Monday, October 3, 2011

Nifty gaps down & stays down.

1. JustNifty TA(04th Oct)

10 comments:

Parminder said...

Master ilango,
Your depiction and presentation of graphs combined with
your knowledge is immaculate which gives us indepth in
to the market.
Regards

Sanjay said...

Namaste Ilango Sir & Blogmates,

Relentless Selling by FII’s is on, will Nifty be able to withstand this onslaught: Option Analysis for 03-10-2011

Duplicated at Wordpress Site

Thanks & Regards,

Sanjay Kr Jaiswal

Piyush Sharda said...

Thank u sir, venkatapathy, prabha, mynac,parimal, vk soni,prabhakar, sryeo,anil, suja,manish,powertrade, prabhakar,bramesh and kumarji for ur wishes. Pardon me if i missed a name.
Thank u powertrade for ur suggestion.

Sir ,as u said
“And bring something to the board when you return”.
, i started trading in jnsar in nov 2010 in nifty. Simultaneously i started small qty in minifty which i traded as per ew/21or 14 sma/other studies /ta/divergence. The performance in jnsar is what many are aware but the returns in minifty vis a vis jn sar is nothing to share.if the returns of minifty will reach upto 80% levels of nifty (jnsar) for two consecutive months then i was thinking of disturbing u with improvement of methods which would probably hold some promise.. till then the struggle continues which shud ideally happen silently. the advice i can give to my fellow students of ur class is ignore maximum possible studies and and follow jnsar. This is what i do.

mynac said...

Dear piyush sharda,
Nice to see you back in action. Well come.
"the advice i can give to my fellow students of ur class is ignore maximum possible studies and and follow jnsar. This is what i do."

Very true advice.

It was already ignored earlier, because, myself know it very well that it’s not my cup of tea... I would like to share my funny experience here.

After so many comments in last 2-3 years on EW study by friends, blogmates …one day I tried to “jump” in it & studiously prepare (?) a chart & sent it to Dear Ilango for his comments about my “EW Study” & I got the following mail …
“Hi..Mynac,

That is very unique EW labeling... I am laughing...light heartedly……..”

There after, no need to tell, I have never tried, & will never try unnecessarily …

Nevertheless…. I am happy also because at least once I could make Dear Ilango laugh at least… light heartedly, due to my that unique EW chart 

A J said...

@Sharda Saheb
Wishing you a bullish recovery and hope to see you back with a bearish outlook on markets!

@Ilango
Project "Energy exchange" completed, Just Nifty ate 2 packets of Glucose D!

http://lh3.ggpht.com/-NHTJD6fPs0Q/TEKM6kqCwAI/AAAAAAAAAKs/hXPgfHqhe5Q/Amjad%252520Khan%252520for%252520Glucon-D.jpg

mynac said...

Dear Ilango,
Should we take 4849.50 as last hr.close ? because due to that close the last hr. pivot comes to 4851 which would be slightly relief for Bulls.:)

Smita said...

@Piyush Sharda

I am also following JNSAR apart from little things I
have started to understand in past few days .

I could not understand what you wanted to convey w.r.t
mininifty , kindly elaborate .

Anonymous said...

Absolute carnage in US markets - gap under lows coming to Nifty.

Piyush Sharda said...

@anuj joshi

thanks for ur wishes.

@smita,
jnsar as a method given to us by sir. as traders we all
have independent views of marktes. and have
independent studies.trading it successfully is imp.
so one option is to allot large cap to known method
in nifty. minifty is also quiet liquid frm retail trader
point of view.
we can allot small capital to it thru minifty. suppose
if one wants to trade waves he/she can take smaller
position in minifty and see how he fares over a period,
similarly with other studies like harmonic patterns,etc.
i hope i have clarified.

Smita said...

Thanks Piyush sharda

Post a Comment

Retracement strategy, a must for traders.

 Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...