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...
64 comments:
ns below 5030 may get weak again for 5017(hour 5ema)
Dear sir,
I am holding nifty long should i continue for tomorow
30 points discount in NF has come down to less then 10 points.
Hope we will get 5060 to enter shorts..
GB sir 12.35 gone.
@ arvinder,
Hold Longs with a SL of 4980 NF.
Gb pa ji..
whr i can go ignoring u..
sixth sense..ur new name:))
thanks UKR ,,,
Sir,
Tata Motors is THATHA Motors even for 50pts raise !!! Starting trouble Nano? Nice to see buying in Steel. Metals + gives good vibe.
hei GB,
you have changed the avatar, dispname, tot-change, could not make out in dark.
okok so i was off by a few mins..
hey mok
FTSE +13
FTSE +26
i think i cld have done better!
12.35 time over
wait next chance
It looks Day high will be taken out soon.. get ready guys.
SIL
Is buying back in Metals? It is not Unitec but Hindalco that has maximum volume at this point. Anil?
The falling triangle in the hourly was broken on the
upside, this may indicate short term trend reversal
Sir
Good afternoon. Can I go short for conservatives here at 5048 nifty spot?
@ Rajagopal,
Especially the steel sector was highly oversold.
Tata Steel from 701 to 437 - 38% decline..
Rallies in them will be swift.
Holding "4965", crossing 5071 could go higher.
Bulls are managing so much from 5-min +ve div.
5050-5070 is d target to form right shoulder...so far day's high 5050...lets c
http://nsetracker.blogspot.com/ yahoo chart
chart not working
Anything Hiding by operators
seniors please comment
Ilango sir, any change in 5072 as conservative s&r?/
Thanks
Finito!
"Bulls are managing so much from 5-min +ve div" I circulated the morning line among friends Sir. We can expect Heroics when the back is pushed to the wall. Real good day fight - alas...nights are robbed by the white bears.
===
In my understanding +ve move in metals establishes confidence in market and attraction of biggies.
Thank you as ever.
positive chinese export data has suddenly given a positive flip to global markets..chinese exports increased more than expected .therefore metals up on LME.....and markets too....kindly remember this week a important chinese data will be released..and important one is inflation on 11 june..if that crosses 3 % ...markets can react pretty badly too...for the moment enjoy rally in metals.
thanks
Mkt will go up.. but it needs to correct 1 last time for me
@ bizagra,
In such a complex trading scenario, one should manage the position.
I suggested - Trade the position as there was +ve div and also 4961 has held making it like a double bottom with a broadening pattern possibility having higher levels.
Buy @ the Open and either sell @ 5045 or 5065 resistances or trail this long with a SL @ 4985 -the level it is bought in the morning.
yahoo nifty charts not working
How to see the nifty levels now
seniors please comment
Okay we're ready to fall - one last upmove..
I'm off for the day - Bye all enjoy tomorrow's fall
finance.google.com
good charting as well
GB : What ever it does, it must prove you analysts wrong. Otherwise you will become GODs. Going by Mr Livermore, our levels will be doled out, but the "when" is decided by the market. One of the RARE occassions when your levels did not come immediately? but the day is still long.
Please do help us with your thoughts.
MP based trades:
VAl @ 4988. Nifty attempted to move past it for 2 hrs 15 mins.
POC: 5040: Once 4988 was decisively broken, NF moved smoothly to 5040+(5045).
VAH: 5054: Now a reaction is on around 5040(POC). Once it moves above this, 5054 is the main resistance., the high of yesterday.
BULL POWER only above 5054 firmly.
I have shorted NF 5042,is it possible to suggest SL?
sryasdmurali
http://www.niftyforum.com/?q=niftyintraday
RG - All I can say is watch "The Play"
"It is already written for us to see"
Like I said - I dont believe in supports and resistances
anymore.
I have a radical way of looking at things.
Up for a challenge to be proved wrong
Ilango sir, this time i messed up my positions.Not able to trade
(actually not good at trading positions intra).Holding shorts
with sl 5072.This is best possible now i hope.
Thanks
If I am wrong - Id be happy to learn from my mistakes
God help me! Hope i aint wrong :)
@ MOK,
Your MP intra VAH 5019NF has acted as support currently.
Below this --weak.
Biz good choice :)
GB : From your level, you need not convince anyone. I have marked a Short.
@sryasdmurali
http://www.google.com/finance?q=NSE:.NSEI
SIL
No tensions - Go for a nap ull be happy when u wake up tomm
RG - I'm off to sleep chat later :)
@ sir,
the trend line has also turned down sir,
am short in BNF at9230.
thanks.
BTST NF @5020 target 5085, SL 4995, low risk high reward trade
hey GB
i like ur confident
Gann said "God Geometrices"
Get Geometry
5148-4786=362---362 *.5= 181 --- 5148-181= 4967 :-)
Now
5148-4967=181 -- 181*.5=90.5 -- 4967+90.5=5057
So short @NS 5052~5057 with a stop of NS 5077 (yesterday high=5)
has a good risk to reward ratio. Not sure whether it'll come today
RG, today it paid both ways,
and still moves down slowly ...
where is that GB, or shall we call him NE ?
hey GB
great levels
a little bit wrong timmings only
see the markets now
yeah mok.
GB.....WINS.
+60 to +15 enough for an I/D Short.
as usual....amazing timing GB :)
GB : Wake up. I am reversing to LONG here.
BRAVO GB , my dear DATING boy
what a carnage
it seems
u got to
work a little bit on ur timmings
then not only u wud be our dearest DATING boy
but also become a TIME BOMB
what say PEOPLE
@Rajagopal
Shall I buy nifty now
@Ilango,
Could you please help / I am not able to see the charts. I want your views on current Nifty technicals. Are they strongly towards bears or Bulls.
Thanks in advance..
regards,
Ankur,..
Oh...I see that Nifty is 4981...made a new low...
The close is important...
hey shyam
nifty seems to be a falling knife now
u shudnt think of a buy
NEW POST DONE.
@ Ankhurbhatt,
Below 5100, Nifty is weak towards 4885-4925 zone.
Daily clearly down.
It is only the intraday "OS" attracts some sharp spikes so far. Till these prices make an impact on Day, week TA, down trend continues.
sir,
ur premarket channel offering support
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