Will get back after an hour.
Critic says...Buy Suzlon with SL 73 for a target of 80+ positional.
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 ...
81 comments:
The values mentioned are for Nifty future. Please adjust accordingly
Sir,
I am in short of Unitech @74.60 and suzlon @77. Its bad that you are giving long call :)
Battle at VAH. Sellers are showing intent.
Positive divergence in BN. Buyers to previal temp..
MOK- Averaged and brought it up. Very bad habbit. Just a long rope - all shorts in April.
Wanted to discuss this bad trait in me. You adopted a nice way to get rid off me - I am Icharting.
when Illango says he is going off for an hour, people have stopped commenting...Did he say that the blog is shut?? :)
Bought @5242 Sl 5230
The world bank thursday approved a record $1.05 billion credit line to help get more children into schools in india. Education sector may be in focus, NIIT, Educomp, Edserv etc. Just an information
Buy nifty 5200 call @ 75 Sl 69 Target 90
5,249 5,247 5,254 5,240
5,250 5,248 5,255 5,243
close ema hema lema
for 12 and 1 pm
Viren
lunch time :P
Nifty @ VAH & BN +divergence.
intresing
we need to sustain above 5264 for upside.For the moment sellers will take it back to 5250.
No trigger happened in Gann so far.
But look at the levels..
Day high and day low of nifty so far is within the levels given by Gann Method..
""""
Testing a new Gann Method Today which says
Buy Nifty only above 5262.65 with tgt 5286.86 and stoploss 5238.50.
( Pls do not trade this), This is testing of Gann method..
If 5286.86 crossed then 5311 next tgt
&
if stoploss 5238.5 hits then stop and reverse tgt will be 5214..
Safe shorts are below 5231 only for tgt 5207.
Regards
Happy """""
@viren
5252 vah 5251 BB2 on 5min TF
5242 poc 5241 BB3 on 5min TF
huge volume in shaven wide neg bar.
20sma 5260
all Future values
@ aarvee,
singhal singhal bhai bhai.. hehehehe
Yes Navnnet,
It also suggests that the grind continues...every 5 points will be fought for.
Yesterday the call OI disapperared EOD...let's see what happens today.
this increase in time from 9 am. what use is that except for more boring. i am feeling so sleepy bcos of the pats 5 hr of bore.
= = = = = = = = = == = =
tech. table updated IN THIS POST ITSELF.
= = = == = = == = = == = = = = =
Illango's back..
Nifty in the same spot where you left it...
@rajaG
buy may for inbetween 5310 ?
sel apr for inbetween 5180 ?
Navneet yo'r kidding me...you put your phone nos on the web??
HI Again,
@Mok
Thanks for asking the inputs in excel sheet.we can start by compiling data available EOD from NSE as O.I.,change in O.I.,VWAP,IV,Range,change in O.I.and price in one day and w.r.t. the start of series.
In second phase we can add option greeks,then calculators,then interactive so that anyone can feed the data for a strategy and get results.
@Navneet
Thanks for accepting the proposal.looking forward for the weekend addition.
@Viren
U were right in putting across the doubts but then i met this partner in crime(kumbh me bichada hua bhai,like RG and Manu) ,Navneet last night,u should visit his blog and see the work(mine,ha ha ha)presented by charts.
what i sincerly feel is that these data's may not be the"Lighthouse" but certainly are a "compass",that may help "the Captain"(Ilango sir) to navigate the ship in the "Sea"(Nifty)with help of the "mates" through the (EW)"Waves" in the right direction surfing with favourable "winds"(trends)and weathering the "storms"(whiplashes)
want your doubts and inputs for it.
@Happy
Bhai, tu to bahut trigger "happy" lagta hai.nice meeting u dear
5,245 5,247 5,254 5,241
close ema hema lema for 2.oo
Viren
thats for marketing.
"5-MINUTE NEGATIVE DIVERGENCE " confirmed by a wafer thin margin and weakness thereafter..
