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...
234 comments:
1 – 200 of 234 Newer› Newest»Good Morning Ilango Ji,
SGX Nifty trading @ 5102.
Good Morning Ilango sir and friends....
Dear Sir
I am novice to this market but your guidance had made me to have some understanding of the market. May I request your goodself to please give again the fresh detailed elaborations of the parameters of TA table at one place so that we can enrich ourself. I feel indebted toy you for the rest of my life as far as market is concerned. Thanks
good morning,master & friends.have a nice day.
Namaste Ilango sir and all,
@ anand, go thro the 8th topic of start "trading with these" on the top corner of this blog. It gives a detailed explanation of the tech table and its usage.
Nifty Day chart and Hour chart:
http://3.bp.blogspot.com/-oVuhc4b5Rwg/TmZjzspPSvI/AAAAAAAAARw/vxrY_teYAvo/s1600/day+chart+sept+6.bmp
http://4.bp.blogspot.com/-XMvPAkbZEsA/TmZkO5lx3pI/AAAAAAAAAR0/4KwbkHPAq_k/s1600/hour+chart+sept+6.bmp
Sir, if the Inverse H&S comes intoplay, then can we take that the 3rd wave(C) is over at 4720, and
now it is the fourth wave goingon instead of iv.C?
If not please tell at what levels this alternative is possible?
Good Morning Ilango Sir and Friends
NIFTY Daily Analysis: CLICK HERE
Good Morning Ilango sir and friends.
Thank you for your wonderful efforts.
ilango sir,
Why is JNSAR 4937 in TT ( daily ) but in the synopsis you have it at 4970 ?
Thanks
gd
dear ANAND,go thru right columns of this blog.dont read them.STUDY THEM
GM All
Update for the day -
Bounce continues..
Best,
Lee
ilango sir,
After JNSAR turned up at 4910 on 29th Aug, you have made few more trades ( after selling original two lots ). In JNSAR explanation, you have mentioned this as an optional step only for the experienced. I want to know how you made decisions on taking these extra trades.
Thanks
gd
@golfdude. Sir must have added filter to lock in profits
@golfdude. those trades based on supports and resistances. even im not able to catch them most of the times :(
Namaste Ilango sir and other fellow bloggers
LV
5091 - monthly pivot
5092 - monthly low EMA
Namaste ilango sir and friends,
Today's quote received :
Cultivation of art of listening is to much important
because when you have the ability to listen to almost anything without losing your temper or self confidence....then only you are truly educated.
Dear Kumar sir,
Thank you for the update.
Good morning Ilango Sir and all blog mates
GM sir and all gems of JN
NS or NF prices compared to PE 5000 price being same, PE prices are up by about 0.5% for last 15 minutes or so.
Thank you very much Kumar Sir for update.
Good Morning Master and copy to All
Booked all now waiting for some dip
Optiom Millionaire
Pls add Dear Kumar Sir's Blog link in your Blog
Thanks
GOOD MORNING..............
Nifty exactly opposed at 5110 IHNS breakout point.
good morning sir and to all
Good Morning Sir and warriors
Good Morning Everybody!
Dear DR sir!
Thanx a lot for booking profit, now we can expect little fall:)
Dear Kumar sir,
Thank you for the updates.
Kumar Sir
Mushkil lag raha hai
We try to act smart but mkt is always smarter than traders
Alone Nifty can deceive Crores of traders
First it will test patience before giving any dip
and EOD is OB 60 mint is OB
so risk reward is in favour of Listening You tube songs
Let wait for price wise or time wise correction
Dear Lakhbinder Singh,
ok i will do it.
Thanks.
NIFTY Moving towards the resistance line CLICK HERE
Dear Ilango Sir & Blogmates,
OI Update at 10:00 AM
Thanks & Regards,
Sanjay Kr Jaiswal
Sujatha,
your magical sensex numbers please!!
Gm sir & friends,,,
Nifty above 5100 can test 5135,,
& reliance 845 can test...
First weakness can see only below 5090
Thanks suja!!!
Is there -ve div on 5min Nifty chart?
Good morning Ilango sir & friends
Sanjay, thanks for OI UPDATES.
