5847 JNSAR + 20 = 5867. Close to 21-Hr SMA...
RAJIf short at 5827 then reversal at 5847
keep it simple
Thanks cooldent, that means max risk to lose at a time is 20pts....now suppose I am long again so where should be the SAR now for me...again 5847-20=5827...or SOH for the day...
Sir, confusion with one of the preferred ew counts in daily and hourly charts (with other preferred as well but want to understand one at a time).Daily chart: Preferred Labeling: 6142 as 1, 5701 as (a), 5950 as (b) and another (b) near 6100 (I believe reason being that wave 2 can retrace retrace till high of 1 but cannot breach it)Hourly Chart: Preferred Labeling: 5701 as 1 or a, 5950 as 2 or (a). I am assuming 6142 as 1.If I combine the preferred labeling in daily and hourly charts, my understanding is:Option 1: 6142 as 1, 5701 as A, 5950 as B and currently C is going on to complete ABC pattern or wave 2. Thereafter wave 3 will start in the direction of wave 1.Option 2: 6142 as 1, 5701 as A, 5950 as (a) of B and currently (b) of B is going on. After this (c) of B will initiate in the direction of (a) to complete B. Then C will initiate in 5 wave in the direction of A to complete ABC pattern or wave 2. Thereafter wave 3 will start in the direction of wave 1.Option 3: 6142 as 1, 5701 as wave 1 of A, 5950 as wave 2 of A and currently wave 3 of A is going on. Again this wave 3 can subdivide as (i), (ii), (iii), (iv) & (v). After this wave 4 and 5 to complete A and then wave B and C will initiate?In all these 3 options, direction is down or already achieved at 5826.Is this the correct understanding of linking wave counts in daily and hourly timeframe or am I messing up things. Please help.
@ raj,,please read http://tradeinniftyonly.blogspot.in/search/label/JNSAR...FOR JNSAR trading, please do not trade if dnt know how to manage...thats an advice..
Thanks Sarvesh jee,will do that, am new in trading so dont know exactly what to do.
@ RAJ,, am sarvesh, not jee,,,please ..and u r welcome! but knowledge first actions later..i am a novice but not a newbie..but still make mistakes and losses..you learn from other's mistakes and learn first
Have you all forgotten...JNSAR Trading in Sideway's Market?
Dear Ilango Sir & Blogmates,OI Table Update at 1:00PM, Pivot-5962, S1-5915, S2-5879, VWAP-5885Nothing much changed from the morning, but some addition seen at 5800PE, and the level could act as support, So range bound moves within 5820-5950 NF for the day…Thanks & Regards
thank u sir, was waiting for a word from u while reading this article..and the same reference appeared..thank you, sir!..lack of confidence is the reason for not taking trades or getting stuck
ilango sir namaskar after a long break of year.
JNSAR sl hits ..right????
Namaskar,shailendra nath mishra.You're back with more maturity & clarity and temperament, I'm sure.Best wishes.
Now long as per Jnsar?
@ ath shri and shree,,yes..but play attention to dhema and dlema also
thanks sarvesh....now sl will be 5847 right?
abc bounce seems complete????
@Master,Is there any alternet Bullish count?
Master is there any other cue which indicates not to go long or reverse position though SL hits with earlier JNSAR short????
This upmove is not so convincing. Looks like preparing for fast fall set-up. But not sure :(. Master/Seniors please help us to study this situation.Thank you.
Master,Could you please explain the "Crane strategy"?
@ Nilesh Patil,Bullish Labeling:5119 to 6143 - 01st wave.6143 to 5701 - 02nd wave done.Alt. Bullish label:5119 to 6143 - 01st wave.6143 to 5701 - A of 02nd wave done.5701 to 5950- B of 02nd wave done.5950 to XXX - C of 02nd wave gets completing.......
again when i go to short?5847? or say any particular level?
@ Fire,Crane strategy:The crane waits on the banks of a lake, and waits for the big fish alone to catch it for its meals, leaving out the rest of the tiny ones.
@Master,1st = 5118-61422nd = 6142-57013.1 = 5701-59503.2 = 5950-58263.3 is on nowIs this a valid count.
JNSAR followers..... position please......SL and long or sl and reverse or sl only.....
Master,Thanks a lot. My favorite strategy then. Taught by you for a long time now via JNSAR & the Conservative trades. :D
Respected Sir,PranamSBI JNSAR please.
Sirji, since, @Fire mentioned it .. why are you not including the conservative trades in the TT? It was always an great help for wannabe cranes :) If you could start that again, sincere request pl Rgds,
@ shree, yes sl for longs taken at 5867 will be 5847 as per jnsar keep looking for resistance around dhema+20 points or so
New Post Done.
sir , can this intra bullish be valid 5701-5949 1, 5949-5885 a 5885-5950 b 5950-5825 c expanded flatnow towards 5950+
--> Back @ last...Seems like winding B is in play retracing 5702-5950 , within that B.b up from 5826 , retracing 5950-5826 ?Alt. B done as : 5950-5826 , & new w3 / C UP from 5826 will be confimed if EOD close is > DhiEMA @ 5902, is the feel
Sir. . For your alt. Bullish count. . Isn't a=c mandatory?That makes c = 5950 -(6143-5701)=5500+Just for learning purpose