@RV9
you got a good one.
will startup on the data compilation, then youcan process & put it up [like sri did].
hei, you are a good writer .... :)
words flow in a trend.
sochta hu somwar sone ke liye kuch lao office main
@Navneet,
option data if correctly shown on NSE shows rangebound trading today betwwem 5240-80
IMPORTANT:--What caught my eye is reduction of O.I. in 5400 puts(though O.I. Is very small) by 35%!!!imagine.why would somebody smart wants to do it,unless------dhan tanna---
learning EW,
I had to make another gmail ID, so I could be on the blog. In these days of ID theft, I'm kind of surprised people don't take precautions with their personal data.
discussions take place here for last 2 days by veterans are very enthusiastic for kind of sleeping students like me..and i need to really pull up my socks to remain in this blog..even as silent viewer..MILES TO GO!!
Viren
i hv too done the same a u hv.
he provides diff services for which he gvs his personal id & no. so that ppl can contact him.
mkting. :)
@ aarvee,
" IMPORTANT:--What caught my eye is reduction of O.I. in 5400 puts(though O.I. Is very small) by 35%!!!imagine.why would somebody smart wants to do it,unless------dhan tanna---"
Can you explain?
sir at 5238 bottom there was aslight +ve divergence. yesterday high 5255 today negative divergence. and today at 5256 12.39 and 5251 1.46 hidden bearish divergence it led to fall to 5238 when pos divergence developed. u must be thinking i am so confused. actally i am.
Ilango sir, any update on tata motors given in stock wealth? I m keeping sl 760, is it ok?
Thanks
read negativ divergence 5257 today and 5255 yesterday in above post
Ilango sir also u gave "5-MINUTE NEGATIVE DIVERGENCE " confirmed by a wafer thin margin and weakness thereafter..", this has anything to do with conservative people??
thanks
Ilango sir,
There is a definite +ve diversion in last one hour trade and there is also a negative diversion in last three day chart.
Can there be a gap up or positive first hour on monday (hrly +ve div.),if markets end range bound today ,say upto 5300+ and then a dip (daily negative div)till end,monday closing red.say near 5200.
your comments please-------
@RG
Sorry Bade Bhaish. aaj kahin nahin mili,next week quota poora kar denge.
bhaiiiooooo banknifty view pleaaase
holding longs@9275
vikram
exited nifty 5200 call @ 75.5
exited nifty long @ 7546
There may be more upside left before this 5th wave is exausted and it may go beyond 5300 in the next wee. Gap up on monday will depend on signals from world markets. Still trading above daily high EMA and almost at hourly high EMA. No immediate signs of weakness.
AARVEE9 : ship...where to load the Dunnage(Hedging) and offload Debris(Stop Loss) must also be addressed.
Inspite of these divergences, spot has still not come to Day High ema @ 5230. Once again the corrections are on intraday....what a 24 point spread..
Nothing much to add.. Except that prices are firm above all ema(Day)
WHOOOOOOOOOPS-------
The effect of positive diversion(indicators inline with the trend tend to give better results,once again proved).
how i love u Mukesh Bhai,RIL above 1080
@sateesh
this is the "------dhan tanna---",now u got it,
no better teacher than markets,listen to them even if they wisper.
Illango sir....should we carry banknifty long
or to exit at EOD ....it is almost near my cost
pl. advise sirrrrr
vikram
premarket buy 5235/5250 cane with positive divergence after 2.30. i missed it.
@piyush,
ya it can't get better intraday,
sir's prophecy,in line with our little nuggets,in line with +ve diversion ,in line with trend.
voila!!! dessert served at 2.15 ,eat it up by 3.00.a rs.17.5/- 5300CA goes to rs.25/- what more 45% flat
futures r knocking at 5300..16 pts premium to spot
Gann buy trade clicked at 3:02 pm...
will test it.. tgts seems to be 5286 and stoploss below 5238 trigger was 5262 cross..
illango sir pl. guide me on banknifty
regards
vikram
Hi RV9 - Give me also the credit. Bade bhai reached 1097. Holding with greed.
So Friday .....(broken trend).
But 5267 still looks to be a minor hurdle?
Vikram,
Hold BN
Ilango
how hv u used adv/dec data?
rajagopal sir,
I am carrying my short taken at 5250 levels for this monday.
Are you planning to carry any position sir?
Frankly very afraid about spot 5267. Ok since yours is short I will go long. It will be Mukesh Bhai's Foot Prints on the sand.
@Navneet
the nifty holds the range 5240-80 as mentioned
o.i. data changed fast now 5400pe in positive accumulation.
