Thursday, March 7, 2013

Nifty Intraday Update-II



19 comments:

Nilesh Patil said...

@Sujatha Sis,
I saw many charts on weekly and monthly for bearish engulfing pattern. It may be fail also.

Thanks DR sir.

nanumirza said...

Mulla ji ki shadi nahi ho rahi thi wo mannat mangne gaye
waha unki maa kho gai mulla ji bole

"ya khuda kaisi teri khudai apni to mili nahi abba ki b gawai"

ankita said...

i am remembering now, some days ago master written that oh GOD give me patience. patience to ride the bull market.

ankita said...

that was the most beautiful words used by master.

Unknown said...

Ant: What is your age?
Elephant: My age is 5 years.
Ant: Such a young age and such a huge body.
Elephant: Tan Kee Shakti, Man Ki Shakti, Bournvita!!
Ant: Ok
Elephant: What is your age?
Ant: My age is 18 Years.
Elephant: 18 years and such a small body looks as if you are very young.
Ant: Fair and Lovely lagao aur apni umar chhupao!!

Manish said...

@ Master

It has been 4 hours of correction now.keeping above Hourly JNSAR of 5811 do you sense an upward momentum ??

Lakhbinder Singh said...

nanumirza said...

Mulla ji ki shadi nahi ho rahi thi wo mannat mangne gaye
waha unki maa kho gai mulla ji bole

"ya khuda kaisi teri khudai apni to mili nahi abba ki b gawai"

Bada laaparwah ta Mulla islea usa khuda na nahi di

Atharva said...

Good afternoon master: as usual struggling to re open long booked ; read twice pre mkt views ..still not able to get clue..any clues?? Thanking you

SJkolkata said...
This comment has been removed by the author.
SJkolkata said...
This comment has been removed by the author.
J.R.Julius said...
This comment has been removed by the author.
Sujatha said...

Nilesh ji - so finally something matched?? i hope u got clue :) if u r sure that mkt is gng to grind it's better to "sell a call' and sit tight within 2-3 days.. the calls premium will be in your pkt..what say?? 5800 call 95 to 77 now

raja - :) :)

PS : i personally posted to Nilesh..pls. other's don't mind and don't follow tks n advance

Unknown said...

yesterday doji pattern in sensex turn indecisive only above Doji more high. till then sideways move towards down.

Sanjay said...

Dear Ilango Sir & Blogmates,

OI Table Update at 1:00PM, Pivot-5835, S1-5820, R1-5856, ATP-5825, VWAP-5824

5800CE writers are back, but not aggressive enough, just in front for the day, but still way behind in Net OI…

Thanks & Regards

Kiran said...

HLEma getting flat....

Unknown said...

is it a pennant ?

Nilesh Patil said...

@Sujatha Sis,
I got many clues from your mail. Thanks once again.

Nitin Kadam said...

@Master,

Correction takes approx.7 to 10 hours( rare 4 hours).

Its your Observation & experience or calculated by any specific formula?

Please recommend any study material for such time-price relation.

If i am not wrong this is 7th hour going on.
Developing HLEMA comes @ 5808 now.

5808-20=5788.

Thanks Master.
The way you measure and predict the time - price relation is simply amazing.
Thanks a lot for valuable guidance.

Ilango said...

@ Nitin Kadam,

Just as you do for prices retracement, I did a retrace for 19 hours and got 7 to 10 hrs as 38% to 50%.

Each market takes a diff. retrace. And it can fail to hold a retrace during strongly trending phase and break down too.

Study shows an ideal scenario but the actuals in the market place teaches some valuable lessons and keep us humble.

"5804" has shown resilience thus far.

Post a Comment

Retracement strategy, a must for traders.

 Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...