Of the 11 scrips that I chose for stockwealth, 9 scrips have touched or crossed the projected highs, RIL being news driven excempted. Few have sharply come off their highs... the "OB" banking stocks.
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...
46 comments:
Sir & Family
GM
@ rajagopal sir..
chaa gayee paji..both U & chennai super kings..
singh is king:)
Reposting:
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Ilango Sir,
I have short in NF @ 5300. Can I exit or wait for 5275 - 5285 levels?
Thank you
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hi manu
gm
manu can u tell me something abt beta pair trading strategy
if u can share ur experience with us
@ Prabhakar,
If NF is resisted @ 5340-5346 area, there is a possibility of Nifty coming off its high towards VAH(5304) initially. Further weakness can be only below 5304.
thanks sundar sir,
looked in that only.
wanted to look in nse bcos if i want to cut and paste info
on blog it was not possible with my fno.
Thank you Ilango Sir
with a gap up today, now it has broken out and mainitained
above triangle we talked on friday
Piyush,
In nseindia.com, at the bottom you will find a box titled Quick Links. In that you will find India VIX. You can get VIX details there.
Dear Piyush - Wrote a few lines in "read me" sheet of the file. There is nothing more since we are student's of Ilango's TA philosophy which we must have "mugged up" by now.
The VIX values are available at the Main page of NSE site under "Daily Volataility". Please check. I am elated that the system got a look from you "Vashistar accepting Bramharishi" !!!
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Manu - We are hard core Schnin fans. Felt bad that the master missed quite a few tricks that his student picked up (3 spinners & Pollard not sent up).
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Ilango - Acharya Devo Bhava.
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Hi Anuj - aimed an arrow at me after a long time. Just to make it easy for focused friends to ignore Out of Topic (OoT).
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Sundar - To be honest, I used your file for coding. Ilango gave us the clay, you made the brick and I am building the home for us. With more participation may be we will join hands to make it a palace - it will be one big "joint family".
OFF TOPIC
DEAR frnds
can any one tell me how to reduce the size of a .jpg file, other than croping
thanx
bye for now.
c u after 1400hrs.
Dear All
How is nifty today can nifty reach 5385
@Ilango sir,
Thanks for your continous guidance.
@RG
I am happy for u that the holy grail of day trading has been discovered by a person who is willing to share with all.Your efforts have paid off and now its turn of everybody to use it and get paid off.Keep up buddy. and enlighten us with a short write up about the theory,procedure,execution,and caveats.
@Piyush
The link for VIX value is 'nseinida.com',go to 'f&o' section in tool bar,then 'market today',then 'daily volatility',download file,coloumn 'G' has 'applicable volatility'
RG, pl. confirm the above.
Sir
v r missing one thng in mind tht is liquidity..
plz check the difference btwn the prov. fig of FII
on nSe and actual by SEBi(fr d same day)..
d diff is huge..
nse on 22nd -518cr
sebi actual on 22nd-1754cr
adjusted in BSE or whr?
@Dr, sahaab..
these days off frm beta trading..
d method i used ws hedged beta than spread pair
trading with Stndrd Dvtn as beta..
to put simple..take any trade which is beta1
and hedge with nifty..the beta will move atleast 1 %
more thn nifty unless any news hit it:)
@ piyush
http://www.nseindia.com/content/press/prs_vix.htm
http://www.nseindia.com/content/nsccl/FOVOLT.csv
the first gives Overall VIX
the second gives Individual Scrip & Nifty VIX.
Dear Mr.Rajagopal,
I am one of the silent observer of Acharya Illango's blog. May I request you to share the excel software that you are using to calculate the values for the benfit of the family please.
Regards,
Veer
Dear Ilango and Blog-mates
My take on nifty;
http://2.bp.blogspot.com/_88fjmcdhjs8/S9R6OPPLpEI/AAAAAAAACLU/I0sdqoLp0r4/s1600/Nifty+Daily+25-04-2010.png
================================================
A very interesting site I came across for Scans hope people here would find it useful!
http://www.stocksfortune.com/QTAnalysis
Cheers!!!
Rajagopal
does ur file take the values like Open,High,Low,Close,VIX from Nse site automotically using Macro?
thankx rv and shine,
will try after some time.
rg sir
now i have rv supporting my write up request.
gm all
Veer - It is not xls software, which is available in Sundar's file. Kindly use Sundar's file if you want to incorporate your focus counters.
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L-EW : OHLC is from my trading terminal and VIX from NSE. Macro you will observe is for formating purpose only, does not generate the output.
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AAR VEE: Thank you for the kind words. Have provided the write up in the "summary sheet" - will expand on it. VIX site given by you is correct - hope PS found it.
Rajagopal
thanks.
Macros can be made so that it pulls data EOD from Nse site itself so that it will be commom for all.so that daily downloading of file will not be required.
ppl aware of Macro can do that.i wish i could do that.anyone?
@Tryin2Trade, thanks for the link, really a nice site- will explore later. :)
nifty may find support at 5310 to 5292..any aggressive short should cover their positions there...
testing
outside bar and hidden bullish divergence favor a breakout
than a breakdown
ilango sir can u give some feed back abt abt hdfc in near term
@ Mojib,
I do not follow HDFC. Looking at the "Bar chart", the near term range is 2655-2665 to 2825 to 2840.
Ilango sir, you gave closing below 5 day ema will be bearish, sud
we consider yesterdays 5 day ema(5272 or todays(5290 till now)?
thanks
Ilango sir,
I understand that as of the range is 5300-5340..once the break-out done, we can go for trade..correct?
Sir,
can you tell anything about the short term prospect of Mcdowell?
Thanks,
@ bizagra,
It can be only "Yesterday's ema". If Nifty closes even 1 point above yesterday's ema, it turns up and that is how dynamic is "ema average" compared to "sma".
We can never know what is the ema for the day as it depends solely on the closing price...that too the averaged one.
i ve got 5300 put and 5400 call, will anyone at least return me my investment??
@ Paresh, Only market can, catch the trend.You will get hint of the trend from the discussions in this site and act accordingly..
correction: i meant any one from PUT or CALL trade return me my investment lol
@bimon,
McDowell: Seem to be consolidating in a range of "1200 to 1400" with short term pivot @ 1250.
@ assortz,
ORB was 5331 to 5347 and NF broke the low but found support @ "Day High ema".
"5319NF" has been tested twice & holding. Range just expanded to 5319 to 5347.(28 points).
Will RIL recover this level today
Ilango Sir, i am long in sail and tisco ur view in these sir. Thanks.
Anyone interested in MRF ? The Blip may go another 1000 feet high in few days.
RIL has held the recent lows inspite of "disappointing results".
Metal stocks are "Oversold" and attempting to rebound.Tisco trading whole day above 651.4(Pivot) & trading above its 5-ema @ 662.
Today's close above 662 will give it short term strength.
Hello Ilango Sir,I am holding short since mornig alongwith tatamotrs..your views pls..!
Hi Mr. Illango,
Any idea 'bout "IDEA"
Best Regards,
Sirisha,
Hyd.
rg sir,
mrf not in ur report,call some reliable source??
NEW POST DONE
Piyush - mine is only N-50. Yes.
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