Trend
Watch your charts for the trend
Trend is your friend
in opening a trade
and closing a trade
Trend is identified by watching tops and bottoms
Which are visible on charts of bars
A bottom will be there between two tops
A top will be there between two bottoms
Increase in bottoms indicates an uptrend
Decrease in tops signals the downtrend
Keep your charts up-to-date
Watch your charts with a trend template
Trend is the horse
That draws your capital cart in the bourse.
courtesy : http://knol.google.com/k/stock-market-poems#
breaking news!!! Blast near Delhi high court. Hope everyone safe.
Blast in delhi
DR sir!
Waah kya baat hai, what a TREND description:)
Dear kumar sir,
Thank you for the update sir,
I don't know why Sujatha's posts have been removed by author? appearing
Sir - No intraday updates today???
@bala. Those are her "for your eyes only levels"
Dear BALA!
Author mean writer herself, her levels are precious always so she keeps it safely after a glimpse:)
Shorted Nifty @ 5100.0
http://ibnlive.in.com/news/explosion-outside-delhi-hc-many-injured/182009-3.html
Sis
deletes her posts cos many times FIIs have stolen her levels
:D
hahaha...
Good morning gurudev and friends!
hindalco 1st tgt achd ,, ( blog update )
Everyone waiting for small dip, but it is giving small jerks
JNSAR का जवाब नहीं!
As of now, it seems no Breaking News with Nifty.
Lets have some fun
http://3.bp.blogspot.com/_pEIRLP9WzWU/THForimZMJI/AAAAAAAADXA/HJ0n3yLMD04/s1600/media_http9gagcomphoto15158540jpg_onphqocmpmJzFgC.jpg.scaled1000.jpg
http://myfunnyworld.net/Funny_pictures/stock-market-cartoon-001.jpg
@Dinesh Rishi,
2nd one is very funny...
Namaste Ilango sir & all.
DR sir,
WAITING FOR A DIP TILL ----??? Please answer!!!
@Dinesh Rishi,
At last they may sell at lower level and buy at higher level...
http://www.funnycoolstuff.com/wp-content/uploads/2009/01/crashfun.jpg
Can somebody give me OHLC hourly for last two days in Nifty spot ?
Cut and paste here is fine
Thanks
gd
Great Wall of Nifty @ NS 5111, struggling to clear :(
@ golfdude you can get it from sir's just nifty file!!
05/09/2011 10:00 4,998.90 4,999.45 4,978.50 4,981.20
05/09/2011 11:00 4,981.15 4,987.95 4,972.90 4,985.25
05/09/2011 12:00 4,985.20 4,994.40 4,970.50 4,979.10
05/09/2011 13:00 4,979.15 4,991.10 4,964.85 4,974.70
05/09/2011 14:00 4,974.85 5,030.20 4,974.30 5,019.80
05/09/2011 15:00 5,019.45 5,027.10 4,993.55 5,007.10
05/09/2011 16:00 5,006.95 5,024.05 5,005.55 5,017.20
06/09/2011 10:00 4,993.35 5,000.95 4,975.55 4,975.95
06/09/2011 11:00 4,976.10 4,984.70 4,943.85 4,959.85
06/09/2011 12:00 4,959.75 4,966.55 4,945.40 4,957.95
06/09/2011 13:00 4,957.90 4,999.85 4,952.50 4,978.60
06/09/2011 14:00 4,978.00 5,039.10 4,977.85 5,019.80
06/09/2011 15:00 5,019.65 5,066.50 5,019.25 5,062.30
06/09/2011 16:00 5,062.15 5,072.75 5,053.45 5,064.30
Dear ILango sir!
Today no TT update, are you busy sir or any technical problem?
Rgrds
Kumar
Satheesh
let the dip start below 5084 NF
will see after that but if at all dip comes I will buy only above
5084
at this juncture any dip will be difficult for bulls
to handle
Nifty is acting more. RIL is enjoying...
@satheesh - THANKS
gd
brijsolution said...
Gm sir & friends,,,
Nifty above 5100 can test 5135,,
& reliance 845 can test...
September 7, 2011 10:21 AM
Nifty now 15 points away for tgt
12 Points discount in NF!!
NF has been in 12 pts discount since yday and not narrowed despite the rise!
Dear kumar sir,
Thank you for the latest update.
Thanks DR sir
Why is Sir not updating today?
brijsolution said...
First weakness can see only below 5090
September 7, 2011 10:26 AM
Update : now below 5105 below only weakness intra
Sujatha said...
Satheesh - NF may target 5139 then may think of reverse??
