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...
55 comments:
Dear Ilango Sir & Blogmates,
OI Update at 2:00 PM
Thanks & Regards
Triangle in ivth?
Dear sir,
NIfty has resisted @ 61.80 % retracement level 4871
Regards,
Nirav
Give me a false break out .. then a pattern faliure and at last
JNSAR trigger .... Bus itna sa khwab hai
or may be IMPULSE has started on sub minuette degree as:
sw1: 4899-4827
sw2:
A: 4827-4859 = 32 pts
B: 4859-4839 = 20 pts (66% x a)
C: 4839-4858** in play (can do c=a i,e 4871)
pcsmitpra
ऐसा नहीं है भैया
when you square off your puts
plz intimate us - so we can go short there
@pcsmitpra: Follow JNSAR only
PT ji,
Can u pls tell me wot is a JNSAR trigger?
rgds
@pcsmitra, Do you trade in options?
@ Fire,
You expressed the current scenario from the "differing T/F TA" quite well.
@ Shriram,
If it is a small "X" wave, it should get contained at 100sma-4935(approx).
If it is a larger "X" wave, it could consolidate from 4900-40 and after consolidation, move higher.
@shriram: Read following link...
http://tradeinniftyonly.blogspot.com/search/label/JNSAR
Shriram,
A move below this number means shorts and a move above this
no means longs
@pcsmitra,
Please for first few days trade in Future & strict to
JNSAR & T/A table values. Ask master if have any doubts.
@pcsmitpra
Even I am in the same dilemma. So I opted to
stay neutral until 4810 comes for me to buy or
4900+ to sell.
Until then I shall just watch the screen. I probably
have much worse luck than you do. So I do not have
the courage to go Long.
pcsmitpra said...
Prabhakar sir, JNSAR is 4856 , and I went short when Nifty spot was 4848.
=========
But whats wrong with me I can see JNSAR as 4785
banghead
@pcsmitpra: Please don't adress as Prabhakar Sir. I am back bencher.. Do Daily JNSAR only.Day JNSAR is 4785 only. If it slips, go short with 20 Points SAR
tks pabhakar ji.
Illango ji --> I was refering to alt lables for DOWNWARD IMPULSE or WAVE A of a DOWNWARD X , not counting UPWARDS , count will be invalid if we go above 4899 :-(
rgds
Dear pcsmitpra,
It’s not like that… At present when most of the market players are expecting the same like you… probably market would not behave in that direction, just look @ the other conditions too. It may come in your direction too…later or sooner but one thing is very much clear here that market is not that much easy to understand. Two years ago On Assembly election results day, it show upper circuit..Inspite of highly over bought conditions @ that time. Means…It is really tough … pl Don’t get upset…
WHEMA@4873 & DHEMA 4861
13dema is about to cross 34Dema
4895 is real test for Nifty future..
4885 is 80% retrace lvl from 4899/4827.
NIFTY OPTIDX Open Interest at 2.35pm -> CLICK HERE
Looking at the intraday charts, it may seem that nifty may close at its high today.
I am waiting for nifty to cross 4900. Keeping finger on my mouth & watching .. :)
Prabhat,
4899 is R1.
NS-NF premium is widening
If any body knows about fibonacci arc ???
Some daily chart workout if yes please give me chart
thanks.
sir
Nifty again resisted @ 80 % 4884
Regards
Nirav
How many times do u get to see all index derivatives in red?
mynac said...
NS-NF premium is widening
means retails on bandwagon
Bulls seem to be conquering the High emas this hour.
@ DR sir
Dinesh Rishi said...
mynac said...
NS-NF premium is widening
means retails on bandwagon
What should we consider this?
I see an ABCDE forming here. E ends around 4850-55 and then
we do another wave up. I see the same ABCDE play out on
Jan 4-6 between 4690-4795. Thoughts ?
@Number Game ....
Pigs always last to catch the upmove ... May be if i interprete
then fall is near by .:D
May be wrong too
@ PT
I am also thinking in the same way, as DR sir already said in morning
"Survival of the fittest" :D
Thanks
FII,s Activity.....
Cash
10/1 324 crore
11/1 431
12/1 507
13/1 293
Future
10/1 1054 crore
11/1 271
12/1 -114
13/1 395
Day Pivot:4866
Day High Ema: 4866 (As per current high)
Closing above it continues the upward momentum..
Thanks for your valuable comment, Master.
tks alot sir
Dear Nnumber Game
NS-NF premium is widening
It is indicating seller’s impatient activity.
At present, as market has gone up, those who were waiting for their shorts to cover @ lower level probably have now realized the fact that market is traveling in their opposite direction & so only they are hurrying …& it is indication of “trapped sellers” of the day or you may say it is first symptom of this decease.
is there a possibility of Gap up opening tomorrow if global cues support?
Thanks Sir,
this will help us to take last min position decision
Bye all...
Today's red close of japan, hangsang will be opposite
in tmrw morn hours.
wl take nifty gap up.
simple thought.
Master, What is current value of 13Dema & 34Dema Please..
@Sanjay Jaiswal: What is the average closing value of Nifty Spot(If you are free) ?
Not crossing "4885-80%" leaves it quite open to the influence of global cues.
A General observation:
If FII are net buyers today then from here onwards in next 10 minutes they will not allow Nifty to go further up from here to spoil the “average” game…for tomorrow. They are familiar and known for this smart game always…:) Let us see.
For those who are in Dilemma, Adjusted closing can come around 4873, +/- 2 points. Please make your adjustments as per the close.
Thanks & Regards
Nifty Four hour and one hour charts: CLICK HERE
@ Sanjay Jaiswal: Thank you Sir
@ Tigar,
13DEma-4797
34DEma-4808
Just look @ the price behavior, Smart players are pressing or have kept spot below day top & forcing NF shorts to square off @ much higher level.:) Thanks & Bye everybody..
Nifty Ichimoku chart:
Closed above 1/5/15 min cloud.
Bye Sir and all blog mates
TCS results tomo ... may be they have Fattenend the CEs today,
to make ready fro HALAL tomo ??
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