@masterred label negated?thanks.
Ilango and Modi single handedly transformed people's life!यदा यदा हि धर्मस्य ग्लानिर्भवति भारत । अभ्युत्थानमधर्मस्य तदात्मानं सृजाम्यहम् ॥४-७॥ परित्राणाय साधूनां विनाशाय च दुष्कृताम् । धर्मसंस्थापनार्थाय सम्भवामि युगे युगे ॥४-८॥
The roof itself is flying. Sait kush hua ?
@sir ,first of all salute to ur hardwork and immense knowledge on EW and technicals...just one question...what the max target u r guessing for 2day...
@JNSAR Traders....Hope u had taken this bumper trade....and stuck to it for dear life.......Ur entire FY14-!5 profit is done in one trade....:):)This is what trading is all about...:):)Hahahahahhahahhahahahahaahhahahaha
Yes STBSTB,I have one lot from 6710 NF. Biggest trade till date for me.Thank you "Sir" for this journey, very satisfying indeed.
@ all,जय हनुमान ज्ञान गुण सागर ।जै कपीस तिहुँलोक उजागर ॥God is Great.......................Have faith in Teacher who is manifesting Almighty.........All is well ................
NS below 34 sma in 2 mins?
Good Morning Gurudev and friendsCongratulations to everyone for bumper profit
2007 - got into market, made money due to beginners luck and bull market(Super excited)2008 - Saw LC, went back to hibernate and with goal of catching next circuit(Rage and Revenge)2009- was sitting out when double UC happened(Excited as was not caught wrong) 2014 - Caught UC that too with BN.(Just a feel good, calm and quite)Thanks Sir for not only teaching market but to have emotional balance.
Good morning Ilango Sir and all the Blog mates!Thank you sir for your continuous guidance.
Charts updated; New roof fixed "to scale"..
More voices pls....:):) ..For Ilangoji....:):)
Dear Ilango Sir, Only one word... Respect!
This day, since the start of this blog, has turned out to be the most satisfying day, especially "seeing so many accomplished traders" amongst us.
@ Crore : nice man, ur living up to the name :) .. 1 Q, where is the UC in 2014 ??
Ilango Sir ,A big THANK YOU . No words can express the blessed feeling am having now. Considering the 3rd wave subdivided since today morning , Can we track the 5 waves like below 1st done @ 7428 , 2nd done @ 7325 , 3rd done @ 7556 , and 4th is going on now ( or May be got over @ 7410 ) ?
If I have taught you to count numbers and alphabets to make money, all credit goes to R.N.Elliott and Robert Beckman andmost importantly, without this connection of so many enthusiastic & passionate readers and their faith in me.For this, I'm ever grateful.
U have a valuable gift Master !u spread happiness, not just know-how :-)
Thank you Ilango Sir.. i am holding 2 lots of NF from 6684 ... :)Wonderful feel of catching this whole upmove... but i traded 1/4th of my usual positional trade quantity.. anyways feeling delighted :)
Upper circuit for this qtr1. 10% @ 712 points from previous close (7835)2. 15 % @ 1068 points from previous close (8191)3. 20% @ 1424 points from previous close (8546)NK
Now for all of us who have benefited from this blog, lets not forget to pay monetary tribute to the account on the top right. Thanks Illango.
Sir,,,,,,,,,,I am one of them.............learnt too much ......for technicals as well as discipline and firm determination..........by co-relating spirituality with trading activity............
We are grateful to you master...
" Guru Dakshina" One request to all Bloggers and members , hope most of you made money , we all respect Master. Please do contribute for his selfless service( please look at the upper right had corner"Contribute to" ). Master will still give us wholehearted support as he has been doing for last 7 years even if we do not contribute .. however in this kaliyug monetary contribution is a sign of respect . Not from your pocket but from the profit ( even 5% -10%) of your profit is good . We can keep on blogging our namaskar , greetings and respect , lets put it in kind . "Guru Dakshina" to banta hi bhai " .Acche Din Aane Waley Hain . Where do you find in any blog , wherein one puts target for everyone to see ... it is sign of deep spiritual thinking and market . ..
@ Forum Login,1st and 4th can never overlap, one of the three golden rules of EW.Trailing is the only way to "protect".You could use day's low, for eg.The fact that after showing "318" for BJP & allies, the UF hasn't happened, makes one wonder whether UF is possible; hence, the suggestion to part book and "not exit entirely".
Sir - What is UF?
7400/500 CEs are not unwinding much... either the written Calls are a Hedge to main Futurz longs or writers are sure, the levels > 7400 r not gonna sustain for many days ... mmm
@ master,Finding you in this Lifetime is the biggest Gift we have got.Jai Ho,Jai Jai Ho !!!
