Friday, February 25, 2011
Nifty PreMarket View.
Trading above the pivot,5310, Nifty may attempt the two crucial Emas for the day...WLEma @ 5347 and DLEma @ 5363. Failure to reach even these would reveal the bearishness. Breaching "5413" would negate the impulsing down move and will keep the index in the corrective upmove(as in a 4th or "b" wave as suggested by Piyush Sharda yesterday).
Elliot's Impulse waves.(Part-5)
IMPULSE WAVES :- The Basics Waves that move the market in the direction of its main trend either up or down are called Impulse waves. 1....
-
5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ... -
I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
37 comments:
GOOD MORNING,MASTER & FRIENDS
Good Morning Ilango sir, San and Friends.
Good Morning Ilango sir, San and Friends.
Good Morning Ilango Sir, and Masters.
Good morning friends, if at all there is going to be a budget rally, if better show its colours today, as they markets pre empt events.Yesterdays sell off was on ALL TIME HIGH VOLUMES, i guess that will keep the bears alive & kicking!
gm sir and freinds
jaijinendra prashantbhai
Good morning Mr.Prasantshah
Can we buy above the expiry hawala 5263? Please reply
GM Ilango sir and Friends
good morn sir and all friends:)
jai jinedra jay bhai:)
arvind broo u can buy above march close rate
i mean above 5279.40 u can buy --arvind broo
March Hawala is 5279.40
Thanks Prashanth bhai
Prashantbhai su laageche budget raaly aawse? I have news of 5500 next friday
thank u sir for confirmation of my view
ORG : 5325-5284
Good Morning Sir and Warriors
JSK Prashant bhai
Good Morning ilango sir and friends,
Today's Quote received :
It is not important what we get,
rather it is how we use that what we get,
and that makes the difference in life.
Worrying does not take away tomorrow's Troubles...
it takes away today's Peace.
good morning all
ORB broke on downside :)
friends aar vee 's very nice post for pre budget idea
http://aar-vee.blogspot.com/2011/02/interesting-charts-reviewed.html
another one
http://aar-vee.blogspot.com/2011/02/break-down.html
NIFTY TRYING TO RECOVER YESTERDAYS LOSS BUT LOOKING MAY ITS NOT EASY
Guys market is going down in this fifth wave, going short would be the best option.
Sir ,
If Nifty and Banknifty Is not able to hold above 5370 - 5400
and banking 10600-10900 then macd monthly will trigger in sell.
@ Suresh
YOU ARE RIGHT GO AHEAD WITH SL
SELLING 5500 CALL FOR A WEEK LOOKS PROFITABLE
NEED ADVICE
@Indian Trader ...
Wait for the Budget day -- 5370 - 5410 are the resistance you may short there
THANKS POWERTRADE
Ilango sir, I took a short on Nifty at 5505 on Tuesday but came out the same day coz I feared the last 2 days of expiry would be volatile so I sat it out. Now I realize I missed a massive downmove. Can I take a short now or should I just wait for the next Aggressive/Conservative/JNSAR buy.
Dear Ilango Sir,
This surely looks like B of IV. If we don't make an irregular flat, we should be heading to 5650/5700 level, before C of IV brings us down to 5000 or lower.
Gm Illango sir & all.
Guaresh bhai Silver ma majoo aayo
500 point book kida ki nahi?
AAje Crude no diwas che
Update karis Short mate tayyar rojo
@ Krishna,
Once you miss an opportune trade, it becomes difficult to enter inbetween with many conflicting possibilities emerging as well as "SAR level becoming far away" from the new entry.
Trend is clear now. It has closed below the Low emas.
Sell closer to the low ema and manage it with a small SL.
You have to believe in JNSAR and willing to manage it with a small SL to capture the big moves.
Today's aggressive sell @ 5325 has already given a 60+ points and got confirmed with an ORB sell.
NEW POST DONE.
@ Krishna,
never try to board a running train as our friend Dinesh Rishi says wait for the next signal.
Post a Comment