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...
58 comments:
Hello friends
good morning to all
some scrips suggested to keep an eye on, namely Aban, Grasim, Patni, Bel, IGL. please visit my blog for details.
stock2gains.blogspot.com
thanks
regards
@ rochak,
You are doing a good job.
Once a week, take a review to reinforce your works.
@ ALL
Taking buy call @DLEMA SL for Light bounce
pls coorect me if i am wrong
Hai everyone
Nifty hour chart with possible support at 5075-5080.
http://niftychartsandpatterns.blogspot.com/2010/06/nifty-hour-chart-with-support-line.html
Thank you
Good morning ilango sir and all,
Sir, Nifty is trading at premium of 6 points, but Tatasteel is trading at 6 points discount!!!! any significance? please clarify
@ KKay,
It is the first time since the "4967" low that Nifty is testing the day low ema. You have a low risk long entry there.
@ Satheesh,
Tisco has Rs.8.00 Dividend and it goes Ex-Dividend on 12th July with Book closure from 14th to 20th july.
This could be a reason.
Thanks sir
@ Rajagopal,
No mails..??
I lango sir
Thanks for ur encouragement. That s a wonderful feeling somebody is there to back u up.
The suggestion given by u is humbly taken, to work on it.
thanks
regards
@ sir
I have just tested my study from your blog
with mininifty lot
Thanks for the reply
KK
Somebody please suggest me how to go through all the comments posted by an individual on this blog in last 10 days, is it possible.
thanks
regards
OT...
must read...they are hoping india/china to start consuming....haha...nice try....
http://www.economist.com/node/16426084?story_id=16426084
-- gd
Dear ILango sir!
Once i was very upset 10-15 yrs back due to some foolish comments by someboday. My father guided me & asked one thing that "When u go through a street & dog barks there, do u reply them". I could not reply him & followed his this guidance whole life. Street dogs have natural tendecy to bark, here MCD members (Sincere Blog followers) are competent enough to handle this kind of things so don't worry & leave it upon us. I m sorry for using my inappropriate words but actually my dad used the same so without help of those words,it was impossible to express my experience.
Rgrds
KUMAR
ilango, pls guide me how i go through ur table. with sup and resi?
@ ravi,
You use the Tech. table as a guidance only.
With short term in oversold, as a day trader you may go long here like "KKay" did (and my critic too) and look for a target of 5305(Yesterday's close ema) and 5320+ (Day high ema).
Go through the articles in "Technical Analysis" under "Always start trading with these" at the side of this blog.
@ Kumar,
I accept all your comments in totality. My father too used such languages to convey a message and we never felt offended as we only hear the "messages' and not the words.
good morning sir and friends
Sir,
I have a basic question regarding Technical Vs Fundamental. I was amazed seeing the results since following this blog, but still basic doubts not cleared
My first question is, There are N number of big traders ( FII’s, DII’s ..etc). We never know when other will sell/buy, when he will satisfy with profit or lose. How this numbers are working?. Is this coz all are following some sort of mathematical calculation like 200DMA, …etc?
sir,
fast fall MA set up opportunity in 5 min alongwith a -ve div developing ?
plz clarify.
regards
Hello friends
Watch out OFSS and MRPL.
MRPL seems like warming up for positional upmove.
keep an eye , current volumes 2 lacs ( nse ). if 12 am volumes > 5 lacs, indication of the same. since, HH/HL formation is in our favour, sl being 69.50 if taking an intraday position
OFSS- volumes 11000,watch out for a total nse volume over 30000 before 12 am, favours a case of intraday burst. HH/HL suggesting a burst >2245.
thanks
regards
P.S.-how to go through the comments posted by an individual on this blog in last 10 days.
thanks ilango... thanks a lot .
RG sir,
Any details about the suzlon rights issue?
Hai Everyone
Reliance daily chart analysis.
http://niftychartsandpatterns.blogspot.com/2010/06/reliance-daily-chart-analysis.html
Thank you
Ilango,
I am one of the silent watcher of this blog. I am a learner in stock market.
(A year back we had few conversation regarding market predictions; how to predict?
which approach to follow? etc....with your advice i have proceeded with my own approach, there comes www.gurunifty.blogspot.com)
Now i was quite happy with what i am doing (in NIFTY predictions)
I would like to share my views, hope it helps your blog mates.
Sir
May be my questions looks like after listening RAMAYANA.. if any one asks what is the relation between SITA and RAMA.:) But i have doubt so that i kept infront of you
Good Morning Elango Sir and All friends
Have a nice profitable trading today..
