"Fast Fall Set up" has taken effect.
To micro manage trade, last fall may be taken from "5548".
To micro manage trade, last fall may be taken from "5548".
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...
139 comments:
Good Mrng Master....
Very happy you are back...
hope all us well.....
I smiled for the first time after market opening. Great to hear back sir!
Good Morning master and my family
Good Morning Sir,
Take Care Sir. Wishing speedy recovery
Feel very Nice to see your comment Sir. thank you. Good morning.
Thank you master. What a great relief.
Hope you are well.
Good Morning Sir.
respected llango sir so nice to c ur post today sir take rest for ur speedy recovery ur senior students like sreeram sir dr ji r taking good care of blog tk care sir
Great to see Master Back!
But sorry sir : I just sent mail on JN group with update data.
Pardon me if it is not correct.
Hope you are feeling better!!
Good morning and welcome back Sir!
Good Morning Gurudev
God Bless you :)
Namaste Ilango Sir & JN Family.
GM sir and all blogmates,
sir, thanks for the update......i pray to the god for your speedy recovery......GWS
@ anand ,
I'm glad you did it.
I'll not be able to participate much today.
Day lead indicator turned down on Friday with 5 & 20dsma showing fast fall scenario; allow things to play itself out for few days.
Play it safe.
Good morning, sir! Wish you the very best of health !
Namaste Guruji.
GM Master :-)
Dear Sir,
Wish you a very speedy recovery,
Rgards
Siva
Dear friend's i have abig issue with just nifty group membership access...i have been accessing the jn files well till few weeks back but now despite several permissions sent by Ilango sir i ma unable to access the JN group. i am feeling disabled without the access..the message that google groups shows in the mail sent by Ilango sir says- you are already a member, so no new invitations shall be sent. but i am unable to have an access..Any body who can solve this issue for me, please!
Guruji Get Well Soon.
Vinay.
@Shriram Sir,
Can you please send me goldbees EW calculation in Daily and Weekly Time frame.
Please
Dear Ilango Sir & Blogmates,
Wish u Sir a Very Speedy Recovery, God Bless...
OI Table Update at 11:00AM, Pivot-5574, S1-5424, S2-5343, VWAP-5442
The PE addition at 5400 is the only solace for the Bulls else it’s the CE writers all the way, A move above 5500 looks improbable, Range is 5400-5480 right now…
Thanks & Regards
Dear master
Wishes for speedy recovery
God bless you
Good Morning Master & all blogmates,
Master, Wish U speedy recovery.
i think today is now 5335
dear anand i m not able to c ur update data pls would u send it to my account dharmumishra0@gmail.com it will b kind of u if u explain me how u updated it thanks
Seems my post on JN gorup is not published yet :
Let us update :
1100 Hours :
For daily :
Dev DLEMA - 5517, Dev DHEMA- 5635
J10SAR-5614 , JNSAR - I don't know
Pivot - 5448
For hourly :
Dev DLEMA - 5469, Dev DHEMA- 5515
J10SAR-5538 , JNSAR - I don't know
PIVOT - 5429
Have mailed the sheets and requested another "senior" blogmate - Who Else than our Shriramji - to post it since I do not have permission to post on JN Group , without approval.
Hope he find time for the same from his schedule.
Anyways- key numbers are being shared.
Sit tight and enjoy the ride! Not sure what "play safe" meant? But "Let it play out" woudl mean=> Let it play out !
Intraday Trading Camarilla L3@5447 ↑
JNSAR is 5610 (daily)for today and 5582(daily) for 20/08/2013.
Good Morning Ilango ji and blogmates
On monthly charts of bank nifty spot on log scale
when a trend line is drawn from the low of 7766 on december 11 to 7888 on january 12 it intersects the bar of july 2013 at 10528, when the mouse is scrolled in downwards direction and thr bar chart comes closer to you in a magnified way.But when the mouse is scrolled upwards, the bar chart moves a bit away covering more of data and the same trend line shows the value at 10189.
Please clarify which value is correct.
Welcome back Master...take care..
Dear Friends
1100 blog sheet available now at JN Group. Seems Masters has approved of it.
Will try to update for next hours as well and post the sheets / though I am not good at charts updation- someone else may try that.
Lets make the day with the lessons taught!
Thanks!
NS.....5495 to 5410 = 86 * 50% = 43 = 5453.....hits 5451....
NS.....5495 to 5410 = 86 * 61.8% =53 = 5463.....
NS.....5495 to 5410 = 86 * 80% = 69 = 5479......
@Shree, Others:
So remaining below 5451 (50% retraces which are powerful), more downside expected?
Just trying to understand the key levels.
No adventures recommended.
