Dear Ilango Sir & Blogmates,OI Table Update at 2:00 PM, VAH:5730, POC-5714, VAL-5697, WPOC:5677, Pivot:5707, S1:5684, VWAP:57065700 Level right now perfectly matched, looks like working as Magnet, with Nifty swinging like a pendulum….Thanks & Regards
@debdeepso nifty is pressed like a spring....jo baju bhi 6utegi....fast jayegi...
@ marketrider,For your "rounding top", the breakdown has occurred @ 5690 having a target of:5690-(5722-5690)=5658.
now some movement is expected !
@ CDG,It is a downtrending market because yesterday's reversal failed right at the open.We could anticipate a correction upto 5684 below 5720.From then on, "It is my guess work".And market need not oblige anyone and even when it does, it does it in its own sweet time.
AnmpatelOct month consolidation-- much better if breaks this range of 90 points in coming days.compare June 2010 to Aug 2010-- Nifty consolidated within 200 points.
@SSyes i also feel something is going on around 5691-941
@Parimalat that time also JNSAR whipsawed?
AnmpatelSure, it did.
5697 this hour HAopen and tom developing HA open.
I feel the Jnsar trade works best after a move out of the consolidation.
come on nifty show movements
sirIn Bn from yesterday a 5 wave up is done till today open and a 3 wave down done till lows of11535is it moving up again in 5 wave of which 1 is done and 2 is on?????????
VIX on EOD chart-- 13.04, three years low
--> Back@piyush: yes , seems in line@ilango jiDev. 5DEMA seems to be resisting for now.. is it possible that "C" or "Y" has started DOWN from 5722 on 18th Oct, tgtting 5630/5590 again ?
yes parimaljimay be vix at low for checking its low range now it may check the span
1-2-3 formula says that for NF weakness below 5666, earlier swing low
Morale of the story/Lesson learnt.....In a 4th wave, either do not trade OR trade with minimum position with quick profit booking.
Nifty futures Triangle and Rounding bottom: RT CLICK HERE
Nov.NF intra addition 62 lac plus and total intra movement in points hardly 37 points...And Nifty trading closer to Day low zone area since last 2 Hrs...
thanx shriram. i guess guideline says only 1 can be extended. thats why i asked.
Oops that was so close to trigger the JNSAR. Just 45 paisa away. But so far still it is a JN4, JN7 and JN14 day.
plz nifty one more try below 5680
On Ichimoku Kinko Hyo hrly chart, future Kumo (cloud) has become very very thin, indication of tight range
Teen baj gaye lekin breakout abhi baaki hai....
@Shriram,Nowadays 5DEMA is up on one day and down on the very next day... how to interpret this.. Complicated isn't it?
Looks like any mmeaningfull breakout will npow come only after expiry. Not sure if Friday is a holiday.
Since emas and smas follow the price action, they become undecipherable during complex corrections. Wave forms are a better alternative.TekkieSuresh
@Shradha Saburi,Please no.
SS - ameen but the whole NSE bldg is celebrating puja in grand manner??? sooooo quiteee day. grinding here is better instead one move 2 699/708 again cat on the wallmynac - in one line clear view pls. tks n advance don;t understand anything as it's in english i "read it" that's all :( :P
24 and 26th very much holiday i believeNP -ji - huh :( :(
@Sujathaclosing would be around 5693. right again cat on the wall. ye billi girti kyu nahi hai...yato billi girao yato divar hi girado......
Dear Sujatha,Considering today's Nov.NF O.I. addition,Bulls would try for one last chance to lift Nifty beyond 5725...
Tomorrow is holiday. market is open on Friday
Nilesh bhau ok!!!
Primal what about Thursday!!
26th Friday is NOT a holiday. I checked BSE site: http://www.bseindia.com/markets/MarketInfo/listholi.aspx
mynac - oh... nooooooo tell the OI fellows not 2 do anything :P but 30 mns. showing the chancesparimal - ????? thursday hai na??? friday is holiday patel ji - 5751.85-5634 = 5692 grinder. bit disappointed as was expected 79/75 once but not. feeling below 708 and 97 is weak only. but mkt will do always "ulta" for me if i go "south" it "north" am "north" it "south" hehe
On Thursday markets are open
Only Tomorrow holiday.Not than after
true piyush: if only our markets cud play out copybook as per prechter fibbo thats why i for my own self look for master's guidance .. to save a "wave" confused soul :-)Time to go, bye all , hv a gr8 day & HAPPY DUSSHERA TO ALL , GOD BLESS!
CM 02-Oct-2012 Tuesday Gandhi JayantiCM 24-Oct-2012 Wednesday DasaraCM 13-Nov-2012 Tuesday Laxmi Puja*CM 14-Nov-2012 Wednesday Diwali-BalipratipadaCM 28-Nov-2012 Wednesday Gurunanak JayantiCM 25-Dec-2012 Tuesday ChristmasYes right friday is not holiday it seems
Hello FriendsThursday and Friday are NOT HOLIDAYS
Good Thank God.
Dear Sujatha not today but up to Month end..
Sujatha Now Onwards reminding holidays is your job.
HAPPY VIJAYA DASHAMI TO ALL. MAY THE SUPREME MOTHER BLESS YOU AND YOUR FAMILY WITH GOOD HEALTH, PROSPERITY AND PEACE
If Nifty Close above 5720 Then Looks positive. But Now it looks 5612,5594,5577 SpotPlease correct me if am wrong sir.Happy Vijaya dasami..Happy Dussera..
mynac - thank u very much i think this month fate is between this 90 pnt range only can't expect more than this sandy - mm.. done :) Parimal - Wish you and the JN family the same
ok friends!50-50 Happy DUSSERA TO ALLbye!
@DR sir,Need you power to Lift the nifty.
Happy Vijaya Dashami to all
Nilesh Not DR ask Manmohan Singh
Thank you Master and Seniors for all the inputs and guidance.... Happy Dussehra to all....
Dear Master and JN MatesHappy Vijaya Dashami and Dasara.