General Trading Chat

[Pradeep Narayan]

Market holding steady. If it stays here for long, chances of upside breakout increase in my view.

Smart_trade

Nifty Spot has turned bullish for the month - may be another 85 points from here for the week and another 100 for the month!

Just my analysis

 

[niftygupshup]

Nifty Spot has turned bullish for the month - may be another 85 points from here for the week and another 100 for the month!

Just my analysis

you mean to say
100 for the month
OR
85 (for week) + another 100 for the month = total 185 for the month

 

[Pradeep Narayan]

you mean to say
100 for the month
OR
85 (for week) + another 100 for the month = total 185 for the month

85+100... I am bullish!!!

 

[niftygupshup]

85+100... I am bullish!!!

Nice !!!!
I hope there are no ifs and buts, in your analysis
(what I mean, without any condition)

 

[Pradeep Narayan]

Nice !!!!
I hope there are no ifs and buts, in your analysis
(what I mean, without any condition)

No ifs or buts... this is my analysis and view - I could either be correct or completely wrong!

 

[deba72]

No ifs or buts... this is my analysis and view - I could either be correct or completely wrong!

I have stopped trying to predict the markets looooong back... Nowadays I only react to markets ! And I am happy ! :clap:

 

[lemondew]

Xray,

Thanks for the thread. Not posting there as dont want to create confusion and interrupt flow. Just added volume multi at price . I got more or less same levels in ami usin VAP multi. Is time factor levels better compared to vAP multi.
Thanks

lemondew !!!

I just started MP and VP thread to share my little knowledge on this !!!

 

[vivektrader]

Draw that line from the close of the highest close in last 4 bars.That is the green bar ( marked as -4 in the chart) closing .NF closed above that in 2:45 bar.

Same way you can see the downside reversal also at top .

ST

ST sir, posting a chart of tatamotors in reference to TD point reversal, here Tatamotors was in a downtrend. Then a big bullish engulfing candle which also forms a pivot low, followed by another bullish candle that takes out the highest close of preceding 4 candles (from mpl) i.e candle no.3.
my question is whether the setup is correct as per your description?

 

[XRAY27]

Xray,

Thanks for the thread. Not posting there as dont want to create confusion and interrupt flow. Just added volume multi at price . I got more or less same levels in ami usin VAP multi. Is time factor levels better compared to vAP multi.
Thanks

lemondew !!! MP is useful for both intra/swing..but i do watch both as volume is key for swing and positional.. it will come after due course in the thread !!! now just introducing MP terminology in the thread !!! but you can post there also no issue for me

 

[Pradeep Narayan]

I have stopped trying to predict the markets looooong back... Nowadays I only react to markets ! And I am happy ! :clap:

My 2 Rs... deep inside, even a reaction to a market move with an anticipation of risk and reward is prediction - albeit a subtle one. Even the most successful trader/investor predicts the market one way or other.