NS....5755 to 5410 = 345......
@ anand,
I will play with trend with 80 % sl....waiting to come close.....
Good morning Sir & all blogmates,
Can anybody clarify what is "Fast Fall Setup" ?
Thanks.
@ all JN FAMILY
Last week I attended Traders Carnival.That was in pune This Year organised by Mr Dharmraj j ("DJ" again a great person ).
What a great concept it was, 3 days event, traders & speakers from all over India & some from overseas joined was there.
We have our Mentor here "Our Master".
knowledge sharing was on high bandwidth,great environment. I know MASTER taking daily Carnival here on blog but I will add meeting traders live is a great experience for me.
If you get chance next year join for TC 2014 where ever it is. It is worth to expand our network.
Fast Fall/ Fast Rise setups :
We have seen it happening when certain Moving averages converge or come very near to each other in that time frame and then diverge again.
See in the chart posted above or of Friday EOD post for daily t/f setup
As of now : on 2 minute chart 21, 55 EMAs went near 5441/5444 and then fall started (Hope I am correct)
Some time back some posting on it was there, but not able to locate.
1200 Hrs updated.
Key numbers :
Daily :
Pivot - 5448, Dev LEMA-5517, Dev HEMA- 5635,
J10SAR-5614
Hourly :
Pivot - 5437, Dev LEMA-5455, Dev HEMA- 5493,
J10SAR-5518
@ dear Sandeep bhoite
Pls share your experience and knowledge what u learn in TC.
Thanks
@ Varun Kumar
experiance OF TC 2013 :- Stick to basic,, Price is GOD (Like our MASTER SAYS always),,
Think & spend a time to make a system that work for you & not for others, once you done with it then dont use brain follow it, just follow it.There are all speakers who do only one thing they follow their system only.
Namaste Ilango Sir and blog friends.
LV
@Anand
Thanks for the update
@shriram
any change in 5400 PE behaviour? it decrease almost 20lacs suddenly!!
India Vix at 25.69 !(Nearing Sep 2011 levels)
Any comments on that?
Will wait for Options OI update from our friend Mr Jaiswal!
@anmpatel :
5400 PE would liquidate-> NS breached it.
--> back
@ ANMP: intra liquidations yes, overall still has highest OI @ 54PE
Lets wait for Sanjay bhai's info
GA sir nd friends
sir - running nose, throat?? fever weather allergy related??? can take Bakson's B6 drops every hourly 20 drops in 3 spoons of luke warm water (TODAY ONLY) then 2morow onwards 4 times for 2 days then 3 times for 3 days enugh..it's gone, poye poyindhi..poye pochu.. GET WELL SOON
Take care and take rest sir. tks nd regds
5400 broken, now nifty on the way 5350
Dear Ilango Sir & Blogmates,
OI Table Update at 1:00PM, Pivot-5574, S1-5424, S2-5343, VWAP-5438
5400CE writers are making sure that up-move if any will be short lived one, sustaining above VWAP looks improbable right now…
Thanks & Regards
sujatha mam pls check your mail & reply when ever time permits
Sir wish you a speedy recovery
5400 ce added 15 lk.......
5327 when???? waiting for that number.....
@suj
please chek ur mail
thnx
rgrds
OM SAI RAM
MASTER get well soon
what a great EW playout from Friday...I was surprised by the 1st wave swift move, and Sir provided the right guidance to stick with the most likely scenario. Now it is unfolding like text-book EW...
My regards to you Sir and thanks for your guidance >>>
@SHREE
buying will start @5350
younwill not see5327
possibility of HAMMER in day tf today
VIX..............................
@ durga....
ok..lets....see......
@ durga
but i am not convinced wioth your views.....
expecting deeeeeeeeeeeeeep
@ Durga....
I want SBI to touch/ go...below 1200......till then no way...
Dear Shriram
Will it be convenient for you to answer my query
addressed to master at 11:21 AM as he seems to be
preoccupied with something.
With love and regards to you.
VIX...hits.....52 week high.....
Get well soon Sir. Hoping and praying for ur speedy recovery....
NS..5451 to 5370 = 81 * 50% = 41 = 5411......
5496 to 5370 = 126 * 50 % =63 = 5433...
the day so far.....
NS..5496 to 5410 = 86 FALL
NS..5410 to 5451 = 41 RISE
NS..5451 to 5370 = 81 FALL
I agree with Durga there is a good support between 5320-60. A good bounce can happen from about there today or tomorrow.
