What has been labelled as "abc" (Red), will change to "1,2,3.i" in case 5182 is taken out.
Tuesday, November 24, 2009
Nifty PreMarket View.
Trading range narrowed down during last week and the break out looks muted with limited upsides. Unless "5182" is not surpassed quickly, Nifty may drift lower after spending a range bound moves in 5050-5150 range..So trade light.
What has been labelled as "abc" (Red), will change to "1,2,3.i" in case 5182 is taken out.
What has been labelled as "abc" (Red), will change to "1,2,3.i" in case 5182 is taken out.
Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
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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... -
5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
10 comments:
Hi ilango,
Good Morning !!
Hi..Dinesh,
GM to you.
HI.. ILANGO..
NOW NIFTY OBR GIVE SELL SIGNAL @ 5085 SL 5102
TARGET1(S1)-5066,TARGET 2 (S2)- 5028
I am taking 5084 & 5100(5111.5) as the low & High of 1st 15-20 minutes(We need to be a bit flexible here).
So Nifty is still undecided..Bias continues to be up with many stocks to do some upsides
sr chart give green dot @ pivot 5093 for target r1 5123.
Ranjeet
Hi ilango,
I m applying RSI & Williams %R on nifty chart, what will be Time Period?
Hi..Dinesh,
5,10 period for fast indications.
12,26 period for slow indications.
You can experiment with these.Many use fibo numbers such as 3,5,8,13,21,34,55 and so on.
Dear Ilango Sir GOOD MORNING,
5,10 & 12,26 are for RSI & WILLIAMS % R or even for Stochastic & any thing else also???Pls tell me.
Sir,
For RSI & WILLIAMS IT IS TAKING SINGLE VALUE.Are this value for Fast & Slow stochastics?
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