good afternoon ilango ji and friends-arz kiya hai-हम अंधेरे में चरागों को जला देते हैं हम पे इल्ज़ाम है हम आग लगा देते हैं !
Hello Sir/Seniors, Anybody can explain in detail about Dollar/INR value impact on India? I mean to say why market goes down when Dollar appreciate?How FIIs invest in India market?THanks..
Today JNSAR - 5797Tomorrow JNSAR - 5808Current Position - Short at 5797, SL 5817 --> After SL hit, reverse the position i.e. take Long position.Scenarios at Market Closure:1. Nifty close < 5797 --> Short Position continues2. 5797 Short Position continues3. Nifty Close > 5817 --> SAR and take Long Position at 5817, SL 5788 (Tomorrow JNSAR - 20)??
@ Prabhanshu - Keep Posting your View Will help us to Understand the Tables as well .appropriate your help !
Master 2/3/4 july repeat pola irukku..
Tushar said... Hello Sir/Seniors, Anybody can explain in detail about Dollar/INR value impact on India? That calls for a long discussion. Not encouraged during trading hours.In simple words when FII brings money into India, Rupee appreciates and when FII take money out Rupee falls.
@Mr.Prabanshu,I would like to appricite youfor your posts in here regarding JNSAR hit & handling. It will be benefit for most ofthe new comers and also make regularreaders to stick to their trade plan withstrong mind & discipline.*Please continue your valuable contribution.
Hi JRJ and Pradeep, thanks for kind words. I am also a beginner and posting my thoughts what I have learnt here.
Extended/Modified Camarilla UpdateXL3@5825 ↑XL4@5805 ↓*Decide after confirmation with Trendline & Candle Patterns in Smaller T/F. Personal Decision Advised.
If market closes in between 5797-5817 scenario --- short position continues, but hedge it with CE to minimize the loss, if there is GAP UP opening tom...
Thanks RainMaker. Indeed its a vast topic. If you can help me with some links regarding this topic after Market hours, it will be helpful..
Dear Ilango Sir & Blogmates,OI Table Update at 1:00PM, Pivot-5879, S2-5833, S3-5787, ATP-5795, VWAP-5795The PE writers are crawling back, whereas the 5800CE writers are still holding on, downside risk diminishing a bit, but still not out of the woods…Thanks & Regards
Trade Plan Update :Nifty Spot @Short level 5810.Time To Follow & Execute Plan.Short Taken @ NF-5820 |NS-5812Stop-Loss : 5840 NF.
How many were able to understand the "Pre-Mkt View" and able to execute trades based on them????---------------------------------------------------------------------------Nifty Pre-Market View.Treacherous "B" has had 3 gap up/ downs already.Below "5828-44", next supports are @ 5760-80.(Nifty broke 5828 @ Open & made a low @ 5776)Immediate resistances are 5888-95.We left the "iv"th wave completion @ 5904 or 5900 deliberately considering technical reasons at that time but the technical which has emerged now suggests to revisit that possibility. Hence, the "v"th down possibility increases below 5760 (approx).(For "vth wave possibility, 5760 should be decisively broken and that becomes SL for any Longs attempted based on "B" wave completion)
SirNifty seems to be jumping out of triangle. Looks like c of b of B is over at 75.Selling close to 48 dhema looks favourable rr ratio wise.
Hello Friends,My Nifty Intraday Trade Plan @ 08.07.2013VWAP @ 01.05PM - 5796Buy @ or Above – 5815Buying Stop Loss – 5795Buy Target 1 – 5830Buy Target 2 – 5849Buy Target 3 – 5868Buy Target 4 – 5887NO TRADE ZONE – 5795 to 5814 Sell @ or Bellow – 5794Selling Stop Loss – 5814Sell Target 1 – 5779Sell Target 2 – 5760Sell Target 3 – 5741 Sell Target 4 – 5722Based on Nifty Spot Values.Buying with up trend and selling with down trend at 2min chart.Trading with 2 Lots as 1st lot for partial booking & Trailing Stop for rest.Closing the trades based on Targets, SL or EOD, which ever comes first.No Options trading based on above table!Happy trading!!
@ Tushar If you spend sometime on Firstpost's Economy section you will find many articles on USD / INR / FII and their Impact on the Indian EconomyLink: http://www.firstpost.com/category/economyIt would be a bit diffcult to suggest any specific article.
Dear Ilango,Thanks to you i took a buy at 5780(considering a probability of B finishing as a flat)At what closing point (after EOD) will you consider the possibility of B finishing(confirmation point) and C starting?
Shri I Lango ji, apka arth hai ki jnsar short thi fir b hum log buy karte ?? Nuksaan ho jaye ye to theek hai par hum to iska matlab galat trading kar gaye short karke? Comment chaap dijiye, delete na mariyega pls..
Mukesh,agar aap kewal Jnsar ko dekh kar trade karte ho, to apne jo kiya wo sahi kiya. 20 pnt ke filter se aapka stop loss 5817 hona chahiye par abhi tak nifty ne 5716 ka hi high kiya hai.agar 5716 cross kare to bina dare apne trade ko long me convert kar lijiyega.
today market can recover morning loss because of broadly higher opening by European market which open above more than 1% today..... get whole market updates click on INDIAN STOCK MARKET and FREE STOCK TIPS
@ Mukesh Honest...don't criticise....and no question........!!!!!!!!!!
