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...
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Current week JNSAR at 4837. That will be another number to watch for JNSAR followers.
Namaste Ilango Sir And All.
@Share tips: You are from one paid service. Here we are learning from our Master and some Seniors. Don't disturb us..
Thank you Sir ..
HHEma-HLEma trade ( long ) initiated at 4796.
SL at 4756 ( H-5Ema ).
@smitha,
Yes to ur question. But note that EW numbers point
to possible top also at these levels. And R2 is 4796.
Somethings to keep in the back of ur mind.
@Golfdude ,
4796 also being the R2 , restricted me to take the trade.
@Sujatha Ma'm: Are you currently long or short in nifty?
Last you updated your position was that you where short(not sure what levels)
with SL of 4825.
removed dineshbhai,
but what is the answer??
16 Dec High breached
BN at double top (Bearish sign)
double top breakout (Very Bullish Sign as per PNF)
if closes above this
@PS As per the Big G policy guideline... the link has to be opened
then only Energy credit is given...
Prabhat - i was in short on friday yesterday closed my short and long now closed partially. double side trading opportunities. after all i am a small trader.
PS
at bottom of JN page there is something
see they are telling 2 days free trial
I dont say you subscribe them but once open their
page & see what they are offering
that will suffice
ok sam . thanx got it..used to do the same but last few days was seeing +1 so was thinking..
Dear Sujatha,
“After 4808 needs to cool off upto 4787/77??”
After so many days later Nifty has shown Biggest High Volume 1 minute trade more than 27 lac shares in Cash and almost 15 lac O.I. additions is there in just 1Hr.of trade suggesting good support there…No doubt, ups and downs shall be there but this is part & parcel of this game. In this kind of situation Bulls are aware of the fact and they have no other choice left here but will have to add it for there desire purpose in Pyramid way….
thank u dinesh bhai..
MACD neg div in 30min chart. Some exhaustion will
help in identifying potential top.
Post Script
High Cash High Volume trade is @ 4788
@PS u r welcome :)
Sujatha mam,
I am the "small trader"
Highest volume on one min chart of NF seen at 4830 ...
636000 in one min.
Lets see how prices behave from here....!!!!
DR sir -
Why are we looking at Dec 16 specifically for
a double top? At 8660+, has it crossed that double top now?
shukla ji r u stll in jet give some update the jet has firedup one again with second gap
Namaste Ilango Sir and JN Family
Took 20pt partial profit in HHEma-HLEma long trade.
Rest at 4796 SL.
ST & Sis
Lolzzzzzzzz
mynac - yeah mentioned the lower side nos. or 4818?? also. agreed..y i mentioned is both spot nifty/nifty sensex alltouched it's recent swing highs + weekly cam H3 is also there initial hiccups may be there "but sure today main trend is UP".If Infy result is "sugar coated" thenupside gap may be filled.. as i got some other work hence "trading" with both the views not sticking to anyone particularly :D
Dont know, took a risky trade shorted @4825 with SL of 4850
Hitendra
14 Dec 8698 BNF is next hurdle
& for PNF chart closing is must
small trader - Lolz :) :)
Prabhat - Our SL should not hit...ameen call our "newton" the gravity master :)
Alisha jain - thanks a ton for the "confirmation" v r waiting for your signal
If w4 was between 4780-4687 ( 93 pts ), then
w5 can be 162% of w4 which brings target to
4838.
Alisha said short yesterday
so today she 4got to attach the link of her website
ha ha ha ha ha
@Dinesh Rishi : Lolzzzzzzzzz
Good morning Sir & friends,
4840 IS NEXT TOP IN RECENT PAST.
gd,
it match with your lvl.
GD: 4842 is upper BB on daily also :)
Good Morning..............
nifty has broken an important trendline in daily chart.
Next target may be around 4860 (Week High EMA).
Chart posted CLICK HERE
@DINESH. Bhai...what i told last day market will be 4800+
BN Target 8900-8950...lets see
Developing hour is becoming OB.