Babu (u mean u have doubt about relation between SITA and RAMA)
===
Primarily YES. All FII/DIIs must be using some methodology. Ofcourse NEWS also is a part(expectations).
My view. There are pre-established Support and Resistance levels for every stock and Nifty/Index. At the resistance levels, "Supply" (Profit booking/Selling/Exit) is expected. At support levels "Demand" (Buying/entry) is expected.
Net net it is so simple. It is a combination of which stocks are hitting the R or S levels with the Mother Hen - the Index.
Layman traders like me may be feeling the price good to enter at S levels and good to exit at R levels and which results in market action.
Dear ilango and all
I also have same question like Babu
bcoz when fii sold dii buys and vice versa. What has
the plan and tools they use?
The nose has a left and a right side; we use both to inhale and exhale.
Actually they are different; you would be able to feel the difference.
The right side represents the sun, left side represents the moon.
During a headache, try to close your right nose and use your left nose to breathe.
In about 5 min, your headache will go?
If you feel tired, just reverse, close your left nose and breathe through your right nose.
After a while, you will feel your mind is refreshed.
Right side belongs to 'hot', so it gets heated up easily, left side belongs to 'cold'.
Most females breathe with their left noses, so they get "cooled off" faster.
Most of the guys breathe with their right noses, they get worked up.
Breathing Therapy Makes u Relax
Do you notice the moment we wake up, which side breathes faster? Left or right? ?
If left is faster, you will feel tired.
So, close your left nose and use your right nose for breathing, you will get refreshed quickly.
This can be taught to kids, but it is more effective when practiced by adults.
My friend used to have bad headaches and was always visiting the doctor.
There was this period when he suffered headache literally every night, unable to study.
Breathing Therapy Makes u Relax
He took painkillers, did not work.
He decided to try out the breathing therapy here: closed his right nose and breathed through his left nose.
In less than a week, his headaches were gone! He continued the exercise for one month.
This alternative natural therapy without medication is something that he has experienced.
So, why not give it a try?
Have a nice day!
The nose has a left and a right side; we use both to inhale and exhale.
Actually they are different; you would be able to feel the difference.
The right side represents the sun, left side represents the moon.
During a headache, try to close your right nose and use your left nose to breathe.
In about 5 min, your headache will go?
If you feel tired, just reverse, close your left nose and breathe through your right nose.
After a while, you will feel your mind is refreshed.
Right side belongs to 'hot', so it gets heated up easily, left side belongs to 'cold'.
Most females breathe with their left noses, so they get "cooled off" faster.
Most of the guys breathe with their right noses, they get worked up.
Breathing Therapy Makes u Relax
Do you notice the moment we wake up, which side breathes faster? Left or right? ?
If left is faster, you will feel tired.
So, close your left nose and use your right nose for breathing, you will get refreshed quickly.
This can be taught to kids, but it is more effective when practiced by adults.
My friend used to have bad headaches and was always visiting the doctor.
There was this period when he suffered headache literally every night, unable to study.
Breathing Therapy Makes u Relax
He took painkillers, did not work.
He decided to try out the breathing therapy here: closed his right nose and breathed through his left nose.
In less than a week, his headaches were gone! He continued the exercise for one month.
This alternative natural therapy without medication is something that he has experienced.
So, why not give it a try?
Have a nice day!
@kumaraguru
I used to read your nifty blog since
last 15 days
happy to share over here
Thanx kk
@ Babu,
It is really very simple. If you go to a market place where auctions take place, the bids change each weekly meet based on various people's perception of value of that commodity.
Similarly in stock market, all kinds of trader/ investors with their own method of analysing the prices, the insiders who are close to the market, various fund managers who track the company's growth thru' their monthly sales figures, advance tax, etc, then this hedge funds flushed with funds for a short duration and so on. All these get reflected in the prices and from there to various TA parameters.
One should follow what it tells in a continuous manner.
"5285" has given away(Month high ema) , only to find support @ Day low ema(5275) and if that fails 5258(Week high ema) which should hold for initiating some longs here.
Those who bought closer to the Day Low ema (5275) may look for a target of 5320 initially.
Another EW possibility suggests a reversal from here. I will post the chart now.
rahul k : Very good. When I have head ache(OR OTHERS near me),feel tired etc, I close the hole just one inch below the points you mentioned. It helps a LOT.
Rajagopal sir,
LOL!!!! Very very true sir!!!
Dear Rahul!
