sent 2u yesterday.
Sir, since the 'ii'nd was a simple correction the ivth was a complex correction?
Weekly close > 5020 makes Weekly Bar Reversal.H.C. at 3.PM > 5039 makes 3 Hour Swing H 5039 Swing Low 4996 as per tech table only.Trailing SLO changes every hour.See tech table.Activate part booking Qty.in direction of JNSAR.Activate and keeps trading in direction with entry-exit with SLO.
@ SANPOT,The "ivth" is a triangle kind -"abcde".
N.F. discount reduced.
ravi that I reply on weekend
@ NOBLE,Today's Low.
Thank you Sir.
D R Ji!I also sent a mail today but u did not reply, kindly reply if you can.
Camarilla Intraday - Trade2 - STATUSNifty FuturesLONG@5014 - 35+pts Reached from entry.Part Booking/Full booking, Personal DecisionAdvised.
@ Cooldent,Thanks buddy for gr888 kick !!
Mster ilango,u are simply outstanding,tussi Great ho sirji☺☺
Disco lights...on please!
40+ Points!Where are you bull?
Isn't the "Following" wonderful than "Predicting".Would it close above WHEma....that would be "mega bullish".
Sir, a massive, vertical, steep 3rd of the vth?
Kumar Sir, Cooldent, http://www.youtube.com/watch?v=QZatOY1AKWc
DR sircongratesBN in 5 fin now......
i think WJNSAR will also trigger...
Ilango sir u r really great and ur chart and table really its awesome got 225 point in bn just squrf offvery very thanks sir
Three days back somebody asked me When will BN be 5 digitswho asked?
Was that counting 1,2,3,4,5 difficult...??Jay ho...Ralph.N.Elliott.Thank you.
BN 10K.....Fireworks !!
(only patience is ur fruit) u teach me sir that how to keep patience.
Thank you thank you
Don't thank me.Pat yourself, if you have done well.Teaching is quite simple.Trading - taking a position, holding it patiently and exiting is the "toughest part".
Trade#2 50+ptsToday 1 could have earned minimum of Trade#1 = 14(Part+TSL avg)Trade#2 = 15-30(as scalp)Overall Minimum of 35 to 40pts Possible.I enjoyed the day with Market & Friends.Thanks for the wonderful day. See you tomorrow.
master if closes above 5065 Whemaright
Ilango ji, now where should i look to enter long position ?Also is this the strt of 5th wave ?
LLANGOwhich place i booked my profit...
Dear Pam!Vision & fast action both needed in trading, Master alerted us on right time. Now you must be understanding importance of last hour high 5025.85. After crossing that it did not look back, enjoying my longs now:)Closing avg running 5054 as of now but Nifty running above 200 DMA....D R ji....good song...pum pum pum:)
@ Waquar,It could be the "v" of 1.(Green)OR "i" of 3.(Red)@ Swami,5085-5090-50sma.5090-
thanks, u done gr8 Job LLANGO
@masteryes you are true....but without your guidance and inspirational stories it would not work.thanks master.
The other day when Dada said on TV condition is worst than 2007-8I knew he has withdrawn some money from swiss & will put in stock market
BN is knocking at the resistances zone...10030-60.Nifty too at channel resistances and closer to 50sma.BUT no weakness.Any pull back on Monday should find 5040 as supports.
WEEK JNSAR HIT......but closing avg is still 5055.55
Closing Avg as of now is 5057.82
Wave 5 = Wave 1
My Dear Sir Ilangoit is not difficult to count 1 2 3 4 5only sometimes it is quite confusingif so happens i shall stay outthanks Master
patience, having tgt, acheiving tgt gr8 things.
Sir, we have to pat the Guru who has made the teaching simple.
What a Happy blog no body struck in shortsall enjoying it seems
@Ilango,Master I guess the reason we thank you is -we do well> because you taught, we experimented/learned/improvised....and most important formed a belief "it can be done"only then are on stage to patting our backs.Teaching is quite simple >>> the only teacher who have ever said that, whom i encountered in my life , were the ones who made subject easy to understand and made learning fun...needless to say those are the best teachers about "Trading - taking a position, holding it patiently and exiting is the "toughest part". " you answered it yourself for us " Isn't the "Following" wonderful than "Predicting"It is Sir, if it wouldn't prediction experts "analysts" would have been billionaires not traders.Can't thank you enough for turning us into "trend following Turtles (read - turtle traders)"regardsdiscipline
SANPOTnot "pat" its should be pranaam
DR Sir,PT & Sujatha are missing...
closing will be 5064.5 around
no no Ilango sir we all should thank u. bacoz u provide us all data (charts. table with everything) and always u indicate us about going down/up now it is upto us what we do.