1300 Hrs blog sheet updated for reference,
OHLC ->
Time Open High Low Close
19/08/2013 13:00:00 5,432.85 5,433.45 5,390.25 5,401.90
Key numbers :
Daily :
Pivot - 5431, Dev LEMA-5511, Dev HEMA- 5635,
J10SAR-5608
Hourly :
Pivot - 5409, Dev LEMA-5433, Dev HEMA- 5473,
J10SAR-5497
NS..5755 to 5370 = 385
sir's first target 5380 is achieved so its better to part book around 5380
sandy - all r talking about different support area, but which "support" is the right "support" to "give support" to us?? nifty is not in a mood to give "support" to "support"??? lolz currently my "chair is giving me "support"
anyway in coming months i don't need of "nifty" support" - gng to take a breaakkkkkkkkk frm this trading :)
GREEN SHOOTS SEEN
anand ji,
how do u get dev-h/l-ema's
Suja Gann based support is very strong near 5350. Though though to say but Nifty may bottom out only near MAR / April, 2014 for a sustained rally. Send me your chart too & I will send mine.
@suj
so it seems now, u have surrendered against all bullish probability for the time being
it means, it has broken some vital support levels for you
OM SAI RAM
@suresh :
Please refer to the sheet posted on JN group.
I just update master's TA file and pick the statistics calculated from there to share with all of us.
Please let me know in case of any error.
Suj sent you a test mail. Please reply on that.
Sujatha, important to Note that we are near POC(Point of Control) Volume Profile for the year at 5333.
Sujatha there are several parameters and swing bottoms can be caught more or less with 80-90% accuracy easily. It is important whether you have beeen able to catch the count or not.
Suja I will be interested whether 5333 Nifty future is holding or not. If it holds now i will be long from here / buying in dips else I will sell for the lower targets.
NS making news lows every hour : (Except for 1200 hrs)
1400 Hrs Update : Sheet posted on JN group :
OHLC ->
Time Open High Low Close
19/08/2013 14:00:00 5,402.10 5,402.10 5,370.30 5,385.90
Key numbers :
Daily :
Pivot - 5419, Dev LEMA-5504, Dev HEMA- 5635,
J10SAR-5605
Hourly :
Pivot - 54386, Dev LEMA-5412, Dev HEMA- 5450,
J10SAR-5477
@all
all levels co inciding with 18000 on sensex, which being mentioned as a support by vivek patil in his weekly analysis
make or break @ 18000 sensex
great support here, IF AND ONLY IF , 18000 doesnt break
OM SAI RAM
Suja Below 5300, 5100/5000/4800 may be the target for Spot.
Yes Rohchak he is the best in Neo in India.
Suja did you get my test mail ? Can you mail me your Nifty Chart Daily + Weekly ? Please confirm.
when you are in 3rd of the 3rd wave you will get butchered in contra trade. you also don't take profit too early as it is generally more than 1.1618 of 1st wave.
sandy - no.. i didn't get ur mail..nd as i told somewhere...i am gng to stop trading and taking a breakkkkkkkk.. only upto this series.
yes.. i agree with ur lower targets..but valid upto december...:) according to me..
Suja I have sent a test mail to google JNgroup. Please take my ID from there.
@Sandy
I had send you rest mail
Please forward me too.(sujatha 's nifty chart and gold chart of Neely)
ns watch if > 5427
wow,
wt a rise from 5360....
Prithvi will do whatever is legally possible.
Banknifty Wave 5 = Wave 1
Wave 1 11812 - 10830 = 982 pts
Wave 5 10071-9087 = 984 pts
NS..5451 to 5361 = 90 * 50% = 45 = 5406.....hits 5408.....
the level expected since 1.35 pm......now new low today itself????
Strong momentum -> Gap of even 7 pts in NS/5 Points in NF not filled today.
Horuly closings have been below Hrly DLEMAs/and below previous hourly closures .
Hrs HIGH LOW CLOSE 5-Hi-Ema 5-Low-Ema
1000 5,499.65 5,422.10 5,435.05 5,550 5,498
1100 5,444.00 5,410.25 5,434.20 5,515 5,469
1200 5,451.05 5,426.30 5,432.85 5,493 5,455
1300 5,433.45 5,390.25 5,401.90 5,473 5,433
1400 5,402.10 5,370.30 5,385.90 5,450 5,412
dear anand will u pls teach me how the calculation of parameters r done in TT 5ema hema lema thanks
NS..5361 to 5408 = 47 * 50 % = 24 = 5384.....hits 5388.......
5422 VWAP should be attempted today
dear anand i appreciate so nice of u doing the update time to time
--> back
Bull Flag in 2mins, B.o > 5400 Tgt: 5420/40 Spot
Jai Shriram !
A stupid question against the idea of Following :
Any sign of pause / fast retrace apart from your always high flying flags?
