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...
47 comments:
Ilago sir,
last comment shows that you are bullish for intraday :)
Piyush - MRF was at 7123 when I posted. It is at 7230 now. Hardly 10 mins???
rg sir,
r u long mrf
Piyush - It is a swinger intra. In a I expect 1000 varation upside.
I am accumulating.
"In a week I expect"
DEAR ILLANGO SIR,RAJAGOPAL SIR&EVERYBODY,
whenever maruti posted higher returns the
stock fallen more and also ur views
Sir, any comment on Jindal Steel and power, It's up today and has been in a range for quite a time
Hai ilango sir and others
Reliance is forming a possible triangle in the hourly
chart. I am posting the chart here.
http://niftychartsandpatterns.blogspot.com/2010/04/reliance-triangle-in-hourly-chart.html
thank you
@ wealth creator,
Jindal Steel & Power has been consolidating in "600 to 750" after a steep climb.Only decisive move past 750 can be bullish.
Smarty - MUL is stuck in a range ? Someone hammering it at 1360-80 levels. May eventually break out to 1600 levels soon if it crosses 1450.
Just my understanding. You are better equipped.
euro has just collapsed against dollar in last 10 min....be cautious !!!!!!!!!
c.m
$ index is rebounding from supports...in the short term.(Bearish in the short term for equities).
Good input c.m
Hon'ble C M Sir,
Thank you very much for the input. Can see some learned ones initiating Shorts based on your cue.
Good Afternoon Everybody
@ raja ji..
$ index consists of amrcn $, Euro and japani yen..
% i wl chck and tell u..
$ index must be watched positionally
sir,
i have a special liking for saying that charts tell everything
in 5 min nifty also gave -ve diver with ema moving below macd
i odserved that first before euro post
no sign of any weakness in our market.
US mkt will be very stubborn in Mondays. Just check and see. It has gone up atleast 8/10 times recentlty
Sir
Cabn i consider a close above 390 for hcl as a confitrmed break out? Can i buy based on this breakout. brokrages are predicting 440-450 target price
2.00 pm close values pls..
@ assortz,
Updated.
@ KGovind,
Hcl looks like a break out candidate. One can buy with a SL 365.
Sir,
The volume for hcl for the last 3 days + today is very high compared to average. Now price has to confirm breakout. But stock is up 15% in just 4 days. That is why I am asking sir.
Common sense is telling me do not buy now. But the little technical i know is telling me this will be a good move after breakout.
PS. last msg had many spelling errors, because i typed with left hand as I was eating with my right. Sorry for inconcvenience.
Sir
Bank Nifty seems to be sustaining @9850 well. Can we go long for 50 points?
Regards
If NF shall break 5317 then it shall test 5305.whether it shall sustain there?We shall watch.
shorted NF @5325... SL 5346
dont go short mkt may turn up from 5309 & 5295 levels...
@ Rajagopal,
When I saw in the morning at 10.00AM, most of the 11 stocks that I chose from your file have touched the "Projected High", I felt that they have nowhere else but "down" to go.
Thank you.
Sir
Thank you for the msg. SL 365 is looking risky for 1300 shares in futures. So I am going to buy a small qty eod if it closes above 391+ and will add more later only on dips.
Dear Ilango,
This gullible student does not even understand the consequence.
I feel honoured that you were conviced to have a look at the file, leave along selecting the scripts.
Thank you. It is just the work of a "child" - pure,un-corrupt and un-biased. Spade is a Spade - no hesitation in declaring "I don't know".
leave along - leave alone
@ raja sir
cn u update bajaj hind too in ur file
rg sir,
ur learning curve of ta has been exceptionally fast
u r very intelligent and hardworking too..
Manu done.
If others can alse give their favourite counters we can make a separate file "Blogger's Choice". Working on the software to include and taking the past data takes some effort. It will be a pleasure to do the same for a set of counters.
Kithna Himmath is bachae ko:
For BTST-STBT
UP
Scrip Name HIGH LOW
AXISBANK 1302.68 1259.92
BHEL 2543.14 2477.26
GUJAMBUJA 123.46 120.14
HCLTECH 397.35 378.65
HDFC 2881.56 2789.44
HDFCBANK 2011.62 1965.38
HINDALCO 187.53 180.27
HLL 245.30 237.50
M&M 538.56 519.44
SAIL 233.80 223.90
STERLITE 849.67 824.73
TATAMOTORS 871.90 832.10
Down
Scrip Name HIGH LOW Care
ABB 824.79 801.11 Care-Trend Can Reverse
BHARTI 302.80 292.50 Care-Trend Can Reverse
CAIRN 306.04 296.46
CIPLA 334.17 324.73 Care-Trend Can Reverse
DLF 328.51 315.39
HEROHO 1903.00 1836.60 Care-Trend Can Reverse
IDEA 66.38 63.92
MARUTIU 1357.15 1320.45 Care-Trend Can Reverse
NTPC 206.93 203.17 Care-Trend Can Reverse
RANBAXY 448.57 436.93 Care-Trend Can Reverse
REL 1130.82 1094.28
RELCAP 746.03 723.57 Care-Trend Can Reverse
RELICOM 171.42 166.58 Care-Trend Can Reverse
RIL 1090.32 1057.68 Care-Trend Can Reverse
SIEMENS 726.19 703.01 Care-Trend Can Reverse
SUNPHAR 1624.16 1567.84 Care-Trend Can Reverse
SUZENER 72.18 69.72 Care-Trend Can Reverse
TCSCONS 795.01 773.59 Care-Trend Can Reverse
TISCO 668.26 643.74
WIPRO 707.61 688.39 Care-Trend Can Reverse
Ilango Sir,
Can I hold my short in NF initiated at 5300 for tomorrow?
Thank you
anybody noticed Adani ,creeping up quitely.
Adani call circulating with TGT of 586
we may close above 5 day high ema again.
hello ilango sir
and
good afternoon every body
sir shorts c/f or close
Ilango congrants for being such a great help and uniting talents in this forum. Learned & learning a lot. All the best.
Sir - HCL tech close to 20D High could be a "Break Out" candidate. Volume is he worry - 51% of 5D avg. 71% of 14D and 116% of 30D.
I am in Long.
Sethu
Can you pls send me an invite to your blog?
Thanks
hi manu
can u tell me from where i can get study material for beta pair trading .
thanx
@rg
very nice xl sheet
its amazing
really enjoy trading with it.
thanx for sharing
In myfno
For 23 april
Iv 16.55
Hv 14.85
I think we shud take iv for calculation
In nse site sundar sir’s link vix close 20.21
The link provided by rg sir,rv, shine
Daily volatility 0.77765
Annual volatility 14.85
These values are for 23 april.
Sundar sir I have used IV for nifty range frm myfno
Pls clear the confusion
Rg sir uses daily volatility I guess
Rg sir, rv,shine pls help
Sir ur the last resort . what to do??
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