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...
77 comments:
RamCharan's BB squeeze alert..!!
How do you handle a "Banghead".....
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WITH
A
PATIENT-HEAD.
Thanks Ilango sir. Feels good to be acknowledged from you.
It's been the longest i have been in bed in the last two years. Enough is enough lets get back to some charts.
Thank you Sir and Friends for the prayers. I am feeling OK now.
Nifty Rounding Top: CLICK HERE
http://thepatternsite.com/roundingtop.html
ilango sir please clear one doubt suppose hourly swing value is 4870 then i should long once nifty touch 4870 or after it closes above 4870 on hourly basis.
illango sir jnsar hit,can we take longs?
ilango sir please clear one doubt suppose hourly swing value is 4870 then i should long once nifty touch 4870 or after it closes above 4870 on hourly basis.
san sir always kind with JNSAR family
http://4.bp.blogspot.com/_3DO-MiuvKW4/S1WCiRcfkTI/AAAAAAAAAkg/cKjRNrOhFPI/s320/Lord_Dhanvantari.gif
@Ilango
Could we take this cluster area as a reselling zone?
@ Rajan,
Intraday trading is mostly based on "Supports & Resistances".
Nifty supported @ 4820 is on its way to the resistances @ 4880-4905.
Hour JNSAR just adds to its confirmation.
I try to use Hour JNSAR at extreme reversal points. We are presently in a continuation phase of the downtrend.
i dont know why but my question is getting deleted again n again.
booked some for peanuts
I realized I cant bear stress so now no more "Panga"
when in doubt stay out.
And current support and resi for Nifty is @ 4800 and 5050 NF
Range is shrinking price break above resi or below support
is likely to give big move trade light till clear trend emerges.
thanks for reply sir,should i wait to take short at resistance mentioned? or start accumulating
sir,stop loss for shorts is 4910 as mentioned in premkt view.
dr sir,thanks alot for clear direction.
We are trading above DLEMA@4861 which gives indication
of downtrend in fading
Rgds
BUY only if hourly close above H.JNSAR.
PC
thanks for the Yummy Lunch
We break our fast on Ashtami
so today Fast is over Celebration time !!!!!!!!!
RAJESH MSG:
Nifty formed an island above 4880,
leaving behind a weeks trading activity for a long time to come.
As long as the gap below 4906 to 4880 is not filled it is an extremely bearish set up as an island
occurs when a trend is about to take off and in this case the gap today is to the downside. The 4720
low should soon break as both the BSE small cap and mid cap index has already broken the equivalent
low today. These broader indices are now lead indicators of where we are headed.
Dear Master and all.
for two days Nifty is in consolidation mode. perhaps no
trigger. yet one can expect a sharp move, a breakout either of the side
Nifty singing for PT and bear camp
http://www.youtube.com/watch?v=-WbsBod5RLE
4820-4795 IS AGAIN IMP ZONE.
As usual, I missed the bus yet again. I was waiting
to go Short closer to 4890. Alas the truck reversed.
BN is new low of this week.
wl nifty follow?
pdd
AJ
Nice selection
which side
glass is half empty or half full?
http://upload.wikimedia.org/wikipedia/commons/1/11/Glass-of-water.jpg
???
@DR
Short only till JNSAR is down....
and vice versa
sbiiiiiiiiiii
pddd
sbi is hero of bearsssssss.
jay ho MOODYY
PDD
Gatham Gatham
AJ
richard: u got out at right time:)
me: and shorted also
richard: dont tell me:)
me: by God
richard: balle balle karditne
it seems moody downgraded sbi. not confirmed....
+div in 5 min
@DR
I need to discuss a few things with Richard can you mail me his email id ?
@ all
Good morning
Good after noon
Moody’s downgrades SBI's standalone rating
India Infoline News Service / 13:07 , Oct 04, 2011
The revised bank rating carries a stable outlook and the hybrid rating a negative outlook.
Moody’s Investors Service reportedly downgraded State Bank of India’s (SBI's) bank financial strength rating, or standalone rating, to ‘D+’ from ‘C-’.
According to reports, the revised rating maps to a baseline credit assessment of ‘Baa3’. The hybrid debt rating of the Indian state-run lender was cut to ‘Ba3(hyb)’ from ‘Ba2(hyb)’. The revised bank rating carries a stable outlook and the hybrid rating a negative outlook.
as expected there is a downward move, ending two days consolidation
AJ
at ur service Sir
plz check mail
hello sir & all
NEW LOW OF sbi.
we may see nifty @ 4768
pdd
Cooldent,
This is the first jerk for indian mkt in respect to
global scenario.
