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...
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ...
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Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
58 comments:
@Lakshmi at 2:00 close
50 sma @ 4779
200 sma @ 4771
For trend reversal confirmation NIFTY spot may close below 4810
Dear Smita
Thanks
http://www.youtube.com/watch?v=9Y1V5up6ljw
A perfect place for Fast Fall setup. If that is overcome, then a perfect time for a Negative Divergence with a new high.
4845 is 200mma in 5 min charts
in morning it has provided support
may give res now
reliance not participating
KST indicator give bearish crossover on hourly charts.
Possible impulse down ?
4869-4804, 4804-4846, 4846-4741, 4741-4781, 4781-4675
Fire
I egg-ree
last time supply came around 8980 BNF
http://www.imagegossips.com/wp-content/uploads/2011/10/147.jpg
Not 1 egr-ree... 4 egg-ree
GD,
Great.
ur lvls are amazing.
will watch.
2.30 factor effect starts.
Prabhakar
it was not
one egr-ree
it was ayee egr-ree
Lolzzzzzzzz
@hitendra,
Thank Fibonacci and Ilango sir. Me know nothing.
@ Shivan Gupta,
The bounce that started last hour managed to reach HHEma @ 4847 and receding now.
Intraday players, with the help of TT numbers & with the understanding of intra TA, would make few successful trades.
thanks sir
Hitendra and Lakshmi,
Sorry for the delay I was out for sometime:
20 Hr MA 50 Hr MA 100Hr MA 200Hr MA
4,817 4,771 4,737 4,774
4,823 4,773 4,738 4,773
4,828 4,776 4,739 4,773
4,832 4,777 4,740 4,772
4,837 4,779 4,741 4,771
Sir,
It has taken support at HLema.
do wait to short below that?
There is a Bullish crossover of the 20 HrMA and 50 Hr MA with 200 Hr MA.
GIVE ME REDDD
mkt dancing like this
http://www.youtube.com/watch?v=EaIS7E_B9wQ
Dinesh Rishi:
मैं सहमत हूँ...நான் ஒப்புக்கொள்கிறேன்...ನಾನು ಒಪ್ಪುತ್ತೇನೆ..
Satheesh,
Thanks a lot.
do you expect fast fall now?
Day Chart Update:
http://2.bp.blogspot.com/-KaucILs0o4o/Tw6jVUmvJMI/AAAAAAAABNA/fgwgQnv3Jv8/s1600/12+Jan+Day+Fmacd.bmp
Hour MA chart update:
http://1.bp.blogspot.com/-aDjb3Yp_N_A/Tw6jsZZFPCI/AAAAAAAABNI/hYxqnZVPB-Y/s1600/12+jan+Hr+MA.bmp
As of now pefect evening star pattern making on daily chart, lets see how it closes:)
@ Hitendra,
Till the daily TA is not down with close prices, these intraday weaknesses are to be played out only intraday.
A close below 4838 (DHEma) would bring in "Sell on rises".
Thank you very much Sir.
Red signal by Ilango Sir.
DKG depends on which number u r following.
Day and Week JNSAR is still a buy and hold. Hour is weak.
Good Afternoon Sir
stbstb,
just keep watch on DHema 4838 on closing basis.
@Golfdude
You are a perfect example of
hard work.You have taken a short trade
at 4812 with stoploss at 4855HHEMA
But since the next hour closing is
above HLEMA,so wont you close your
shorts there.
படா பேஜாரா கீது இந்த நிஃப்டி கூட. ஒண்ணுமே புரியல.
Is it closing below 4838?
Thx Hitendra will do.
The last ditch effort by the Bulls, will it be enough to move the Index above DHMA.
Will let u kknow in 2 mins.
Adjusted closing can come around 4830, +/- 2 points. Please make your adjustments as per the close.
Thanks & Regards
NOW EXACTLY AT 4838
@Sanjay Jaiswal: Thank you very much
SANJAY SIR WHAT WILL I DO IF CLOSES BETWEEN 4830-38
Going to be sell on RISE. So carrying shorts today may be injurious to health??? :P
Hi,
We have to sell on rally tomorrow opening.
VK
@rajan,
I usually dont. I wait for the signal to turn
up. ( close > HHEma + 10 ). Now one personally
could set up SLs ( money management ) and get out
and wait for the next signal.
need to revisit nifty future @ 4818/4810,,,
lets see tomorrow...
Bye Sir and all blog mates
Adjusted at 4831.25
bang on sanjay bhai as always :)
HrHema is not crossed.
Closed at 4831.25
tmrw pivot is 4835 & S1 is 4800.
Hi,
Tomorrow is a weekly closing, more favour for buyers.
Lets see, closing above 4844+. Carrying short is not good.
But Hrly JSAR is still down trend.
VK
@Golf dude
Thank you.
@Sajay Jaiswal,
Great Calculation.
I can see, market closed around 4844.65
VK
@VK
it is the adjusted close that really matters. Nifty
closed at 4831.25 which is lower than DHEMA of 4838.
Vik average of 3 pm to 3.30 will be closing number.
Sanjay is bang on dot.
Uptrend in tact. However 4850 resistance holding Niftylike a wall. Call OIs have good volatility and Stock PCR is on uptrend. Therefore, market uptrend in tact for short term.
You can visit my blog for chart and OI updates.
Rising wedge in hourly chart imp
If I am right then closing above 4889 is needed for higher targets lets see !
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