Friday, October 19, 2012

Nifty Intraday Update-I


78 comments:

prakashbkc said...

Reposting...

I know I m not alone & i also believe I will recover my loss but my time limit donot know.
This blog helping much but being very slow learner not able to capitalise gain.
Thanx Eevra for giving company

AJIT PATIL said...

Wk pivot -5688
20sma -5686
5dema-5687

anmpatel said...

@Prakashbkc
dont worry friend...just stay focus, bit gai so bit gai...
just follow one or two study....dont be a jumping jack..to make profit.
keep Sl and follow it strictly a/c to your study..
our great master and seniors are always there in time of confusion....

prakashbkc said...

Thanx Anmpatel sir,
Master , seniors guidance utmost important to me, I believe they are always present to show my path

gauresh59 said...

@ prakashbkc,

Then how can we learn...? Master's intention is to make us learn from our own....go on making mistakss and learn from those mistakes ....In the long run all is well...if you do not give up.

Sourav Kundu said...

prakashbkc,
This Monday in the premarket blog Ilango Sir has very very clearly stated what has to be done to consistently earn from the markets.

There is just one think left... the doing. That is all that is required. And that is the best way we can pay our devotion and respect to our guruji.

Ar v said...

Completed the 1 hour by holding 5700 and Jnsar, today new HL above 5722 to be shown, next target is 5770 spot

sandeep said...

jai hind MASTER ,DR SIR n all

Dinesh Rishi said...
This comment has been removed by the author.
Dinesh Rishi said...

If one starts with lets say 1,00,000/- capital

and loses 50% of his capital,
his capital will become 50,000/-

now to make his capital again 1,00,000/-
he has to earn 100% on 50,000/-

so the route of recovery requires more time and effort

Jayaraman said...

@Pankaj ji,

The book titled as " Mastering Elliot Wave" by Neely is available in 4Share.com

I hope this helps you.

prakashbkc said...

My dear blogmates,

That was my wishlist not my demand from my Master & seniors.
I m always indebted to this blog which act as fuel for my trading always

gauresh59 said...

DR Sir,

The real problem is that after losing 50k, he wants to recover it very fast and in that case he loses more instead of adding to his saved capital. If he adopt the principle "to go slowly..but surely", he will definitely succeed.

Pankaj said...

@Jayraman, thanks a lot! Thank you very much!

anmpatel said...

@master
can we label like this:
5711-5692- a
5692-5706- b
5706-xxxx- c
for corrective ii or 5th

if a=c then 5687 or if 1.618 then 5684-85 at JNSAR?

thanks. i am trying....

u.k.Raj said...

DR Sir,
It happened to me. But after that I did only JNSAR trades and recovered.

anmpatel said...

@DR
@gauresh

TOTALLY agree with your view.

Manish said...

@ anmpatel

Good attempt.Keep it up !!!

STOCK4SURE said...

friday turning out to be fryday for both bulls and bears
option data are also not indicating any strong move yet either side

Dinesh Rishi said...

Now few rules for trading if you dont want to make losses

Always one trade in system (Either Long or Short)
it will be more better if you have only & only one scrip (you can gradually increase lots)

If JNSAR is long and ur not long u must not be short also

STOCK4SURE said...

gauresh59 said...

DR Sir,

The real problem is that after losing 50k, he wants to recover it very fast and in that case he loses more instead of adding to his saved capital. If he adopt the principle "to go slowly..but surely", he will definitely succeed.


eggzatly sir
the main problem is we want to earn fast money something like 4-5%per day and on regular basis
instead we shd focus on sure and steady return of 4-5% per month
i was also in first category never want to miss any trade..but now patience is virtue of slow and steady money

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00 AM, VAH:5734, POC-5716, VAL-5698, WVAH:5727, Pivot:5715, VWAP:5712

CE writers are cautiously adding at 5700-5800 Level, whereas the PE writers are taking the day off with small liquidation seen at 5600 and belwo levels…

Thanks & Regards

Piyush Sharda said...

@dinesh bhai,

request u to explain it in detail

Always one trade in system (Either Long or Short)

as jnsar traders we trade as per jnsar long and short both. trading on one side will decrease whipsaws but will decrease returns too. this question is lingering in my mind since long.

