short term support will be @ 5330-5335.
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... -
5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
45 comments:
Ilango Sir,
Asper premarket view, I missed to book profit my NF short at opening, as I am out of station. Can I wait for down trend, or close at present level at 5345 NF
Thanks
Sir & family
GM
@sriganeshh
do send me 5 may mail too
manunidhi21@gmail.com
@ Prabhakar,
You should wait to book your shorts now.
Thank You Ilango Sir
Sir,
I have limited access to mail (not comfy with the mobile phone browsing). Please advise whether BNifty short at 9679 can be held - please advise a TSL.
Sorry for the repetition - u would have covered it in SW forum.
Friends finding Maninfra and Idea still attractive.
hi
viren sir ,
plz give the bank nifty vah-poc-val
regards,
alpesh
Ok, thank you....
so can we assume the probablity of a UP opening when POC is around VAL, and flat or down when near VAH ? hope am not trbling u much with questions....sorry.
regards
Ilango Sir,
Can I Book my NF shorts at 5330 - 5335 ? or wait for your confirmation again.
Thanks
Hi..Rajagopal,
Keep a SL @ 9730(its highest close).
Unless it breaks below 9440 in the next 2 days, the down trend will not be confirmed. So book profits in such a case.
Idea seem to be gathering interest compared to Bharti.
:)
Alpesh,
9575-9638-9650.
Ka,
Now see bank-Nifty's POC.
Price agreed on is closer to VAH.It's the reason why Bank Nifty is at VAL and nifty is at VAH.
Ka,
No trouble at all. Happy to help.
In MP the open carries a lot more weight than the close. What you see at the close should be justified at the open to ensure that there is 'Balance'
Hi..Viren,
Learnt more on VAH-POC-VAL now from your interactions with "Ka". Thank you.
@ Ka,
Thank you for those "pestering questions"..
sir,
I m long in tisco @ 672.7. Should I quit or should I wait
Piyush,
I was also expecting a bounce from low ema 5314 yesterday and went longs..It did so thrice upto 5327 but finally breached low ema to settle at 5300..need to study a lot from sir and friends ...what do you say:)
i feel nifty may trade in 5300-5360 range for most part of the day...with 5327-5333 as pivot points...buy above 5333 or near 5305-5312 levels and short below 5327 or near 5350-5355(all are ns levels)with small sl either side
@ prabhakar,
5330-5335 is support, if it doesnot hold u'll anyway get a gud chance to cover,
if it bounces day hema can offer resistance. u can add shorts there to rescue.
so my understanding.... wait
-ve div in 5 min ( last 30 mins ).
gd
@Viren/Ilango sir
NF holding on to VAH for almost an hour now. Should go long with SL 5330 or still a no trade zone?
interesting science viren....so many methods to monitor markets and it still eludes us, for market is but a collective human thought and as u know it has no bounds !!
I always felt an pure intutive person would be the real master of market....say, a pure zen master who is 'at-present' always...detached and yet does everything....he would just suceed, just...i tell you...what say you ?
So, more than macd's, ellits, scohs, mp's...we all should move to nurture our pure intution....illango sir, what do you say ?
thanks viren..
target 5399.
dow futures is flat and ok....
5200-5400 CE are seeing slight liquadation of short positions while 5300 PE is being writern actively....but wondering what hpnd to all those naked 5300 and 5200 PE buying of y'day....probably thats yet retained and the above writern ones are added onto !
any views ?
regards
GM Ilango sir, conservative short again taken @5364NF. Now wht sud be conservative sl?
Thanks
nifty gallops !....what does mp say about the sudden surge, viren ?
contemplating on options, i got this thought.....anybody, plz correct me if am wrong...
when buying naked ATM puts or calls, buy those strikes where huge OI has just hpnd or concentration is huge and market starts moving contrary to the accumulation....
@ viren
I am silent reader of this blog ... the analysis & people are really very good.
Hats off to Viren who warned not to short at 5345 as nifty was above POC.
test
Sir, will it be proper to sell nifty around 5370 spot for intraday to cover around 5300 NS
Thank you Piyush sharda
Some posts missing...
sir,
advice reqd for shorts now added at @5370.
Anyways...
5399 is where it should go today.
NIfty long initiated @5342 covered 50% @5374....should I cover all or hold rest for 5440-5500 tgts?
"a pure zen master who is 'at-present' always...detached and yet does everything"
ka ji - very simple to attain this state. Follow Mr NIFTY to the Shop (or come with me).
So alongwith our buy/sell list,TA at the opening bell, we must get equipped with Mcdowell(my broker gives a buy call every week end),Bagpiper OR the best JOHNY WALKER.
Did somebody listen to me (NO) - Videocon has given Rs 15 so far. Some IDEA ?
Sri - your point noted.
(Very cheap way - to post separate msgs. Trying to see my name more often?).
Bye.(2hours travel).
@assortz,
i too need to learn truckloads. viren sir saying 5399, tensed abt shorts.
sir some posts r missing is guess
Ilango,
I feel CAIRN looks hot for coming sessions.Can u plz confirm.
sir bajaj hind again down today any update
Ka,
I read ur comment about developing pure intuition and some also call it being into the zone....i have come to similar conclusion ...but the devil is in detail...so question is what are the steps to reach there..:)
@piyush,
Yes here too tensed after shorted at 5360 but will hold till 5400.. yesterday I messed up trades…went short@5350 and closed at 5320..and went longs based on low ema 5314..and covered longs at 5300…today we gapped-up 5330 and Marched upto 5370 :) …
OI ki oonch-neech....
5300 PE written today 16 Lacs.
5300 CE increased/bought/additon today by 12 Lacs.
Clearly says that 5300 is new 5100/5200..
Get ready for 5400.
Get ready for 5400 today or Monday
its now
total 17 Lacs addition of puts
in 5300 PE.
take a long trade,
but do keep a TSL, or hedge urself.
Hi All,
I am new to this blog ( 2 or 3 days going through it).
Have been a longterm investor in stock market so far and an Electronics Engineer by profession.
New to F&O and trading, know the basic concepts and do small Nifty FUT trades based on my learnings.
Can somebody spare time and please explain me the Tech Table and Pivot Table. Or atleast please kindly direct me to past posts or website reference where this thing has been explained.
Thanks,
Shalini
Shalini,
Always Start Trading with these
1. Trending or Sideways.?
2. Pivot, support & Resistance
3. ORB
4. Divergences + / -
5. Trade time cycle-Min/Hr/Day
6. SAR signals.
7. Trading Discipline
8. Tech. Table Reading.
Sunil
moneyinrupees/sunil,
Thank You.
I will go through it.
Thanks,
Shalini
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