★★★ Nifty Spot Intraday Numbers ★★★↑ Buy Zone/Upside : 5920-5939-5959-5978-5997-6017↓ Sell Zone/Downside : 5885-5866-5847-5828-5809-5789Intraday Numbers based on 30 Minutes ORB - Filters may be added with ORB in some special conditions - Levels Clustered using Gann angles for Trailing & Part Booking easily. Stoploss 20pts or swing sup/res in 5 minutes chart or ORB. Personal Decision Advised.
1) Gail about to cross 200DMA2) HeroMotors at 200DMA3) Jindal Stee&Power- LTP 445. 200DMA support at 436.4) Tata Communication above 200DMA,5)TCS at 200DMA.Trade with caution as has been indicated by the Master in Pre-Market Preview. Market is about to top out.
Already I informed in JN that we got a s/w project & work at client site. The estimated project duration 3 Months. Already Postponded 2 times. Works Start from 4th Jan - confirmed. Will not available in JN in coming days till my works done. All I wished to do in JN Blog is Posting Levels of 1 strategy for 1 Month. To Show every strategy will work if we follow consistently by using 2 lot approach & rules which we've done with Camarilla or ORB. I always smile someone says Its not possible to earn from Intraday. Everything is Possible if we choose the right road. If the Universal Source Energy permits we can do that in future with the blessings of Master Mr.Illango.The current situation is I can only post in evening/nights/in Blog or JN groups I think. I wish to say it to JN Friends. But Keep in touch in mail/Facebook/JN Group. With All your blessings, Bye.
Good Morning Master and Friends
jai hind master , dr ji n julius sir n all HAPPY NEW YEAR IN ADVANCE TO ALL
@ parimal your views on TATAMOTOR??
to settle the tangled issue of USA fiscal cliff by modifying tax structure, tomorrow is the last date as previous tax structure will expire. Prez has advised the lawyers to that effect.
@ DZIRE ,There are -ve divergences in weekly and daily too.There is a higher high between 5th oct(5815) and 11th Dec(5965) while the oscillators maintained lower high in the same period.Though prices fell subsequent to the highs @ 5965, they have managed to hold 5840. Hence, the caution in pre-market view.Higher T/F trend remaining up while @ overbought zone. It could remain so for more time too and this needs to be handled using short term swings in daily T/F.The break down and break out may not be euphoric. Why?Break-down, if any, while higher T/F is in uptrend would be short lived till the trend turns down. It is only after the confirmed reversal, sustainable falls is likely.Break-out, if any, while higher T/F is in overbought zone would be short lived as the momentum that was visible while Nifty reversed from "5033" & "5216" would be missing this time.By incorporating different T/F in your trading strategies, you will be able to make some interesting trades and avoid getting trapped in big losing trades.
TataMotors has negative divergences in both time frame of hrly and daily. From the TA of Master, it seems 'c' is about to finish.
TataMotors again: at present price is firmly ruling above 21hr and 34hr SMA. these are providing support.
Thank you Parimal i have booked out on my long position
Good Morning Master and copy to All
Sir ILango ji and every one good morning
Yes Sir...Divergence is visible clearly for the move from 5815 to 5965 however i was confused about the divergence marking done in EOD update. It showed divergence from 5965 to 6xxx move in nifty whereas there was no tick higher than 5965 after that.So i guess there was an error in marking -ve divergence which confused me. Thanks once again.
@ DZIRE,Divergence is based on "close prices only" as we compare it with oscillators derived from close prices.EOD trend indicator chart shows two peaks almost identical @ 5930 while oscillators have a clear lower high pattern. It suggests of "weakness" and accordingly, weakness is persisting & continuing.Such divergences have started to appear in charts owing to the widespread knowledge of potency of divergences and its following among investors and traders.
For the day, new high possibility exists as long as "5888-5894" is held during corrections.
Presently being resisted @ 5918(80%) and falling.
BN breaking past "12505".
This is an old video, by one of the turtle traders "Russel Sands" (for people who don't know turtle traders - http://en.wikipedia.org/wiki/Richard_Dennis ) Just watch this and see the similarity between SAR. Sharing this for people, who have conviction in SAR/Trend trading but get disheartened or lose in whipsaws. Hope it helpsRegardsdisciplinehttp://www.youtube.com/watch?v=-HOIetbS1MI
good morning master and all friendssabar karo yaaro......ye to purani chal hai....DR ji aaye aur BN breakout!!!
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, VAH:5951, POC-5942, VAL-5933, WVAH:5914, Pivot:5948, VWAP:5949Evenly matched day till now with small edge to the PE writers around the 5900 level…Thanks & Regards
how to download JUSTNIFTY TA FILE
Thanks Sir."Applied Knowledge" is making a difference here.Regards
alpha.betago to GoogleGroups, there is JustNifty where the Master posts TA files. you may request Master to enter into JustNifty Google Group.
The formation symmetrical triangle is showing investors are +vely biased and on a verge of possible upside breakout .....Please let me know if i m wrong??
Master,Can you please provide access to me as well.Regards
:) thanks master, I didnt see you have already provided.
Thanks ParimalBut how to become member of JustNifty Google Group.
To join JN Group, send a testmail to me.
alpha.beta for getting an access you may please make a request to Master Ilango.
leading indicator (hourly stochostic) saw breakout last hour but prices contd in channel.....
sirpl give email ID.
@mastercan we taken this as a future indication of breakout in hourly t/f?thanks.
Dow uncle currently on 3rd wave down.
master i have send testmail to your id pl check it.
@ anmpatel,Nifty resisted @ 5918(80%) at open.It needs to hold 5894 or 5888 to keep this break-out possibility.If fails, it could lead to break-down.
New Post Done.