Going with the Intraday Mini-Flow!!

[niftychance]

Hi Nc is is previous days low and todays open ... ???


Regards
Satya

Hello Satya

He is talking about opening gaps and lows made there-in...

Logic is if the markets gaps and Open and Low (on first 5 minutes) is same, indicates no fresh selling pressure was there below the open, also high probability that it may be the low for the day ...

Thanks

 

[myvineet]

Hi Nc is is previous days low and todays open ... ???


Regards
Satya

no satya ..today's low & open

ops already answered

 

[Satyen]

In my view children can lookat charts and decide the trend better than we can, and I am not kidding

i think this is what Saint Said ..... A mind which thinks simple dont worry about too much things can trade and earn continiously .... but problem of simple things is that you dont feel special among people who knows what you know may be more than you know .... then mature mind try to find out some thing new to prove himself that he is also special and knows something secretive and become complex .........


Regards
Satya

 

[musicjunkie]

3803 looking nice pivot on 15 min, so moving stops to 3796

with you

MJ-

 

[musicjunkie]

i think this is what Saint Said ..... A mind which thinks simple dont ...................................................................then mature mind try to find out some thing new to prove himself that he is also special and knows something secretive and become complex .........


Regards
Satya

Good post Satya, loved it!

MJ-

 

[rajfal]

mature mind try to find out some thing new to prove himself that he is also special and knows something secretive and become complex .........

very well said......friend...

 

[aabhi06]

Originally Posted by prabhjeetrana View Post
3803 looking nice pivot on 15 min, so moving stops to 3796

Above Sl 3796 is SAR??

 

[Prabhjeet]

Hi Nc is is previous days low and todays open ... ???


Regards
Satya

Satya my logic is that when we have a panic gap opening day like today, smart money is well aware what is the gross value of a stock so they will open the stock at way below its fair price (atleast short term), if the price is too mouthwatering they will not allow the stock to go even a penny lower than open price.

Like today HDIL which closed at 168 today opened at 150 ansd smart money bought there and low is also 150 so these guys will squeeze all the positional short traders now

 

[niftychance]

3803 looking nice pivot on 15 min, so moving stops to 3796

Will keep the SL unchanged, mostly because of the break, may shift after re-open @ 12:10

Thanks

 

[Prabhjeet]

Yes Aabhi 3796 is SAR