| View previous topic :: View next topic |
| Author |
'NINE' |
jimmie
Expert
Joined: 13 Aug 2007
Posts: 357
|
Post: #376  Posted: Fri Nov 05, 2010 5:14 pm Post subject: |
 |
|
| casper wrote: | | jimmie sir, a question here, why u use sma instead of ema? (plz pardon me if i hv asked a silly question) |
Casper i use fib number EMAS like 8/13/21/34/89 and SMA for 50 and 200.. dont have an answere for why ? i use it that way.. |
|
| Back to top |
|
 |
|
|
|
jimmie
Expert
Joined: 13 Aug 2007
Posts: 357
|
| Post: #377 Posted: Wed Dec 01, 2010 6:22 pm Post subject: Re: Time for Caution |
|
|
29th Oct
| jimmie wrote: | After a BULLaBULL rally of 4000 points,  Bulls are ready to disguise  themselves as Bears...
We are on 34 EMA EOD support today, with daily oscillators near oversold region and candle touching the lower Bollinger Band, which can set ina FOOL's rally taking us to even the Last highs or anything above ATH (6357-6525 zone). This should be the best opportunity to exit stocks that are hovering around 15-20% above 200 dma.. and ofcourse a short accumulation zone..so far its not showing shorts accumulation and chances of FOOLs rally are brighter.. to accumulate shorts.. Supports to be watched are 34 EMA and 50 SMA on EOD...anything below this support will lessen the chances of a fools rally...
Its high time Nifty targetted 200 DMA ... hovering around 5350.. which can be taken as the target for the fall after fools rally..
From trading perspective Positional Shorts can be held as long as it remains below MOP and WOPs.. Use appropriate SL..
Happy 700-1000 points trading.. !!!!
Just my personal Views... I am Always NEW |
Time to short again has come.. Shorting range for NF 6008 to 6111, target 5343....
ICICI target 990, SBIN target 2500, RIL target 700 ranges, GOLD target 600$...
Use appropriate SL according to your indicators or strategies..
Time to paint Nifty Nonstop RED.. 
Last edited by jimmie on Wed Dec 01, 2010 6:59 pm; edited 1 time in total |
|
| Back to top |
|
|
rvg
White Belt
Joined: 31 Oct 2006
Posts: 279
|
| Post: #378 Posted: Wed Dec 01, 2010 6:34 pm Post subject: Pace of recent correction |
|
|
Jimmie.. the pace of the recent correction also makes me wonder that your view of NF going to 5400 may be true. It has been a furious correction past week and equally strong bounce back.. Lets see how this week pans out..
Last edited by rvg on Thu Dec 02, 2010 4:45 pm; edited 1 time in total |
|
| Back to top |
|
|
yawalkar
White Belt
Joined: 02 Oct 2010
Posts: 58
|
| Post: #379 Posted: Thu Dec 02, 2010 8:11 am Post subject: Re: Time for Caution |
|
|
| jimmie wrote: | 29th Oct
| jimmie wrote: | After a BULLaBULL rally of 4000 points, Bulls are ready to disguise themselves as Bears...
We are on 34 EMA EOD support today, with daily oscillators near oversold region and candle touching the lower Bollinger Band, which can set ina FOOL's rally taking us to even the Last highs or anything above ATH (6357-6525 zone). This should be the best opportunity to exit stocks that are hovering around 15-20% above 200 dma.. and ofcourse a short accumulation zone..so far its not showing shorts accumulation and chances of FOOLs rally are brighter.. to accumulate shorts.. Supports to be watched are 34 EMA and 50 SMA on EOD...anything below this support will lessen the chances of a fools rally...
Its high time Nifty targetted 200 DMA ... hovering around 5350.. which can be taken as the target for the fall after fools rally..
From trading perspective Positional Shorts can be held as long as it remains below MOP and WOPs.. Use appropriate SL..
Happy 700-1000 points trading.. !!!!
Just my personal Views... I am Always NEW |
Time to short again has come.. Shorting range for NF 6008 to 6111, target 5343....
ICICI target 990, SBIN target 2500, RIL target 700 ranges, GOLD target 600$...
Use appropriate SL according to your indicators or strategies..
Time to paint Nifty Nonstop RED.. |
Dear jimmie,
can you give time frame for these tgt pls? |
|
| Back to top |
|
|
jimmie
Expert
Joined: 13 Aug 2007
Posts: 357
|
| Post: #380 Posted: Thu Dec 02, 2010 9:33 am Post subject: |
|
|
Short at 6025 & 6050, SL 6080... Target 10% of CMP or 10 Trading days, whichever comes earlier..
|
|
| Back to top |
|
|
jasvin07
White Belt
Joined: 30 Oct 2010
Posts: 17
|
| Post: #381 Posted: Thu Dec 02, 2010 10:52 am Post subject: |
|
|
agreed.....shorted nifty....at 6014....let see minimum 90 points fall till monday...aage ki kahani ke kirdaar banaye ja chuke hain,unki bhoomikaye likhni baki hain....  |
|
| Back to top |
|
|
jimmie
Expert
Joined: 13 Aug 2007
Posts: 357
|
| Post: #382 Posted: Thu Dec 02, 2010 4:10 pm Post subject: Re: Time for Caution |
|
|
| jimmie wrote: | 29th Oct
| jimmie wrote: | After a BULLaBULL rally of 4000 points, Bulls are ready to disguise themselves as Bears...
