ilango sir, can we take a small long with 10 points SL to ride this last 5th wave?Thanks
Ilango sir is this the fast rise setup in RT 5 min chart?
Sunil/arpit can I have it for 12 noon?
can anybody refer me a website from where I can get nifty spot hrly data?
6196.4 , 6196.5 , 6172.75 , 6184.9
rochak parekh said... DEAR JN MATESis it time for metalscoming 6-9 monthsplease commentSeptember 17, 2010 2:26 PM rochak parekh said... be in metals for the next 8-10 daysmainly in bhushan steel & ispattata steel is a laggard for nowSeptember 17, 2010 2:57 PM --------------------------------------------------------------------i still believe, its time for metals for next 3-4 months & also, tata steel wud now be outsmarted by bhushan steel ( still room to go upside ) & jindal steel & power ( broken above 724 today )
@ sandy.. trade tiger is a good tool also india infoline has a software...just open an account... for rate updates..my trade tiger is for that only. Arpit
Good Morning Ilango sir and all Sir when is the next possible conservative entry??
Arpit I have a indiainfoline but can't find it. Can you refersome site where I can get it without opening an account?
@ Sandy,Let us know which tool you use for trading?
Mr Raj I need it for Spot nifty
@roachak ... Steel has seen a good run up ... the steel sector ahs inverse realtionship with the dollar .... Dollar already is at low.... so a cautious appraoch would be required ...
Mr. Ilango and this blog only. Prabhakar. I don't wantto disturb him during mkt. hrs.
@sandyPls. check that is spot nifty only.
Hey satheesh.. come to OJN, let us "give" more space to sir's opinion.Hi bizagra - what a agreeesiveeee trade, you are so bold..
@SujathaI m not as bold, never did it, just checking....:)
RCOM gives a break out with volumes .... time to buy now
instrument=FUTIDX&symbol=NIFTY&expirydate=29OCT2009&optThe above part suggests it's for nifty oct fut Mr. Raj?
is short initiated at cmp as coming below 6200
@sandycopy the link and past it in your browser address bar and hit enter and check chart. every time you have to refresh.
gm ilango ji and blogmates....europe is now in red....
Today Nifty is short at every rise till we get 6135 levels ....
@ Sandyif using India Infoline Trader Terminal just click on the nifty spot value, it will open up Nifty Spot chart I am new to this blog just observing ur system and trying to learn
@rochak,I am still holding onto my JSPL. Yep, it has finally displayed some sort of momentum :) By the way what is your target price for JSPL upon its 724 break out. My target is 775+. But I am not so sure if it can muster up enough strength to reach there.All in all, you seem to be confirming my views that JSPL is certainly a hold.
VS how to add nifty spot in indiainfoline as I am able to add only nifty future!
ok vs got the chart let's see if i can get the values?
@sandy,dont u see the spot values displayed on ur terminal... right below the menu bar
VS got h/l only but not getting o/h/l/c
@ powertrade,what would be the possible target for rcom for positional traders...?-arpitg345
Arpit 185 is the initial target
Arpit/sunil can you pls. provide hrly update?
Methinks there isn't much left in this rally if the likes of Suzlon and Rcom are leading it. My target for today would be 6280-6300 IF a fast rise were to play out now.Any thoughts, anyone?
6184.75 , 6195.30 , 6175.05 , 6180.60
Ilango sir can we go long near 6160 with S&R 6153??Thanks
An analysis on Reliance communication: CTRL + CLICK HERE
was that an intraday gap or something wrong with my charts?
Now established a small Long in Ambuja Cem @141, Target 150-155, SL 137. All prices are Spot.
@ niftyi am expecting a good upside tgt on jindal steel & power.if u go through its chart, it has done nothing in last 1 year, so i think, downside is capped @ 675. Ne ways , keep holding with a proper stop loss
Hghest OI in 6300 Call
Mynac can throw some light
Dear Ilango,Pl.update the TA table.
@ POWERTRADE,In the morning when NF was at it's day top then there was sharp reduction in 6000 PE O.I. means at least today some big player has taken the chance for a day to sell something.It would be in connection of the same that covering 6000 PE & writing 6300 CE.Note of Caution,Now a days due to this higher Nifty range,these additions reductions are so fast even by institutional players that they are tough to predict immediately.
good morning sir & seniors @power tradewhere is available live charts for stockswhich you have marked yesterday other than thatnse live chart,thanks & regards
@ POWERTRADE,If you will look at 6200PE then you will notice that there is intra 65% addition in O.I.,though in quantity terms it is small & though nifty is resisted now around 6185,still it has not crossed yet it's yesterday's close.i.e. 140This fact is indicating the tug of war is going on so we should wait for result.
True mynac .... Looking to today movement what i assume is that we may revisit 6080 .... by tomorrow max
Second H&S in the making fr NS.Neck becoming resisatance for next Head. Intersting !!
@ POWERTRADE,I am observing 6153 first today if it shall come there.let us see.
Dear Mynac, can i take a short trade at break of 6153??
Sunil/arpit can I have it for 1 p.m?
@sujata atleast the shorts taken for averaging in the morning are paying now....
Dear bizagra,Dear Ilango said the following earlier."Breach of 6153" might cause the start of weakness for the short term.If not, it will make another high after which a correction lasting many days may unfold.
@sujata..“There are old traders and bold traders,but there are no old, bold traders”:-)
NF again may guive a sell at 6215 ...
So, I shall also watch 6153 if it shall come there @ the action reactions by B & B.
6180.7 , 6181.1 , 6159.8 , 6160.75
@arpit ....Long is rcom should have a SL of 165 on clsoing basis
Sunil/arpit can I have it for 2 p.m?
2 pm = 6180.7 , 6181.1 , 6159.8 , 6160.75/Arpit
Yes power - power of 6200???
NEW POST DONE.
Sir Ns breaks 6153 can Short or wait?
@POWERTRADE,Thanks for sl of 165.yes...JNSAR level is at 169and MySAR_A level is at 167I will keep watching these levels.All are very far from cmp.-arpitg345