Wednesday, May 8, 2013

Nifty gaps up after the break-out & holds the gains.




19 comments:

deepak pinto said...

sir
a interesting set up.
1st chart shows post running correction upmove. very positive. with macd pointing north.
2nd chart shows rsi getting ready for divergence and triggered down.
3rd chart lead indicator divergence and triggered down.
emas closing positive .
what is the future!?

DKG said...

Sir,

Are you looking Hanging Man Pattern in Nifty and Banknifty Daily charts??

nath said...

hindalco breakout of inv H&S

gkm223 said...

good evening respected master,
i will not believe , if master will say we are in 5th green.

J.R.Julius said...

Camarilla EOD Comment : Nifty Spot
Trade#1
H3[SELL]@6062 gave opportunity to get 20+22(tsl)
Trade#2
Aggressive L3[BUY]@6025 [ignored as in shorts]
Safe Entry above 6040 gave opportunity to get
20+30
Over all one had chance to get minimum of 50pts

gkm223 said...

master in the 1st chart, 6112-green col 3, 5477-green col 4, means , means what sir?? please guide, so that my confidence will not go weak. thanks.

suresh said...
This comment has been removed by the author.
Parimal said...

both Nifty and BN have hanging man patterns which need to be confirmed through follow up price action

nath said...

century textiles inv H&S breakout yesterday

sometimesbullsometimesbear said...

Amavasya New moon tomorrow with a solar eclipse.

shriram said...

hahaha..

SB going to become FULL-TIME BEAR ?? ;-)

gunning for a Ultra mega REVERSAL !!

Sourav Kundu said...

Friends,
I am with JNSAR and maa kasam kya return diya hai... such strong trends make my conviction even stronger in the system.... and not worry about the whipsaws... afterall, have we not seen that more the whipsaws... higher the returns!

The beauty is, JNSAR has still not given a sell :) Ride on the long side....

J.R.Julius said...

@SBSB ji & Shriram ji,
http://www.calendar-365.com/moon/moon-phases.html

https://lh3.googleusercontent.com/-rg3JzhXZrGM/UYqRx3ipkaI/AAAAAAAABMQ/kcKRCWtIuaA/w600-h351-no/Pickle.jpg

https://lh5.googleusercontent.com/-qzafF0-h-u8/UYqR0sw8i6I/AAAAAAAABMY/uyJXOQCt6Ag/w781-h393-no/NM.GIF

sometimesbullsometimesbear said...

Sriram not yet bearish, but will move with the ticker. Just an astro checklist :):)

shriram said...

@ SB : yes , just fooling around :-)

@ JRJ: lets hope it clicks for NS Contra guys now ! Fibbo / TL RES zones for this Week are 6161-6270 NS....

gnite !

sundaram said...

Vanakam Master and Seniors,
Pl accept my joining. I wish to learn from you how to trade in Nifty.
Regards,
sundaram.

J.R.Julius said...

@Mr.Shriram,
I never initiated a single trade based on such!
Just shared the link. :)

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