It is evenly poised but the colour is Red now. I'll stay with it and make the daily adjustments till a clear trend emerges/ re-emerges in the higher T/F.
Friday, September 30, 2011
Nifty sold off from MLEma & closed way below it.
Once a trading mode is identified using EW & TT, it is a matter of fine tuning the ranges for trading everyday. It has worked quite well in this September series. Nifty has now contracted further with another smaller range of 4905 to 5030 during last week.
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...
7 comments:
Hi Sir,
I am following your blog for two years now and want to
have the excel sheet for better understanding. I asked
you earlier also but seems you were too busy helping others.
Please send me the Excel sheet this time
my id is
dhirendra.org@gmail.com
May i know how you create these fascination graphs. I believe these graphs are being creagted on Excel sheet and it is not being created by any software. Anhow great work. I can only hope to get the secret unfolded.
Great timing sir.
You spoke about the fast fall of SPY and the markets Obliged by closing near day's low.
Dhirendra, if you have been following this blog for 2 years, you would have figured out how to download the excel sheet by now. Except JNSAR, all formulae and graphs are updated daily and uploaded daily.
Anyway, click on the link named "1. JustNifty TA(03rd Oct)" just below Ilango's sir's comments at the top.
@ San,
Wasn't that quite obvious..? You find the similar "fast fall" set up developing in BN & Nifty. I have marked the same in the TA files uploaded.
Thank you, Krishna, for the "Helping Hand".
@ AshishAg,
"Disclaimer" was added few weeks ago on the advice of a Good Samaritan, Bharat, another "Helping Hand".
@ Ilango Sir - :)
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