@RG
sir kal se urj kar raha hoon ki market sometime obligies bizzare fools bragging and it has been doing so whole of this sweet march.also obliged yesterday and todays intraday closing(though i dont bet on them)but big game will be monday,(just check my last comment to ilango sir),if that happens will have to pay advance tax with corporates???ha ha ha
mein subah se kah raha hoon ki bade bhaiya ko "chota" peg pasand nahi hai aur aap unki shorts mein jahnk rahe hein.
@Vikram,
I am giving "Bank Nifty" levels for trading in "Stock wealth" blog. Follow that. You would have got a perfect entry to hold it.
@ learningEW,
Will explain & share that file too.
for Arun Kadri
Frankly very afraid
"market sometime obligies bizzare fools"
RV9 - I know the name in your mind when you wrote it. Ok man. One for you.
Ilango
gr8 sir.
@RG,
ya RG team work pays sometimes even though stocks are not a team game.
I am holding Bade bhaiyas charans tightly since below 1000.he gave his aashirwad today too.
see it pays to respect elders and not jaanka-jho oki their undergarments while touching the feet.
No RV9 - I am Very Long with Bhaiya - large from 987 levels. Only to save other shorts I want market down.
That is what I meant. Always with Bhaiya.
@RG
COMEON RG let me be the "bizzare fool"this time.dont take away that from me.
RV9 - Frankly 1020 from RIL can be expected ? Became natural hedge against my Shorts !!!(April-will hold the short,back of the mind RIL thofa the cushion).
Ilango Sir - Please have a look at ABAN,if you could. My favourite is not obliging.
Bye All. Have a nice week end.
dear rajgopal
i have hedged my long in nb ventures, infosys, bharti airtel, mcdowells with a RIL march 1050 strike put bought at rs. 2 and a mini short @ 5272 april
i need ur special comment
as i really love ur harsh and hard hitting selfless criticism for my own betterment
thanks replying asap
Sir,
I want Nifty and Nifty F&O in a single chart.
At present we are getting nifty chart seperately and F&O seperately
Is there any site is giving this type of facility. (both EOD and intraday )I dont have any professional softwares to configure. Just following the blog.
Thanks
Bala
@ RV9
give me your ID.
I am sending you an excel.
You go thro it and comment.
Then we will add to it.
@RG
Definatly markets will oblige u on monday closing, but cant say that for below 5200 in a big way.
1020 RIL,will be a dream this series ,if comes i will mortgage my house to buy it,max. 1040. but i expect 1120 this series,lots of short rollover getting covered.
april end will give u cusion ,pillow,mattress,all bed linings,and a good cot.
take care,
have a great week end
bye everybody ,enjoy
@ bala
try this link
http://www.quote.com/global/futures/chart.action?s=NIFTY+H0-NSF&chartUi.period=V&chartUi.bardensity=LOW&chartUi.overlay=%24NIFTY-NSE&chartUi.bartype=LINE&chartUi.size=650x450&chartUi.minutes=
bars are Spot
line is Future
RV - Sorry I meant 1120 ONLYYYYYYYYYYYYYYY.Bought xxxx @987.
@RV9 RV9
give your mailID ...
this weekend wil be useful
@ ilango sir,
plz try this graph link, both Spot & Future.
http://www.quote.com/global/futures/chart.action?s=NIFTY+H0-NSF&chartUi.period=V&chartUi.bardensity=LOW&chartUi.overlay=%24NIFTY-NSE&chartUi.bartype=LINE&chartUi.size=650x450&chartUi.minutes=
@ mok,
its @gmail.com.i have a handicap in anytype of software development(compu-illiterate)but can give u inputs as to what data will be required to chart our way.
@ RV9
first i will send you a basic excel.
see that, and the remark in it.
then we wil try more.
@ RV9
check your mail & tell me.
@mok
got it dear,thanks
will go through it and reply u.
will go slowly.also think of some process to backtest if data is available and also will have to take RG's/sundar/Happy's help, so that the data automatically updates in EOD,no manual work?
ok, bye for now ,thanks for all the efforts and time.have a nice weekend
sir, what's IBSEC trend please explain
Dear Ilango/Blogmates,
Regarding RBI's action after market hours at 8.00p.m.Comments will be appreciated by all.Thanks.
satheesh, we wil get a fair idea since its quote gets available from our 7 am onwards.
on Monday morning on
http://www.sgx.com/wps/portal/marketplace/mp-en/prices_indices_statistics/derivatives/delayed_prices/infe
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