More to follow..
pddd
The trendline connecting the lows of 4720 and 4758 is exactly reached at 4770 NS.
T Y Dinesh :)
Nifty futures 100 point journey...
Chal Ri Sajni Ab Kya Soche
http://www.youtube.com/watch?v=wtemBTjRGkU&feature=results_main&playnext=1&list=PLB0A94F358F2E0ADE
Dear Master Kindly tell us when there is an acute oversold
status. because since 30th Sept. market is constantly
moving downwards
Regards Sir
SBI hyb is reflection of Realty glooming.
4759 was recent low from where we hv seen 5035.
Moodys is really serious &
will be followed to other sectors downgrading.
no one country is cushion when whole world is bleeding.
pdd
pdd
+100 fall in SBI.
PDD
26 Aug Low 4718
Sis
Warned me in Sep,
Oct will be very bad for Bulls
rang her, her maid says she ran laughing all the way to Bank
lols
@DR Lol you r too much. :))
@Ilango
Thank you!!!!!!
Could u give your views on possible support levels?
Sir TT not updated.
yesterday after market hours DR sir had posted a link for intraday trading as per ATP and Gann sq of nine. I was trading one lot of mini with it today. Other than the big gain it gave in this fall even in the morning when market was RB it was giving few points here and there. Thanks DR sir for sharing
DR sir pls post the link once again.
Nifty has pulled down by about a hundred points. now i guess
again some consolidation will follow before it can make a move
merely 500 points difference b/w Hangsang & sensex.
-571 points.
europe lower by ard 3%.
http://pivottrading.net/pivot/pivot/gann.html
fibo retra from 4870/4728 is
4762/4782/4799.
unable to sustain above first one.
we may see 4706/4660 by tmrw.
pdd
SIR
YOUR COMMENT PLEASE.
During a "iii" wave move, less commented is safer.
Day need to show bottoming. Till then, sell on rises. Another rise is opening up.
Ram Charan said...
alert!!! bb totally squeezed in 30 min charts. quick move coming either side.
October 4, 2011 12:01 PM
Thank you so much RC
S&P broke below its August low. It therefore also broke what can be called a secondary H&S
neckline. S&P should go to 1000 in the coming leg, 10% lower. This time the US should be leading
the leg down and Europe following, it appears as downside momentum is more in US charts.
Funny news is still focussing too much on Europe where not much eventfull things may happen
soon.
rohit msg
pdd
@DR
day need to show bottoming , anothr rise is opening means
it is time to enter short?
@ cooldent
@parimal
day need to show bottoming , anothr rise is opening means
it is time to enter short?
@Ilango
TT & chart not updated after 12
Sir meant a rise is on cards from where u can short again. I dont think its for fresh shorts
ilan kaalai
Why dont you ask Master directly?
No formalities plz
@DR
thank you
1st i asked master abt JNSAR , not get any answer for entire day
,
so only
The last correction was a perfect Diametric. Not a classical EW pattern, but from NeoWave of Glen Neely.
@DR
i am hesitating , i am trying next oppurtunity,
thank you once again
whatz ur doubt regarding JNSAR?
New Post Done.
@ DR
all longtime follower can understand easily, master can explain them
easily, for me 2nd level masters can explain , am right DR sir
4782/4799 is to be watched..
Area to sell.
4718 is last support in coming days.
pdd
nanjil said...
Have tight grip with this or the max is next JNSAR trade in nifty and bank
nifty. minimum 40-50% ROC you will get. Am smelling something big.
September 30, 2011 2:27 PM
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Above comment was posted after JNSAR sell took place at 4954.
We are 200 points down.40% returns in couple of days.
Either you develop a system or follow a developed and
well tested system like JNSAR.And you must believe it.
That is the very very important part.
In any SAR trading, there is a indicator before the
big ride starts. Whipsaws will frustrate you. You
decide to stay out of the trade due to stress and when
you stay out, the big ride starts without you
participating in it.
Even in today’s trade, before making a big fall,
NF cleared day high. If you are shaken, you are out.
This is how the weak hands thrown out of the ship.
Only solution to win big - STAY!
……………………
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