respected llango sir yesturday you saidOnly if 5540 is breached, we could say a 5-wave done from 5721. and nifty made 5561so if we consider wave 1 is done than wave 2 is retracement of wave 1 which should move nifty in positive direction sir can we consider this or m i wrong pls guide
@ Julius Sir,How are you doing ? Now a days no CAM levels ?
@ALL,Anybody have ND Sir's ATR price calculation sheet??Please send on my mail or make in Jnsar groupThanks
Namaste Ilango Sir & JN Family
For Intraday BNF, 9785, 9780(today's low), 9760 will act as a good support. Until this nos hold, intra high are possible.Resistances @ 9834, 9851, 9870
@ PrithviBuy Zone : From 5474.6 to 5452.35Breakdown below : 5447.9 (stop loss for intraday longs)Breakdown target : 5410.7 Sell Zone : From 5563.6 to 5585.85Breakout above : 5590.3 (stop loss for intraday shorts)Breakout target : 5643.55
guys there are tons of Camarilla calculators out there, just search for it and punch in yesterday's high, low and close...http://www.pivottrading.co.in/pages/advancedCamarilla.phpone such calculator with camarilla instructions.
@Anandha,I saw that but i want to know how to calculate,In ATR chapter ,i saw that but i could not get result
a small bearish WW may be developing in 5min chartspt4 may have been done near 5512pt 5 may be formed abv 5572and trgt near 5445 on monday eod or tuesday morning
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, Pivot-5558, S1-5512, R1-5600, VWAP-5557On a quiet morning, the 5700CE writers are making sure that Nifty should not move above it for the time being, intra fight still within the range of 5500-5600 …Thanks & Regards
@Master,9RSI in oversold zone so is it able to make nifty lower up to 'c'.
Intraday supports for BNF, based on last 2 days price movements.982198089784978097549715
itna sannata kyu hai bhailog!!!
@Trader Junkie Already calculated CAM levels. But wanna wish Julius bcz he missed for almost 3 days. :) May be busy in minting ( or busy with something else)..... :)
Good morning Sir & all blogmatesIt seems correction from 5487 is proceeding in 5 subwaves1. 5487 – 5542 55 pts2. 5542 – 5501 41 pts (75%)3. 5501 – 5561 60 pts ( so far & continuing) (i) 5501 – 5561 60 pts (ii) 5561 – 5508 53 pts (88%) (iii)5508 – 5549 41 pts (so far & continuing)Even (iii) 5508-5544 also seem to proceed in 5 subwaves1.5508 – 5544 36 pts2.5544 – 5512 32 pts (89%)3.5512 – 5549 37 pts ( so far & continuing)I do not about how to arrive at target but roughly it may be till 5590.As per Sir’s green label (iv) is going on from 5487 then it should not exceed bottom of (i) i.e. 5649 as per Elliot wave rule.
Anandha I too miss him.Ravi
Looks like one more ABC done... This time younger brother of yesterday's ABC.5508-5544=365544-5512=325512-5549=37
Cam levels:H5@5594H4@5560H3@5540L3@5499L4@5478L5@5444these are also given in sir's post market write ups.
touching 80% of fall from 5561-5508.
GM sir nd all :)Julius is busy with his personal work will not be available till Monday.regds
Master,First time in last so many days nifty closed above Hema.any interpretation ?Waiting for HHema also to be taken out for contra.
New Post Done.
We are not seeing Parimal also for long time :(