Friday, November 9, 2012

Nifty Pre-Market View.

Corrective for the last rise from 5583 to 5777 is the first consideration;
If that fails, retrace for 5216 to 5815 is said to be continuing.
The current corrective fall is not yet complete; hence the suggestion to "trade the position" and take a view depending on the "supports offered" - this would help to alleviate the pain of seeing "eroding profits due to gap up & downs".
"Trading the supports & resistances" is the "only way" to keep your cash box filling steadily.
Do not have opinions & it is so easy & addictive.
Simply follow...surrender to market rhythm...the rhythm of your choice.
2 min trader - metal
5 min trader - rock
30 min trader - pop
60 min trader - romantic
Week/Day T/F  trader - classic .
Now choose yours.
Some choose to have more than one. But play by the one you've chosen.
For the classic, stay silent;
for the rock, twist & turn.

47 comments:

Nilesh Patil said...

Good Morning Master & Friends

Rocks said...

Good morning sir and blogmates.. Longtime to post..but Im always around for your fellowships

thoughtful analogy^^

saravanan k said...

Good morning Ilango sir & all blogmates.

Rgds
Saravanan

Shradha Saburi said...

Good morning Sir and all the Gems of JN

Thursday, 8 November 2012
TREND OF NIFTY LEVELS ALL IN SPOT FOR 9 NOV 12
JNSAR DAY MAX 5744
DAY JNSAR 5688
JNSAR DAY LOW 5632
VOLATILITY STOP LOSS 5660


WEEKLY JNSAR MAX 5770 -5780
WEEK JNSAR 5644
WEEK JNSAR LOW 5000-5510
NIFTY CLOSE 5739
NIFTY JUST CLOSED JUST BELOW JNSAR DAY MAX
SO POSSIBILITY MAY RETURN TOWARDS DAY JNSAR
BE CAUTIOUS!!!

Posted by Shradha Saburi at 04:01
As yesterday nifty consolidated at 5730 and set to rise but at the nick of time some unusual movements its flight got aborted and could not close above 5743.
Today If it comes to Day JNSAR then it may get some small bounce up, I will act at the nick of time only looking at the other parameters.
My assumption still nifty may go up till volatility stop loss is not triggered after that its upward movement will be considered correction only.
I do not predict but act at the nick of time
follow Ilango sirs instruction strictly.
शुभं भवतु

Bala said...

Good Morning, Ilango ji

ALBELA HOUSE said...

R/Ilango Sir Namaste n Namaskaar 2 all reader's.

NEVER GIVE UP said...

Good Morning Sir & All Friends.

Bhushan said...

Good Morning Gurudev and friends

Just Trade said...

GM Ilango sir and All

Have a nice trading Day

Regards

Suresh

deepak pinto said...

sir
what is yesterdays low.
is it 5693 or 5706
Nse =5693
the fib retrace in TT is 5706
please clarify
Thanks

Parimal said...

Namaste Dear Sir and all friends
have a nice day

amber said...

sIr ILango ji and every one good morning

J.R.Julius said...
This comment has been removed by the author.
Nilesh Deshpande said...

ATR Based Trading Signal

Buy Zone : From 5711.25 to 5697.5

Breakdown below : 5694.75

Breakdown target : 5648.6

Sell Zone : From 5766.25 to 5780

Breakout above : 5782.75

Breakout target : 5813.6

AJIT PATIL said...

Good morning Ilango sir & all blogmates.

Shradha Saburi said...

Good morning Parimal, Nilesh Patil
have you got excel formula to calculate the EMA,
if then pls send me.
this is request for my other blog-mates also.
regds

rajapvt said...

GM Ilango, What is the significance of the numbers that are circled?

sudharsan said...

Good Morning Master and Friends....@ Master weekly and daily T/F is up and nifty closed above daily \weekly 5Ema...then why do we consider taking a conservative sell when higher T/f is firmly up???? thanks in advance

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers.

I am amazed that English language twists, bends and kneels to your order leave alone the market.

Love and regards,

LV

DZIRE said...

Namaste Ilango Sir & all members.

parminder said...

Master ilango and friends,
Good morning to all
Regards

Pankaj said...

Ilango Sir, good morning! The problem is that while we can choose between metal to classic, the markets keep on changing their music on a continous basis, and it never tells us beforehand what its going to play next. :( . So sad.

Debdeep said...

GM ilango Sir and fellow blogmates.

Parimal said...

My Dear Shradha Saburi
Very Good Morning
Sorry, i dont have EMA in Excel.

rajapvt
Dear, encircled numbers are significant milestones for support and resistance.

rajapvt said...

@Parimal: Thank you

Parimal said...

Somebody asked about L&T having H&S formation. i dont see any such pattern on daily chart. rather i see 5th wave started at 1634, if my count is correct.

Waquar said...

Nifty HnS pattern too ??
http://postimage.org/image/579alcf5r/

Dinesh Rishi said...

¶¶¶¶¶¶¶ Good Morning Master and copy to All ¶¶¶¶¶¶¶

Suraj said...

Good Morning Ilango Sir & Seniors

Shradha Saburi said...

आखरी उम्मीद !

sandeep said...

Hello sir, few years back unknowingly i have purchased Relaince Natural Resources Mutual fund at NAV 10rs About 1000 shares. But its growth is decreasing day by day and moreover i am not able decide whether to hold or sell it so please any one guide me about this.
thanks
sandeep H C

J.R.Julius said...

2 min trader - metal
5 min trader - rock
30 min trader - pop
60 min trader - romantic

❤❤JNSAR/DRSAR trader - The Silence of Enlightenment❤❤❤

Swami Shivkumaar said...
This comment has been removed by the author.
Prabakar said...

Namaste Ilango Sir and JN Family

nifty rider said...

i follow 15 min......tats y FLOP TRADER...will have to change t/f...week end task...

SANPOT said...

Good Morning Ilango Sir and Blogmates.
Sir, classical comparison between Classical and Western music. Cannot control my laughter.

durga said...

MASTER,xllent analogy for the T/F.they suit different mental n physical states too.moving between T/F is the ultimate agility one shud have,having mastered the chosen TF..
SOME WHERE i read..markets make u eat like SPARROW N DEFECATE LIKE ELEPHANT..and it could be related to MARKETS phases.GOOD DAY

Nilesh Patil said...

@Shradha Saburi,
I don't have formula for ema calculation in excel format. you may get it from Masters nifty file

parminder said...

Master weekly and daily T/F is up and nifty closed above 5Ema...then why have u consider taking a conservative sell when higher T/f is up.
i do understand that it is for trading the positions but Knowledge is necessary
Regards

DZIRE said...

@ Shradha Saburi

Send a test mail to my id & i will send an excel file to calculate any EMA.

Pankaj said...
This comment has been removed by the author.
Pankaj said...

@J R Julius, good to know about enlightenment. Are you practicing meditations currently? Are you aware of any living and authentic enlightened guru?

cooldent said...

About conservative trade i think sir has already mentioned:

The current corrective fall is not yet complete; hence the suggestion to "trade the position" and take a view depending on the "supports offered" - this would help to alleviate the pain of seeing "eroding profits due to gap up & downs".

Yash and Dhan said...

Good Morning Sir and dear friends

ITradeForProfit Daily said...

@shraddha saburi

I have a excel addin that contains not only the EMA but all the stock market analysis related formulas like ATR ADX MACD RSI TRIX etc.

email me and i will attach that addin to the reply.

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