GM ILANGO SIR & COPY TO BLOG VISITOR...SIR YESTERDAY I TOLD U A SMALL QUESTION... WATT IS THE MEANING OF SLMACD & FMACD...HOW DOES IT WORKS??? PLSS SIR EXPLAINED ME...
To All S&P gave Lehman Brothers an AAA rating a month before it collapsed. Why does anyone trust S&P's judgment now? Spain who is asking for bailout, has higher rating than India.
@master a/c to your new labels we are in b/2 or 3/i. which ever we take nifty has to correct from here to compelte 2/c or 3/ii brefor it can start 3/iii or 3/i. this view also support overbought hrly/day-5D indicator and we have strong resistance 5135-75 ahead. please help master if i am wrong. thanks.
Illango Sir,How to exit a holding position...I did analysis about my trading..I search for perfect entry,,,not on perfect exit,,,this is my 6th month trading NIFTY,,,still emotionaly trade,,,"How to improve my trading",,,thank you
@Prabhat - but u r the first "one" given bullish view on "june" my SL hit @ 4893 reversed traded some long and got down.. now no long at all only waiting for "shorting" now really worry will it touch without any correction to 52XX/54XX and all?? but watching "my mayan" hope this will help me BN should trade below 10K and sensex should 16.5K is safe BN resisting here is not good for "bears" another 2 days hovering around here also better instead it cross 5150 level
Kisi Baat Pe Hollywood Actor Tom Cruise Ki Apne Rajnikaant Se Bahas Ho GayiTom Cruise: abe rajni , Mera Ghar Itna Bada Hai Ki Usme Local Train Chalti Hai.Rajnikant: Are o Cruise, Mere Ghar Ke Kone Mein Jaake Mobile Pe Baat Karo To Roaming Charge Lagne Shuru Ho Jate Hai
@Sujatha: Yes ma'm I was the first one who hinted on bullish view for June with 5125 as target when all were bearish & its resisting there exactly as per my calculation. But as always, I am being myself where foolish acts are performed by me & I am the biggest donkey to go against my analysis. But you & master are always there to support me when I feeling low.
As per my analysis now, I feel steam is running out for nifty & I feel RBI rate cut will be a no event. I mean the rate cuts if happened too, then mkts have already factored it. So rise may not be more than 5250. Bears have got what they want, mkts at higher level to short later.
For me, close below 5005 is the first sign of bears clawing the mkt. Following this is the break of 4914. Then its all the way to 4790. If this breaks then 4550 is my tgt.
IF mkt rises too, then I do not see the horizon above 5250.
This is purely out my understanding of price clusters observed during the fall from 5600.
@Master: I have a question. Can we consider the average traded price (atp) to be a factor to identify weakness or strength? Ex: if we find out the atp of each day & start plotting it on a graph for a month, then for the current atp, if the price is greater or lesser then its previous price - then we can get a trend.
Reason as to why I consider atp: This shows us the price at which futures contracts where traded for each day & this also somewhat encompasses the volume.
43 comments:
Gm sir and all :)
Shriram - Air hostess ko garam chai pakode - pakodo .. madhlab - ..........
Prabhat - ತಾಳ ನೋವು . ಮೇಲೆಗಿ ಬಿಡಬೇಡಿ . ನೆತ್ತರು ಬಂದಿಧರೆ ಎರಡು ದಿಸಕೆ ಸ್ವಲ್ಪ ಬ್ಯುಸಿ . ಮಯನ್ ಕ್ಯಾಲೆಂಡರ್ ಗೊತ್ತ??
ಸುಮ್ಮನೆ ಅದು ಒಂದು ಲಕ್ಕ ಅಷ್ಟೇ ನನ್ನಗೆ .
don't laugh if any spelling mistake is there writing and reading is slow..but "good flow" in speaking
JNSAR UP by another 30 points!!
DRji, isliye I wished all!
@ anmpatel,
Post it in "JustNifty Group".
GM ILANGO SIR & COPY TO BLOG VISITOR...SIR YESTERDAY I TOLD U A SMALL QUESTION... WATT IS THE MEANING OF SLMACD & FMACD...HOW DOES IT WORKS??? PLSS SIR EXPLAINED ME...
@master
thank u very much.
@ subho,
http://tradeinniftyonly.blogspot.in/2009/12/technical-analysis-with-macd_05.html
To all
Elliot wave word file is posted in google group.
with kind permission of our Master Ilago ji.
thanks u all.
Dr Sir how are you feeling this morning
whats the news today market waiting for ?
Nifty doing spot jogging ..good for health.
To All
S&P gave Lehman Brothers an AAA rating a month before it collapsed. Why does anyone trust S&P's judgment now?
Spain who is asking for bailout, has higher rating than India.
Good Morning all.
@Prabhat,
ದನ್ಯವಾದಗಳು.
ಕನ್ನಡ ನೋಡಿ ಖುಷಿಯಾಯಿತು. ಮುಂದುವರಿಸಿ.
Sabhash Sushil!!
Proud to be Indian.
buggie advani
thanks bro
Im fit n fine
@master
a/c to your new labels we are in b/2 or 3/i. which ever we take nifty has to correct from here to compelte 2/c or 3/ii brefor it can start 3/iii or 3/i. this view also support overbought hrly/day-5D indicator and we have strong resistance 5135-75 ahead. please help master if i am wrong. thanks.
