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...
88 comments:
I'm repeating one last time:
Do not post "Calls";
Do not post your "winnings".
My expiry guess 5268....
Its a result of a particular method..you are takling it as personal win then its a difference....
Its not my advertise but systematic trading....you are doing it on JNSAR..someone might doing it on different...
One should /must give start point and ending point of trade...is it not fair????
@ NIFTYNINDIA
Start your own blog
ns: can v c 5234 and then 5200
its like a reminder for those who follow that trade ..thats all ...nothing more in that...(to give "winnings"....one must be open minded to all COMENTS/REACTIONS
a small bullsih WW pattern developing
ns may trgt 5271 soon
cant tell time as yahoo charts are not working
can any1 plz guide me how to paste charts from Google on paint??
thx in advance
High volume same as near 527x. Is that indicating the stop of fall?
@ Amol S harma....dont know technicalities.....its not my job I think
@ NIFTYINDIA,
You are in direct conflict with my studies and all that I believe in.
You are on a mission to "handicap" our readers.
Hold back.
I want my readers to "Start to believe in their studies....in their observations....and after believing, act on them".
Goodmorning Master And friends
Dear Friend ,I find a easy way for calculating SAR for Nifty Future...first find JNSAR & than Add (premium & discount of NF) ..so yesterday premium/discount is +8.8 & Jnsar value is 5377) if i add it will become 5377+9 =5386...if I'm wrong pls let me know...
Seniors Pls help... is there any free real time quotes for amibroker???
@NIFTYINDIA...tgt done...tgt done...it reminds me of the world cap cricket match at Sharjah where Javed Miandad the Pakistani batsman danced on the pitch when he got irritated by Kiran More's( Indian wicket keeper) frequent appeals...how's that...how's that...and hit a six on the next ball.
Facing net problem.
@ niftyindia ,we are not here to read ur live commentry on market..plz stop this...
@Stock4sure ,
Open the chart you want to paste. There is a "prtSc" button , press that . Whole screen will be copied , and then go to paint and paste . You can then crop the image to get just the chart.
@niftynindia
if the blog owner has problems with ur postings dont u think its better idea to not do it or do in someway which is agreeable to him.
imagine if u run a blog and someone does what u dont like..
NIFTYINDIA
when in Rome, do as the Romans do ...
8EMA below 13EMA on daily charts for the first time after a long time, Indicating a bear run now.
Unless nifty closes at or above 5285 now 8EMA will not be above 13EMA.
@ NIFTY INDIA
Its Request you to start your own blog & do what you want . This is MASTER place & he warn you before three time . so start your own blog , because direct calls not allow here only suggestion are welcome, let allow new comers learn from MASTER ,
pl request every body to cool down n remain focused when aim is same is of peace n to get rich slowly
Morning everyone !
So, with no surprises, ilango ji's warning of sub dividing 5th has come true :-)))
Though technicals can be goofed on expiry, let me stick on to being systematic
Dev. DloEMA -CMP = 45 pts , is indicating that we are nearing Day Low... wud be more comfy somwhere near 5240 to say with 68% confidence @ 1Std Dev
Supports : 5241 / 5217
Res: Anythign above & incl 5300 !! ;-)
Enjoy this expiry !
cheers
@niftyindia,
hum bahut khush hai please shanti se jiyo or jine do.
thanks.
Good Morning Ilango Sir and Blogmates.
My expiry guess is 5269 34Dsma.
thanks,
@NIFTY INDIA
When somany objects It is better to STOP your posts
@all
jab aap mujje tolerate kar lete hain, toh mujje vishwass hai aap kissi ko bhi tolerate kar sakten hai.apart from joking v r not kids..everyone is different in this world, try to take good points of him/her and avoid wrong ones.agar sab ek hi sur mai bolenge toh kya majja...
thanks smita
got it now
trgts 5271 near 10.50
Dear Suresh Nifty,
You may observe that NF JNSAR as you think so,nevertheless one observation is there that all (Hrly.D,W,M)spot figers i.e. Hema,Ema,Lema shows in TA file used to work for even NF price.
Ilango Sir
Below 5263 the gap fill level is 5215.. But you are considering the high before the gap up.. Please let me know how you are considering the same..Thanks
Sir.. I meant the 5246 you have mentioned..
There are readers who have matured, consistent and shown their capabilities to "lead".
