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...
56 comments:
Today Camarilla Breakout Day
Nifty Spot Levels to Watch H4@5855 L4@5816
with reasonable stop!
Huge OI addition in 5900 CE...experts please comment
25 basis cut may have no effect to lift the mkt.
Good Monring Guruji and Friends
Dear Ilango Sir & Blogmates,
OI Table Update at 11:00AM, Pivot-5852, S1-5834, R1-5869, ATP-5861, VWAP-5861
CE writers in a better position just before the RBI declaration…
Thanks & Regards
Namasthe ilango sir and friends,
Today's prayer :
Love – Ananda is the formless manifestation of That Almighty.
O…Lord, give me enough strength to visualize You in Love – Ananda everywhere and every time.
A false tick trade or real one?
Below "5839/5833", reached 5814.
Holding 5814/5801, a reversal attempt possible..
25 basis cut in repo
5780...below that 5700
NO CRR cut wades away the MKT....
typo err fades
Limited headroom for further Easing...RBI......totally nnegative statement.....market will act next few months totaly negative......5540 on card....
Govt has to remain committed to fiscal consolidation |....RBI
Govt has a critical role to play in pushing growth |...RBI
Competitive interest rate necessary but not sufficient to revive investments |...RBI
Competitive interest rate necessary but not sufficient to revive investments |RBI
Read this new story.....RBI to probe gold coin sales, wealth management at banks......
http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/rbi-to-probe-gold-coin-sales-wealth-management-at-banks/articleshow/19053453.cms
inflation expected to remain at current levels in FY14 |..RBI:
Bears ...All The Best......
bulls have to safeguard 5800...trend has changed from 5663...
Bye for the day.......
It will be only RED RED RED.....
5780 is there.....
Nothing will stop
DMK withdrawing support is a bigger concern for bull.
BN gone ...
5780 gone decisively.....5700 on card....now really BYE for the day
N-S
master ,
ysdays irregular flat has played out :-)
sathish seems bank nifty has broken neck line of H&S
"5725" is 80% of last rise.
Break would confirm resumption of downtrend.
Holding it, would put it back into a trading mode.
Subbu has done the right thing, surely. it may be bad for market at the moment, but is good for the economy. Govt. at the centre is not learning any lesson at all. Govt. (read Congress) uses tax payers money to spend on social programmes with clear objective of capturing vote thus fueling inflation and deliberately compromising on growth. yet it wants to get inflation reduced by expecting a rate cut done by Subbu.
It is only 11.30AM.
Lot more action is still left in the day.
Ilango said...
It is only 11.30AM.
Lot more action is still left in the day.
Which way... TT will guide..... EOD?
tanker.
dmk withdraws support to UPA.
Happy Holi!!!
UPA reduced to minority at present.
wrong trade always hurts.
@ Badri really ?
Congress calls for emergency core group meeting. --- HeadlinesToday.
What central ministers do not want to understand is that there is no quick fix for the messes it has done with the economy. it takes a long, stringent and arduous efforts to bring economy on right track, and one does not see these ministers have any such good intention!!
the real game will start below 5700................
Chidambaram short on Market :-)
i missed my opportunity:(
are their more opportunities for today sir or will nifty stay constant in the range 5740-5725?
@Ilango
BN has been leading the downtrend for several trading sessions now. Given today's steep fall, would welcome your comments...thank you
@ Cooldent
Happy Holi!!! (Red coloured though) :)
hitendra,
chiddu say, he had long and useful discussion;
so he is long, whether he is long puts or NF, :)
Gm master and all : sir intra 4 th in progress in 2tf and 5th pending??
sir
for last 2 days the Sar had triggered but u sd it could attempt a ST bounce since prices were closing above low ema. was it just the price action closing above low ema or fib table that led you to conclude for a bounce.
Chetas
ministers bet heavily in market through proxy, since they know the policy turns
New Post Done.
will there be a bounce now?
Cyprus, crr cut over, now govt at stake. now what ahead. down or up who knows. i think gap still exist at higher level. has to be filled up to go for long term downtrend. maxm upside target now at present is 5880-5900.
Ilango Sir
Will larger t/f (month) come into play?
Confirmation below 5725?
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