@ Sonu : About Time , i will not be able to say.. but does it matter ?The moment the pattern forms & the 1-3-5 triggers, we will have to decide to ACT or LET IT GO (based on OI behaviour @ that moment).. till then its OBSV mode :-)
At 7546, -ww formation might be possible.
GA sir nd friends :)"There are two kinds of failures. Those who think and never do, and those who do and never think."Declaration - ."i infected by both" :) :D now slow recovery :PHave a great week end
GA Satheesh mam,could you please post tatmotors technicals...thanks reg,saz
Master ,TO EW eyes are 5 waves done from 7361 NS ?
dear ilango sir today last day of week and day trande is (green) up and week trande ( red up )....? mince
@ Sujatha,(1)Think...........and Do not do ....(2)Do................and do not thinkin both there is one negative....taskif one keep similarity in both the task as under(1) Think............and Do....(2) Do and .........and Thinkor(1) Do not think...........and Do not Do ......(2) Do not do .............and Do not Think.....Try this ...and find out where is infection........
This applies to Trending(Bull) market:"The reason is that a man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight." - Jesse Livermore
@ shriram ,Presently, waves are sub-dividing as shown in the chart.
@ITFPDaaj to ATR breakout or tgt le aao bhai!!!
Tks sir :)
@..RJs mother of all bullmarkets.......Now get ready for prebudget rally....:):).......Then postbudget rally.....................:):)
30min more to end days tradingcmp 755730 more needed will nifty do 7587??chhoti si aasha!!!
master aur sabhi bhaiyo aur behno ko nifty ka naya life time high mubarak ho.....
a/i 7216 7433 217 b/ii 7433 7361 -72 -33.2%c/iii 7361 7578 217 100.0% ** almost done !
@S4Si am expecting ATR break out tgt....7656...hula...la...
Alt.. label : if tracking the rise from 7132 as a 3waveB.a 7132 7504 372 -86.1%B.b 7504 7216 -288 -77.4%B.c 7216 7588 372 100.0% ** again just 16pts away !
Pls pls... rcom ko batao yaar....nifty aag baras raha hai....kuch to sharam kero rcom....
3 lac 7500 CE OI reduced within a minute
The common mistake of "Smart trader": (Who always think he/ she is right).In taking the counter trend trade, they are lulled by the market.And when the market reverses, they have no momentum or alertness or humility to accept and reverse to get back into the trending direction.Thus, they are always either "0" or "-".
@PRabhanshu....hahahahaha...kya baat hai boss..ek dum sahee bola...isko toh chullu b har paani do..abhi tak yearly highs pe hona chahiye thha..yeh "modi":fy ho gaya hai ya iska modification ho gaya hai
As of 3 PM closing BN TT turns all green. Key number as below. Closd above dhema and hhemaDev DHEMA : 15411HHEMA : 15512.BN also follow Nifty in terms of faster retracement. Last fall from 15568 took 5 days and rise from 14709 to 15576 took 4 days + change.SBIN needs to close above 2711 to be above DHEMAICICI bank needs to close above 1484 to be above DHEMA.HDFC Bank needs to close above 822 to be above DHEMA - though it looks to close above DEMA today.Net net - key BN stocks are turning up and should bring in the momentum.
Master I havebot 8000 JulyCE at38 . Kindly any advice
@ sometimesbullsometimesbear,only rally ....rally ..........whatever you name it ....!!!!!!!!!
NS 7587i rest my casenow from monday new innings start for 7645IPL khatam hua to kya huanifty to hai
still no pt5 on BN ... lets c on Monday .have a gr8 weekend everybody !
sir - a small correction "it's not a common trader" it's "ego trader" i believe either they hv 2 come out of their "position: or "to reverse"
@PRaman....Anilya 2G mein andar jaayega....Cheater mentality hai......Ullu banaoing.....Better stick to Tisco Tata Motors...Tata tele.....:):)
Namaste Ilango Sir and all, @ Saz, I have been held up in personal commitments and not able to update regularly. Whenever I find some important technical aspect I just post it here. Shall try my best to update this weekend.As of now, 70.7% retr is done considering 453-407 leg @ today's high of 440.5. Considering 467-407, 61.8% retr is at 444. Holding 429-430 (today's Low was an excellent place to have inititiated a trade) EOD approx 10DMA is a must for this move to continue. Moving above 444, it could travel upto 455 - 80% of retracement of the leg 467-407.
@Gauresh....Rally ya antirally....both sides are profitable for an SAR Trader.....:):)...Basically no bias....But rally is more preferable ....no need to waste too much time tracking long term investments....and also rally is good for all citizens in general......Positive moves are always good for a positive mind and vice versa......Avoid negativity...ego...cribbing and cynical thought groups.....::):):)The one thing I like about Ilangoji is he is a perpetually positive...like Namo...:):)
@S4S,What is the significance of 7587 NS?Thanks
@Prabhanshu,,, can you look at any alternate bearish patterns in rcom? if not then jesse qoute is for both of us..ITS JUST TAKING ITS TIME
Dear Ilango sir,From the lows of 5933 - most or all of the strong up days are from "Intraday" rallies rather than - with a strong gap up open and then a rally. From a general perception of having strong gap ups in 3rd wave this move in 3rd is quite unique. Have you seen anything like this in past 20 years ?