thanks master for finishing at @6100
2 hourly close below HHEMA.....now latest above HHEMA...+ ORB....but CAM H3 and R1 are against the 6100 tgt...lets's see....
Looks like the 5th is done.Now to see if each previous lows are broken, keeping below 6060.
ORB long entered STOPPED....
master...it was clear on 2 minutes but I was little aggressive with orb long ...
keeping below "6056" would be more practical..
--> backMaster,5th done, bole to iii.5 or v ?OI data , still tilted to bulls
now again long with 6034 sl....
respected sir keeping below 6056 means sl as 6056 and play for downtrend now i m confused sir pls clarify
@ shriram,Yes; even the technicals too.Above 6056, it should continue for higher targets.The last phase could extend...what was seen could be just (i) of the v....!!!!
Carry on confidently, calmly. Bye.
Sir, 3.v is over, now 4 is running. 4 will also behave as 2 with abc Sub waves? If yes then 'a' lows should not be broken?My understanding:6063 - 6037 - 4a6037 - ongoing - 4b??
Bye Master,was seeing Extend. 5th within C.v as follows:-i 5927 6005 78 ii 6005 5975 -30 -38.5%iii 5975 6064 89 114.1%iv 6064 6027 -37 -41.6% * done ?v 6027 6154 127 162.5%Good day to all !
shriram ji - if OI data is favouring whether bulls/bears.. as all will say this is going to happen but suddenly "ulta gap up or down " happening..why this kolaveri?? how u will handle this.. am comfortable with ur 5 EMA fine tuned with mingling.
Looks like we are going to have a hanging man in both daily and weekly charts. 1 Hr more to go.
@ Suja:5EMA on that particular T/f is ideally to be viewed as a RUF guide of overall direction (or u can use JNSAR)Problem with using EMA / SAR stand alone is the LAG is too muchSo we need to add help fo Candles, TL, Oscill & OIAnd some EW if possible, is Cherry on Top :-)
shreeram ji what we should go for keeping sl 5956 call or put pls
i guess given that it seems to be resisting and "potentially" reversing from 6060...maybe v is done ?@ sir ?
Btw, jus updating the set-up from ysday Classic TA: Flag T2: tgt 6060 got done today..Ysday evening's EW discussion back to fore, now further tgts are 6077 & 6114-25 NSSignificant OI Adds @ 6.2k strike CE , indicates that is the best RES for now ..
@ dharmu: TSL used is diff for diff ppl..What Master uses to trail , i dont know really.mine is 34EMA,30m i.e 6011 right now NS (30m candles close basis)
thanks shree ram sir for helping me in my confused stage thanks
I have reversed the trade....
see the price action div. of BN & HUL .. Poora 180 Degree opposites.Looks like FII sectoral churn / re-alloc goin on :-)
6015 or 6075????
NF...6056....6045..decisive.....for 30/40 points
I am with 6015 view...
Trader Vic's 2B PatternT/f 1hr Futures Chart only.
Time for a Superlative boucne+WW on intra, with Oscill ringing.. if St. MnHi / Dev.DHiMEa / 34EMA,30mins is protected1-4 can show 6080 NS .. S4S where are u ??!! :-)
importance of 6034......
shriramjifirst give me 6033 NF....at least
You have some timing Shriram :-)
shriram ji - thanksshree - what is the importance of 6034 pls. tell me
Sujata ..read from update i....
मुझे हैरत है जस्ट निफ्टी के जवानों कि श्री इलांगो जी मेरा मेसिज क्यों डिलीट कर देते हैं और जवाब ही नहीं देते हैं....बड़ी अचरज वाली बात है क्योंकि उनका कद बहुत ऊँचा है trading जगत् में.."श्रीमान ईलांगो जी आप तो स्वस्थ आलोचना को पसंद करते हैं फिर आप मेरा मेसिज क्यों डिलीट कर देते हैं, जो कमेंट बैंक निफ्टी का आपके फेवर में नहीं गया वो आपने चुपके से डिलीट क्यों कर दिया ? मैं श्री marketman जी कि तरह नहीं हूँ जो सिर्फ़ आपकी निंदा करते हैं मै आपके अच्छे कार्यों का प्रशंशक भी हूँ ! आप कितना भी डिलीट मारिये मेरे मेसिज को, पर मै आपसे पूंछता ही रहूँगा कि आपने चुपके से क्यों डिलीट किया, अगले कमेंट में लोगो को बता क्यों नहीं दिया कि ये LOW था सो अब नया LOW ये है..क्या यही आपका आदर्शवाद है?
