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...
10 comments:
close below 200 DEMA what next target ?
28th Expiry is such a Huge Number.
Daily close,Weekly close,Monthly close,financial year close,Expiry.
Usually Month trend is down as on Feb end and usually marked complete of 13 months of bullish trend.
Now During change asserting months usually marks deeper moves in direction of month trend.
Jan 2008-may2009- Bear run(recession) -16 months
May2009-Nov-2010 Bull run -18 months
Nov 2010-Dec 2011 Bear run -13 months
Jan 2012 -Feb 2013 Bull run- 13 months may be top made at 6112
Master can add his views about this.
Sir,thanks for clearing my doubts,r u commited? Was the best questions for me.I am working in pvt company and could not giving my best to trading so finding difficult to follow so many studies,many time I decide to follow JNSAR but often distract by. Crowds,i had more success rate when I don't know the ABCD of trading than now when I follow so many study but confused lot
Amol Sharma M13 Ema-5592
hummmm
I fully agree with satish.If you know more things you cannot succeed.This is the lesson I learn t.
closed below 200 D EMA??? can anybody confirm?
hiten - thanks a ton for your concern and i am very thankful to Sir as he too mentioned clearly.
yes 89 EMA has almost given 200 pnts. (pls. note this is for mid term view one can buy above this @ each and every downside move vice versa for shorts) now my EMA system is in aggressive buy mode as it has not yet given decisive penetration and i have charts for the system nd the target is very huge. hence i am expecting one strong upside move based on the resistance level i will change my mindset.
PS : If my SL hits i have to bow and take :)
As per chart http://chartink.com/stocks/nifty.html 200 D EMA comes to 5670 .Please check up the link.The 200 D SMA is 5611 .
Namaste Ilango Sir & Blogmates,
Bearish: Bulls got a golden chance to comeback, but the Bears just decimated them with another close below 5700. SMR just above 20.69, time to be cautious with new shorts..: Option Analysis for 21-03-2013
Dedicated Option Open Interest Blog
Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
sujatha.
nifty below 5570 this month 5293 target.Below 5570
this wave is 3rd of third.
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