"UF" certainly not United Front today !!!
Jai Shriram! technically 10% is UC and which was clocked by BN but I dont know why they did not close tradingyou are amit shah of Ilango :)
Respected llango sir,shriram sirThanks for guiding for each of my baby steps in the path of market trading
Sir,We are grateful to you for all the teachings,discipline and focus and not to get affected by events .No words are enough to mark your greatness !!!!!!Regards
@ crore: damn, ur makin me sound sinister :-P200 pts fall from days high, but the wave has "Decepticon" signature all over it !Holding today's Open-Low can bounce again ?
UC - upper circuit ; UF - upper freeze
On Monday had suggested, this being the highest ever rise week.Got it right this time it seems.
@Shriramthe 200 pts correction is in 3 waves form ? How your "simple" eyes see it?
what does it mean though when referred as "Upper Freeze"
sirlast leg upmove was 534 pts from 6638 to 7172so adding 534 to 7080(7078) comes near 7614may be possible trgts for intra near eod
GM Master & Blogmates.Wish all peace.
hahah.. yaar Anand : ab meri "simple" life ko, kitna mushkil banaane ki sochi hein ? ;-)fall seems hi-prob corrective ZZ , provided days LOW holds... is wot i meant.. more highs possible.Also, OTM CEs are not unwinding.. so that suggest upsides will be FLEETING, EPHEMERAL like the wind, we can feel it, sense it, enjoy its caress, but try catching it in ur hands :-)
Shriram lolz... Upper Freeze or circuit
Namaste Sir and all, Sir, thanks for ALL you have given us. Also thanks to all Blogmates for your valuable inputs. once again PRANAM.
@masterno word to say for your commitment...Dhanyawad...
Sriram Ji/ Chetna Ji: TATA Comm breakout? RCOM not breaking out, good for exit?
Tisco a 5 looks complete from 388 to 485..
Bn cmp near 15290support of 55ema in 2 min charts near 15272may bounce from here
ILLANGO SIRBANK NIFTY NEXT SUPPORT AND RESISTANCE
14950 is 55ema in 5 min charts
@leon--I think, patience holds the key
@ leon : Chetna is TELECOM Minister here :-)+WW has formed on intra candles.. 1-4 tgt is 7450-500 again , damn.. 1st time am seeing an intra-pattern with such a crazy-wide range... phew !
@Sanity returning to the market...:):)Now Modi and team need to perform...))BTW I was hedged today....(hv never discussed my trades here in deference to blog rules)...:):)The saving grace was I caught the exit poll rally...:):)
@Shriram,We are seeing so many thigns frist time ! and Master's "Satisfaction" to see "good students" is ..... Really I cannot describe.! Jai ho !
double bottom and correction done!!
@shriram ji---- aur koi nahiin mila leg pull karne ko..i am only --HOME minister!!!
@CJ,Your favorite, Flat corrections (?) with this range also look like ZZ. From 7083 till 7563, the retrace is not even 50% (at 7300)...so lets hope Shriram's Wolves go Howling ALL THE WAY to Master's Targets.
Anyone has a view on GS Goldbees ? Its trading @ the 61.8% Fibbo of prev. rise & fall is suspect 3wave ..... ??
Pranam master .. charas sparsh
@LEOn...rcom ko aane do above 130--it will shoot to 140-44 ....have patience..this ios only ADAG stock that has not participated..IT shall
here it goes
@anand..7430/40 ke upar jaane do--din mein taare nazar aayenge aaj hi
Sail has given an excellent breakout !!!
Observation :a 20 pt Bull flag in formation from 7380-7400 range, with pole from low of 7352 ?
small(???)bullish WW developing in ns and BN 2 min chartsmay form pt5 below 7340 and 15150 near 12.45pmtrgts 7400-7500trgt 15600-15700near 2.00pm
@satheesh maam, thanks. y'day i closed my positions too early. what could be likely targets u see
RCOM - Inverted HNS is forming. BO above 130, T1 132 and then 136 , SL 129 post boIDFC - Ascending triangle, BO above 126.85, tgting 127.70 and 129
New Post Done.
@anand Breakout point please and Targets for the same?Thanks for your Time
Thanks Ilango sir and to many JN friends ( Satheesh madam, STBSTB, Gauresh, Stocks4sure, Shriram, Pattern trading, ITFPD, Gauresh ) who contributed immensely to my trading journey for past 2 years.
inv HNS in RCOM?? which time frame?
@Dear Raghavendra.....Ilangoji would rightly say....It is U and U alone and the Credit goes completely to U alone.....:):)Hum tho kuch bhi nahi hai...Humaari kya aaukat hai....:):)