Nifty retraced to 61.82% of the fall from 4899 to 4838 @ 4876.Global cues are negative now. Only above 4887(80%),the negative bias disappears.
Having made the first fall to 4838 and a retracement to 4876, it is poised to break below 4838 towards 4795-4810 or lower to be followed by an intraday bounce.
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...
29 comments:
Good Morning Ilango Sir and Friends
SBI Chart update: CLICK HERE
Gud morning Ilango sir
Good Morning Master & Friends,
Good morning Sir and all.
good morning Sir, and all gems of JN
Good Morning Sir and Warriors
Good morning Sir and blogmates.
Nice format I like it.
Good Morning Sir & Friends,
DJNSAR is 4785 is important.
sir jnsar is it future or spot level
Goodmorning Sir and JN Family !
Namaste Ilango Sir and fellow bloggers
LV
Gm Sir & Friends
Good Morning Ilango Sir and JNFamily.
Good Morning Ilango Sir and all the blogmates!
@hari
It is always spot level unless explicitly specified by master
GM Ilango Sir & all JNMates!
@SAM,
Thanks for your continuous technical support!
Good morning everyone ! Trust all is well
I have updated mt blog for this week
Please drop in and let me know your thoughts
http://mytradinghandbook.blogspot.com/
Good Morning................
Namaste Ilango Sir and JN Family
Good morning gurudev & friends
orb pl.
thanks in advance
Good morning ☺ Ilango Sir and all blog mates
new look...great sir
gm sir and jn family
event to watch today...monthly inflation data and Europe opening.
4836-4852
@ SAM
posted one comment pls check.
Thanks
Nifty possibilities & other investment targets - Link
GM Sir and all
Happy Trading
New Post Done.
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