Now delete ur comments Sis :D
ha ha ha u cant delete this one Lolzzzzzzzzzzzz
I think Master is busy today
Sir plz reply :(
Is everything OK Sir?
We are begining to get a bit worried:(
Regards,
Ranjan
i guess master is watching us silently to see how we behave in the class in his absence :)
nifty candles are moving along upper BB in 30 min charts. seems to a bullish flag today?
DR sir, sujatha has already deleted the comment!!!!
People of India deserve what they are getting. In 2009, they had 70 plus blasts with more then 5K dead and yet (cont)
GOOD one Dinesh ji
DR - :) but u can't get my previous sensex/nifty levels na? lolz :D
Sir is not here posting my levels is "injurious to wealth" i posted for specific person hence deleting
Thanks for support to giving me 5135 : D,, booked 75% remain book below 5110 sustain
There is -ve divergence in Hr 14 RSI, Hr SMACD and Hr Fmacd charts.
update of Hour chart - rising wedge:
http://4.bp.blogspot.com/-K5xidGXvuJg/TmcRq_SgnjI/AAAAAAAAAR4/8l-RD0N2CtI/s1600/update+of+Hour+chart+sept+7.bmp
@ Sanjay,
Thanks for OI update .
I think Ilango sir wants to see how all of us trade without his involvement...
Above 5135 sustain then 5185 tgt ,,,
Dear Kumar sir,
Thank you for the update.
RIL showing negative divergence on 5/15 min charts.
any fall upto 5117 seems safe to be a buy on dips.
Dear kumar sir,
Thank you very much for the update.
Dear Option Millionaire!
I trade very fast so my updates are too much in a day & hour. You are very sincere & doing good efforts but i think there is no need to do it again & again. Bcoz who follow my trades, he or she must be regularily watching my space. I hope, you will not take my request otherwise:)
Dear Kumar sir,
Ok sir.
kumar sir- i left a comment in your nifty post. pls have a look when u get a chance.
Doji formation on Bank Nifty hourly chart, next hour move may be decisive:)
Square off Nifty short @ 5127.0 Loss = 27.0
Long in Nifty @ 5127.0
hangsang lost 100 points from high.
sensex has not lost.
why??
pdd
Mr. SKFC
We dont give calls here or allow anybody to promote his
services.
Plz avoid posting calls here.
Its against the norms of this blog.
Study the posts for some time how people interact here and
you can be part of this community.
Hitendra - because Sensex had more buyers than sellers
well said dineshji...
Mr. Brijesh Bhatt
plz check the mail and revert
maro dhikro RIL darte darte upar ja raha hei:) 838 ke upar 848 trgt
and 860 ultimate
http://timesofindia.indiatimes.com/city/delhi/Briefcase-bomb-at-Delhi-high-court-kills-9-injures-50/articleshow/9893730.cms
Sujatha your sensex magic number 17103 achieved - what next???
Sujatha,
You have given your reply befor I asked!!
These are not calls, but actual trades..
Mr. SKFC
did anybody asked for your actual trades?
dont act funny and spoil atmosphere here
MR Dinesh rishi sir...
Sent mail...awake to read ur mail.. is this for me only?
sujatha sis,
I m PD of vfm.
I m to short @ 5153 or below 5110.
Thanks.
pdd
Dear Ramcharan!
I replied ur query on my blog:)
I hope sir gives at least 2.00p.m updates :(. He has always left a message that he would not be available for few hours!! Today is the first day (since the day i am associated with this blog!!)I have seen sir not leaving a message about his absence!!
Very True Satheesh.
True. Missing u Sir!
NIFTY TECHNICAL ANALYSIS
NIFTY CHART
The JNSAR for weekly has been hit.
Entered long again.
Thanks
@satheesh,
i remember one more day.
Rich,,, reliance 845
Yash and dhan,
Weekly JNSAR is 5226, J10sar is 5160 - none of it has been hit till now!! the developing weekly JNSAR is 5138 - which is to be considered for the next week only!!
Hi Sateesh,
I think I am missing something here.
I will study it again.
Sorry I will have to care about my trade now.
Thanks
Now Trail SL = 5137.0
Today one page only containing more than 130 postings. I am expecting Sir may come before 3:00 P.M.
@ Prabha - Except "unavoidable circumstances" he will not go like this. Hope he will post EOD
DR - Any packers and movers??? dip has not cometoday for your buy what u did u bought at 5100 level??
