Camarilla Update : Nifty SpotCMP@5955 (Mid Point of L3 & L4)Scenario#3L3@5970 ↑L4@5940 ↓Paper Trade/Backtest Rules - 20pts SL - Partbook 1:1 - Remaining TSL using TL/MA
Posted rbi policy details VIZ a viz nifty in the group
--> back smooth fall after -ww is always nice on the pockets :-)@ Master,How are we seeing this fall , currently < Dev. Dhi ?
last fall from 5965 to 5942 has been fully retraced
A truncated c may have been over at 5942
Sir,5937 - 6001 & 6001 - 5942 both are of 5 wave nature. Does it signify anything ?
@ Abhi,They are more like "abc-x-abc".
Rajni time:Rajni once played T20 Maximum-hit competition in Stone Age...He lifted the Lungi casually, hit the ball & said Mind it !Now, that ball has become the Moon ;-)
@ shriram,There is a struggle to keep the prices above "5962-DHEma".Hour -ve div persists but prices aren't closing below either 34 Hr or 21 Hr sma.5860-6020 would be a trading zone till a decisive break-out is seen.We could go on listing out possibilities.EW: Sell on rises till 6001 or 6020.TA: Positional Longs/ aggressive intra shortsJNSAR: Longs.
"EW: Sell on rises till 6020TA: Positional LongsJNSAR: Longs".... Done Sir. Thx :):)
tks master :-)BN is hinting a Reversal on Day, NS not yet !
"5954"-21 Hr sma for 3.00PM.
shriram sir,BN is hinting a Reversal on Day, NS not yet !May 3, 2013 at 2:50 PM how u infer reversal in BN? does it mean shorting at current level?
@ Prakasbkc5DEMA basis boss, hence Day TA....
inside day formation ??
plummeting BN is sure to take Nifty along
@ MASTERAfter Long time its Would be Close Bellow DHEma ( 5962) , IS Sell On rise from EW study also support this now
For NS -->Day up, Wk upFor BN -->Day Down, Wk up..OTM PE OI > OTM CE .... better not to carry shorts.Have a gr8 weekend, bye all !
as per put call ratio at 6000 level not easy to cross this level, Event day gone.
Master will you consider to rebuy being below 21 sma but still above 34 ema which is @ 5928..thanking you
shriramYr blog songs I love (to hear the latest songs that you are enjoying -since links yr giving ) has not been updated and also the other .Pl do the needful.Thanks
ShriramLive from where one can get OTM PE/CEWhat are the rules governing these for longs/shorts/side ways -range etc etcThanks
Camarilla EOD comment :Today is a very bad day for aggressive Camarillatrader. Safe trader with TL & 5mins candle closebelow/above the levels could be saved.Personally Master's 80% mark alert gave insightstoday. As per last week close W.H3@5938. W.H4@6005Weekly close below W.H4. As per today CloseW.H3@5986 & W.L3@5906(lets see whether it takessupport)No position in hand. Have to cross the walls 6020 or 5860. Till Inside Waves.Everyone have a Happy week-end.
@ Bala,Hv made a commitment to self to re-start the blog, but only after i achieve certain trading milestones, which will prove performance. till then we r "enrolled" in JN school, a full time student, plus its fun to hang-out with Ilango !If u love Instrumental Music, u shud listen to Kenny G , magical :-)