No +WWs today ? tomorrow? Missing S4S !
Booked 50% shorts at 5375 as per below sir message on friday...
Let 5510 break to confirm it.
Simple calculation is:
.618 of (1)(6093-5487=606x.618=375)=5755-375=5380 min.
Equal of (1)(6093-5487=606)=5755-606=5150.
Remember, we have also labelled the fall from 6093 as "ABC".
A=6093-5487
B=5487-5755, gets conf. on break below 5487 decisively.
C= targets could be calculated similarly.
So, let us wait for signals to confirm along the way to stay confident & stay in the right direction.
August 16, 2013 at 2:40 PM
A bull Flag is also there. Nifty attempting to breakout of the falling trendline (30 Min).
@ anand
A Flag is nothing but a HiFreQ Consolidation, price doing 180 degree swings w.o going anywhere...
there is a +WW on BN intra too, 1-4 tgt is 9150-200 spot
and for WW lovers:
the 2mins Flag tgt of 5420-40 will also form pt5 of a Larger -WW pattern on 5mins NS candles !!
Now looking to re-enter at 5420-30 which is 38-50% retracements for today intra fall..
Dear All,
1500 Hours update :posted on JN
Hrs HIGH LOW CLOSE 5-Hi-Ema 5-Low-Ema
1000 5,500 5,422 5,435 5,550 5,498
1100 5,444 5,410 5,434 5,515 5,469
1200 5,451 5,426 5,433 5,493 5,455
1300 5,433 5,390 5,402 5,473 5,433
1400 5,402 5,370 5,386 5,450 5,412
1500 5,408 5,361 5,399 5,436 5,395
rosemary reenter for call or again for short
Thanks sriram sir... your flag is coinciding with my re-entry levels :)
dharmu,
Ofcourse Shorts, as JNSAR direction is down only
By day end one should exit and wait for tomorrow
dear anand how u calculate the parameters hourly pls explain
@anand thanks for updating
@dharmu mishra _ i am just updating the sheet with hourly numbers. It gets calculated as per EMA calculation parameters.
Please download the TT file from JN group (Will upload at EOD) as posted by Master and check for formulas.
5451 to 5361 = 90 * 61.8% = 56 = 5417..hits 5420.....
5451 to 5361 = 90 * 80% = 72 = 5433
nice to see Rosemary.
5435 is the 30min Candle Cluster Support-turned RES. If it crosses, we may get more highs
keep eyes on higher T/f LoEMAs now to re-short :-)
Anand,
Appreciate your efforts today, helped me as i am unable to update sheet on my own. Will learn it...
Ilango Sir,
Can we have back up for JN blog, which can be used by any senior to upload excel... i am sure this will benifit many silent followers of this blog. Pardon me if this is not fair ask!
anand thanks for guidence
5496 to 5361 = 135 * 50% = 68 = 5429.....
FREE TRAIL OF GANN NIFTY FORMULA & OTHER DISCOUNT OFFERS VISIT http://ganngirishformula.blogspot.in/
NIFTY OPITON TRADING GIVES 5 - 50 TIMES / MONTH. CHECK ANY MONTH MOVEMENT ON http://www.nseindia.com/products/content/derivatives/equities/historical_fo.htm
Someone has been updating the charts for 5 years..
+ Queries replied+ Important inputs + Charts + EW Lables + Trend lines + Much more !
He deserves "THANKS" and "Good Wishes", certainly not me!
Anand much more than 5 years for Master.
Dear Anand,
आनंद आपकी इस बात ने सच मे आनंद बरसा दिया है.।
Hats off to you , for your this comment.
Thanks a lot
Dear Sir,
Wish you a speedy recovery.
Get well soon.
Charan Sparsh.
USD INR @ 63.15
Dear Ilango, the entire JN family is praying for ur speedy recovery and I am absolutely sure that u will be fit and fine back by tomorrow morning. It is an auspicious full moon day tomorrow and best wishes for the same. Take care.
Dear anand,
thanks for ur efforts when master is not present to help others
Keep it up Brother
Tc
Dear Friends
I Am uploading the TA file with day's data on JN group.
It is a bulky one so I cannot mail individually.
Further, I am not a worthy disciple to touch the beautiful art of charts created and updated by Master.
Hope he recovers fast and is able to look at them!
May he be back with pre-market view tomorrow !
Amen!
- On the other side :
Let's try on our own as well and use the guidance shared with us by Master! :-).
Post Your trade plans / follow the seniors !
Dear Ilango Sir wish you a speedy recovery. Get well soon.
Dear Anand
Great support in right time ( master in not feeling well and market is dancing )
Dear Shriram
now what think about gold bees
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