It was suggested for a query from "Puravi": A sell on rises takes the price, often, towards DLEma(5964) or 10 to 20 points below it. (Channel support was pointed out @ 5965 subsequently)
A low risk buy would be "in that zone" where other numbers are also present such as "retracements/ JNSAR/ J10SAR".
"6002-6014" is 61.8% & 80% of 6026 to 5964 fall.
"6012-6026" is 61.8% & 80% of 6042 to 5964 fall.
"5980-5973" is 61.8% & 80% of 5964 to 6007 rise.(Recalculate if new highs @ Open.)
Many possibilities exist as per EW presently.
ST weakness got corrected though Day weakness continues with prices closing below DHEma.
FII's inflow continues; so is the low readings of India VIX. Respect these data.
A low risk buy would be "in that zone" where other numbers are also present such as "retracements/ JNSAR/ J10SAR".
"6002-6014" is 61.8% & 80% of 6026 to 5964 fall.
"6012-6026" is 61.8% & 80% of 6042 to 5964 fall.
"5980-5973" is 61.8% & 80% of 5964 to 6007 rise.(Recalculate if new highs @ Open.)
Many possibilities exist as per EW presently.
ST weakness got corrected though Day weakness continues with prices closing below DHEma.
FII's inflow continues; so is the low readings of India VIX. Respect these data.
31 comments:
Good Morning Ilango Sir and Friends
NIFTY and RCOM Chart updates: CLICK HERE
Very Happy good morning ilango sir& blog Friends.
Namaste Ilango Sir and fellow bloggers.
LV
Good Morning to All
Good Morning, Ilango Ji
Good morning Ilango Sir & all blogmates,
Rgds
Saravanan
GoodMorning Sir and JNFamily!
Good Morning Sir & All Friends.
GM Everybody,
NF O.I.Hardly above 1.5 Cr.should be watched carefully from here onwards.By help of addition It has hidden potential to take Nifty beyond even 6100 in positive environment and vice versa on disappointment in positive news flow.
Bulls are fully aware of the consequences of the same and so only would try their level best to stay above 6020 on Friday.
Let us see..
Bye.
"ST weakness got corrected though Day weakness continues with prices closing below DHEma.
FII's inflow continues; so is the low readings of India VIX. Respect these data."
Namaste Dear Master and all friends
Have a profitable trading day
SGX Nifty 1 point up.
a very good morning to wonderful sir , all my seniors and dear freinds
good morning master and blogmates
Good Morning Sir and all the gems of JN
Many many Thanks Raghavendra for your comments on JNSAR and J10SAR.
Thanks for your acts but not to your results because you have shown initiative to think, WHY?????.
Result may vary this time but we have to see the success rate?
Do not worry! Keep it up!
(why you have deleted the post for two time, Was there any Fear?)
Friends! Shree Ilango Sir had taken the plunge in the darkness to find the way to to the treasure and found most reliable way is mechanical trading that is JNSAR. We are following him but following him you must light up your torch for yourself.
Friends I greet you as Gems, I have confidence in you that you will do it.
Nobody is wrong here. Our aim is same. God is one,only approach may be different.
Money is not product but it is the byproduct of your ACT, so learn process Everybody should have seagull in their mind.
Hum hong Kamyaab ek din!!!!
regds
Good morning master & JN family
Have a nice day !
Good morning. Premium eroded to 30.
Master,
the pattern in 5 min charts..is it a valid rounding bottom?
Thank you
Spot trading above HEMA, but below reversal range.
प्रती,
श्रद्धा सबुरी,श्रीराम,निलेश,
येथून पुढे "निफ्टी बाळा "ची हि सूज आहे कि बाळसे आहे हे लवकरच कळेल.Dr.JNSAR ह्यांच्या डेली चेकअप्स योग्य ते मार्गदर्शन असेलच,त्या मुळे बघुयात "डॉक्टर,"धोका टळलाय" म्हणून सांगताहेत कि "जवळच्या नातेवाईकांना बोलवून घ्या" म्हण्तायेत.. :)
चल बाय... भेटू पुन्हा
Raghavendra
TCS: i shall wait the price retrace a bit, or consolidate around the present level. it has strong ST support at 1260 on technical ground.
ATR Based Trading Signals
Buy Zone : From 5977.2 to 5964.95
Breakdown below : 5962.5
Breakdown target : 5941.75
Sell Zone : From 6026.2 to 6038.45
Breakout above : 6040.9
Breakout target : 6078.7
Parimalji,
pl also focus on Wipro.
Good Morning Sir and dear blogmates.
Mynac :)
हा हा मायनाक
तुमची मराठीतील पोस्ट वाचली ना वाटते कि न्यायाधीसाने केसचा निकाल द्यावा आणि नो आपील
धन्यवाद
Parimalji,
if u hv data related to Wipro,
it shows that it has not closed in red for more than 1 day in last 15 days.
Hitendra
if price of Wipro moves above 21hrsma and 34hrsma we may conclude that 4th corrective is over. since 3rd was an extended wave, 5th may be equal to 1st.
Good Morning Ilango Sir and Seniors
Good Morning master and friends .... TATA MOTOR has made a new high today.. is this corrective rally completed???
Thanks Parimalji,
PL hv data of 21hrsma, 34hrsma & 5th wave tgt.
Morning Master & JN Family,
Mynac --> :-)
U-turn jhaale tari chalel mhana ... ;-)
New Post Done.
@mynac bhau,
Amhala hasun hasun maranaar kay...?
Mast ... maja aali..
Post a Comment