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...
92 comments:
IIP data to show only 7-10% growth. I would be very
surprised if it shows anywhere near 15%.
Ilango Sir,
===========
5105/5115 is Buying range as per your premarket table. your posting to bizagra is "5130 t0 5170". Can I re enter in Long in NF 5130? or wait for 5105/5115?
What is happening ? Has God announced Armagadon? Every one throwing up confessions. Come on friends. My ignorance and your intelligence gets exposed only when we talk. Even a,b,c are stolen alphas only. We didn't create it. It was Manu's Goras. You need not say "courtesy Gora" below every word u write.
Relax and Enjoy - since I am off for sometime.
if 5128 breached what could be the possible target ?
5050?
@ Prabhakar, hourly low ema is 5133 and hence perhaps the buy point is suggested as 5130 with Sl being breaking of 5115. Mr illango may update if I interpreted wrongly.
@ Rajagopal,
You must watch "Flash of genius" - a very moving story... very relevant to what you just mentioned.
Now I wonder how any one will relax in your absence..
Good Morning Ilango sir and all.
Ilango sir, need your guidance to start after a long break.
@ Prabhakar,
Nifty unable to breach (VAL) 5168 has fallen below (POC) 5146 and closer to VAL @ 5128.
One round of booking may be O.K. When ever it breaks 5128, more weakness..to day Low ema (Last support)
GOOD MORNING ILANGO SIR,
& ALL BLOG MATES.
Thank you Ilango Sir and Mr.Pisreport
Illango Ji
Any list of english movies /reading materials. Is the flim is available in any download link
Thanks
Bala
@market follower
i guess u shud write abt the system on the blog as lost of people
(including myself ) wud be interested in knowing more abt it
Sir
Shall I short bank nifty now @ 9635
llango sir and all dear blog friends ..... Do
w future down -90.... thanxs Regards
@ Bala,
we watched it in "Star Movies"..I will let you know if its available on the net. OR will let you know the next screening.
@ sryasdmurali,
Always sell near the resistances. Selling midway till a "Daily sell" not done is risky.
R1 was closer to 9700, Pivot was 9651...those are selling points.
A close below 9585 will generate a daily sell and a fall below 9550 will be "Channel break" sell.
Doller index again going up ,it is 85.
GM ilango sir and All,
@Yoda,
as of yesterday levels, ichimoku kumo cloud breakout attempt is seen in sensex...
@market follower,
Put your system on this blog or mention where we have to put our query for it..I think every one eager to know about it.
-arpit
@market follower
Put your system here on this blog or mention where shall we put our query for it. I think every one is eager to know about it.
-arpit
Ilango sir,
As per your pre market view it is given bought at 5135.
So shall I buy now or just wait and watch? please guide
you can use utorrent to download the movie. Checked that torrent of the movie mentioned by iLango sir is available at 'thepiratebay.org'.
@ satheesh, that is a position as on date for conservative trades ( i.e. with a longer time frame in mind).
hi blogmates,
any one posting charts of Tata motors ??
@market follower
i would like to know more about your non - mechanical system
Dear Ilango,Blogmates,
Just got the opportunity in between.
The downward movement was expected but the timing is inappropriate. at 10.30? above 5140 will it be again up? up to today's top? Let us watch.
@ Satheesh,
Though it says bought @ 5135, it was originally bought on 10.05.10 @ 5175 and traded on 11.05.10 to average down to 5135. And today, it was traded down from 5165...5135.
The broader range is 5100 to 5200 and within that minor variations are seen.
If it holds 5090-5100, it may attempt 5200+..
DEAR ALL,
ANUONE IS TRACKING PUNJLLOYD LTD PLEAS
lol, it touched 5128 for a sec and shot off.
ok sir, Thank you. I shall take into account the appropriate levels
Dear Ilango sir
One more observation : writing of 5100 CE and 5200Ce. Do you see anything in that? As sometimes, options suggest weekly trends .
How can we see this sudden flicker as Yoda pointed out at announcement if IIP data which is 10.4% vs 2.8% YOY
ANY UPDATE ON IIP NUMBERS
IIP number for March
13.5 Vs 15.1
IIP number for March
13.5 Vs 15.1 (MoM)
Sir
Good morning to you and everybody else.
I am seeing this nifty future. it has traded at 5136-37 for so long both yest and today. now what is the attraction for nifty future with this 5136-37?
sir
i read about outside bar formed after the trend cud signal a change,
especially with high volumes.11.05 bar meets all
it may be possible that we may move up now
Hello Friends,
this is Amit of tradingontechnicals.blogspot.com... I have changed my profile name from 'Amit' to current one as earlier was quite a common name.
will contribute as time permits
Thanks
Dear Anil,
Read your 10.0 AM comment.Now I will watch today's remaining session in that angle.Nice observation.Thanks a lot
Oh.. OoT now got a younger brother TOT !!!
