Friday, August 14, 2009

Nifty-Opening update

As Yesterday's high of 4614.15 has not been cleared now, the Conservative Buy above the same has not been triggered.
The actual high as per NSE Home page is 4613.35

9 comments:

Saif said...

sir...just one more suggestion cameto my mind seeing the table...if you can separate out the P/L into P and L and then accumulate the respective points there...would give an idea of each and also number of trades can be maintained...thanks

Ilango said...

Hi..Shaq,

I have the records of past trades.Will put them up in a separate table..soon.
Entry @., date; Exit @.,date; P.,L.,Net.

Best regards.

ilango

Saif said...

thanks sir...and just to add...i follow few traders blogs where many had started to maintain such trades and made them public(even if they did/didn't actually trade them)...then most abandoned because after some time( for many valid reasons like it was hard/mentally taxing..)..i just want to say that please dont put too much effort/expectations on these tables(even though we all want to see it and follow every second :-) )
Last thing we need is a burn out (since you have started making intra day posts sometimes )and miss out on the regular analysis with all the tables and all everyday..
the broader picture is more important and like i read somewhere...in the shorter term ,markets are unreasonable (or something like that)...

rajamani said...

hi ilango ji,

while we view the blog in mobile trade table is not clear sometimes.kindly consider to place in the centr of the blog so we can enlarge it

regards
rajamani

Ilango said...

Hi..Shaq,

That is an excellent piece of "Concern"..

I doubt anything can burn me out...since I only breathe mkts except ofcourse the actual "Burning"..

And I totally agree with you that we do get carried away with minor movements of markets and risk missing the larger picture.

Thanks for your "Thoughtful Concern". I will remember these words.

Best regards.

ilango

Ilango said...

Hi..Rajamani,

I will put it up at the end of EOD analysis..You can enlarge it then..OK..Done.

Best regards.

ilango

Saif said...

.your analysis and the weekend thoughts mean a lot to me sir...thanks for considering my words..

rajamani said...

hi ilangoji,

http://www.nseindia.com/marketinfo/indices/indexwatch.jsp


says nifty high as 4619

regards
rajamani

Ilango said...

Hi..Rajamani,

Those rates, often, misleads.

I always click on the Nse Home page Nifty graph and move the cursor over the line and today's high traded is 4613.35 and Nifty future high in the morning was 4604 and now it touched 4611.10(future).

I generally eliminate such freak quotes for proper EW study as well as "High & Low ema" calculations. It even affects the Pivot table.

Today's difference is not much. But there are days the diff. have been 30-60 points.

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