test passed :D
Namaste Ilango Sir & Blogmates, Bullish : Bulls made it clear that they have truly sealed the game, but Bears may have other ideas, be cautious at higher levels...; Option Analysis for 21-06-2012Dedicated Option Open Interest BlogDuplicated at Wordpress SiteThanks & Regards,Sanjay Kr Jaiswal
DR sir,need ur help in sheru's charts....the right margin is crouched into the price axis...only 1 or 2 cm gap.....that is posing prob for me when am drawing trendlines....how to have some gap on the right side retaining the same period on the date axis (i mean, i do not want zoom in option)advance thanks
sriclick on chartpress shift+D :D
thanks for that electric reply...but when i do that the entire price axis is shifting but not chart area....i hope you are getting my prob....i need some space(empty) on the right side after today's bar till the price axis.
for eg, in the above charts sir had space to write sup/res numbers...theres atleast half an inch of space from the last bar to the price axix....but in sheru charts, the last bar(today's) is crouched almost into price axis with only 1 or 2 cm gap. hope am clear now.
Reflection on today's trade:Why did the SL pop ??This how i was analysing:Hrly close 5hrEMA 10hrEMA21/06/2012 10:00:00 5116 511221/06/2012 11:00:00 5112 511121/06/2012 12:00:00 5110 511021/06/2012 13:00:00 5109 510921/06/2012 14:00:00 5107 510921/06/2012 15:00:00 5124 51175hrEMA turned down @ 11:00AM (same time as price closed <34EMA,30mins)Also, i was calculating a b.2 wave as slow developing 3 wave to 5075We got to 5094 and yet I did not book the profit , y ?Ans:: Well 34EMA & 5-10hrEMA bear x-overs are my guide & they were bearish @ 14:00hrsSo where is the mistake ?Ans: 1. Generally when price starts TRENDING it moves immediately away from 34EMA,30mins 2.Also, the 5EMA also moves AWAY from the 10EMA in the DIRECTION OF TREND3. Price quickly breaches either 5LoEMA for Shorts or 5HiEMA for LONGS4. @ Higher Degree Day TA, 5DEMA was always TRENDING UPThis did not HAPPEN from 12:00 - 14:00 hrs and was the BIGGEST HINT OF A POSSIBLE REVERSAL (which we got @ 14:00hrs)!!VERY BIG LEARNING..... THIS LI'L PRAGMATIC EMA ANALYSIS WUD HAVE TOLD ME STAY AWAY FROM THE EW OPTION BUT WE ARE ALWAYS WISER ON HIND-SIGHT ARENT WE :-)
sriuse MS paint softwareafter taking chart from sheruHope to see a nice chart tom from u :D
Sir when u r not in market the so called wizard or there is no monitor people make a DABA Punjab style of blog Pl have some control in morning everybody compliment u for noble thought when it comes on to them it is only fun . This is not for Julius mynac jaiswal Kumar sir. Pl have some respect to all. I know i wll hurt many but many will compilement Me I know that it is forest and siurival of fitest as some say so called great
Shriram - May God bless more -ve on DOW UNCLE to enable me to get my "mayan". I hv ordered "a seat belt" for safe side. I almost fell from the chair while reading your comment somehow managed :) Thanks a ton for your write up. NOthing gng into my mind but 2 things r clear "if failure comes it's better v hv 2 analyse nd fine tune our method" and "discipline". Bless my "mini idli" . thanks n advance
sandeepagreed no more lose talk hereI will prefer a nap and some intraday tradinghappy Now :D
& sandeepplz pin poin if anybody else is making fun here
Sandeep - yesterday also u posted something but sir didn't reply i think. Again "confusion" it's better "reveal" the name with "problems" or else send "personal mail" to sir to put the "person right" or let him ban also if he feels he/she wrong. hope u don't mind. Totally i don't understand anything from ur post since 2 days.regds
Dear Shriram,Saved "So where is the mistake ?" Really VERY BIG LEARNING.....Now over to market... No doubt...In the first half Tomorrow,Bulls are likely to dictate or would like to dictate market .Nevertheless considering tomorrow as weekly close, Week 5D and D 14D,Hrly 21 & 34 D must be observed because considering today's close well below 5200,more than 11.50lac addition @ 5200 PE is disheartening..when 5 longs days are left for expiry...Still there is no evidence of NF rollover there and Nifty has completed 400 points run from 4770 and trading @ it's higher end...So if,Bulls really want to keep this pace for next month then,willing or unwillingly they will have to come much forward for rollover & for continuous buying from here onwards.So will they come??? Probably,You may decide it yourself...would be the appropriate answer.Let us see...
DR-ji - v crossed :) Goodnight for me and bad day for "DOW"????
SisJNSAR will give us chance to exit Uncles close is still farand tom's fut matters not the closeBy God gud Night& a closing songhttp://www.youtube.com/watch?v=5R5z6bmDLBQ
Thanks Shriram ji for your write up , it adds to my learning . Thanks again .
Shriram,Thanks for the answer for ur trading may be we can also learn a bit from ur trading system as well.thanks☺
Dear Shriram Ji!Learning process never ends:)Dear Sandeep!A successful movie is always a combination of good plot, humour, music, comedy etc. etc. so take it lightly & enjoy in this learning-earning temple. Vulgurity must not be allowed & i dont think that anybody is attempting that.
Hi Sujatha,Impressed that ur SL didn't hit today. Pls. share ur SL and the logic behind it.Thanks
Dear Gita!You started blogging this month only as ur blog joining indicating. I am surfing here since 2008-09 but i could not understand Sujatha's target, SL & logic anytime. But one thing is sure if anyone can understand her secret codes then he/she may be benefitted always. She is herself an institute & exclusive also.
@ all : tks for the advice & feedback. Price is the Ultimate reality & EMAs FOLLOW PRICE...@ suja : wot is "mayan" pl explain for poor hungry zimble, humble ppls ;-)@ Mynac: tks for sharing ur OI insights..There is the EW option of a B wave in play, which supports ur analysis (see illango's reply to me @ 14:30hrs), but lets not go there as EW forces me to look against 5DEMA :-)For tomo, as long as Nifty stay > 5125 EOD & > 34EMA (@ 5115 ruffly), outlook should remain BUY On DIPS.lets c how we open in the morning...Predict we Perish, Follow we Flourish !!cheers
Problems look so simple after we come out of exam hall ....Today game wud have been played well through classic pivot and support style...Opening 5 minute candle open low same 5099.30 , jumped upto and got resisted at day pivot 5121 ,Kumar sir shorted here ,broke the days low multiple times and got resisted at day jnsar (wud have been ideal place for going long here with low risk). Day S1 was at 5100 , took support here and move beyond that , Kumar sir went long having stop loss at 5080 Day S2 .and then it was zooom rocket .Kumar sir ,just trying to analyse how seniors think ..may not be right .
@ Dr bhai,Also Pls ask concerned aam-junta how can anyone "make" fun ?? Kis ne jurrat ki hein ??!! ;-D