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...
21 comments:
@master
at which price we can say "b" over and final "c" down starts....below 7488?
thanks.
@ anmpatel ,
It may have started; It should remain below 7547, preferably..
@ Ilango Sir - What could be the possible targets for "c" then...?
Master
developing day low ema for banknifty pls...
@ Sq.STAR
Bn weekly LEMA - 14636 daily lema 15026. this is as per sharekhan TT
@ Bharat Kumar,
I would prefer to follow various channels for likely supports or break-down. Hence, I have no targets presently. Next cluster zone is around 7410-33.
Day Low : 7519.40 Day High : 7560.55 Range : 41 Points Day Pivot : 7550 Hr. Pivot : 7544
NS holding HKPC ( Hepta Kilo Penta Cent).
Currently well below Day Pivot @ 7550.
NS in SAH mode in Hr. T/F & SOR in Day T/F.
NS below W Hema @7547 indicating weakness & in SOR mode in W T/F.
Weakness deepens below Hr. Lema @ 7531.
Strength above D Ema @ 7557 & Monday's JNSAR @ 7571 .
Will Week trend lifts NS 2 cluster resistance @ 7571-89 for aggressive trades ?
Next 70 Mins. will decide.
SOR = Sell Ond Rises.
BOD = Buy On Dips.
@ Ilango Sir - Thanks! :-)
@Chetas
Thanks a lot
Now DLEMA 7515 Testing? Previous day Low not broken and till morning Whema Testing. Today writing 7500pe.
the last fall 7558-7519, retraced 61.8% , volume profile shows 7541-47 as resistance today
One of the Best Quote Suits such days, we have lot of data - dont know clear direction till now
http://prntscr.com/3unyq0
If break Y.L will add more confidence for shorts
JRJ - JNSAR :)
@Chetas,
Yes.
There there are many calm successful people here following
Wk.Data or JNSAR only.
Pranams to Master.
Have a Happy Week End All.
Bye.
Thanks Ilango
Thanks Julius
again reversing from 61.8%...what a beauty......
Master BN giving some ideas?
carrying shorts
gudmorning master and all frnds
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