Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
-
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...
39 comments:
good morning,master & friends.have a nice day.
Namaste Master Ilango and all friends
have a nice successful trading day
Namaste Ilango Sir and fellow bloggers
LV
Good Morning Master & Friends
Namaste Ilango sir and all,
The Huge Falling wedge formed in Day charts -likely to breakout today!!!!
Falling wedge update Day Chart
Good Morning Ilango Sir and friends
Satheesh This falling wedge does it move in 1-2-3-4-5 or an a-b-c pattern
Good Morning Ilango Sir and Friends
Today 5035 the Laxman Rekha for Shorts will be tested
50 SMA@5055 will be the next resistance above 5035
Close above 50 SMA will be a great booster to Bulls.
Support will be at Yesterday High of 4991 after gap up and
as Sir has already pointed out support at 4958 WEMA
and 4935 DHMEA.
Rgds
Thanks a lot Bramesh for the watchout points.
Crisp & precise.
GoodMorning sir and all !
Where is SGX nifty today?
possible gap up at 5030 or more as SGXNifty
is ruling high and Asian markets are in the upbeat
Namaste Ilango Sir and JN Family
Good morning all. my opinion is to book profits around 5030-5020 because hour is in over bought zone.. we may start correction towards 50% ret
Namaste Ilango sir and all blogmates.
Have a nice successful trading day.
Thanks
Dear Brahmesh Kindly tell me where to find day-to-day FII
DII activity in detail. thanks in advance
regards
good mornig ilango sir and all friends.
Master ilango and friends,
GOOD Morning to all
Sir GM
what to look for intraday weakness?
@Parimal
http://www.nseindia.com/wap/FiiDii.html
@Brahmesh what trgt it would attempt for?
Thanks Prabhat Sir
For FII-DII cash market plz go tho this link
http://www.bseindia.com/mktlive/market_summ/categorywise_turnover.asp
One interesting stuff yesterday was contract traded in NF
total contracts traded were 377,173 WHICH is the lowest
volume traded in this series till date.
@ Bhavan,
Nifty is being resisted @ WHEma.
Hour TA is Overbought but has not given a reversal.
Price weakness would be break of day's LOw; Close below HHEma.
Presently Day being in Uptrend, the corrections may be used to buy.
5060-5085 is the immediate resistances for intraday traders.
Namaste ilango sir and friends,
Today's quote received :
How important time is..?
Look at the clock when you waste your time.
Running in it is not pin of the clock, but your life….!!!
thanks sir
Sir few stocks showing exhaustion tisco ongc RIL now sbin has to move for carrying the action further or LT and coalindia the new entrant
good morning 4 all
Good Morning Master and copy to All
Try tv.Zengatv.com on your smart fon and enjoy
CNBC on 2G connection without any interruption.
@Bramesh,
i gone through ur blog , good u r doing..
@San
i think health has been recovered, i follow ur studies too
Gm all..nifty is trending up along the upper BB boundary.
seems we will fill the gap made on sept 21.
Ilango sir- it seems our day lead indicator might today if close with good amount of green. should we close our positional longs and play intraday to avoid gap downs? on last 2-3 occasions..when nifty touched 80 or 20 the next day we had to deal with gap up/down.
Sir / Seniors
is it the time to enter shorts? with SL= day high
@ Bhavan,
Infy was identified as a stock for a reversal. If it rallies prior to results, it generally gets sold off on the result day.
Other stocks - we need to see at EOD.
ILango sir- meant, our day lead indicator might touch 80 today.
ok thanks Sir
pc
during trading hrs no TV,
Once in morning to check SGX & DOW price
and if away from system during day time than very useful
@Experts: Usually when the RSI gets limited to 20-50 levels for the 1st hour, then it may be a down day unless it gets Glucon-D from European mkts.
Anyone else observed this?
New Post Done.
Thks Very timely input
Post a Comment