5100 ce should trade above 132-134 for atleast one hour and 5200 ce above 73
@ all
infact if wants to go long for intrdday its good at these levels, @ 5135 SL 5122
todays low is 5124 NF
VAL - 5128 protected, POC - 5146 being captured...or the struggle here continues..Trading above 5146NF, may attempt to go past VAH-5168.
Failure to stay above 5146NF would be a sign of weakness to continue.
nice bounce in the morning and back to favorite level of 5135 :)
@rg sir,
that(brother) was good
March IIP at 13.5% growth. I am surprised.
nf at 5131
i am short @5148 nifty stoploss 5100 ce @134 and 5200CE @73+ , and should trade constantly for 45 minutes atleast
Market looks like it's wiping out all the stops. This kind of whiplash is what makes SAR so hard to use intraday.:/
All attempts at 5146NF have failed..New lows expected - 5110 and may be 5090.
what is going on in seconds is puzzling me, why this volatility now?
@pisreport
There must be an accumulation of buy orders and SLs that got triggered. Lets see, maybe new lows.
dear pisreport "buttercut"
@RG,
yes anna.. (I hope 'anna' is elder brother)
The whipsaw area is 5128 to 5150NF. Wait for break of this zone..
OR if you have a bullish view - Buy near 5130, your S&R is quite close and
If you are bearish, sell near POC(5146).
sir can i make long at 5110
also oil at below 75.50. Euro weakened today. doesn't look that bright
pisreport,
1st volatily = iip data
2nd volatily = news that murugan stanely is investigated for derivative.
dear market follower,
where are you, please give detail of your system. everyone eager to know about it
somebody putting 0 as sell price and selling a large chunk
what else cut explain such movements . people with good screen experience
can calrify
Sir and family..
Gm..
@RG
Manu's "goras" .u cn post the story and
the nursery rhym too after editing :)
@sri/mok..
Remember dead cat bounce..
@ Rahul,
1. Sell @ 5140NF with 5149SL for lower targets
Ilango sir, any change in S&R area?? 5075 is given in
premarket view??
Thanks
When I was working in the Gulf for a big company, the accounts staff kept asking the MD for computerising the whole section and his reply was if you can do this manual work properly, I would give you computers.
There are 100's of trading systems out there..
Stop searching for one but start sharpening your skills to use whatever system you know already.
Most of the systems work...work hard at following them to perfection.
And share that experience...how you followed it.
Today SAR, ORB would have worked in combination with levels.
THANKS SIR for your valuable advice pls also give where to book it
Dear Ilango,
Again hats off.
@ all
was expecting something around 12 p.m. and another at near to 3 .p.m.
I booked loss in in NF.
5100 ce from 130 to 99
ilango sir very very thank full to you for givig me timly advice
@sir,
I used to tell my friends..even you can watch daily magazines or even regional channels who offer trade calls in your early stage..but you have to stick to one source and execute them consistently without shifting focus into several sources…this way we can increase success %...
i guess, operators knew the trend, and i am seeing 5100 ce shorting @131 from last 2 days
Bravo..what a call that was to Rahul… I squared all my longs and initiated shorts at double the qty @ 5135 for shorts…thank you sir :)
Ilango Sir,
Shorted NF at 5125 .Where can I book profit?
Ilango,(Hi)Mynac,Friends,
I married the first girl I met (and she ensured that I don't look at others).
I adopted the first and only (your) TA - modifying to meet my requirement and it is ensuring that I don't search anything,anywhere else. I will stick by it. It is making money for me. And more importantly it is teaching me every day.
I will always remember my Dad's favourite phrase "Rolling stones gather no Mass". Stick to the selected tool, sharpen it and aim at your target.
my intutuion we will see 5080 or near as low for today
“I married the first girl I met “ – how many of us falling into this unfortunate category…I feel happy to have a company here…:)
sir i had cover my nifty short at 5093 now fut is trading at 5110 can i short again
shall I short bank nifty now
dow future down -37 point previous was - 90 down .... thanxs
past three bars on 5 min charts, with volume of above 10 lacs each..
was it a good support laid by bulls, ??
I wish to convert 5140 shorts into conservative shorts ..let us wait and see how the hourly closing is done in coming hours
Ilango Sir,
Booked profit in NF short at 5105. Thank you for your Analysis.
Ilango sir
Always you are gr8.......Sticking to your rules.... hats off to you always sir.......
-Hari
@sri..
u c uptrend or downtrend post markets ..
SORRY....
NEW POST DONE.(Some minutes ago)
can we initiate longs in the range of 5080-90 range, I LANGO SIR
someone saving 17000
BREAKING NEWS
BHARTI AIRTEL murdered
TRAI held responsible for that
( reliable sources )
Ilango sir, sud we book these shorts or keep till EOD
for review??
Sir, as 5090 has sustained, can i buy NF now?
Dear Rajagopal,
Excellent.It was RG SPECIAL.
Thanks.
Bye Everyone shall try to join in the latter half.
Damn Bharti Airtel for ruining my prediction. lol;)
dow in a plus +3 point and ftse +15
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