nifty is heading to 5080 in second halfreliable sources
Ilango sir would you please eloborate importance of POC
Viren,Thanks. Do you suggest any other improvements required to my Excel. I am only maintaining 18 stocks. I can add some more stocks with good momentum, please suggest if you have anything in mind.
Manoj,reliable source means FII's or DII's?
what happend to hul should it be bought at this level plz give suggestion
@manoj @Sujata.From the data.. simple interpretation is that FIIs are bullish and DIIs are selling.. but FII bought doesnt mean that .. they bought cash/fut.. they may have covered their short position (puts) and vice versa in case of sold... So u need a lot of combination to work on.. its quite complex to understand the whole game... simple way to make money.. follow the trend (price)... 8 out of 10 times.. u'll be in profit. Cheers..
im traling Nifty future short but as a contrarianbuying Sesagoa on dips with proper sl.views welcome.
Time for Cyber Criminal's appearance !!!
rajgopal sir yesterday u guessed right abt radhika
Thanks to all. @ Rajagopal :) If he is Swamy Bangalore hope he will not come here again as we identified him.But his style is not like that..."came, come, will come" type. If you want water ask him...he will give you "siruvani" water, coimbatore - karar -nu solluvango..Regards
Sundar,I have always looked at price in context of volume.Your sheet is excellent, but as mentioned to RajaGopal, try to add 5Day vol and 20 day vol and the diff in the values will serve as an indicator.
@ people who are making EOD excel sheetsPlease check High low close of UnitechYou will notice a freak quote in Unitech(I use PIB) High 79.8 (WTF)please be very careful with this kind of stupid data...NSE (WTF)I had problems with this before...all high ema and indicator calculation based on high and low will get wrongly calculate...hence analysis will be wrongCan somebody suggest a method to filter it ? apart from manual correction..?@Ilango...please dont delete my message ...WTF means "World Taekwondo Federation"....;)
Dear Ilango,To day up to 12.20 p.m. 32.35,on on 10/03 = 43.95 ,on 9/03 = 32.50,on 8/03 = 39.80.These are the intra day ranges for Nifty Future for this week and on 8/03 Nifty Fut. O.I. was 25851600 at present it is 28107050.5092.3 was low for this week and 5145 is the top.Bulls are trying very much hard to keep the pace and bears are unable to push it down as per their wish.If,if nifty will go up from here and just imagin that if it shall start trade above 5180 then shall it be the roll over for nifty for next series? interesting to watch.The head is telling something and the heart is saying somethig.This is the tough part of this business.P.S.Just Nifty O.I. changed during my typing and comes to 27517250.
Can anyone please explain VAH, POC, VAL. I may have missed earlier posting.1. What is the full form of these2. What is the importance of these levels. Thanks in advavance
Mr.Raja,you fall in LUV with cyber:)Pls dont pull me into action!! am little busy!
@ RajvadaMarket profile terms as follows:1. Initial balance - market activity in the first hour2. Range extension - price action extending beyond the initial balance3. Range - range from high to low4. Single print buying tails - any single print TPO's at the lower extreme of the profile5. Single print selling tails - any single print TPO's at the upper extreme of the profile6. Point of control (POC) - price level of most volume. POC indicates an area of greatest market activity7. TPO - stands for Time Price Opportunity. Letters are used to build the market profile structure. Each letter represents a half hour period. The letter is also known as the TPO.8. Value area - price range in which approximately 70% of the market volume took place.9. Value high - the upper pivot of the value area10. Value low - the lower pivot of the value areaHope it helps
Dear Sujatha,Now siruvani dam water is in very low level. With in two months if there is no rain, engapaadu thindatam thaan.
