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...
49 comments:
Namaste Ilango sir & all.
Good Morning Sir and Warriors
Good Morning Master & Friends...
Good Morning all.
Good Morning Master and copy to all
Did you know that there is a system in our constitution, as per the 1969 act, in section "49-O" that a person can go to the polling booth, confirm his identity, get his finger marked and convey the presiding election officer that he doesn't want to vote anyone!
Yes such a feature is available, but obviously these seemingly notorious leaders have never disclosed it. This is called "49-O".
Why should you go and say "I VOTE NOBODY"... because, in a ward, if a candidate wins, say by 123 votes, and that particular ward has received "49-O" votes more than 123, then that polling will be cancelled and will have to be re-polled. Not only that, but the candidature of the contestants will be removed and they cannot contest the re-polling, since people had already expressed their decision on them. This would bring fear into parties and hence look for genuine candidates for their parties for election. This would change the way, of our whole political system... it is seemingly surprising why the election commission has not revealed such a feature to the public....
http://timesofindia.indiatimes.com/home/specials/assembly-elections-2011/tamil-nadu/EC-directed-to-give-wide-publicity-for-Rule-49-O/articleshow/7888682.cms
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@ilango sir,
I need your EW expertise knowledge. You created a subwave abc and marked recent 4 as a of 4. And now we have b of 4. Why not 4 completed and wave 5 of one higher degree ?
Thx
gd
good morning to blogmates.
where is sujatha sis?
pdd
If we see Nifty chart very nice round top has been made
and in Hindi मार्केट ने टोपी पहना दी या पहन ली
we can call it "Cap Pattern"
For Commodity Lovers new trades has been posted
@ gd,
I have clearly marked the end of "iv" and stated too earlier.
The green label is an "alternative scenario" which will start losing its validity as Nifty breaks below 4890(Mentioned in the chart).
PT
if he can predict Nifty of Jan 2022
ask him what will be todays closing
Form a "Known good (GOD) Source"
@PT
world is going to end in 2012...taking only shot term trades and enjoying the cash! :))
PT,
We want today close ;)
2022 is too far away :)
ohh powertrade
look like im watching Iron Man 2 on black white
AJ
Lolzzzzzzzzzz
You got 101 out of 100
@DR Sir,
Sorry Again .... Did the same mistake Again ...
@AJ
:) :) :D
@ PT,
What is the use of all such irrational numbers...?
year 2017, 2022 are too far from the present.
My Teachers always insist :
Learn from the past
Live in present and
Plan for future only to some extent...
@sahteesh is it bullish gartley pattern intra?
@Anuj,
Good Morning and Good One. :)
@Gaurang Bhai,
True .... So just removed the post now :)
Dear DR!
I fully agree sir, this rounding top pattern was observed on friday itself.
"Kumar Technicals said...
On 5 min chart Nifty is making rounding top so after a minor rally or without rally it may go upto 4950, if 5040 broken.
September 9, 2011 3:24 PM "
http://thepatternsite.com/roundingtop.html
India IIP for July at 3.3 vs 8.8 MOM
4943 broken.
Nifty Bought for intraday here
BADDDDDD IIPPPPPP DATAAAAAAA
4942.90 OF PREVIOUS LOW IS BROKEN.
PDD
Already discounted
4920 weekly low EMA
BAD IIP DATA was expected,so may not create any big fall apart from initial panic,i guess its good time to buy nifty near 4940-4945 ns levels with sl below 4918
any advice please
Current WLEMA (4932) offer support as of now.
NOW MAY BE RBI WILL SURPRISE ON 16TH POLICY BY NOT INCREASING POLICY IONFACT RATE CUT ON CARD
NEXT SOME IMPORTENT DAY FOR MARKET
..................................................................
15th Sept: Greece due for more aid.
15th sept : India - advance tax fig
16th Sept: RBI meeting.
20th-21st Sept: fed meeting.
29th Sept: Germany votes on bail out fund.
30th Sept: Spanish and Italian short selling expire
market taken support sofar exactly at weekly lowema at 4932.
@aashish,
I went purely because wave 3 length was not atleast 1.62 of wave 1. Now what if this is not wave 3 at all, but rather a subwave of wave 3 :)
gd
Dear joe!
If RBI surprises by rate cut, initially there may be a rally but after that market will tank badly bcoz that will confirm problem in economy:)
There's also big ONGC FPO coming...
DR - any agressive longs on BN?
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@ilango sir,
Thx. 4890 because it goes below (iv) of iii ?
Thx
gd
RIL settling itself between 805-795 to help Nifty for a bounce:)
Dear DR! Enjoy Lata ji's famous song:
http://www.youtube.com/watch?v=VMMsrwl5HkQ
golfdude,
4890 is 61.8% retracement to rise from 4720 to 5169.
Hitendra
BN long only above open Day/weekly price
Bounces during this fall have been of 40 to 45 points.
One such is due now holding above 4928.
@ vksoni,
no visible harmonic patterns in intraday till now.
Sir Does this mean to go fresh longs around here with
SL of 4890-4880 NS.
New Post Done.
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