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@ illangoji, error in daily low & closing
@Ilango,Today might turn the Weekly down????
part booking done
@ CDG,Week has been in "Sell on rises".Week 5Sma is @ 5692 and 5Ema @ 5657.It could be treated as a weekly sell. (Follow up price action is needed next week)Down momentum comes only on a close below WLEma.
highest O.i addn in options are5200pe-12.6 lakhs5400pe-12.1L5700pe-8.5Lwhy pe mai itna addition ho raha haiaddn in 5700pe with falling nifty is surprising??
If 12-15 more points are taken off then we will see a new low which might be targetting 5587 (.38%) as per the TT above.....
Rome not built in a day, Get Rich Slowly... :-)
channel supp in 30min 19 ay charts comes near 5630it does not sustain below 5630 may see some good bounce in coming days
they are trying to save 5657.... another 65 mins to go
நிஃப்டி மறுபடியும் முதல்ல இருந்து ஆரம்பிக்கப் போகுது, போன மாசம் மாதிரியே.
@S4Sfor a change in style they could long put options
Shradha saburi ji,Gud afternoonHow would u interpret jnsar and jnsar today when jnsar is above j10sar.
CDG - 60/67 it will try and then fall looks like (ofcourse wishful thinking) if EOD close is around 60/67 then fine monday may gap down nd will give 22 direct hit or @ today itself??? with crossed fingers
is anyone counting no. of comments ??Remember the find from SS:If comments start increasing, it means high possiblity of bounce in next few days ;-)
Appears to turn up from 4641. This bounce could take Nifty to 5689, before another turn down.Since the down move has consumed 12 30-min time bar, we may expect 5689 on Monday..
Sujatha you seems to be correct at this point. only point is NF is at very big premimum. it should also decrease a little to give some profit to bears......
AS PER GANN METHOD THIS DOWNTREND STARTED FROM 5815 SPOT MAY GO DOWN UPTO 5510-5221 SPOT TILL CYCLE CHANGE
Good afternoon parmiderjitoday JNSAR is above the J10 SAR so I interpreted that Nifty hit first JNSAR then J10SAR so I took the the trade with JNSAR but I partly booked it.On Monday J10 SAR is below the JNSAR which is ideal position for selling.today's close is very important also. If it closes below J10SAR then it could be treated as weekly sell.regd.
DEAR parmiderjiJust a thumb rule Nifty is +50 points or-50 does not go away from the DAY JNSAR then I suppose nifty can return back towards JNSAR.just check it with past results.
CDG - mm.. closing may around that 60/67 so that cat on the wall hence i clapped my hands :DHawala is "nearby" bye - happy week end
Shradha saburi ji,Thanks for the interpretationNormally i have also seen that on trigger of jnsar either BUY or sell on the next day it comes near the same value
3.00PM TT & Chart updated.
so.. by this theory.. if any bulls here.. pls start typing comments by the dozen over next 2-3 days :-DDDD
Oct 05 High=5815.00Oct 17 Low=5633.90High to low, it has taken 8 trading days and 11 calendar days.45 degree angle equivalent price was 5718.86.45 degree offset of 5633.90 at 10.68, degrees, squares with 11 calendar days.So the uptrend from 5633.90 ended when the price reaches 5717.45 at 15.30 on October 25, 2012.Currently we are in a Gann downtrend.
Dear parmiderjiIf you consider week JNSAR nifty has come under its influential area so It can come to 5619 in the next week or 5740 upper influential area so 5740 will be important for the next week also 5500on lower side.
@Mr.Tekki Suresh,Exactly... Some exceptions.I am testing time squaring.Gann & Fibonacci too.As Per fib0.382 @06-11-20120.500 @16-11-20120.618 @25-11-2012Let's check...
My Dear Shradha Saburithanks for nice interpretation of JNSAR and J10SAR
So sell on rise continues till 5740 is crossed decisively, i think
@J.R.Julius,During corrections, we have seen Nifty retrace bigger percentages. So please consider 76.39% and 78.62% also. We will be surely interested in your results..
38% retrace of 5719 to 5642 done @ 5671.50%-61.8% @ 5681-9080% @ 5704.
avg closing based on 30sma running at 5662( rising ) , looks like closing above wema, dlema, near hr ema
i feel big downmove will be confirmed when 21hrsma gives negative cross to 34hrsma on NF hrly chart.
today Dollar index is hovering around 80 which is at dangerous mark. yield is decreasing.not so good for bull market.
goodbye dear sir many thanks to u, goodbye all seniors and dear freinds happy weekend too all
Avg closing now at 5663.6
Thank you Master and Seniors for all the guidance.
Good bye Friendsnext week i will not be available this week I enjoyed with you a lot. many thanks Sir and all my friends!take care of everyone!
@ Shriram,It's the other way around - if comments start increasing then market must be in downtrend and vice versa.On the lighter sides, some smart guys may come to know about this present behavior and may try to spook it by typing more comments but the 10 day average will take care of that!haha!Thanks!
Good bye all.Have a nice week end..
Dear SS,Self fulfilling prophecy cha funda ahe bagha ;-)Max 10DA of comments is @ bottoms, so If bulls want to "USHER IN" a bottom fast, they need to increase the thru-put of comments, like i m trying to do ;)Just kidding, hv a gr8 weekend all, bye!
@Mr.Tekkie Suresh,Sure.. We can Talk a lot later. Bye.@Blogmates,Bye - Have a Nice Weekend.
@Parimal,Not understood your comment. 21 SMA has crossed 34 SMA already at 5696?Anyway, goodbye et.al.Have a great weekend.