Monday, April 18, 2011
Nifty PreMarket View.
Hour chart clearly shows a sideways pattern in the range of 5735 to 5945 for the past 10 to 12 trading days. Last attempt to move past 5945 got aborted @ 5923 abruptly. "5885-5915" shows a cluster of resistances. "5780-5800" shows minor cluster supports.

I have deliberately removed the filter from JNSAR being stuck in a narrow range presently. However, as the prices unfold, you may apply suitable filter if the situation demands it.
Elliot's Impulse waves.(Part-5)
IMPULSE WAVES :- The Basics Waves that move the market in the direction of its main trend either up or down are called Impulse waves. 1....
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ...
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I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark...
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Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
27 comments:
Good Morning Ilango Sir and JN Family.
thank you very much & good morning to sir & all friends here.good day.
Good Morning blog-mates
You are not only our teacher.
Rather, you are friend, philosopher and guide, all molded into one person.
We will always be grateful to you for your support.
Good Morning
Good Morning Ilango Sir and Friends
Nifty Daily Analysis: CLICK HERE
Good Morning ilango sir and friends,
Once Rama asked Hanuman:
“Hanuman what attitude do you cherish towards Me?”
Hanuman answered: “O Rama, when I think I am the body, You are the Master and I am your servant.
When I think I am the jivatman (individual soul), You are the whole and I am a part (but)
When I have the knowledge of Reality (Atman), I see that You are I and I am You. No difference at all.”
Happy Hanuman Jayanti........
May Hanumanji Bless all of you
With Wisdom, Strength, and Prosperity......
Good Morning ilango Sir
GM Sir and All Friends!
sir how to identify that situation is demanding filter?
excuse me for the silly que. but need guidence for it.
Regards
good morning sir and friends
good morning,seniors..
Another tricky day for Jnsar traders :(
Thank you so much Janvi. Put people here are always on GUARD
Sir/Seniors, Any take on the jnsar?
Alisa :D Janvi :D
Very Sad to learn that you could not make money from
stock market and you have to hunt for clients :D
Has anyone reversed jnsar to long?
cooldent me reversed, now waiting for sir's comments
markets shoot up above jnsar...
buy every dip till @ 5853 stoploss 20 points?
cooldent me reversed to long
@prachi, PS. Thanks. Now me too. Cos 20 point filter also crossed. Stop loss 5853??
JAI HANUMAN GYAN GUN SAGAR JAI KAPISH TUHI LOK UJAGAR
Bolo Bajrang Bali ki Jai!
"5885-5915" shows a cluster of resistances. "5780-5800" shows minor cluster supports.
Fib. Retracement 5922 to 5807, 61.8% @5878.26, if NS manages to cross & sustain, then
78.6% @ 5897.74.
Last 15 minutes, NS roaming in 50 to 61.8%
NS below 5865 & 5851, may move down.
@cooldent 5853 is jnsar level ideally shud be below it.
rest sir can tell.
ilango,
we are rising much faster than falling...
should we just hold long longs with stop @ 5700? for positional traders?
New Post Done.
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