Wednesday, December 4, 2013

Nifty synchronizes "Sell on Rise" signals of all T/Fs..


137 comments:

Ilango said...

I will not be available on 05th & 06th and updating will not happen.

I'll "try" to update EOD posts.

If not possible, I'll update JNSAR in JNGROUP.

Nitin Kadam said...

@Master,

Any Particular view for election poll results :)

Like u specified in budget ..

Thank you ! :)

Pattern Trading said...

Good evening master and blogmates..

Chart patterns for couple of shares : Click here

sometimesbullsometimesbear said...

Semi Final 4 goals to 0....:):)

Gaaaaaaaaaap up tomorrow...:):):)

Prasad said...

Seniors,
GM.
Pl try to keep the show running in Sir's absence.
Regards

ankita said...

good morning to every body, as sir suggested earlier, 6229-69 have cluster of resistance, 6269 being 80% retracement, a five may be completed near 6270 zone, these are to be watch out for.

shiva said...

good morning, Sir and friends..
thanks satheesh mam..
regards

Sanjay Jaiswal said...

Good Morning !!

NIFTY will open gap-up around 6260-80. Trading above 6260, NIFTY may target 6280/6310; whereas trading below 6230, NIFTY may shed opening gains.
A positive trending day ahead of on anticipation of favourable State Assembly Election result is likely to be unveiled.

Wish you profitable day.

NIFTY SPOT TECHNICAL
Current Spot: 6160.95
Pivot: 6173
5DEMA: 6163
10DEMA: 6141
20DEMA: 6128
50DEMA: 6045
RSI (14 days): 54.02
Parabolic SAR: 5983
Supports: 6138 - 6114 - 6078
Resistance: 6197 - 6233 - 6256
Day Range as per Option Table is 6119 - 6225 and as per VIX is 6084 - 6237 with 6173 as the Pivot.

Nifty Future VIX Range: 6142 - 6284
Nifty Future VWAP: 6220.33
MP Values Nifty Future: VAH - 6240, POC - 6222, VAL - 6204

More at MarketPulse Blog

satheesh said...

88.6% of 6343-5972 is 6300.82.
Today's current high of 6296 - @ Day channel and Hour channel resistance

Karthikeyan S said...

Good Morning,Master and seniors

Raghavendra said...

Good Morning All,

Nifty sustaining the Gap up and testing Week R2 price range.

Clearing 6310 ( Month High EMA + 100 points ) , prices will target Month R1 @ 6355 and Week R3 ( mid-point ) at 6381 prices ranges in days to come.
Raghavendra

Prasad said...

Seniors,
Five completed at 6300?
5972-6122
6122-6030
6030-6228
6228-6150
6150-6300.
Pl comment and also correct if interpreting wrong.

vk said...

Namaste Guruji.

Manish said...

Dear friends,

Sir Ilangoji is away today. For those who needs technical values i have found one site for daily updating data till sir update the post.

See here - http://www.marginmoney.com/2013/12/india-nifty-50-daily-technical-analysis.html

Will wait for sir to update EOD post.

suresh said...

ns bearish < 6265 tgt 1=6240
nf bearish < 6305 tgt 1=6280

kumar said...

Anybody know what is the developing dhlema

nissan deka said...

To the 2 people who made a difference in the last minutes of trade yesterday. A VERY VERY VERY BIG THANKYOU. ILLANGO sirs comments """ 6160 bottom support of the channel""""". I bought just there, and SAN for giving us the updats on BNS""" Testing 200 DMA""" in the morning yesterday. Once again a VERY VERY BIG THANKYOU

nissan deka said...

We r above all DMA"s etc. so be careful. 6269 n 6230 will be key supports. Mrkts hopefully on a NEW HIGH spree by tomorrow

ITradeForProfit Daily said...

@Kumar

Current DLEMA 6179
Current DHEMA 6229

D.S.SASAN said...