@satheesh,
By my understanding, Just like day JNSAR can be used to enter anytime during day,
weekly JNSAR can be used to trade anytime during the week. So I feel Yash did the right thing.
gd
@Sujatha,
Yes. I think his is first time for the past 2 years.
*his = this
Sis
done some chiller trades for evening soda & ice
if missed a trade than No problem "Mkt is forever"
Patience pays to doctor and trader also :D
NIFTY Futures chart updated: CLICK HERE
if today's high is not crossed by 10 am tmrw,
and a trade below 5115
then it is first sign of weakness.
ncash has started trading below low of last 60 min.
pdd
i dont see JNSAR in the Excel file .....only see J10sar there.
JNsar only updated on blog only?
http://1.bp.blogspot.com/_fPo-m6G36C8/S_nJ_Ng1cuI/AAAAAAAAMm8/fB4DgCysPHU/s1600/Patience+Pays.jpg
DR - pls stand up @ east side. i want to touch ur feet by my heart. disciplineeeeeeeeeeee. when will i lose my "salt trade". hopefully from next month onwards. if at all any salt thinking comes i will close my eyes and remember u.
@golfdude
The weekly JNSAR of 5226 is valid for this week ending
09th while the developing JNSAR for the next week
ending 16th is 5138 as of now (this will change).
http://madisonbeatnik.com/feature/images/20Patience-Pays.png
@Raj,
In premarket view, we get JNSAR for today. And if market behaves around that number, we trade. Shouldnt the same concept be extended for weekly as well ?
gd
i dont see JNSAR in the Excel file .....only see J10sar there.
JNsar only updated on blog only?
godd afternoon everyone , can any one tell me differnce between jnsar and j10 sar
@Sujatha,
Pasted your posting in my file. Now you can't delete from my system..
DR - deleted post?? becoming like me :(
prabha - :) OOps..satheesh is late :) waiting for her reply
SAN in the chart you gave , can you count 5 waves up I CAN
@DR,Kumar sir, Piyush
plz give last minute strategy on longs or shorts...
@ golf dude,
What you say works well during trending days but it is better to attempt the exact one during corrective moves. The JNSAR for the taken for the day is yesterdays EOD data. We do not go for a JNSAR which is developing today. So is the case with weekly JNSAR. there are two more days to complete the week. By the time the JNSAR would have changed. So when trades are initiated based on the devloping SAR it might end up in a wrong trade.
@golfdude
To my understanding, JNSAR for the day (i.e 'Today')
doesn't change during the course of the day and the no.
is decided after yesterday's closing. Same
for the week and hour.
Hope Sujatha mam is right in reaching the level 4885,
below which bears can take us to our journey riding
the 5th wave.
@ analyst anil
going by wave counts (5 min charts) rally may have ended.
confirmation breach of 5085
Sujatha,
the 1 xa=5076 -5154 - is for intraday - the retracements are right.
Instead of calculating for XA = 4720 -5254now, there is another low of 4943. so calculating the retracment for XA = 4943 - 5154 would be 5073,5023 and 4988.
Then we shall go for 4720-5154 once the previous retracements are finished.
Am I clear?
Dear Analyst-anil!
I just gave on my blog, u can see there.
@satheesh,
See @Raj's note.
JNSAR for the day ( which is figured out day before ) does not change during the day. Similar logic should apply for week also. JNSAR for this week was figured out
at end of last week and will not change this week.
gd
EOD OB but no sell signal yes
Those holding Positional longs may carry small exposure
I was out yesterday so going home empty Hand
@piyush , Kumar sir
Thanks...
aahaa satheesh - got it. got it :) :) see the CAM :( lollu 5230 thodama udadho??
Dear Ilango,
I am very much concerned by your continued absence without notification. I sincerely hope all is well with you all.
@JCOPER
Wave two corrects wave one, but can never extend beyond the starting point of wave one.
DR - jealous on uuuuuu :( :( :P
satheesh, how did you calculate the developing jnsar?
du you have the formula to calculate the
jnsar? if so pl share
Developing sar for tomorrow is around 4970
@golfdude
The weekly JNSAR for this week is 5226 since Monday,
will remain till Friday,while the weekly JNSAR for
week ending 16th will keep changing till 9th Sep.
Hope I am clear. Satheesh is also telling the same
thing.
