inside candle on29.11.2010

inside candle on 29.11.10.
on 30th down side break 30pts,then close above 29th hi.
now trend is up.
buy nifty and put 1:1

3 or 5 ?

If it is the dreaded 3rd wave, then it should not cross 6020.

If it is a larger 2nd/ b wave, the retracement should restrict to a normal 6015 or 6091.

Beyond 6100, we may consider the possibility of 5th.

In all these cases, we know the short term direction is UP and that is all I take from EW/ TA combo.

Another clue one could find is the retracement to this rise, whenever that materialises: how much it falls and holds will have upside possibilities.


http://tradeinniftyonly.blogspot.com/2010/12/nifty-intraday-update-i.html#comments

Deepen Keniya view

@ Ilango & Nifty Traders
1 Months Befor I comented on your Blog, Blog Redars & you totally avoid me.
Last Time I Psoted Comment on your Blog For Nifty View with my own Technical sytem which I follw from Last 8 Years.
-
I Said Nifty give Shorting opportunity around Life Time High for strisght 600-650 Points & Retast 5640-5550 Brek out Leval upto Mid November befor Make New Life Time High.
It can Happen Excetally Nifty Mad Low of 5690 near our Target but only Diffarbce is it happen End of November insted of Mid November.
-
It is very difficult to Time the Market but our View, Target, Levales, Sytem is important in the Market insted of Time the Market.
-
I Near the my Target so I & My Clients all Cover Short Position around 5700 which made around 6300.
We start Buying Nifty in small Qty around 5750 on Friday with Stop Loss of 5530 & This Buying continue upto 5600.
-
My Stop Loss is around 200 Points because i confidance in my system & in my view for Nifty.
I set the Target for Nifty around 7000+ up2 Mid Jan For Fianl Top of this Uptrand which datrt from 2500.
-
I m Chartered Accountant I Know the Fundamental Very well of Indian Economy. Now the Sentiment is Barish because of Banking & Real Estat Problem but you Forgot the Government Disinvestment Program so many IPO & FPO comes upuo March 2011 & it sucess only when the sentiment is Bulish. therfor we set the Target 7000+ upto Mid Jan.
-
After that what happen can Market Crash aur Corectted I say Market Crash We Set the Target 4500-4800 upto Diwali 2011 & in this Crash we buying Real Estate Company at Very Cheap Rate.
-
So in Few words I say Buy on Dips with SL of 5530 wait for 7000+ target. Best of Luck to all & Start New Year 2011 with Big Profit which you nevar imagin in your Life.....

November 29, 2010 12:02 PM

Deepen Keniya said...

@ Ilingo & Nifty Traders
-
Traders go with their Dicipline is very Important & they trade with their Risk & Reward. I Posted My Views only & not made money from this Views. I m Chartered Accountant so I Manage Income Tax File of my Clients only. Those Clients are Intersted in Equity Market I Provide My Views with Free of Cost. I Trade with My Capital so I dont Need Paid Service Client, I Just Provide My Views & not catch any From Blog Redar... So it is Clear.
-
Any way Now my Technical View remain Same with My Dicipline so I set the Target 7000+ upto Mid Jan Final Top & 6350 Up2 Mid Dec. & 4500-4800 upto Diwali 2011 as Bleck Diwali for Bulls.

November 29, 2010 1:36 PM

"New Visitors" JUSTNIFTY

http://tradeinniftyonly.blogspot.com/2010/11/nifty-premarket-view_25.html?showComment=1290654927327_AIe9_BG8xsMjyMLk7WApYRZXbGNjoKiNYO03XQ5wzRHkkTBmrxvGV4-PF6k4vOfpGUOR5ntcp8VjD-RWEp029Bz839E0bMThbiUZDa9eXh8RQU73abwlvjON6XPWNvu6-zsjGvbvhOiyZ32xPYozP_AIGMS1Yc6adlm3yD-U1nQF3qT9UnzBzmPqtRG0FgOH1h2sfLb98x3YHXuqUQLP39eWRBvx-M63Owgr_yyipGqS4uZN7-S3Dea9vuV8UnVRCUwBBW4x_RjRJtergodDFwZfHCDaYgHy8Du1-4y8BX9HzFVWSuJw2DFDG5xsSDIBUOXg7iG_jUgaBd1tLfymb4iCeYq3eTihASG-vzxpcVvm1WO6Ycgn37G8nn9nPQ97ppgkhSMe4glzI92GDss_Rx8wyjJ0TRtSJ4jrjyWEVCRM_m6KbQPnJqR1i5jxzCP-P14fkNSsaWDZ0tj_haLFwxNOElnUHNnhOS0KNiD7TaVj_PgbTPTuY5OmfXHQAo8rvBUu_VqXlS43#c4303835034812128625

