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...
43 comments:
Reposting:
Dear Ilango,
God Bless Him and Mother.
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Taught one of my sys-engineer to use the software. Now he is asking what is the red and greet denote ? Hope I don't create a Frankenstein Monster.
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ROLTA is persued by FIIs since morning. Twice moved up and down. Please check.
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Kindly indicate on RIL and ABAN - Advisable Exits - holding from 987 and 1012 levels respectively.
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Hello to Manu(Sorry also),Piyush,RV9,Mok,Mynac,Viren,Satheesh,Babu,Arun and all friends. Miss you all.
Must catch the Bus now.
@golfdude,
simple macd crossover with after peak trough divergence/slant divergence can net u 1000 points a year after all whipsaws. these simple techniques work well.
u can get 2000% annual return in markets on ur trading capital. u also need to face huge drawdowns and sit patiently with it.( dont have such system but have read convincing articles about it)
@sir
that ws encouraging..
@rajaG
no nxt time(left as u wr travling)..
i wl send u a zip file:
tofha kabul karo jahapnaha:)
@RG,
Take care and have a safe journey.
RajaGopal,
I am now very serious about my earlier comnment to you about an excel file detailing punter/ fii activity :)
You know it all..
Safe trip.
hi..Rajagopal,
Some stocks such as RIL, Banking stocks & many midcaps have done a 6 to 8 months consolidation & moving up. Some profit booking might happen along the way but their trend is firmly up as of now.
Nifty too looks like going upto 5415+..
rg sir,
we miss u too. hope u r having a nice time.
Bajaj Hindustan is breaking past the earlier 140 now with good volumes.. Buy on intra dips..
what's the short term target for SBI? any suggestion?
hi
sir
plz give the velue oh nifty and bank nifty at 10.00 clock
regards,
alpesh
Ilango sir,
As manu said, encouraging words from you..yes, only the QTY differs b/w us and RJ..trade is same..
@RG, welcome..can see smiling faces here once you said hi!!
@Ilango sir,
Interesting option activity in last two days is
1.increase in open interest in 5400 puts.(apprx.10 lac),looks like someone is betting heavy at downside cap of 5300 in short term.
2.5400 calls keeps on adding o.i. daily ,upward cap at 5450
looks like a range bound market between 5325-5450 for few days to come.
@ aarvee9,
Thank you for that OI input. It coincides with our view of a "4th wave down".
Hi aarvee9,
where to get open interest analysis (expect in nseindia.com)?
thanks in advance
hi
@ saravanan
this is the link for oi :
http://www.nseindia.com/marketinfo/sym_map/symbolMapping.jsp?symbol=nifty&instrument=-&date=-&segmentLink=5&symbolCount=2
regards,
alpesh
viren,
Can you give the values of tatasteel, suzlon and reliance?
@saravanan,
Data from nse,stockfortune,moneycontrol,ventura.
Analysis-self
sir
on stock wealth blog..
unitc lvls wr spot or fut..
@viren.. hi..
cn u gv m unitc values
hi sir
plz give the velue of nifty and bank nifty 10.00 clock open, high, low , close
regards,
alpesh
@mok
are u there?
we too miss u rajagopal sir!!
hi
any one give the value of nifty and bank nifty 10.00 clock open, high, low, close
thx
Satheesh & Manu
tata steel : 694-693-685
Reliance :1127-1124-1123 (fut)
Unitec :76.8-76.55-76.45
@ Manu,
All the values are of Spot only.
@ alpesh,
10:00 5,382.90 5,385.20 5,367.95 5,376.65
11:00 5,376.65 5,382.80 5,376.45 5,379.25
10:00 9,780.05 9,788.20 9,774.80 9,782.80
11:00 9,783.65 9,793.20 9,757.90 9,766.25
@piyush,
drawdown ? Please explain.
gd
Thanks viren
@viren @ilango sir,
Is tata steel recommended as a buy in stock wealth ? I am a newbie, maybe reading charts wrongly - but in 30min chart, seeing -ve div in macd/cci. Any suggestions ?
gd
My Pleasure, Satheesh.
@ Illango,
I sent you a mail. Pls check.
golfdude, system can give 8-9 losers consecutivley and as trading capital increases ur position size increases. like wen u trade 100 nifty u need 50000, as u genearate money position size increases and gain and loss increases, after few months u might be trading huge volumes if ur system is profitable. which becomes difficult to handle with discipline. the system which turned 10000 to 60 crore was mentioned in i charts blog assumed reinvestment of profits .
well these r my thoughts and readings
thx a lot ilango sir
Viren,
Nf is holding above VAH but with very little range. Is it convincingly holding up? will it be viable to go long for intraday with SL below VAH - 5370?
thnx viren..
thankooo sir..(seeing bank nifty on the same chart, i got confused..as always)
@ golfdude,
From yeterday's "UP", it was changed to "UP/ OB" for Tata steel suggesting "Overbought nature" of the stock.Accordingly, it has corrected from the resistance levels.
@ Viren,
Thanks for that chart. If it has to form a short term base, it is here and now..
Satheesh,
Market participants are in 'neutral' mode watching each other.
The move should come in the afternoon.
Your SL is good.
5361-5397 should be the range for the day, break of which should give you 5325 or 5439
This is how Ayesha got married to Shoaib on phone."Hello Shoaib Afghanistan ka capital kya hai "Kabul" sunai nahi de raha hai! "Kabul" arre baba phir se bolo "Kabul".This is how they got married.
TATASTEEL LOOKING GOOD..689...FOR..695..700
Ilango sir,
Please evaluvate the wave count chart which I had mailed you. It would help my learning process and also i would know if i am on the right track. Sorry for pestering you!
hi..Satheesh,
You have labelled the "iii" rd wave with "abc" sub waves which is not correct.
Tata steel sub waves are a bit challenging right now with waves sub dividing. The last rise is quite steep suggesting a possible 5th. We may need to work backwards once it is resolved in a day or two.
No -ve divergence in the hourly chart..
@ satheesh
mail me too manunidhi21@gmail.com
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NEW POST DONE
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satheesh,
mail me the same to saravanan2665@gmail.com
Thanks a lot ilango sir.
okay sir. The "iii" rd wave being a motive wave should be marked as 5 waves only. Only the corrective waves are to be marked as 3 waves a,b,c. am I right sir?
Please post the chart with wavecounts at your leisure sir. I shall wait
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