hi jinnav,
in this situation i would like to look at the higher tf 30/60 min, and then according to that would take the trade.
For example, today i made mistake by shortin nifty @ 4550, i should shorted nifty below yesterdays 3 pm (30min) low...
:)
yes dare2
looking higher tf one should go long @ hod+filter, but if you look at 5 minute tf nifty was facing a tough resistance @ 4693 so i went long @ 4693, however it is just way of looking the ambush style
one can have a completely different opinion then me
however i would suggest...
neeraj it was simply superb....
great to see you here...
and thank you very much for posting charts pls keep it up..
it will help a newbees like me and many others...
again thanx a lot for your kind help...
WITHIN AN HOUR OF TRADE V HAVE SEEN ALMOST ALL TYPES OF CANDLESTICK IN NIFTY: BULLISH & BEARISH ENGULFING, HAMMER, INVERTED HAMMER, SPINNING TOPS ETC...
:confused: