Try finding the "Beauty" of a rose or even a relationship like "Mother's"
You will end up finding only pieces or acts that could be found anywhere.
I come from "Business family" and I know how to make money and don't bother about how it is done as long as it is ethical.
There are hundreds of Trading methods and I have short listed to a minimum to make it simple. And that beauty has become the envy and they want to "tear it apart".
Sometimes you just have to accept this simple fact and trade the market.
There is a difference between trading and investing and the misunderstandings arise out of this factor.
There are some blogs who devout themselves to criticise the methods used by marketmen everyday. That is destructive criticism and they will never stop.
Better would be to put your method to "real time market" testing and see the results and follow it.
Great things can be achieved by simple methods like the "daily acts of our mother" and she is no rocket scientist but she makes great human beings.
62 comments:
concentarte on your work.stop seeking attention from ilango sir.out of orb and ta file he is providing nothing.with out orb rules ilango is zero.
tom,dick and harry ask yourself what is the truth.
commentators are pulling me here to visit this page like anandan,viren,anuj
Thank you Mr.Arun Sir.
I saw that posting.Thank you very much.
I waiting for reply which Mr.Babu gave. I am asking Stop&Reverse meaning. Now I understood.
Somes times we need Skanda type. coz it shows strength of this blog:) i mean to say how many people are making money and learning. ORB, EW,TA,MP etc etc are for me !@$%@#^%#%^#. But still i am making not good money... very very good money. In my life of this blog, only last conservative trade i made less that is around 80 points. all other are far better than this points
ilango sir, conservative trade start just by divergences. now none of the divergences r working and u r not looking at them also. what is the mystry sir???
blogmates
==========================================
guys pls stop reacting only then it'll stop
ONE REQUEST TO ALL,
Please ignore Mr. skanda.
hi skandaaaa
u r wrong here. mr.ilango is good teacher for us he is give superb teaching us if u r not good advantage form here from him plz live this room i think u r good only "CA" so carry forward yr work in yr " well known firm "
we are also say u concentarte on yr work dear
cheersssssssssssss,
Hi skanda,
for you ilango is a zero and for other's he is a hero...........so why waste your time on a zero.........so please concentrate on your work...and leave this blog for other's.
Skanda sr...Please keep posting more and more. Just storing your posts with time stamps - Mr.S will be very curious to know about what the Associates are doing during office hours.
Make more posts please...
@Piyush,
Read the comments posted in the premarket view. I have reproduced a partof it for you.
"Certain divergences that appear are part of a "third wave" which are ineffective and one should wait for more reliable negative divergences to appear. Until then, any selling that is done after initial rise should be covered for small gains only as rotational buying seem to be going on which will keep the index afloat."
Now did you get why divergence are not working.
i think the only job this CA guy is doing is Cntrl+ C and Cntrl + V. Cutting and pasting
Skanda or danda,
Sr could mean scared.Which CA firm of repute would allow you to waste time on trash????
WHAT IS YOUR PROBLEM?If you have fought with your wife/MIL than solve your problem in a mental hospital. Leave us alone and in peace.Dont need your audit certificate.By the way in how many attemts did you clear your intermediate and final exam of CA??????
so does it mean that only after 3rd wave we shud rely on divergences. or there some divergences which work in this period also???????
Ilango Sir,
Is Nifty trying to take support at 5065 level? Should we buy now for intraday?
hi..Piyus Sharda,
Divergences work well in "4th & 5th wave" and "B&C" combinations.
You will require a confirmation follow up of closing below "5 period close ema".
Your hour divergence of 9-rsi is confirmed by a close below 5-hour ema and so this trade is good for few hours keeping the day trend being up.
Piyush I think Ilango sir would be a better person to answer it. What I feel is considering todays HR. f. macd graph, only after the MACD has crossed over the 9MA line (the red line) the short is intact. May be that -ve divergence is working now.
Ilango sir please correct if I am wrong
Hi guys,
Suggest to Exit Nifty shorts.. ( if you are in profits book out..), and Re enter again on short side..around 5090 or 5110 levels..
Market may close flat so that every one will get confuse..
anandan.R
ilango sir you have answered even before i asked. That is Ilango sir!! :) :)
Being a MovieBuff, i will respond to MR.SKANDA`s comment in my style..
there is a dialogue in movie Guru (by maniratnam) in which abhishek bacchan says to his associate that " JAB LOG TUMHARE KHILAAF BOLNE LAAGE TO SAMAJ LO K TARAKKI KAR RAHE HO (WHEN PEOPLE START TALKING NEGATIVE ABOUT U - THAN UNDERSTAND THAT U R MAKING PROGRESS)
same goes for ilango`s blog,,
this blog is providing FREE service to learners which many paid class` cannot, many paid sms services cant match..
and top of all,
ilango is making all learn how to fish - instead giving out everybody free lunch.
sry 4 caps.
;-)
hi..Laksmi,
A "5 ave down" has happened from 5093 to 5055. 5 subwaves are seen in zigzag kind and the retracement is a maximum 79% which will come to a maximum of 5086. After that retracement, it will fall again in a "5-wave " down and that could be a buying opportunity around 5040(+/-)
BN short is on below 8990. Holding on to VAL at 9000.SL VAH at 9032
Skanda, Did Ilango came to your home to invite you to this blog??????
If not true even 1`%, Just leave....!!! let us do the job !!!
Its become a daily practice when one of the frusti comes here and spoils the threads....best is to simply BAN them if they donnt listen to warning!!!
QUOTE : commentators are pulling me here to visit this page like anandan,viren,anuj.
If this BLOG is not here, who will pull you? if they are pulling you, answer to them and away.. don't pull the BLOG OWNER..don't do CC job nobody is going to pay money for that..
By the way MANY THANKS for you.. as one saying "endha theemaikullum oru nanmai undu" today we got good write up from Mr. Ilango.. otherwise as usual he would have post only TECH TABLE.
THANKS ILANGO sir the wordings "Great things can be achieved by simple methods".
Good bye Mr. Skanda Sr. Hope u will not visit again. Thanks in advance for (not coming here and post)
Regards
Rajagopal Sir,
you traced down skanda??
========================
Rajagopal said...
..... - Mr.S will be very curious to know about what the Associates are doing during office hours.
========================
I hope he will stop now... even if he doesn't then I request blogmates to avoid him by giving no reaction on his words.
thanks ilango sir and satheesh sir. got it divergences need to be confirmed with ma crossover for taking safe position like 5hema, macd crossover etc
A 15 to 20 point long trade from here..?? with a SL 5055 NS and then a SELL.
If breaks 5055, a sell to the "Day high ema" @ 5033(+/-).
dear sir
" whenever in to daily exel ,
stochastics 5-d goes abv 90 mark , mkt comes off the highs or revese direction" this is i learn from u so now i am sit on sell side or not ?
regards,
alpesh
Axis Bank at 1120. BN moving down.
sir sl for short trade????????
@Rajagopal,
so u r a fellow member...welcome.
@anuj,
CA profession is not a history..it is great experience in grinding of basics and fundamentals. It is upto the person concerned to do with what he have.
@all
Just ignore this kind of comments. When u r in trading desk, u should be zen monk...
best
sri
viren sir?????? hats offf.. will consider putting money on ur calls.
Ilango, If it comes down to 5033 levels first before going upto 5075-80 than can we construe it to be the end of 4th minor at 5033+- and opening of 5th up?
Piyush,
Don't do that. I'm providing support. But make your own analysis, and trade your own calls.
Make the call your own.
Sir,
Any body is having details about colouring scheme in the excell sheet (green, Yellow, Red )and how chnages ( in the excell sheet if automatically to change how to do - not with respecxt to Illango sheet -but generally in excell sheet as I want to learn and teach a boy who is seeing this TA sheet). Last year Illango ji oblidged me with details about this and copied but it crashed . No urgent reply .Leasurly reply me how to do step by step. Sorry for this posting in this blog
Thanks
Bala
Nifty bounced off VAL at 5050.
anandan sir,
hdfc bank is a good sell candidate. is it not?
Dear Ilango Sir,
SL for Short trade in NF?
Ilango Sir,
Whaat is the SL for nifty short sir?
Ref levels to the upside in Nifty is 5059-5064-5074
@Viren,
NIFTY bouncing off 5050-can you explain the significance. Trying to learn!! :)
People are finding blogs as trash and still they are following it for last one month and even comment on posts. And try to prove their profile by asserting out their designation. Would like to say those inferiors, that first try to appreciate others works to get recognized, then try to be a wise critic. And as far as Mr. Ilango's blog is concerned, in my knowledge, he is having one of the largest numbers of followers in any Indian stock market blogs/journals, and getting 100s of comments in his each posts. And I am sure this is only because MOST of them are making profit from his views/studies/help. Performance speaks in this market. Nothing else. Let the work talk for you.
My best wishes to Ilango sir, we are glad to get you. Thank you sir.
@bala
Go to home>Conditional formatting in Excel...
@babu
Sorry about missing your name before...about your strategy....bala/babu...got confused
Cheers
Hi..Laxsmi,
Exit the shorts...
new monkey has joined!!!!!!!!
Aah The Famous Satyam Sit,
Happy to see you here. Hope to see your Intra-day analysis. I like your views on your blog.
hahaha, @manojag.. some times we need this fun.
Or 700 band is the original monkey under new disguise?
Hi guys,
when the market sentiments negative..
Short side suggested all doing wonderful..
Nifty Top losers.. also same as my ranking top loser... Please note..
Infosys,JPASST,Hindalco,TCS,Wipro,ICICIbank, Maruti,Hindlco..
Anandan.R
Ilango sir can we again short intraday near hour high ema ie 5076?
negative divergence with 5-15 9 macd crossover in hourly and positive divergence with simlar crossover in 5 min. sir it means...............
@Shri Anuj Joshi
Name does not matter .It is the mind and helping tendency that speaks
It is not known ,when people coming to this blog , are reading sunday postings are not, is not known
Had they read, noises will not come, like to day
I had a doubt about Mr Rajagopal because of his writings /analysis etc are of high calibere . Now confirmed he is a fellow member of the CA insttute
Is it possible to mail/talkID of you
@viren your ID
if no objection
Thanks
Bala
Guys I'm scratching out of my short BN call at 8995. Not getting right follow through below VAL.
BN is stuck in a samll range today.
Will eneter short only below 8955.
dear sir
" whenever in to daily exel ,
stochastics 5-d goes abv 90 mark , mkt comes off the highs or revese direction" this is i learn from u so now i am sit on sell side or not ?plz comment sir for yr view
regards,
alpesh
Sathhesh,
Within Value ( if it is large like today) you buy at VAL and sell at VAH.
Buying emerged at 5050 which is VAL for today.
All the hour candles have long tails suggesting some buying at lower levels.
Till this low is broken "bear strength" will not return. Now to see how high this can go..?
@bala
you can get in touch with me on my blog or here in Illango's blog...and my mail id
anujjoshi.aj@gmail.com
I am mostly logged in to my blog than mail...
Cheers
Hi Guys,
Do you know the fact.. today I got a call from one of the big so call operator he have is webpage and he have paid customers..
He wish to have my daily suggestion..
& my so call No.3 big broker also called me an appreciate, the fact is before he use to send SMS calls but I don't follow..But now he is suggeting to have SMS..Calls.. I say sorry.. I can't do..& I don't indent to do..
This is what I am trying to say.. be more specific on our approach and guide the people..
Intention only Not to make loss on F&O trade..
Thanks. anandan.R
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New post done.
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SBI looking weak intra.short @ 2029
Regulators launch probe into euro trades?
http://www.ft.com/cms/s/0/3cbeb16e-2705-11df-8c08-00144feabdc0.html?nclick_check=1
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for positional trader read this news.
thx
rahul
I have changed, sorry babu
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