@ prabhakar:the book is available here :-)http://www.scribd.com/doc/439863/The-Power-of-Your-Subconscious-Mind-Joseph-Murphy
NIFTY OPTIDX Open Interest at 12 -> CLICK HERE
Unknown - common that too also but u know "this 5300 to 5336" is wild and vulnerable to "trap" anybody but unless 5280 taken out on closing basis this is "doubtful" :( need few more close abv this for an good upmove... fingers crossed and getting "pain" :)shriram ji - :) :) this time my prayer is ulta "i don't want your SL" may god protect your 'SL" :D :)
@ShriramThanks Got it. I thought of downloading it, but it seems need to register and pay for it.. :(
Its amazing all the Asian markets are now synchronized with very very few green numbers..... What is the anticipation
Dear Prabakar:@ scribd , u need to open an account & then up-load some random file that u dont mind sharing. Only once u upload a file, can u be allowed to download from scribd . Do read the book , it life changing ! :-)Dear suja: Amma, @last after so many days our planets have alinged , else we were always rahu-ketu for each other's positions ;-)
Dear Shriram,Thanks a lot.. will do it.
Prabakar as Shriram said, u hv to register on scribd. Then upload an ebook or edocument that u want other scribd users to read and then u will get the download link on the same page. Its about 12 MB, so manageable download.
@Shriramji,I also joined you.
Thanks STSB.. :)
CDG - ECB starts cooking something?? despite German's approval??? probably cooking result will be out late??shriram ji - :) :) 5306 taken out will give some fast fall i price??? atleast intra
Hi illango sir, Eppadi irukeenga??
Hi Elango sir, Eppadi irukeenga??
@ suja: Yes , purely intra for now ! This is is an AGREESIVE trade, becoz 1. price is > 5DHiEMA2. 5DEMA is trending up & will turn DOWN only on EOD close < 5230 (a good 90 pts down)3. 5260 GAP top , may provide support4. Dev. DHiEMA @ 5271 may support !!That said, am taking this short AGAINST TREND only coz :1. Stats says anythign above 5325 will give a 67% chance of a pull pack to DHiEMA2. Mnth hiEMA may resist3. Weekly candle RES is @ 5334Hence the burnol :-)
sir move after breakout from contacting triangle is quite slow means taking more time to move up does this indicate anything.
T P N - thanks..how u know i am a lazy bone?? anyway "another person will come in the name of "exams writing on Nifty"?? as theory and practical is over?? :) :)
@ Sujatha Ha Ha Ha Ha...
it wud b interestin if the 5,10, n 15 EMA intraday, conjure at one specific point, n da mrkt is able to take it out. Really interestin
unknown - i feel standing on the "thorn bushes" u r feeling "interesting" am feeling like a hell :( wat a mindset difference??shriramji - thanks for your views..this 325 taken out then another 100+ has to come is it possible at this juncture??? any powerful 'WAVE THEORY" is there?? am feeling that "waves magnitude" is less today :) (selfish thinking)
Why is 5280 taking so long...........?? Ehler shud have had a watch /time angle to his analysis..Life wud have been far simpler for us
@ ilango ji : Any sign of weakness per ur view pt sir ?
a few days ago, i sensed ur crying face sujata, whn u were long, n da mrkt kept retracing to 4970 level. Where wer ur smiles then????
hahaha.. suja:EW MIN tgts are done @ 5315 .. next vary from 5328 to 5378 !!As of now, Only Stats says we may have a small intra-day corrective down against the MAIN TREND .. there is NO OTHER LEAD INDICATOR to my ltd knowledge now :-(
are please koi nifty ko macchar se katva do to use thodi weakness aaye
good afternoon Ilango sir & blogmates
Nifty seems to have corrected the 5273 to 5324 move with a "flat" and on its next upmove.Aggressive SL would be 5316.
unknown - will adjust in intra if positional SL hits on gap up side - yesterday was double side opportunity one up and one down :) i swiftly change my colour nifty is like a heart patient now very much struggling to climb upstairs..but bears will come by "lift" easilyshriram ji - :) :)
hi illano sir
yahoo charts started updating
ilango ji,looking @ wave from 5273, last motive sub-frac in play up from 5314 can do ideally =sw1 = 25 pts = 5339 ??
