GM to all.
I hope some profit booking is done at 5235.
I am yet to update my files.. Will be back after 30 minutes.
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...
34 comments:
Good Morning Sir! Now all faces are happy.:)
rm - Big time happy. Your "ears" say that you were too good a "student" - is it right?
@sir
GM
lucky tht u wr late.. suzlon stop out 71.6..
but as u wr missing i also escaped and still holding:)
good morning sir,
we were waiting for your updates.
i hope you are alright.
@Manu
updated suzlone weekly chart
http://niftychartsandpatterns.blogspot.com/2010/04/suzlon-in-triangle-about-to-breakout.html
thank you
Manu (too soft for a scorpion) - GM. You promised to change the photo. Say a big hello to her and put up the snap.
@Raja
Appearances are often deceptive, though my friends call me mug because (they say) I am equipped with handles. :)
manupaji, 955am.com says nifty will go to 5400 due to short covering in IT stocks.
fiftypointsaday.blogspot.com gives today's range as 5246-5320.
hold your long, i have booked my nifty short at 5255, 125 points profit thanks to Ilango sir.
sir,
can i shrt nf now
regards
Good Morning sir and other blogmates
-arpit
GM Ilango sir, i booked my shorts @ 5245 NS. Now i sud wait for break of 5230 NS to short again or a bounce of 5th final wave.Right?? Is it possible that 5 waves are already complete??
plz clear..
Thanks
@ Rajagopal,
what is your view for BN now? upside or downside?
-arpit
broker's call - saravana
GM to ALL
@ rajagopal sir..
i wl do it ths weekend..
my d startd wth play school..watches DID reglrly..
she is too small fr classical..
tell ur d she hs gt a new name frm north
dance wale didi..frm my d:)
@saravana
i m nt abl 2 c shrt recovery in it index at all
frm OI data last week..infact overbought type..
sir s back 2 guide more..
@rm
:)
arpitg - VIX trend is -ve. But TA may suggest OB and minor recovery. For banks all eyes on 20.04.10. I am holding my short - but won't cover or initiate fresh short, till Euro opens.
@ san
san means boss in japani.. m i right:)
thnx fr d chart
Dear Blogmates
=====================
Hourly Data at 11 AM
Date High Low Close 5-Ema High Ema Low Ema
16/04/10 10:00 5,274 5,238 5,256 5,285 5,303 5,276
16/04/10 11:00 5,277 5,253 5,259 5,276 5,294 5,268
====================
Thanks & Regards
Sanjay Kr Jaiswal
Dear RajaGopal,
Please add me to ur mail list.
Thanks & Regards
Sanjay Kr Jaiswal
NB: 2nd Message to u
Sanjay Jaiswal
Thanks for the levels.
Sundar
@ sanjay
thnx
cn u put in a table like sir ?
Hi Guys,
Today may be a trend day like yesterday. don't
be trap in higher level in long.Just yestarday swing
low has been broken in nifty at 5290 for the past
two months and volatility also going to rise in one or
two days. Previous swing high is at 5367 is too far
from current level. So allow the market to form
swing high or low and then try to trade accordingly.
@RG
TEST MAIL SENT.CONFIRM RECIEPT.
Immediate observation:
5290-5310 is a sell area. Will update soon.
Good morning Ilango Sir and all blog mates
Dear Manu,
I can only post text msgs. So posting images not possibel.
If you have yahoo ID u can ping me at s_jaiswal@yahoo.com there we can share images
Thanks & Regards
Sanjay Kr Jaiswal
Manu - "Paaji" sounds better than "Sir" (u r o/o ur col days). Only daughter is old - not the father who still walks long distances doing ornithology. San=Sir in Jap Asoo=Yes.
bol to the dear one.
===
aarvee - received and responded. revert at leisure.
===
Sanjay - drop a test mail pls.
rg sir,
watever ur sharing mail me too
Good morning Ilango and other blogmates. Aahh.. Now it is more lively. I also thank other learned blog mates for periodic insights during absence of Ilang.
Manu - for gold these r technical levels + the US has printed more paper
and there is only limited supplyof gold
sriganesh - rupee oversold may have short rally but $ expected to go
up by june or july 90 - thats when mkts wll tank
on mobile so.comments r short ;-)
@ raja gopal sir..
life is better
if u hav a american salary,japnese wife,
english house and indian food..
and it is hell if u hav indian salary(penny),
japnese house(always shaking),
english food(bioled)
and american wife(god knws hw many marriages)
:)
NEW POST DONE with CHARTS.
Manu, Damn good.
goutham bajaj,
Will gold claim down to $1000 in coming months.
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