@anmpatel,As long as your studies benefit readers, you do not need my permission to post anything.
@masterthank you.HA and OI sheet is posted on our JN group.
If 5504 protected...then upmove ..
This may change One's Life Completely!Hindi Versionhttp://www.youtube.com/watch?v=OMoPpFSefIAEnglish Versionhttp://www.youtube.com/watch?v=p6pDdHxARkc
Goodmorning master and all friends,Bank nifty and pharma still holding the index...Need to see how long ?
@masterplease check mail, when time permits.thanks.
gm ilango ji and friends !just for fun in the midst of running markets-Being an Analyst must be such a nice job. If you are right, you are awesome..If you are wrong, there are always macroeconomic factors!
@anmpatel,As long as your studies benefit readers, you do not need my permission to post anything. ----------------------------------@master... Even if it other blog link can we post ??
GM MAster & JN Family,Simple ABC Flat in play seeking 5540 ?If yes, a big fall is due in the 2nd half of the daycheers
rajiv malik may u pl post thehindubussinessline - market outlook?
@SAM,Blog links are not permitted.
NS in greentoday gap closed
dear friendsI need to understand the gap FUNDAe.g. today NS opened gapping down and then it filled the gap which created at today open, what should be the interpretationSIMILARLY, many of our friends have been mentioning the gap of 5427-5518 created on upside many a months ago and expecting or not expecting this gap to be filled now what are the interpretations, if by the way gap fills down nowkindly elaborate, since i am not so knowledgable in this regardsthanksOM SAI RAM
@Dr.Patel I do remember, requested u to share it. Yeah, i too found it bit sticky earlier, since the data was not updated. So left it unused. Kindly let us know how to update.Thanx
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, Pivot-5538, S1-5513, R1-5560, ATP-5521, VWAP-5521The 5500CE writers have added huge within the first 2 hrs of trade, can be in a spot of bother if NF trades above 5544, else new lows are coming…Thanks & Regards
Camarilla Update : Nifty SpotFor the L3@5515 BUY Partbooking Level 5535Reached. Partbooking & TSL can be considered.
dear hitendra,i did post businessline outlook on nifty last night. still for your benefit and for others who missed it, here i reproduce it-Nifty (5,528.5)The Nifty hit the intra-week low of 5,477 before closing 25 points lower over the previous week’s close. The concern on the technical front stems from the fact that the index has closed below its key Fibonacci support level at 5,600. Next Fibonacci supports for the index are at 5,450 and 5,246.As explained last week, there is a convergence of targets around 5,520 level. The index is halting at this level currently.If this level is breached strongly, the index can next slide to 5,450 or 5,388 level. Short-term resistance for the index will be at 5,610 and 5,650.Traders can play short only as long as the index trades below the second resistance. The medium-term trend deciding zone is between 5,720 and 5,750.As far as the long-term trend in the Nifty is concerned, the third wave of the correction from the 6,338 peak is unfolding currently.Minimum downward target according to this count is 4,984. But if the index manages to hold above 5,300 in this bout of correction, it will keep open the possibility of a move higher to 6,000 again.
@Dinesh Palanichamyit only needs basic excel knowledge only. u can copy-paste daily data from master's file and select data range accordingly. will update it and re-post it in evening.thanks.
@Sujatha,Touched Friday High 5544.50 :D
good addition in 5400,5500 PE and small OI decrease in 5500, 5600 CE. may see some more upside?!! there is number of resistance, 21,34hr SMA, 5DEMA, 5WLEMA, down sloping TL. lets see.
Sir,For conservative trade 5550 NS is only Stop loss OR Stop n reverse ?Thanks
5547 is 55EMA in 30MIN CHARTS
when is the inflation data?
Master,5 wave "C" done from 5500 ??
@ shriram ,It is in its 3rd from 5500 lows.(3rd subdivided into 5 from 5506 to 5555)
@ Abhi,Pre-Mkt:Hence, mild strength returns above 5544.You can opt to use these info./ Use 5550 which was with a small filter.To hold a position overnight, prices must close above 5 DEma. Even in this method, failures happen because of downtrend in Higher T/F.Use the standard 20 points to manage the trades.
tks ilango ji
5563 seems to be resistance on Nifty Spot for the day.Crossing which seems to be trend reversal.
5559abv magic fig of 5555
addn in 5500 ce and pe is nearly same nowgame evenly poised at 5550ns nowwish to see 5604ns now todaychhoti si aasha
Below 5545 weak & Downside and above 5564 upside.
SBI hrly about to make double top formation
New Post Done.
SBI may rally upto 2160. But it could be very slow move with time taking as Nifty also trading at resistance point.People who entered at early levels of 1988-2040 can book partly profits.