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...
56 comments:
@ Sonu,
When prices broke 7638, 2nd view takes prominence and gets confirmed when prices broke 7626.
Monitor the retrace from the fall of "7660".
dear ilango sir price are hold last low o low
and week trande is up...80% is 7610
Sir As per pre market post when this to be relate @ end of the day or during market hours 'Conservatively Holding above 7609 uptrend continues...'
please guide
@master
my question was about the first chart...when macd triggered in hrly t/f and if we take tread in line of daily t/f what should be ideal SL? incase of volatility?
thanks in advance.
BN completed 61.8 % retrace of 15293 to 15600 @ 15407... can initiate a long with strict SL at 15392.
before i post it 15392 gone... also BN SAR clicked... time to hold shorts
7670 to 7610 5-waves done.
Dear Sir,
Minimum target from here - 7570?
@Ilango Sir,
Thanks for clarification.
One more question: Do we already know the form of this corrective from 7700?
hi to all
fractals at play??
5th extending...
near 7598 is support of T/L joining lows of 7580-7589
BN 5th may have completed around 15309.. time for retrace upto 38.2% @ 15420
Pre-Market's Resistances -7673-82(7679)
to
supports 7589-94(7594) done.
7623 7632 ... is 38%-50% retrace of the last fall from …… 7670 to 7594
80% is - 7655
If weakness is to return, it should be around 7623 7632
Strength gets confirmed above 7632 OR 7655
Waves sub-dividing..
its a bird, its a plane, no its a HnS ;-))))
STBSTB..
Kudos! for one-man-NGO, we are talking about foreign funded NGO's out of registered 20L NGO 4000 are registered for foreign donation and out of that 2000+ got 11K crores 2012-13 and most of them went to Delhi....now you know how Delhi saw a revolution in Dec...thanks India is protected by divine powers.
ha...sh...tomorrow's JNSAR....ke nazdik fall ataka...
Exactly taken support at DLEMA?
five waves from 7676...?????
Flat correction:
a=7700-7579=121
c=7679-121=7558(approx).
(from 7679-7644=i;7644-7670-ii;7670-7581-iii; ivth is on)
Beyond 7550, correction takes diff. form.
Dear Sir,
Is it possible 7680-7579-7700-7580 can be an irregular correction?
taking support at day low ema
last two falls in nifty were.....
from 7682 to 7579=103 pts ...
then from 7700 to 7589 =near 111 pts....
now from 7678 if nifty falls near 111pts then slide may stop near 7567ns levels
@shriram
last hour close below 7600 so it triggered....head hight is 100 point so tgt it 7500 right?
how can we decide SL for patterns?
not trading this pattern but just for study purpose...
thanks.
ANMP : T1: 7600-76 , T2: 7600-100, work it out
TIme for Sappad !
In BN near 15271 is support of T/L loining lows of 15337 on 10th june and 15293 on 12th june
@ Aly,
I doubt.
Tisco hns triggered at 543.65, t1 529.5, y2 507, sl 560.75
Bhel hns will trigger below 240.85, t1 229 t2 215.50 sl 246.80
All in 15 mins spot
@Crorepathi..the goal is:
If every one of us who has a home feeds one homeless person once in a day......:):)...Everything else can follow after that......Once a human being becomes homeless....he is FINISHED....all opportunities and doors are closed.........
I have gone through such a situation once in my life years back to the point of ending my journey on this planet....but.....am alive and kicking here......:):)
If all the lakhs of crores that these so called Delhi NGOS rcvd were spent in planting trees, water conservation....and so many other activities.....we would have had a better environment already......:):)
JNSAR triggered
Friday the 13th !!! ?
Thank you Sir,
Market has confirmed your doubt as well
Hahha.. baclk wot a Friday gift . see the 76CE OI adds , DIlli Khush Kar ditta oye :-)
STBSTB,
Very true.
You are talking about Deva, but what I am saying is we will grow on our own strength but for this "Asuras".They needed to be pulverized and mainly the traitors who are selling their mother land for money.
p.s people might be wondering why this OOB talk, we are JNSAR traders ;)
What a view it is?
http://www.niftytrader.in/nifty/nifty-live-change-in-oi/
dear ilango sir now new entry for long jnsar...?
@Ilango Sir,
JNSAR SL should be 20 or 30 points?
jnsar hits,, stoploss hits.....
@Sonu
20 points....
@anmpatel
Thanks. And then for long entry 6537 should be S&R... right?
NS gap @ 7474-7521 is the Tgt for this HnS
@Sonu
yes...keep doing, as of now, it above 7557...long...1 whips occur...but it is common to any sar after big gain...the more it whips the more it gives in next run...
Shriram,
after a long time the shorts gave me good profits, i exited
7474-7521 that gap filled the next day itself
Dont you think a rally to 7600 will be attempted considering the weekly strength,
may be that will sold in to,
Once again Thanks Master :)
Anm, in sirs notes on jnsar, it was mentioned that either use 20 points filter or some % ge (which I forgot). I think we shd re visit filter value
@ Chetas: Friday June 6th gap, kahan fill huee hein ?
Wk Trend assertion will happen either near WkEMA or WkHiEMA.. right now we r close to neither
The HnS pattern tgts are : 7524 / 7500 .. support is WkHiEMA : 7489..
New Post Done.
@Prabhanshu
diff ways trader use jnsar here is..
1. use filter for 0,1,2 day then no filer...
2. use 20 point filter for every time...
3. use no filter just "hard" no for daily...
real essence of sar is once triggered keep the trade for next day...but it hurt more so above diff methods...
Sir, 7670 till 7531 - 5 waves? And now a done at 7565+. B is on or done near 7540
@ Shriram,
My mistake, the gap got filled only till 7498,
"Wk Trend assertion will happen either near WkEMA or WkHiEMA" thanks for pointing out.
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