12:32 PM (1 minute ago)
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Dear ILango Sir!
Hope this finds you & family well. My Gmail id is blocked due to some error & Google will take 3-5 days so i am unable to reply all those mails which are regarding health. There was a lady from JN who mailed me about his husband cardiac problem & when i tried to reply him next day, my id was blocked.
There will be so many mails regarding health bcoz on an avg 4-6 mails daily regarding health from JN. I have no other means to reply all them bcoz my yahoo id do not have their e-mail ids. Kindly do me a favour, inform in your post that all mails regarding health send again our yahoo id atKUMARTECHNICALS@YAHOO.COM. I am concerned about them & not feeling well so seeking your help.
Rgrds,
Kumar
Kumar
43 comments:
Parimalji,
Wipro is coming down.
Any view pl.
Thanks.
@master
when can we say it is start of green (3)?
thanks.
Updated NF Chart (30 min) Possible Resistance 6068, support 6050.
http://www.fileconvoy.com/dfl.php?id=g4c92cd74a082c3bb999199373104cb3d38a6fe4e1
@anmpatel
CMP closes above 6041 and opens gap up 2mw then it is start of green.
@master correct me if am wrong.
@ Bill Gates: Not possible.. office pressure doesnt permit... later in the evening pls
@ ilango ji: how would one approach if NS > 5057 (1.618xA{=5989-6024}+6000) ??
take care longs.
Sir,
is it a perfect sell on rise ?
1. weekly is sell on rise, and tomorrow it should come in to play,
2. Daily also sell on rise, so Hema + 20 = 6043+20, based on that resitance zone is 6043-6063
3. R1 is 6041
4. 80% of the last fall is 6053
all factors coming together, so If I take a short now, what would be my stop loss, 6068 or 6057 ( c >1.618 of a )
better strategy would be stay on sideline now, till it resolves ?
midcap index may start its action now abv 12520
@ shriram,
If "b", it should limit below 6055.
If "ii", it could go all the way upto even 6065.
Only a move past 6069 would resolve it then.
High addition in PE OI & VIX not sustaining 14.16 seem to favour bullish sentiments.
SL as per pre market commentary:
keeping below 6055, "Sell on rises" continues.
@ shriram,
Yesterday's high 6056 is a good Stop.
@Parimalji
what's your view on IDEA?
IT index at 55ema supp in 5 min charts
it may move up again and help ns to conquer abv 6054-57 range
presume u mean *6068 sir ??
Tks master :-)
one more point i noticed is,
the highs connecting 6042 (7th jan) and 6018 (11th jan ), the break out happened above the falling resitance line at 6006 levels on 14th jan, today nifty retested that previously broken falling resistnace line, hence now support at 5990 levels and from morning it is rallying
http://www.marketcalls.in/finance/understanding-discount-brokers-in-india.html
Now very much remembering "DR" ji - nd why he is often insist to go for "reliable broker" :)
aa aavoo.. aa aavoo nifty pls
Nf touched yesterday Value are high ( as per Sanjai sir blog ) at 6073
sir
still the "weekly HEMA + 40/50 pnts plus" is "sell on rises"??? (as nifty has exactly done the same again) is it worth for "aggressive traders"?? and if the close is around DHEMA is the chance for them?? time perrmits. tks n advance.
Hi,
Today morning the JNSAR triggered SELL, do we hold it till tomorrow or close it.
Can somebody please help.
Regards
RR
@ Sujatha,
This strategy has worked well "most of the times". Till the trend is "firmly in place", it is aggressive play and one should apply "Stop loss" promptly if prices reverse above "6056 or 6069".
80% @ 6053 has done its job quite well today.
@ Rajaram'z,
Ilango said...
@ Prasad,
When you find a "Sell on rises" emerges and JNSAR triggers, you could consider selling "on rises" @ reasonable retracements provided "you are proficient in understanding technicals and able to merge them".
OR
You could use a small filter based on the "support zone" emerging....
OR
Simply take the trades and manage with another SAR.
January 17, 2013 at 9:36 AM
A baby 5 done from 6053 to 6026.
Dollar is -50 paisa.
Bad for IT & Good for NF?
sir - sorry sir..donno wat to do positionally?? (still i am not good at positional trading - doing only intra or short term) riding only the retracement levels this month. i closed @ spot 25 level. thinking of buying puts a little if it close below the "bearishing engulfing 6042" (i think that's bearish engulfing) and based on this trading the whole week :P
tks nd regards
Thank you sir, I missed it.
@ Sujatha,
Rising wedge break down for Nifty @ 5985 and for BN around 12500.
Keeping below "6050", the break-down could happen tomorrow.
SIR
PL TELL ME CAN I PROFIT BOOK AND SHORT CREATE IF NIFTY CLOSE BELOW 6050
@Sujatha Sis,
Breakdown karwa do. :P
Master,
Can we hold the shorts taken at 6030 overnight without hedging? Any chances of gap up to skip the Sl?
Please suggest
Thank you
@ murli,
If you haven't understood my exchanges with readers, you must read through "thoroughly"
"Always start trading with these"-8 topics listed at the top right side of this blog.
I want you to be independent to take charge of your affairs. Sooner the better.
Average closing below DHEMA???
Many people think the JNSAR number given here is followed by Master. This is just a system.
It depends on you to take the posiiton exactly at the point.
dont think master is having a conservation, a jnsar and a aggressive intra all in one all the time...
@ Que sera sera,
Take a fresh trade tomorrow, since you are uncomfortable.
That does not mean master do not follow JNSAR..but that depends on other clues long term short term etc....
WOULD THE CLOSING B A HANGING MAN?
adjusted close around 6038, below hr and day high ema, above 5ema, above tomorrow pivot
But a rare directional comment from Master excites me..as a hard core bear...(purely fundamental reasons)
Thank you & bye Sir
Thank you Chetas
Thanks Master,
Half answer lies in the question :)
Illango Sir,
If 5th Completed @ 6069,
A = 6069 - 5989
B = 5989 - 6052
C = 6052 - xxxx
Is it possible ??
Asked because I could not see this possibility marked by you in the chart above...
Market closing above intraday resistance.have a nice day and greem morning and goodevning ji and all.
mkt shld close tomorrow below 6007 for further declinig nifty am i right sir
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