Prices, this week, took support @ 5925-65 zone on tuesday @ 5933.
Prices, then, closed above DLEma(6001) on wednesday to signal a "pause" in downtrend.
Prices, continuing its rally, moved to DEma+ " 6048", closed above 5dsma.
Prices, now poised to move to the next target of DHEma+20 zone @ 6072-92.
There is a gap @ 6098-6110.
If ST Technicals continue to favour the rally, then the next 80%-6123 would be attempted.
Being the last day of the week, "6069"-WLEma would be a deciding number besides DHEma.
As is the practice in JN, manage your intraday trades based on "last rise/ fall retrace number".
Critical support to signal weakness would be "6042" incase of huge gap up & "6018-27" then on.
Remember, that only EOD close would confirm a change in technical position and until then existing signal could act on at any point of time during trading hours.
Our trading is based on the "latest signals" generated while respecting the larger signals in place with appropriate cautionary steps.
Prices, then, closed above DLEma(6001) on wednesday to signal a "pause" in downtrend.
Prices, continuing its rally, moved to DEma+ " 6048", closed above 5dsma.
Prices, now poised to move to the next target of DHEma+20 zone @ 6072-92.
There is a gap @ 6098-6110.
If ST Technicals continue to favour the rally, then the next 80%-6123 would be attempted.
Being the last day of the week, "6069"-WLEma would be a deciding number besides DHEma.
As is the practice in JN, manage your intraday trades based on "last rise/ fall retrace number".
Critical support to signal weakness would be "6042" incase of huge gap up & "6018-27" then on.
Remember, that only EOD close would confirm a change in technical position and until then existing signal could act on at any point of time during trading hours.
Our trading is based on the "latest signals" generated while respecting the larger signals in place with appropriate cautionary steps.
30 comments:
Namaste Ilango Sir and blog friends
LV
Good Morning Ilango Sir and Blogmates.
Good Morning sir & friends
Namaste Guruji.
Good Morning Master & Friends
Good Morning Sir & All Friends.
JNSAR Trade - Prepare to reverse.....;):)
Have a wonderful day.....Luv:):)
GM Master & blogmates.
Have a profitable week end.
Hi SBSB
Did u get my email.
sriram
Good Morning Sir and Blog Mates
veerasamy
Good Mng Sir and Friends.
Namaste Sir and all,
CLICK HERE tatamotors day chart
CLICK HERE tatamotors day Update
CLICK HERE Tatamotors hour chart
gudmorning master and all frnds
Good Morning Master & Friends !!!
good morning, Sir and friends..
GM master.
@Experts: Did JNSAR buy trigger @6068?
Last rise to be taken from 5984.60.
Hence:
6033 6021 ... is 50%-61.8% retrace of the last rise from …… 5985 to 6080
80% is - 6004
If strength to return again, it should be around 6033 6021
Weakness gets confirmed Below 6021 OR 6004
Good Morning,
Nifty Daily Report: http://sdrv.ms/1bv8BhJ
Happy Disciplined Trading!
No weaknesses seen in Hour TA.
Weak below 34 Hr sma-6020 only.
GM Master & JN Family,
have a gr8 day !
@master
pl tell tom dev JNSAR for nifty.
thanks.
Sir ILango ji charan vandan and everyone good morning
JNSR buy triggered ?
Good Morning Master,
Bless Me Master.
@Cahauhan m: I am not sure if closure levels should be considered for taking JNSAR position or live spot values. As with me, I have gone with live spot values & have put SL 20 pts from JNSAR.
I would request seniors to please clarify.
Dear Sir,
When you want to identify OB or OS in hour do you trust 21D stochastic or 35D stochastic?
goodmorning illago sir & blogmets
New Post Done
New Post done.....Ilangos request....
Thx
New Post done
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