anmpatel said... @stockathon thanks. 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. December 18, 2012 12:00 PM You can download Demo version of MT4 from GCI. You will get Nifty futures charts live there all time frames and couple of other stocks as well
sir,one doubt...now as nifty price is trading below WHEMA so does that mean weekly also now in trading mode or weekly will turn to trading mode once it closes below WHEMA on friday
@ shivanGupta,Weekly upward momentum diminishes with a close below WHEma on the "last day of the week".There was an attempt last week & even closed below it on Thursday but managed to stay above it be next day, Friday.This week, it has been trading below it mostly. It is an early sign of weakness. However, a likely reversal in day T/F would alter it for 2 or 3 days. So we wait for today's EOD signal for ST strength failing which, it would indicate an "impending weakness/ bearishness".
@SGweekly levels only confirm on friday clsoe.
Dear Ilango sir,If possible pls answer that JNSAR is continously giving sell signal and you are favouring buying why so....
ups...master replied it already.
aab kya hua hai????
@CDG JNSAR hit hua.....
Ilango ji,UTL breach ! CT confirmed ended @ 5823 ?
Ilango Sir, you are simply great!!! (market bounced like any thing)
Nifty almost touched ND Sir's ATR Buy Zone and now also touched ATR Sell zone.
what a fall and what a rise. that is called share market!!!
@ abhinav,JNSAR is a mechanical SAR method.Experience in the "Applied Technical knowledge", "Elliott wave study" and most importantly, ""having been duped by the market on innumerable occasions in the past", I have become "reasonably objective".I try my best to put forth the first unbiased views. More I linger on to study, doubts & opinions start to creep in. And the moment you discuss it with another, you start getting influenced.Stay neutral.Stay alone...as this journey is quite lonely but richly rewarding if you follow the rules.
anoher BN hundred on recovery
great sir,What a trade u posted sl 5820 and buy nifty..bang on...
Nifty must sustain above 5888( UBB) at 1pm for the uptrend to continue.
Sun Pharma on a bing on the back of consolidation at 700. it is one of the few fastest growing (35% YOY) pharma companies in the world.
Good afternoon Sir and friendsJNSAR also has triggered with Day.5D between 25-35. I just hope the bulls follow through and take us to new year high's.
@parimal,Sunpharma just broken out of a triangle in Wave 4, don't take long positions now as this is in all probability the last rally before a correction starts in it.
Waquarthanks for the note of caution. Sun Pharma is good for long term 'investment' which i wanted to convey.
@ ilango ji,One more Bearish EW possiblity for ur review:b played out as Expanded FLAT ??a 5965 5839 -126 b.a 5839 5886 47 -37.3%b.b 5886 5823 -63 -134.0%b.c 5823 5895 72 153.2% ** DONE ??If so, C will go down again seeking..c 5895 5769 -126 100.0%Pls have a look , rgds
ns may dip towards 5872 to form pt 4 of a small bearish WW patternthen may move up again for 5905-10 range (pt5)and will dip down tomm towards 5866(pt6)
1 more Golden Sentence Sir " Stay alone as this journey is lonely but rich and rewarding if you follow the rules". Simply Great....
As per JNSAR remaining SHORT. OK Master?
Resisted at Week Pivot 5895.
@S4S and shiram,your view make me troubleBut fully taken long with master
Dear Ilango Sir & Blogmates,OI Table Update at 1:00PM, VAH:5900, POC-5894, VAL-5888, WVAL:5897, Pivot:5893, VWAP:5890RBI came and went away without doing anything, the market tanked, but the responsive buyer took control and 5800PE is THE BASE…Thanks & Regards
1:00 pm close NOT ABOVE JNSAR ????
confusion as to go LONG or SHORT as JNSAR is being breached frequently both side. Sir, comment please
Nifty retreating from ND Sir's ATR Sell zone.Also breakout and breakdown targets almost negligible and seem to be squeezed out by today's trading range.
23.6% retracement from 5823 to 5896 at 5878.
@Kuheli,JNSar ,Jnsar ,Jnsar,Are koi moving avg bhi dekhta hai kya,Master said oversold and 4th tgt also achived so only buy emerge
Master already shown on chart JNSAR if trade below green zone of RSI is more favourable. Also Master always talk JNSAR trade only on EOD basis or 3:00pm close
who were the buyers at 5860 ?
@NDjinifty ko thoda upar jaanedo bhai...breakdown trade baut kiya aaj jara breakout bhi hojaye please....ha..ha..ha..(timepass)thanks.
@Kuheli,lango said...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..December 18, 2012 11:08 AMI think this is sufficient to take a trade.
@Buy & Sell Nifty: Not me?
As per the comments density, can we assume that most of the traders here are bearish?
Is Any dip toward 34Hr sma is Buying oppourtunity?
@rajapvtdo not count me in bears...
? Inv H&S Pattern of Tisco on 60 min chart, neckline at 415.
Illango Sir,As per classical TA, There is developing Bearish Head n Shoulder on hourly Chart with NL @ 5839 & Head @ 5965...Does that indicate 5 waves completed @ 5965 and we are in large correction to 5713??
@anmp: that was general observation made earlier, not specific to individuals.
@rajajiwhen everyone is over bearish...market reverse...when everyone is over bullish market reverse.....old dictum!!!
(v)th wave from the lows of 5823 is underway."5905" is the 80% of 5925 to 5823."5937" is the 80% of 5965 to 5823.Around 5905, it could pause unless the waves are sub-dividing...
New Post Done.