http://spreadsheets.google.com/ccc?key=0AllWKRfXQB-0dGxvTGstZEI4bGk2M2tqeEF4MG1TalE&hl=en&authkey=CKqJzuoN#gid=0 <--- it opens for me, ka. Check it out.
Somewhere in the middle of this long (seven part) she mentions about Elliott and his waves concepts She also mentions very interesting fact That in intraday trading you should not have trailing stops..watch the video Enjoy
EUR-USD chart is looking fine and currently trading higher. hourly chart looks like a reverse H&S breakout. I could be wrong too but can you check it out.
Maybe I should change my profile, Anuj.:p ty for the vid, its good.
@ka, yes, I think in a while when you follow a single indicator you get a feel for the market direction (or follow Ilango's direction on it). Even gap-ups and gap-downs reach for the ema again, so you get a few opportunities to get out within 20 pts of it.
RG i am with the bullish view..where the money will go...once rupee dollar equilibrium is touched, money has to come to India and chinese markets...just a matter of days.. i remember sir's writing "two more days.." that coincides with solar eclipse on July so we can see trend change. so far so good..let's see
Should I also square off my sucker longs taken@ 5338 NF? I have big quantity, at least for me? Or should I hold? Would really appreciate your advice here.
in simple terms, arriving at adjusted value of rupee with the change in variables factoring in exchange rate..
u can google it further to know.. one such doc is http://www.docstoc.com/docs/3630128/The-Indian-Foreign-Exchange-Market-and-the-Equilibrium-Real-Exchange
Ilango’s TA file RG’s NF TA file Sunder's OI file Arunima’s FIB file Yoda’s ema file Nifty charts Other web pages After observing all “Sir shall I hold long? Or shall I go short?” “arukka mudiyathavan eduppil 58 aruval”!!!!
Ilango Sir / Everyone, any idea whether ICSA futures will close above 150 today.....tomorrow is AGM....so there are lot of expectations....since morning, the stock is in a narrow range of 143.30 to 145.40!!!!!!
Having completed a "5" from the low (Why don't you guys learn to count 12345 now), the "abc" (No biscuits for this English class)correction is on for some time in the range of 5290 to 5265/5255.
Ilango Sir, Thanks :-)btw, Sir - I believe that today market will close more than 5300 and tomorrow, it will open gap UP by at-least 30-40 points because i see US trading in GREEN today and also asia traging in GREEN tom. morning - do u agree?
I think i am one of the last bench last student struggling to understand the 12345 count; please let me know the link where i can go and read about the count; i think i shd attend extra clases also;
67 comments:
Hai everyone
Nifty futures triangle updated with Hour RSI. Nifty futures and the hour rsi both trading close to resistance points.
http://niftychartsandpatterns.blogspot.com/2010/06/triangle-breakout-in-nifty-futures.html
Thank you
@Prabhakar,yw.:)
You will almost always get an answer here - if you don't, ask again. Its only in the "do I buy/sell here" that they leave it to Ilango.
Reliance close to breakout level of 1100.
@gd....i could not access the google page where you have posted the excel. can you guide me plz ? does that need your approval ?
Plz let me know your email....
Watch over your shoulder:
Up mood seems to be on Dow move.
Chinese Checkers down - dragging.
Euro reported to open gap down narrow(!)
Keep shifting Profit to Pocket.
http://spreadsheets.google.com/ccc?key=0AllWKRfXQB-0dGxvTGstZEI4bGk2M2tqeEF4MG1TalE&hl=en&authkey=CKqJzuoN#gid=0 <--- it opens for me, ka. Check it out.
RG
trade off going on in chinese checkers game...link this with record lowest yield on 2 year US treasuries..
//keep shifting profit to pocket//
good one...ye gyan kabhi hua..
takes me thru too.......thanks Yoda bhai !
@Fire and all
http://www.youtube.com/watch?v=HsI2JxGx5Es&feature=PlayList&p=EF99FC2BBD0237B4&playnext_from=PL&index=0&playnext=1
Somewhere in the middle of this long (seven part) she mentions about Elliott and his waves concepts
She also mentions very interesting fact
That in intraday trading you should not have trailing stops..watch the video
Enjoy
Hi Ilango, Wave 'i' of '5' ongoing targetting 5310-5320?
Rajaji,
EUR-USD chart is looking fine and currently trading higher. hourly chart looks like a reverse H&S breakout. I could be wrong too but can you check it out.
just clarify me here...rather than to wait till it closes above ema, can we judge the activity around the ema and accordingly take position ?
regards
@ka
"takes me thru too.......thanks Yoda bhai !"
he he
Check out yoda's profile
you need to correct your statement!!
@gd, your sheet is so popular, I think maybe you should keep it updated on your site. Maybe add a day, week 5-ema from Sundar's T.A.:)
but the nifty struggles around fundas...
NS trying to get past PIVOT and NF over VAH !
sir, what say ?
hmmm...ok, "takes me thru too.......thanks Yoda 'deedhi' !"
Maybe I should change my profile, Anuj.:p
ty for the vid, its good.
@ka, yes, I think in a while when you follow a single indicator you get a feel for the market direction (or follow Ilango's direction on it). Even gap-ups and gap-downs reach for the ema again, so you get a few opportunities to get out within 20 pts of it.
@ka and yoda
:))
Fire - very valid noted. How much time it takes to reverse swing?
===
Sri - //keep shifting profit to pocket//
good one...ye gyan kabhi hua..
part of p2p funda (point to point=profit to pocket).(Intra)
Now, will the uncertainity increase with the huge Bond redemption coming up in Euro zone?
very much true Yoda...thanks for that input !
sir, have you observed fast rise at around 11.35 which has brought here.
