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...
36 comments:
Ilango Sir,
Good Morning. Yesterday you mentioned:
Prices are in sideways mode for the "averages to do the
catching up". Once the "Catching up is done", they are
expected to resume their original action...
How will TT change while it happens and it is done?
Regards.
good morning.:D
What is "energy exchange" - sorry I didn't get it.
GM Sir and all
exchang done!
initially tried JNSAR but always took emotional
decision and came out of trade.
First time I m holding trade as per JNSAR
thanx for the guidence.
Namaste Ilango sir and fellow bloggers
LV
MLMT, Yes....
GM Sir, and all Gems of JN
Anybody know about Sans Health?
He is not on the blog.
Namaste Ilango Sir and JN Family.
Good Morning Master and copy to all
Namaste Ilango Sir and blogmates
Good Morning Master and Friends
9-Hr Rsi highly oversold; A bounce is likely from here.
Namaste ilango sir and friends,
Today's quote received :
Life is like a piano, the white keys represent happiness & black keys show sadness……
But as you go through life’s journey, you will find that the black keys too make music…!!!
@ RealPilot,
TT is full of such averages. Yesterday Nifty waited with a sideways range and HH(Hour High) & HC(Hour Close) emas came down & after touching the HCEma @ 1.00PM, it started the coming down and NOW it may have completed "One part of downmove from 5034 highs.(If not it should bottom out in 4795-4820).
Main trend remains down. Day is coming down.
For the day, 4795-4820 is crucial.
Sir
GM
nifty not breaching yesterdayz low
Yes its the way we do it (avoid other methods)
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Namaste Master Ilango and all good friends and seniors at this home
Nifty Price moving along the Kumo (cloud),
indicating consilidation that was started yesterady.
may give a breakout any time
wishing you all a successful trading day , regards
Sir in the positional trades sheet its written to resell
near 4900 but if we look into the TT above 4881 (Hr JNSAR)
will trigger buy. So what to do in this situation.
@ Piyush Sharda,
You have, definitely, brought something quite precious to the table.
It is the (JNSAR) users testimony as well as their challenges while doing so gives/ boosts confidence to other like minded readers.
"Illnesses" are a way of "reflection points" that the Universe wants us to have.
"SAN" seem to be having one presently. He'll come back with more vigour.
GM Everybody,
Nifty in Hrly.over sold mode.35 Hr.D also suggesting
intra bounce,and almost 5 lac O.I. absorbed when Nifty
opened @ day low.And Nifty trying to trade comfortably
above it's day high Volume trade @ 4835.all N all favors
Bulls at this moment than Bears. Let us see.Bye Everybody.
@ Number game,
There are many occasions the Hr JNSAR has triggered in intra hour & not closed above it. Also during downtrends & during bounces, HrJNSAR may trigger with a close but fail the next hour.
I'm basing my view as per daily indication and this downtrend has not matured as per daily parameters. Hence, sell on rises. But in the Hour, part booking was warranted due to highly Oversold conditions.
@Yoda
This is in continuation to your yesterdayz discussion of ATP that as the mkt has corossed yesterdays ATP u can go long with a SL of todayz low STRICTLY intraday trading and
for upper tgts look into premorning ranges
orb 4823-4847
@ AshisAg,
Sometimes the IndiaBulls' PIB terminal gives the actual close in Hour data but the adjusted close in the Day data.
Yesterday's multi highs in the range of 4865-75 is the first resistance.
ilango sir where to book profits of intra longs?
thank u sir
@Ilango sir and blogmates,
MACD giving divergence and scho. above 40 (hourly)...and
9Hr Rsi was in oversold condition as mentioned by ilango sir
The people trading on HR.Jnsar like us , for whom the short
triggered at 4980, partial covering has happened and on
the breach of HR.Jnsar full covering, and wait for a
confirmation on closing for longs to be taken.
The Holy Grail of the game - DON'T BE BIASED
200 WSMA @4806 Previous low @4796 should act as support.
Sir has already mentioned bottoming out in this range.
Sir one question looking at which asia is selling off
can we accept that nifty breaks 4756 and move till 4720
instead of bottoming out?
Rgds,
Bramesh
@ VKSoni,
The answer has been given already.
I'll repeat by adding more:
If it could sustain 4851(Pivot), it will attempt 4878(R1). Before R1, last hour high of 4861 & various hourly highs made yesterday come at 4865-75.
If it overcomes, 4878, then a possible 4900+.
@ Bramesh,
As mentioned earlier, 1st part of down may have ended and once this bounce gets completed, it will resume again. This is the current view. It is still sell on rise.
New Post Done.
thanks sir got it
@Sir
Link for new post
bhavan.
U need to open the page again or go down u will find link to newer post
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