@Rajgopal@PiyushR U gUYS SURE.REGARDSRadhika
hi..Rajvada,You will find a write up on it by "Viren" here.http://tradeinniftyonly.blogspot.com/2010/03/market-ptrofile-to-sharpen-your-trades.html
Dear Anandan,If you are interested in sharing your knowledge with our readers with restraint and focus, please continue to do so.This blog is everyone's and it is becoming a stronger team everyday with serious contributions and exchanges.Yenga appaa yeppavum sollaradu."Yelai..oun thuruthiya oodhuda..!!" "If he can do it, so do you".I mind my business here and I see most do.. All the rest ...just ignore..Once you are in the field, just kick the ball- Ilango you are much more respected from now on. Jahapanaah Tusi Great Ho. Salute.
@ Manu,This is the view of my critic:If market spends in a range like this for 6-8 hours more, it will set itself a base for another 100 points upmove from say 5090-5110.It coincides with our assessment of a sideways move within the channel.
@leaning EWNo probs ...How much time it takes to copy from desktop to Illango's blog :)
adding L&T to contraian buy list.
@Ilango Sir,My admiration for u does not change and is not based on what others write but is on my own attitude and experience of life which i had amassed over last 35 years.regardsRadhika
Ilango - (6-8hrs) means till Friday 1 pm?
If Market wants to move up then the timing is incorrect i.e. at 1.00 p.m.Up move in a hurry shall lead to fall.Bulls must wait and will have to bare bears,if they want to keep the pace.Dear Rajagopal's 2.30 Factor will be very important to day.
SirTime to short Bank nifty? It is stuck in 9155-9165 band.Regards
What impact is expected on market due ot IIP data.It seems to be released tomorrow
respected Illango sir and otherssir can we initiate a short in banknifty here around 9140?regardsvikram
@Ilango & Anuj,Thanks for responding.I think now if market breaks 5132, it would be first sign of short exit.As per Ilango's critic we if have to go down, we shoul break 5090 and then 5070. Otherwise risk of breaking towards upside are high.Let us see what pans out first 5132 or 5090?
Dear Mynac - 2.30 Thursday is +ve for me. Particularly when Euro opens -ve.Hope market fools me as usual.
Dear Rajagopal,You are right but this was the 3rd attempt to cross 5131 by big volumes i.e.100000+ in a minute by Fut.Nifty but some how failed.We will find out then whether it is pretending or really getting tough.
It was pretending.
Most likely we may test 5200+ before we fall .. in the next couple of days
Still can't say.
Ilango sir,Rajgopal And other seniors.i have usually watched volume of Minnifty.Usually they buy/sell is between 1.25 - .75.If it is more then 1 then nifty usually goes in + mode.As per my calculations today it is 217/77 at this time 1.25 hours.i think we should go and cross 5150 soon.regardsRadhika
Buy and sell volume = volume
Good after noon Mr.Ilango Sir and all blog mates.
respected Illango sir and otherssir can we initiate a short in banknifty regardsvikram
@ allCan any body tell me some reliable source for Company's Fundamental Ratios...I was using bloomberg for EPS for long time later discovered that all that information is wrongNow using Indiabulls and money control...which I feel is quite reliable...I need a website from where we can easily download fundamental information and ratios like EPS,Debt Ration,ROE,etc...Help need .....
Vikram - I am also itching to go. But so much strong feeling of +ve movement over all. Decided to wait.
@Anuj... try NSE website. it has most of the details. Rgds.
Vikram,Refer this for ur query http://wealthinnifty.blogspot.com/sunil
@joshi pa ji u cn try mastermarts.com
hello anybodyif anybody knows,what is the catch with oil marketing companies, todayall are down heavilyand what are the technicals telling in IOC, BPCL, and HPCL, thanking urparekhr
@r mI answered your questing in my blog..you said yesterday here you are good in google search...can you find a reliable source fundamental ratios and company information@NavnnitI will see..I dont think its given in a very friendly form...I need a screener type information...NSE will have information based on each company...I need sector wise fundamental ratios...like in moneycontrolCheers
You can try this link also. powered by Capitalmarket:-http://www.anagram.co.in/anagram/content/ana_equity.jsp
Rochak - News : FM surprised Petro-Min in the budget putting price-decontrol plans in jeopardy. Petro-Min taking up with FM - today Eco-Times.=========Tech : Only BPCL is tracked which has -ve divergence in both ST and LT,though LT is in OS status.
