Nifty has come to the edge of the triangle for a decisive move.
Last 2 hours' Hi-low would be deciders..."5718-5688".
Nifty has ended at Month open @ 5705. Weak below this to attempt week open @ 5668. or lower, the preferred view.(Conservative traders would take a cue from here). Hour charts @ OB zone.
If Nifty exhibits strength & move past 5718, it could attempt 5735-46(61.8%).
Last 2 hours' Hi-low would be deciders..."5718-5688".
Nifty has ended at Month open @ 5705. Weak below this to attempt week open @ 5668. or lower, the preferred view.(Conservative traders would take a cue from here). Hour charts @ OB zone.
If Nifty exhibits strength & move past 5718, it could attempt 5735-46(61.8%).
31 comments:
Good Morning Ilango Sir and Friends
SBI Chart analysis: RT CLICK HERE
Good Morning, Ilango Ji
Good Morning Sir & All Friends.
R/Ilango Sir Namaste n Namaskaar 2 all reader's.
good morning master.
Today market is working day or leave?
Good Morning Master & Friends,
Namaste Ilango Sir & all members.
good morning master and all friends
For today HA open value is 5697.53
Namaste Dear Sir and all friends
have a nice day of trading
Dear Master and seniors,
I have been following this blog religiously for last 11 months. Never in past I have seen the JNSAR whipsaw so many times, the way it had done in last 15 trading sessions.
Can you please guide, whether this has happened in past also and what was the aftermath. Is this a precursor to something big. As master had made me learn
That wave B is always the most difficult wave to trade, similarly is this also indicating something which I am yet to learn.
Thanks in advance.
Regards
Good Morning Master Mr.Illango, Master Mr.Dinesh Rishi & Blogmates.
Camarilla for Nifty Today:
H4@5723[BUY ZONE]
L4@5687[SELL ZONE]
Everyone have a Profitable Day.
Good Morning Ilango Sir and Blogmates.
goodmorning dear sir , all my seniors and freinds of the blog
Goodmorning master and all JN friends
Good Luck for today's session.
GM Master,
Master it seems Market opening below JNSAR ur morning Premarket view of 5688 so is shorting at opening advisable?
Good Morning Ilango Sir & JN Mates
Good Morning Sir and all the gems of JN
because of good rollover i had brought good quality American apples but by the evening i found they were dented, so no problem!
today we will try Indian blackberry.
wish you all happy profitable trade
Sir Ilango ji and every one good morning
Good morning master & JN family
Have a nice day !
day S2-5671
Nifty, after the gap down, bounced upto 5DEma & falling.
If stays below 5707(HHEma), it would attempt WEma @ 5657 or lower..
Namaste Ilango Sir and JN Family
JNSAR whipsaw again. This time it has taken back much more than gave in last trade.
Each whipsaw results in twice the loss, whereas profit was on less quantity due to partial booking etc. I guess if we have to follow this system religiously, it should be without any partial booking etc
:(
Master ilango and friends,
Good morning to all
Regards
☺☺☺☺
SJKolkata,
Just for your info, yes JNSAR has given similar type whipsaws last time when it is 4th wave, i dont remember exactly the timing but after that it gave one big rally of 300-500 points :) waiting for that rally...
GM.I feel JNSAR traders should tighten their belts.Time for the big move.The master has given the indication--" edge of the Triangle". At worse one more whipsaw.
But master's preferred view is that it moves lower? I am interpreting it right?
google,yahoo,rediff charts not working any idea
New Post Done.
@ nath,
Google is working fine.
Thanks Lakshmi
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