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:
@Satheesh I do not keep values of BN on hand only refer to it for support on my views but just check whether it is trading above hourlys? as I feel that if the hourly protected we might eventually touch and trade above MJNSar by day end
Resisted @ 5217-200sma.
A close above 200sma would confirm a stronger reversal.
Having moved up from 4588, some consolidation here would make this rally sustainable.
Bhavan & Satheesh
BN O & H are same 9969.25
& 200 SMA 9956.73
GoodMorning Ilango Sir and all the Blogmates!
@Share tips: Master is deleting your postings many times. Your tips can't educate learners.
Friends keep on eye on this also
http://img40.imageshack.us/img40/2094/balti.png
Hi,
Bro Anmol, long time no see
Balti is bucket in Punjabi
& Balti of Angrej is empty
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
DRji GM this would mean that BN has to cross O &H for further upmove
But watch RIL when this will move down BN might show movement
Fib lvl from 5217/5130(Wed Low)
Nifty 5217 5130 87 5196 5184 5174 5163 5153 5147
Hold 50% lvl.
BDI Baltic Dry Index
Changes in the Baltic Dry Index can give investors insight into global supply and demand trends. This change is often considered a leading indicator of future economic growth (if the index is rising) or contraction (index is falling) because the goods shipped are raw, pre-production material, which is typically an area with very low levels of speculation.
Read more: http://www.investopedia.com/terms/b/baltic_dry_index.asp#ixzz1ZuNBBgEO
Namaste Ilango Sir And All.
sir,
last two days u had advanced jnsar by a day. it appears very logical because jnsar is very far from 5 day low ema and most of times after such ferocious rally jnsar gets triggered and whipsawed in the consolidation that follows. so better when we reverse at higher prices. but today u have left it unchanged??
Bhavan
Yes now mkt as No trade Zone let it close
and sustin above 200 SMA
& it will be start of bull mkt else......
Reliance lost its reliance long back
HH-HL trade update -
Nothing much. 285 pts and going and going. Short trade
only below DHEma - 5137 ( after such a long profitable
trade, let us wait for safer entries ).
Dini Bhai
Only Non-manipulated index in world that's Why should be watched !!!
watched .
Respected Master
Which waves is “killer wave”
it makes the impression that
the bull market has started
where as its not the case.
Intraday also at pause
all MA's converged waiting for Traffic light signal
http://bankniftytradingchart.blogspot.com/
DR Sir my version I rely on reliiance as a correction point with view of the buyback startingfrom 1st feb it is potentially ripe for selling for an entry around 780
@PS,
Can you explain your comment.
"last two days u had advanced jnsar by a day. "
I am new to trading. And i couldn't notice the change mentioned by you.
@ashwin
like using tomm developing jnsar 5037 today
morning illango ji & all friends,
Friday factor may subdue the upside momentum today.... C.3.iv may have started to the DOWN.. ruffly 100 pts
@PS,
How it is different today?
Every day, he posts next day JNSAR from 10:00 am update.
Did he mention somewhere (for last 2 days) to use next day's JNSAR?
@ashwin
see on the chart
@PS,
thanks
VIX has increased quite well (Although not sufficiently high to make it bearish).
AS of now it 22.11. (It closed @ 21.02 on 25th Jan)
can anyone tell plz me on which chart it is written that todays JNSAR is 5037
Ilango sir what would be your view on the bottom being made in india and a brand new bull market having begun
Arz kiya hai,,
à¤ालू का खेल शुरू करो, बैलों का तमाशा जारी है
ये हरा रंग तो बहुत हुआ, अब लाल रंग की बारी है
@ PS,
Today it looked like the most obvious inflection point @ 200sma with OB readings.
It is upto the individual to decide the course of action to be taken though there is absolutely "no sell signals".
Not changing the JNSAR today was not intentional but ignored as other strategies are at work.
Test Msg..
Ilango sir, break of 34 hr sma can b a good point for shorting for conservatives now??
Thanks
thank u sir,
actually its sar and rising 30-40 points everyday
so 30-40 points both sides is good sum.
nifty futures may go down up to 5146-44 and more be ready ! (if upside cap (SL) is 5206)
New Post Done.
I am really impressed by your blog and the information Thanks for sharing a good knowledge over this blog.
Intraday Nse tips ||Share Tips || Nifty Tips
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