Day Trading Stocks & Futures

and what about the non taxable income of so called salaried class (though not all)
I hope one gets about the income I am referring to :DD

all these scams are done with hand in glove, of so called salaried class only
 

john302928

Well-Known Member
Divergence of price against RSI in 5 min time frame. but sometimes I use MACD. it depends the convenience and the signals I get

Nifty - It didnt close as expected due to some subwaves development in 1 min time frame. Its a way of life in market.

I expected yesbank to reach the further levels expected in the previous post. It reached the initial levels and rest didnt happen because of subwave developments. But it is most likely to happen tomorrow.lets see
There is a huge probability that Yes bank is reversing today in the shorterm and might produce another 10-20% in the next few days. Initial expectation is 114. lets see how it goes
Below was that post:
Todays top gainer Yesbank might fall to 92.5 and 91.7 intraday levels. cmp 93.5. lets see.
91.1 /90.1 /89 are also on the visibility today. I am just keeping an eye to howmany levels hits today
Yesterday that divergence produced result from 30539 to 30589. But couldnt get past the downward resistance line. since that move was an impulsive move. That could have been part of wave 4. so currently wave 5 is going on .Till now wave 5 is not yet completed. that green pull back is a trap. stay safe. we will make a new low for the day again to complete the divergence fully and then reverse. keep an eye on solid reversal candle like bullish engulfing or strong pin bar as the reversal signal and that could be trusted now since we are in wave 5.
1562645320548.png
 
This is why honest tax payers have to suffer and govt dont get money to spend on welfare. people with other incomes than salary dont pay taxes. Recently a small kachoriwala in UP was in news with income over 1 crore and never paid taxes . lakhs of such small business owners dont pay any taxes.
that kachoriwala lives in 30 sqft room..
 

john302928

Well-Known Member
Yesterday that divergence produced result from 30539 to 30589. But couldnt get past the downward resistance line. since that move was an impulsive move. That could have been part of wave 4. so currently wave 5 is going on .Till now wave 5 is not yet completed. that green pull back is a trap. stay safe. we will make a new low for the day again to complete the divergence fully and then reverse. keep an eye on solid reversal candle like bullish engulfing or strong pin bar as the reversal signal and that could be trusted now since we are in wave 5.
View attachment 36035
Below is the reason for saying we will witness new low. it looks to ma making expanding diagonal pattern. reversal will be strong but it has not yet completed its fall.new low for the day is waiting
1562646082819.png
 
hmm. I see quite opposite. I feel Gold Guinea wont reach 35k for next 8-10 years. My expectation is 19814. It will take few months. Lot of undone job is still due at the lower levels. I have not yet got the sell signal but it will come sooner ( in few weeks). When it comes Gold will crash
Below is the chart of Gold Guinea.
View attachment 36011
Gold, not gold guinea
 

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