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...
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ...
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Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
58 comments:
ThankQ Ilango sir...
Hey Friends, I've question regarding contract expiry. I'm carrying 5400PE, it's quite obvious that market will close below it.. My question is what if i don't book the profit here. Will exchange close this at the last traded price or is there any other way to expire them?
utv soft & indian hotels success, and PFC and federal bank failures strengthens my point that volume follow ups along with LH/LL & HH/HL formation on a daily/weekly/monthly scale are valid enough parameters for a stock specific approach.
would come forward with other trades whenever a signal is there.
sionara for now
looking forward for co operation from u all
thanks
regards
Rama.. it is (Buying Price - LTP - Brokerage) to your account
rama,
no offense..if you don't understand the option fundamentals..pls don't touch it..its very dangerous..can erode wealth in one trade..
RAMA u will get the money as per the closing price but u will be fined for not squaring ur put since its in the money and that fine is good amount so i will suggest to square off before 3:30.
Cheers
Akhil
Dear @Rama!
U can buy Nifty JUne here & both will be settled at closing automatically & in this way ur put will be booked almost @100 Rs.
Rgrds,
KUMAR
Dear @Rama!
We never charged any fine with our clients, nor exchange charge. U can also confirm to ur broker too at ur end.
Rgrds,
KUMAR
@ Akhil,
That is very useful new info to me. There is a fine..?? And that too a good amount..!!
@Rajagopal
2.30 factor nifty buy or sell ?
@Rama
All /in the money' options need to be covered before expiry, or else it will be charged a abnormal STT, as they called it at the rate of Rs.12,500/1 Crore of position.
Call ur broker get the details...
Thanks for the information assortZ and all. Have a profitable trade.
@ Rama
Who have Buy Open Position in Option (in the money contracts only) Segment (In Jun 2010 Expiry) are advised to square up their open position before closing of normal market to avoid abnormal STT Charges of Rs. 12500/Crore on Full Contract Value..
hope you gotit ....
@Akhil,
Even i kept many times without closing the positions in options. But it will be closed automatically along with the expiry. But there will be no fine for not closing.
Yes, Rama. close option position. STT is too high. It will be almost 6rs per lot plus brok and other charges
sir time to buy nifty as per pre mkt view should we go long
Hi Rochak,
Have a look on PIPAVAV,it's retraced from 104.95 to 96.25 or 61.8% & bounced well with good volume made high 98.50 in today's dull mkt,made hh & hl today if it's cose above 98/- then my minimum tgt 100.10 tomorrow
Hi friends,
come and join larger timeframe (daily/weekly)
there is no traffic, less competion no need to panic everyday
Real big money can be made only on holding a position.
Dear Sethu,
What is your blog address??
Sunil
Dear @HariArani!
There may b some brokers who r doing these kind of activities, my broking house never do these kind of things. I do so many trades like this on expiry day, most importantly Nifty's options are beased on EUROPION OPTIONS which may be exercised only on expiry day.
Rgrds,
KUMAR
Dear Illango sir,
I have made this auto update EOD basis NIfty and Nifty 50 Stock Pivot Levels
http://niftystockpivot.blogspot.com/
Hope it will be useful for we people in making our trading plan
I have the same for Camarilla Pivot points if u like this i can share the other blog link also.
Please let me knw if this is useful.
Rgds,
Bramesh
hello mr pradhan
thanks , i am pleased with ur observation and acquiring volumes along with HH/HL or LL/LH approach in ur trading.
i hope, if u r honest and disciplined to convert ur observation into trades but with a Strict SL, success is not away.
The reason why pipapav dipped was the denial by the company for having talks with reliance for a stake sale.
and since after such a news based dip, stocks are ought to bounce off, like yes bank bounced off yest. after a sell by robobank. such a bounce cant be denied. but since, it had created record volumes when the denial news came, it is assumed that lots of supply wud come at the range of 100-102, so please keep trailing it with a strict strict sl, to me its a hold only after a close above 102.5-103 kind of levels. till then supply keep coming
please keep visiting my blog for the same.
thanks
regards
================================================================================================================================================
BRAHMESH STARTING PAID SERVICE
tughlak ilango given 5270 to 5365-90.tughlak how to trade this range.so many levels between
finally tughlak claims my levels are right.like a good boy presents and speaks about trading systems.you naughty jealous tughlak.stick with 3-4 levels.do not confuse your sad followers.
people like tughlak confuses follwers with small knowledge.
hey rg common man....you poor follower
10 lots of nifty 5300 put bought @5.60 booked
@8.60
profit: 30points -Rs300 brkerage
1200
Dear Sethu,
Done.
sunil
Hi Ilango
I am 100% sure abt that fact.I have to search my contract notes but I take care of these small things now.
Regards
Akhil
@Rama
An in the money option should always be squared off before expiry. The squaring off involves STT on option premium whereas the exercising of option would mean that you'll have to pay STT on full value of future which is significantly higher. You could check the exact amounts with your broker.
Regards.
MOnkey is back after incurrung huge loss in June series it seems. Welcome back Mr Monkey for getting a round of stoning.
I think someone following the blog watching their face in the mirror.. ;) LOLs..
