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...
31 comments:
Julius - mm...very good one actually the 4 Nos. atleast this hr 16/25/30 like that is good for another drag down i feel ..empty hand earlier supp. it should touch atleast once but not a rule..
@Sujatha,
Yes... Not a Rule.
Im in south tn- No Rain - No soodana vada, bonda, bajji.
number of messages/posts decreasing. is this BULLiSH for Nifty???????
Nifty giving so many DOJI, people looking for BAJJI :D
@rajapvt, Lol..
Julius - u r n south... so that nifty too :) nifty muzhikera muzhiye sariyella... OOngi adikaporannu thonuthu
@master
please check mail. i respond your answer. my query was diffrent. have a look in excel sheet when free. sorry for inconvenience. thanks.
@dear parimal,
NF trading its near high of the intraday.OBSERVE IT.
@5616 done, waiting for 5625/30...
Sujatha,
Hr Annathe avar kadamaiye mudichathum, nifty original mugathe kaatalaam.
hope this s enough for bulls..crossover of 30 may drag to 45/48/61.. hence let it stop i feel
Good afternoon sirs,
Nf premium decreased.!
:-D Not enough, hourly chart still strong for now
Nifty premium was about 34 in the morning, now it is about 20
My Dear madamuniramaiah
yeah, sure, watching very closely
thanks
today closing above 5610 may drag nifty towards day JNSAR tomorrow
It is most likely that Month would end above 5604 and thus keeping major uptrend intact as well as confirming this 4th wave.
Now the attempt would be to close above DLEma-5617 as a first step towards a pause. If fails, a new low would be possible this week.
Nifty future has increased again to about 31
Good Afty JN family,
Suja, am doing "ghor tapascharya" read bull hibernation, praying for trend to Bend ;-)
10 more points nifty!
Welcome @Shriram
3.00PM TT & Chart updated.
Good afternoon to all : Master will it be prudent to take short @ fibo 38.2 @ 5624 with sl @ 50% @ 5639 thanking you
AFTER TWO DAYS OF STORM SHUTDOWN OF TRADING DOW futures @60 points +
@ Atharva,
A most likely close above DLEma brings in a pause.
21 & 34 hr smas would be right at the "earlier supports of 5634-5652 zone".
50%-61.8% retrace is @ 5637 to 5649.
@ Atharva,
How markets will open tomorrow, I do not know though many would predict & play.
The idea is: If you short @ 5620, your SL should be 34 Hr sma or 61.8% retrace.
OR you could wait out and take a trade tomorrow.
thanks a million dear sir , and all seniors and freinds for their inputs , bye .
Thanks sir
@Ilango
As you have said, will the close below 5617 can be considered as follow up confirmation of yesterdays downward momentum (though may be just for short term).
@ CDG,
We consider always the average close. And Yes to your question.
Master @ Thanking you ..could not reply due to connectivity problem
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