@ S4s , u there?beautiful -WWs forming. pt 5 in play.. on both BN & NS ??
@ marketman – OMG..what’s happening here?? be frank …what is your problem with Mr. Ilango?? Hope u hv “ego” problem with him u want to prove that u r better than him and he is wrong..am I right?? OK.. done u r 100% perfect. Coolllllllllll PS : pls. take "TRANQUIL" homeopathy tablet (SBL COMPANY) morning 4 night 4 for stress free. it will control your anxiety/stress everything.. if u r under your control that's good for your family, family’s future and for our future and even “nifty future” too :)All the best for your bright future.
@ sandyThere is nothing new in attempting to short the market in between 5800-5820 because 5820 is about 38.2% of the entire fall. Again Osc's are OB.So 50 -100 point deal is there.can you help me with the time frame?
shrilooks like one for me too
Sujatha said... -----even “nifty future” too :)Hahaha ..... great... SIS.
Hourly OSc's are OB - Ding
@Julius - When Such Situation arises, my approach is to take contra Option...which can save you from big losses.. esp when JNSAR for that particular day is down and Next day JNSAR is up or vice versa... then on next day trade accordingly with the trend.. All thanks to Satheesh for this...:)
Dear Ilango,What if we close today below 5865? that will turn month into down trend and hence this rise can be utilized to sell (as month turned down). you always advise to keep larger T/F in mind.
@mastergood noonI was away and reading all comments now...just read ur one commentWhat use is it to anyone if I'm gone tomorrow?pl dont write again...god bless you. I can understand the stress some people created here on you...but no such writing. .I had see what is fear of lossing our beloved...though u are ajanabee..to all of us..but our master.thanks.
shriram ji - welcoming the "beautiful" like "aishwarya rai" :) but ofcourse she is bit less than my "daughter's beauty" hehe :)by the way any chance for NIFTY FUTURE 5801/07/18?? then fall what's your maths and charts says??sharukh - rascala "mind it" LAST WEEK NF open is 5818.50 :D
@ shriram,any target for -WWs?Thanks.
Nobody can beat her sense of humour!
@Shriram...If possible Can you pls post the chart with WW POINTS on it...I am asking this for my learning.. purpose...Thanks in ADVANCE.
Kumar Homeopathy has not a contest with Sujatha Homeopathy
Godd afternoon Ilango Sir and blog mates. I am regular visitor of this site and reading all comments. But from today I have started to ignore(not to see) the comments of controversial persons. I come here to take something(knowledge) and feel my duty to respect the blog mates and not to disturb them unnecessarily. If,ever, I have any problem with this blog, I am free to leave. BUT WHY THE ALIENS NOT UNDERSTAND.... IS SURPRISING. Sorry for intruption.
@Shriram,Could you please post points of -WW and ETA & ETP ?
Thanks ilango sir, That means this is a bounce (retracement) only. After the retracements of 6229 to 5566 (ie. 5900 to 5980 - 50% and 61.8%) again it will fall. People u have some investment need to exit few positions.
SAM - now i am "market woman" hehe my target done NF 5807 and the "baba count" starts now....1,2,3
@ MarketmanThere is difference between following text book moves and moves from experience. If you follow a method you will be fine tuning it everyday. Sometimes I may jump into a trade even though textbook rules are 75% only. Few judgement come with continuous practice.
only disadvantage of having moderation is we miss timely valuable comments of some good knowledgeable souls
@ JRJ,Part booked the long from 5687.this change in premium really helped.
5800 - 26 DMA / 5812 - 200 DMA / 5827 - 40W DMA and 5846 - 64 Dma are the important resistances.
@Ilango,Is there a possibility that Nifty moving above i 5937 in A wave down ?
@ Sujatha,What a sense of humour, very relaxing,please keep coming
so nice .... sis
Surprisingly Reliance and Ongc contributed to this gap up and now when market is moving they have turned down.
Nifty - konjam adanguuuuuu porumm endha vara kannakku mudichachu
Trade Plan Update :-Partial Book 50 points @ 5815NS(NF- 5815-5765 = 50 Pts )& Modify StopLoss to 20 Pts ( 5845NF ) for remaining.
Dear Ilango Sir & Blogmates,OI Table Update at 1:00PM, Pivot-5678, R2-5744, R3-5781, ATP-5786, VWAP-5786Fight now for 5800 Level, with the CE writers just ahead, but the PE writers on the verge of taking over, 5700 turning out to be nice support for the time being…Thanks & Regards
month trend assert itself on last day of month
It looks a nice fight going on for a good weekly reversal.5850 seems to be good resistance and possibility of correction starts.
SIS...Great.. your 5807 you got...But I think.. also possible that you will get 5818 NS today...Cheers...
