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...
48 comments:
SIR PLSS TELL ME HOW I DRAW HOURLY SCOCHASTIC 35(D)........... I DRAW HOURLY LEADING (3.5.3) & AS WELL AS (5,3,3).PLSS TELL ME HOW I DRAW HOURLY SCOCH 35(D) ON MY SHAREKHAN TERMINAL................... PLSS HELP ANYONE................ITS VERY MUH HELPING FOR ME
JNSAR double century @ 5705NF - waiting
Sir - 11315 also breaches on BN. What is the next support level?
#Notable Prices#
L3@5708 & Hr.Low.EMA@5721
Sir,
now.....
5971 to 5792 fall took 19 hours.
5946 to 5706 fall has taken 20 hours. - Almost equal.
There are two possible corrective scenarios:
1. Holding 5715-20, it could rise towards retrace of the last fall--WLEma/DLEma. Capturing LEmas @ EOD is crucial.
2. It could fall towards 5690 and commence a bounce.
This is meant for "Intraday traders".
Below "5735-40", weakness continues.
@Julius sir, and Sujatha sis,
It's your turn now. i think. also master is indicating something.
5745.00 5692.75 52.25
5705.08 5712.61 5718.88 5725.04 5731.21 5734.55
5725 is important first
when will be consider faling wedge breck out?
sir u r rishi valmiki he wrote ramayan and u decide the market market gv bounce at 5690 as u said
@Nilesh Sir,
Yes. :D
NS has taken support as S1, and the last downside gap since budget day also filled
Ilango ji,
Is today's pattern playin out as an Xpanded Flat ?? c in play now up ?
@ J R JULIUS Sir,
I have no words to express my thankfulness for your rich & valuable
educational reading materials.Really I feel, you have increased the
width & depth of the blog to the extent,any knowledge hungry trader
need not to search or visit any site. I wish occasionally some or the
other trader should appreciate your sincere efforts.Thanks lot for all
well done.I request & hope you will continue the same way.
By fibonacci
nifty int res 5758.
NS Chart
One more Res 21EMA@5755
http://www.mediafire.com/?ogcvee7pum5nm1z
By fibonacci
nifty int sup 5673
may tuch.
where all the OI updating people???????
Alert for BULL SCALPERS:
Closely watch - whether fail/continuation.
current 30mins BAR becoming Pin Bar[SELL].
http://www.mediafire.com/?uajdssqtxdjnxxb
@Mr.Nilesh Sir,
Take the Wheels.
PA Followup:
If current 30mins BAR NS Break 5726. Its PIN BAR failure in other words the pin bar called Aggressive pivot Bar. 5726+ continuation. Currently in indecisive, till reaching 5726/5707.
@Julius sir,
Banknifty supported by weekly TL. but bounce is not impressive.
Reached 5707
PIN BAR CONFIRMATION
@Nilesh Sir,
yes. thank u
Seems 5700 can not be saved today!
@ julius..details about pin bar plz.....
@Julius Sir,
It would be much helpful, if u r kind enough mentioning the source of the 30mins chart.
coz, i m afraid to say no such pattern in my charts.
thanks
@ nilesh ji,
What is the health condition of Mr. Rajendra Shinde..? improving.??
@Mr.Gauresh & Mr.Nilesh,
What happened to Mr.Rajendra Shinde?
Pls reply.
j r lulius.....
hitting sixers... but u should win the match... my cheers are for u...
Jullius,
If to be cathed 1 hr then what will be the lvls for PIN Bar confirmation?
Thanks.
@gauresh sir,
He is ok now.
@Julius sir,
He had accident. now hospitalized. One Leg fracture.
@ nilesh ji,
Ok....thanks
@Mr.Nilesh Sir,
Really sorry to hear.
Hope he will be better soon.
Will contact him.
Regards
"really thankful " people are back again,
i welcome these guys as they add more humour ,
but currently we have enough of political humour and rumour, so please come back on NR 4/7 days
:))
reliance infra has broken all the lows of 2005, 2008 & 2011.
OI addition in PE 5700 and PE5700 > CE5700 intersting now.
The charts say - "If falling wedge, Bullish" , what is a good target to buy if that is the case?
Anand,
Rel infra 2008 lows was 353, 2011 low was 341, so not yet broken
EXPECTING A LOWER low in nifty today may be near 5678ns to form pt 5 of +WW pattern
trgt 5740ns till tomorrow
cmp 5706ns
@ chetas
yes not broken rather taking support at these levels.
New Post Done.
TataSteel: hourly chart is about to make a double bottom pattern.
NF may be at 5693-5671 down the line.
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