Tuesday, December 24, 2013

Nifty, after a 2nd round of mild selling @ golden ratio retrace @ 6306, logs into a "Trading mode"...


15 comments:

Hemant said...

Merry Christmas Ilango Sir and All

http://www.moonworlds.com/wp-content/uploads/2013/12/Merry-Christmas.jpg

anand said...

Dear sir
With today's move wiping off yesterday's move the clubbed candle would look like a gravestone doji on day t/f. (Opening of yesterday is near closing of today) with large upwick including high of 6318 yesterday...and small below at 6262.

That would also add to some bearish sentiment - and as you mentioned during the day- the price action has shown some weakness. Also 6306 was not captured successfully and today NS returned from 50% as well of 6415-6130 fall...
Now up to expiry volatility.. shall be interesting to see the mix effects of different time frames.
Thanks for your guidance.

Pattern Trading said...

Dear master and blog mates..

Merry Christmas :) may god bless all ..


Thanks & regards,
Pattern trading (Sam)

Prithvi Raulji said...

@ Master,

Merry Christmas

Anonymous said...

Merry X'Mas

Suraj said...

Merry Christmas to everyone

vksoni said...

Merry christmas to ilango sir and all blogmates

Pattern Trading said...
This comment has been removed by a blog administrator.
Janak said...

sanjay SGX Nifty is showing 6357 on ur website - does that mean we open at around 6350 tom? that means 6300ce writers will cover in a huge way and 6400 will be hit in no time

Janak said...

http://worldmarketliverate.blogspot.in/p/sgx-nifty-live-chart.html

I am refering to this chart - where NSE nifty is 6357 - what is that?

Sriram said...

Mr Ilango,
I am a newbie here as well as for TA. Your site appears to contain lot of useful information for novices like me. And it is also confirmed by praises from many readers. However, all these useful information appear to be everywhere in the blog and I am sure it will be a bit bewildering for many a newcomer. It will be great if you could compile all the useful information in one place, in the form of PDF. (in the form of rules, steps etc). This request is also to senior readers of this blog who have completely understood and mastered Mr Ilango's systems and methods. Anyone can just download that all important single source of reference and then start following Mr Ilango's ongoing updates with clarity. Thanks in advance. Sriram

Raghavendra said...

@ Janak,

6357 is likely the Jan futures.

Sriram said...

I was going thru the blog from the beginning .. July 2008. From July 2008 to Dec 2013 is unbelievable consistency and incredible conviction. A rare phenomenon today. Maybe there is something more to learn here than just Nifty.

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