Only those are permitted to contribute in the larger interests of the readers.
Learners are encouraged to voice their doubts as well as their perceptions of understanding a study. We guide them in taking the baby steps.
I don't judge anyone. And I definitely don't need judges.
Humility is a virtue. But I'll never allow it to weaken me.
Do not ever test my patience.
Nice to a point. Murderous beyond it.
@NIFTYDIA, Guests are allowed but guests who do not follow ground rules are not allowed anywhere in the world.
If you do not obey, probably Ilango sir will have to think of other options like making this blog invitation only.
Dear NIFTYNINDIA as I said pls stay calm. Take deep breaths, observe ur breath calmly.
Once u do that then go back to earlier blog posts randomly right upto 2008 and browse through them. Then u will get the basic fabric and substance of this blog.
I am sure everything will fall in place after that. Pls do not take offense and have a nice day...:):):)
why this kolaberi di 5259, below 5300 no way OI data, all fail.
I ALWAYS SAVE MASTERS POSTIVE NOTES PL READ N RELAX In the earlier days, there was an interesting technique for catching monkeys. A huge jar with a narrow neck was used. Nuts/bananas were dropped into a narrow necked jar, in the presence of a monkey. A monkey trying to grab the bananas from the jar get caught, because its fist is clutching the bananas, would get stuck in the narrow necked jar.
Only if it dropped the nuts, would its hands be free and easy to remove from the jar. But the monkeys were too attached to drop the nuts and free themselves; hence, they were caught. Are we also attached like this?
Can we experience a sense of wonderment when we see difficult people creating their own world of hell? The experience of wonderment relaxes one’s being. First change has to happen within us, only then we can motivate others.
‘If you feel good, you will experience that the world is right.
But ignorant people feel that only if the world is right would they feel good.’
Insecurity is a change. Change is God’s Method of presenting us a surprise.
Attachment means... without "this" happening, I refuse to be happy. Let go..
this is the truth igoe leads to fail.
My expiry guess 5295.
Resistence:
5Wema,Dlema,Todays Pivot comes around 5296-5310.
Support:
5Wlema,S1 around 5265. SS Hrl. in oversold below 20 for 2 days.
Dear parimalji i booked profits partly mechanically because of 100 points so according to you better place for booking some profits should be 5246-61 gap area ? and the resell area should be 5290-310 resistance levels as stated by sir? which also coincides with dlema at 5304 many thanks
5271 ns
yahoo also started
Only OI data pointed to the vulnerability of 5300 with a huge writing in both 5300 & 5200CE yesterday. - The tipping point.
That is objective analysis. It never fails.
Only support & resistances work fairly well.
Proven time and again. The most objective analysis.
Non-believers are like the "ones pretending to sleep". You can never wake them up.
Dear sir,
was there an ed on hour chart near the low?
Dear NIFTYNINDIA please do as dear Sir has told you it will be in th ebest interest o f this blog may i have your email id please i want to mail you and learn about your system its not their in ur blog profile. many thanks
Expiry guess 5273.90 (July Exp + Diff of June Exp and May Exp)
@ Niftyindia
U can discuss this later on through mail Why destroy harmony here on a expiry day
"Nice to a point. Murderous beyond it."
LOLROTF
@Ilango sir,
.................Humility is a virtue. But I'll never allow it to weaken me.
Thanks Ilango sir for teaching "The Truth". I wish I had such teachings in my early days. I pray to Almighty to wish you come out with such "Beautiful Teachings" for years to come.
Dear Ilango Sir & Blogmates,
OI Table Update at 11:00 AM, VAL: 5297, Pivot : 5313, S1 : 5276, S2 : 5256 and VWAP : 5270
5300CE Writers on a rampage with addition of 50 lacs within the first 2 hrs of trade, A close above 5300 looks impossible right now...
Thanks & Regards
NIFTY Chart Analysis: CLICK HERE
Kumar Sir
Pranaam
http://www.youtube.com/watch?v=Mr56djq-Lvk&feature=related
There is a critical filter between
What we see
&
What we think.
That is....
our opinions/ pre-conceived notions.
They colour our observations and lead to prejudiced conclusions.
In a world filled with people who are judgement-inclined, to have a neutral filter is a "tough proposition".
What I attempt here is one such "Objective approach" and make sincere efforts to teach you such a one.
