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 ... -
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... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
70 comments:
Kumar sir. I exited at 10475. Its sustaining above that level means DR might take it atleast upto 10550 where i can short
Dear Sujatha!
You called rightly, DR is real BANK NIFTY MASTER:)
long in nf at 5286 for intraday
Dear Cooldent!
DR is real magician, he often read below mentioned MANTRA & Bank Nifty runs just after that.
BANK NIFTY DAUDAAYE NAMAAH, BUY NAMAAH:)
Kumar sir - hehe :) :) good "namaah" :D
DR-ji - then u r expecting almost last week's high?? what can i do now?
sitting ideally. guruwar.. will go to temple and come before that 563 hold will come and short :D
Suatha madam....563 doesnt hold short or 563 hold short?
DR sir aapkeliye
Dentist to Manmohan Sigh: At least in my clinic please open your mouth
it seems no downmove as of now, as per Nifty Heatmap, RELIANCE +6.47,ITC +3.09, BHARTIARTL +1.64,ICICIBANK +1.33,SBIN +1.33 holding nifty from falling.
The above are Nifty points.
Dear all,
I need a clarification on TITAN.
On 21st I took 4200 put. tomorrow is the record date and today isthe ex date Unexpectedly, today it got split. Now the 4200pe has become 210 PE and lot size also changed from 125 to 2500. The lot is not reflected in my holding. What will happen to my holdings. What should I do? Please guide me
Thanks
Thanks Kumar Sir!!
Sis suj
send me test mail I will send you chart with
BN tgt 10800 :D
good morning Ilango sir and JN family
nifty and bank nifty charts have been updated
good luck to all
In this week, lot comments on Fast Setup, falling, rising, etc. But NIFTY at same level since Monday.
Yesterday, I posted on my blog, Intraday Chart, for quick trading, have a look.
I observed that 75 % days of our market are ranging days. We cant always hope for big movement, but any day it will come (big move), so just trade NIFTY with proper stop loss and also book profit with proper trailing stop loss.
Its the 3rd time Bank Nifty has bounced off from the neckline !
hi Vanquish,
Can we go long in nifty @5280 with 5255 as SL for
a 20-30 pt tgt?
This rally is not unexpected, my system was showing so i mentioned in morning 5285-5295. Use this rally to add ur shorts, Stop loss for intra day is 5320 on hourly closing basis & 5375 for short term positions:)
@prabhat - i wouldnt really do that - the bear flag is a bearish pattern - i would not buy in a bearish pattern because any news can activate the pattern very quickly - I would again focus on Bank Nifty today - Will enter shorts around 10,500 - 10,550 -
thats is just my trading style thought - from a technical angle the bear flag however has a tentative target of 5,330 (if 5,255 doesnt break) if everything goes well !
i might add though of the cluster resistance zone at 5300-5310 - so be cautious while going long
booked profits in intra nf longs at 5301
Reliance intraday update: CLICK HERE
Calls = Oi up price up - Bullish
CE5200 2,534,650 +6.78%
CE5300 5,623,600 +5.38%
Puts = Oi up Price down - Nifty Bullish
PE5200 9,168,100 +5.43%
PE5300 6,755,350 +10.37%
PE5400 4,628,350 +4.21%
shorted nifty @5295 with SL of 5320 as advised by Kumar Sir.
I may think of adding more shorts at 5310 zone depending
on the intraday RSI & MACD movement.
Mine is a pure intraday trade. Since mkts are so
volatile, I am trading on per day basis with no positions
carried over to the next day.
Hi Everyone,
Wanted to share this with you ...
For days when Nifty Future has a freak open (like yesterday), one can go the following url ... http://www.yourmoneysite.com/futures-and-options
This is the UTV Money website. On the chart, place your cursor right at the beginning. The Open value will be displayed along with the time.
Hope the above will be useful to you.
Regards,
Amit
Nifty spot above JN10 SAR. Price should come down below it for any down move.
Nifty spot above Hrly, High EMA.
As per Nifty Heat map:
RELIANCE_______ +10.00
ITC____________ +3.19
ICICIBANK______ +1.61
BHARTIARTL_____ +1.58
SBIN___________ +1.42
supporting NS upmove as of now.