Dear all,Dont worry about Jnsar whipsaws.We at Jn treat it as God but I have felt its feminine and actually is Goddess and takes Bali. The More the whipsaw and blood she has, the more happy she is to give a big profit.So happily give her blood.
Sriman mmarketman ji,aap baat ki disha badal rahe hain, mai sirf apne prashn ka uttar chahta tha aur wo sjkolkata ji ne de diya hai. iska arth hai abhi jnsar to short hi hai na sjkolkata ji?
only that trade is correct where market behaved......and only that trade will be projected......other trade ...BIG NO.........no failure tool here at all....
Mukesh,For a hardcore JNsar Follower the answer is "YES" with reverse above 5817.Twice it has resisted at 5816.
Anyone trading based on the ATR signals. Offlate on observing ND Sir's website, I see the breakdown being removed even though breakdown was confirmed on the site. Are there some rules to be followed for such breakdown confirmation and reversal after that?
Ieon,If I am correct ND sir have made his site automated which takes the LTP feed from Google, so the moment the LTP comes above the breakdown price the site reflects the original plan for the day.
Mukesh honest ji ... aap ki sahi disha achhi lagi.
@amol sharmai think there was an instruction from sir about notinteracting with someone
nifty ATP is 5799
@julius pls check mail
jnsar hits second time a day, is something big in pocket
Master : any view in particularly ew counts on 2 tf ?? Thanking you
below it nifty spot 5791 days low ema. this will be good number to watch out.
whenever markets whipsaws near jnsar,jaiho and critizizm begins,why?learn to trade from tech table,apply your wisdom and trade at your own risks,markets are nobodys slaves,follow your trades and markets with optimum attention,otherwise sit on sidelines and enjoy.regards to all.
Shri D S SASAN ji, dhanyawaad...mmarketman ji jab kabhi I Lango ji baat ko jalebi ki tarah gol gol ghumaate hain tab hum sab samajh jaate hain par mai kabhi isliye nahi bolta kyonki wo samaaj ke liye ek achcha kaam kar rahe hain par aap to humesha par-ninda me lage rahte hain..kabhi unke kisi kaam ki taareef bhi to kijiye ya apko unke kaam me koi achchai dikhti hi nahi??
SJKolkata JiThanks for your comment. If it is automated, then should we consider that the breakdown is active?
shhhhhhhh appaaaaaaaaaa - what a skin???but how come my morning post "disappeared" spam baba on the "job"??
sir - updation ps. tks n advance
huge premium in nifty now.
yes shaking the weak booty,s lolz during whipsaw stay put guys :)
JNSAR SL hit. Reversing the trade to long now
testing times, its hard emotionally
train urself as jnsar robot no emotions easier said than done :) lolz
Mukesh Honest Ji : I am devoted to the theories of this blog only. I never tried to criticised anybody and am a peace loving.
i hear the ed sekyota whipsaw song when in whipsaw mode and be cheerful again http://www.youtube.com/watch?v=LiE1VgWdcQM
Friends,Namaskaaram. Please check the following link http://www.ishafoundation.org/IshakriyaPranamsKumar
jnsar traders , please update on tradei am still short, shall update at 3.30 or when reverse, whichever is earlier
reason is no 5 minutes candle above sl
@ Sujata......remember no short @ L3 in Camrilla..but long......
@Kumar ji,Nice one. One who can control breathcan control his Mind.
Have cut Jnsar short and reversed on this move.Traditionally proved right, 3 times lucky but it always breaks on the 4th time.
sl hits furiously,,
--> backFor EW folk one more possiblity, the move down from 5904 may be developing as an Ascending Trig.a 5904 5761 -143 b 5761 5900 139 -97.2%c 5900 5776 -124 86.7% * done ?d 5776 5901 125 90.0% * inplay ?keep eyes open near 5900 NS for this one to reverse down
jnsar long sl. 5788 any dispute now? anrbody?
@ Mukesh Honest....I never criticized Ilango personally....whenever I raise an issue...there is sentence that this is with academic interest only....
dear sir shreeram ji as u said on friday the TA as EOW now, suggests the same.. 100-200 pts up possibleWk is maintained up 2nd EOW again ) but sir today market took an opposite direction now how u feel what would hv went wrong while reding the technicals on friday i m asking this just for knowledge purpose which can help me in future sir i m sorry if i m asking something wrong pls guide
Trade Plan Update :STOPLOSS TRIGGER @NF 5840 (5820-5840 = -20 Points )
sir, please update TT
@ Jitendra @ last week, EOW close was > 5WkEMA.. & hence Wk TREND was up (or Buy on Dips view to be precise)My feeling is as long as 5776-61 zone is protected on NS, we may get 5900 & higher, hence the view was 100-200 pts up on Wk TAWhere we ENTER Longs (pt of Trigger) though is a totally different story !
sujathasis,jo vada kiya who nibhana padega
@nphino talk since longfine?I came late kya wada kiya hai sis ne?
mmarketman ji, apki baato me dum hota hai par bura na mano maine apko humesha ninda karte hi dekha hai..aap jaante honge ki mai seedhi sachchi baat kah deta hun..
ilango said : stop interacting with "intruders".
