I have replaced Hour JNSAR in the Hour chart instead of Day JNSAR to avoid distractions.
Dear Raghvendra,Thank you for the reply.Rahul
sir has daily jnsar level have been breached
Dear Friends,I have been noticing, whenever the JNSAR is approached or breached, we get many many posts to ask is it, or what now, or shall v reverse and others. Pls see the graphs time and make by yourself weather its been breached or not. Before that, read the post on how to trade using JNSAR. i really wonder why all simply want to make bucks without effort.even if one has to make a living as a clerk he has to be qualified, here you can make nice income only thing is you have to read and understand not a thick book but a small post. Pls avoid these in market times. I too had problems but after u read or keep a hardcopy of JNSAR trading meathod print with u, its really wort it. sorry if i had hurt anyones feelings.regards,Vasudeva
jnsar triggered short.
6230 6234 ... is 50%-61.8% retrace of the last fall from …… 6248 to 6211 80% is - 6241 If weakness is to return, it should be around 6230 6234 Strength gets confirmed above 6234 OR 6241
Sir falling wedge in hourly charts ??
Sir, is nifty heading towards 6180...as mentioned in pre mkt. trading range..
shiva i feel we should just follow the retracement and u will get ur answer
@ shiva ,With the passage of time, the channel support has risen to approx.6190-6200.@ Saurabh,It resembles a falling wedge; One needs to be cautious of "misleading patterns".
Thank you , Sir..
average closing at 6215.2 as of now
respected llango sir thanks for ur update on channel support level
respected llango sirsir should we look for the positive divergence for confirmation of falling wedge
thanks for the updated channelveerasamy