We are on 34 EMA EOD support today, with daily oscillators near oversold region and candle touching the lower Bollinger Band, which can set ina FOOL's rally taking us to even the Last highs or anything above ATH (6357-6525 zone). This should be the best opportunity to exit stocks that are hovering around 15-20% above 200 dma.. and ofcourse a short accumulation zone..so far its not showing shorts accumulation and chances of FOOLs rally are brighter.. to accumulate shorts.. Supports to be watched are 34 EMA and 50 SMA on EOD...anything below this support will lessen the chances of a fools rally...
Its high time Nifty targetted 200 DMA ... hovering around 5350.. which can be taken as the target for the fall after fools rally..
From trading perspective Positional Shorts can be held as long as it remains below MOP and WOPs.. Use appropriate SL..
Happy 700-1000 points trading.. !!!!
Just my personal Views... I am Always NEW |
Time to short again has come.. Shorting range for NF 6008 to 6111, target 5343....
ICICI target 990, SBIN target 2500, RIL target 700 ranges, GOLD target 600$...
Use appropriate SL according to your indicators or strategies..
Time to paint Nifty Nonstop RED.. |
Now It has become an Easier market for all...
Today Nifty SPOT EOD candle: Abondoned Baby
Today Nifty Future EOD candle: Hanging Man
Over and Above that Today is NR7...
SO i will change the SL from 6080 to any closing above todays high i.e 6038 as SL for the shorts.....
|
|
| Back to top |
|
|
Ravi_S
Yellow Belt
Joined: 15 Jun 2009
Posts: 569
|
| Post: #383 Posted: Thu Dec 02, 2010 7:35 pm Post subject: Re: Time for Caution |
|
|
Jimmie ki jai ho.... 
Regards
Ravi |
|
| Back to top |
|
|
MILANCHN
White Belt
Joined: 12 Mar 2009
Posts: 105
|
| Post: #384 Posted: Thu Dec 02, 2010 9:11 pm Post subject: nr7 |
|
|
| jimmie sir-whats NR7 |
|
| Back to top |
|
|
amitkbaid1008
Yellow Belt
Joined: 04 Mar 2009
Posts: 540
|
| Post: #385 Posted: Fri Dec 03, 2010 12:23 am Post subject: |
|
|
MILAN NR7 => Narrowest Range in last 7 trading day.
In candlestick latest candle is the smallest candle since last 7 candles (Range as you know is difference of High-Low)
It is assumed that NR7 is followed by some great action. |
|
| Back to top |
|
|
jasvin07
White Belt
Joined: 30 Oct 2010
Posts: 17
|
| Post: #386 Posted: Fri Dec 03, 2010 7:08 pm Post subject: |
|
|
| jimmie dada accumletion chal rhi h na?mera truck fuly loaded h,shorts me...bye take care..... |
|
| Back to top |
|
|
seshareddy
White Belt
Joined: 06 Jan 2009
Posts: 95
|
| Post: #387 Posted: Sat Dec 04, 2010 3:08 am Post subject: |
|
|
HI amit
now i understood NR7 with your clean explanation thanks
seshareddy |
|
| Back to top |
|
|
seshareddy
White Belt
Joined: 06 Jan 2009
Posts: 95
|
| Post: #388 Posted: Sat Dec 04, 2010 3:10 am Post subject: |
|
|
hi jimmie
5727 TO 6349 mkt reached 50% 6038 there is a high chance of fall atleast from 618 i think
anyhow we enjoy with shorts
seshareddy |
|
| Back to top |
|
|
jimmie
Expert
Joined: 13 Aug 2007
Posts: 357
|
| Post: #389 Posted: Mon Dec 06, 2010 6:25 pm Post subject: Re: Time for Caution |
|
|
| jimmie wrote: | | jimmie wrote: |
Time to short again has come.. Shorting range for NF 6008 to 6111, target 5343....
ICICI target 990, SBIN target 2500, RIL target 700 ranges, GOLD target 600$...
Use appropriate SL according to your indicators or strategies..
Time to paint Nifty Nonstop RED.. |
Now It has become an Easier market for all...
Today Nifty SPOT EOD candle: Abondoned Baby
Today Nifty Future EOD candle: Hanging Man
Over and Above that Today is NR7...
SO i will change the SL from 6080 to any closing above todays high i.e 6038 as SL for the shorts.....
|
No further changes in SL.. failed to close above 6038, Now we got WOP at 6035, which gives double confirmation of the SL.. Any close above 6035-38 on EOD will hit the SL..
|
|
| Back to top |
|
|
seshareddy
White Belt
Joined: 06 Jan 2009
Posts: 95
|
| Post: #390 Posted: Mon Dec 06, 2010 7:36 pm Post subject: |
|
|
hi jimmie
now bulls may take care at down side 618 i think ( 5727 to 6094 ) ( 618 is 5868 ) if this broken bears journey continues. anyhow our shorts enjoyment started today
seshareddy |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
