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...
60 comments:
@ilango sir,
If wave 4 is still continuing, and it is a zigzag
( 4A - 4720-5170, 4B-5170-4910, 4C-4910-5360 ), wave 3
took 23 days. So we should complete in 14 days ( 0.618 ).
We are in the 10th day now. So we have till Tuesday to
get to 5360 ( all approx ).
a-b-c done for the rise from 4930?
stockgrp ji - good afternoon :) :) code words kya?? how the beginners like me will follow you?? :P
Tuesday to
get to 5360
Say once again 5360
and all youz
http://www.theplace2.ru/archive/pic_chocolate/img/3chocolates.jpg
@Dr Sir,
5360 :( Scary picture Now
Anything can happen in Love, War and stock Market
5360
Get greedy when every one is Greekfull
stockgrp Urf Drakulla
where missing minting alone alone
.
If you guys got 5360 from my note, good luck :)
I am not even trading...
.
BTW, if wave 4 gets to 5360 ( 640 pts ), this is more than
50% of wave 3 ( 1000 pts ). That is .628 of wave 3 ( another fibo :) )
but that is not what i am reading.
GA Sujatha, DR,
DR knows its dracula :)
Yes DR, Not tradaed for a full month due to mothers hospitalization. Now back in action and minting ,,:))
-stockgrp
Wed 2:30 factor - let the show begin!
PT ,, sbi weak now.. so nifty now 4970 imp
.
had a dumb moment...have been suggesting wave 5 end at
4910 when it is above 4720 ( end of wave 3 ). OOPS...
Don't remain short is NF closes above 5013.
Daily stochastics in BUY mode.
pdd
@Brij
True may be today rally was for weak shorts .... But today there was some responsive buying as per me ... Tomorrow may throw clear picture ... As of now me short with 5066 china wall
Hitendra said...
Don't remain short is NF closes above 5013.
Daily stochastics in BUY mode.
pdd
September 14, 2011 2:34 PM
Depend on settings... mine is still negative
DR Sir,
Thanks for your help.
Its working amazingly.
Thanks a lot.
stockgrp - very sad to hear :( pls. check mail
Nilesh
:)
Ilango sir, if we close here , sud we carry longs or shorts??
brij,
yes. if close @ 5013 then positive.
do you suspect as with PT view?
pdd
yes me too short... still not cross 5005 first & last 5035
May be i am wrong but once we can get 5970-5960
Sorry sorry...
4970-4960
PCS - take my ID from Master send me testmail will send u or else post your ID here delete within 10 mints.
pcsmitpra
http://tradeinniftyonly.blogspot.com/2011/08/no-study-is-complete-without.html
Hi pcsmitpra,
please go through below link and download EW stuff.
http://www.4shared.com/dir/2940757/bf51bbc1/books.html#dir=2940757
pcsmitpra said...
Brij Sir , 5035 or 5048 SL is on closing basis or once hit?
September 14, 2011 2:47 PM
Once mkt close,,, wll make levels for tomorrow
PCS - mail sent with extra 2 bonus PDFs..break ur head..enjoyyyy :)
brij - wat a target man?? i will come to kuwait and jump from kuwait tower
brij,
sbi@ 1825/nse
No show for 2:30 :( :(
@ Bizagra,
A close above 5001-5006 is preferable. But this conservative long is based on ST Hour TA turning up. Closing above Lema as well as Pivots help.
pcsmitpra
on blog Rt top corner
EW/TECHNICAL ANALYSIS
1. JustNifty TA(14th Sep)
2. BankNifty TA(14th Sep)
3. Financial Freedom.
4. Applied Technical Analysis.
5. Elliott wave study - Made easy.
Always Start Trading with these
click Sl No 5
@ pcsmitpra,
its working fine on my pc.
@pcsmitpra...can you please forward the mail to drsarvesh_leo@yahoo.com
last minute tussle to conquer 5000.
Nifty making bull flag in 5 min chart
If close above 5005 then most probably tomorrow JNSAR will be hit.....
Sujatha said...
PCS - mail sent with extra 2 bonus PDFs..break ur head..enjoyyyy :)
Lolzzzzzzzzzzzzzzzzzzzzzzzzz
a close above 5001 is not good for Bears. Bull out of sleep and definetly in action after JNSAR 5034
............(...(`.-``'´´-.´)...)..........
..............)......--.......--....(...........
............./......(o..._...o)....\..........
.............\.........(..0..)......./..........
..........__.`.-._...'='.._.-.´.__.......
......./.......'#.'#.,.--.,.#'.#.'....\....
.......\__))..........'#'......... ((__/.....
Mr. Bear leave us alone
it seems nifty is in a hurry to touch JNSAR
Ilango,
is this definte irregular iv continuation. 5034 is reached almost today
Finally we are carrying longs???Thanks
Bears have gone in hibernation as DINESH bull is out on the
prowl.
ok hai na dinesh ji
Parminder ji
twadi Mehrbani hai
pcsmitpra said...
Sir I shorted one lot @ 5031, SL 5066. Lets see.
September 14, 2011 3:20 PM
tomorrow looks chances r more for buy trigger
BN is lagging
Bears are dancing with bulls masks.
huge battle won by bulls today...... also the picture will be more clear as iv continuation is evident and going on
@ CDG,
There is no irregular IV as:
vi.a is 4720-5169
vi.b is 5169-4911(not a new low)
vi.c may be on from 4911.
"V"th wave done is still in contention till 5070 or5117 is not crossed.
also to be noted is that Nifty closing at its day high...
Bye Ilango Sir and all blog mates
can this a,b,c of IV be divided into 5,3,5 to test and confirm the limit of c
@ pcsmitpra,
If your sell is based on "Closer to the DOWN JNSAR of 5043", then your SL for tomorrow should be tomorrow's JNSAR.
I suggested a buy during the day for conservative traders based on Hour TA reversing from the oversold region.
If tomorrow's price action is limited to either 5070 or 5117, then we can treat 5169 as the end of "iv"th.
However, such large spreads of prices can not be left "Untraded".
Low to High has almost completed a "5 sub-waves" which leave us with a challenging day ahead.
One more interesting explanation from Sir abt JNSAR trade.
thanks sir bye.
@cdg,
If zigzag, then it should be 5-3-5.
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