Daily Tryst with Nifty

[MurAtt]

My broker suggested shorting at 4498 with target 4440 SL 4525, in the morning.
I didn't take it
Now he suggested shorting again 4462 SL 4485 Target 4412. So Long only above 4485.

4485 gone.

 

[lazytrader]

4485 gone.

I know but I didn't take it.

I don't trade on brokers call anymore. Lost confidence in them because they get it right about 55% of the time (as per the broker in monthly performance review) but the problem is that they get it right many times and its alright but when they get it wrong they don't learn that there something wrong in the way they are analyzing because when they get it wrong they keep getting it wrong for the whole day. One after the other everthing hits SL. So now the only thing I do is use it as a supporting indicator

 

[lazytrader]

Sunil, are you trading 1:30 bar? Can you tell me the SL and target?

 

[Sunil]

Sunil, are you trading 1:30 bar? Can you tell me the SL and target?

1:30 bar?

 

[WOD]

Looks like that was a falls breakdown just to make us sell our CE's.....

Indeed that was false breakdown till 4436.......may be big upmove is coming? holding on my CE's tightly...

 

[lazytrader]

1:30 bar?

http://www.traderji.com/day-trading...ts-intraday-miniflow-method-3.html#post286898

Indeed that was false breakdown till 4436.......may be big upmove is coming? holding on my CE's tightly...

Don't know about big move but today is definitely going to be a NR day.
I'm guessing close of 4475-4500 or atleast within the opening range.

 

[ag_fx]

Sunil,

AMI, doesnt have a valid TRIX....

The likes of one in icharts.

 

[Sunil]

http://www.traderji.com/day-trading...ts-intraday-miniflow-method-3.html#post286898

LT,
The answer is in the post itself....
12:30 bar is in focus now and not 1:30 - till around October 09, when timings again change as per daylight system

 

[MurAtt]

If taken from y'day high, can we assume an I-HnS in the forming, NL 4490-ish?

Gone down from NL

 

[WOD]

what the hell is going on....up down up down by nealry 20 points in single hit......