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...
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ...
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Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
53 comments:
Dinesh ji,
SSA
Welcome back
☺☺
Put writers of 5400 and 5500 are more active compared to call writers...indicating more bullishness!!
Computer Posture: Are You Sitting Comfortably?
http://www.weizmann.ac.il/safety/images/Sitting_eng.gif
Parminder ji
SSA
Nifty spot...1st hour close above HEMA....long safer
this was my condition in Hospital
http://www.hceye.org/toon-katre.gif
Thanks to all the members who clarified by query which i had posted in the morning. Thanks a lot :)
dr sir good 2 see u back
WW pattern developing in BN charts
BN may dip towards 10390 to form pt 5 and then an upmove towards trgt pt6 of 10440
time near 11.45-12.00noon
cmp 10427
Nifty Spot and NF crossed morning high....long safer....
Good Morning Ilango Sir & Friends...
@ DineshRishi,
:)
Many years ago I developed spondylitis and it became acute one day that I could not sleep/ lie down/ stand...and so on for one whole night. On admission to hospital and physiotherapy for some days, I got fully recovered. That was the only time at the hospital for that ailment as subsequent precautions taken has worked well:
Stopped using pillows.
3 tel. directories kept under the monitor to raise its level.
Simple neck excercises to strengthen the neck muscles.
Life style adjustment is all that is needed.
Sir,
Treatment for LBP
is
1. Painkillers
2. Traction
3. Steroid injections in spine
4. Surgery
Im lucky I could recover from 2nd stage
Now taking precautions and adjusting my life style as you said
@DR
as being anesthesiologist...i do not advised steroid injection in spine as i saw it gives temporary relief but worsens long term prognosis after surgery also. i would also not advised painkillers regular bases as it is proved it creates nephropathies in later life. best is change in life style and PROPER physiotherapy. thanks.
Dear Ilango Sir & Blogmates,
OI Table Update at 11:00 AM, VAH : 5435, Pivot : 5421 and VWAP : 5428
Thanks & Regards
@master
can u please tell me hindalco developing low ema and 5day ema for today? thanks.
2 nd hour close below HEMA..LONG EXITED IN 6 POINTS..profit 6 points..will decide to take short
anyone here from nawaabon ke shahar se.. ie lucknow
@ anmpatel,
I have no TA file for Hindalco.
Only solution could be to download atleast 30 days data and replace the same in Nifty or any stock's TA file and find it out.
Nf shorted @ 5432..sl..20 points.....
NF ..5426 imp...
Europe likely to open in red with -0.5 to -0.8 %.
@ anmpatel,
Easiest is to get the values from icharts.
You can get high, low emas and also 5 ema.
Settings
Exponential moving average - high,5
Exponential moving average - close,5
Exponential moving average - low,5
http://www.icharts.in/charts.html
NF getting ready to take out 5441 on upmove.
Ilango a set of five completed from 5341.7 - 5425.15. Now a-b-c of which a-done, b- done
c going on?
@master
i use the same setting with chartnexus software, but it shows yesterday's value (same as icharts). it is trading below yesterday's low ema 114.5. how can we use yesterday value to trade today. any idea? thanks.
@master
can we draw an imaginaroy line for all average a/c to slop??!!
break of 5426 will take to 5421 and 5406
@ Sandy ,
5458 is 80% of 5630 to 4770 fall. The same should be considered if you presume a 5 wave structure for the 5033-5425 rise.
Other data such as FII & OI do not support such a scenario.
The other major factor is that this is a corrective rise to the 6339-4531 fall and is not the regular bull move and the nature of rise has also been choppy.
It'll continue to remain choppy till month/ week start to show "Topping out".
Until then, have only very ST views based on HH & HL or LH & LL shown in diff. T/F. Presently all T/Fs show HH & HL and the first dent would be the break of 5368 & then 5294.
NF.above 5430 will take to new high...
55ema lending supp to nifty in 5min charts
BN making a contracting triangle pattern
10480 is TL res
@anmpatel,
How to calculate 5-Low EMA.
((Today's Low - Yesterday's Low EMA)*0.333333)+Yesterday's Low EMA
You will get Today's developing Low EMA.
Nifty Spot ...5407 and 5412 imp
Ilango a set of five completed from 5341.7 - 5425.15. Now a-b-c of which a-done, b- done
c going on? -- I am just taking about the rise from 5341.7
though europe to open mild -ve but nifty not likely to come down. niftynindia be careful for shorts because of master pre market views -FIIs are buying, above day pvt, consolidating on higher side. finally the best is master charts
Ilango Probable targets for c -> 5401 / 5394 /5385
sandeep...I am doing for intraday only.....
@Kiran
thanks. calculated. developing is 113.6. thanks again. what will be formula for 5DHEMA/5DEMA?
sandeep....and TA iis based on perception and can be different....
OI for 5500 Put has increased by 6 times and call writers are unwinding....so market should not fall...strange :-(
sorry no offence to views, as we are a family pardon me
kiran ji,
please tell us how to cal today's H-ema
OI of 5500 CE ...near about 1 cr....generally 1cr OI creates big wall....so upside is capped....as of now it seems..
5-H-ema
@anmpatel.
It will be same, Just replace Low with High, Close.
Sme thing with 5300 pe....so range is 5294...5425
please read:OI for 5500 Put has increased by 6 times since morning..
bulls consolidating for final assault
Nifty spot...5407 breaks....and NF 5426...
New Post Done.
At 11:00 we close below HHema
At 12:00 close below 5Hema .
sir can we say -ve divergence playing out ? and HLema at 5400 a close below this would confirm.
still NR7 day.
Dinesh Rishi,Try,ACCUPRESSURE and SUJOK.
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