Neyaz
to whom did u told BN Target 8900-8950...
Neyaz
& we never repeat here that out tgt met
its nothing new for us
cos out tgts meet every day
san please udate the chart whether falling wedge broken?
Namaste Ilango sir and all,
DAY CHARTS:
Click Here
HOUR CHART
Click Here
4823 - corresponds to Week 10 EMA
@Prashant,
Request to please update your blog. What is the trendline
Resistance value?
Prabhat I too shorted nifty at 4800(ns)
satheesh thanks fot the update
subjectivity of trendlines
prashant saying broken satheesh saying resisting :-)
sir - 11 am updation + 35 hr lead indication chart updation pls.
GRP-ji - pls. check mail when time permits
@ tigar
it was around 4815
So nifty broke day resistance and is resisting @ week.Crossover may give big move up.
@ P.S,
:). The reason for me considering it as resisting:
1. See the chart sir has posted. Normally such a breakout would be quite swift as per my observation. I felt the swiftness missing.
2. 4828 - week 10 EMA
3. 4828 -113% retr of the leg from 4801 - 4588 - which is very important ratio as per Harmonics.
4. 4815 - 50% retracement of the bigger leg from 5099 - 4531
Atleast for Intraday this must act as a resistance and the swift move which I expect can be above 4830NS.
Just for fun...
http://www.freewebs.com/mojaysite/photos/Random/funny-dog-pictures-praying-dog-boy-bed.jpg
http://4.bp.blogspot.com/-6d2ecEAiZvs/TmixxU-AQeI/AAAAAAAABD8/YybVNgQ20O8/s400/Funny%2BPeople%2BPictures%2B316x301.jpg
Sis
check mail
weekly J10SAR hit at 4826.
red spot may appear soon
The previous fall was from 4800 to 4588.( 212 pts)
This move 4530 is already more than 270 pts. may be indicating reversal.
if retraces more than 80% of the previous major fall (5100-4530), the level comes at around 4980-85.
61.8% is at 4882. 50% level already crossed. Incidentally, this was also the trendline resistance level.
options data: 4800 and 4700 put both OI increased by 1 million plus and 5000 call by 650k.\
Will Sachin (Nifty) Make century 2day?
Satheesh is on a roll here. Her patterns on 2nd Jan. is working like magic!!! Here is someone who is really taking her studies to a different level altogether. I remain long-term mega-bullish on her. Kudos!
bears are getting ready to close their
shorts
another point in favor of the bulls is the market breadth.
There are big moves in small and mid caps, not seen in earlier bounces.
Vix below 25, down 3.5 % is another sign. Let us see
But on a Trend day like this, with no signs of rejection seen at the resistance levels, I am wary of taking shorts yet.
buying otm 5000 calls at 32
the magic number for the today is
NS 4838 above that party continues
4832 Daily R3
weekly R1 achieved...
@ DR
भाई, सचिन पे तो आज काल century भी ना लागती, आप double की सोचो हो .
यो sehwag है, मारेगा aaj.
Bole Sant DRRRRRR.....
"Follow JNSAR + Kar etbar = Daulat Beshumar"
thanx satheesh,
i didnt thought so deep. :-)
Halka ho gaya.....
I mean part profit booked... money in my wallet...:)D
typo 'didnt think'
@dinesh bhai....i just tell u bhai....and plz advise me what to do now in nifty...can i go long with
sl 4775
Satheesh sir,
what do u mean by swift move above 4830 NS?
red spot appeared
@SAM : Now your wallet is .... Bhari ho gaya....
New Post Done.
Hi, I have shorted 2 lots at 4831NF, can someone plz guide what should I do with it now ?
@ prakashbkc
4830 is trendline resistance in maonthly chart
CLICK HERE
IT index weakening may drag nifty
@Prabhakar ..... my wallet is so spacious that still a lot
of space..... Do you want to keep your money it it?
You are welcome...:) D
Fire
Thanks :)
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