Rising 50DMA @ 5657 & MHEma @ 5661 are the two critical nos:
The Cluster of resistances @ 5650 can only be dealt with a gap up;
Staying above 5650 is critical for the current upmove;
the next base no: for an aggressive SL for the longs may be considered as 26th low @ 5623.
The resistance in the TT shows as 5682-98.
The Cluster of resistances @ 5650 can only be dealt with a gap up;
Staying above 5650 is critical for the current upmove;
the next base no: for an aggressive SL for the longs may be considered as 26th low @ 5623.
The resistance in the TT shows as 5682-98.
40 comments:
Good Morning Ilango Sir and all blog mates !
Have a nice day.
Good Morning Ilango Sir and all blog mates !
Have a nice day.
Good Morning, Ilango Ji
Good Morning Ilango Sir & All Friends.
Good Morning Gurudev and friends
Good Morning Ilango Sir and Friends
CNX IT and RCOM Chart analsis: CLICK HERE
Re-Entry (Repost for the benefit of those who missed)
Mr.Nilesh Patil's Input: I found that many of the JNSAR Traders may not get proper reentry with your premarket view or they are hesitant to take a reentry with 2nd lot. For those traders/ learners, I found one simple method to get reentry with JNSAR 2nd lot. When you are in the position of JNSAR & 1st lot booked, to initiate 2nd lot reentry, do settings 21ema and 34ema on 5 min. time-frame. When EMA's gives cross to downward then wait to give candle close below the 21,34. Take the trade in short. SL is above 21,34 ema close candle of swing high. For buy position, vice versa. This gives the trader a good reentry point with proper SL. of 10-15 points and thus he/she can get confidence on taking reentry on JNSAR.
http://www.mediafire.com/view/?myfiles#dagl84b4p733l06
Good Morning Sir and all the Gems of JN
Nifty levels updated
http://mahendra-jage.blogspot.in/
regds
@Julis Sir,
The link is not opening... please check it..
Thank you..
Good Morning Master and Seniors...
Good Morning Ilango Sir & all Blogmates.
Rgds
Saravanan
Namaste Ilango Sir And All.
Good Morning Ilango Sir & all Blogmates.
a very good morning to dear sir , seniors and all my freinds on the blog
Sir
The more deeper one looks at charts the more they begin to reveal sense in the seemingly chaotic movements.As though they are being drawn by single mind ! of the multitude.
u have earmarked wave 4from 5815 to 5548 and nifty has yesterday stopped at exactly 38.2.
Next up is 50 % of wave 4 at 5681 (week hema).
it is this leg up which will be the decider as it is 3 of 3 of the larger 5. it is the right wave to break thru the resistance band 30-50 and golden ratio.
@Mr.Prabha,
Working for Me!
Anyway alternate link to download
http://www.mediafire.com/?dagl84b4p733l06
Namaste Dear Sir and all friends
have a nice day of trading
Sir ILango ji and every one good morning
Good Morning Ilango Sir and Blogmates.
Sir, I have sent you a mail. Please check.
It will be interesting to see what 5700 CE writers going to do... Only 2 trading days for expiry...
jai hind master rishi ji, julius sir n all
exited from all longs !!
will re enter at the appropriate level
regds
thank u kumarji, jayaraman,suraj and mynac
3 of 3 of 5 , running train mob driven , no brakes but caution no driver too!!
Today's Supports & Resistances :->
Support :- 5614-5644
Resistance :- 5688-5716
Current Trend :- UP.
Strategy:-
1. Buy Near 5635-5644
Weak Below 5600 -
Short Only Below 5575
Happy disciplined trading to all.
Have a nice day!
15 Nov Gap is fulfilled and NF @ Channel Resi
sir
nifty has reached 1 point distance from entering into wave 2 of the c of the ABC decline of wave 4
at 5693.5.
stop reverse and proceed ?
My Dear Julius
Good Morning
SBI: coming up to resistance line at 2115-6-- 200DMA.
BhartiAirtel has been consolidating for last 5 sessions (probable 4th wave, bullish flag) and is above 200DMA. On hrly chart it might have finished 2nd wave.
Ooops Closed All Longs Yesterday Due to Inside & Confusion.
@Parimalji,
Yes.. Thanks for the Alert...
Nifty above center line of BB and 50DMA at this moment. let us wait for some retracement to come.
Good morning Family
NF is at 50% retracement level of the fall from 5810 to 5565.
Namasthe ilango sir and friends,
Today's quote received "
Sunshine is delicious,
rain is refreshing,
wind braces us up,
snow is exhilarating,
There is Really no such things as bad weather.
Only different kinds of good weather.
Similarly....similarly..,
Whatever may be the trend …. whether bullish or bearish……
Any kind of trend is a good trend for trading purpose,
Provided a trader remains disciplined and determined….!!!
Island reversal ?
good morning all
can anybody tell me BN trendline resistance?
thanks.
New Post Done.
My Dear Sir Ilango
you clarity regarding base formation at 5594 has worked well.
thank you Sir
29nov2012 nifty close at 5720
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