Tuesday, March 30, 2010

Nifty PreMarket View.

"Sundar" has gone through vtrender blog hosted by Viren and shai and he has applied his knowledge gained there about "Calculating the likely high & lows" for Nifty. He found the likely high as 5332 for 29.03.10 and Nifty made a high of 5330.
For today, he has calculated it as 5354 to 5250 with a bias towards lower level(Latter part) based on another study of "Options".
I have suggested him to test it out for few days initially and it could be combined with other studies for more efficiency.
I feel blessed to have such "sincere" people around me.
Thank you...Shai, Viren and Sundar.


39 comments:

Paresh said...

Today is the day to relax and finish works other than stock market. The word "flat" could just get redefined in a strange and shocking manner!

Unknown said...

GOOD MORNING TO ALL MY BLOGMATES

r m said...

Good Morning all!

arpitg345(gauresh) said...

Good Morning ilango sir and other blogmates

-arpit

Unknown said...

Dear ilongo sir how you are updating the excel ,,are you updating manually ,then you are doing it hourly and entering the high low and close values each hourly......need so much of time and patience ,,,or you are update is automatic..........just as a new person asking ....any body can answer if they know about updating the excel sheet

INDITRADER said...

Gm Illango sir & all blogmates

Viren said...

GM All.

Unknown said...

what is VAH & VAL here ...is it volume high and low ....if so how these values helpful in trading ....tell me please

Viren said...

Srinivas,

VAH & VAL are value area highs and lows resp.

If you search the archives of the blog, you will get more info on these.

Sundar,

Excellent work.Some more light please, on why you see 5250.

Bhushan said...

Jai hanuman gyan gun sagar

satheesh said...

Good morning ilango sir and all

@ viren,

VAH POC and VAL values for tatasteel and reliance please

Sunil Sehgal said...

Srinivas,

Excel file is updated manually by putting the hourly figures.

regards,

Sunil

satheesh said...

Viren,

When the VAH, VAL coincides with the resistance, support values combined with EMA like yesterday in tatasteel gives a good intraday trade. Previously I had asked you about using MP for positional trades. Please post an article at your leisure for the benefit of many people. It is my humble request.

Babu said...

@RG
Our TCS working out :)

Unknown said...

will anyone please tell me the full form of VAh , POC, VAL . I AM SHORT IN nIFTY FROM 5100 AND COULD NOT GET OUT CAN ANYONE SUGGEAT HOW TO GET OUT WITHOUT LOSS.
RAKESH

youtubeuser said...

Thanks Babu for the TCS call

Viren said...

Satheesh,

Reliance-1108-1107-1103.2
Tata steel-649.6-648.6-646

satheesh said...

Thanks Viren

Babu said...

Broker call:- Jindalsaw short, sl 222.50 target 198.(Future price)

Rajagopal said...

Good Morning All.
Babu/Arun - enjoying the software?

Viren said...

Satheesh,

Welcome.

For positional, you have to look at weekly, monthly profiles instead of daily.

Same concept- daily, weekly, monthly.

vijay said...

Hi All,

I have one doubt and pls clarify. If i sell both 5300 PE and CE how will i get the profits in a range bound market. Some one pls explain.

Thanks in advance.

youtubeuser said...

Yes rajagopal sir, hope u r also enjoying the software with us

sundar said...

Viren,

I have sent you an email. Regards

Babu said...

@RG
Yes :) another 2 calls are there. one is jindalsaw and another one unitech

arpitg345(gauresh) said...

@ Rajagopal,

which software are u talking about?

if it is to facilitate in stock trading, please let me know. If possible send the link at :
arpitg345@yahoo.co.in

-arpit

Anonymous said...

GM Ilango & Mates

Babu said...

@arpit
yesterday we discussed about TCS short... not software :)

DCStrader said...

Viren

so if Tatasteel remains below 646 its weak & abv 649.60 strong?

Rajagopal said...

Babu - both Short or Long?

Rajagopal said...

Babu - TCS Futures on buy call - just now.

Unknown said...

Dear blogmates

after entering the hourly data (open high low and close) in DATA H sheet of our excel immediately what for you are looking in the sheet ......now at 10:00 clock the after entering the data the high EMA of our Blog DATA sheet changed into green before it was red ....what is the inferance ......please tell me if you can ,,,,,,please can any body explain how to get use of this excel .....asking this because i am new and not able to understand the previous posts given on the issue ....if not possible now after market hours also ....please somebody helpme ......mail id is
"saptasaila@gmail.com"

thanks
SRINIVAS

Babu said...

@RG
Jindalsaw short, unitech long

Babu said...

@RG
Jindal saw shorted at 118.45 sl 222.50 target 198, Unitech went long at 73.65 -- all are future prices

youtubeuser said...

rajagopal sir,
do u suggest to go long in TCS?

Ilango said...

= = = = = = == = = = =

NEW POST DONE

= = = == = = = = = = =

Babu said...

@RG
i am going to keep TCS short, sl is break even @822.45

Piyush Sharda said...

sir,

when market rises fast and hits resistance (channel;) shows divergence and spends time there. day hema and ema rises, similarly when market falls shows pos divergence and spendas time there low ema falls.

sir will it not be better to initiate short positions after close below day hema and long above close because hema rises as market spends time on top and lema falls when market spends time at bottom. loke dhema is already 5299 now

Sringesh said...

Good Morning all,

Can anybody guide me where can I get hourly historical data of NSE in csv or xls forat?

Thanks in advance,
Sringesh

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