"Fearing a counter trend move, we let go off the current trending move".
You will not find a simpler tool to capture the trending as well as the sideways moves like the Tech.Table - It captures the strength & weakness of the price and price alone.
Make an effort to feel the "strength & weakness" of the market through the changing colours in TT and of various time frames'and simply "stay with it" as one day it will reward you big, the biggest trade of the year.
Someone asked me whether anyone has seen a dumb trader. I have seen a few. They look so dumb in front of the experts but end up making many times the experts. They are the doers...doing things slowly...knowing the great potential of the experts and they have come to believe in something simple and they remain simple. They talk very less...concentrating only on those "action times"...and "acting".
So look out for those action times...and act.
Thank you Dinesh Rishi, Bramesh & SAN - I simply opened another mail a/c...blog...and copying the htmls here.
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 ...
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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...
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Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
34 comments:
Good Morning Ilango Sir and Friends
Channel updated Nifty and Bank Nifty: CLICK HERE
Good Morning Master & Friends
Namaste Master Ilango and all friends
have a nice trading day
regards
gm master & friends
Friends today
is expiry, and lets have a contest here.
November nifty expiry guessing contest.
The rules are simple- There are only 3.
a) Just call out the series close for november
b) No wild guess. A reason is must. Everyboday must give a expected close figure and reason for that.
c) You need to do it before 2.30.
I request Dinesh Rishi sir to take judge sit.
Plz sir, you will decide and announce the final winner.
Namaste Ilango Sir and fellow bloggers.
LV
Namaste Ilango Sir and All.
Master Ilango and friends ,
GOOD Morning to all
Good Morning Sir & friends.
Volatality will be at high today.
Namaste Ilango Guruji, GM to you and to fellow followers of the blog...
GoodMorning Ilango sir and all !
Good Morning Sir and All dear friends
Have a Rocking Expiry today
Rgds,
Bramesh
Good morning Sir and all my friends
Have a good day.
Rgds
Good Morning Ilango and Everyone
sir
where do i think about shorting??
i am so confused now :(
Monthly BB bottom at 4847, 5DMA 4828,
OI suggesting 4800
I think expiry will be 4810
@jigs i think the expiry would be around 4650
there is not much short to cover .. the shorts were mostly taken yesterday or day before..
ppl would be playing for long today in hope of covering which would be done before 2:30 i feel lat hour will be a blood bath to 4650 there abouts
Namaste Ilango Sir and JN Family
@jigs,
vix range is 4630 to 4782.. as the closing was 4706 the option interest is between 4700 and 4800 and looking at the open interest it may end above 4782.
@jigs
It should be between 4580 - 4600
cause yesterday 4600ce nov added more than 1000% O/I
4700 CE OI change is 2,336,800 and Yesterday FII sold 821 cores
Expiry will be below 4600
Jigs,
My expiry is near 4700
Reason- Option writers want to win
On of my Friend had predicted expiry near 4770-4800 last week.
Reason- He did not disclose
Exp will be 4730 +/- 15 points
Good morning gurudev & friends
today will be new low...
Hi Jigs,
Nice contest bt looking at the data expiry shd be close to
4600 as the MASTER says *who r in pain will suffer more pain*
and Just to verify are the SENIORS and MASTER participating na
Goodmorning sir and all :)
Sir - Please post 8 & 13 week ema . thanks n advance.
Pichkoooooooo....so many "expiry technical experts" here :D This "little one's" opinion - If external hands are high then expiry around 4600 if internal hands are high then 4700/47/4800 around.
PS : hehe as usual "skip my post" or "read and forget" :)
IT - hi GM :) am outside
@jigs,
I feel it will be lower as it is in the interest
of the longer term shorts ( from above 5000-5300 ).
There are 16L 4700PE buyers who can be fed this
double to keep the futures value more for the shorts.
Not sure if this makes sense.
Looks like expiry will be below 4700 maybe ~4650 as
Santej suggested. But I got a feeling that option masters
will atleast pull nifty above 4700 atleast once today.
Good Morning Master and copy to All
New Post Done.
Good morning Sir and all
DR Saab,
Aapka aajka option trading recipe kya aap disclose karenge?
Its a Yaaaawwwwwn day today
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