Dear Ilango Sir & Blogmates,OI Table Update at 1:00 PM, VAH : 5305, Pivot : 5295, R2 : 5327 and VWAP : 5320Thanks & Regards
PE aggressive additions.CE unwinding....5400CE ..!!
@ ilango sirwhat is the time connection between impulsive and corrective waves.any guideline.with thanks
golden cross and inv H&S are in play, but why nifty spot and ns just move below prev closing and up, means do not left gap. if gap has any role then nifty will fill yesterdays gap very soon.
@ marketrider ,There are all kinds of time relationships with impulsive and correctives.1: 0.6181:11: 1.381:1.618and so on.My approach is simple.1. Spot the first minor correction... say in a 2-min/5-min T/f for the "ii" 2. Look for similarity/ closer to it in "iv".3. Next correction would be bigger than "ii" or "iv" as it now corrects the entire move from "i" to "v".4. Type of corrections give you clues.a. A flat correction is bullish.b. An irregular flat is very bullish.c. A triangle in "iv" is generally followed by a sharp & swift "v", precursor to a short term top.Similar to time watching, do also quantitative watch which is very useful for "Trading", "Booking part profits", "Re-entry", etc.The correction that followed 5273 to 5324 rise was a "Flat", which indicates impatience of bulls....bullish.
@ marketrider ,Yesterday's intraday correction was an "irregular flat" and you can see its effect today., coupled with the weekly contracting triangle break-out above 5290 at the open itself.
Good Afternoon Ilango sir and friends.3 rd August 2011 5404 next day closing followed by 5331 and then a 600 + points fall.Just for information.Happy trading.
nifty(ns) gaps are 5343 and 5363, how nifty behaves after filling these gaps to be watch out.
Prabakar - hit 336... the real game starts now
JHCP - check the NOVEMBER month too ..
@ ilango sirthanks for detailed answer.
Yes Sujatha.. As per my EOD NS Chart the past hit was 5338.35(+/- 5 points), if sustains then 5360.70.As per OI, no weakness seen for intraday.Hour lead indicator decided to have a long flight above 90, may be till Day joins him.Hr, D, W Trend indicator are on positive side.Expecting a small cooling off and a EOD close below 5310
hE hE hE hE........
Prabhakarji5360 also happens to be trendline resistance
Good Morning MasterGood morning Sujatha , Prabhakar , PT, Sanjay , DR sir and other friends. I am short side again today :-((
Praba - EOD close only below 5306 or 5300 is weakness.. or else still upside steam left.if the nos failure sure this month one big thud is pending.. 5260/50 is good for an another upmove (FOR THIS WEEK) let it go XXXX no probs here i don't hv guts to go long here
As MASTER said Bulls really in hurry , today not correction of intra rise , no correction more than 10 points
i am neither long nor short.....and now somehow just controlling my itch to go long at this juncture
Master if you can y'day SBIN cash NR 7 ..today broken JNSAR also..any comment..thanking you
@ Atharva,SBI has made a significant bottom near a critical channel support @ 1910 and had consolidated after a small rise and starting on the next upmove.Your observation of NR7 and JNSAR should have resulted in a good trade entry.
--> backIlango ji,5waves done as 5273-5342 ??
PCS - hi GA :) nifty is entering into "exhaust" mood around here +10/15 pnts i feel.. if 5300 to 5336 failure will give u the gap 5260
@Master : yes..but still no volume that is pt of worry ..thanking you..
New Post Done.
Ilango Sir,Positionally if things go right where can this upmove end, maximum projectionIf feel major wave 3 of 3 has started in US (tony caldaro's preffered count), so high risk mkts like india can zoom?
@Shriram!First 30mt red candle for today also a doji.
Ilango sir,In hour chart I can see Inverse head & Shoulder break out.CLICK HEREDon't know if it is already been discussed here.