@ItradeFp2nd& 3rd values are of 618 & 80?
@Prakash,It is a measure of distance traveled. Either ways does not make any difference. Some would call it 0.8% others would call it 0.20%. It is one and the same.
price to watch is 6309 for resistance, if yes then around 12 noon would be a good time to watch out for people who are in short.
Nifty loitering in ND Sir's ATR Buy zone.
hi friends i m waiting for short @jnsar 6292.
yesterday Nifty future volume lowest of last 21 trading days .. something cooking .. generally lowest vol event show power in 1-2 days. Trade with levels
dear sir this formetion is 5min chart..?
Waves could be sub-dividing for deeper falls below "6287".
@Experts: JNSAR short triggered @6292?
jnsar hit 6292
dear sir week trand up fail...?
GM Master & JN Family,Have a gr8 trading day !
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, Pivot-6350, S1-6330, S2-6303, VWAP-6316Gap down opening saw the Bears back with huge addition at 6300-6400 level though 6300PE level still has the highest OI till now, Sell on Rise for the day…Thanks & Regards
@ herry,Weekly- "Sell on Rises @ 6331-6371"(WHEma+40)
Good Morning Master and Friends...Jnsar Hit
sir now i what to do wait for 2nd wave..? wich lavel
GM sir nd friends :)6358 not taken out decesively and the 1,2 target achieved wait for 2nd target. trade with your own technicals and TSL if any bounce comes PS : this is not a call..positional view .decesive break of 6219 will open the gate for 6050 3rd target
huge liqidation of 14 lac OI in 6300 PE. Bulls have panicked & have gone underground. Bears are rejoicing with honey.
Nifty Pre-Mkt View:Holding 6331 is essential for ST upmove (Nifty opend below it, retraced to 6331)& holding 6287 is essential for MT upmove.(Nifty broke this suggesting deeper falls)If deeper falls, waves should sub-divide; if so,6290 6294 ... is 50%-61.8% retrace of the last fall from …… 6308 to 6272 80% is - 6301 If weakness is to return, it should be around 6290 6294 Strength gets confirmed above 6294 OR 6301
Monitoring last fall from 6331 to 62726284 0.2%6294 0.38%6302 0.5%
huge PE unwinding at 6300 - PCR is down to 1.1 from 1.6 - 6266 is 80% retrace...Day TA is all down now, Week developing 5EMA coming up at 6257...Shorts to TSL now !
Sujatha thanks. Your Candle readings are very good.
Good morning Sir & allprobably that's why i was cautious with longs. And some members were countering me. Earning + Learning never stops.... Thank you all.
Taking a JNSAR position is like laying egg, but making profit is like hatching eggyou got to sit really really tight
@Crorepathiwell said , wish i remember and implement this all the time
Next likely target 1.38% of last fall @6249
@ sony victor,If you want to make money, the final decision should be yours and you should never ever say...."I said it correct; but others didn't"....There are two ways:Never be in touch with marketmen;OR After your own analysis & exchange of observations from others, "Take your pick & stick with it & do not look back".
http://postimg.org/image/vcc3cbj5v/http://postimg.org/image/cnx9ygfr7/two charts posted earlier. tgt almost here. 6250 +
Yes Sir, your point taken. No hard feelings with anyone ji. Regards for everyone.
Good Mrng Master & Friends...." i am here to drink water, not to capture the river "Good Day Guys
Master,Does the whole move resemble an Expanded Flat to ur eyes?a 6345 6243 -102 b 6243 6356 113 -110.8%c 6356 6269 -87 85.3% ** in play, seeking 6220-30 NS ?
@ Squander Star:Thats a mighty fine line :-) The bottom line in trading is : we have to win, consistently, free from noise, good words !
@Expertsi missed email@example.com sudden down from 6300.i watch spot and i cant order short instantly. any other method u follow to trigger jnsar?
@SquanderStar,Well said mate.
Squander Star, nice words.
To day JNSR hit so 6292+20 is the stop loss for to day . For to morrow stop loss is to morrow JNSR. Is it correct.Often doubts are coming
@ GV,you can put alert in your terminal for few points above and below our trading level, and when it buzzes, you watch price movement and take action accordingly....if once it buzzed, and bounce back, put alert again .....
Namaste Ilango Sir and all, @ Sony Victor, I was the one who countered you. Anybody has to be cautious with their positions. That doesn't mean that we are not confident. That was my point of view and I mentioned it.Still I am bullish till 6250NS breaks.
@ Shriram & ItradeforprofitDailyour motto is to make money.... being quiet and taking whatever we get works... dreaming kills...learnt a lot from master and you guys thanks a lot ...
@abhi thanks yaar
@ shriram,One such label is done on the chart. Multiple scenarios require "choosing" or "stepping back till clarity".Prices closing above DLEma would help the "Flat scenario" at the minimum.
Madam targets are based on FIB Ratios?How to arrive?
@prabat i missed jnsar hit short because of watching spot. now i m not short. what to do?
New Post Done.
Koi baat nahi Satheesh ji, countering is good. I dont mind ji. :) Stay Happy - Stay healthy.