Why call the ones who keep losing as "retail traders/ investors"; they are just "Retards".Those who follow market diligently don't have to worry about FIIs or any other Goliaths..
I come from a "Retail community" and they are good at judging all kinds of markets and have consistent records; they won't waste a day if business turns bad.This retail tag is wrongly compared; henceforth, use just "Retards".
So true.. i was one of those Retail Retards :-( who now after being in this school for over 3 years and more turned to a market follower.. :-) ..Credit goes to Mr Ilango....RegardsPrakash..
The No:1 Retailer in India is "Kishore Biyani"; those who followed him, won....won big time.
Prabhat said...If one sees, 6100 call is steadily adding on to OI. Slowly the bears moved the cap from 6400 to 6300 to 6200 & now 6100. this happen due to market fell its not that market fall because of thisthese data are always future lookingoption writers are not kings alwaysi agree they are equipped to roll there strikes based on market move quicklyagain i say these data are always future lookingjust follow the price
Yes Sir, Other thing is if those "retards" are not in market then how will technical traders like us here will see profit. After all someone's gain is other's loss in market.
@Anonymous: Yes, I agree with you. I always said before that OI data are not confirmation, but they definately are indicators which are very volatile. Anyways, not sure if mkt is taking support of resisting every rise... only confirmation can come during the last hour of the trade as to how mkt wants to move. Looks like bulls might have given up for Jan series since expiry is just day after.
namasthe to all market followers....your all analysis is excellent
All traders come & raise our voice against FII trading. This is why retail traders are making losses . http://goo.gl/lTgt3f
6100 is Daily Lower Bollinger Band for today. So a big support also.
is it still in the zone of "sell on rises" or " taken support for day"?
So now a panic low has been made & with hourly oversold & with daily lower bollinger band nearby it is time to be cautious with short.
@Master: Thanks for pointing out on Kishore Biyani. So his venture "Future Consumer Enterprise" - is it a stock listed on BSE/NSE or a Mutual fund? http://www.moneycontrol.com/india/stockpricequote/financeinvestments/futureconsumerenterprise/FVI
Ilangoji, the following may not be of importance to 'technicals', but since you mentioned about Mr.KishoreBiyani, may be of some interest. [or you might have already read] BusinessToday January 2009 edition [http://businesstoday.intoday.in/story/the-best-advice-i-ever-got/9/3575.html]Kishore Biyani, 47CEO, Future GroupJust watching Saravana Store“Some of the best advice I ever received was unspoken. I never had mentors who would advise… I got it from books and plain observation. Probably the most breakthrough and decisive ‘advice’ came from watching a store in Chennai’s Ranganathan Street sometime in 2000, when we were working for an idea of starting a retail chain that would sell almost every merchandise that an Indian household consumes and offer them at a discounted price”. The consultants would tell Biyani to study hypermarkets in the US and Europe, but Biyani who had not been abroad much couldn’t relate. “Local businessmen would say it will not work here. That’s when I came across Saravana Store… I noticed hordes of people walking in through the day. The store had five floors and a basement. To many, it may be a shopper’s nightmare, but lot of customers just loved it. Saravana served as a template to build upon the idea of Big Bazaar. We developed a model that could be replicated and turned into a pan-Indian chain. Some of the best advice for Big Bazaar has often come from just watching customers and how they behave.”—As told to Anusha Subramanian
Master, this fall wave ii had which type of correction? Is it zigzag type or some other?
dear all once observe the todays nifty graph it is similar to recent trend graph ........
@ raghavendra,Your observation regarding relationship between JNSAR & J10SAR holds true on hrly data also? Please enlighten.
prabhat the right one ishttp://www.moneycontrol.com/india/stockpricequote/retail/futureretail/PR03with 2k cr mrkt cp... now struggling for FDI
For all 'random' traders-----Never mistake activity for achievement. - John Wooden
i am a breakout trader! so waiting
Dear Ilango Sir & Blogmates,OI Table Update at 1:00PM, Pivot-6167, S1-6124, S2-6099, VWAP-6132Increase in Repo Rate by 25 bps to 8%, saw the index reverse all its gain to be in negative, with the 6100-6200CE writers aggressively adding on, Sell on rise till VWAP at 6174 is not taken out…Thanks & Regards
@ Share & Be Sure,I trade only on Day time frame and my observations on JNSAR and J10SAR are only on this. Haven't kept a check on the hr time frame for similar observations.
Thank you, Raghavendra.
Dear Ilango Sir,If you have time, can you please review HCL Tech. Would appreciate your views To me it looks like it did a wave down from 1459-1401, then an irregular correction 1430-1397-1429 and then into downmove again with possible targets of 1379-1339
G.Afty Master & JN Family,Have a gr8 trading day !
Contracting triangle in 5 minutes in the making? For entire day range as height?
See how congress fooling people... by fake robotic tweets... for rahul gandhi.. image making... 500 CRORE ...they are spending... here?https://pbs.twimg.com/media/BfDRrFDCAAEJ6YL.jpg
2nd & 4th waves do test patience !
New Post Done.
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