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...
54 comments:
sir - i donno the pattern, but know 25th june DOJI high is 5666 yesterday nifty closed above that and 20th june gap high is 5755. it's easy to follow some impt. candles high and low and dates" than the pattern (this is applicable poor knowledge people like me) vice versa for resistance too.
PS : my absent time gap "filled today" :) :D
Follow the prices....above "5716", week pivot, strength towards 5815 & more and weak below it. sir ILango ji charan vandan to you for such a golden words thnx
Trade Plan Final Update :-
Partial Profit Booked.
(NF- 5815-5765 = 50 Pts).
Hold remaining as a positional trade.
amit - so any figure can you give about today's closing level. It would be really appreciated.???? !!! why u want to give it to your clients?? :P
Julius - mm.. boss is "out" :D
gauresh -ji - thanks a ton...i am making as "ladder" and trying to climb
Master,
to simple eyes
a/i 5567 5666 99
b/ii 5666 5580 -86 -86.9%
c/iii 5580 5819 239 241.4%
What obsv would help take this lable as hi-prob iii done ?
Ns @ 5819...where is that gentleman (?) hiding..
@ shriram,
iiird wave sub-divides:
5580-5662-(i)
5662-5631(ii)
5631-5819(iii)-this to be confirmed yet.
Keep 5631 to 5819 retrace ready.
Suja Sis - Yeppo NS ah dhopppunnu keela poda poreenga nu mundaiye sollidunga...yengalaiyellam patha paavamma illaya :P
@Sujatha,
Yes just back... :)
@Blogmates,
Bye All...
@master
yesterday's JNSAR 2 lot long. as nifty is trading above DHEMA.
pl guide can we hold both lot till nifty could close above DHEMA? or 100+ point partbook advisable? because there is difficulty for me to reenter swiftly and again partbook. if u can suggest any better method from TT, I am sure many readers will found it helpful.
thanks for taking care of us.
Thanks Ilango ji
Dear Sujatha Sis,
Pls ignoe such comments...as these comments have made from a bulk commenting software.
And the commenting language is such that it would be like a real comment.
I know these things... coz I am blogging Professionally since long time... and I know they use such things... for SEO .. and backlinking purpose.
retrace table for novice.
http://postimg.org/image/48lkrbosx/
Nifty crosses 200DMA at 5815. Bad news for bears !
@ Prana Swaminathan
sir ji.. so soon did you called it a day!!!
jai ho..........
-WW not longer valid..
pattern players hold ur horses...
I'm an intra day bear. I made my money in the morning itself . Will short again at 5865-5900 levels .
@ anmpatel ,
Partbooking @ 5828-5870 zone is alright.
There could be corrections along the way.
It is your choice.
have any on ever thought why there are 1-2-3-4-5 waves for Bulls and just ABC for Bears?
There is a very simple answer to this according to me.
WW pattern achieved.
Nifty riding to achieve golden ratio @ 5900 (aprox).
Gold back riding to achieve golden ratio @ $ 1150.
regards
Prana Swaminathan said...
I'm an intra day bear. I made my money in the morning itself .
====================
Can u explain how u did this ?
@ Prana Swaminathan
you mean to say that you published a bad news to your self hahahhahahahah
suddenly flashed
above "5716", week pivot, strength towards 5815 & more
above "5716", week pivot, strength towards 5815 & more
above "5716", week pivot, strength towards 5815 & more
more & much more.
more & much more.
DR: The strategy is to short weak stocks in Futures in a strong mkt. I shorted Centurytex and Indusind bk when they opened high and covered with handsome profits. I also shorted Relcapital but covered early with little profit.
jai ho.......
bulls are trying for 5850 (monthly 5 ema) possible
BNjnsar hit today morning only. 200 points done. But who is watching?
@master
one more
can we use hrly jnsar to partbook and reenter, in line with main trend? like now DJNSAR is long so partbook and reenter only long trade...till DJNSAR short trigger. if yes then how? on closing of hour or live with 20pt sl?
thanks in advance.
according to me in an intraday,
1.who ever made money today are experts!
2.who ever waited for opportunity are on going experts!
3.taken small chance with 1 SL and kept away are good/aggressive trades!
4.blundered with desperateness are novice!
Ps- all that i can say is, today's market increased my calories hahahahahhaah
Prana Swaminathan
Dont act funny here,
You said " Will short again at 5865-5900 levels ."
u never talked about stocks
and ur strategy
The strategy is to short weak stocks in Futures in a strong mkt.
Is flop strategy from its name itself
Bulls on steroids...
Weekly:
Bullish engulfing
LV
this is the adrenalin secreting rush by bulls...
DRJI jara sambhalke...manzeele aur bhi baki hai..
COOL Down DRji....
SAM
cooling
http://oddstuffmagazine.com/wp-content/uploads/2010/05/Chilled-Beer-is-what-we-need.png
DR: I don't trade in Nifty , but use its movements to track stocks. In a strong mkt weak stocks also rise but will fall more when Nifty corrects intra day. I shorted Indusindbk at 465 at 9.15 and covered at 459 level . One lot gives a profit of 500x6=3000 ! Got it ?
Histo Div. on Hr S.MACD...
but whole day went sucking thumb lookin for a pattern that never came.
Have a nice weekend all, bye!
ya allah!! iska kya karu?
Prana Swaminathan
ur doing it wrong
travelling by buss and carrying Railway time table
exited at 5840 and bought some put for monday cooling...
take care all
Cooldent,
Kachua Jalao Machar Bhagao...
DRji,
For COOLING IMAGE....
"Access Denied"
SAM
first you have to use dermi cool. then access page :D
@CD...
I think I m a BACHHA .. so access denied.. to CHILLED BEER...:)D
Bye all have a great weekend :)
mmarketman
Plz avoid here
whats all your grievances are will be addressed
you can mail me.
Hey mmarketman, if you really want that people should listen your words, probably you have to disclose your trade plan here in this forum and show that you are making consistent profits, then only people can take you seriously. Else you should have understood by now that none of us here are interested in your comments. Also you are not a guardian of anyone here that you are bothered by their losses.
You are wasting your time as well as ours. Everyone here is much qualified and mature that they can take their own decisions and to accept their loses.
Everyone should understand that none of us are compelling anyone here to do trade based on what is being discussed.
Please help by not creating nuisance and disturbance.
Ashutosh Agarwal said,
bulls are trying for 5850 (monthly 5 ema) possible
how is it? is it 5MLEMA, 5MHEMA, what is it?
DR: This is a time tested method. A bear makes more money for 2 reasons. More people are bulls than bears. So the rise is slow but the fall is fast. Your analogy doesn't make sense. I don't hold position for not more than 30 mts. Thus there is no tension and I get to sleep every afternoon !
:JNSAR" JAY HO !!! keep going. one of the best bull day which one I fully enjoyed thanks.
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