Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
-
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...
41 comments:
Nilesh ji - some trades are my clue.(P/L)..some worst, some bad, some good :) hehe :D some times i applied "burnol" fully :P now the clue is nifty future 5845/871.. let us see. i exited my long yesterday itself. while nifty @ down everybody was bearish upto 5500..now all r with higher targets :) already posted what is there at budget high??? find out the speciality of candle and mail me ..
interesting tweet-
Abhijit @ap_pune
Thats a sign to be cautious in longs - 5700 ce high yday 168, and 5800 ce high 96..watch these
I expect some downside at least for intra from hereh 5829/40.....else towards 5950....
sir
ur retracements of time are simple and accurate.
the concept that time correction is done in an uptrend by downmoves and price correction in a downntrend by the downmoves along with time retracements is a great insight into the market moves and worth in depth study by traders.
thanks for sharing
5856 the UBB in hrly chart is the nearest tgt...
take care intra longs hit R1 5833
@Master,
As per pre market ur SL is 5845.
Now we are in OB zone and also near 4th wave tgt??
Can we take short??
Master : do you see -ve div 9 rsi
@rajiv malik whats interesting in that tweet
60 TF
ilango sir,
closing above 5830 approx will bring back in channel of line chart?
Now, will we play for a Bullish Engulf?
Not really, as again this is not in the demand zone.
@ vksoni,
Closing above "5850" or "26 dema" would make it into the channel in the day line chart.
sir, above 5854 down 1,2,3 count negated?
hello friends
nifty crossed MBB in daily chart and now stochRSI reaching 100(full momentum) a/c to Bollinger prices crossing MBB must touch UBB...at present UBB is 5999....great!!
also nifty crossing middle KeltC, will gearup if cross and close above 5900..Upper KeltC....
just a study indication...stay with JNSAR...
Thanks sir
@ rk,
At 5879, it gets negated.
I have taken 5854 as (b) of 2nd/B.
@master what is the stoploss for conservative longs now...thanks
thanks sir, that means with wave 4 only wave1 low matters not the lower low made by the corrective 2nd wave. importent lesson!!
@ hbk ,
There is no conservative "Long".
The conservative Shorts got stopped out.
The buy level missed by 11 points.
We should rework it tomorrow.
If longs taken, keep 20-25 points SL.
friends
sit tight...9AMA is turning up......s/o consolidation over and trending move starts...
any option experts throw some more light??
@master
if this upright is abc then c may tgt at 5966 if a=c...m i right??
@Amol Sharma,
This is not bulls getting crazy.
This is hard core bears, who refused to recognize accumulation and capitulation three days ago, running out of patience and getting head over heals to cover now.
what is closing average?
@anmpatel ji
Level you mentioned is of about NF or Spot level??
asking for observation/study purpose only
Mis-calculation by bulls , They thought Today is WeekEnd and put full force in last minutes.
Spot 5950 intact
@ anmpatel,
a=165
c=5804+165=5969.
thanks you master,
@NI3 all levels are SPOT.
@ anmpatel ji
Thanks
ilango sir,
Why c starts @ 5804 , Why not 5801.3 (Today's low). Although small difference.
lo dosto
jo kami thi vo bhi puri ho gayi...hrly stochRSI is also 100 now....with daily 100 and weekly is just about to triggered!!!
5796 to 5896 JNSAR thanks bye all have a nice time.
master when to say that 4 is negated
bas ab 5879 hit ho jaye....time's up ho jayega kya...
are re...1 point new high ban jata to ye 4 ka khatra tal jata..anyway god is great.!!! so is JNSAR. bye friends. work to do.
have faith in master studies and u will be fine.
Post a Comment