@ Mukesh which comment you are referring Mukesh
shree - OK;... no time it's closing hrs i am going to shut my system. no probsjulius - தினம் ஒரு திருக்குறள் வர மாதிரி தினம் ஒரு இந்தி போஸ்ட் பாரத விலாஸ் மாதிரி போகுதுப்பா நானும் ஒரு கன்னட போஸ்ட் போட போறென் சாருக்கு
Another probable EW angle to today's price action on NS :-a 6064 6027 -37 b 6027 6063 36 -97.3%c 6063 6026 -37 100.0% * in play
@ Sujata......4th bottom
Highly manipulated markets.Just see BHEL,Lever, Hdfc, Axis, Itc....... all these are super heavyweights and were used in last few days to keep nifty afloat. But now its clear cut distribution pattern in all these stocks.These stocks will see the worst fate cause of throw over.
Time to go guys,Have a fun weekend , ciao :-)
ये वाला shree जी...."Ilango said...I posted this following comment yesterday while seeing the 2 day's 5 min chart and mistook BN's low as 11589. Next minute I noticed the day's low as 11622, I removed the comment.Nevertheless, the message remains valid that smart trader could make good intraday money by trading the supports & resistances.-------------------------------------------------------------------------Ilango3:10 PM (19 hours ago)to me Ilango has left a new comment on your post "Nifty Intraday Update-III": Stock WealthMonday, July 15, 2013BN, holding above 11590, poised to move towards 11940-965 during this week.Author: Ilango | Posted at: 7:05 AM |Intraday res given @ 11760-805.---------------------------------------------------------------Low: 11589.High: 11790.Smart trader gains with supports & resistances. Posted by Ilango to Just Nifty at July 15, 2013 at 3:10 PMJuly 16, 2013 at 10:41 AM"
@ SJ....any rally since 4500 nifty is not broad based.....its old subject..(this 'old subject' comment is not on you but market habit)..
NF wants 6033
@SJkolkatawow.... finally some one raised this act in NIFTY.some successful seniors are started looking at BSE 200 as an alternative.
I have clarified it earlier too; Reposting it again.I hope, "Honest" can go silent henceforth and not show himself here again & distracts people.======================================Ilango said... I posted this following comment yesterday while seeing the 2 day's 5 min chart and mistook BN's low as 11589. Next minute I noticed the day's low as 11622, I removed the comment. Nevertheless, the message remains valid that smart trader could make good intraday money by trading the supports & resistances. ------------------------------------------------------------------------- Ilango 3:10 PM (19 hours ago) to me Ilango has left a new comment on your post "Nifty Intraday Update-III": Stock Wealth Monday, July 15, 2013 BN, holding above 11590, poised to move towards 11940-965 during this week. Author: Ilango | Posted at: 7:05 AM | Intraday res given @ 11760-805. --------------------------------------------------------------- Low: 11589. High: 11790. Smart trader gains with supports & resistances. Posted by Ilango to Just Nifty at July 15, 2013 at 3:10 PM July 16, 2013 at 10:41 AM
booked short.....the trade which was reversed....
@ shree,You will not get your queries answered by me never again.
NF...not 33...but 33.....satisfied....still
@ master.....I didn't rais anything.....
and I was goint to say same answer which is by you that 'It waas clarified later....' but was buisy in trade....
