Compared to Jan.& Feb.11 selling, June selling has been muted so far.
Watch 21 & 35 Hour smas for strength and more weakness below 5248.
Thursday, June 23, 2011
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....
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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...
48 comments:
good morning & good day to master,seniors & friends.
I think today is the day when fast fall may come up. Nifty can touch 5160-5150.
regards,
sreyO
master ilango GOOD MORNING
Namaste Ilango Sir and all friends and seniors
have a great day
Good Morning Ilango Sir and Friends
SBI Analysis: CLICK HERE
GM All!
Agni level for today is at 5196
Nifty>Agni go LONG Else SHORT
Good morning all
Ravi
Agni level 5196 or 5296
gm sir and freinds
Good morning Ilango sir and all.
Natti,
It is 5196 only.
Check here: http://marketsmusic.blogspot.com/
Namaster Ilango Sir and JN Family
GM sir and friends.
@ Natti
What is Agni level
LV
Good Morning Sir and Warriors
Good morning Ilango Sir and all
प्रणाम गुरु देव
मित्रो को नमस्कार
आवो हम खेलते है निफ्टी गेम डाक्टर कुमार के संग
कोन बनेगा करोडपति !!!!!!!!!!!!!
Kumar sir, BN breaks 10435 spot. Shorted at 10470.
sir, BN might lead a fast fall ? Its looking weak.
Good morning Ilango Sir and friends.
Wolfe active.Target around 5230
DINESH JI ssa
Good Morning ALL
http://timesofindia.indiatimes.com/business/india-business/Is-day-trading-for-you/articleshow/8920365.cms
Good Morning Everybody!
Dear Cooldent!
I dont see anything at 10435 level, Vanquish mentioned 10420 on hourly closing basis & my view is 10300-10350 support area. In rally it will face resistance near 10550-10600. Yesterday you were fearing to short at 10550 & today having courage at 10470. My belief is, take trade close to ur stop loss due to risk reward ratio. I am enjoying trading in my shorted Bank Nifty future some yeasterday near 10550 & some day before yesterday near 10650:)
प्रिय दिनेश ऋषि जी,
आज सुबह सुबह आप क्यों मेरी बैंड बाजा रहे हैं:)
Good morning all (Namaste)!
KUmar sir. Thank you. Guess it will be ok if i short more at 10550-600
kumar sir good morning
Namaste ilango sir and friends,
Today's quote received :
Remind yourself every moment to keep ANGER - your WORST enemy, go far away............
The "RESULT" of anger is more painful than the "REASON" of anger.
will short nf for intraday 15 points on break of todays low of 5263 nf
Good article Mr. UK Raj, thanks
if anybody Wanna become full time day trader
he must know if he is perfect trader still he cant double his
money every year
Lets take if all goes well he can make 50% return PA
standard rate is 25-30%
and with return of 50% on capital of 1L how much PM one
can expect??????????
RIL, SBIN, ITC holding NIFTY.
Namaste Ilango Sir n Blogmates!!
@ UK Raj,
That article on Day Trading from Times Wealth, does not give
the true/complete picture. Very fact the article takes
views of tip givers, shows lack of depth/research.
@ Dineshji/Kumar Sir:
Question: Was always curious, in our markets would there
be higher ratio of people trading futures segment or cash
segment for day trading?
Selling pressure will get momentum below 5250 only, so it may rally 20-30 points from here upto 5285-90:)
Good Morning to All....
गुरु जनो और को मित्रो प्रणाम!
आज किस मंदिर मे जाना चाहिए!
still not closing below 5268 spot nifty on hrly basis. from last 15 hr.
orb broken on the upside
BNS
Kumar Sir will be right man to answer
I have experience of only one trading house there
Old traders trade in cash and long only trades. Youngsters
try their luck on Fut.
Even Old traders, If they get something they leave the room boasting
See in the morning I said na it will shoot up
If the stock does not move they take delivery
and leave the room (like rat runs on seeing cat)
Kumar Sir,
At what levels can short nifty and what will be SL?
Good morning sir and all :)
UK raj - tks for the article. nobody will believe unless they earn on their own in day trading. :)
DR-ji - BN long will get down around 10500/20 level or will 563 come??
@BNS
From our Ilango, DR & Kumar , daily we are getting real trading methodology.
But this article gives some out line on day trading.
good morning kumar sir & dinesh sir which softerware r u used for treading sir plz sugest
Dear DKG!
For intrday one can short between 5285-5295 with stop loss of 5320 & target will be 5250. Below 5250 real bear game will start. I shorted just now @5286:)
Dear BNS!
Mostly people trade in future:)
New Post Done.
DR-ji - trade over closed the BN :) thanks Bankmaster
long in nf at 5286 for intraday
Sis Gm
Mine SL is 475 and tgt is 475 +200 or 250 =???
for the day
below 475 Youtube Old songs
Thanks for the response @ Raj + DR ji + Kumar Sir.
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