Thanx for breathing information but its my request to u, pls keep it precise alwaz then everybody would love to read it with full interest.
Rgrds,
KUMAR
Hello Friends,
some dope on TataSteel.
5EMA is about to cross 20EMA, if it happens then we can see sharp move to 530 and then 545 levels which is also 38.2% of the fall and our Inv. Head & Shoulder target.
see the chart here:
http://tradingontechnicals.blogspot.com/2010/06/tata-steel-update.html
Thanks
Sir,
I will send mail with list of Questions, you can answer when ever you have time.
If i want to re-short of BN, can i do @9650?
@RG Thank you very much
gm all.
Looks like one more fall heading this way.
@ R G :) :) :) you and R M are in the same boat :)
Nice commenting..
Hi Yoda - can I dig a DEEEEEEP trench?
lol, rg, I think a shallow one would do.:)
This is a very good article. Not only about the warm water after your meal, but about Heart Attacks . The Chinese and Japanese drink hot tea with their meals, not cold water, maybe it is time we adopt their drinking habit while eating.
&nb sp;
For those who like to drink cold water, this article is applicable to you. It is nice to have a cup of cold drink after a meal. However, the cold water will solidify the oily stuff that you have just consumed. It will slow down the digestion. Once this 'sludge' reacts with the acid, it will break down and be absorbed by the intestine faster than the solid food. It will line the intestine. Very soon, this will turn into fats and lead to cancer. It is best to drink hot soup or warm water after a meal.
Common Symptoms Of Heart Attack...
A serious note about heart attacks - You should know that not every heart attack symptom is going to be the left arm hurting . Be aware of intense pain in the jaw line .
You may never have the first chest pain during the course of a heart attack.Nausea and intense sweating are also common symptoms. 60% of people who have a heart attack while they are asleep do not wake up. Pain in the jaw can wake you from a sound sleep. Let's be careful and be aware. The more we know, the better chance we could survive.
A cardiologist says if everyone who reads this message sends it to 10 people, you can be sure that we'll save at least one life. Read this & Send to a friend. It could save a life. So, please be a true friend and send this article to all your friends you care about.
I JUST DID - -
I think one must read this
----------------------------
------------------------------
@ all
Booked/sold 1 lot Minifty @5307 & carring
1 lot for 5320 with SL @ 5297
kk
when you all gr8 people are bussy in making money
i request them to read my artical and paste
in your routine life
Rahul,
Appreciate your articles but Pl share your stories on Sundays please and leave trading days for trading purpose.
@ rahul : You can try to prevent "heart attack" but not life..(death)
I remember one thing, last year 2 Cardiologists DIED ON THE SPOT in "Cardiologists Conference" (when meeting was going on) (which held in Germany i think.. not sure) just for information.
Death Begins with very moment of Birth.
ilango and kkay...i carried a 5300ce and sold near 120 its great..thanks a lot ilango
NEW POST DONE.
Dear Sujatha!
I totally disagree u, Its not question of death & life. Death is certain but whatever life v live that should be healthy, death is ultimate so don't mingle that with health issue.
rgrds,
KUMAR
waiting eagerly for this hour update. close, 5EMA, HEMA, LEMA all are getting closer.
-- gd
M/R manojag
I am very sorry to you
and all people
for obstructing in trading
hence forth i will not post
such artical
thanks
ilango ..i go through the sar signals...now i am watching that..which is the good link ..through market calls the doted lines not seen(but updated continously )
but in ichart doted line there but didnt updated
Ravi,
pl try thttp://in.finance.yahoo.com/q/ta?s=%5ENSEI&t=1d&l=on&z=l&q=c&p=p,e5&a=r14&c=his link:
Rahul,
Your articles are very informative but request that you post them on Saturdays/Sundays.
Thanks
http://in.finance.yahoo.com/q/ta?s=%5ENSEI&t=1d&l=on&z=l&q=c&p=p,e5&a=r14&c=
Big picture.
Those craps are not stupid to waste time in posting these kind of post.They have a motive and they are part of big picture.Basically the market suckers do not want common people to get smart as without loosers they cannot gain money because this is zero sum game.They pay people to do this dirty job.We should not loose our focus and energy with this Koolis rather we should be united and fight those suckers and make them loose money.Before IT revolution a group of people were making money happily but now power of internet has opened market to best of best minds which has made thier life difficult.
United we live, Divided we fall
-Crorepathi
all world markets red
i am watching 5300CE and PE for a long time. CE is valued higher by atleast 20 points than PE. People are bullishly inclined ??.
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