Weekly Trend Down,Crane Strategy on WeeklySell on rise on WeeklyToday Last day of week than sell on rise
@ Anand:Holding St.34DEMA @ 6201 & above 6221.30 NS prev Swing Hi, bulls will try to hit the next Overhead Candle Res Cluster 6268-70 ...Good levels to watch out
6220 is Daily High EMA as well. Longs can be held if EOD close is above 6220.
@ shrirampl. clarify for jnsar traders. Filter of -20 on today's or Tomm JNSAR
@mastertom banknifty dev jnsar pl.thanks in advance.
Thanks ShriramYour eyes are getting stronger ! Beauty is that we may look at different approaches, and when many converge at same zones or levels, confidence should grow. Lets now wait for bulls comeback.....else...
@ SKS:no idea on JNSAR trading, pls ask STBSTB, Piyush or Cooldent
sir,is it time correction holding 23% 6204?
AnandElse.... Let the prices decide and patience prevail.... Good one mate
@SKSYou have taken trades on JNSAR earlier.. Use that knowledge buddy ..Keep it simple.. Dont worry about whipsaws! 20 pts is from your entry and even if you have taken at 6221, its not yet stopped!
Good morning,JNSAR for today = 6221, If hit today SL 6200If hit today then tomm SL - 6186. the SL increases by 14 points.But we take it to increase the chances of our trade surviving.Thanks
@ anandThanks a lot
@ Anand:yes.. the 6k PE sell trade was one such.. price need to conquer the 34DEMA today.Thats a must as price has closed3 sessions below the level.. v imp to watch EOD
@ Yash & DhanThanks
CLICK HERE Tata Motors Hour CHART UpdateDiamond pattern breakdown below 365 - breakout above 370If breakdown occurs - then it favours the Bearish Wolfe Wave pattern. Elase Channel/Diamond pattern BreakOUT - 370
Master,To EW eyes... 6140-6223 seems 5waves sir ?Are you seeing the rise as "C" of a small Exp. Flat or a new A/w1 up ?
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, Pivot-6183, R1-6205, R2-6226, VWAP-6207Huge addition at 6200-6100PE Level, a Dip towards Daily VWAP is a buy with reversal below VAH at 6192…Thanks & Regards
Dear Ilango sir,Any weak below levels apart from the usual ones at .618 and .8 retrace levels?
@Aly, ShriramAfter the swift upmove, is NS Making a bull flag in 2 min/ 5 min t/f (at half mast) or a pennant?
@ Anand:To simple eyes & seeing Options OI.. YES. waiting for master's reply now.Cu after sapaad, Bon Appetit !
@anand: to me looks like bull flag
@ anmpatel ,11123.
@ shriram,Yes, 6140 to 6223 was a 5 wave ; now, followed by a shallow "abc" completing @ 6204.
@ Aly ,Weak below "6204".
@anand another important thing is whether JNSAR has been decisively broken to the upside. will wait for a 5-min candle to close above JNSAR
@Master: Really wonder how accurate your levels can be... I guess there is nothing to compensate for wisedom & experience.
I sense reverse as per Jnsar. Going long with SL of 6200 NS.
USD at 61.86 ! Vix down to 15.5...NS need to break 6225 decisively...Now weak below 6207 and more strength above 6240 (20 pts +DHEMA) and resistance zone there ?
Developing day high EMA = 6225
HIanybody observed the apollo tyres put as well as futures both rising at the same time?
GA Master, Can we take 6415 to 6130=A ; 6130 to 6358 =B & 6358 to 6140 =C AS Flat Correction ?
@ prakashbkc,Such a possibility has been discussed; and the "c" being shorter than "a" gives bullish undercurrents.
Ur trading system should b consistent.If u r using the next days JNSAR for today, then use it consistently until RIP.If u r using filter on the next days JNSAR for today then use it consistently until RIP.Do not keep changing ur systems.Do not keep hopping from system to system.Have a great day!! :):):)Luv.....
6224 6220 ... is 50%-61.8% retrace of the last rise from …… 6208 to 6239 80% is - 6214 If strength to return again, it should be around 6224 6220 Weakness gets confirmed Below 6220 OR 6214
dear sir start of C...?
New Post Done.
respected llango siryou said@ shriram,Yes, 6140 to 6223 was a 5 wave ; now, followed by a shallow "abc" completing @ 6204.can we expect next up move after this correction completion
Wow ! Now week trend-> Range expansion has its own colors !!!