weeky sl 6075

buy and sell with sl 6075 +_ 20 points
hold for min 300 pts

NSE Mobile app

http://www.nseindia.com/marketinfo/now/registerForm.jsp

11.10.2010 [inside candle]

on 10.11.10 we get inside candle.
that is trend change signal.
for more down or 6349 -1 = 6190 or -1.27 =6150.
we get jump-start on 01.11.2010 6090 as low.
so i think correction max up to 6150.
before that correction we get one more new hi up to 6388,

As per just nifty[ i think as per green. ]


http://tradeinniftyonly.blogspot.com/2010/11/nifty-closes-below-dhema-triggering.html?showComment=1289441036405_AIe9_BGm16sXHU3T6pZ8HfIasiLIgMg2fRJkEg2FHjmow9_r4LFoy9ZkusthfURYTa0paXxVOOT3SdcF9DR4cKygwJFhzUy5pz4wk1JjMlbq6VlxEFaKmF0G3l5sOh09sT5Np1xDurIWib_3eLbHUrrFru2LoFyoXbDTRKxXlCy0uKgLh5O2FbRiOkJy745uMUf1U1q0eqBqIrCT61xO2bS5j6Hca82Nwj_DF9DycsTfjaMXb7_CxOMA-rNuHxrSfoM0eaUWzdOqQ5ZIz1r2Weavb9ngaSJhlhodSU9RdmXngvbRqmhmFPzSoYYStRBmTSXMuwDF0_8Y4ph7LjnGgHx29_FyG6dGN4CB7w5Dfd7vlgdKOTN8Hs3hsDg6Z8cVzIZY7URcSyZBywUpgUhR_8Ay9RsMF_2BB7vKS8k0vZU9rA-TsiR6BW_MZXZZUBOpyLo17HZB46VZYujUBS9DPNwWEH6wKoSZLooNSXBDKWwOAFVPQzK3RZPDo75Aq9HN0GxfcjXQ_Jib8SaLvrq4bjHUqfcJIcR1HPJVE83UYi0ZJL0iXYVuwlG1Gq2V3__kwj6-6SbcD2Um6QmOtqEmWm6Iac-Drfxh6Q#c3093611704492053135

ew day chart by justniftyhttp://3.bp.blogspot.com/_ot1WH5p4Xr4/TNk0F3bsWxI/AAAAAAAANho/IciA60xSiO8/s1600/0.0.PNG

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhz7oBHz8QjwqGHZ0qfJyH54neiy-BG27Flglkd11UGiPeMD4gGFMzo4J2MdaARUr78A4pUek-5Ji3Q3Ll4dA3rH0KDjQF-65J0W1rIyuboFZG4W6AwyHL_syygxJt4tYElvwMMCLCewiE/s1600/0.0.PNG


sl for short 5966+962=6928 nf

weekly buy

on 03.11.10 close above 6180 and also close above 1.27 of 5966 ie 6164.
so buy for every dip.
also justnifty sir confirm 5 th wave.

5966 ? ! low or any new low?

we see inside candle on 22.10.10 [6150-6057]and
.618 on 27.10.10 .[6102-6005]
we see 5987 as low before 22.10.10; and we see one more new low ofter 22.10.10 ie 5966.2 on29.10.10.

today we get jumpstart in day. [but volume is low],
now day is in buy .,but weekly buy above 5180 only[today close below 5180].


As per justnifty one wave 4-C-3 is bending[5850]

i think if 5180 brake upside 5966 is low fixed.if not one more new low as per just nifty sir target 5850.