This is definitely not your "play ground" or "Show off stage".
I'm well aware that I did not invent/ discover these tools - EW/TA/OI, etc. But where my strength lies is in "application with a vigour & enthusiasm unmatched. The fire that burns within me will scorch the egotistic entrants but warm the hearts of the sincere and serious minded.
I was walking alone. Would prefer it that way. You joined me. I'm enjoying the company of the pure-hearted.... So many here. Don't spoil our journey.
I just won't hesitate to "throw" you off.
Mind it.
@ Master
Last Re entry trade worked great as a study suggestion under MASTER guidance ,, lets continue this journey under this my Rich DAD :)
Ilango ji,
5waves done sir @ 5255 ??
@ shriram,
Breach of 5289.10 would be a feeble conf. of a 5 wave completion from 5449.
@Sudarshan Ji
Data feeder for Ami
http://www.stocklive.in/index.htm
good morning ilango sir & blogmates
reposting.......
how we get support & resistence with open interest table.
highest open interest is the basic OR
long buildup (Rise Rise)in put & call.
with thanks
Thanks Hemant sir
The wisdom from Master in his comment made at 11.05 am are real masterpieces. This shows the depth he has, not only in trading strategy, but also as a matured human being and practical person. I feel previlaged to be here, most of the time silently reading all the comments by Master. Thank you sir.
@Ilango,
If 5241 doesn't hold then is it a signal that the bigger "C" of ABC has completed and this fall is a bigning of a new Downwards journey...
@ marketrider,
Highest OI need not be the support or resistance.
The changes that happen everyday shows you the "direction" the big players take.
Fine tuning the support/ resistances with price clusters is the only way. Use OI data for direction.
@ilango sir
thanks again
@ CDG,
The support line extended by connecting 4770-5033 comes @ 5191-5205 zone. Depending on today's close, it will be known whether that will be tested tomorrow. If not tomorrow, it will be tested next week.
If that line holds, another attempt to take the market higher will unfold. It could be a truncated high.
If that line breaks, then 5116-80% comes into play.
If that breaks, Major trendline connecting 2008 lows & subsequent lows comes around 4950-75 zone.
can we draw trendline in google fin chart?
Hammer is formed in half hour chart at day low... ... sir if wave 5 is finished then till where we can expect this crrection to go ..
@ Ilangoji
Kyun dara rahe ho sir?
Kahan 5116 aur 4950
tks ilango ji :-)
a bearish WW pattern developing in ns charts
ns may move up abv 5380-84 and then may dip near 5268 near 12,30noon
Hemant
can you plz ping me on gmail
@ Theory and Practical on Nifty ,
Channels would guide you.
JNSAR would accompany you.
No need to be afraid at all.
If the market is on the way down, all signals that we follow will also point down.
And if the market is going to go higher, the signals too will emerge and we "just" need to "follow" them.
Good Morning Ilango and All!
Expiry guess
There can be effort to close it above WLEMA ,
Close can be somewhere between current WLEMA & WEMA .
##~~5280.
Thanks Sir
Good Morning ILango sir & everyone!
Dear D R ji,
Pranaam sir ji...Thank you so much for lovely song.
Dear NIFTY INDIA!
Thank you so much for accepting request of Theory and Practical on Nifty. I hope you will enjoy expiry now urself too.
Dear Jiignesh!
Once again accept my thanx & good wishes for your non-stop good work on expiry day. My expiry figure is 5310, just above DLEMA.
Master ilango,
is there a +ve div on fmacd and 9rsi on hourly charts.???
Regards
Master ilango,
Love the way u TEACH and PREACH
Regards
☺☺
If 5266 holds, a sharp bounce possible, provided it breaches 5289 soon.
If not another low likely.
good afternoon all! My expiry guess, 5335 just short of 10ema of hi-lo average.
New Post Done.
12 p.m. open and high same?
Master ilango,
is there a +ve div on fmacd and 9rsi on hourly charts.??? if i understand it correct on ur TTable
Regards
GA master ,
How u concluded
If 5266 holds, a sharp bounce possible, provided it breaches 5289 soon.
what is time frame for this expectation?
@ Master
Looking at channel resistance at 5290 for this Hr is that is right place to Re entry for short or wait for 5317 earlier support also 5EMA at 5315 could be place ....
@stock4sure: This id also may suit you! predict4sure
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