Good Morning Sir, Seniors
and other Blog mates.
Today Seniors more contribution will be appreciated.

nissan deka said...

mrkt testing 80% fibo of todays rise. weakness IF ANY will return only on the break and not being able to sustain 73.6% fibo levels

Parimal said...

Nifty TA file 10 AM charts updated and posted on GoogleGroup

nissan deka said...

guys in da absence av Sir lets have a contest. How many YAE"s for MRKT WILL MAKE NEW HIGHS. How many NA"S for MRKT WILL NOT

nissan deka said...

Hello boysssssss n girlsssssss. lets keep da noise happening yaaa. Sir wouldn't like it Quiet in his absence.

Chetna Jethi said...

one thing that is to be kept in mind is ..month, week and day all are sell on rises,,though it can resolve it in opposite direction of buy on dips by EOD...nifty has added 80-100 points to MHEMA and month in sell on rises. can it be and oppurtunity to sell here around...but then there is a clear breakout too. shriram please add to this confusion to make it clear

ITradeForProfit Daily said...

Weakness only on breach of open low same 6262.

This is not to time to sell strength as a decisive up move might just have started.

gs said...

@nissan good trade that one...
market making new highs unlikely imo so my vote NA ......

gs said...

thanks sanjay sir for detail guidance ....i always follow your words

hoping seniors will keep the blog active

jay shah said...

dear seniors and freinds any site where i get get free monthly stock charts for previous years

Raghavendra said...

@ Parimal ji,

Long time sir - I hope you are doing well.

Raghavendra

satheesh said...

Fibo Retracements for 6150-6300.55:
23.6% - 6265
38.2% - 6243
50% - 6225.28
61.8% - 6207.5
78.6% - 6182.22
80% - 6180.11

satheesh said...

@ jay shah,

Chartnexus

Raghavendra said...

@ Jay Shah,

You can try icharts.in. Need to create a "log in ID " and its free.

Log into the site and click on "Charts premium" which gives option for "Free stock charts" with past 10 years charts in Day - Week - Month" time frames along with 10 Indicators.

Parimal said...

Hi My Dear Raghavendra, I am just fine, wish you all the best, kind regards

ITradeForProfit Daily said...

new high if able to sustain above 6286

shriram said...

GM Master & JN Family,

Possible labels , are hi-prob:-
i 5973 6122 149
ii 6122 6030 -92 -61.7%
iii 6030 6228 198 132.9%
iv 6228 6150 -78 -39.4% ** done ysday

Since iii was NOT EXTENDED wrt i, there is a v high chance of seeing a WAVE EXTENSION in "v"

Typical tgts for v = iv + (0-3) X {38.2% - 161.8%}

For simplicity's sake, and to display how to use Fibbo guidelines, lets recall the guidelines of Impulsive Motive waves
1. Often time 1 sub-frac will do an Extension wrt the other 2
2. The Extension often does > 1.618 x the smallest sub-frac

Going by this guidance, the MIN. Expectation for v is

v 6150 6401 251 (at this pt v = 1.618x i,)

Pls note for this label set , Extended v can do even 1.618x(0-3) = 6563

And that is why it is very difficult to CALL THE NED OF A WAVE...



Never ever trust an EW LABEL, keep it FLOATING & TRAIL TO PROSPERITY !

have a nice day :-)

tanayb51 said...

@satheesh , parimal & sanjay, thanks

jay shah said...

many thanks satheeshji and raghvendraji will look into both

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, Pivot-6212, R2-6281, R3-6350, VWAP-6320

The Huge Gap-up has not got the authority of the PE writers for the time being as addition is still lukewarm, though the 6400CE OI has crossed 52 lacs and now is a huge resistance…

Thanks & Regards

D.S.SASAN said...

Thanks Sis Satheesh for actively helping in the absence of Sir.

nissan deka said...

I booked all my trades on HIGH. M holding BNF Putts now. lets c. my view as follows. 1st wave on BNF 2day high was 11707. 2nd wave high was 11724. Now if BNF is not able to sustain the high of the 1st wave which is 11707. then we r likely to see a FALL

nissan deka said...

and I keep my SL at high of 2nd wave which is 11724

SKS said...

hi all

What was JNSAR suggesting @ closing yesterday??

