Thursday, August 9, 2012
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...
9 comments:
Master ilango,
the pivot tentative targets mentioned are of yesterday.
regards
☺☺
Good Evening Sir & Blogmates.
Which type of combination of SMA/EMA can be used in charts for various time frames., ex: 5M, 15M, 60M, day etc
Regards
Good Evening Sir,
May God bless this blog and enrich its members with knowledge and wealth.
Hi I lango sir can u please upload the latest TA sheet which covers todays data
@ parminder,
Have an eye for details..! - Thank you. Corrected.
@ viji1975 ,
You have to experiment with the fibonacci numbers...for Short term, start with 13,21,34,55 and so on. It'll be an experience that will benefit you immensely. DO it yourself.
@ naresh,
JustNifty TA(10th AUg) uploaded.
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Tomorrow is "Trend assertion day". NIfty has stopped exactly @ 61.8% of the last rise from 5270 to 5378.
80% @ 5292 should be protected for such a move.
We have seen, often, the price makes the high/ low of the week on the last day...that would be strength.
Thanks Lango sir !
Sir ,
Just a thought ..
This rise started from the support @ ~5166 and 5215 and 5270 were intermediate milestones .
If we consider that
5166 5,377 (211)
23->5,327 ----->Done today(close to 21HSMA)
38->5,297 -----> Closer to 5EMA
50->5,272 -----> Current WHEMA
61.8->5,247 ------> Close to JnSar
8-> 5,208
Namaste Ilango Sir & Blogmates,
(Bullish to Neutral: Though Nifty closed in Red, the Option Table is still with the Bulls but higher levels are getting out of bounds for them.....; Option Analysis for 09-08-2012
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Thanks & Regards,
Sanjay Kr Jaiswal
Today i have sent a mail to you sir.Please,go through it and act according to your wish
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