Hi Radha - where do you see volumes of mini nifty regards Deepak
@AnujI use ICICIdirect's research link, that is pretty good though they take their own time in updating! Will look around if there is a better alternative.
@thnx sirhw much imp. u gv 2 $ index..
Ilango,any change of views? or are we on track and can add more shorts.best
DeepakSorry, not total Volumes, but total buy and sell at any given time. You can see both in your odin as seperate column.Please see the diiference.regardsRadhika
@manojagyes your links are good...they are all like indiabulls...help full once we scan the sector and close in one 3-5 companies...I am looking for a screener thought ...check moneycontrol you will know exactly what I mean.http://www.moneycontrol.com/stocks/marketstats/index.php@rmyes you are right...Icici direct is completely useless...I opened an account just as it had some very interesting features...and i like that screener...as I was using fundamentals when I started trading...But they never update the site:((
hey peopleanybody favours a double top scenario, after todays hit at 5148 NFplease elaboratethanksrparekhr
@ManuDollar index is very important as far as world equity market are concerned.if this index moves up then expect weakness in world eqiuity market.Equities and $index move opposite to each other.regardsRadhika
ilango sir and friend can you plz guide abt hindustan lever
@ Sir, Tech table updation pleaseAnybody using FIBO level for trading... nifty retraced upto fibo level of 1 and -ve div. in 5 day charts?? Thanks and regards
Contraian buy on dip worked in L&T but Sesagoa waiting.
@Anuj : try this... dig more deeper, am sure it'll be helpful.http://www.etintelligence.com/etig/researchchannels/markets/etindices/etIndices.jsp?leftNavMenu=Markets
Dear Viren,Are there any changes in values now?
2.25 lull before the strom ? Or Bell before the elephant ?(Talking technically so that others won't understand).
dear sir ilango,in nifty hourly chart combination with 21-SMA and 35- SMA incation that short buz 35 hour sma cross up the 21 hour sma.now both are near to inchothersir yr comment plz ?regards,alpesh
@navnnitthanks for all your link and effort..this one seemed good...but digging deeper I got a message it is premium area ..please register..I just hate when people sell freely available news...thinking they are smart!!
NW18 Equity Alert: SpiceJet up; report 3 foreign cos may take 40% in co===Broker circulated msg.
5,125 5,129 5,114 @ sujata ema , hema lema 5,106 5,123 5,080 day ema's
@ alland those using amibroker/meta stock/any softwareplz plz can u gv me intrday chart of RNRL fut on 22-1-08..(not high low but full intra day chart)ths is urgent..i m not able find on nse website..will really be helpfull
@Anuj.. check this..http://www.etintelligence.com/etig/researchchannels/companies/companyprofile/companies.jsp
Dear piyush sharda,Thanks.
2.25 lull before the strom ? Or Bell before the elephant ?@rajgopalWill this strom effect bulls or bears Please explain non-tech so that all of us understand.
Ilango sir, why nifty spot is trading static at 5124 for a long time now?
market below 5119what is SL for longs or right time for shorts
anuj,anything we need can be sold it is not unethical.he/she is doing something for u. y we shud be angry if he charges. who thought 15 yrs ago water will be sold for rs 12 and all will drink it
@navnnitcheck this sitehttp://finviz.com/Now that what the content of site should be...so much organized..and user friendly...Indian websites are ages behind when it comes to content
Ilango sir, when will nifty become over bought?
= = = = = = = NEW POST DONE= = = = = = =
Illango sir,Buy /sell ratio in minnifty is 2.2 at this time.in this case i have seen that market should be in ppositive mode atleast +40 in nifty. in fact it has gone down, so as per my study either it should come to 1 or go below 1 or market should move up/ bounce back.what do technical say.