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...
66 comments:
GAF to all : Once again @ 5666..how many more days???
Krantu!
HEMA to LEMA done, :)
Sujata mam,
abhishek came with red suit and heads down
now 2.00pm amitji expected kya??
One more down wave pending........Caveat Emptor
CNX Midcap down by 43 points at7893.
Tata Steel faces the challenge of 200DMA.
RIL takes a big cut.
Till 5635 not break , message from market is :- consolidation is not over
now for remaining day battle for either close bellow DLEMA
till ns does not sustain abv 5673 for 5 min
it will remain in downtrending intra channel
Nifty Simba
5th wave can take NS below 5650
@master
if conservative trade reversed, what would be SL?
thanks.
Should not hv invited aishwarya for lunch.. Aaradhya now wants to go back to her mom .. Can amit ji save the situation now?
Above 420 Bank Nifty to go 460
@ anmpatel,
The corrective bounce limited itself to 0.618 of (a)@ around 5706 & (below JNSAR+20=5718) and is poised to break the sideways channel too.
Hence, 73.6% or 80% of the fall from 5714 to 5663 @ 5701-04 may be kept as SL.
You can also keep the JNSAR without filter @ 5692 as SL.
Namaste Ilango sir and all,
NIFTY hour chart - fast fall setup:
CLICK HERE
Nifty Day Chart:
CLICK HERE
Fast fall set up in Bank Nifty spot Hour charts also between 20 Hr MA and 100 Hr MA:
20 Hr MA - 10422
100 Hr MA - 10432
stock4/TA - not even "aaradhya" possible today chances are there this time to break "hawala" onceagain looks like but today or 2morow with gap down is my doubt and Q
oh....55/45 today itself kya?? and 65 aroud may be 3 pm candle close let us see
1-2-3 rule-- price of NF below 1. heavy downside possible
ತಿರು ಇಳಂಗೋ, ಹೇಗಿದ್ಧಿಯ
I am carying two minis shorted in the morning. Should I exit them now, or is Nifty likely to fall any further today?
ಧನ್ಯವಾದಗಳು
Hello Parimal,
If time permits , please explain about 1-2-3 rule.
Thanks,
Tushar
45 done - clapped
will 5637 hold?
i think more weakness below only it.
BTW, I made 25 points as per your yesteray's analysis and I am alreay 60 points into profit today. :)
Today i created a demat account with sharekhan.
Their manager called and ask me about my employment status.I said i am freelancer designer work like investor. Then he said we usually add trader and investor ( without office address) to unemployed category.
And he added me to unemployed. :(
As indicated by the Master, c target can be 5550 in short time frame
5599 calling looks like
sir u mentioned filter of 20 points on 5698 which is 5718 does that mean we have to apply filter even before takimg entry for Jnsar trades please explain dear sir many thanks
bounce bounce baby!
@Sujatha Sis,
I just want 5536.
sir can anyone tell me if they have backtested details is it better to take Jnsar trades intraday or EOD ? which is having superior returns ?
if close below 5651 than your 5536 will come
nilesh ji - bounce due let us see the EOd becoz NF done previous harami 5643 let us see how it's protecting
Premium of two points.... as if expiry is tomorrow.
@Prabakar Sir,
Fall in line as discussed ,any OI prediction
spot=fut, seen before when shorts are closing
though foreign markets were green it fell... fell matlab ki fell like hell :-) ;-) well here i will say indians sirf apni sunte hai... lollzzz
Today's Candle engulfing (Bearishly) - previous three days candles!!!1
Trading below Hawala!!!
@Balaji
If your account balance grows, he will ask you for trading advice/tips :D
All the best
Squared off @ +70 enough for my pocket money :)
below 5630 eclipse for all bullish dreams.
@satheesh
infact in sensex, the range of bar on 11th was broken on downside today...
The high-low of bar on 11th was..
H-18847.81
L - 18581.49
we traded inside this range for 12th/15th and today broken down...
@Karkisidd,
10 lac addition to Call OI for SR from 5200-6200 range. need to check EOD values.
Also need to see whether NS closes below DLEMA 5650.
On daily chart of NF 5DMA is giving a bearish crossover to 20DMA. cheer for the bears!!
@ Anil,
So-fun time for Bears !!!
DLEMA should be protected today. We just had a JNSAR short trigger today... ek bounce to banta hai pyari Nifty!
Dropping or trapping... bears?
@A.R yeee.. chay party !!!
@ ILLANGOJI,
if close above dlema 5650 than we should part book ?
@ Jay Shah,
Yes..i have back tested JNSAR data..and its best for closing basis.
For 2012 : No trade was lost when traded based on closing basis...
Examples: JNSAR whipsawed many times between March/April , June mid weeks and for Last 2 weeks and all are on intraday and not EOD.
Raghavendra
closing avg 5645.51 and rising.
@satheesh
donno...yes i m trailing now...
As Tech table, didnt seem to be in a mood of closing below low ema....so fighting going on...lets see..
Dear Raghavendra,
Most of the JNSAR whipsawed in the 4th wave. You may cross check with the date JNSAR whipsawed and the market view of master for that day...
I meant "Most of the time JNSAR whipsawed in the 4th wave"
cl av 5646.61
average closing coming around 5646.5 & rising
Dear Karkisidd,
And the diff bet yesterday and today p/c oi is increased by 15.25 lacs. If this value sustained at EOD then bears still have the hold.
Dear Satheesh
kindly check and verify if day chart of NF is making a falling wedge or not
thanks
will it close below hawala rate , 5649.5 ?
thanksdear raghavendra can u update ur email id please?
@ Anil,
Day Lema, and Contracting triangle are providing support now - both for Nifty and Bank Nifty. So I am cautious with shorts. If we are to consider the 4th wave possibility which Sir had given earlier - then this is the place for Bounce - when everything seems bearish!!!
Sir does the 4th wave possiblity still exists?
@chetas
lagata to hai...if close below it what next?
thanks.
bye sir ,senors and dear freinds
@Sourav Kundu:
JNSAR short triggered day before yday..
@ Parimal,
I do not have NF charts. I always update only NS charts.
@ Prabakar,
Thanks...interesting observation..on 4th wave..whipsaw
Raghavendra
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