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...
52 comments:
Dear Ilango,
I do not have any positions, as of now. Do I initiate a intraday Long near 5000-5010 or wait for 5070-80 to create conservative shorts. Pls advise, as "Well begun is half done!"
@ Jayesh Bhope,
Start selling in parts from 5065-5075 and if it moves higher upto 5090 to 5110.
Break of the low (5024 or 5018NF) would confirm. Better confirmation would be a fall below 4990.
Thanks a lot.. Ilango Sir.
gm ilango sir
nf open high is same 5055.55
so can i shot with sl
Thanks Ilango sir for the stock charts update.
Though in reliance chart the day macd seems to be down the
hour macd and hour 5D values are tempting to go for a long intraday
Can an intraday long be tried? Your views or your critics
views expected!
The following are NF open, High, Low so far.
5041.00 5044.50 5029.50.
It has just moved past the high.
GM Ilango sir, conservative SL is still 5185?? Today not able to
trade my conservativ shorts.
Thanks
@ bizagra,
By tomorrow "5135" would become a SL for the shorts.
Sir & Family..
Gm..
Missed action frm last % days..
missed u all..
Thnx 2 Hari fr postng Fii /Dii prov. Data
whn i ws missing..
sir u hav a diligent team..
I am manoj from kottayam kerala. bought bnk nifty at9470
hold or exit?
I am holding 5000 puts from last few days averaged at 60.00. Anybody else here ? I am expecting to fetch 100 Rupee mark on these... comments needed from all of you. Thanks in advance.
Yes.. Manu,
Everyone contributes.
Only input missing is MP values(VAH, POC & VAL).
It goes to confirm our views.
llango sir and all blog friends.. Good Moring to all ..
world mkt update: Dow future down -25... Ftse up 12..Germany up 34 points thanxs Regards
Dear Ilango Sir,
MP Values Futures: VAH - 5020, POC - 5005, VAL - 4975
Thanks & Regards
Sanjay Kr Jaiswal
Thank You, Sanjay.
sir i shorted nifty @5052 today for intra..... should i exit at daylow ema....or VAH (5020) or here
regards
vikram
Ilango sir, is it a good idea to trade conservative short
at VAH to higher level? or try at VAL?
@ Vikram,
As suggested in the PreMarket view, a sideways move is expected unless 5020( now 5017NF) is decisively broken.
Hold some shorts at higher levels.
Sir,
Shai has given the MP values as 5016-4987-4966 Nifty spot levels
I am confused. Currently NF is trading near/above Pivot, so that tempts me to go intraday long. Also, it has opened above Pivot and most of the time stayed above Pivot... but, it is so near to day low that it go the other way as well.
I do not understand how to approach such situations. Need help.
A great tussle on options side.
5000 put Highest OI as of now.
Interesting thing is chg in OI at 5000 level
5000 put - 6.85 lacs
5000 call - 6.54 lacs
observing 5000 put it seems, put writers r confident as of now to hold 5000 level.
Market is trading so close to 5000 level, and put writers are not unwinding their positions and great battle is going on just see OI for put and call at 5000 level.
5100 call added 6.91 lacs OI today...as of now..
Thank you Anil ....For that broader picture...
@Bhope...It seems to me that Nifty is creating a triangle..You could wait until it breaks the triangle in eaither side...
Thnx Ankur... will ponder...
Hai everyone
Nifty 5 minutes chart shows the index near a trend line.
and resistance line. Breaking any one of them will give
direction for the short term.
http://niftychartsandpatterns.blogspot.com/2010/05/nifty-5-minutes-chart.html
thank you
@ Bhope,
A trader's time frame of trading creates confusion while we exchange notes.
I have suggested to you for "positional Sell" to hold for a few days.
For intraday trading, you need to play it based on the levels established by the markets and shown in the "PreMarket View".
A sideways day would warrant light trading or "No trading" at all.
ilango sir
plz give me nifty intra chat with sma
@ Bhope,
A trader's time frame of trading creates confusion while we exchange notes.
I have suggested to you for "positional Sell" to hold for a few days.
For intraday trading, you need to play it based on the levels established by the markets and shown in the "PreMarket View".
A sideways day would warrant light trading or "No trading" at all.
@ Bhope,
A trader's time frame of trading creates confusion while we exchange notes.
I have suggested to you for "positional Sell" to hold for a few days.
For intraday trading, you need to play it based on the levels established by the markets and shown in the "PreMarket View".
A sideways day would warrant light trading or "No trading" at all.
Got it Sir... Thnx for that mental cleaning!
@ Bhope,
A trader's time frame of trading creates confusion while we exchange notes.
I have suggested to you for "positional Sell" to hold for a few days.
For intraday trading, you need to play it based on the levels established by the markets and shown in the "PreMarket View".
A sideways day would warrant light trading or "No trading" at all.
Ilango Sir,
You posted 2(two) (same)Posts to @Bhope at 11:38 AM. & 11:40 AM
Ilango " neenga Oru thadavai Sonna, nooru thadavai sonna madiri"
(only 3 times repeated - you must be falling in love with (B)hope?
====
Looks like the day when Beleiver's(TA) are tested? Other than a handful that reached targets all others are within the range, not touching or breaching. Let us see what action is in store.
i lango sir
why this partiality
bhope ko 3 3 baar jawab
humko ek baar hi
regards
@ Bhope,
A trader's time frame of trading creates confusion while we exchange notes.
I have suggested to you for "positional Sell" to hold for a few days.
For intraday trading, you need to play it based on the levels established by the markets and shown in the "PreMarket View".
A sideways day would warrant light trading or "No trading" at all.
Haan ...Muzebhi kabhi jawaab nahi diya !! Very partial...:))
Lo ek baar aur likh diya !! :))
Must call the Tantric. Our House is haunted. The oracle's calls are echoed.
sir ji, ek aur baar jawab bhope ko, kya baat hai aaj to bahut pyar umad raha hai
Bank Nifty is pulling the market upwards. What is the level to take a short or has the direction reversed?
Is this a genuine break out on the upside or a trap?
Sir
..if prblm persist..u cn comment on stock welth..
Ilango Sir,
Resold NF at 5065.
=======
Again reposted same message to @Bhope 11:54AM. Any thing wrong is going on like Yesterday's network prolem?
=======
IS IT A FALSE BREAKOUT .......can we reshort here sir
regards
vikram
DEAR RAJGOPALJI any stock for stbt
@ Vikram,
Till 5135 is not broken on the upsides, these are "Sell on rises" only.
Ilango's consecutive postings of same message suggests that he may not see the message like yesterday. I request seniors to contact him through alternative channel like ym etc and confirm the same here!
hahaha... Worst Students get the Best attention of the Teacher!! Weakest child gets the Best attention of parents!
Dears Coool...
some 5 lacs OI got covered here on put side..mkt may move down..
NEW POST DONE
JP : Too Early. Has the target been met on y'day's list. Not yet-right? As committed I initiated Longs - BTST, some have matured also. I generate data by 3pm to understand STBT/BTST. Will post it.
===
Sugar Daddy - Any new sack? Balrampur and your old friend Bajhi may move (I am Long). News and Tech (OS) based.
Hangsung thumbing recovery +150
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