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...
28 comments:
A perfect Flat completed its first or minimum target.
NS low is exactly at Day's pivot of 5069.!!!
5136-5079 = = 5127-5070
stopped at 5070
stock - one more thing 5068 Intra cam L3 exactly 5068.55 :P
oh yes, pivot, cam..flag was aiming it ..:)
But not good enough for bears.
Stockkkkk - coming by flight with a BIG BEAR this time if it breakes then 5037??? where cargo shorts will add??? u r against my little bear allow atleast for intraday. if not then after 2.40 factor upmove will start again :P :(
@ilango sir,
Appears like a flat between 5137-5070 played out today.
So we didnt finish an impulse before ?
channel support also around 5070.
@ mynac as you mentioned about the hour Pivot in the morning most of the hour closing has been below pivot!!
Sujatha said...
"u r against my little bear allow atleast for intraday. if not then after 2.40 factor upmove will start again :P :("
I will prefer this one for proper "Nifty baking",
because yet the "Bear Recipe" is not prepared so well:)
Let it allow some more time.:)
SIR,
WHERE IS YOUR VALUABLE COMMENT ?
Ilango sir, today not able to go long...where sud conservative initiate longs now??
Dear satheesh,
"AND" very much useful particularity for "day-trader" :)
The Hrly,Hema & Lema adds more advantage,while deciding
intra trade for few 10-20-30-40-50 onwards points,as per ones
temperament,requirement,and with trading style.
Nifty doing timepass now. bears need help of IT stocks.
Since morning there are just Two big volume trades,
i.e. @ 5124 & @ 5097,
earlier it fell from 5125 & at present it is resisted
around 5098.Let us see.
Now a fast fall possibility!!!
Those day traders,who have just followed the 3rd rule must be rewarded,
@Sir hrJnsar hit on sell side or do we wait for break of 50DMA as it coincides with previous resit. figure and today pivot
H-JNSAR at 5080 for last 30 mins. Close below that, we
go short ???
Indus Said
@Ilango
Perhaps I am wrong, but my feedback to you would be to not give credence to views expressed by blog members on your comments.....personally, I find them very helpful in determining trade direction....would therefore, appreciate your views
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Yes Indus i agree with you. Sir please dont bother about others comments we need your guidance and help and would request you to come back.
MYNAC,
THERE IS A HUGE COVERING OF OI AT 4600 PUT 16 LAKHS. WHAT MAY BE THE REASON.ANY ODEA
Dear appu,
As per my understanding,means market wants to cool
off from here soon,or they or some one is going to
start selling/booking profits, so only those who are
in big profits would have covered it hurriedly.
Its my very personal opinion.At present I have zero position
Or... not much up side left as per there expectation from
current price.
5082 is the current weeks Hema. as per my understanding, a close below this level would render weakness. This coincides with the HR JNSAR too!!!
Unless a new High is made this value of Hema will not change!!
At present...Still it is trading well above
DHEMA & JNSR so,unless & until it is above DHEMA,
it has not that much importance.But it shall be
remember.
In 30 min chart, MACD crossover, RSI below 50, stoch
going below midline.
Though Day Week JNSAR is up Hour is lingering at
point of exhaustion. Square longs and go short? This
is what I am thinking.
H-JNSAR previous long at 5030 closed today at 5080 with
net gain of 109 pts. ( first lot; 63, second lot: 46 ).
I didnt play this, but this is the paper trade result.
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