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master pl reply after some time if busy today at open jnsar was 5150 so sl becomes 5130 at 1000 hrs the jnsar becomes 5137 but that is for 31 july . does this jnsar (5137) has relevence for the day .pl explain
Prabakar - "Shri 7 1/2" will decide the tongue 31st RBI meet aug 1st FOMC meet @ US..Anybody following 29 EMA??? apart from 34 ema??? for mid term position is it worth?? any backtest specialists??? or real followers???
@ sandeep,Tomorrow's JNSAR is relevant at times.For Eg: After the gap up today, Nifty made its low @ 5138 before moving higher. An aggressive trader who understands TA would have used it to initiate a trade.Relevance of numbers depend on "context"."5173" would be relevant to bears tomorrow being MEma."5172" becomes important to bulls on 03rd Aug., being WEma.
@ Sandeep,Usually next day JNSAR come into play at closing, if prices close above of below next JNSAR (reversal point...you can take position accordingly.When there is a reversal point during trading hrs...Sir is kind enough to warn us about the same.Have faith...it will reward you!
Sorry Sir...I didnt see your message.apologies:-(
Sujatha,Again new codes from your side which will take another month to crack.Regards
@Sujatha Ma'm: Any closure below 5179, nifty is sell on rises for me. Above it is buy on dips mode. I am unaware of BN reaction to RBI decision. I am getting feeling that SBI may disappoint this qtr. @DR Sir: What is your guidance with BN?
thanks master for guidance ,puravi thanks
--> backBulls smiling all the way right from 10:00AM close for the 5-10 faithfuls :-)part book 70 pts away from 34EMA,30 comes @ ruffly 5205 (which is also c=a, in case this upmove is a simple ZZ) Dev. 5DEMA has turned up & now real fun will commence for TREND FOLLOWERS if we can take out 5205-5225
PrabhatFollow JNSAR - nothing else required
DR Sir,Please quote..JNSAR be kar eithbar...it sounds good:-)
Illango Sir,Would you suggest 5190-215 to be a part booking areaconsidering the 4th in play???Thank you sir
Nf Gap filled, NS gap fill will be at 5197.65 5mt chart
Sorry gap fill not on 5mt chart, but hr chart
"Follow JNSAR + Kar etbaar = Daulat Beshumar"
book 1/3 @ 5193 bought as per PSC @ 5193 tsl still 5143
Dear Sir you have marked a rising wedge. what may be the breakdown level. thanks and regards
Ilango ji,IM Degree C (or Y, if DZZ) UP if 5225 is taken out sir ??
Thank you DR jiWah ji
if a = 5032.5-5149.90, 117.4pts, b retraced 61.8, c= a 5077.7+117 = 5194.9, also Gap filled in hr chart
3.00PM TT & Chart updated.
Anybody any idea on type of candle developing today and how to interpret it??Thanks
Dear CDG,Candle can be 2nd of 3 white soldiers, but more importantly we seem to have got a Break-away gap, backed by good VOLS & supported by TREND (5DEMA)
@ Illango Sir,1) Daily -broken out of down trending channel2) Hrly - gap filled + leading diagonal formation+ OB3) we may have started C of C...valdity above 52184) Or 4 th up invalid above 52185) Above DHEMA6) break outs with good volume.Sir please help to interpret all this in a trading plan.hank you very much
SBIN : one can book @ 2068...tsl shifted to cost to cost
Yes and thanks Shriram.... good volume, GAP containg various important numbers filled and trend is almost reversed... Just a follow up required tomorrow and then we will fly past 5349......
@ puravi ,Trades are on as per:EW: Suggested to buy @ 5042-96 zone.TA: Suggested to buy @ 5079-94 zone.JNSAR: Either 5137 or 5150 buy triggered.Now, Managing the trade.Depending on your temperament and expectations, part book and trail the trade.Less expectations from RBI..there could be surprises.Trend is up in ST.Mth trend continuing will be known tomorrow above 5173.
Hahah Suja: jus saw ur msg "7/12"Ur equating Subbu wid Shani bhagwan ?? ;-)
DR sir,Does today's candle qualify for Marubozu?
Thank you Sir,Part Booking & re-entry have been my nemesis for long.Have part booked now.Your presence & kindness is a blessing!
CDGtoday is crying bear candlehttp://img.scoop.it/9vH3ogHBgf4BgZnUdSitqTl72eJkfbmt4t8yenImKBVaiQDB_Rd1H6kmuBWtceBJ
Yash and DhanOpen and lowclose and Highshould be same for Marubozunormally Marubozu is circut candle
DR Sir jiHahaha:-)))
can anybody tell me were to get real time charts for ATR indicator
@ DR sir Thanks
Dr.jiachha candle hai:0
I can see only Anna Candle :)
CDG,hear from known circles here in mumbai, that we may get a CRR cut... Lets see, if it happens then its pretty apparent that the charts hinted apriori @ it by price action today &TA that is honest & HUMBLE TREND FOLLOWING shall always reap rewards, becoz it follows price :-)
thanks Ilango sir and all blog seniors n mates..gained good profit today according to jnsar... it was my first experience here and it was great ... hope for same in coming days...thanks :)