Thursday, April 17, 2014

Please cast your vote today.

Larger part of voting today. Bangalore goes to polls to choose the leader.
Pause a moment and cast your vote after a brief deliberation within yourself.
Each of your vote goes to make the collective choice...the right choice.
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Week in uptrend but overbought and susceptible to a pause..
Day in downtrend, midway, has stopped at 20 dsma.
Hour near oversold zone near a critical 6650.
Latest signals have been sell on rise; accordingly, the last rise retrace comes to 6707-17.
I have removed the ST EW labels since it resembles more like abc-x-abc..., a tough nut to crack.
Trade light during corrective phase...trade right using the resistances and supports calculated for the day.
Tue: produced a perfect entry for sell on rise at DHEma+20.
Wed: midway, unable to rise higher, broke down at 6728 & reached below the support-6672.
Thu: OS, holding 6660, a bounce is likely towards 6717/28-HrJnsar/21 Hrsma & then a fall..unless market has other ideas which could be managed with 80%-6732+

23 comments:

Capgainers said...

Gm Sir and friends. .
I am already in queue :-)

Bhushan said...

Good Morning Gurudev and friends
Done it

Eess baar Modi sarkar

Guru Krish (Trading Nirvana) said...

Good Morning Master and Friends...Have a great day ahead!!

Me waiting for 24th to vote!! :)

POWERTRADE said...

Good Morning sir and warriors

Unknown said...

good morning master & all my friend......................

Parminder said...

Master ilango and friends,
Good morning to all
Regards

DNSHUKLA said...

Good Mng Sir and Friends.

Muthu said...

Voted for AAP to break the corporate politician nexus...

Vote Bangalore Vote

amber said...

Guru ji charan vandan and everyone good morning

raghava said...

JAI GURUDEVA,

BLESS ME MASTER.

Unknown said...

Suprabhatam to Sir and friends.

SANPOT said...

Good Morning Ilango Sir and friends.

Prakash said...

gudmoring master and all frnds

Unknown said...

Good Morning Sir & JN Family

Unknown said...

Good Morning Sir and Blog Mates

veerasamy

Kiran said...

News from Pune on Twitter : "It is confirmed. Voting at few places in PUNE halted. All votes were going to Cong. A friend was asked to come back after an hour"

Prithvi Raulji said...

@Kiran,

Who looked in to ballot box that going CONG.or BJP??

Crorepathi said...

There was always a doubt about EVM's the proposed solution of paper trial was not implemented. How pathetic!
EVM pune

shriram said...

GM Master & JN Family,

Talking purely for self: Self-SWOT + ARJUN FOCUS is a must to achieve something in life.

For trade success: Basics of TA can be learnt easy, plenty of literature available, but ...

the REAL ART , the AWARENESS OF SELF & REMOVING MIND NOISE DURING EXECUTION, is learnt on Saturdays :-)

Have a gr8 trading day !

NEVER GIVE UP said...

Good Morning Sir & All Friends.

SKS said...

@ Shriram

Did u get the file??

Sriram

FNO HOUSE said...

dear ilango sir now below 6672 than 6619...next suport...?

Ilango said...

New Post Done.

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