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...
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ...
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Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
40 comments:
@ Shriram,
It is a cautious long holding 5585 for retracement of 5863 to 5566 fall initially and it could change to retrace for the entire fall from "6229 to 5566" also.
The month end close would have implications of "Evening star pattern developing in month T/F". If this gets confirmed, then the bounce is an opportunity to sell firmly.
Thank u master :-)
Good afternoon Master : is 3rd one for intra 2 tf??
@ golden ratio 5640 fr 5686 to 5566.
Trade Plan Update :-
Time to Follow & Execute the Plan:-
Nifty in Reentry Zone1 :- 5640-5650.
Safe Traders can stay away & wait for Reentry Zone2 ( 5680-85 )
STOPLOSS :- Max. 20 Points.
Is it good price to resell @ 5640 with 5660 sl?
H4[BUY]@5631 reached partbooking price@5651.
34 ema @ 5686 & HEMA @ 5693 ..that will be good pt to short ..
is BNF heading towards 11403? need to wait & see whether the expiry play started early!....
BNF, The 23.6% retracement of the fall from 12007 - 11107 comes around 11330...
correction
BNF, The 23.6% retracement of the fall from 12007 - 11119 comes around 11330.
master pl explain to sell firmly
5667-5638 - Gap area ...trying to fill it up??
Trade Plan Update :-
Reentry Trade Zone1 Trigg.
NIFTY Short @ NS 5650 | NF 5650.
STOPLOSS :- 5670NF
Dear Ilango Sir & Blogmates,
OI Table Update at 1:00PM, Pivot-5591, R1-5625, R1-5662, ATP-5608, VWAP-5608
The 5600CE writers of today are in a spot of bother now, more upside if they cover, the 5600PE writers are back, GAME ON!!!
Thanks & Regards
@ sandeep,
Wait till this week/ month end for signals.
Drastic Change in 5600PE and 5500 PE OI...huge addition has been seen 18 lakh and 16 lakh respectively.
Now highest OI shifted to 5600 PE from 5500 PE which was at 5500 PE in the morning.
Its really funny.. despite of moderation by ILANGO sir.. these People like Rajveerthakur are coming again and again.
5674 NF is the level... now I expect...for NOW.
Thakur..kata hua hath leke call de raha hai.
Sir
A st reversal pattern formed in the morning.
Stoch is showing serious divergence on day tf.
We may have crash and panic low in the making.
But we are near a significant bottom something like 5477 the last time around is what it appears.
expiry target : 5420
shuklajee agaya
reversal confirmed :D
@cooldent, expiry will happen on 5420.
@Cooldentbhai,
He is a lead indicator, Now onwards master may also think to add it in post with comments.
Shuklaji, just for fun. don't took personally.
@pankaj ji,
Konsa wala expiry wo bhi bata do :)
jigar... ha ha ha .. till is called hitting final nail on the coffin :-)
Wow Shuklaji Came... ab market ki Kahir nahi...:)
srry read till = this
@jigarji,
parso wala expiry. 5420 aayega aayega parso aayega....
Good afternoon alll
@nilesh sir
Hahaha
5673
protecting 5631
--> Master,
5waves from 5570 will end @ 5667-70 sir ?
ye to jo pichle week ka close tha na 5668, waha tak jane ka prayas hai...uske upar ek-do point bhi jana mushkil hai
agar nahi aaya to parso k baad shukla g nahi aayenge
@ Shriram,
From 5572.90, a 5-waves may be completing around 5665.
@gaurav ji,
aisa to ho hi nahi sakta ki na aaye. 5420 to aana hi hai...
New Post Done.
shukla g baat to parso ke ho rahe hai
ye to hume pata hai jab bhi 5420 aayega aap .........
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