Illango Sir,How to exit a holding position...I did analysis about my trading..I search for perfect entry,,,not on perfect exit,,,this is my 6th month trading NIFTY,,,still emotionaly trade,,,"How to improve my trading",,,thank you
@Sujatha Ma'm: Thanks for the attempt in Kannada.
These days I am not rising my head above the ground since I will be squashed by the bulls feet.
I am hiding deep in the bunker. The Indian mkt is rising without any reason with only 1 anticipation - RBI rate cut.
AT A PARTY:
WIFE: Look at that guy drinking & dancing.
HUSBAND: Who is he?
WIFE: 10 years back he proposed to me & I rejected him
HUSBAND: Oh my God, he's still celebrating!
@Prabhat - but u r the first "one" given bullish view on "june" my SL hit @ 4893 reversed traded some long and got down.. now no long at all only waiting for "shorting" now really worry will it touch without any correction to 52XX/54XX and all?? but watching "my mayan" hope this will help me BN should trade below 10K and sensex should 16.5K is safe BN resisting here is not good for "bears" another 2 days hovering around here also better instead it cross 5150 level
@ Suresh Nifty
http://www.elliottwave.com/club/protected/pdf/1110-Moving-Averages.pdf
this may help
@ Prabhat - OK. bye take care.. PT is busy it seems hence bulls too busy :) me too busy with some unexpected guests.
Dear Ilango Sir & Blogmates,
OI Update at 11:00 AM
Thanks & Regards
Daiymat,,,thanks for the info,,,I have to become member for EW group....I already downloade the PDF...
"ENTRY"-->"HOLDING"-->"EXIT"
thinking about it "NOW"
Kisi Baat Pe Hollywood Actor Tom Cruise Ki Apne Rajnikaant Se Bahas Ho GayiTom Cruise: abe rajni , Mera Ghar Itna Bada Hai Ki Usme Local Train Chalti Hai.Rajnikant: Are o Cruise, Mere Ghar Ke Kone Mein Jaake Mobile Pe Baat Karo To Roaming Charge Lagne Shuru Ho Jate Hai
Mild weakness below 5113 & more below 5107 for "Intraday"
confused candle last hour in HA chart after yesterdays bullish candles. ?correction on the way? support for this hour is 5115.85. thanks.
Master open and low is same at 11 am
☺☺
@Sujatha: Yes ma'm I was the first one who hinted on bullish view for June with 5125 as target when all were bearish & its resisting there exactly as per my calculation.
But as always, I am being myself where foolish acts are performed by me & I am the biggest donkey to go against my analysis.
But you & master are always there to support me when I feeling low.
As per my analysis now, I feel steam is running out for nifty & I feel RBI rate cut will be a no event. I mean the rate cuts if happened too, then mkts have already factored it. So rise may not be more than 5250. Bears have got what they want, mkts at higher level to short later.
For me, close below 5005 is the first sign of bears clawing the mkt. Following this is the break of 4914. Then its all the way to 4790. If this breaks then 4550 is my tgt.
IF mkt rises too, then I do not see the horizon above 5250.
This is purely out my understanding of price clusters observed during the fall from 5600.
Master,
abc done from yesterday's high ?
Sir,
Here's a good alternative for Adsense, please try
http://www.888media.net/
@Master: I have a question. Can we consider the average traded price (atp) to be a factor to identify weakness or strength?
Ex: if we find out the atp of each day & start plotting it on a graph for a month, then for the current atp, if the price is greater or lesser then its previous price - then we can get a trend.
Reason as to why I consider atp: This shows us the price at which futures contracts where traded for each day & this also somewhat encompasses the volume.
guess nifty may rise after testing 200ma in 5min 5 day charts.currently at 5089
@ Crorepathi,
Thank you.
@ Traveller,
If 5087 is held, it is a possibility for a reversal.
Goof morning Master & friends,
1-2-3-4-5 down done.good time to short after a-b-c round 5107-10.
@ Prabhat,
Use "atp" for intraday trading.
For positional trading/ trend identification, we have many other studies. Why "invent" now?
You have so many opinions and this will take you away from the "NOW".
Shift your goal post from
I was the first one to say....she was the first one to say
TO
Completing a trade.
कूल दन्त
did u clapped your hands?
SS on 60 mint is rocking :D
A minor 5 wave fall is in place from 5128 to 5096.
80% @ 5121.
If it is a small zigzag correction, it could find resistance around 5116 and fall towards 5084.
Beyond 5079-84, it would be deeper correction.
Beyond 5121-28, uptrend continues.
"Intraday view".
@Master: Thanks. I will correct. When you say deeper corrections with the break of ~5080, to what extent/levels does it mean?
"a" is done, 'b' may be on. Wating for 'c' to be done around Master's 5016.
@ Prabhat,
Below 5084, 5060 and below 5060 to 5040 or lower.
This is for "Intraday trade" only.
Counter trend move. Hence SL for them should be strict. No wishy washy & holding on.
New Post Done.
Ilango Pls update hourly data
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