thank u master :-)
Got it Master. Thanks.
5880 IS 73% and 5861 is 80% retracement from 5803-6093will any of it lend support????cmp 5889
thank you very much master.:-)
Namaste Sir and all,100 DMA - 5857200 DMA - 5850.The above corresponds with the green 1 marking :)
10184-377 spot is the support zone in BN
Plz one more push to nifty to reach it at 5875
Dear Ilango ji NamasteyThere is clearcut positive divergence in daily charts of bank nifty future. Another it is coming close to POC of yearly profile of bank nifty future. your advise is required at this juncture.
@ Rajan Malhotra,A strict stop @ 10360, attempt an aggressive long for "Intraday only".
For Nifty, "sitting tight" is the only way out. Trail @ 5912 for intraday.
@Ilango ji Thanks for the reply .Where I can see intraday and eod figures ofopen interest of nifty and bank nifty
H3 to L3
thanx master for timely advice
Ho Ho HoN Ram Jiiii....You just couldn't resist coming bak
Its done 5878
http://www.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuoteFO.jsp?underlying=NIFTY&instrument=FUTIDX&expiry=29AUG2013&type=-&strike=-For Rajan Malhotra
Did you take advantage of it....????------------------------------------------------Friday, July 26, 2013Nifty Pre-Market View.Bounces, if any, would have to deal with "5942-71", WEma, DLEma & the critical resistance again.A pause for intraday is possible around 5870-85, 5mth & 30Wk Smas.A close below 5942 would confirm a weekly reversal and a close below 5921 would confirm a bearish "Evening star pattern" in the weekly candle chart.
5857-Wk JNSAR5859-Wk 26Ema5858-MEma.
Cam L3 ..expecting to work here.....
Yes Ilango ji,Did resell today morning :-)However would it be prudent to cover at the pause or wait for EOD pattern to emerge?Thank you
BN holding "10360" & Nifty holding "5870", a small pause..
@ Chandiok,You could either trail it with "5903" or book profits here.Still 2 hours to go and in a strongly reversing market.
BN bounced well
Read as:Still 2 hours to go and in a strongly "trending" market.
yes yes yes MasterI do followed ur path earned money & experienceThanx from bottom of hesrtKeep guiding usA true disciplineMay God bless & cherish u to ur goalsMay God also help me to keep humble
Sir,You mentioned an "intraday" pause. Or can it be for a day? Retrace upmove if Nifty closes above 5890 and then a big fall later?Thanks,Sandeep
n ram, Umar bhar tum Yun hi galti karte rahe,Dhool Chehre pe thi aur Aaina Saaf karte Rahe...
jesse rightly said,, sitting tight is the most difficult job
NF 5916/5923 imp.......one 5 min..must close either side.....to next journey for the day
@ Sandeep Koppula,Once s.macd triggers down, it is very difficult to change the direction though brief bounces possible.Our perception of a close below either 5921 or 5942 is on the way for a week bearishness.Month close is still 3 days away. Month has its tryst with "5858" to confirm a larger bearishness. In the intervening period small bounces possible. Hence, treat them as corrective bounces only.Either one sits tight or part books & trails the remaining. You need to experiment with your style that suits your temperament.See the "JustNifty" icon......have a bird's eye view of things to take the maximum from the markets. Market says, presently, the maximum is on the downside.
Sir,The seagull really gives the large picture. Not to forget your MAP of nifty and the wave counts!Market is the master, and you show us way to serve it !! Surrender to it !! and it will shower its blessings...in the long run !!!Jai ho !
Tatamotors near 100 & 200 DMA
--> backyes satheesh :-) but now a clean -WW short wid possible close <5DEMA.. look for all rises to short !
@Option tradersIs there any free source that can give me Option IVs for stocks options? I need some kind of alert for high and low IV of various stock options for buying and selling options. Thanks.
Tatamotors -what a fall!!!!
New Post Done.
Thanks a lot Sir!"Bird's eye view" keeps it simple. :) Great suggestion Master.
Shriram,The current Low is at the line joining the points 2,4 of -WW. May be a bounce from here :)10 DMA 20 DMA 50 DMA 100 DMA 200 DMA293.32 290.46 293.52 289.67 289.51 Chart updated in gmail group
Respected Ilango can you clarify in your hourly chart of above which indicator used.Thanks in antiipaion.
sir I had cover my short at 5875 which I had made at 5920 now 5910 can I sell again