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...
43 comments:
will there be bounce now? pls reply,very worried..
Cyprus & crr cut over, now govt at stake. now what ahead. down or up who knows. i think gap still exist at higher level. has to be filled up to go for long term downtrend. maxm upside target now at present is 5880-5900.
@ akki_tank007,
80% of fibo table coincides with the redrawn daily channel support @ 5725.
EOD closing above LEmas too suggest that "if a bounce has to happen", it should happen today, holding above 5725.
These suggestions are meant for "Intraday trading" only.
Master,
Below Dev.MnEMA & WkLO , how to view the Ew lable option , impulsive Big C down or corrective WXY ?
Ilango Sir
Will larger t/f (month) come into play?
Confirmation below 5725?
harish:
"When it doubt get out,
Thankyou a lot , i did that, had my alu paratha,
came back after RBI and listening to DMk cheif
speaking and shorted, and now out.
:))))))))))))))))
*clarifying
Ilango ji,
To reword, once trading < Dev. MnEMA , shud we give gr8er credence to MT down-trend indicating EW lables ??
How do u evolve the view sir?
Ethan - The below mentioned is for you - select first No. 7 then choose your method whichever is suitable for your personality.."practice makes you perfect"
Always Start Trading with these
1. Trending or Sideways.?
2. Pivot, support & Resistance
3. ORB
4. Divergences + / -
5. Trade time cycle-Min/Hr/Day
6. JNSAR Trading method
7. Trading Discipline
8. Tech. Table Reading
all the best for your bright future.
Mr. Karunanidhi may say "OK...for the benefit of people our party will conduct general body meeting and decide" huh..what will happen??? mostly he will not "give up the posts" @ centre let us see..these r all quite common between congress and DMK always..no permanent enemy or friendship in politics..
Thanks sujatha and pls reply to my mail i sent you on friday if possible...
@Sujatha sis,
Nifty obey your words. now what? :)
ethan hunt,
please mail me.
Nilesh ji - lolz :) 5860 shorting area hehe i know that has to touch (namke vasthe) by the way u want for short term??? or positional???
http://i.imgur.com/xobOuTU.png
http://i.imgur.com/OlW4tdU.png
23 ம் புலிகேசி தர்பார்
5755-5780
@ Shriram,
As long as it trades above 5725, a potential "C" wave up towards 5970 & or 6020++ is possible in the next few days as a bounce for the fall from 6112 to 5664.
Break below 5664, would be almost like move below MLEma(5659) would lead to the next phase of the larger move down.
Until EOD prices signal a pause, the reversal possibility is not there.
tks master,
am referring to IM Degree {C} Impulsing DOWN from 6112 , tgting sub 4.5K sir.....
Shudnt tat gain Top priroity now ??
@Sujatha sis,
Short term and positional both.
@ Ethan
JNSAR trade so far has given 150 point in Nifty...... :-)
Where is your focus ?
Stay with JNSAR and Master..
@Mr.Rajapvt,
Nice Charts.
Thanks.
As long as it trades above 5725, a potential "C" wave up towards 5970 & or 6020++ is possible in the next few days as a bounce for the fall from 6112 to 5664.
Sir - "matching with my nos" but i think market may volatile upto expiry becoz biggies may pull down to enter at lower level then upmove may come in april which is mostly "market friendly month" :P (as usual ulta pulta thinking ofcourse with little TA) any possibility to happen like this sir??? tks n advance.
PS : keeping my eyes on APRIL CALLS
@ Shriram,
It is possible that the corrective bounce could have ended with a truncated "5946".
a=5664 to 5971;
b=5971 to 5792;
c=5792 to 5946.
Break of 5725 would confirm the impulsive wave down.
Yes. For a positional trader, the month trend would be significant, especially with a holiday(2) filled last week of this month.
manish don't be rude @ ethan after all we get our pockets filled by new traders,
@ ethan just follow one method or follow follow JN, if you don't enough capital to take few SL before profits comes, stay away from market get enough capital and do some study mean while
nilesh ji - mail sent check with ur charts (for safe side)
@ Chetas
Decent Trading Rules always pay for Smile-plus Expenses.
Still lot of time remains for dinner expenses.
Ilango sir...we had 3 waves up from 5664 to 5971...so we can even have flat ..in that case 80% will be broken...and one more bounce will come..thx
@ bizagra,
It is another possibility. Depends on how the larger T/F prices close on EOW & EOM and how the respective technicals are positioned..
By fibonacci
nifty INR 5777 SR 5809.
RIL; hourly chart shows a small positive divergence on Stochastic Indicator
Arpit S said...
A 6112 to 5879
B 5879 to 5971
C 5971 to 5664
D 5664 to 5971(or todays high as time wise confusion)
Now a range contraction
E 5971 to 5792(If D completed at 5971)
F 5792 to 5946
G 5946 to 5861
sorry new neo wave student.. so dont know about time guideline for EFG..
March 15, 2013 at 12:38 PM
impulsive nature of the move from 5906 suggest that new down trend might have resumed.. master it would be really helpful if you could confirm this.
Hallo all...back again.....March Nifty Future..Updates....5732 imp..below that 5712.....and then 5672.....
@ illangoji,
nifty was floating around wlema - 20,
can we buy a counter buy with s/l of 25 points.
Karunanidhi......Yawwwwwn...yawn...awwwn...awn.
Best solution is to invite all tamils in Sri Lanka back to India legally to live an honorable and decent life with dignity. Leave Sri Lanka to the descendants of Ravana!!!
So many bangladeshis, nepalis, pakistanis, maldivians in India entering illegally and getting all sorts of cards including Aaadhar. Then why not Sri Lankan Tamils???
Very simple nonviolent peaceful solution.
sir ji,
what factor/s to be looked into to
know whether price will go beyond H4 or
continue to fall below L4.
thanks
congress government will not vote against Srilanka as we have sent troops to fight against Prabakaran.On the advice of big industrialists congress government has sent troops.Srilanka Government knew about this.Dmk is making a drama.Tomoorow they will come with different statements
2 crore addition in open interest in nifty march fut. is it indicating some big moves coming in next few days??
--> back
tks master... ABC is doable to no doubt as Bizagra says , but this is where the doubts arise, once Dev. Mnth & WkLo has been impulsively broken
which count gains priority !!
30 billion dollars of US and EU money has come in this year and that money will not let markets to fall so easily.
I think most probably DMK is short in the market.
Jahannathan you are correct.
For BN 11420 imp
New Post Done.
sometimes if 30Bn$ has come into our markts, then why are we still below 6k level, if they exit what will happen???????????????
@SBSB,,YEAH THEN WHO GAVE THE FALL???
these people now go on acquire it till the satiety is over and all the stocks are thrown out by public,now they know how many are still wth ressistant guys and take it to still lower till those stocks are also available for them to buy.THEN ONLY THE MARKETS RECOVER
now the game goes on.this is ACCUMULATION PHASE(.AS THE DISTRIBUTION PHASE IS OVER)
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