MACD positive cross in positive zone on Hourly chart.
1-2-3 Upside 2 Targets Reached in Spot1.272 - 5316.251.618 - 5328.012.000 - 5341.00
Original "ascending triangle's(5190-5042) target of 5338" is almost achieved.
Our NF Camarilla Reached L3 Modified @5318 to H4.Trailing@H3 and Part Bookingcan be considered Now.If any one entered!
Banknifty 12.00 PM and 2.00 PM open and low same.
where is the rising wedge resistance sir ?
@ Amol Sharma ,Rising wedge resistance matches with the small ascending triangle's target of 5361.
Aaj volumes dry hain, kiyu ke Bulls(DR Sir & Co.) & Bears (PT & Co.) gayab hain.
BN's part booking zone too reached almost(10645)
BN from discount to premium.
@Master,Closing above MHEMA will turn the month TA up?
Intraday NF 1 min support @ 5340
Ilango Sir,,,One personal quetion...have you booked 500 points in nifty futures in one trade...in the history is it happened?,,,Just curious,,??
Hi sir,Can we get small triangle tgt of 5361 on tomorrow?
3.00PM TT & Chart updated.
@ Nilesh Patil,You could expect 60 points above MHEma when it is being closed below it.Only a close above MHEma on the last day of the month brings in momentum in month scale.
after a big rise, Tata Steel is consolidating for last two days. may see another big spurt in this counter
@ N.Dhanabaleeswaran ,As per our studies of pattern, that is the likely target. As long as TT is in green, it is a possibility.There are few patterns at work.
You could expect 60 points above MHEma when it is being closed below it.sir didn't get it
hello ilango nowadays not able to see the old version in nse. so not able to see option data how to see old version?
vix below 18.13 days low
Thx for reply
@ radesyam1,Change is inevitable.Get used to the new format of NSE site. Explore it when markets are consolidating.For option data:http://nseindia.com/live_market/dynaContent/live_watch/option_chain/optionKeys.jsp?symbolCode=-10007&symbol=NIFTY&symbol=NIFTY&instrument=-&date=-&segmentLink=17&symbolCount=2&segmentLink=17
@IlangoWe are in part booking area till 5340. Correct?
http://www.nseindia.com/index.htmthis link has been provided by ilango sir and is in old format
@radesyam1,Home->Live Market->Option Chain->Equity Derivatives->Options Contractsorhttp://www.nseindia.com/live_market/dynaContent/live_watch/option_chain/optionKeys.jsp?symbolCode=-10007&symbol=NIFTY&symbol=NIFTY&instrument=-&date=-&segmentLink=17&symbolCount=2&segmentLink=17
@ shivanGupta,When prices close below High emas, it is sell on rise.In day T/F, we allow 20+ above DHEma for sell on rises.In week T/F, we allow 40+ above WHEma for sell on rises.In Month T/F, we allow 60+ above MHEma for sell on rises.This 60+ might vary depending on the TA of lower T/F.
now reliance and cnxIT will carry the baton for bulls
GREAT KEY MASTER- EVERY BODY TO READ DAILYWhy do traders fail?Most mistake the correction during uptrend as "Downtrend" as well as the correction during downtrend as "uptrend" and they have no guidelines to identify a trend.We have chosen certain numbers in the TT for such a purpose as "Trend" & "Momentum". sir this mool mantar if every body understands this it is best. good we at jn.master has made it look simple sir fauji ka salute
As per very long time chart from 2252 level = 5352 is important.. failure to take out 5343/52 is -veneeeeeeesssssssss???? any takers??? for short term = 5331 weekly cam H3. yearly 50% 5356 == 5343 s impt. frm 4770 level. If 5343 is taken out then staright hit 5386 i feel uncomfortable for bulls
This 60+ might vary depending on the TA of lower T/F.......how?
@ radesyam1, on nseindia.com @ the top it shows 'go to previous version', pls click on that it will take u to older version, hope I am not wrong
Sisand if taken out tomorrow in gap up?
Cooldent - can't u think good for me ?? y u want 2 eat my SL??? leave my SL i back 2 business today only :( i feel chances are less to gap up @ 5343/52...if so definitely mega bullish not able to think that "my head is rotating like robot rajini" 5343 is valid upto this year, and 5352 is valid unless it taken out on closing basis.
Good foundation laid for gap up tomorrow.
@stbstb: you said it