SKS said...

master was suggesting closing below 6164 weakness

anmpatel said...

@nissan deka


pl do not post ur trades here.


thanks.

tanayb51 said...

Friends, I've just become a member of JN gr. Could anyone tell me how I can download nifty TA
file from stockwealth blog ? On clicking link,blog can be viewed,but file(spreadsheet)
can't be downloaded.

Jagan said...

Namaste Ilango Sir And All

@SKS
It was a clear buy. JNSAR 109, closing 6161. it is in buy for the past few days.

Magesh Waran said...

Very sure that we we had missed you a lot on this 5 th & 6 th, its an important day, kindly guide your followers, it will be very useful, we are expecting to keep a long tarvel with your thoughts, thanks

nissan deka said...

AMpatel. Apologize for da same

Prithvi Raulji said...

Electiom Result Effetct

Public Wt want??

Parimal said...

Nifty TA file 12.00 o'clock charts updated and posted at ggogle group

shree said...

6341-6184=157 38% =60 =6281 ..done

shree said...
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shree said...
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shree said...
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Aly said...

EW query:

does the fall from 6300 to 6266 looks like a leading diagonal with 6266-6282-6271-6281 as an irregular flat?

Prithvi Raulji said...

Breaking of @6270 , Will make a New High

shriram said...

@ Aly:

Generally in LDs , the 2 no.s ABCs r ZZs not Flats

Prithvi Raulji said...

Now It is Break, Yes It make New all Time High

Aly said...

thnks shriram. my flat is not part of LD

wrt ur labelling, u have assumed iii to be shortest. Is it possible?

shriram said...

@ Aly:

U said..
"does the fall from 6300 to 6266 looks like a leading diagonal with 6266-6282-6271-6281 as an irregular flat?"

My understanding of this statement , was the move 6266-6281 is being counted as a 3wave within a LD,

What are u saying now pls? Am not getting ur label.

As far as my simple eyes go, fall seems a ZZ wid "b" as u hv labeled, or may morph into a WXY

Have to see how it reacts near 6229-6243 NS

Badri said...

thanks satheesh madam.

Aly said...

@shriram, pls ignore my second line. It was a mistake

nissan deka said...

guys can anyone tell me the MEANING OF A """" FLAG PATTERN"""". BNF is behaving dat way and forming a FLAG PATTERN.

shriram said...

@ Aly:

thats ok. so ur seeing the fall as a ZZ / DZZ or somethin else?

sarvesh sharma said...

@ aly,,,rather than a LD it looks like more of a down sloping channel to me with support around 6240-35 zone ..may complete a zig zag and move up again..lets see..only time will tell...

Aly said...

@shriram,

to me it looks like 1/a done at 6266. 2/b at 6281.50 as irregular and 3/c ongoing / completed at 6247.

If breaks below 6247, i think it can go upto 6225 50% retrace and 1.618 of fall from 6300-6266

Aly said...

@sarvesh,

yes it can. i believe chances of going up are higher if crosses above 6263 but am not sure and will sit out till it goes above 6282

Raghavendra said...

Dear All,

Developing candle pattern so far for the day is "Shooting star" pattern.

Raghavendra

brijsolution said...

Nifty above 6280 agin upmove can see..

Below 6280 intraday weakness

nissan deka said...

shriram any insight into a FLAG PATTERN on BNF ?????

nissan deka said...

its actually A FLAG N A POLE PATTERN

shriram said...

@ Aly:

looks good.. am trying to see simple ZZ thus..

a/1 6300 6267 -33
b/2 6267 6282 15 -45.5%
c/3 6282 6247 -35 106.1% ** done ?

