Wednesday, June 18, 2014

Nifty, not having a follow up of a 30pt rise above DHEma, fell to DLEma..


16 comments:

Prabhanshu Raman said...

Sir, in tata steel, do you see rise from 332 till 580 in 3 waves or 5 in daily chart?

Ilango said...

@ Prabhanshu Raman,

It is a bit tricky one. I would prefer that the rise from 332 as "so far completed 3 waves";

Let me have a look at the Tata Steel file to get a better input.

Prabhanshu Raman said...

Thank you Sir. Even I can see 3 wave only, tried combining macd/rsi, but couldn't understand.
If it is 3 waves then probably we are seeing extended 5th from 332?

Prabhanshu Raman said...

Btw, tatasteel moved from 332 (14 mar) to 580 (9 jun) ie in less than 3 months. Wow.

Ashish Agarwal said...
This comment has been removed by the author.
Sunil Minz said...

@ashis
charts are the graph of human behavior reactions on news if anything is there it will be reflected on charts lets see tomorrow morning we are the players of probabilities.Analyse the best probability and fire the guns. .

Sujatha said...

Julius - yes..agree :) 1) yeppadi parthalum "my nos didn't change sofar" :P vadivelu joke "y blood the same blood" kathai than. 2) Still cat on the wall :( 3) adikera "EW WAVE-la" namellam "orama odhungi irukkanum" hehe :) just for fun

prakashtamil nadu - y this kolaveri??? but agree still possibilities open

ashish - sugar is not good, so advance "jaggery" to you :)

dhakshanamurthiye namah!!! sri raghavendraya namah!!!

leon said...

Sir, What is the importance of the comment "Early Warning System" in Day and 9-RSi chart

Raghavendra said...

@ Leon,

Day time frame indicators are critically poised - A violation of the upward trending line will push the prices to lower trending line.

sanyasho said...

Dear Sir & genius blogmets,
Today, I have placed buy stop loss for NF at 5,635 but at 12.25 without trigger & executing the stop loss order price went down very sever leads to heavy loss at market squreoff. I had given stop loss & trigger price same. It has happened first time to me. How to tackle the problem. Please guide me in details, when time permits.

jai bhole said...

Dear sanyasho
if u had placed a stoploss sell order at 7635 with triggerprice and price the same as 7635 , then when mkt trades below 7635 without having a trade at 7635 exact level ur stoploss order changes into mkt order sell at 7635. thats what has happened to u so in future if u place a stoploss order either u have some points difference in both prices so that whenever stoploss triggers the trade executes between both the prices. and one more option is to only give trigger price and leave the other price blank .in the second case whenever mkt trades below ur trigger price the order executes at the nearest executable price but sometimes it may also drag 10 to 20 points also as today,s case

Prakash Tamilnadu said...

சுஜாதா அம்மா

Sorry Are you scared of my comment? என்னவோ தெரியல திடீர்னு பட்சி சொல்லுச்சி
just 30-40 points gap up னு அதான் .

sometimesbullsometimesbear said...

Ilango said...

@ sometimesbullsometimesbear ,

A relative of ours is a great astrologer based in Chennai.

She said similar things; also said it is an ideal time to have "babies". This period coincides with 1953-56 period.
June 18, 2014 at 3:08 PM

Ilangoji...very true....40 ...50 years from now....India will get another "NaMo".....:):)

@Shriram says ...goondas ...politicians...karma....

I say the Law of Karma software or Newtons law of action reaction software is a super duper software designed by a super duper software engineer ...the ways and means of its functioning yet to be deciphered by human beings....or maybe our scientists are not interested enough......

However, for academic interest if u google...Why bad things happen to good people and why good things happen to bad people" there is ample academic material available.....

The two realities of the universe are Duality and Change....Everything constantly changes (including market)....and everything in the universe comes in pairs....good bad....male female...right wrong...hot cold...1 and 0......This gross dense physical universe always strives towards equilibrium between these dualities in time and space.....Good and bad will always co exist and will always be a part of our experience....

People who are BAD (as per our perception which may be debatable) now may have done good things in their past for which they are getting good reactions now....but surely the reactions to the BAD things will also follow.....Ultimately the Saddams and the Gaddaffis and the Zia ul Haqs etc etc....got their due ..."Kutte ki maut"......U think Dawood is a happy man?...NO...He is living a RAT's life....Hiding, running around...and missing the aroma and bliss of Mumbai....He might also die a RATs death.....U think life in Pakistan is a blissful life????...Of course not....

Good people (as per our perception which again may be debatable) get bad reactions because they may have done some bad stuff in the past....Look at Annaji...Hero yesterday ...Forgotten today.....but ultimately the good are always remembered and cherished....

This is a simplistic explanation .....though the intricacies of the karmic law is yet a mystery.....

I say....just forget the intricacies and REPROGRAM URSELF from the noise and madness of ENVIRONMENTAL PROGRAMMING... ....This will help MANAGE UR STATE OF MIND...SUCH THAT IT THINKS SPEAKS AND ACTS IN A MANNER THAT IS CONDUCIVE TO UR HAPPINESS AND THE HAPPINESS OF EVERYBODY ELSE.....

Gnite and sweet dreams.....Luv....

shriram said...

@ SB: haha.. tats a big one.. nice ! tend to agree,, to my "Human Mind" does still remain pissed that these "items" r goin scot-free as of NOW

Retribution shud be like a WW.. immediate Reversal / Immediate Judgement.. KAR GALAT --> SAJA BHUGAT !!

Ofcourse, just my wishful thinking :-P

Yash and Dhan said...

Dear friends,
If we refer to our diary every time the FED event takes place JNSAR is exactly in the opposite direction. I still remember the last year Uttarakhand tragedy because the next day market nosed dived exactly opposite to that of JNSAR on fed policy. In short the big players see to it that opposite signs are given before the major event.

Sunil Minz said...

Good Morning sir and gurujee
I am new in this blogger site but i am not new in the market and TA but now i am trading with your rules jnsar so please tell me one thing if jnsar is hit and market is below it i mean "price" should one carry the the trade in such volatile situations like yesterday.

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