BN crosses 13K
Bell curve maths timeTrending > DhIDays top should be @ 6150 , with 6130-70 being the 68% confidence 1 Std. Dev spread
Lessons in EW:The correction that unfolded from 11.30AM to 1.45PM was an "Irregular correction".See its form,a: 6124.70 to 6107.65b: 6107.65 to 6129.05c: 6129.05 to 6115.25.Note the "c" did not move below 6107.65 but ended at 6115.25, pointing out the impatient bulls.
6119 big brekout
Current hour's Open & Low same.
nearby striking distance of 160 points gainas mentioned in the morningOM SAI RAMP.S. - are we in for a dummy count of 6172 seen in pre market trading, converting into reality
Rajan Malhotra said... Good afternoon Ilango ji and blogmates Can anyone tell authentic source of open interest of nifty and bank nifty in market hours and eod
Even the filtered JNSAR @ 6042 has given 100+ points. (6147 done)
if bulls could protect 6129ns then another round of upmove towards 6160 is possible
Lessons in EW:The correction that unfolded from 11.30AM to 1.45PM was an "Irregular correction".See its form,a: 6124.70 to 6107.65b: 6107.65 to 6129.05c: 6129.05 to 6115.25.Note the "c" did not move below 6107.65 but ended at 6115.25, pointing out the impatient bulls. ==============================================Thanks Master i got my answer for truncated (C) :) Pranam..
6500 next move its powerwave
6147 done. Now nifty may see some correction.Below 2128, may see some correction.Now if at all nifty have really an upmove, time wise correction is expected around 6130(+-20) for a day or two.This week also seems to be closing with a new high.
@Master,Hats Off to your objective view and Guidance!! Thank You!!
A +ww developing in IFCI may trgt 30.5-31 tomorrow
TRADING SHAOLIN & RAHUL DRAVIDIn Trade , in life itself it pays to be systematic..See the eg, of RAHUL DRAVID. No where as talented as TENDULKAR in shot-range , or as powerful as SEHWAG, DRAVID still turned out to be INDIA's BEST OVERSEAS TEST PLAYER.Q : Why so ?Ans: becoz he followed a SYSTEMShort ball : Move back & across. Cover the line & then decide to weave or to hookFull Ball : Front foot to pitch of the ball, meet below the line of the Right eyeGood Length ball : Well Left3 simple rules followed with utter DISCIPLINE, time and time again , across countries , against all opposition. And see what he achieved over 100 tests !That must be our AIM as SYSTEM TRADERS :Become a RAHUL DRAVID :-)
Sorry 2128 means 6128 in my earlier post.
@ Shriram,Nice comparison between Stock Market and Cricket!Well said... :D
Very well said Shriram ji.RegardsArvind
Weak below 6130-35.
Illango sir,Just wondering if we should also put the DXY and the USDINR into prespective while looking at the unfolding waves
hi friends some one sent me this... what to say..."wealth can not be earned its created while think of options as a vehicles to the city of wealth, if you don't believe then look at this" http://postimg.org/image/dtdf3lx31/when its a good day then all is well.... hhahahhahhah
@ Vicky,Those who use those charts should comment.I'm comfortable with Nifty, BN & few stocks. It is simple enough & fits in with time available.I do see Dollar index occasionally. Now, it is more than a year since checked on it.
Thank you for the reply sir :)
GA Master, Any conservative trade setup now? also, Master I taken long at 6110 Should it wise to carry tommorrow as JNSAR is 100 below my level?
ilango sir which are those few stocks which u watch??
@ prakashbkc,What is your logic for going long @ 6110...?cos' so many are predicting 6300 & 6500...!!!
@ peg hall,These stock files are uploaded every week @ JN Group.In alphabetical order:Icici BankInfosysRILSBITata MotorsTata Steel.(And my critic briefs me from time to time on few others she manages)
Become A rahul dravid by just following sir....
A 5 may have been done from 5992 to 6152(or 6155) as the "iii"rd wave from the lows of 5970, "i"st being 5970 to 6026.
Minor Fibbo Res coming up @ 6161 NS ...
monthly gartley too finished at 6163 nf mt4...
Master, as I missed the rally And I have seen Lead indicator when remain OB then rally continue most of time. Like this buying at 12pm & selling at 3pm is always nice idea this is my experience
@ prakashbkc,If you want to trail your longs, "6134-36" is the number.
In Cricket, I like Arvind Disilva. Even when team needs to make more runs, he also play systematically, Peacefully and Calmly.Never ever see tention in him. Dangorous batsman at his time from Sri Lanka.
thanx master for reply As always ur hand is needed in this journey.
160000000000000000 points in niftyas guessed wildly in morningOM SAI RAM