Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
-
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...
26 comments:
with 12:30 close nifty will be close to upper bb in 30 mins.
As per Bank Nifty future 5min chart, breakout above the High 9776 - will be an inverted H&S Breakout. The smaller Moving averages are crossing over the larger Moving averages supporting an upmove. If not able to move decisively then it would develop into a fast fall.
implyin caution.
Sir,
Missing your NEW POST DONE post in your intraday update - 1
itna sannata kyun hai bhai?
Longs still have a long way to go?
ab kehne ke bacha hi kya hai :(
5162.55 done
Sir..if it closes above 5126 and 5157..MJNSAR-MJ10SAR, it will be a monthly buy trigger.
Master and friends, is there a rising wedge in 5 min charts?
Sir
what's macro's position??? tks n advance.
13th hour from top of 5220
Red dot..
Till now an inside day
Yestrday high in nspot(5166.15) &
nf(5190) is not being crossed.
Yesterday's spot high could not be crossed at 5167 and the 5 min. rising wedge also broken at 5182 [ if i am right] future for a possible target of yesterday's low. SL yesterday spot high 5167.
Hangsang high= 20477
cmp=20387
forexpro site
Macro position:
Monthly trend is turning up with a close above "Close ema" without the momentum with a close below MHEma.
Weekly is near OB and any reversal requires a conf. this weekend with a min. close below WHEma.
Presently a correction is on from 5217..one fall done @ 5077., corrective bounce may have been done @ 5164-Golden ratio.. next fall is on.
The correction - how far it'll go - 5000PE has highest OI. Hence likely upto a maximum of Month Pivot or higher @ 5004 - the last pivot low.
NS retraced 61.8% and Bank Nifty retrace 78.2% from yesterdays Lows.
thanku master ilango for ur macro perspective
master tt values for 1pm are not updated
rohit yest eveng msg:
Nifty has reached a testing level, while there are reasons to believe there could be more upside in the coming weeks
todays high is a channel and retracement resistance that needs surpassing so that this bearish alternative can be
over-ruled. This is where market needs to be given time to resolve itself and tell us what it wants to really do.
Respected high of yesterday
BN heading to 10K?
Dear San
i am keeping a close watch on your weekly chart- Nifty could
not cross 79% in last two years. tell us also the possibility
and levels if it now cross this crucial mark
thanks and regards
Sir,
5165-5077=88 points.
respected rule of 75/90?
Yesterday's loss completely wiped out in BN. Trading
above Jan 27th close.
Can someone help with the next target?
New Post Done.
Post a Comment