JNSAR followers ..what is position?
Short with a stop-loss of 5923
@ shree it whipsawed twice..i currently hold no position will surely carry a position EOD..shall tell about mine then.looking out how others taking it..sir has taken jnsar as 5923
I think aly and shree are same ID.
@ ShreeLong at 5902 with SL of 5880RS
and Prithvi, why do you think so?
@shree3 whips done so no positions. if close below 5923 will carry shorts...
If it holds 5900 approx., it may be forming a contracting traingle which may break on the upside with break-out level of 5923
I am short in OCT option
I am short with OCT option
this might be final blow
@amnpatel,R U from ahmedabad??
@shree ramjikindly check mail...and rply when freethanks
@pruthviyes. you too?
yes ,at naroda, n u ??
another consolidation day with a close around 5900 or will nifty try to resolve the range by EoD?
@ ANMP : ye to haadh kar di ;-)
No one can come along with us till end except our knowledge and good things we have done to others
@Shriramagain check mail pl..
@pruthviat bopal....tum us paar...hum is paar...infact i have many relatives at Naroda...
Jnsar sell mode
option writers must have been making hell of a money today with this volatility
respected shreeram sir pls guide me regarding any one TA book which u rate the best
thas is the why i have asked about the whipsaw in JNSAR. today so many whips.....Didnt take any trade yesterday.Now today clearly in sell modeThanks to sir to give knowlege....
Dlema again saved
@anmpatelWhich broker service you use??
@ Dharmu:was already discussed on 3rd Sep'13... pls start reading these. Ask doubts only after u hv sincerely read the books, else will not be useful to u @ personal level pls.http://tradeinniftyonly.blogspot.in/2013/09/nifty-intraday-update-i_3.html
And double bottom?? If dlema is not broken now then bo above 5920 with tgt 5960?
And double bottom?? If dlema is not broken now then no above 5920 with tgt 5960?
Prabanshu this also gels with a=c if it is abc correction to downmove from 6142
Choppiness' other name is "b" wave.
can the Call-Put writers at 5900 hold nifty at 5900 levels for next 2 days?
respected shreeram sir going throug it one by one but i thought of best book for TA with ur experience this can save my time sir
Dear Ilango,i had asked a query. Repeating it again here. Please answer if time permits:From EW perspective, You havenot considered the scenario that nifty may have completed only 3rd from 5119 at 6142 and this downmove can be a 4th (channel breach and move back into channel) and a 5th up may be pending. What is the reason for that?
@Master,'b' Means??? 'c' upward pending??
@ Dharmu:every book has something. All r best !
@Prithvi Raulji,I think it's other way around. A was down from 6142...and may be b have to rise from 585X something....and 'c' wld be corrective down...
Aly ,It is that "form" which compels me is the "Preferred one".
respected shreeram sir thanks for each and every guidence
Thank you sir,A triangle forming in 2 mins between 5901 and 5879
@mastercan we label (a) of "b" done at 5938?thanks.
Oct NF with 70 points premium (Respect to current NS)
sir, can shorts carried for tomorrow
@anmpatel jiWhat avg closing nifty?Thanks
Venky,Master make a JNsar and Follow Jnsar,Why should asking this Q??
@varunkumar i am on mobile since jnsar whips!!!in your chart adjest...1min candle and 30SMA average it will guide u...and also tell me.!!
Morning star in making on daily chart if tomorrow happens to be a bullish day.
@ anmpatel jiSorry, I also on mobile.Thanks
prithvi, normally i don't ask but today caught in wipsaws so badly and owing to near expiry bit cautious
Toady was a JNSAR day !
Day - Belt Hold LineLV
at least closing below JNSAR...and master also label this is b wave...
LV.. yes. .correct pattern name is bullish belt hold. .but since this is a single day pattern based on previous 3 day trend read that invalidation happens much. So for more accuracy I took morning star pattern which will get confirmed tomorrow. But I am still learner so could be wrong as well.