Sir,Hr high ema can be SL for the aggressive sell ?
Good Morning All.
days high ema at 6045 in intraday good to watch out.
SirAfter a good upmove .Selling when hr high breaks gives opprtunity. But needs quick reaction nearing hr lema is an observation
Good morning Master : Is green 5th completed @ 6080
Gm Master......⌚Titan to Rolex⌚Titan : Tuu bhi waqt batata hai,Mein bhi waqt batata huu,Lekin phir bhi teri izzat zyadaa kyu hai ??Rolex : Doost....Tu insaan koo waqt bataate haiAur mein..."Insaan Kaa Waqt" Bataate huuu ...!
For YSS friends Today Swami Sri Yukteswar's Birthday.
Major Swing Top & Bottoms :Nifty Swing Top ( to day 6084 ) Previous 6019 Bottom 5928Bank Nifty Swing Top 12783 Swing Bottom 12188To sustain rally Bank Nifty to cross 12783 is important indicatorBreak of 12188 will give larger correction.
Axis bank is back in support zone of 1455-60 ...
Julius sirCamarilla Keylevels - Nifty SpotH4@6102 ↑H3@6085 ↓L3@6053 ↑L4@6037 ↓ns b/w H3 and L3
a small contracting triangle developing in BN charts12541 is support of lower T/L of triangle patternalso 12545 is 55ema in 5 min charts12670 is res (also probable trgt)of upper T/Lif breaks below 12510 or abv 12680 then may see a swing of 250 points more in BN
Master - Are you looking at any early indication level to identify that BN fast rise set up may not work out?
sorry12545 is 55ema in 30 min charts
SirPlease could u tell the reason for aggressive sell below 6066 Is it because it was breakout point.
@Abhi & Amol Sharma,Previous post master indicated weakness below 6065& about aggressive SELL!
a day of correction, it seems so fartoday falls are faster than rises, does it indicate anything!
Good morning Master, Discipline, Kiran, Ragavendra, shriram, $4$ and everybody.according to pre market commentary the market still in consolidation/range bond mood for positional or swing traders and some time back SBSB said rightly that till the JNSAR is near this situation will prevail.. have good day.
@ IndieTech,Two factors to monitor:As long as 5 dsma does not breach 20dsma, Fast rise continues to have contention.Monitor the retrace of last rise from 12188 to 12694; Holding 12380 is preferable.
@Ragavendraaccording to your last day observation do you think market as seen the high and reversing or it will happen in few days?did your study holds good for HJNSAR?regards
@shriramcan you share the values of 7SMA 7EMA 7HEMA 7LEMAthanks
@ deepak pinto,As per pre-mkt EW's expected(by me) scenario, the last minor rise from 6053 had its (i) @ 6065.40 and hence the breach of the same suggested, a corrective scenario; hence, an aggressive sell.Only below "6019", day weakness would be evident.
probably a -WW may develop in ns charts if lows of 6053(or if dips for a lower low then 6045) is protected then pt 5 may see nifty scaling towards 6100-6110ns levels near eod and then again fall towards 6040 for pt6
dear raghavendraji, sent you a mail please check when your free many thanks
good morning master and friends.
@J.R.Julius I think watching camarilla levels along with catching the bounce at fibb ratios with the help of slow stoch will be a good set up for day trader...whats your view...
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, Pivot-6063, S1-6037, R1-6102, ATP-6064, VWAP-6064The 6100CE writers are better placed till now, but can they make the kill, or chicken out EOD, OI Table is still not weak though…Thanks & Regards
hi llango, a close near 6020 today would also make a bearish evening star pattern. is that correct?
Dear Master .. Can you please suggest elliot count for LUPIN .. Since it's enlisting is final wave going on ??
@Ilango,What would be the target and SL for the aggressive sell ?
Dr reddy , Lupin kissed upper end of price channel .. Cipla wedge in formation ... Pharma sector will soon be on radar ..
@rajapvta/c to your system your last long entry was on 15-4-2013 at 1pm candle close at 5570. amazing man....how do u manage partbook and re-entry for first lot?thanks.
ns facing res at downsloping line in 2 min chartscurrently res at 6068nsif breaks abv it then bulls may gain some momentum
@anmp: re-entry is near 12/34 EMA if RSI & STOCHA are above 50. Part book for 50/100/150/200 like this based on the number of lots. But I have not added this in the rules, it is optional.
@anmm: Currently it is in buy mode, SAR sell not came
Hi Pattern Tradingpls check up with wockhardt which has corrected about 200 pts from top. i guess it is at support level
Nifty spot is hovering around PV at 6060
dear parimal .. as per trendline Support comes around 1730-40 level ..
Thanks Pattern TradingAjanta Pharma: yesterday made 100 points and today retracing by 40- 50 percent
How do i find pharma index in amiborker .. i mean symbol for it ... it has outperformed .. but something is cooking over there ... same is with ITC ..and consumer index...
SirThank u for the answer.6066 also happens to be the breakout point.
GM Master & JN family,Have a gr8 day !@ JRJ : "A large number of day traders swear by their pet indicators, wierd stochastics, combinations of moving averages, mystic pyramid Gann angles and so on."Is it the "poor" stochastics which is wierd , or is it distorted understanding / use w.o understanding that is wierd ? We take full liberty to use RSI / SSto / EMa , purely based on "Mind-obsv" w.o understanding what the indicator is calculating mathematically & then lable it wierd, is it ? Ya Allah ! ;-)
a small +WW developing6054.056070.456054.006068.556053,90
@ rajapvt what was your sar system can u send me.
Nifty: a descending triangle formation on 5mnts chart
Nilesh ji: It is already forwarded by Master to the group mail. If you have not received then Please send a test mail.
@rajapvtcan you confirm a bullish trade in NF on 7-5-13 10.30 @ 6011
@Ankit Solanki,For evening star to be effective, it should close 50% below the body of the long green candle. Hence, a close below 6013 is needed.
Ding A Dong ji: SAR Long came @5976 NF on 06/05/2013 EOD, near last candle closure.
Sir, so far whatever correction happens, is this irregular type to you ?
Bullish engulf in 10 min daily chart on NS
The low since morning 6054 not broken for the third time. So asking.
New Post Done.