Going With The 60min Flow!!!

[musicjunkie]

IMO 4318, latest low is an add candidate. Any views?

MJ--

 

[man4urheart]

IMO 4318, latest low is an add candidate. Any views?

MJ--

Yes, To me it looks like a point to add, but current bar should stay above this point!

 

[Ank!t007]

11 Am bar in ABAN - is it a Pivot?

Yeah It looks a valid pivot Stop at 2175+20 = 2195.
But wait for the confirmation from Saint Sir.

Ankit

 

[musicjunkie]

M4uh, about volumes NF looks like its in a Symetrical Triangle, they usually have low volumes as the pattern develops
The great news is we don't need to care, our pivots will get us in either way, breakdown or breakout....Hopefully we get some direction by day's end.

MJ-

 

[Saint]

IMO 4318, latest low is an add candidate. Any views?

MJ--

Yes,MJ........now reversal stands at 4381,and adds at 4318-7=4311.

Either direction's gotta give soon as the 2 levels above get close to each other.

Saint

 

[man4urheart]

Summarizing Current Position Of NIFTY

Short Since : 4381.5
StopLoss: 4366.5 + 15 = 4381.5
Profit/Loss in Current Trade = 4381.5-4381.5 = +0 Points

We change our Position to LONG if NIFTY Trades above :4381

Adds:Below 4318-7=4311.

I am planning to add also on Sept Contract

Don't forget to change over to SEPT NIFTY Contract, if stop loss is hit today!

 

[Saint]

Saint, Please update on ABAN!!!! The reversal level!!!!
View from others also weelcome!!!
Alok Daga has already posted a query in this regard....
Please respond!!!
Regards
R K Karnani

Stop and reversal stands at 2249 if looking at the 60min charts only.And it's at 2195 if you also have a peak into the 30 when you don't get clearer pivots.

Depends on which style of the same method you have chosen to adopt.

Saint

 

[nagendra_gb]

So we are long on ABAN now please MJ post the ABAN trade with SL many of us are waiting for this reversal

 

[Ank!t007]

Not yet Read the above post of Saint sir.

Ankit

 

[musicjunkie]

So we are long on ABAN now please MJ post the ABAN trade with SL many of us are waiting for this reversal

Am not trading Aban
but IMO we are still short, going by 60 min or 30 min....we were not stopped out
MJ--