Monday, November 26, 2012

Nifty Intraday update-III


Ilango said...

@ Kranti,

As long as there is "audience" for the drama, public posturing will continue.

The day people realise that "action" is the parameter to judge a leader and not the words, media TRP will plummet and "real change" would emerge.

Ilango said...

If it is a flat correction and the rise from 5623 is the (b), it should end around 5645(+10) and another corrective could start.

Above 5661, it is likely the (iii).

prakashbkc said...

Piyush sir,

Happy birthday to u,
May God bless u & fullfill ur dreams

Piyush Sharda said...

thanks shr, prakash bkc

Kranti said...

Sure Ilango Sir..Supply meets demand..

Lets hope that day is not too far for real change to emerge

J.R.Julius said...

Lower High Formed.
Now Not Sure Moves for Upside.
Day Low is Next Key for new trade.

J.R.Julius said...

*Personally I exit All Longs - Waiting for next clear entry as per 5594/5620/5651

Lakshmi said...

Dear Sir

Will it be able to cross 20 and 50dma this time?


Parimal said...

NF is stuck between 20,50DMA and 5,10DMA, breaching which either side is required

J.R.Julius said...

Let Nifty break the Range - Let Me finish my Lunch - Bye

anmpatel said...


May your good dreams come true.

and also thanks for good guidance on JNSAR when i confused.

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

Julius - Nalla sappittu vanga.. edhu appadithan.. naanga appave sonnom illa??


Ilango said...

@ Lakshmi ,

I'm following the corrections presently.

If holds above 5605 by tomorrow, it could move past 50DMA by tomorrow.

If breaks 5605, the last support comes around 5580-85.

Being the last week of the month, the price action this week would be quite crucial.(Closing above/ below 5661 on 30th Nov)

anmpatel said...

please tell me BN developing JNSAR.

Lakshmi said...

Dear Parimal

Since we are in JNSAR long trade we expect it to break 20 and 50 dma. Positive wish

J.R.Julius said...


///edhu appadithan.. naanga appave sonnom illa??

'மூத்தோர் சொல் வார்த்தை அமிர்தம்' என்பது அற நூல்.

Sujatha said...

Julius - Kanakku "Puli" ramanujame - vanthulum mandaiye pichukuvar :) OK..asandha oru "Kol" eduthu kaiyele Kudupeenga pola??

Nifty closing song - என் கிட்ட மோதாதே நான் ராஜாதி ராஜனடா

Ilango said...

BN JNSAR-11429 for 27th.

Ilango said...

3.00PM TT & Chart Updated.

Sujatha said...

Julius - looks like it's trying to close abv 5643 to prove it's upward ability??? but will it???


Dear Piyush Sharda
Many Many Happy Returns of the Day. May God Bless you with all the weath,health & happyness
that you may desire.

J.R.Julius said...

Candle Price Action 30M t/f shows the same. I quit terminal and waiting for 5650/daylow

Ilango said...

Below 5641, correction continues.

CDG said...

aRe we struggling to close above developing DHEMA 5642.
However a close above 5639 will help to brign momentum tomorrow. is this correct Ilango?

Waquar said...

Ilango ji,

Should small longs be attempted at this stage ?? If W3 unfurls tomorrow, it would mostly be a gap up..

Sujatha said...

Julius - am lucky... just came for posting belo2 43 is -ve but sir "munnadiye munmozhindhuvittar"
now closing may be 628/23 around expecting slight -ve opening not ruled out 2morow let us see

Ilango said...

@ Waquar,

A ST reversal is in place since last few days.

It is placed in such a way that

a) More correction towards 5614, & failing 5605, deeper to 5580-85.

b) Nifty continues to crawl higher with small corrections.

Ilango said...

@ Waquar ,

Identify the trend:

Reversed from 5543.

Identify the quantum of drops during this rise:

20-45 points.


Buy on drops of 20+ from recent tops....."Buy on dips"

TILL Stopped out.

This is the only efficient method.

jay shah said...

many thanks for your invaluable inputs dear sir bye

J.R.Julius said...

Tomorrow My Numbers 5650/5620.
A day gone with inside Movements.
See u tomorrow - Bye.

-Bye All

Waquar said...

Thanks ilango ji, have read everywhere trend is your friend, but still get lost somewhere in between, trying to catch tops/ bottoms...

Ilango said...

@ Waquar,

To catch tops & bottoms, follow the

reversal patterns;
distribution patterns
Divergences play.

And if it does not give you results,

Follow the market by identifying a trend at its early stage; Once identified, plan your trading plan with a retracement as an input; study the "quantum of corrections in the early stage" for additional inputs for re-entries.

Plan your strategy with your brains;
Trade that strategy like a machine.

Hari said...

Good evening master & JN family

Happy birthday Piyush ji, many many happy returns of the day.

Vijayakumar Rangarajan said...
This comment has been removed by the author.

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