Chalo bhai Log,wish u all Happy Weekend and Fresh Monsoon showers :) :) Kaynat mein Jaan A Gayi hain :)
Nifty Future discount turning into premium
The last rise..the vertical kind is generally associated with "v"th waves.Profit booking is advisable.Next supply zone is around 5090-5125.
Illango sir - Great example of perfect 12345 & once again thanks for your guidance.DR sir - BN 5 digits and holding. Gr8 call.
5065 now. hold longs...........
The current high of 5082 exactly meets the trendline joining from 5629, 5499, 5342 and 5279
as of now 5065.32 is avg closing price in yahoo charts. thanks.
5068.04 final figure in yahoo.
Have a nice weekend to all of you, enjoy & take care:)
Get drenched in the rains everybody this weekend :):)But dont drink and drive!!!Trend is always friend, everything else is puredistraction :):)
dayakarji,You can try http://stocklivedata.com/I am useing snce 1 year never needed any help for support.Excellent service fast and accuarate.Ask for 10% discount after enquiry.
Stunning performance from Nifty...
DRYes DR , No noise from Blog , I think NO one in Short Side......
WOW,MARKET IS NOW IN SUPER BULLISH MODEENJOY HAPPY WEEKEND
Thank you friends.Great end to the week.Have a great weekendBye.
Yes DR Sir, I agree. My Pranam to Ilango Sir.
Apologies if my below comment irks anyone, but would not stop to write that...since morning, i was closely reading all of the comments especially sir's and mynac's besides watching market very closely......belive me, market gave this indication by showing firmness and huge writing of 5000 PE inspite of global 'redness' coupled with 5000-120 CE price firmness...hope some of you kept track of the same.
Dear Ilango sir,seniors and friends,Thank you all.
Dear Ilangoji,EE done.rgds~Ajith
also, 30min D stood up from the below, 1-1.15 pm positive orb breakout, 30min 34 ema providing a solid support.....these are few imp factors giving indication.
and in mynac's language....hour 35 D rather than directing itself 'south' posed up since morning(with its signalline) towards 'south-east'.....i was watching all these factors..
Sir said-any pull back on Monday should find support at 5040, where we can enter longs again. Sir hats off to you for giving this important guide line 2 days in advance.Thank you once again.E.E. done.
@masteras i feed today high and close in week data in TA the WHEMA changed from 5064 to 5072....is it normal or i made mischief with TT?
DR Sir,It was me, who asked when BNF will be 10K.Sorry for late reply. was not on blog due to personal commitments.
Dear sri,That good 5 lac plus writing @ 5000 PE saved me,because generally when Hr.HST turns down,it generally travels 7 to 8 hrs.in that direction i.e Nifty used to show new low after every hr.or two but today,that 5000 PE kept me on the ground & so only could gain at least something :) Happy weekend...:)It is observed that when Nifty is hrly over bought,but trading above DHEMA then it used to come up to DHEMA & then try to break it,but when the momentum or trend is against this very short term trade then the trader must keep himself alert,otherwise what can happen...we just witnessed it...
Mr discipline focus.........sir's mission statement itself is legendary....longtime back he wrote a story 'that he is on a mission to build other's homes while resurrecting his own'......(humble apologies sir if am in anyway not correct in depicting you....)but, i felt very deep substance in that story and Ilango sir's work ! The rest is history as you all know !!
yes mynac...very true...and you too have a good weekend....btw, very signifant addition of 5200 CE saying mild runup on the cards with sir giving a chk at 5040...chk that and comment on that plz.
Dear sri,If I am opportunistic seller @ this time then also I would not like to log on my trading A/C on Monday up to 12-1.00PM :)& if I am a patient Bear then would wait for Nifty to give a close atleast below DHEMA...Due to lighter NF O.I.data and present momentum Bulls are in a position to take Nifty where they want,until they are keeping it above DHEMA so ....though it looks overbought now on Daily & Hrly bais,it may remain or you may say have right to remain overbought for some more time from here onwards.TT file will guide us...
i agree...thanks mynac.
good bye Ilango sir i m going to ajmer (Rajasthan) but i m carrying my notes to study on weekend.have a nice weekend to all blog frnds.