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...
32 comments:
ma'am,
i replied. thanks
dhundho dhundho re sajnaa meri nifty ka trend.....
5th oct se market trading mode mai hai...amazing
sir ,
on friday update u said time view by monday or tuesay this correction will don so any update on it..
this hour ha open-low same 5683.69
if ns holde 5695 then may move up towards 5723-40 levels today
@saibhakt1
thanks
sir,
Retracement trade sl. is 5715 ns. Right?
we have to keep head down and straight bat
no square cut . pitch is very much helpful for the spinners.
addition of nearly 4 lakhs in 5800pe
is it possibility of nifty may break once abv 5800 this series??
5800pe zero karne ka irada hai kya??sabse jyada ras usi mai bacha hai
loot lo
5800ce below 1 can it trgt 10-15 rs??
ilangosir good morning
u removing new green 1 wave lebal, why its negeted?
or its b wava?
Good morning respected sir,
is there any clue/study ?or how many time reuired to trade nifty out of this trading zone ?
thanks®ards.
Popping or topping?
@pankaj
its peeping....
@Nifty Rider: Ha ha! Good one!
ball stumps ke najdik aa raha hai dur dhakelo
On hrly chart RIL touched to upper BB and now has ST support 34hr sma
why is so much volatility today??????
Retraced to 38.0% to 50% @ 5687-94 @ 5691.
Now below 5691 would be considered weak to be confirmed with a break of 5680.
@root, what is your NW saying?
RIL again at upper BB
Dear Ilango Sir & Blogmates,
OI Table Update at 1:00 PM, VAH:5708, POC-5694, VAL-5680, WVAL:5647, Pivot:5692, R1:5718, VWAP:5695
Back to the 5700 Level, with PE writers on a much better postion, looks like no range extention till Expiry…
Thanks & Regards
@master
did u reverse conservative trade as SL 5715 hit....or still short? if conservative long what SL?
anm
answer for you
Ilango said...
"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.
October 22, 2012 11:44 AM
@ anmpatel,
If you read my comments, you'll understand that @5709, 80% mark, a ST reversal is in place.
And at 5715, it was suggested that a 5-waves done from 5658 to 5715 and a retracement to be watched for. And the retracement has held @ 50% to 38% @ 5687-94 @5691.
Hence, also suggested weakness below 5691 & more below 5680.
EOD prices need to confirm this reversal.
Based on the above, one need to take a trading plan.
oooops
sorry sir
thanks friend
we are not yet out of wood.
keep going bye bye office time!
thanks Sir!
regd
@Prakash Sharma
I never posted any link here or for that matter anywhere about any prediction. I don't predict the Market but try to FLOW with it...
ok sir thanks
i read but i always confused b/w intraday and positional comment to interpret. thats why i asked. as i am a positional trader.
Today's High Volume Trade @ 5707.
On day chart NF at middle BB and 20dma
@DZIRE
now at 5710.7
@anmpatel
Tug of war @ HVT level....
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