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...
46 comments:
dena 84.6 : ZZ
@San,
Where are the triangle boundaries now for RIL fut. ?
SAn pleaase update nifty diamond and RIl triangle
@Ilango Sir
Is IV.b making a triangle?
Update :
Now ns weak below 5100.. from 5060 to now 5100
negative divergence
overbought
resistance zone hourly charts ....ideal selling time ?
Sir what is day JNSAR which includes the today's move.
@marketgyaan
5059
@marketgyaan
Daily- 5032 (21-09-2011)
@Fire
Price has broken out of the triangle in RIL. Price has to stay above 849, Next resistance at 858
@ Gorakh is that hour JNSAR or it is to be considered as
Day JNSAR only.
RIL Triangle updated: CLICK HERE
@marketgyaan
Day JNSAR 5032 (developing)
My broker is feeling like this...as he gave short in NF with SL 5125
http://t2.ftcdn.net/jpg/00/05/35/79/400_F_5357934_Odesbli5PpC3cTsfxnZwGfk4nV14uwY9.jpg
traveller negative divergence in which charts time fram and which oscilator
SAN can update nifty diamond pattern also
@joe
in both RSI(9) and slow MACD ...but very minor divergence
Prabhakar,,, all over brokers giving same 5125 levels to short...
Better to wait for break 5100,, only diff is 25 points but confirm move is imp
I see a rising wedge ( using the big flat we had in the morning
as the base ).
@brijsolution,
Yes! Simply they are giving without proper knowledge. Today there is no long call in RIL. But they are sending mesgs.. Now RIL CMP is XXXX !!!! ...Now RIL CMP is XXXX !!!!
@Prabhakar
Call givers only roar after the film is over :)
can any update has nifty formed double top or forming any bearish crab or gartley
if close above 5160 then bears will cry...(whenever)
NF 100 points done
http://www.bhagwad.com/blog/wp-content/uploads/2009/09/Trapped-Polar-Bear.png
@POWERTRADE: Correct Sir
yesterday same below 5020 closing bulls in trouble...
brij - no yesterday bulls don't hv any trouble as L3 protected marginally like last week. check the last week data the same L3 has done it's excellent part
Bye Sir and all blog mates
CBI to File Case against RIL
http://www.sharekhan.com/stock-market/news/CBI-may-file-case-against-RIL/5efb0cb1-4203-40fb-a240-6e667d3ecfec/MustKnowNews/161/News.htm?utm_source=twitterfeed&utm_medium=twitter
see this move,,, don't short
my terminal not allow for trade IVRCl
friends now final 5150 today
@ilango sir can we buy here?
NF Diamond updated: CLICK HERE
@ Seniors
May I ask something here.
My broker insists that I trade only through him.
ie. he says trade what you want but over the phone.
Does the agent get paid more if I trade on his terminal.
SBI has given a channel breakout. May continue this up move for some time. price is closing above 20 day moving average.
http://marketgyaan.files.wordpress.com/2011/09/sbin_sep-151-hour.png
http://marketgyaan.files.wordpress.com/2011/09/sbin_weekly_15-09-2011.png
This was posted on 15th Sept on the blog.....
@yash and dhan
just check if he is into dabba trading
brijsolution said...
friends now final 5150 today
September 20, 2011 3:07 PM
made high 5146... bye
Nifty EW trend lines...target 5196 for Wave 3...CLICK HERE
@yash and dhan & nath,
how wud he give contract notes if he without informing the client does hid trades the dabba route
his instead of hid
Yash and Dhan
1. What brokerage you are paying.
2. Have you on line account?
3. Is he providing you contract note?
4. Which company you are trading with?
Now a days illegal trading is at its bloom
Known as dibba trading.
What they do is they pay less brokerage and charge more from you
and as its illegal you wont be able to file ITR without contract-notes
Thank you all.
Bye
EW thoughts - ( not to be used by beginner's to trade )
ASSUMING we are in Wave 4,
4.A = 4720-5170 = 450 = 7 days
4.B = 5170-4910 = 260 = 58% = 3 days
Expected 4.C = 5190 ( 61%*A ), 5360 ( A ) = 5 days
4.C.a=4910-5145=235
4.C.b=5145-5020=125 = 53%*A
4.C.c=5165 ( 62%*a ), 5255 ( a ), 5400 ( 1.62*A )
Wave 3 was 1000 points and 23 days.
Wave 4 is usually .38 of Wave 3 ( 380 points ) and same or more timeline than Wave 3.
If Wave 4 exceeds 5320 ( which is 50% of Wave 3 ), Wave 5 failure is possible.
So to me, if in 2 days we get to 5250, then 4.C and 4.A are same timeline
and 4.C covered good amount of 4.A. But Wave 4 will be short by 6 days when compared
to Wave 3. So possibility that we could meander in 4.C.c.(iv) for a long time ( 2-3 days ).
These are just my thoughts. And this could be off by a long margin too.
DONT TRADE BASED ON THESE.
Post a Comment