Nifty resisted @ 5124-5144(5134);
Retracement for 5195 to 5096 comes @ 5146-57 & 80% @ 5175.
If the 5195-5096 fall is "a" wave, then a retracing upmove is on.
And if the 5 down has completed the correction, a reversal is possible.
"5175" holds the key.
Depending on opening sentiment, use filter for JNSAR.
Retracement for 5195 to 5096 comes @ 5146-57 & 80% @ 5175.
If the 5195-5096 fall is "a" wave, then a retracing upmove is on.
And if the 5 down has completed the correction, a reversal is possible.
"5175" holds the key.
Depending on opening sentiment, use filter for JNSAR.
43 comments:
Good Morning Ilango Sir and Friends
TATA Steel Chart analysis: CLICK HERE
Good Morning Master & Friends
Good morning ilango sir & all blogmates
Rgds
Saravanan
Namaste Ilango Sir and JN Family
Good Morning Sir and JNfamily !
Sir your premarket view matches with my EW HW .
Analysis is done for now, its the execution or "Acting part" I want to learn now.
Good Morning Masters & Blog-mates, Have a Prosperous Day.
Camarilla Key Levels
Nifty Futures
H4 5152
H3 5139
L3 5112
L4 5099
Good morning sir and dear blogmates..
Have a great and fruitful day!!
Good Morning Ilango sir and friends.
Happy Trading Wednesday to you all.
Good luck
Namaste Ilango Sir And All.
Namaste beloved Master and all friends
Soulful prayer for PATIENCE to the feet of the Lord!
have a nice day
gm 2 all thanks julius sir for fibo ,regards 2 master
Dear Master
Kindly tell us how do you adjust JNSAR on expiary
there is a difference of about 20 pts between June and July NF
sorry for pestering
Good Morning Master and copy to all
R/Ilango sir good morning n same 2 all reder's.
@ Parimal ,
During the last 2 days of settlement,
use any corrective down to roll over to next series when Long;
and use any corrective upmove to roll over to next series, if short.
I'm sure there will be some "corrective price action(3 wave dn or 3 wave up)" during the last 2 days.
Good Morning Sir, and all the gems of JN
wish you all profitable trade!
regards! see you later!
Namaste Ilango Sir and fellow bloggers
LV
Good Morning Ilango sir and blog mates.
good morning sir and all blogmates
Thank you Master
Master ilango and friends,
Regards and good Morning to all
☺☺
Good Morning Family
@Mr.Sandeep,
Good Morning Have a Nice day
Nifty resisted @ 5134, and took support again @ 5090-5095 zone yesterday. Above 5136, Bulls try to test resistances 5166-5208 & crossing the same will resolve this range (5090-5190). Bears attacks strongly below 5090 only.
Supports & Resistances for today:-
5136-5166 – Resistance area.
5090-5115 – Support area.
Current Trend: - UP (Range-Bound)
Possible Movements:-
1. 5115 < = >5136< = > 5166< = > 5187< = >5217
2. 5115 < = >5136< = > 5166< = >5095 < = > 5024< = > 4998
Two best rules for successful trading:-
1. Initiate position in the direction of trend near support & resistances.
2. Max stop loss - 30 points.
Happy disciplined trading to all.
Have a nice day!
Parminder Ji SSA
is it raining?
Kukkad shukkad chulley chadawo
http://www.youtube.com/watch?v=PsG_E3wanSw
Dinesh Ji ,
SSA nahin sir ji no rain only hot
master said:
Retracement for 5195 to 5096 comes @ 5146-57
resisted at 5157
CAM ranges are too tight today
sir have 5 waves finished from 5095
Dineshji ,
For some special ppls.
http://www.youtube.com/watch?v=lkUYQJlYL-g
regards
☺
Friends tomorrow
is expiry and lets have a contest here.
June Nifty Expiry Guessing Contest.
The rules are simple- There are only 3.
a) Just call out the series close for june
b) No wild guess. A reason is must. Everyboday must give a expected close figure and reason for that.
no range (4000-4050) ,only one figure e.g.4000
c) You need to do it tomorrow After 9.15 and before tomorrow 2.30.
Seniors plz contribute.
Sir,
My Comments in spam
@ smitha: pls say this way" Sir my pm view matches with yours " & not otherwise.
sorry to butt in..
Good Morning.....................
As markets r not moving up and taking more time to retrace to its value from where last fall started, we r going positional short here at 5150 NF with SL of 5180 NF on hourly closing basis for a target of 5050 in 1-2 days.
Sir "Sir my pm view matches with yours" and I am really glad for that :)
@eevra , they say beauty lies in the eyes of beholder , you interprete it the way you look at it :-D
good morning master n all jn family.
market o/h/l--5149.45,,5159.05--n 5148.60.
so how come 5100ce h/low--52 n 68
5100pe--47to 59 ?
the inference is that is the price range they allow for today.so who ever play ORB need to play price break out than nifty breakout.bye.
nifty futures in discount of 4 points.
good morning,seniors..
Morning everyone!
Am leaning towards ysdays 5fifer from 4770 count , with 5th sub-frac in play as an ED.
e= 61.8% x5.c falls @ 5191 ruffly & if 5190-5206 zone RESISTS, then there is a high chance the Impulse is DONE & significant DOWNSIDE will open up Tomo & in July
Eyes on 5190-5206 :-)
Have a gr8 trading day!!
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