Tuesday, June 1, 2010

Nifty starts June with a big fall..



5 comments:

Local said...

So unexpected to start a month with a big fall.

Sanjay said...

Dear Ilango Sir & Blogmates,

Call Option 5100 to 5300 (23.6 lacs) added huge open interest with no profit booking seen.
Put Options 4500 - 4900 (20.1 lacs) added huge open interest.

Thanks & Regards

Sanjay Kr Jaiswal

HariArani said...

FII's Net Sell = -526.49 Cr
DII's Net Buy = +210.62 Cr

Sunny said...

hi dear sir ilango,
sir today we miss oportunity in bank nifty in hourly
chart create double top at 9385 and neckline 9215 so neckline broken
ifself tgt 9045 and afterall bank nifty crash upto 9093 sir i
really miss this ? i tkink i am like to work " jagte raho"
regards,
alpesh

Ilango said...

@ alpesh,

Do you download the Bank Nifty T.A file that I upload everyday and put the link at the top rightside of the blog..?

Besides I have also put the post on it in "Stockwealth".

It was suggested to "Sell" right from the start with an arrow to suggest a likely path upto 9100.

One needs to be patient enough to wait for such "fatigued conditions" (Extreme set ups) to take full advantage of it.

Yes..you need to be " jagte raho" and that is possible only when you develop a trading plan everyday.

Post a Comment

Elliot's Impulse waves.(Part-5)

IMPULSE WAVES :- The Basics Waves that move the market in the direction of its main trend either up or down are called Impulse waves. 1....