Will know if we can brk out of the Intra suspect ZZ Channel @ 6265NS

else.. C may be sub-dividing down seeking DHiEMA / Fibbo zone of 6225-29 NS,

anything below that is prolly a Diff wave, (as C will be >> 1.618 x A) !


sarvesh sharma said...

@nissan ,all chances of a bull flag till it hold s6210-05 zone

shriram said...

@ Nissan deka :

possible.. confo is once BN trades > 11668 spot convincingly.. pl read MAGEE or ALEXANDER ELDER for CLASSIC TA patterns

Social Media Earthworm said...

Thanks Shriram , Shree , Aly, Sarvesh , Prithvi sirs ... it is a great learning class , group learning .. please keep on doing ... no tip or book can give such real time insights .. and explore all possibilities

Aly said...

@shriram,

I also agree. below 6225, i would be rather inclined to view this as 3rd down

seems to me like 3rd gap-up from 5972 lows. 3rd gap-ups are typically exhaustion gap-ups which lead to the gap being completely filled

also i think the markets have moved up on the basis of exit polls which themselves have failed to establish a common view. so people may use this gap-up opportunity to sell stock.

all this is subject to change based on the movement of nifty

Aly said...

another irregular done @6257 or does this seems like a triangle from 6247 lows?

shriram said...

@ Aly:

My hi-prob trades are @ MINIMUM for > 30min t/f WAVE FORMS, so i really dunno :-)

Buy > 6265 or sell < 6225 seems the way to simple eyes

Gotta brk for Lunch, Bon APPETIT!

chetas said...

this hr closed below high ema (6257)

Aly said...

@shriram,

i agree we should look at least 15 min to 30 min time frame for best analysis. however sitting idly we tedn to look at micro-wave structure which may not be a good way to look at

Raghavendra said...

Dear All,

I have uploaded JN TA Tech Table snapshot ( using Master's file ) as of 1300 Hrs close. Key change for the day is the 1300 hrs close below Hour High EMA.

Raghavendra

sarvesh sharma said...

@aly and shriram...

how does it look like if we count this
1 min time frame...6300-6267-33 pots in 5 waves...6267-78 corrective 3
6278-47 5 wave again and 47- 59 corrective 3..another fiver might end the corrective... around 6229..taking into account 33 and 31 point s fall for each fiver,,,all with in a channle

gs said...

thanks raghavendra thanks all seniors

SKS said...

@ Raghavendra

Sir
Can u please mail the open file to sriramkswami@gmail.com
Thanks in advance

Aly said...

@sarvesh,

very much possible.

I think as sriram said, it will be good to understand the behavior around 6280 / 6225

Raghavendra said...

@ SKS,

Have sent the excel file to your ID.

Raghavendra

SKS said...

@ Raghavendra

Thanks got it

nissan deka said...

@ Raghavendra what is the current hour EMA ????

gs said...

sell on rise working so far.....

Raghavendra said...

@ nissan deka,

Hour - 5 EMA is 6246

gs said...

retrace levels anyone?

Kiran said...

Earlier resistance 6229 NS and 6272 NF

brijsolution said...

nifty showing wekaness continue..

Now above 6260 only upmove can see

shree said...

6341-6184=157 50% =76 =6263 ...almost.done

Raghavendra said...

Dear All,

2 PM JN TA Techtable snapshot uploaded on JN Group.

Key change is 2 PM closing is below 5 Hour EMA.

Raghavendra

shriram said...

--> back

DayHiEMA @ 6229 is the 1st EMA support, also the C=1.618xA zone


Fibbo levels, for suspect V.(ii) to tgt

0% (b) 6,300
23.6% 6,264.6
38.2% 6,242.7
50% 6,225
61.8% 6,207.3
76.4% 6,185.4
100% (a) 6,150

Kiran said...

Master mentioned this on 1st day of this month "unless prices move above MHEma by 80-100 points, weakness would return".
Diff between Current High - MHEma comes to almost 80 points.

shriram said...

good pt kiran -
Dev.MhIEMA : 6231
Dev.WkHi : 6232
Dev.DHiEMA : 6229

Channel LTL : 6225-27

50% Fibbo: 6225 ... if these levels Hold, can bounce , break below 6225 will invite a Significant fall

sarvesh sharma said...

above 6249,,channel breakout,,that it was since opening..