Illango sir,
If you don't mind, will you please explain what
method/formula you use to calculate the SAR for Nifty?
Thanks in advance. Am a fan of your work on this blog. :))
Regards,
Rudra
Fib Retracement from 5447.50 to 5195.90, resistance at 5297, 5322, 5347
Intraday Fib retracement from 5252.45 to 5296.7, support at 5279, 5274, 5270.
Direct call from NSE? WOW!!
Ilango GM although A silent participator in your Blog I have observed the sucess rate of Mr. Kumar is quite high for intraday calls. He is often taking about his trading system giving a buy / sell call. Can he share if he is using an automated system? Regards.
cooldent
ha ha ha ha ha ha
Lolzzzzzzzzzzzzz
@cooldent - lol
Sandy
Read his profile (experience)
and dont search for Holi Grail there isnt any :D
for making money no advance software required
:))
Thank U NSE for the call:p
Fire, i wanted some help in one stock analysis can i email you if ur fine with it?
can u share emaile id
DR ok but he must be using something as he states, hope he answers.
@Cooldent have u shorted BNF again or still waiting?
@SAM> waiting for 10550. wt abt u?
sandiji .. বাজারের আপনার অà¦িজ্ঞতা whats যেহেতু আপনি 2006 সাল থেকে ব্যবসায়ী:) .. কেন হয় আপনি আপডেট আপনার niftysweetheart ব্লগ না:)
Namasthe, bulls and bears fight, chart says fast fall
setup, TT seems saying long as per JNSAR, I just came,
any further comments to understand better and take
position?
SR------oi---cur %oi-- Prev %oi
Calls = Oi up price up - Bullish
CE5200 2,497,500 +5.21 +6.78%
CE5300 5,662,600 +6.11 +5.38%
Puts = Oi up Price down - Nifty Bullish
PE5200 9,294,950 +6.89 +5.43%
PE5300 7,057,400 +15.31 +10.37%
PE5400 4,647,300 +4.63 +4.21%
@Cool I have shorted my 25% at 520 ...
shorted 50% nifty @5314 - stops are at 5350
Dear Sandy!
I mentioned so many times, my strongest system is TEMPERAMENT oscillator. Dont be biased, just surrender ur ego before ur system & every system will show you crystal clear proabability. Technical analysis runs on probability, not on surity. I cant say more than this about my system, my company provided me 3 softwares & i am using all those. As per my company policy, i cant go beyond this...Hope you all will understand me:)
entering bank nifty shorts (50%) at 10,505 - stops at 10,600
use the trade levels given on the blog
@sam, kumar sir, vanquish. Got it at 10545
Hedging lover be active now: Buy Nifty 5300 call @55 & sell Nifty futre @5315.
@Cool I also made my remaining short at 544
please note all are spot values - if it is futures will be mentioned explicitily
5313 is 5EMA
@ Sam - But it's holding yesterday's opening na?? am waiting for 563 atleast but if it resist there i will not short, as DINI saab holding long :P Sensex 723 will give 786 fast. will check there to short
DR-ji - mail sent.
Sis suj
Oota ayta?
Kumar sir- active now :)
bullish engulfing patteren if 5322 cross spot then its double day bullish engulfing...
TT's excel sheet update.
Nifty sell triggered at 5285. SL hit at 5292
Rentry buy triggered at 5295. T1 met at 5322 (as of now todays high :)
KUMAR TECHNICALS said...
Hedging lover be active now: Buy Nifty 5300 call @55 & sell Nifty futre @5315.
Kumar Sir
for hedging if we buy one call how much Nifty to be shorted
mini or one full?
DR sir, One big lot
so both equal qty
Dear DR!
Kindly check that who is misusing ur id bcoz this question may not be urs:)
BN not supporting
SL raised to CP 475 +5 = 480
Mummmieeee. Muje ullu banaya :((
looks like by 2.30 today we might start trending instead of this rangebound session
DR- thanks for the good news. bless the same to sensex also :)
Vanquish: 65 points not enough is it :) derail the long train now Fast n Furious way
kumar sir, your stop loss of 5320 is on houlry closing basis?
Sis
Ragi :D
Yummyyyyyyyyyyyyyy
http://csrb.files.wordpress.com/2010/12/ragi-sankati.jpg
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