5135-5150 is a resistance zone.
Intra chart is OB.. Book out to re enter...
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 ... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor... -
If the steady FIIs inflow reflects in the prices, 5405 should be protected going ahead and market may encounter minor corrections and keep m...
24 comments:
sir what is best level to buy for mahurat trading for tomm?
Hi..Subrat,
Best rates, sometimes, do not come. I feel 5110-5090 is a reasonable level to re enter. The other possibility is that we may continue to grind our way up..
Hi..Subrat,
The best level to enter would be 5065-5080.
sir thanks,is it possible 2day?
Hi..Subrat,
Anything is possible.. As of now, it does not look possible..!!
in this oct series can we again test important level?
March & October have been in the "Reversal giving" months on many occasions in the past.
It is a high possibility with so much "Over bought" readings in week & month..
again thanks sir for ur guidence.happy diwali in advance
Thank you and wish you & your family a happy Diwali..
Dear Ilango,
Happy Diwali ! Bought Balrampur at 188, now at 210, time to exit or hold with a new SL or even add ?
sir inspite of ob nifty is one directional so buy level may not come today?
Hi..Kapil,
Book out on the Mahurat day, you should be getting 215+ on 17th..
hi..Subrat,
It is just grinding its way up..Only a NS 5130 break may give us 5100-5110 possibility. Or else, we will get the exit levels of 5165-5225 either today or tomorrow..
Hi..Kapil,
Happy Diwali to you & your family.
Book partial profits today @ 210+
Happy Diwali to Ilango sir and all other friends here. Sir after exiting at our level of 5165-5225, are we going short or wait for indications.
Hi..Bizagra,
Happy Diwali to you and your family members.
Aggressive traders can take short position with a SL of their choice.
Hello Sir
I am short in NF @ 5090 levels from yestd.
Please suggest.
Dear Ilango,
Happy Diwali to you and the family !
Which city are you based in, so curious to meet you.
Booked partial profits.
Best regards
Kapil
Hi..askme,
If you are risking 60 point SL, then hold with a SL of 5150NS. Or cut loss around 5100-5110. You may then look at it afresh. No clear sell signals yet.
Hi Ilango, I wish you and all other visitors to this blog a very happy Diwali. May God bless us all !!
Hi..Kapil,
I am based in Bangalore. I will send you a mail. But I think "meeting" may wait some more time..
Happy Diwali again..
Hi..Sridhar Raghavan,
Wish you and your family a very happy Deepavali.
Oh Illango in Namma Bengaluru.. good good.. hope to catch u some time :-)
Hello
Happy Diwali to fellow blog owners & followers and there families.
Cheers.
Enjoy :-)
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