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...
53 comments:
Sir,
in your second chart JNSAR is mentioned ad 5581, kindly correct to 5681
India VIX is down near 5.6% with nifty in red
does it have any significance or indicating something???
Sir, which excel do you have? 2007,2010?
thanks.
Friday's closing day VIX was 14.54, three years low
1440 points in 8 days and then 0 points in 20 trading days
Above is how bank nifty future has performed since 11 September. This simply tells that you can't make same amount of return every time. Whichever timeframe you trade you will make money in phases, trading or investing in stocks is not about "fixed" returns.
have to go....
see you soon...
this hour HA open is 5667, open low was same but broken..as nifty trade 5666 for few sec,
today HA open-high same for daily at 5686
tom developing HAopen is 5675...to show some strength nifty must break it.
thanks.
Dollar Index is thrown down after Fridays Surge
Asia market on recovery
India vix is down (Less Fear)
Rupee is steady slightly rising.
Now guess....
JNSAR trade right now is LONG or SHORT?
Good Morning Master and copy to All
@AJ
Very well said....it's highly practical, which one should keep in mind when he is in stock trading business...
Good Morning Ilango Sir & Friends...
Mr. Kuheli.........JNSAR is short
@Soumen
I think it will be common to all businesses. I have not done any other business but the "chai walla" will sell more "chai" in at particular time of the day or month of the year. Same is for a "futures walla" :D
So why does "futures walla" get millions at an investment bank but the "chai walla" get bullied? :))
BN firing
prince how short can explain cos it crossed 5681 & sir also said in next 1 hour low not breaking means upper possible
I BEG YOUR PARDON, sir, jnsar triggered upside again. I am confused.
@AJ sir,
You are right.
now day JNSAR push down the prices but its trend is flat ( flat direction) so the force may be less
As per JNSAR ( positional ), we can be long with SL 5701 ?
sorry 5661 as SL ( positional ) !!
Ajjjjjjjjjjjjjjjjj
In a sideways market, trade...using
1. Support & resistances
2. Fibonacci retracements
@MASTER,
a Lots of Confusion.Please clearify.
Wave b pending so it can touch up to 5745-5775.so long trade.
JNSar 5681 so nifty now above it .so long trade.
wave c pending up to 5612 or 5550. so short trade.
if wave-4 finished at5633 and wave-5 start and we are in wave 2 correction than go long with sl 5630.long trade.
Which trade we can choose???
@Nilesh Patil ji
You are wrong!
.
..
...
if you address me as "Sir" :D
Dear Ilango Sir & Blogmates,
OI Table Update at 11:00 AM, VAH:5708, POC-5694, VAL-5680, WVAL:5647, Pivot:5715, VWAP:5676
Holiday effect on, with not much of a movement seen, only meaningful addition seen at 5800CE and 5600PE. 5600 may not be broken on closing basis….
Thanks & Regards
This month JNsar trade has been really very difficult.
Gone with the wind. what? premium of Nifty Future
@SJKolkatta,
Not JNSAR trade, any trade would have been very difficult.
Is the channel resistance around 5703??????
Dear Sir,
I was short on friday and went long based on your this comment.
Ilango said...
@ Kuheli,
If no new lows are made in the next hour, following is the retracement for the 5722 to 5658 fall. (This fall hasn't breached the 80% mark @ 5652 to confirm a downtrend)
38.0%-5,682
50.0%-5,690
61.8%-5,698
80% mark to confirm a reversal to "UP" @ "5709".
October 22, 2012 9:35 AM.
Thank you. waiting for 5709 reversal.
regards
Sivakumar S
Morning JN Family!
NS trading > DEV. DEMA @ 5685 , is good news for bulls, but needs a firm close > 5710 EOD, to prove that bulls are in charge of TREND
Bears will be hopeful below 5681 (34EMA,30m)
have a gr8 trading day cheers!
Good Morning Ilango Sir and blogmates.
Traders Song
http://www.youtube.com/watch?v=XK3yN40LjJM
A retracement trade is possible again with small SL.
hello everybody
this hour HA open-low same at 5670.76
good going and nice learning
GM blogmates,
for those who seem horribly confused, pls follow the masters guidelines----trade the supports and resistances and Fib retracements. In a a sideways markettrades based on trend following indicators will generally whipsaw. regards
Sir
I will rathr wait and watch today
Ravi
Bn and nifty near fridays high
decisive break abv it can be fast
Bn and nifty near fridays high
decisive break abv it can be fast
"5709"-80% breached with a 5 waves done from 5658 to 5715.
Keep a retracement ready, as long as 5715 is not breached immediately. If it does, it could trend higher.
Retrace:
38.0%-5693
50.0%-56873
61.8%-5680.
80% @ 5669.
rupee is disguising its move
bullish and bearish so jerky the movements in the index
@Shradha Saburi,
Usdinr took support near 34dema
Dear Nilesh bhau
Correct but i expect some volatility here.
regd
small profits trades are advisable that is our
master recommendation support and resistance method.
@saibhakt
I sent you an e-mail yesterday, can you please check and reply?
Sim
Correction
@saibhakt1
Ilango ji,
DZZ in play from 5815, presently in X ?
possible count for X as
X.a 5634 5722 88
X.b 5722 5658 -64 -72.7%
X.c 5658 5746 88 100.0%
viable sir ?
Smriti ma'am,
Will reply in 5 mins.
Dear sir,
I have been watching this blog since last few months. Also read so many comments regarding JNSAR, but how a trader who is doing job and can not watch price movement during the market hours can take trade at the cross of JNSAR? How he can know the other levels of indicators when he is occupied in his job? Please guide me any easy method to implement trades as per JNSAR.
New Post Done.
dear ma'am,
yes this my id have replied.
@AJ
I agree with u...
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