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...
53 comments:
♚ 5888+
♚ 5866-
wanted 17 points more
nifty bhai abto shaant ho jao.
BN is a deep cut ... a reversal looks difficult.
Julius - lolz :) naan manushi ..answer - egg first or chicken first??? downmove first or upmove first???
nilesh ji - am comfortable with some impt. candles instead of pattern. check january 17th (i think) that is piercing candle almost low is 5988 check the high...i done short based on this too it has not taken out and not able to cross and the line coming from 6112 to downside is 5991/5971 both are failure sofar. will try to send chart time permits or else check chart nearly 3-4 months. (spot) dont forget the budget high..it's nearby breakdown will give more falls..it's matter of time nd find another importance in the candle JNSAR nearby ...sure all after some time??? for short term am with 5899 on higher side for bull downside is below 5878/883 this 883 is recent low of the breakout candle check chart (hope as much as possible i confused) :D
Now BN spot 200 points down
julius - 1 4 3 nifty??? hope u know wat it is?? hehe
NDTV Profit: Build a company like Infosys, lift people out of poverty: World Bank president
Nifty made 5865.65. clearly intending to gravitate.
Whatever the outcome the upmove from 5663 cannot be impulsive. Hence a corrective even if it would go up from here.
On the flip side everytjing is ready for the bears. they could make it into a mpulsive downmove from here.
awaiting for ns to go< 5860(d-lema)
Shriram,
NF 5886 is the midpoint of 5815 pivot and 5956 R1, , since broken, i am with susiter, to short for trgt 5815 Nf, Sl for me is 5900nf
oh oh
gone...
nilesh ji - wow my morning dream JNSAR on the way??? budget highhhhhhhhhhh
Its done...5850.....
@Sujatha sis,
I have a bear dream longterm lower TL pls. :P
@சுஜாதா,
//egg first or chicken first??? downmove first or upmove first???//
2 லெவல் குட்துடோம்னு வச்சுகோங்க எந்த பக்கம் போனாலும், சொன்னோம்ல-ன்னு காலர தூக்கி விட்டுக்கலாம். :P
tomorrow inflation data
may have its effect on RBI montary policy and thus nifty may move on some anticipation
if down below 6% then some possibility of aggressive rate cuts
owise ?????????/
hello friends...
i am back..
bull ki to vaat lag gai.....!!!!!
@master
now what will be invalidation point? 5980??
learning EW that why confused.
thanks.
julius - hehe :) politician madhiri
nilesh ji - sure...gng out urgently...will try to send mail as early as possible or will wait for this will send @ week end.
bye for the day
@suja sis
bas ab ek hi khwais....no ulta trade!!!
5835 hit ho jaye...my weekly HA open-low same should also break and TT original JNSAR is also 5835...
chhoti si aasha...
@Ilango
Your views would be welcome...thanks
Bank Nifty has broken 12900
&
Also below JNSAR 11910
s4S,
inflation is on friday or tomorrow, normally it comes on 15th
Still lot to come
@nileshji
kasha kay! changle?
baut din se vartalap nahi hot..
Dear All,
All OFM Puts are up 60-75% with huge addition in last 10hrs of trading.
Its for everyone to guess what the Smart Money has done.
Regards
Respected Sir,
Good Afternoon.
Now after 3 pm which Jnsar has to be considered 5858 or 5835.
lets forecast some tgt for this wave
A 5971 5894 77
B 5894 5944 -50 -64.9%
C 5944 5850 94 123.6% ** done
C = 1.382A = 5838
C = 1.5-1.618A = 5829-19
inflation is tomorrow
@anampatelji,
Sab Thik hai, aap khi kahi najar nahi aate.
Closing below 5885 would confirm the evening star created yesterday on daily chart.
Shriram,
can it be like this,
abc - 5971-594
where
a, 5971-5937, b ( irregulat, 5937-5956-5931-5953) c
c a fiver till 5894,
then a X wave till 5944,
then a down till 5970, then b ended at 5893.55, now c down
@nileshji
yep, now a days very very busy long list of procedures and also inspection of hospital for NABH (national accreditation board of hospitals) is going on. so not getting time to study...
nifty at 100day ma... and last low of 5854 ...
correction,
then a X wave till 5944,
then a down till 5870, then b ended at 5893.55, now c down
Chetas,
yes WXY is an option, the move seems channeled in Hr T/f .. more suited to a simple ZZ
also, my understanding based on Ramki's "practical EW" book is Gaps generally happen in wave C / or wave 3
co-relating the 2 , ZZ or new 5wave DOWN are more "probable" options
Fire may guide u more, i hv not been able to employ theoretical EW to market wid consistent return yet
thanks shriram
@ MASTER
As JNSAR in chart mentioned 5858 , If Close is bellow 5858 would be it suggestion to carry short or only 5835 ( Todays JNSAR ) to watch for ?
@RishiM
your observation seems to be good.
closing avg pls
Bulls are coming to hope mode, 5800PE unwinding started.
RishiM, 3rd time NIfty got resisted at 5970. Crossing 5970, Nifty will zoom is quite natural.
average closing near 5854
below hr low ema, near day low ema, at week pivot and below D-JNSAr, and below tomorrow pivot
Sir
bears want shorts and not long (ele)pants!!.
.
Nifty is below 100 DMA at 5857
average close now likely below 5853, below the day low ema, pivot, jnsar
@chetas
i.e. also below
5, 10 , 21 and 34 Day ema
To All JN Options traders,
Today we had good interaction and views on Option OI.
There is contra view by Emkay on this. The article is available on following link. This was surprising !
http://www.moneycontrol.com/news/market-outlook/fiis-buying-index-options-is-repeatsept-2010-possible_837671.html#toptag
@Sujatha How come you say market gives Gap down opening? What makes you to think so? Knowledge is power, so I like to know your view and the reasons which made you to think so for todays market.
Sir ji, Small request to stop all advertising messages here. Your efforts are marvelous educating all of us. But few people still looking to market some non-sence information.
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