@masterwhat is the reason to change the JNSAR from 5961 to 5974?asking for educational purposes only.thanks in advance.
Wish yoy a Happy Guru Poornima Sir.
SIR as per support resistance table next target above 6055 is 6082is it possible today itself?
Master,Is the ST Top done here , or near completion ?Any S.MACD Div. visible to u on Hr / 30mins ,sir ?
@Sir,You mentioned in Pre-market:If prices move past "6096", a relook is needed. 22nd July: (Above 6096, iiird wave is sub-dividing) Considering today's price action, shouldn't we consider bullish possibility if we break today's high?
@ anmpatel,Despite closing above "HEmas" in week & Day, the upward momentum is lacking; hence tightening the SAR.
@ shriram,In 2-min, we saw a "Pin bar" & a follow up fall from 6064 top.But it is the "2-min T/F". There are negative divergences everywhere.. Prices should confirm. Until then, keep doing retrace of last rises to manage: Presently, "6004 to 6064."
@masterI also thought about the same!!but u applied it first..thanks again.
yes master, tks but price needs to meet Ovr.Hd Res to see trend-bend6088-6115 NS ideal pts for such reversal ?
@ Sonu,Bias, since open & ORB, has been positive.Weakness would be considered below 6049, aggressively and below 6035 moderately.Presently, "6064" is resisting, the earlier highs.Let the price continue to stay above 6038 & 6049 to remain positively biased.
@ Sir,Thanks. But my question was concerning EW counts. Since we touched 6004 in the morning. 6065 should invalidate bearish counts. Isn't it?
@ Sonu,Relook at 10.00AM EW labeling.
Namaste Sir, My Pranams to you on this occasion of Guru Purnima :)
Dear Ilango Sir & Blogmates,OI Table Update at 1:00PM, Pivot-6050, S1-6026, R1-6067, ATP-6052, VWAP-60526000PE writers have just doubled the addition in the previous 2 hours, 15 lacs in 4 hrs of trade, 6100CE writers not very confident right now…Thanks & Regards
oh it look like my 10.00 am comment went behind spam.Hello Friends,My Nifty Intraday Trade Plan @ Jul 22, 2013VWAP / LTP @ 09:30 - 6022I Buy @ or Above – 6046Buying Stop Loss – 6026Buy Target 1 – 6062Buy Target 2 – 6081Buy Target 3 – 6101Buy Target 4 – 6120Buy Target 5 – 6140NO TRADE ZONE – 6026 to 6045I Sell @ or Bellow – 6025Selling Stop Loss – 6045Sell Target 1 – 6009Sell Target 2 – 5990Sell Target 3 – 5971Sell Target 4 – 5951Sell Target 5 – 5932Buying with up trend and selling with down trend at 2min chart.Entry is based on next 2min candle close above/bellow the entry price. Trading with even lots as 1 half is for Partial Booking & Trailing Stop for rest.Closing the trades based on Targets, SL or EOD, which ever comes first.Options trading based on above table is subjective.System only Hints! Price Act + YOU React = TradeNifty Spot Values & No Fresh Trade after 3 PM.Wish you all a good trading!!
GA sir nd friends :)Happy guru pournima to all. Julius - Can expect nifty movement at any time from now as "i am back" to business. lolz. bell ringing?? hurrey in stomach pa... will fill the gap (in stomach) take rest and see u tomrow..")Have a great week to all.
sir thrice nifty has failed to close above 6060 in 1 hourwhich was the critical level in prev tradeseems selling emerges at this point plz advice what u r seeing in market momentum
Sanjay Jaiswal said... Dear Ilango Sir & Blogmates,6000PE writers have just doubled the addition in the previous 2 hours, 15 lacs in 4 hrs of trade, 6100CE writers not very confident right now…Thanks...
--> backsmelling a fast rise to 6070-88 NS, if 6036 is protected, in next 1-2 hrs
Dear Shriram,Probably even up to 95... cannot deny..
Namaskaar mynac,all fine , i hope ?
yes... quite o.k.
@shriram jiaapke mooh main ghee shhakaraapki baat sach nikle
nice to hear. First n foremost is health !@ Ak: its a suspected bull-flag forming on NS, needs to hold Supports (i.e DHi / St.mnHi , to play out)work out the tgts LT is tanking tho , so choose the entry wid care ..
मयंक भाउआल इज वेल. पाहून बरे वाटले.
New Post Done.
Dear shriram,The reason for second you and Dear Sanjay is that,today there are low cash volumes,and turnover hardly 5600 CR.up to 2 P.M.and PE writers are in full swing..