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...
41 comments:
NIFTY OPTIDX Open Interest at 12 -> CLICK HERE
this hour HA open is 5726..must trade above this otherwise toing.....
Ilango ji,
KST : {Cl-L14}/ {H14-L14} , falling by large extent , but not able to drag price ,indicates that in the ST
1. Candle Closes are near L14
2. IV i.e H14-L14 is high, w.r.t Numerator
Can this be construed as proof of this fall as a consolidation , rather than a New Higher degree wave ?
Thanks Master for educating the right way
Regards
banknifty ORB broken on downside
@Mynac
The premimum for NF is around 25-29... it is not decreasing.. Am I looking it wrongly here....
JNSAR after a long run. Using filter is advisable.
Also Note that Friday's low (even if it was called a Freaak Trade) is almost taken or in other words tested, is it a DANGER sign
bal bal bach gaye?? ke picture abhi baki hai mere dost??
JNSAR trigger?
natti
low made is 5703.85
triggerd
:) bade din badh aaye ho thakur :)
Dear CDG,
Instead of +30,a day before @ close,today it is betw.25-29...so only it drew my attention,in the morning..In the meanwhile JNSAR trigeerd on short side..
Took JNSAR trade
5663 is 13 ema in daily charts
i guess weakness will be below this only
@ Prakash Sharma,
Can you tell us what is the something else story?
Dear Mynac,
yes, yes I agree... Now since JNSAR triggered lets hope that the premium also decrease more as the trend has almost truned down (will be confirmed by EOD).... Fingers crossed.. Thanks for your reply...
@ ilango ji,
When time permits pls take a look @ KST on hr T/f.
Is indicator Movement in line with impulsive move or a corrective ?
JNSAR short taken. Thank you sir for the biggest JNSAR rally of my trading life. A total of 384 points done in single trade.
cong. Yesh and Dhan ji
Dear Ilango Sir & Blogmates,
OI Table Update at 11:00 AM, VAH:5812, POC-5786, VAL-5760, WPOC:5761, Pivot:5788, S1:5721, VWAP:5742
The CE Writers are back, and now taken control for the day, but still much needed by them to make 5700 there own, till then its do or die for the Bulls…
Thanks & Regards
Excatly positioned and finding support at J10SAR 5695....Brilliant..
RIL may break ST (hrly) support coming around 820.
dear sir once again wanting to acknowledge the help dear parminder singhji and saurav kunduji have lent me as i had power problems for one hour. A big thanks to them once again.God bless you.
Even though JNSAR for today has triggered on short side, yet there are two important technical points to be taken care of. 10DMA is still nor broken and 21hrsma yet to cross 24hrsma downwards.
@ shriram,
KST is just like Macd, the lagging one. Even the lagging one triggered down yesterday and has moved into -ve zone this hour.
Day KST is poised to trigger at OB Zone.
We, traders, take our trading decisions mostly based on Day/ Hour combination.
Day: Sell on rises.(Sideways mode)
Hour: Down.
If we consider the Month/ week set up, the current price moves should be considered as "consolidation" upto 5542.
@master
day KST and Day slow macd are about to trigger down.
Thank you Prakashji, and a special thanks to Buzz
@parimal
pl check rediffmail. thanks.
OI of 5700 is decreasing, any reason? how to interpret it?
a/c to HA weekly HA open 5672.2 should be protected for weekly bullishness. other wise more toing.....
Dear Sir,
SBI DHEMA is 2319 and DLEMA is 2268. Can u please confirm the same.(if time permits)
Regards
Sivakumar S
This time around when we had a JNSAR trigger, there were less questions and I am guessing that the followers were busy closing the longs and going short... but more important than that, I guess we are all believers now. Lets have faith and lets be objective. Forget the cost of the trade, lets ensure we are on the right direction.
Like Ilango sir says... lets start to hear those jingles of money trickling in.
Sourav: noise will calm down automatically as Price Picture shows...
OI of 5700 is decreasing, any reason? how to interpret it?
@rajapvt
5700ce decrease in price with increase in OI- sold
5700pe increase in price with increase in oi-bought
i am not OI expert but this is the basic rules!
prabhakarji or sanjayji can throw some more light.
Reliance going down at super sonic speed. All hourly candles since morning are black...
Can anybody confirm HNS 30tf NF..thanking you with NL @ 5717..
New Post Done.
tks ilango ji,
sorry for the delay :-)
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