Relax dude.. You know what "In life things will happen, when they happen your real face will come out of the mast..
people like tughlak keep coming and going at this blog, without having deconcentrating the good selfless work being done here by I LANGO SIR. and after initiating my blog, i can claim that it really SUCKS out a hell out of u to take the responsibility towards these many follower whom i lango sir is handling
i cricize the effort of tughlak
Dear Ilango:
As per the TT HL Ema.. if close below 5316, will it be SELL on raise and if it close above 5316 is it BUY on DIPS?
Please advice
SIL
hello ilango sir
i can short nifty at 5200 can i roleover at this level
plz give me suggesion.
thanx.
dear ilango sir can i carry my short position
at this level to day i sell at 5335 level nifty
and bank nifty to ?
plz give me suggestion ?
regards,
alpesh
Hai everyone
Nifty futures hourly chart updated
http://niftychartsandpatterns.blogspot.com/2010/06/nifty-futures-hour-chart-with-cloud.html
Thank you
tughlak ilango before writing pre market view.
oh god i need to write pre market view.my followers do not have any mind.i will give 10 levels.out of it 2 will work.i can claim i am good.i am tughlak ilango because i give 10 levels with out any hassles.
yours dear cheater & fraud
tughlak ilango
@ SIL,
Now take the day High ema for decisions: A close below 5328 is weakness till it closes above that ema again as High ema denotes momentum on the upside.
You are right about 5316 too, the hour low ema. If it closes below there is downward momentum in the Hour time frame.
Nifty is in a range trading mode.
Value for July Nifty Future for trading on 25.06.2010
VAL : 5341
POC : 5353
VAH : 5356
Thank you again Ilango Sir;
Regards,
SIL
Oops ...OoT was busy squaring positions.
===
"Tuglaq" & C.Rajagopalachari (me S Rajagopal) are two men marked in history as "men who lived ahead of their times".
Sir Congratulations - even quack critics end up praising you in criticism.
Thank you for such motherly hand holding.
Nifty asked "What will happen to NIFTY this expiry" (y'day?) - well friend Nifty Expired. You live long.
@ Pawan,
Thank you.
@ arpit,
Prices have firmed up and is still in the decisive 5290-5345 zone.
Expiry very much in 5300-5320 range. Edserv positional call still valid...given good break out today.
Researchers have warned that incessant use of mobile phones may cause a brain tumour pandemic in Britain.
A recent 17 million-pounds study concluded that the risk of the disease is at least 25 per cent more than previous studies showed, and only those who talk on their mobile for 30 minutes a day for 10 years were more likely to get brain cancer.
But electronics engineer Lloyd Morgan says that the danger is grossly under estimated.
"What we have discovered indicates there is going to be one hell of a brain tumour pandemic unless people are warned and encouraged to change current cell phone use behaviours,” The Scotsman quoted Morgan as saying.
"Governments should not soft-peddle this critical public health issue but instead rapidly educate citizens on the risks.
"People should hear the message clearly that cell phones should be kept away from one’s head and body at all times," Morgan added.
An earlier study, which included results from the UK and four Scandinavian countries found virtually no increased risk of meningiomas and glioma - two types of brain cancer. Morgan, however, insists that a correction factor applied showed that not only was risk of meningioma found for every year of cell phone use, a person’s risk of meningioma increases by 24 per cent.
Ed Yong, head of health information at Cancer Research UK, said, "The warnings of a ‘brain tumour pandemic’ are overblown.
"National brain cancer rates have not increased in proportion to skyrocketing phone use and there are still no good consistent explanations for how mobile phones could cause cancer."
Free Nifty tips at-
http://nifty-tips-calls.blogspot.com
Bye Sir. Bye Friends.
Dear @Tughlak,
Ur behaviour showing that u should not be allowed between civilians, behave urself either u will feel guilty for ur behaviour whole life.
I've closed my position, Thanks for the advice Sharma/Prashant sir.. What an interesting expiry this this has been..
Have a great rest of the day Friends..
And to the guy "who is still watching the face in the mirror".. I wish him a good luck ahead..
Thanks Rochak for your appropriate assessment on technical perspective .
I aware all of these things/news related Stack sell to Ril or any big corporates Co.
Now days this stock comes in lime light with lot off positive news,that's why i am in it for investment perspective
Thanks again for your such good work & keep it up.
Regards,
Pradhan Bhanushali
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 - -
Dear ka,
I was off the market in the afternoon so missed the market. Just read your, kkay’s and manu’s comment. It is really touching. We are thankful to Dear Ilango that he has given an opportunity to share one’s feeling.
all the world markets are going for deep cuts , our market will follow , even god cannot deny it. I went bust because of the shorts, so goodbye freinds.If you have no discipline , please dont trader,trading without discipline is like trying to para-diving without parachute. Hope you write itt down someplace and read it loudly before EVERY trade. BYE.
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@lazydude,nice one.......
@ rahul k
Nice message
Kkay
Nice Post FREE NIFTY TIPS AT : http://stock-commodity-market-investment.blogspot.com
http://stock-commodity-market-investment.blogspot.com
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