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...
31 comments:
Namaste Ilango Sir & Blogmates,
Bulls are on song and bears feeling the chill, OI Table has Bull written all over it: Option Analysis for 26-10-2011
Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
gm everyone.
Trading plan -
Wait and see. World cues are pointing to a huge huge opening.
Based on EW, Wave 5 targets are pointing to 5278 to 5442.
Good luck all.
Namaste Sir Ilango and all friends
a big gap up is the sure possibility today.
SGX Nifty shot up to 5450 and at this moment firly ruling a
at 5417.
best of regards
Good Morning Master and Copy to All
Master ilango and friends ,
Good Morning to all &
SSA Dinesh ji
Namaste Ilango sir and fellow bloggers
LV
What if It opens Gap up and you dont have any potion?
JNSAR was long and one should have been long if not
Rule : Never try to catch running train, wait for next opportunity
ie. JNSAR
in mean time google some fresh jokes and crack it here.
Mkt r forever
Thumb rule for Gaps : ORB
Good Morning Ilango Sir and JN Family
5341 - gap filled of the big drop in Aug 4-5
@DR well said - I missed this run but oh well. The
waves never stop.
Good morning Sir and all my seniors on this blog.
Have a great day ahead.
Dinesh Sir "Paseena main bhi baha sakta hoon aur A.C
ki aadat mujhe bhi nahi hai".
Gafla was a great recommendation loved watching it.
Hey Almighty long time not seen Marubozu
अर्जी है मेरी मर्जी है तेरी
SIR,
IF TODAY ABOVE 5340 AND STAY OVER THEN ISLAND REVERSAL
ON BULLISH SIDE PLS
Good morning and Thank you Master and Seniors for all the inputs and guidance.
@Dear DR i too sold at profit and now no position. as rightly
said, waves never stop
regards
Good Morning all
Is sustains above 5300 it would be big island reversal
:D
Yash and Dhan
Really, great movie
"Whole bear cartel joined against Harshad Mehta. The bear cartel exposed the truth behind the constant rise of this big bull.
The amusing paradox is that the even bear cartel was using same “technique” as Harshad Mehta used.
But there was a difference - Bears cartel used the money from overseas banks where as Harshad Mehta used Indian banks for his growth. And this act was “crime” as per Indian law books."
@DR is it right time to short????
Sudarshan
1.Why you want to short?
2. Right question from wrong person
(I am Adamant Bull)
and read my post(October 28, 2011 9:08 AM) for todays
trading strategy
sir,
high ans low on 26 oct as per nse 5219 and 5196.
what i recollect that at times u remove false ticks so high in tt becomes less and low more that
nse.
here tt high higher than nse and low lower.
Sir, You have told that if market breaches 5330
then we should be long & we may need to change the
EW path. Do we need to consider closing values?
NF at an unusually high premium
Namaste ilango sir and friends,
Your heart is the size of an ocean.
Go find yourself in its hidden depths…!!!
Only love, love &love…..
Only peace, peace & peace…..
And that is prosperity……
Let us decide to go deep in this New Year….!!!!
Good Morning Ilango Sir and Friends
GAP of NIFTY: CLICK HERE
1st upmove from 4728 to 5160 = 432 points
2nd upmove unfolding from 5038 + 432 = 5470.
Today's ORB?
LV
@ilango sir,
Why 5038 and not 5011 ?
@ GD,
"5038" was the end of "Contracting triangle" correction and start of the 2nd part of upmove.
If market does not fill the gap of 5230 to 5323, it is an Island reversal on larger time scale. Break out above 5450-5500 would confirm it.
New Post Done.
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