Still now Day candle looks like hammer recovery from day support taken at 5775.
Nilesh ji - mein kya kiya?? :P bhool gaya..pls. mail meOK..friends - lot of if and buts as master is "mute" - here is the choice - put "inky pinky ponkey and select: "one" easy way ha ha ha :D:)relax - A new teacher was trying to make use of her psychology courses. She started her class by saying, “Everyone who thinks they're stupid, stand up!”After a few seconds, Little Larry stood up. The teacher said, “Do you think you're stupid, Larry?”“No, ma'am, but I hate to see you standing there all by yourself!”
a real tough day, today!
dear shreeram sir thanks for devoting ur precious time to ans my doubt sir mostly in market time i follow u ad llango sir try to understang what u both say ,sir what is significance of 5776-61 is it because of low of the wk number or fibo retracement number or something else pls guide thanks
@ Julius Ji,Was busy with shorttt term intra dirty trade.Yes Ji. 1000% correct. If we control our breath then we can do more magic.
@ Jeetendra:Even i follow Ilango ji's comments only :-)Anyways, jokes aside.. 5761-76 are Days swing lows & also the 38.2% of the rise 5566-5904See now today how 5DEMA has RESISTED @ 5828, but if NS can close > 5DLOEMA, bulls may show a bounce tomo, rgds
can anybody tell me 21 and 34 hr ema?thanks in advance...
Ilango ji,Another alt for u, Fall from 5900 seems a simple 5wave "c" ?4th in play today & a small fall tomo to finish C.v near 5760 sir ??
@ Shree ram jiwhere is this no 5DLOEMA ?
reminder - simple rule by dear DR-ji & shriram jimkt is going to close below today's OPEN and gng to close below 5 EMA
Thanks Sujata maam
shreeram ji thanks for ur explanation for me llango sir ad u r god of market this blog is god gift for those who want to learn in market thanks sir
@ Suja: true, but nature of todays fall not impulsive yet on Higher Degree.. ideally impulsing waves wud show consistent closes < DLoEMA @ NI3 : 5791
Posting the reply from ND Sir regarding my query on ATR for benefit of all:--------------------It is also written on the site, that this study " advises the above method to be used in conjuction with other trend identification tools like ADX RSI MAs etc."If the EMAs are not trending down and the ADX is not strengthening, then there may be false break outs or break downs.In such cases, the Nifty should not re-enter the trading range and this should act as your stop loss. Or one can maintain a standard stop loss of 20 to 30 points.Thanks
Master : EW guidance pl , closing comments any ??
thanks all...nifty going to close below all imp avg..may close above tom jnsar...when in doubt stay LIGHT...or...OUT.
Today JNSAR - 5797Tomorrow JNSAR - 5808Shorted at 5797, SL at 5817, SL Hit, reversed the trade to long with SL 5797 (this SL is for today)Current Position - Long at 5817, SL 5797. If not hit today, then tommorrow SL will be 5888 (based on 20 point additional filter on JNSAR)These are only my views, please trade based on your rules
Prabhanshu,Excellent work and very helpful contribution !!
Mr. Prabhanshu, it seems you are completely wrong on how you interpreted the sl. SL is based on closing price, the JNSAR hit today is based on day time frame, day closing does matter a lot, since day close is above jnsar so we are still long in Nifty
SIR/JRJ/Sujatha MamI have a similar stake as Prabanshu.Long.But based on my understanding as follows.SAR 5808.So I am long @5823.Please advise if I understood SAR implications correctly.Your opinion and advise if possible will help me for course correction.AwaitingRavi
@ Shreeram sir,thanks a lot sir
@prabhanshuexcellent! stick to ur trade plan. filter the noise...its matter of only 20 point..our goal is to catch the right train. if tom 5788 hit reverse with sl of 5808..or one can short at 5808 with sl of 5828..sahi train pakadana imp hai bhale hi ek station later. ..baki to master hi kuch experts comment de sakte hai...thanks..lage raho..
Mr. Prabhanshu, it seems you are completely wrong on how you interpreted the sl. SL is based on closing price, the JNSAR hit today is based on day time frame, day closing does matter a lot, since day close is above jnsar so we are still long in NiftyJuly 8, 2013 at 3:34 PMIs this correct?In other words JNSAR trades 2 be based on EOD prices onlyRavi
RAvinot necessarily. intraday u need to manage the trades with 20 point stop loss and at eod you see whether nifty is closing above or below todays jnsar and take position accordingly
according to me - nifty spot /future both closed @ CAT ON THE WALL situation. but following DR-jis. rule - am with short if 2morow gap up opening will adjust my trades accordingly. regds
CooldentThank You1 last questionAt EOD NS to be compared to 5808?Ravi
Sujatha MadamDRjis rule Please enlighten me.Naan PhudhiyavanRaviSiramathukku mannikkavum.makkupaiyan
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