@Ilango,Master need some clarification, you know I don't torment you with questions normally :)just couldn't understand when you said Hour and day TA being oversold, as9-hr RSI, is at 54.5, and 10 day RSI- 46.6None of them is hovering near 20, and both the specification for hour and day (9hr,10 day), I use are learnt from your blog only. have you changed the RSI specificationor there is some missing part....I am avoiding..kindly complete the picture, so tweaking could be done if requiredregardsdiscipline
Namaste Ilango Sir & all members.
Good Morning Sir and JN Family !
@ discipline focus,During the trading range, "Lead Indicator(Stochastics)" reveals the oversold conditions.Hour & Day stochastics are in "oversold" zone.Yesterday the hourly spread narrowed down as the day progressed to a low of 8 points,whereastoday, the first hour has started with a 12 points spread.Expansion is closeby.
Morning Master & JN Family,one Possible EW option is a ABC ZZ in play from 5965 , with B now UP.. a 5965 5839 -126 b.a 5839 5886 47 -37.3%b.b 5886 5848 -38 -80.9%B.c has a tgt of 5895 (also the Dev DhiEMA)b.c 5848 5895 47 100.0% ** If DhI resists, we may see a slip to 5750-60 zone vide c, asc 5895 5769 -126 100.0%View is invalid > 5911Have a nice day :-)
GM Blog mates,OpinionIf RBI cuts rate, then does it means +ve for Nifty and -ve for BN?Please enlighten especially in view of JNSAR being in Short mode and BN SAR in LongRegards
ilango sir, is it rounding top in hour chart ?
@Ilango,I am trailing both 14D and 14RSI. 14D has triggered earlier and constantly droping and at 5870 close it is around 67 (i.e. still not reached 50 for a possible reversal).14RSI has also triggered and at the above close it is around 70.
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, VAH:5900, POC-5894, VAL-5888, WVAL:5897, Pivot:5893, VWAP:5897Evenly matched before the RBI policy, can see big move after policy decision…Thanks & Regards
@JN matesPls tell me announcement timing of rbi.Thanku
11 am dear varun
Dear Sanjay there is huge addition in 6000ce, has 6000 level become wall?
What a fall?
rbi leave everyhing unchanged market nosedives
40 points difference between Nifty Dec Futures on NSE (5855 now) and SGX Nifty (5895 now)
Pre-Market View:Hour & Day TA is highly oversold & Week & Month TA is "UP".So, you follow the major trend with a low risk-High reward entry with a small SL."5848" hasn't been broken yet. If it does, there are 5824(Wk.S1) & 5830(5WSma).The low risk-High reward entry is "Here" @ 5824-30 zone with 5820 as SL..
As sir has told many many times before when the number flashes on the screen ACT!!
RBI (unchanged stand) does not surprise the market any more. unless inflation rate comes down and budget deficit is mitigated, RBI will not do any cut, no matter how much Chimbaram grumbles.
@cooldentbhai,Tkhat should be follow
@ Cooldent Sir,Very true but I dont know why my observation is that to buy at ND sirs ATR fear usually grips more.Though these levels are so good buying on ATR buy signal is really challenging.
BN recovered completely from 12212 , now on 12340 in 15 mins ... but will it hold?
Yash and DhanIsnt that what drives the market?Fear and Greed!!
GM Master, Any view on BN. As 12240 broken intraday
5854 is 12EMA. Currently resisting here. How long?
Nifty being resisted @ 5855... a pause if it holds above 5830-36 zone and moves higher.
Ilangoji,5 waves from bottom.Does it make bottom in place?
Is 34Hr SMA resist?
Sir Nifty taken support at S-2 and also the ATR buy zone from 5827. Sensex up by 120 points from the day's low. Bulls like the Bad news.
Ratan Tata Fire,Lagta Hai Unchanged Repo rate se Tata ko aur Mistry ko profit hua hai
@ Arif,It need not be as even a "zigzag" correction starts with an impulsive 5 waves.However, we considered 5825-28 zone as an important support zone for this uptrend and when the prices reached there, the technicals of shorter duration was "highly oversold" with positive divergences.So, we attempt a "long" considering the larger T/F being in UPtrend and a low risk profile.Nifty needs to move past day's high-5883 & 5886 initially and then move past two other key resistances..."5905 & 5937".
Thanks Ilangoji for the clarification.
MACD and STOCH didn't given negative divergence at 11.00 am
Today Price Action Signal posted in JN group for observation purpose.
can anybody help about free charts like google but have live tick in hrly or 30min time frame? we need to refresh google chart every time and live tick only in 2min t/f. thanks.
@Arif,Harry Potter ki duniya me aapka swagat hai.
@anmpatelTry installing below app in google chrome, it will auto refresh the page.https://chrome.google.com/webstore/detail/auto-refresh-plus/oilipfekkmncanaajkapbpancpelijih?hl=en
@stockathonthanks. i have the autorefresh button in chrome, i need some real time tick in 30min or 1 hr candle, means we can see candle forming live with changing averages etc.
New Post Done.