Monday, September 5, 2011

Nifty, uptrending in the short term, bounced off the weekly pivot/J10SAR despite negative world markets.

Another occasion to prove that "uptrending market uses negative global cues to buy into" just as "downtrending market used positive global cues to sell into"(From 5702 to 4720 phase). This uptrend is in the daily totally and in week partially.

8 comments:

Nilesh Patil said...

@Ilango sir,
Pls guide me. May i know the labeling of SBIN.
Is it's corrective C over or C 5ths iv is running?

Sanjay said...

Namaste Ilango Sir & Blogmates,

Bears are BACK and ACTIVE: Option Analysis for 05-09-2011

Duplicated at Wordpress Site

Thanks & Regards,

Sanjay Kr Jaiswal

Dinesh Rishi said...
This comment has been removed by the author.
Dinesh Rishi said...

Satheesh

Visited your blog today

You are doing great work/study Man.
Keep it up Good Show.

Rule : Never try to predict market

When ever drawing pattern keep this in mind :D

Insha'Allah

In šāʾ Allāh pronounced properly in Arabic insha Allah (إن شاء الله) is an Arabic term to indicate hope for an aforementioned event to occur in the future.

One's use of Insha Allāh indicates NOT one's desire to succeed in an endeavor, but rather that the endeavor one embarks on will be within God's will, which might be interpreted as that which is best for Humanity, the Earth, and all of Allah's creation.

Dinesh Rishi said...

and a suggestion

few charts seen of 5 mint TF

Analysis should be done on EOD chart

5 mint chart is for scalpers

First decide your Trading Time Frame

Sujatha said...

@Satheesh - Nifty in Rajini style என் வழி தனி வழி = எவ்வளவு நாள்
time permits check 30 min. chart of 5 days = resistance answser_______
if opening is there then??? திருநெல்வேலி அல்வாதான் = யாருக்கு

Anonymous said...

test

Anonymous said...

Thank you Sir.
Regards,
Ranjan

Post a Comment

Retracement strategy, a must for traders.

 Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...