@raj, @satheesh -
I also meant the same thing. I didnt realize that the original question was around someone trading with next week's JNSAR. Got it.
Thx
gd
.
Pure guess...i am expecting JNSAR for tomorrow around 5000.
gd
@ Kumar sir,
Dear sir, I am following KPL Swing Indicator. 9 candles pattern with 5 minutes candle for Intraday and 9 candles pattern with 12 minutes for positional. I request you to guide me.
Hello Sir,
How to get JNSAR level for others Stocks-Fut
or
How to calculate it.
hi
I think SAR is 4980.
Master,
Is everything OK?... This temple without the lord terrifies us...Please send message through someone .....
Praying to GOD that everything should be well...
Regards,
Prabha
HEMA 5071 LEMA 4977
JNSAR 4975
PL CONFIRM MASTER MY HEMA LEMA & YOUR PATENT JNSAR
Master,
Your absence for the whole day and even now in the evening is really worrisome. Please give a note to us well-wishers. Sincerely hope everything is alright with you. Your well-being is important to us.
Ilango Sir,
Every one is waiting for your small post.
Respected Sir,
Your silence is creating terrifying moments for all of us. Waiting to get a word from you, Sir
Regards
Sandeep
But my original question was how to calculate JNSAR...for example I uaually trade on UNITECH-FUT, so how to get JNSAR level of unitech..
Dear Friends,
May be the internet connection at Sir's home is down or his
computer is crashed? Hoping for the best.
Friends
I think My Master is not in good Health
other wise he will never take leave without intimating in advance
But I pray Almighty that I should be wrong.
Did anybody noticed he posted premkt @ 5:42 AM
I Contacted RG Sir, and mailed to Jay Mam
Waiting eagerly for their reply
My Master dont keep mobile phone
If anybody has Masters contact No Please
apprise us why he is absent today.
i am also worried about our masters health!
Dear Ilango Sir,
Your absence is killing us. Please revert back as soon as possible.
Thanks & Regards
Sanjay Kr Jaiswal
Dear sir
Waiting for you,
sir,its time for tuition.we r eagerly waiting.please..
Sir Ilango wish you all the best
hope everything is okay with you and your family.
i pray to the Almighty to give you good health all
allround wellbeing
Dear Sethu
Good work done but how to calculate for stocks like SBIN, Reliance etc.
Thanks a lot
God,
Please keep my Gurudev in good health!
Guys,
See master message on 18th Jan 2010 (he visited Coimbatore & put down this msg next day)
"I also got overpowered by the "Coimbatore gang" and the entire city's culture.
Thank you Nagarajan, U.K.Raj, Satyamurthi, Satheesh, Blood donation and so many other well wishers..."
U.K.Raj/Sateesh,
By any chance if you have way to get update from master, please do.
Market Trend For Tomorrow-
Market may hold the same position in next trading session also!!
Technical Levels in Nifty-50 for Tomorrow:
Resistance : R1 : 5200, R2 : 5270.
Support : S1 : 4940, S2 : 4860.
For Free Intraday Tips Read More Here- Free Stock Tips
Dear Ilango,
Since last two years, we are here and following you. This is the first time we have ever noticed that you were not here through out the day without any intimation. At this moment Updates have absolutely zero importance here. The real worrying part here is that in spite of our wishes we are helpless here due to unavailability of any contact details.
Dear Shivaprasad (the critic)
If you have any idea and if it is possible then please guide and throw some light in this situation.
@Ilango Sir,
Ur Absence is feared a lot ..... I wish and Expect Every thing
Good at your end .... anybody please update if is in touch with Master
i remember that sir once asked phone no of
rochak parekh to inquire abt his health.
he might be having sir's no. i am leaving
office and wont be online till morning
Guys, see if we can use below info any way..
RK Blog (http://mydreamfollows.blogspot.com/) , Son of Ilango Sir
Jay mam Blog (http://journeyofjay.blogspot.com/) , wife of Ilango Sir
Friends Plz dont ring me
I dont want to keep my cell phone engaged
tried my level best, hoping for a call
Will update here as and when get any confirmation.
Ilango is another Anna Hazare,
will you believe he dont have cell phone
Hello Ilango Sir,
Hope everything is fine
i pray with folded hands to the Lord of heavens and
earth to keep Ilango Sir in good health and all
safe. i wish the Lord will fulfill our yearnings
and grant Ilango Sirs coming back to his Blog!!
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