Monday, October 7, 2013

Nifty Pre-Market View.

Two possibilities:
5 done @ 5950 and a correction is on.
OR
"a" done @ 5950 and "b" wave is on.
Both are the possibilities of the 2nd wave. And both are "Down" in ST.
"5835-65" is the support zone(Rising DLEma to DEma)
"5924-30" is the resistances, 50%-61.8% of the fall from 5950-5897.
Strength only above 5940; Bearishness returns below 5835.
It is our intention to move to the next level of learning :- 
Trading strategies & Trading set ups. It will be done by using the studies we have been learning in the most practical manner. It is a way of making you independent in the truest sense.
These resemble our "Aggressive & Conservative trades" but with "How it was arrived at" and are independent of the "Mechanical SAR trading method, JNSAR".
It should resemble the "Crane Strategy" and that would need patience to wait out to enter as well as to exit too.

31 comments:

Nilesh Patil said...

Good Morning Master & Friends

DNSHUKLA said...

Good Mng Sir and Friends.



San said...

Good Morning Ilango Sir and Friends

USDINR Chart Analysis: CLICK HERE

anmpatel said...

good morning master and friends.

vk said...

Namaste Guruji.
Vinay.

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

venkateshspices said...

Good Morning sir & friends

rama balaji said...

GM Ilangoji & all Blogmates

Prabhanshu Raman said...

Good morning Sir and friends,
Sir, what I understood is 2nd wave is in progress and can have ABC/5-3-5/3-3-5 structure. So when you say either 5/A is done at 5950, then we may have down wave as B/3 wave structure. If B, then trade between dhema to dlema till one is breached. But if down wave is in 3 waves then just follow the price and should not be treacherous.
post this we should expect 5/C wave in up direction. If C then a=c should be the target. And then 3rd wave will initiate.
hope my understanding is correct and please someone confirm this or correct me. . please

Squander Star said...

Good morning Master & Friends

yatin soni said...

good morning master & JNfamily

NEVER GIVE UP said...

Good Morning Sir & All Friends.

dharmu mishra said...

dear prabhansu
as far as my understanding sir has told both r possibility of 2nd wave
hence both will show a down fall
from 5701 to 5950 56% of retracement is done for wave 1
lets see which type of correction it turns out to be

R.S. SUNDARAM said...

good morning Ilango sir and all blogmates. During Navrathiri, i pray that everyone gets the blessing of Godess .

Parminder said...

Master ilango and friends,
Good morning to all

Prakash said...

gudmoring master and all frnds

Prithvi Raulji said...

BN JNsar Hit, It is in Sell Mode.

Prithvi Raulji said...

Nifty Also In sell Mode JNSar Hit

amber said...

Sir ILango ji charan vandan and everyone good morning

Ravi Pillai said...

SIR
Good Morning.
Ravi

Prithvi Raulji said...

OMG ,Both JNsar Hit

May be Sure its a 3rd wave

sarvesh sharma said...

good morning sir, jnsar has come at the most favorable sell position(overbought). Do we maintain same kind of stoploss for this kind of position in sell or buy mode or we give it some more room to survive?

shriram said...

GM Master & JN Family,

Have a gr8 trading day!

dharmu mishra said...

respected shriram sir
could u pls guide on bounce at 5835 where the wave is heading towards

m.veerasamy Maruthai said...

Good morning Sir and blog mates

veerasamy

Sachin said...

Sirji,

what might be tomorrow's developing JNSAR?

Regards,

Jaspal said...

Good Morning Sir

jvr said...

Good Morning MAster and friends

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