Tuesday, June 18, 2013

Nifty Intraday Update-III


55 comments:

sarvesh said...

@ shriram, thank you...will save your words for future reference

rajveerthakur said...

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J.R.Julius said...

L3[BUY]@5827 reached partbooking price@5847.

shriram said...

@ Raghavendra : YES, if "b" is Irreg. Cmin=100%xa & higher fibbos possible

Moot Q : Is "b" irreg. ?? no way to confirm , unless we see extended "c" :-)


@ Piyush:
becoz the WW is a reversal pattern & can deliver humongous gains.. pl read the writeup once.. gues with a keen eye developed, we can identify excellent Reversals if the EW-Fibbo levels match wid a developing WW



J.R.Julius said...

@Prabhanshu ji,
Hope u stick to ur plan.

Piyush Sharda said...

@shriram,

when ww works its like dream. but due to high momentum in trend direction it fails often. i have read the 40 page document . but only few wolfe meet targets and others fail. one way a wolfe trader can overcome this is by trailing. but just imagine if u mix ew and wolfe and try to filter out trades it might be very difficult to practically master the "mixture" . we might miss some good wolfe trades too.i am scared with the complexity of task and not very sure of gains from that

shriram said...

@ S4s,

Asymm. WW often hints @ a ZZ wave up.. if so, the the -WW we are seeing will overshoot of the 1-3 line via C to St. WkEMA ??

Where will u trigger a short entry per the -WW on Hr ?

Jay Mataji said...

@shriram
Jnsar in buy mode and EW possibility in abc ,so long is cautious?

shriram said...

@ Piyush:

WW fails when its pt 1 is formed by a prior ZZ & when trying to REVERSE AN UNFURLING IMPULSIVE WAVE !!

Thats y we need hard no. entries to avoid trying to REVERSE IMPULSIVE WAVES
(had mentioned the check-list too --> Oscill OB/Os , OTM writing, Higher T.f RES / Support)

God lies in Details ... :-)

Prabhanshu said...

Hi JRJ, yes and it paid. Since it was my 1st trade, I was long with 1 lot and kept tsl at 5853 which got hit jz now. Total points earned on 1 lot is 26. I m too happy and thankful to God and all members here. Esp to you, for your guidance.

shriram said...

@ Jay Mataji:

NS > Dev.DEMA , just below Dev.MnEMA & < St.WkEMA
So, if 5800PE OI holds on.. would pay to be cautious bull till St.WkEMA is DOWN

EOW close > 5906 , will be game changing again!

Am not exp. in JNSAR trades, infact wanted to ask Saurav Kundu what he has observed when JNSAR triggers longs , but price is < WkEMA / MnEMA ??

Kiran said...

Bulls strugling at higher levels.

sarvesh said...

@ shriram, thanks to you, part booking was done...this was dangerous one hour..dhanyavaad

Ritika Jain said...

Today Indian Rupee weak it open above 58.00 against dollar and it made low of 58.71 now at 2:23 PM rupee trading at 58.59........... get about indian stock market click on FREE STOCK TIPS
and TODAY STOCK TIPS

sanjay singhania said...

friends nifty will go down to 5600 in coming 2-3days , short at cmp without any fear.

mynac said...

Afternoon Everybody

sanjay singhania said...

buy 5600 put at 8rs only tgt 40.

rajapvt said...

sanjay singhania: Can you please transfer INR 20 lakhs to INR 1Cr, will short and transfer you back the profit amount and keep the capital with me.

bizagra said...

Good Afternoon Dear Mynac...

Prabhanshu said...

1 query:
Today JNSAR=5805 (5825-30)
TOMORROW JNSAR = 5791 (5811-20)
from chat posted by Sir shows in overbought zone.
If ns goes below 5805 today then can we go for jnsar short?
Or can we also buy 5700/5800 pe?

mynac said...

GA Dear bizagra

Crorepathi said...

Please add my account to the list...

shriram said...

@ Sarvesh: congo !

Mynac rao: namaskar, Nifty HVT la kuthe pohochavanaar, himalayaavar ki lanke la? ;-)

sarvesh said...

3 pm close again below DHEMA and HHEMA ..keeping at this level,, sideways move on with JNSAR up..lets see how this ends the day..
@shriram, your timely response was helpful.

sanjay singhania said...

Mr. Rajapvt please have look on 5600 pe trading now at 11

Jay Mataji said...

Jnsar in short side

Prabhanshu said...

Jnsar short triggered

Aditya Jain said...

woff jnsar triggered again?

sanjay singhania said...

i don't think fed will do anything for nifty.

mynac said...

Shriram,
Tashi hi Nifty Amarnathla jaun (5863-65-75)dubnarch hoti :)ata baghu kay hotay te..

Amol Sharma said...

if close below 5814 then. ....

Parimal said...

Amol Sharma
which JNSAR is whipsawed, long or short?

shriram said...

Mynac rao:

mag tar Rameshwaram la bhetu aata :-D

DEMA turning down again, will invite Sell on rallies from tomo

sanjay singhania said...

as i told u earlier nifty is on way to 5600 .

shriram said...

sorry.. jumped the gun

that's not likely to happen today.. close avg price right now is 5824

mynac said...

Shriram,
Tas hi he balas navhatach...tar sooj hoti..:)magchya athavdyat tumhi par 57 chya khali jata ni lagech var chadhayla pahata ...hyala kahi arth ahe ka rao?thod daman ghetal pahije...ata fakt FII ne NF madhye short covering kele tarach,asha ahe...nahi tar punha yere majhya maglya ashi tarha vhyayachi..baghuyat kay kay hotay te...

sanjay singhania said...

i said in coming 2-3 days dear

shriram said...

@ Sanjay: msg was not for u. Pl ignore

Tekki Suresh / any GANN specialists :
June20-22 is Summer Solstice, GANN reversal down ?

rose mary said...

So, what are we carrying now...:)
JNSAR traders!

Note: FED Meet tonight, some decision may be on QE which impacts global markets on either side.

sarvesh said...

avg closing 5823 til now and coming down..jnsar is sar for the day..should shorts be taken to be carried overnight?

shriram said...

hhah.. mynac,yes indeed, pahuyat :-)

Bye all !

Piyush Sharda said...

shriram,
u mean to say point point 1 as abc of zz. in case of previous wave as impulse and running flat is there with truncated c ww can fail . i can contemplate this

PRAKASH said...

price just touched 5805 but didnt close at that level should we carry longs

J.R.Julius said...

@Shriramji,
19/06 could be...

sanjay singhania said...

ok bye all friends but mind it 5600 tgt in coming days.

chetas said...

Avg closing coming at 5817 and falling, near 5ema 5815

huge call writing in 58-6000 ce added almost 35 lakhs, nothing much in puts

Astro wise 19th and 20th is down day lets see what is in cards
(http://marketsmusic.blogspot.in/)



rajan said...

nifty closing abv 5803,still bullish.

Parimal said...

Bernake will be replaced by Obama

mynac said...

Thanks & Bye Everybody

J.R.Julius said...

@Shriram ji,
Check FB - Gann dated tagged.

Bye All....

chetas said...

Dear J.R.J

"Check FB - Gann dated tagged"

share me the secret with me too pls :)

Bunty said...

JNSAR short is not triggered if we apply 20 pts filter, so JNSAR for today was 5825 so sl comes at 5825-20 = 5805, so we are holding JNSAR long.

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