Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...

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I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark...
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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 ...
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Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
44 comments:
Good morning Ilango Sir and all blogmates.
Sir, As per premarket table, SL for conservative shorts is 5330. Is it NS or NF?
Illango sir
i am long from 5280 .....as per your advise to remain long for short term in premarket
in fresh is it ok to remain long sir....as it is showing some weakness on sustaining above 5290
regards
vikram
Sir,
As per Tec.table,VAH : 5280, POC :5267, VAL : 5257
These levels are Nifty spot levels or Nifty future levels?
Thanks
Prabhakar,
Fut levels.
Viren Sir,
As per premarket table, SL for conservative shorts is 5330. Is it NS or NF? Thanks in advance
Ilango sir plz clear about conservative trades, r we exiting our shorts @5260-65 and going long??
Thanks
Prabhkar,
5330 as per spot.
Sunil
Sethu (AUM),
Just a request as i can sense that you are a mature trader, so kindly refrain from giving these types of replies. As we are a family and all this spoils the decorum of the forum.
regards,
Sunil
Thank you moneyinrupees
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Viren's VAH has confirmed the power of bulls as of now.
To Vikram's ques. yesterday, it was suggested to exit shorts.
To clear doubts, another suggestion to exit is mentioned in PreMarket view.
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AUM SECURITIES,your level are quite good and prediction and knowledge is appreciable but as you know this blog always enriches others by their opinion and knowledge so plz how u predict them plz clarify so that we can improve our knowledge Thanks
Ilango Sir,
Yesterday and to day some problem in network, I am still holding my NF short initiated at 5300.Should I hold with SL5330 NS or exit at present levels? Please guide me Sir.
@viren
thnx
oh thts ws realy at right time..unitch
plz gv ur view and cn u post a chart on vtrender for ths ..careful on upside..wht s vah nw?
Sethuji, (Aum Sec), i am long today at 5280NF, what is the target for intraday?
hi guys, i hv found out one more blog good for traders, 955am.com, pl visit & find out the usefulness yourselves.
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Nifty is still stuck in a range of 5190 - 5330.
There are 2 scenarios are at work:
1. A consolidation @ 5265 - 5285 and a move higher, break 5330 towards 5400+
2. A flat trade in 5265-5305, and a fall towards 5220+/- and then another attempt to move higher.
In both 5260-5265(5-day ema) holds the key.
For the current long , keep 5257(VAL +/-) as SL.
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Ilango sir, if i look for 2nd scenario, can i keep 5305 NS as sl? plz suggest?
Ilango Sir & Friends,
I am forced to travel without plan. I am presently travelling inside Maharashtra. May be for sometime you will be releived of me.
Regards,
S Rajagopal
yes..bizagra,
It also coincides with Sundar's range of 5194 - 5307.
"Shai" has mentioned about "heavy" build up of 5300CE and 5200PE. SO far 5200+ levels has been protected and few days ago 5300+ attracted selling pressure. It is status quo now.
We should watch intraday NF volumes to figure it out early as "Mynac" has been insisting on.
rg sir , we all miss u so much
sir we bounced thrice frm 5240 thereabouts in this correction, that shud also offer support
@RG
I am in pune, if you need any help..
@ Rajagopal,
Have a safe trip.
Rest assured that all that goes up will eventually come down..
I wish it does early to make it less painful.
Manu,
Today's values 73.65-73.55-73.
RajaGopal,
Travelling and still checking.
Cannot resist the lure of the blog? eh :)
Have a safe trip.
@ Viren,
Don't forget today is 1st April......solong as RG's comment is concerned.....
it may be.......
RG
Are you going to Siradi
If so pray for all
Wishing you safe,happy,enjoyable trip
Thanks
Bala
Dear ALL,
Today is the last day for trading in this week,
tomorrow is holiday is there any chance for profit booking????
happy Journey :)
Arpit :)
BN below value. Nifty at VAH.
only nifty spot going down future premium increasing. how can we interpret it
Viren sir ....what exactly it shows sir
regards
vikram
aum,
You are getting on my ( and i think many others here ) nerves. You want to hear this -- you are good. ilango sir is not as good as u are --. But I choose to stick to his blog for now. And if I really feel so, I will take a look at ur blog. Till then stop posting unless u have something more to add to help new traders like me.
gd
what's the short term target for SBI ?
Viren sir
Ilango sir has nifty VAH = 5280 POC = 5267 and VAL = 5257. This is the same you are also following? Pls confirm.
Vikram,
Reliance up, banks down point to a range bound environment.See only 19 points since morning.
Best results when all 3 move in the same direction.
We may get that only in the 2nd half after 1.00 pm.
Yes Govind, I follow the same.
thankyou viren sir for your reply
pl. inform whenever you feel that now we can initiate long/short for fresh....after 1.00 pm
regards
vikram
Hangsang & SingTimes are open only for 5.5 hours. No reason at all to keep this mkt open from 9AM. Now I think everyone is simply sitting and wasting 1 extra hour in market. Extra torture only.
Babu Sir,
TCS IS MOVING AHED ANY UPDATION PLS UPDATE
Not only torture Mr.Govind extra hole to Bank Balance also I think.
you are very right govind bhai
even there is a rumor that they are going to extend further upto 5.00 PM
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NEW POST DONE
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OK. till 5:00PM means, we can simply come to market 30 minute before europe opens. or else waste 2.5 hours extra for nothing.
Prabhakr.
How u can lose bank balance when there is no movement at all for almost 75 min. It is simply time waste.
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