Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
-
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...
48 comments:
Can sm1 guide me for my DLF @340 and IDEA @65 calls? Both approaching zero, should i wait more?
By the way i expect a close at 5225 +/- 10 today.
good morning all..
Good Morning ilango sir and other blogmates
-arpit
Hai everyone.
Infosys weekly chart MACD shows negative divergence. But
the price continued to rise. Now it has formed two
patterns at the top of the trend. I have updated the chart
http://www.niftychartsandpatterns.blogspot.com/
thank you
Based on FII data, it appears like a +ve day.
gd
Good morning Ilango Sir and all blog mates.
======
Sir,
I have short in NF at 5150. Pl. give me advice.
Thank you
=======
Good Morning all.
hi everyone.
@san
thanks for the infosys chart.kindly can update the chart for any changes.thanks
Ilango Sir,
I have short in NF at 5150 (only short .No long). Pl. advice me to exit.
Thank you
yesterday,
5000 put added 17.48 OI
5100 put added 7.55 lacs OI
max pain 5200
highest OI
5000 put - 87.86 lacs
5300 call - 79.3 lacs
watch closely at 5100 put/call and 5200 put/call, for first 15 minutes, vl decide the trend from hereon.
tomorrow monthly inflation figures vl be out!
Hello,
Good Morning everyone...
crucial levels for the day-
5165
5180
5192
5209
5236
thanks anil for the lvls
Good Morning to ALL
what will be tht sl for aggressive short taken yestday on the break of 5146 NF.
@anil sir,
what r ur levels and how to trade them
@anil
Also 5100 Ce has lots of writing at 142 previosuly. It will fly if it gets past this level. So, 5250 is easily possible.
I think yesterday itself Sir closed his short at yesterdays VAL
Sir
ORB - sell?
GM all!
@ Anil, both calls are unwinding and both puts are at high o/i. Does this suggest good to bulls for the day!
--------------------------------------------------
13th May MP values(Nifty future price)
VAH- 5165
POC- 5135
VAL- 5105
--------------------------------------------------
5000/5100/5200 started to build up,
5200/5300 call unwinding,
by looking at these, it seems 5200 is really a inflection point,
as sir already said.
a move past 5209 will gain to strength, and then watch put side(5100), whats going on, it vl tellwaht is coming ahead.
@PS
These levels are you can say similar to mkt profile levels, the difference is i concentrate on index stocks also (which constitutes 50%) so that i had trend in mind, prior to taking in nifty positions. so these levels are support/resistance levels and vl see mkt reacting to these levels.
just my way of analysis, may be i am wrong.
friends vl join in second half, some outside work due today.
@ mynac
if possible give your analysis,
GM Sir and Friends.
rm Sir.
==
Sir - Sivaji would have distracted you from the attachment in yesterday's mail.
Kindly do the needful.
Good Day All.
Hi Rajagopal Sir. :)
currently ril is not accompanying the nifty bulls. Yetserday it rose with thunder
@u.k.Raj
Nifty spot opened at around 5185 levels and has not breached that on downside so far.
Regards.
@ RG,
Yes..I am distracted.. Will do now.
****************
A small selling here with a SL @ 5205.
@rm
Thank you sir
@pisreport
yes if its gaining momentum then its the early indication, but u need to compare it with pricing/IV's and volume also,
@wealthcreator
yesterday if u observe 5100 call OI was less but volume is good, yesterday only 5100 call writers entered at higher levels cleared their positions, since they anticipated a gap up today, thats why i y'day told the same, call writers(difficult to manage or rollover as comapred to put writers), so they tend to flush it out, a lot of action take place around 2.30 i observe, which coincides with rajagopal's 2.40 factor also.
@rm
i my terminal i am getting nifty open as 5157
how did u get 5185??
If 5183NF is not broken in the next 5 to 10 minutes, exit shorts. Bring down the S&R to 5198.
Gm Illango sir,
Yt should be the Target for this trade?
@piyush_sharda
All charting software get erroneous data from NSE hence for opening and first candle it is better to look at and decide the opening tick yourself by looking at the time stamp and ignoring the first few ticks till futures starts trading. I hope I am right. :)
http://www.nse-india.com/marketinfo/charting/OnlineContractChart.jsp?instrument=FUTIDX&symbol=NIFTY&expirydate=27MAY2010&optiontype=-&strikeprice=-
@anil
since 5100 ce trades above 143-144 for next 15 min, nifty can move higher level, till 5200 CE is not above 91-93 levels. Because if you see in past, 5200 CE has been written at that level. and call writers will make every effort to stop nifty there.
dear rg sir /other mates,
whwt is ur view on tml please guide
@ musti,
Nifty is @ the top end of the trading range that have been discussed often - 5100 to 5200. If it is not able to break past this convincingly, it may go towards 5160, 5135 and 5100 again.
But Hour oscillators are looking up for higher levels..
That is why the 5 minute deadline -small Shorts exited & reversed.
Good Morning Everybody.
Dear Anil,I genuinely feel that I am definitely not the Analyst.These are my just personal thoughts.
You have used"Analysis"word for me sounds me great,and thanks.
If NF and NS shall start to trade above 5195 considering the current opening range,then 5210+ targets are achievable.There is no evidence of selling in NS so it might be possible for Bulls.
Sir 5198,
Shorts exited & reversed.
Means u reverse ur position?
hi mynac
Hi Dear wormwood34.
NEW POST DONE
Ilango sir, 5175 sud be taken as s&R as of now asking as
5205 is not breached yet??plz suggest?
Hi Mr. Illango,
TATAMOTORS almost touched 830, now what next???
plez let me know your comments on it...
Sirisha
HYD
Manu - Address your Gold Short - Gold has registered an all time high of $1245.40 in COMEX and Silver has conquered all time high of Rs. 30000/kg in MCX.
==circulated msg.
Ilango sir
You r my Ideal ,Apka har shabd SIR AKHO PAR .
Post a Comment