If anyone posts any comments other than "English", it will be marked spam.
a small +WW developing in 2 min charts from 2.10pm.........trgt is 6066-69 on monday which is also res of upper T/L of expanding triangle
Friends,Master's Pre Market View In sum, new highs possible holding "6021"; Below "6021", it is weakness, possibly even a reversal to be confirmed with prices breaking 5993.Exactly, it is stopped and reversed....Hope monday would be the good day ...Have a nice weekend.
respected llango sir thanks for ur step wise guidence today sir as i m a small man with less intellectual abilities hence some times its a bouncer for me but learning day by day by guide always thanks
Hi Ilangoji,Just a query that, wedges occur only in waves 1 or A as leading diagonals and in waves 5 or C as ending diagonal, how does it occurs in wave B here ? Also wave B never consists of 5 waves, correct ??
@Waquar,B have 3 wave a-b-c,it is mnetioned in internal wave (hourlybase) in charts
Any comments directed at me or related to my works should be discussed only in English.I can not read any other languages other than English & Tamil.Hence, Let it be in English.You may continue to interact with your friends in your chosen language be it Hindi or Marathi or Tamil or any other.And they give me "abuses" in Hindi too. Cowards.There is a limit to things.What have I been doing for the past 5 years ?Guys come here and the second day, they want to take up issues with me. I have no time for all these.Neither you have...Let this chapter be closed with this day.
Sir, I am a Daily Reader Of your Blog since before 2 years and act also according to yor guidance.I appreciate your efforts and oblidge with you for my creating wealth It is all your efforts which i carry with me.Pls, take me a member in your blog.My e-mail Address is firstname.lastname@example.org
Respected Sir or dear blogmates,Greetings !What is the difference between JNSAR and J10SAR? Please tell me sir.Thank you
Master and SeniorsI am trying to learn Elliot wave. Pls guide and correct me if I am wrong with my understanding as belowWave 1 = 4531 - 5629 = 1098Wave 2 = 5629 - 4770 = 859Wave 3 = 4770 - 6111 = 1341Wave 4 = 6111 - 5477 = 634Wave 5 = 5477 - 6229 = 752Corrective Waves followedWave A = 6229 - 5566 = 663Wave B = 5566 - 6067 ( Prob. End today or Will be ending soon)Wave C = Will Commence Downwards once Wave B is completed.Further Current Wave B is following below structureWave 1 = 5566 - 5898 = 332Wave 2 = 5898 - 5760 = 138Wave 3 = 5760 - 6067 = 307 ( So Far. It is still going on)Or else below is the correct structureWave 1 = 5566 - 5898 = 332Wave 2 = 5898 - 5760 = 138Wave 3 = 5760 - 6038 = 278 Wave 4 = 6038 - 5910 = 128Wave 5 = 5910 - 6067 = 157 ( Currently On)Apologies for any questions which look stupid. Pls guide.
Sir, I request you to ignore foolish people. They are not worth it.
sir - i never ever hurt anybody thro my mother tongue..just that's for fun if v use mother tongue in a specific slang giving enjoyment and fun that's all. apart from tamilians...if anybody feel bad becoz of my act - my sincere apologies. finally one dialogue sir with your permission"yennaa kodumaa sir" edhu??? mangatha film dialogue. i am a comedy piece here.. now i am piece, piece and peace, peace. no hardfeelings for me.Happy week end to all.
SIRA step in the right direction.This forum has a Mission.Communications can be and must be in a common language only..Using a language of a chosen few is amounting to abusing HOSPITALITY .For all practical purposes it is GIBBERISH for those who are on a mission who are serious whose time is VALUABLE.If You Have Nothing To Do Dont Do It Here.Similarly please block all commercial Blog messages.Ravi
Namaste Ilango Sir & Blogmates, (Bullish: A consolidation day saw the Bulls giving of the gains of the morning session in the dying minutes. Option table though is highly Bullish but higher level profit booking is being seen…: Option Analysis for 19-07-2013Dedicated Option Open Interest BlogDuplicated at Wordpress SiteThanks & Regards,Sanjay Kr Jaiswal
@ Ilango,Should we consider this B wave as Running Correction. Bcz only in RUnning correction B can have 5 waves and move either equal to A or past A.Please share your views on B now. What type of correction is in play ?
@masterare u ok???this is not hsppened in last 2 yrs that u did not update till 11pmgod bless u.