Red Red Red.... TT
It stopped out at 4641 + 75 = 4716.
Only one green!
@Master: Where do you see a bottom? I am asking this question in context of rollover? Should we rollover ourshort positions for Dec month? Or do we wait for some small minor bounces & short again later.looks like rupee depreciation is going to take out moreblood from the Indian mkts.
@ Prabhat,Technical set up continues to be down.Oversold hour has give at best 75 to 90 points rises.Till that changes OR till a decisive break of the channel takes place, you either trade the boundaries of the channel or Hold.
too many knocks at 55mema,can make it fragile another attempt by bulls can break abv it
BN shows a fast fall set up.
intra day flag channel broken..expecting new lows..
BN breaking fast, lost 60 points in 5 mins ...
Joke timeBanta: Tume itna kisne mara?Santa: Mere padosi ka bacha gum gya!Banta: To tumne aisa kya keh diya?Santa: Maine kaha Google pe Srch karle...
triangle pattern is developing in 5 min intraday charts with break levels at 4717 and 4677
aaj facebook bhi nahi kholi abhi tak
@master, where we see the bottom ? will Nifty will sustain above 4500?
DR Sir aaj to long nahi gay honge?
guess ns may close in 469504702 ns range to keep guessing for tomorrow move,possibility of gap up or gap down which may see triangle broken
Some big big news and moves in the short term.
stbstb,good news or bad news for Nifty?
pcsmitpratraded BN puts 2 day 8400 PE 170 high was mine trade :D
IT index,bank nifty and nifty all getting resisted near 55mema in 5 min intraday charts...
Namaste ilango sir and friends,Today’s quote I received :Those who have capacity to change their challenges to opportunities never get failure nor get disappointed.
23-NOV-2011-15:15Check the hourly/half-hourly chart of NIFTY (more clearon cyclical close chrat). Most likely, a diagonal isunder development. If you take latest 4715.85 as onepeak then a-b-c-d is over. We are left with only onewave, which may violate the diagonal lower boundarybriefly.The last wave-e will mark the end of wave-5.Your observations please?
where is the bottom?tops and bottoms are for fools and liarstech analysis is all about hunting for the trend and riding it
today my broker will be so happylots of trades done :D
nathI am best at founding tops & bottomsWhenever I buy its becomes topand whenever I sell it becomes bottom
@DRSIR :) lol
ncash closed below 4720.
DR Saab, Are you following the rules? Follow JNSAR :) :)
DR ji,Attnetion Elango Avl., / Blogmates.I have made ICICDIRECT richer from 2008 to 2010 there afterRK Global. Unable to control the emotions. Every day I will start with10% profit within half an hour and end the day withbrokerage charges as loss which is average 30%.My Trade Plan is almost 70% to 80% good But I failed in implementation. This is basically instead of reading chart and doing the trading I trade on price after making initial profit. What I noticed whenever I give gap ofone or days again on my winning ways. But over all failed for want ofdiscipline in sticking to my trade plan.My suggestion to trader who face similar kind of problemis that BETTER TAKE LEAVE AND BE AWAY FROM TRADING TERMINAL WHENEVER YOUR BROKERAGE CHARGES ARE HIGHER FOR THE DAY.This is also part of my confession that I lack Financial discipline and I will be happy if anybody can guide mefor controlling my emotions. I do aware that emotional control is moreof Self Management. But some of you would have gone through thesimilar situations and their experience can save me from further damage.Starting from 11th Nov. I have taken @ the lowest price andimmediately sold it with 10% profit and rest of the story iscatching the falling knife. My confidence level is Z E R O O O O O 0...........infinity.
Dear Jayraman jiPlease do some yoga and meditation for 1 hr. daily in morning or evening.I hope your problem will be solved.Every traders should follow the practice of meditationto control imotions.Thank you.Jeevan.
Today nifty managed to close above 4700 levels.If in coming days it still closed below 4700 then this oversold zone may continue till 4400