@ 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.
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).
Piyush sir, Happy birthday to u, May God bless u & fullfill ur dreams
thanks shr, prakash bkc
Sure Ilango Sir..Supply meets demand.. Lets hope that day is not too far for real change to emerge
Lower High Formed.Now Not Sure Moves for Upside.Day Low is Next Key for new trade.
*Personally I exit All Longs - Waiting for next clear entry as per 5594/5620/5651
Dear SirWill it be able to cross 20 and 50dma this time?Regards
LakshmiNF is stuck between 20,50DMA and 5,10DMA, breaching which either side is required
Let Nifty break the Range - Let Me finish my Lunch - Bye
@PSjiHAPPY BIRTHDAY SIR.May your good dreams come true.and also thanks for good guidance on JNSAR when i confused.
Julius - Nalla sappittu vanga.. edhu appadithan.. naanga appave sonnom illa?? Bye
@ 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)
@Masterplease tell me BN developing JNSAR.thanks.
Dear ParimalSince we are in JNSAR long trade we expect it to break 20 and 50 dma. Positive wish
Thank you Sir
@Sujatha,///edhu appadithan.. naanga appave sonnom illa?? 'மூத்தோர் சொல் வார்த்தை அமிர்தம்' என்பது அற நூல்.
Julius - Kanakku "Puli" ramanujame - vanthulum mandaiye pichukuvar :) OK..asandha oru "Kol" eduthu kaiyele Kudupeenga pola??Nifty closing song - என் கிட்ட மோதாதே நான் ராஜாதி ராஜனடா
BN JNSAR-11429 for 27th.
3.00PM TT & Chart Updated.
Julius - looks like it's trying to close abv 5643 to prove it's upward ability??? but will it???
Dear Piyush ShardaMany Many Happy Returns of the Day. May God Bless you with all the weath,health & happynessthat you may desire.
@Sujatha,Candle Price Action 30M t/f shows the same. I quit terminal and waiting for 5650/daylow
Below 5641, correction continues.
aRe we struggling to close above developing DHEMA 5642.However a close above 5639 will help to brign momentum tomorrow. is this correct Ilango?
Ilango ji,Should small longs be attempted at this stage ?? If W3 unfurls tomorrow, it would mostly be a gap up..
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
@thanx harish tahkkar
@ 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.
@ Waquar ,Identify the trend:Reversed from 5543.Identify the quantum of drops during this rise:20-45 points.Strategy:Buy on drops of 20+ from recent tops....."Buy on dips"TILL Stopped out.This is the only efficient method.
many thanks for your invaluable inputs dear sir bye
@Sujatha,Tomorrow My Numbers 5650/5620.A day gone with inside Movements.See u tomorrow - Bye.-Bye All
Thanks ilango ji, have read everywhere trend is your friend, but still get lost somewhere in between, trying to catch tops/ bottoms...
@ Waquar,To catch tops & bottoms, follow the reversal patterns;distribution patternsDivergences 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.
Good evening master & JN familyHappy birthday Piyush ji, many many happy returns of the day.