Dear Sir,An Observation whenever nifty is in red of 70 - 80 points and at closing if it can make to -120 then next day in the morning there is a retrace of 30-40 points
@Rajvada,U Beauty !!!You spotted the waves correctly yesterday.Let the RBI do what it wants, but you were aligned on the right side. Good observation.
respected llango sir in which time frame rsi 9 is to b watch for intraday ad for daily trades pls guide thanks
@ ilango sir, shriram and seniors, closing comments please, with OI data and else
Master,Last fall from 6093 to 5962 looks wave 1 and is wave 2 folding now? or its too early to say that its wave 1 & 2...
closing likely to be above dlema
Again million $ Q... carry shorts taken at 6008 or not? If adjusted closing comes above 5991Sir, pls reply... we are missing at these kind of situations frequently these days.
There is another post done at 3.00PM.
Ilango said...EW: DOWNTA: DOWNTT: DOWN.Why not follow?There is no guarantee that each trade will be successful; Following makes you disciplined and it gets you richer "slowly & quietly".July 24, 2013 at 3:21 PM Ilango said..."5970" has given a pause as suggested;If gaps up, you'll get a "selling opportunity";If gaps down, you'll get a "Profit booking opportunity".July 24, 2013 at 3:23 PM