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...
42 comments:
@ ilango sir,
it may be possible that 2/iii had ended @ 5917 and we are in
3 / ivth?
if yes , than what point we get we are in 3rd (above 6032 ist low and
80% also)
with thanks
Till now, hourly close above Pivot Point except only one hour. It means more strength for the bulls.
common bulls.....
burnol @ 5930-33, u know what is needed, just do it ;-)
market using fevicol,,,,
Those who went short on BHEL from my message can close their positions now.
Master,
Your valuable comments in this 5950 -5980 range. Is it no trade zone?
Above 8 lakh shares open interest added in 5900 put strike that giving some strength on around 5900 level.
On other end bears trying to protect the 6100 level, above 7 lakh new shares added on 6100 call option according to live Visualize Nifty Open Interest Chart
@rajapvt,
Thnx, able to access,but cant understand any,please through light on this
ilango sir
previous method of working more easy
https://securecdn.disqus.com/uploads/mediaembed/images/510/1746/original.jpg
amazing chart to my eyes
Dil pukare aa re aa reeeeee!
at last my wolf barking.........hope it turns into agrowl....'19 is close
2.30 and Nifty does a Thud!
BankNifty is nearing L3 to book profits.
H4 - 12499
H3 - 12451
H2 - 12434
H1 - 12418
L1 - 12386
L2 - 12370
L3 - 12354
L4 - 12305
'30............now ego trip ...is it? waiting for another 10 points
if close below 5910
5-34 ema crossover on day downside
not good for bulls
@Piyush Sharda.........@Shriram.......That pattern ultimately did work out after all
Conservative sell triggered as 80 % retrace (5930 NS) breaks down. Sold @5944 NF. Should target now 5860 NS. Now SL is if moving above today's pivot @5056 NS.
100DMA comes at 5894 (NF) strong support zone
@ Pattern:
that is an awesome chart, so next 10yrs onwards ??!!
CAMARILLA levels works better even when market is calm & Chappy.... :)
possibility of a downmove towards 5880-5900ns to complete pt5 of a+WW pattern may be till tomorrow
and then expecting a move towards 6356ns and more for trgts(pt6)
Retest of Dev.WkLo
now the +WW gets complete on Day candles?
Nifty CAMARILLA levels
H4 - 5991
H3 - 5965
L3 - 5913
L4 - 5887
Ready to book profits or trail your SL.
Master,
kindly update3pm chart plz
Jai Ho...
@Ashish Sankhla
Good site with required info. How much delay in updating these OI details on the site?
hello sir,
I am following this blog regularly but I can't understand properly how to trade with jnsar please illustrate in easy way
Nifty is closing below 55dema......
Shriram
you mean to say 5th is done and 6th up may take up
Revising Stoploss...5980...5-D entering sub-20 levels
We ll exit soon(maybe tmrw or day after), when 35-D shows signs of UP trigger.
-------------------
Yogi's Pre-Market
JNSAR Trend : DOWN (I plot Daily JNSAR graph for underlying trend)
Entry : Done
Exit : When daily 5-D is below 20 and hourly 35-D triggers up.
Stoploss : 6010
---------------
Regards
Yogi
JAI HO... THANKS ILANGO SIR...
@nifty simba,
kudos to you for locating bearish ww,when everyone was thinking of a bullish ww.
Hello
Newbie experience
Knew what to do, was on it but couldn't control my emotions ! bad trading day , i guess long way to go for me
question
why pivot trading method from start of the week and if we go by JNSAR do we keep pivot trading method R1, S1, R2, S2 in focus or completely ignore it when we trade based on JNSAR figure. i dont mind self learning but if answer can be provided well and good.
Rrgards,
Poonam
@ Nifty simba: good show!
@ parimal dada: yes sir, either here or one more dubki tomo , lets c :-)
@ Anandha
These open interest charts data updated in every 5 minutes.
dear shriram,
"now the +WW gets complete on Day candles?"
would you mind explaining the above.
does it mean the +ww completed at todays high,i.e5981?
@nifty simba congrats for a good trade
viralp rana,JNSAR SYSTEM
The simplest way to do SAR Trading is to mechanically "Stop & Reverse" your positions as the SAR number is breached.
To avoid too many hits to the number once it triggers a buy or a sell, we keep 20 points +/- to the number to manage the trade.
Today's JNSAR is 6121 and Nifty falls below it, you sell as it breaches 6121 and keep 6121+20=6141 as SAR to go long for the day; If it crosses 6141 during the day, then keep 6141-20=6121 to go short during the day.
We have seen only on few occasions JNSAR gets triggered twice or on a very rare occasion thrice.
Coming back, After today's JNSAR shorts, the next two days a filter of 20 points is added to JNSAR and the position is managed.(For Longs, 20 points are deducted from JNSAR & managed for two days.)
You always take a minimum of 2 or 3 lots on every JNSAR trigger and part book 1 lot @ 50 or 100 points, the 2nd or 3rd lot is kept till JNSAR reverses.
As you understand the markets through our Tech.table with its combination of colours and implications, you'll be able to fine tune your trading.
JNSAR is a good number that will capture the trend early on.
Last major long trend was triggered @ JNSAR-5563 when NIfty was rallying from 5477.
Current major short trend is triggered @ 6123 when Nifty started to fall from 6229.
Hi,
I have been away for work in last 30-40 min. I booked out my trade before going away. I became bit fearful to hold the short as it was executed @ lower level of today (@5929 NS).
Not sure if I did trade in the right or wrong way but definitely I deviated from my trading plan :(.
Will try.
Need to work more
@ Ilango sir,
Could you please guide me to a place to understand how to make an excel to make auto feed of prices ? I tried to read the article labled "live feed to excel". but could not find anything useful there.
http://tradeinniftyonly.blogspot.in/search/label/live%20feed%20to%20excel
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