Yes Parimal, clear Div. on hr TAWaiting for 5725 (channel brk mentioned by Ilango) now to prove it !
Master : certain level should hold..like today you just said 5732 ..that means it shld not breach ? thanking you
Hi Shriramthanks for confirmation, Nifty at R2 zone
possibility of INV H&S pattern developing in Bn and NS charts12240(last high where head may be completedLS had been formed already RS may form for that it may have to dip towards near 11500 levels againsimilar patterns may develop in nifty tooat near 5755 head will be formed and for RS nifty may dip towards 5610nsand this may be completed in next week and then if pattern holds may trgt 6030-40 till 3rd week of may5755+278(ht of Inv H & S )=6033
Master,Whenever free just explain the importance of 5732 so that it can be used to trail trades in future.Thanks in advance,
HHEMA @ 5733 HOLDING AS OF NOW...
Parimal,The thing with oscill Div. is it needs backing of Options OI & Shani Maharaj / Guru -HiEMAAs of now options OI firmly with Bullsso , best to sit on sidelinesand wait for either close > RES @ 5753or Break of channel @ 5725
5732 gave support.
Sir mentioned this level
@nifty5755 kudo meri jaan!!!
2 nd gap filled now last @ 5850.2-5872.6
@ SJkolkata,You'll see 5732 traded in google 2 min chart twice; and it was also the 38% of 5713 to 5745 rise. Of late 38% is the norm.Now raise the critical level for intraday to "5742".
weekly close today!bullet train milegi ke express se kam chalana padega?
Master,All RES are crossed ...
Camarilla Update : Nifty SpotStatus - Partbook - Remaining with TSL.Reached H5.
ha..ha..master just relaxing and enjoying.thanks for evrything u r doing.
Dear JN,i'm going to miss u all for 10 days!tomorrow i will go for family trips.if situation permits me will join JNto watch TT & chat during market hours.everyone, Have Happy & profitable trading.Bye All.
@ anmpatel,You must trail to take maximum.
@ J.R.Julius,Everyone would miss your presence, especially Sujatha.Have a good time.
5760 is day R2. Close above 5780 only invite more high till then..have a nice weekend,
Sir, "You must trail to take maximum."This is an art.But I failed it again (previous was when market gave JNSAR long)in fear of loosing profit.Will try again.Thanks.
@Master Mr.Illango,Thank you sir.
Master: Your this kind of guidance gives a lot of confidence to the newbie's and help them quite. Hope all who are gaining the profits should yell now for the gains....
Sir, Tatamotors cleared 281.65 too !!
sir, can we take agressive shorts at this juncture.
@ Venky,Even if market for strange reasons could fall by 100 points, I would not suggest to sell.It it had held below 5745 & broken 5725 & 5719, YES.Above 5745 and holding 5732, it has indicated big rise. For shorting confortable, let the market get fatter, older and vulnerable to being tripped down; then, we'll sell. That will be like "sliding down in a children's park". Easy & fun.If it breaks 5742, a small sell with a small SL for intraday only.I'll update these numbers; but when there is less time to do intra trading, we close our accounts.
Bell curve maths to Impulsing wave now50-90 pts zone is 5750-5790, 68% confidence zone for Day's high priceFibbo: 50% retrace of 6112-5478 = 5795these may be pt to book out ...
@masteris there any invalifation point of red A?thanks.
Crore - r u ready to buy gold??? trading in commodities too?? it's sell on rise na??Sir - mm..certain "lollu comments" in Mother tongue is enjoyable..i will miss him..but when he joins i will not be "available" as i am going to be busy he can enjoy my "space" too :DSo, 5825/29/46 on the cards if at all my 89 EMA protects..it will protect on closing basis becoz of this 5738 5600 call is bonanza just a couple of days back 45-50 rs. ..mm. i am smelling "who bught" sirji i am coming
@ anmpatel ,Red A = 1st wave;Red B = 2nd waveRed C= 3rd wave.Nifty is still within this A/1st wave; No invalidation is needed for few weeks.This ABC can go even upto 6112 or end near 5850. Hence, no point.
@master, thank you.
Now raise the level to "5754".
waiting for 5790 for short.
Ilango ji,5waves done from 5501 sir ?
chg in O.I in 5800 pe is abv 10lakhs
sirnow 5.3 is on?
sir - freek comes true today itself..marathon run in BN and SBIN...looks like "rate cut" run
Sir,These levels u giving are for Intra trades or overall trend reversal.Pl clarify
@Master,Now what would be the approx. Min Target for 5th?Thank You!
o god give me patience, jai gurudev!
sir 5.1 -5693 to 57445.2- 5744 to 57325.3-5732 to xxxx
@ Shriram,The 5th is sub-dividing:5.1:5693-57285.2:5728-57135.3.1:5713-57455.3.2:5745-57335.3.3:5733- on now...Alt: 3rd wave itself could be sub-dividing, considering a larger retrace of 6112-5477.