Kiran said...

Is AxisBank going to do samething as it in did last 4 days.?

sarvesh sharma said...

42-38,,,if supports and takes out 55..brkout cnfrmd

Sharas said...

Sorry i am new to this group, is everyone talking about Nifty Future or Spot?

shree said...

6341-6267=74 * 38%=28=6295 DONE

pravin said...

@Sharas,

Only Nifty Spot. For Nifty Future "NF" is mentioned.

sarvesh sharma said...

markets have their own minds..taking stop losses both sides

rk said...

Salute to Master . He told yesterday that " Flat corrections are Bullish in nature." which we have been seeing in last 2 days. Today, we saw a huge gap up ....Hoping the gap would sustain to challenge All time highs.....

ram said...

what will be tomorrow's JNSAR

Pattern Trading said...

Good afternoon all ..

We have traingle breakout in bn triangle are generally formed before last leg of rally .. its altho guide line .. but need to stay alert.. nifty unable to hold 6215-26 will not be good for bulls .. 6115-26 support for nifty

Raghavendra said...

Dear All,

3 PM JN TA Techtable snapshot uploaded on JN Group.

Except Hour time frame , Prices are above all High - Close - Low EMA's all other Timeframes.

Raghavendra

Shiv Kumar P P said...

good pt kiran -
Dev.MhIEMA : 6231
Dev.WkHi : 6232
Dev.DHiEMA : 6229

Channel LTL : 6225-27

50% Fibbo: 6225 ... if these levels Hold, can bounce , break below 6225 will invite a Significant fall

Excellent description Shriram.... description with clear focus !!!

ram said...

Dear raghevendra
can you please send the tech table to email id ramkkyy@yahoo.co.in
tks

Raghavendra said...

@ Ram,

Will send the TA file at the end of the day. Please note that charts are automatically updated but critical "notes" from our Master are as of 3rd December :)

Raghavendra

ram said...

tks raghavendra

dharmu mishra said...

dear Raghavendra sir
a request will u forward the TA file to me also my mail id is dharmumishra0@gmail.com
thanks

ram said...
This comment has been removed by the author.
venkateshspices said...

@raghavendra please send me too

thanks

Raghavendra said...

@ All,

Will post the TA file to the JN Group at the end of day.

Raghavendra

dinesh said...

dear shriram,
Masters comments that if nifty move 80-100 pys above mhema,possibility of markets moving up. withtodays gap u/rise MHEMA 6229 and high 6300.
so the difference of 80 months should be taken from hema as on yesterday or today. request clarify


ITradeForProfit Daily said...

is Nifty forming a shooting star?

shriram said...

@ Dinesh:

Am assuming, Master meant wrt St. MnHiEMA i.e last months MnHiEMA (6196).

Since we hv made a new High > 6196 , @ 6300 today, the Dev. value of this MnHi has changed to 6231

Now this no. +,- 40pts is the Support for all falls, Break this and we may slide

Time to call it a day, Bye all !

SKS said...

@ raghavendra

There is no JNSAR in the table. Can u please clarify??
Thanks

Atharva said...

Dear All.... ..for monthly HEMA ..master suggested mkt may rise +80-100 pts and may resume downtrend ..so 6231 + 80- 100 pts is approx 6330-6350.. if it doesnot hold and starts correcting from this levels then Higher tf will come into picture and which is down trending..

Harsh Mehta said...

Tomorrows JNSAR @ 6152... Nifty rise 2fast 2furious :))

The MH/L EMAs and WH/L EMAs have been very well managed by big players to give wrong signals recently. In August they closed below LEMAs and rose to everyone's surprise... Last month they closed below HEMAs on week and month TF thereby inviting shorters... Lets see what we have in store for EOW

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