Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
-
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...
58 comments:
Sir and all blogmates
Wish you all a very happy onam
DR sir, lunch is on me today
http://www.google.co.in/imgres?q=onam+sadhya+pictures&hl=en&gbv=2&tbm=isch&tbnid=FjbcsAZCbtGjFM:&imgrefurl=http://flickrhivemind.net/Tags/sadhya/Interesting&docid=oTZooJiKqfr55M&w=500&h=398&ei=RpZpTufqO-OTiAeum6zVBA&zoom=1&iact=hc&vpx=640&vpy=270&dur=601&hovh=200&hovw=252&tx=142&ty=53&page=1&tbnh=160&tbnw=218&start=0&ndsp=15&ved=1t:429,r:7,s:0&biw=1366&bih=643
Can RBI do the same?
http://www.bbc.co.uk/news/business-14743866
Good Morning Everybody!
Onam greetings to all of you! Best wishes for Health, Happiness & Prosperity.
Dear DR!
I need that so i can add some more shorts, news is out so nothing left...now market should behave on bulls-bears actual strength. I think RIL will provide the room to Nifty to see PAATAALGANGA:)
@San: Thank you.
option data suggest nifty might get momentum....
To all our "God's own country" friends....
HAPPY ONAM.
Reliance below 840 weakness will start setting in, then 50 DMA- 822
below that god knows...
yESTERDAY SOME ONE UPDATE NIFTY RISING WEDGE PATTERN CAN YOU PLS
UPDATE BREAK UP AND BREAK DOWN POINTS
gm sir & all
dr sir 5125 pooch brahe they ya bata rahe they
rahe insted of brahe
Happy onam to all blogmates!!! @CD- neer dosa with chicken gassa please :)
Happy Onam to all.
The prosperity is ultimate goal of all blogmates.
pray God for the purpose.
pd
Who is holding BANK NIFTY to go down???????????? guess
"5090" is the breakdown point for this hour from the rising wedge. It may rise by 2-3 points every hour.
ORB broken on downside & trading below pivot@5140
s1 5111, s2 5069 s3 5040.
if s3 on closing basis then weekly candle is doji.
retracements from yest high from 5169/4943 are
5116/5083/5056/5029/5009/4991/4988
pd.
God's Own Country
http://www.youtube.com/watch?v=WkaiXjQio4w
http://img1.sendscraps.com/se/049/001.gif
RC only veg lunch on onam day :)
parminder
No I am trading Nifty and wearing shorts
Good morning jnfamily
@DRSIR plz leave banknifty
@ilangosir thanks 4 wedge's info
Good morning Guru dev & friends
http://www.youtube.com/watch?v=fQzT_sArOeg&feature=related
Happy onam!!!
CD: ok veg gassi would do :)
DINESH ji SSA,
i know it boss just joking.
daily bb top 5224, close above bb top is highly bullish sign
THANKYOU SIR FOR RISING WEDGE UPDATE
Pity RIL.... still it is feeling
.
@ilango sir,
What was your reasoning for taking conservative trade at 5153 ? I had some reasons based on WHEma. Trying to learn.
Thanks
gd
Namaste Ilango Sir and JN Family.
Wish you all a Very Happy ONAM
Happy Onam
:)
.
@ilango sir,
If this is 'c' wave ( green in your chart ) from 4945 to 5169, shouldnt this be an impulse 5 wave ? I dont see a clear 1 and 2. Correct me about my observations.
Thanks
gd
Expectation of 5250 is good but for that RIL must hold above 845, either barbaad chaman ko karne ko bas ek (RIL) hi ullu kaafi hai:)
is there a falling wedge in 5 min daily chart
WAH WAH kya sher arz kiya hai.DR Saab
.
@ilango sir,
If we assume in this impulsive wave c, 4945 to 5169 is (i) of c,
then (ii) of c should end between 5030 and 5057. Does that sound right ?
Thanks
gd
Nifty thodi speed badwo
http://v18.lscache7.c.bigcache.googleapis.com/static.panoramio.com/photos/original/10819055.jpg
feeling sleepy
That is the dept of DR kumar who is formula one racer for
Nifty
No Visible signs of rise but bulls exhausted and bears in
hibernation --- kya kare kya na kare
atleast give this speed
http://farm2.static.flickr.com/1130/529742829_6529e8f29f.jpg
oh DR...come on..aap thoda bank nifty ko dheel do..toh toh giregi na nifty...
Good morning Sir and friends.
Maybe just one last hurrah for the bulls to 5150- 5180 and then big fall from monday on?
Nifty reversing yesterday's breakout: CLICK HERE
Support @ 5070 - 5088 NF
Dear Parminder!
Not now, Bank Nifty owner encroached Nifty. Secondly my system shows place of buyer-seller & some operators are accumulating Nifty from Kolkatta. God knows who they are, but FIRE may help us if he himself is not buying:)
Ilango
Is this a fast rise setup....to test yesterday's high
and WHEMA?????
@NIFTY
Please come back, you are not permitted above 5134.
OI analysis please
5100 PE OI 12% up
market will bounce?
ok lets see DR. who is buying if not u, nor Dineshji, nor me
then who is holding it.
Soni Gandhi may be buying she is back in India
rajani?
Retail traders who trade at brokers office
trade on following
Total Buy/Sell qty (presently seller more)
Avg price 5124.70 (presently current price below)
open High same = sell
open low same = buy (presently OH same)
It seems that every one wants …Daily HALWA PURI, After zooming from 4800 to 5150, now DIL MANGE MORE , means Nifty should go 4900 or 5000…..lets hope
New Post Done.
DR sir, BN तेजी से गिरावट?
.
Wave 3: 5702 to 4720 = 980
24% of 980 = 235
38% of 980 = 372
50% of 980 = 490
Wave 4: 4955 ( 24% ) to 5092 ( 38% ) to 5210 ( 50% )
Are we done with Wave 4 ? Start of Wave 5 ???
gd
@DR Sir,
Dil Jeet Liya Aapne ..... this was what i was doing when
was new to dealing room :)
New post not visible
nifty needs to hold above 5134(mid bb in 30 min) for upmove
@ Golfdude,
You did not look at it this way:
2: a: 4720 to 5065 = 345
...b: 5065 to 4943
...c: C=a x 0.618=345 x 0.618=213
Hence, c= 4943 + 213 = 5166
High made 5172
Why "c" becomes smaller than "a":
In a very oversold situation (@4720 from 5702 fall), traders aggressively move in resulting in the majority of the move happening in the 'a' wave and "c" becomes the formality.
Post a Comment