@Ilango sir, Is it possible that nifty make new highs of 6320 in this rally ?
Sir should start fresh shorting as wave A might be completed here and wave B down may start.
@ Sujatha,Today I see 5780 is top out. May be next session we may see above 5800 levels.
sir can i be a member of your group?
@Sujatha sis,Jo vada kiya vo nibhana padega.
@ Nitin Kadam,Lets just say 5825-50 is achievable.In the meantime, we trail the positions for "intraday sake" only.
@ Nitin Kadam,Not today...!!!!!
Master,Ur Alt 3rd in progress is a better bet, as if 5th from 5693 was sub-dividing, 3rd i.e 5556-5732 wudn't have Extended w.r.t 1st, i.e 5501-5593, Am in on the right track ?
anandha - NF expecting 5808 where will get down once..but strong crossover will give 5950/6K toonilesh ji - this 5666/60 is vulnerable(i will use this no. upto october month of this year) can buy in dip upto 5738...but for mid term i will watch as usual "89 ema" atleast NF will retrace upto 5851/888 i posted to somebody in this month only. let us see trailing my SL..will exit today..due to long week end
Sir, to clarify wot i meant :-)1 5501 5593 -92 2 5593 5555 38 -41.3%3 5555 5732 -177 192.4%4 5732 5693 39 -22.0%5 5693 5785 -92 100.0% * ideal 5=1 ??
@ J.R.Juliuswe going to miss your "Magic Numbers"Have a good time.
@Master,Not today...!!!!! haha Lolz ;-) Can you please explain logic of 5825-50 ?Thanks a lot !
@ shriram,You're good in maths; Mine more in "looks".Yes., moving above 5785 would compel one to take the 3rd extn..
Master,as we speak ur 3rd is coming out :-)
@ Nitin Kadam,5825=50 was once a strong support and broken after a struggle.Prices would love to move towards such a zone...like iron to magnet.
Nifty 12 points away from ATR Breakout target of ND Sir.
Today was "AK-47"weekend target achieved.Now my belief is that from monday the downward journey shall start for target of 5285-5320Regards
Amazing sir.. u were bullish all along from 5501 , Salute !:-)
NF above 50DMAtomoro mrkt closed
5733-5794, a 5 done.Manage with retrace of 38%-50% only.
nitin - another one from 4770 5825 is 78% retracement expansion is 5829
5771-64 are 38% & 50% must hold....
"Prices would love to move towards such a zone...like iron to magnet." Thanks a lot Sir.
Rumor that surprise RBI rate cut that too 50 bps has anyone else heard this rumor..... newbee's don't trade on this rumor
SALUTES SIRGRAND SALUTESOM SAI RAM
Master,shud we look DOWN for 38.2%-50% of 5501-5794 now ?The 50% (6112-5478) Fibbo zone is Resisting ...
hindalco if close above 94 would be positive for the stock
jnsar does more than 200 points...............as usual no comments
Best way to protect profits is book profits today itself thinking of Long week end and nearing expiry of this series.Market says it make a new high. :) 5800 may be next week.Like we have Psar for trend reversal we have two important days, expiry & RBI news in coming weeks.
@ shriram,Only when we see a bruise first, we'll look for "cuts".
@Master,Iron to Magnet.. Loved it :-) Thank you!@Sujatha mam,Thank You .. !By the way your targets might be very big as always.;-) Just hope your ulata view dont come into play now :P
yes sir, no doubt!Bye all , cu fresh on Monday, happy wkend :-)
@coolcool down. I did it in morning only!
Glad that atleast more comments today, anyone say 'Cheers' for the JNSAR trades profits,,,, getting rich fast, is it not?
anmIm always cool :D
@smothanks 2 u also boss.let me guessing! though against our policyA may complete@ 5825-50. intra week B and again near next week and C may start to change monthly trend and then big 5th!!!stay with JNSAR thaks master, DR and all seniors sp suja sis.
It seems nifty dropped back after touching the lower trendline of the channel of previous upmove (4771 - 6112). It was the same trendline from which nifty turned back last time at 5754
@anmpatelji,which big 5th?
Thanks Sir.Sujatha, I only do ONLY option writing...even in fantasy I don not do anything else :)Have become super disciplined after coming here.
Thank you Sir for your teachings in this week. Learnt a lot and no doubt earned a lot.
Closing is at dot 61.8% retracement of last fall of 5971 to 5480
Illango Sir - this is my first post - have been following your blog for the past 2 months - new to technicals as always followed fundamentals so parBut u r the greatest Guru/Teacher one can have - wish knew about this blog earlier - thanks and hope to learn lots from you and other senior members