Rajaji,
:)
Now Reliance is the hope for the bulls.
Ilango sir, wht are the probable targets for this wave 5?
Cant part book as only one lot.
Thanks
RG
i am with the bullish view..where the money will go...once rupee dollar equilibrium is touched, money has to come to India and chinese markets...just a matter of days..
i remember sir's writing "two more days.." that coincides with solar eclipse on July so we can see trend change.
so far so good..let's see
Ilangoji,
Should I also square off my sucker longs taken@ 5338 NF? I have big quantity, at least for me? Or should I hold? Would really appreciate your advice here.
@ Bizagra -
if this is the 5th Wave, target should be 5550.(5210 + 312.
This should coincide with the right shoulder on the Dow.
@sriganeshh -
what is the rupee dollar equilibrium?
Sri - over riding gann level/view?
@Mr GG
in simple terms, arriving at adjusted value of rupee with the change in variables factoring in exchange rate..
u can google it further to know..
one such doc is http://www.docstoc.com/docs/3630128/The-Indian-Foreign-Exchange-Market-and-the-Equilibrium-Real-Exchange
RG
changing times & patters ..u know
RG
sorry it is patterns
nifty is struggling to 5292 NF high. Intersting
At this stage, daily stochastics is showing Bullish Warning. Yesterday a Bearish Failure caused a sharp fall. What now?
@RG
have u noticed NF vix has bounced from 1.18 with yesterday's move
NF struggles at VAH....
Vix - Yes Sri. Noticed.
Any intraday corrections should limit to 5260.
However, a trailing SL on longs may be kept @ 5240NF.
in 5 min charts 200mma is giving res to niftys upmove,should break it above now,owise may see dip to 5264 again
@ Fire,
Keep your Longs.
hi sri..
will main u soon ..
@ sir
viren s looking 5160/5120 NF
Ilangoji,
Thanks.
@ka,
sorry i was out. This is the link i shared -
http://spreadsheets.google.com/ccc?key=0AllWKRfXQB-0dGxvTGstZEI4bGk2M2tqeEF4MG1TalE&hl=en&authkey=CKqJzuoN
Thanks
-- gd
np GD, i got that from Yoda...thank you.
@ manu,
It is a probability game. If 5240 is broken, 5185 is possible or the 5164(as per a fibo calculation).
Viren could be right. Good Luck to him.
But you must also remember that he may have shorted at higher level and he will have his reversal strategy too.
One should know the entire trading plan to comment on it.
@ GG,
Delayed response to your "i" of 5th targeting 5310-5320. - On the verge of moving into your scenario.
Great.
yay, NF crossed the 26 ema! gg, NF.:D
yes sir..
he is sitting frm 5367 lvls and adding
but at Shai lvls 5225 ..thr r buyers n d profile..
its a big support intra
a fast rise in 5 min is unfolding ! sir, comment ?
Ilango’s TA file
RG’s NF TA file
Sunder's OI file
Arunima’s FIB file
Yoda’s ema file
Nifty charts
Other web pages
After observing all “Sir shall I hold long? Or shall I go short?”
“arukka mudiyathavan eduppil 58 aruval”!!!!
@u.k.raj
lol...from where u r getting this kind of....?
OT...
IFCI +6%.
- gd
5285 overcome.
@ Ka,
the fast rise was there 30 minutes ago in 13 min/ 55/200min.
@ U.K.Raj,
This will become a "Weapon depot". "58" is a long way.
Pick any one "aruval" & try ..
:)
sri
translate wht UKr has written
@ u.k raj
Coimbatore Kusumbu!!! Entha aruvalavachu vettarathu?!!!
manu
try buzzing RG for right translation
the meaning is "who dont know cutting (reaping) has 58 swords in their kitty.."
am i right U K Raj
I am using "Ilango's TA" only sir.
Manu sorry.
UKR
y sorry dear..
ur 58 swords are less than mine named "RG"..
i hv started lkng Tamil a bit
@satheesh
summa sample.
@sriganeshh
thanks
"Weapon depot". "58"
AK-47
TA-58
Yes Sir. But trading is beyond simple Excel file. They must be complicated jargons which the preacher cannot explain.
@manu
Tamil is the oldest classical language out of seven classical languages in the world
Ilango Sir / Everyone,
any idea whether ICSA futures will close above 150 today.....tomorrow is AGM....so there are lot of expectations....since morning, the stock is in a narrow range of 143.30 to 145.40!!!!!!
EW intra class:
Having completed a "5" from the low (Why don't you guys learn to count 12345 now), the "abc" (No biscuits for this English class)correction is on for some time in the range of 5290 to 5265/5255.
NIFTY spot may revisit 5260-5244 level SL-5300(NS)
5244 is rising wedge target & 5260 is camarilla target
btw, look at the rally BPCL futures are having!!! people are buying as if there is no tomorrow...
oh! sorry everyone, i just realised that this is ONLY NIFTY BLOG....sorry again for posting abt. stock futures..
NEW POST DONE.
@ Janak,
Nifty being Mother of all does not mind her children.
Ilango Sir,
Thanks :-)btw, Sir - I believe that today market will close more than 5300 and tomorrow, it will open gap UP by at-least 30-40 points because i see US trading in GREEN today and also asia traging in GREEN tom. morning - do u agree?
Dear Ilango Sir:
I think i am one of the last bench last student struggling to understand the 12345 count; please let me know the link where i can go and read about the count; i think i shd attend extra clases also;
SIL
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