Hi Marketman - Allow me to offer suggestion which may resolve this issue mutually without hurting feelings of all my learned colleagues ( you including )When you trade please post it on the blog and when you square off post the same againLet the Master and fellow colleagues analyze the trade and guide you in correct direction.This should resolve the matter once and for all and perhaps you can learn an even better way to multiply your earningsregards - Deepak
5761-5842 range for coming days.
Namaste Ilango Sir and all, Gauresh ji, blessed are your relatives as they have returned safely. In tamil there is a saying. Dharmam thalai kaakkum . Meaning your charity will protect you The charity you do has real value and it shows in such times. Sir, thanks for your sabaash :) It is long time since i have got one:)
@yash & dhancorrect! see here for point wise NIFTYhttp://postimg.org/image/6ci9qmh6p/
@Sujatha,சும்மா நிப்டிய அரட்டாம, ராமராஜன் மாதிரி ஒரு பாட்ட போடுங்க.
sasan ji - GA :) done 25728 - if not protected 25206 then fine to 24885. extreeeeeeeeeemely os level..gold at production cost now almost..so may do "pull back" ++60 to 90 dollars wht say??? then fall again?? or today or tomorow 24885 level then pull back looks like as usual saturday is "nothing but waste day for commodities" :( is my "pre KG" opinion. Jiiggs - where r u "gold (en) man"??? applied fevicol with your " maharaja chair"?? PS : all r :D :D with nifty's movement?? mm..nifty spot original face is @ 5890 level - duplicate face is @ 5850 don't forget
Finally Above WH4@5803 ↑But still below ML4@5811 ↓
Mmarketman , one simple sugesstion. Rather than yelling out to prove ilango sir wrong why dont you post your reasons and trade setups and prove that you are right - I sincerely appreciate your feelings that you cannot bear to see your fellow human beings being misguided. Is it not appropriate then for you to guide them properly and lead them to be a wealthy
Julius - if time permits "arathu pannanum" summaa "serious" irukka koodathu :) sollunga nifty kitta..rombathan ada venam vaaginadhu pathatha??satheesh - mm.. u r all brilliant /intelligent/genius hence got "sabashh" frm master. i will get only "slap" hehe
@Sujatha,Athu sari... :D
Dear Sis Sujathia : You are HAR FUN MOULA. No doubt there are many other intelligent respected members here.
Is Nifty doing just the way it did on 8th March week end? Closing at weekly highs and falling from on continuously for the next 3 to 5 weeks ?@ Ilango Sir, We are in counter trend wave as pull back for further correction in coming weeks ? Is that what EW lables says ?
Nifty Pre-Market View.Follow the prices....above "5716", week pivot, strength towards 5815 & more and weak below it.Follow...Follow....I'm not an astrologer; but I choose to follow my studies based on "inputs from various angles".This various angle is quite important.
Lord Krishna with "cow"DR-ji with "bull" :P :( sirji pls. release the knot of "bears" for sometime. tks n advance. will take the "thanks" back if u r not releasing the "knot of bears" :D PS : all don't laugh "imagine DR-ji with a bull holding it's thread" giving a pose with "sharekhan chart" hehe sirji don't mind.. just for fun
@ Sujatha,Why you expect that " you will get slap...."...and that is from master.????Not possible at all.....Teacher never slaps his students...and even if he does so...it is for the good of students....It is just like a potter man keeping his one soft hand in pot and another hand outside to beat with small wooden log patti while making a pot. Otherwise making of Pot is difficult. Slap is always for the benefit in long run.
Sujathaji with 'Lollu'
Suja Sis - Innikki yenna samme ragale...appadi ippadi nu kalaichikitte irukeenga.. :) yaariyun vidra madiri illa pola.. :D
@ Cooldent,Could you ask the "same question", you asked on 20th June.2013?Would a "pattern observer" noticed the intraday pattern of 20th June and 28th June? - a mirror image.
i know gaureshji = mm.. slap is good "market always slapping me still" :) full of wounds and scars.. no worry...my skin is like "tarpaulin sheet" PS : that's just pulling satheesh :) for fun
--> back@ all -WW intra on NS was obsved with following pts1. 57842. 57613. 57954. 57765. 5805 (ideally) this has overshot the 1-3 line nowSt. WKEMA @ 5827 & 34DEMA @ 5823 are very imp RES now for this -WW to click58 CE OI is rock solid as of now.Take ur sides with all angles covered
@ Sujatha,You must have read : post on 31st May, 2012 of my blog. "Defeat..."Take pride in your scars. Scars are medals branded on the flesh, and your enemies will be frightened by them because they are proof of your long experience of battle. Often this will lead them to seek dialogue and avoid conflict.Scars speak more loudly than the sword that caused them.
New Post Done.