Dinesh Rishi said...

Always one trade in system (Either Long or Short)

it means at any given time there should be only one trade in system

No hedging etc.

long in Fut and short in options

and not this month long and we take next month short

gauresh59 said...

DR sir,

Any one trading only one side say, either only long or only short, faces less number of whipsaws. The only thing is he has to wait more time for another opportunity.

And if he sticks to any one or two scrips as per his financial availability, he will definitely succeed in the long run. He has to avoid jumping from one scrip to another frequently in search of profit.

Most of the cases trader wishes to have profits in all trades which is not possible in any business. Loss incurred in any transaction makes him frustrated particularly in stock market. In past I myself had experienced all these and learned a lot from that.

Piyush Sharda said...

@dinesh bhai,

thank u. i fully agree . i have tried hedging etc in over night news and holidays. in few months i saw that hedging was extra loss. so stopped it.

Piyush Sharda said...

@aguresh bhai,

for new traders i feel trading on one side will give less whipsaws & less profits what i think. if one can use experience to avoid/reduce volume of few jnsar trades like shradha saburi mentioned then its different. whipsaws can be reduced. that will require experience and expertise i feel.

anmpatel said...

@PS
yes, todays cross over of JNSAR-J10SAR is after hitting JNSAR yesterday, so safer long this time. this is i feel this time. is it? at EOD it will confirm.

STOCK4SURE said...

contracting triangle pattern developing in BN 5 min charts

sandeep said...

master lately ns is just around our jnsar have fii also started to follow our jnsar .master/ seniors --prakashbkc wish list is everybody hope cause many like me lose money reguraly n gains our less.As u said every thing has expiry date but we wish that ours should not be the fastest just hoping with faith.

Piyush Sharda said...

@anmpatel,
have not followed it(j10 sar-jnsar relation) keenly. the major profits in any trend trading method whether jnsar/j10 sar/20 day sma sar/5 sma sar is taking those 300-400 points trade with full volumes
else one cant survive the whipsaws.

Piyush Sharda said...

@anmpatel

i didnot mean that the studies will not be useful.
if we can reduce loss of whipsaw by any method that will add greatly to profit . i try to use macd & rsi however i have not achieved any success that i can report.

Arun Kumar Sharma said...

@ gauresh59
i fully agrred with you as i have experienced same with me and have lost approx rs 11000/- but now from yesterday i stopped this practice and concentrating only on nifty.
thanks

parminder said...
This comment has been removed by the author.
anmpatel said...

for all who are interested in HA
during 28th sep-4 oct rise, each day nifty's low did not even touch next days developing HA open value.(saved by 3 to 12 point)

so far tom developing HA open value is 5691.58 so what i feel is if this rise has some strength then day low for today is done. last support a/c to HA is today HA open-low same at 5681.77

let's see.....market is supreme.

Dinesh Rishi said...

Breaking news...........
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Sardiya Aane wali hain... Rajai Nikaal lo ♥ :D

satheesh said...

@ S4S,

On wednesday you had mentioned about a WW pattern where NIfty would retrace back upto 5710 levels - (though the option was bleak on wednesday)and it did so yesterday. Can you upload a chart showing the pattern? Many times I have observed your interpretation of pattern to be good. I would like to see it visually on chart. If possible please update it on justnifty groups.

satheesh said...

Also if you have a writeup on WW pattern, please do share it thro group. - My humble request.

parminder said...

Hi Satheesh Madam,
I second u for the same to S4S.
Regards

Prithvi Yashashvi said...

@DR Sir,

Take a vicks or whisky/rum with u.

Its a JNSAR for Sardiya.

anmpatel said...

oh..once again saved by 2 point...and bounce...
kya bakre ki ma khair manayegi>>

DKG said...

Dinesh Rishi said...

Now few rules for trading if you dont want to make losses

Always one trade in system (Either Long or Short)
it will be more better if you have only & only one scrip (you can gradually increase lots)

If JNSAR is long and ur not long u must not be short also
October 19, 2012 10:59 AM

Well Said DR Sir,

I am doing this since 1 year in SBIN, and return is 400% Annul.

Shradha Saburi said...

