@marina rao: can you please share some information on Octa Kilo Number.How to derive that and its importance in trading....Thanks for your time !!
NR7 day forming
Master, Can we say 5th wave start towards 8300+Regard
there r more than 50-60 numbers in TT n many more in Pre mkt alongwid 0.80% theory. Then why needed octa kilo number ? Despite all dis ,scientist of these numbers have no courage 2 give live trades. he knows every formula except live trade. jnsar traders losing big money in gap down gap up. WW followers r doing much better than sar..
@ DR Amit Agarwal Giving you some free advice on this eve of dhanteras , rather than complaining now and again , leave every thing aside look into the charts , look again .....and re look ,co-relate the strategy with EW , indicators . You will find what sir wants you to look for . There is no one rule which fits all market . If you love cricket , you know when to play which shot , you can't play one same shot in every ball , you need to adopt to the bowler etc etc . Rethink and think and think again, ask right questions !!!! Wish you all happy diwali.
@ DR Amit Agarwal "live trades" uh .. this is my experience ... 5 of the largest thuds this year were there in Master's comments before the thud happened.. and when Nifty was going down from 6000 to 5100 . it was diwali thud most of the days .. please see master's post ... it is not only live ... but saves little investors to live another day
@ITFPDYesterday was also an NR7 day
@ Hemanth, ThanX for Ur query.I liked the concept of Round numbers in Day trading after going through the post in Nifty Nirvana blog. So i made it a part of my comments.Here is the link : http://niftynirvana.blogspot.in/2012/09/round-numbers.htmlI made Round number names fancier by just naming them in Greek, nothing else.Octa Kilo is nothing but 8000 ( In Greek Octa = 8, Kilo = Thousand)Likewise Hepta Kilo Penta Cent is 7500 ( Hepta = 7, Kilo = Thousand, Penta = 5, Cent = 100)I hope i satisfiedly replied ur query.
@sonu,Not at all. Yesterday's TR was 126.25.Remember, you have to consider gaps while calculating TR
Bull flag in 5mins chart...bo above 7930??
Prabhu.. for this bo.. tgts same 8000 or 8050 ?
@marina rao: Thanks a lot for your explanation...
Amit aggrawalfollow whatever yoy like we follow ilango sir for positional andthen i trade intraday as per formula of nirwana style both are contrast the thing is how you do in market no one is loosing money so they are in this blog
@ Amit Agarwal,You said, "..... WW followers r doing much better than sar....."The you do trades on the basis of WW.....and not on the basis of SAR.One should adopt that system which suits to him and give him maxium benefit.SAR technique has never failed ....it is to protect capital and also give profit step by step slowly slowly......If you are not convenient with SAR....do not apply it ....so simple, dear.
Bye sir & friends
Nifty closes DHEMA +20 on a NR7 day.Happy longs for tomorrow. May be a 120 pointer. God bless !!!
good evening master...