Good Morning Sir and all the gems of JN
Dear anmpatel good question.
Now let us see the two conditions
1) JNSAR is long at present and yesterday it has triggered so it has triggered first J10 SAR and then JNSAR which is the ideal condition for the buying.
2) If JNSAR becomes short so it will hit J10 SAR and then JNSAR so again ideal position for the shorting
3) mostly in such a case now short will be more preferred ( it is the past experience)
now do not miss JNSAR
follow the global cues with dollar index and US 10 year bond yield movements also local events.
above all I do not have proof above statements.
Jai JNSAR
Regd

Atharva said...

Those who are interested for WW patterns must/ should visit I charts thread running with wolfe waves...I was regularly posting ww patterns ..but recently stopped..Will post all write ups I have in group...There few good traders keep posting intra ww in 3,5,15 tf..

And I have firm belief that lots of guys over there are in this blog with diff id like mine...

Manish said...

@ Prithvi Yashashvi

Lols...............

Well said.JNSAR for Winters.

Dr Dinesh said...

Hello frnds n Sr's,
Can someone guide me with the TA updates. I find no updates since 10AM in this blog.

Warm regards n TanX

Sandeep Koppula said...

@ Sateesh
Here's the link on WW pattern from S4S' blog
http://stockk4sure.blogspot.com/2012/10/bullish-ww-in-nifty-charts.html

Dr Dinesh said...

@anmpatel, @DR
Hello Sir, Gud AF noon.
Can u pls share the latest updates of TA.

TanQ

eevra said...

@anmp : Nice finding, helpful

anmpatel said...

lo gai bhais paani mein......

Manish said...

@ Sandeep Koppula

This is based on an individual's expectation.That way thousands have posted chart on bearish HNS also.

Market does not work on expectations.

Atharva said...

@ Sateesh ..pt 5 fomed for bullish ww tf 3..tgt 5710 Ns

Atharva said...

SL 5676 buy above DTL joining pt 1,3 5 .few buys above 8 ema bar closed in tf you are initiating trade

Ashish Agarwal said...

From an EW perspective, one has to consider the possibility of "Elusive sub wave-b' ending yesterday at 5723 high.. its a flat and less than 61.8% of A (A being 5815 to 5637).. this makes way for C down in the coming days..

CDG said...

JnSAR triggered down..well 20 point stop loss is 5663

Tintin said...

Isn't that an extracting triangle from 5815 going for its C :) :)?

Atharva said...

buy is still not initiated at bar did not close above TL nor above 8 ema

Tintin said...

I meant An extracting triangle similar to the chart in this link from Fire

http://firecharts.blogspot.in/2012_06_01_archive.html

CDG said...

the ever important GOlDEN RATIO of the last rise is at 5668 !!!!!!!!!!!!!!!

Jalagamvenkat said...

Llango sir ,
can expect any bounce from 5671 as of our chart (S1).

satheesh said...

Thanks Sandeep koppula.


anmpatel said...

todays HA open 5681 broken...

Tintin said...

The possible target for this pattern should be the downward trend line support(c) in the chart given in Masters blog.Seniors please comment on this possibility.

eevra said...

@ Dr ANMP: suggesting lower close eod ? OR bearing until moved past 81 !

root said...

Time to be alert! and still!!.our premarket critical area approaching!

Prithvi Yashashvi said...

@anmpatel

JNSar long SL is 5665.

Atharva said...

bar closed above 8 ema yet to close above dtl..

maninder said...

Dinesh ji,
SSA
Looks like master is just watching the tussle going in between people regarding Jnsar and its outcome silently.

anmpatel said...

@evra
HA open broken s/o weakness or consolidation...only clear at EOD close.

@prithvi
JNSAR SL is 5663.

STOCK4SURE said...

a doji or hammer today??

eevra said...

master's last posting @ 10:17 !!!

Manish said...

DR Ji

Masterji kithe gaye ne ?

parminder said...

Master ,
is just watching us all silently

STOCK4SURE said...

midcap index making lower lows

cahauhan mufo said...

good afternoon master and blogmets

dayJNSR sl is not trigered
am i right?

5722-5650 golden retio 5677
as yeserday

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