Going with the Intraday Mini-Flow!!

Status
Not open for further replies.
Re: Saint's Intraday Miniflow - live discussion

The market tests all the traders on such days/weeks.

Traders not following MM, are shaven clean on such days.
Traders having weak faith in their methods are for the most part left faithless.
Small time traders, with small pockets, looking for pocket money to buy the next Nokia model are disheartened.

Once this job is done, the market takes off unidirectionally for a day or two carrying along the devotes. It rewards them and them alone.

Or so I have seen and believe. You too make your choice.

Amit.
Very true biradar
 
Re: Saint's Intraday Miniflow - live discussion

ST Da/Manoj bhai.. any comment on market patterns like on friday for today's market behaviour? Any good place where the reversal could have been taken?
 
Re: Saint's Intraday Miniflow - live discussion

ST Da/Manoj bhai.. any comment on market patterns like on friday for today's market behaviour? Any good place where the reversal could have been taken?
Todays market behaviour was not unexpected at all....NF had a strong support at 4520 and the market respected that support and reversed....we must understand support/resistances to book profits at proper place.

I had posted this support in Amit's option thread yesterday....so mkt action was exactly as per expected.....

If any particular doubt in today's trades please feel free to ask....

Best Wishes,

Smart_trade
 

bijovyppil

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

Todays market behaviour was not unexpected at all....NF had a strong support at 4520 and the market respected that support and reversed....we must understand support/resistances to book profits at proper place.

I had posted this support in Amit's option thread yesterday....so mkt action was exactly as per expected.....

If any particular doubt in today's trades please feel free to ask....

Best Wishes,

Smart_trade
Dear ST Da,

Totally agree with u.It was expected...

Most times i book profits in miniflow as per support\ resistance levels ...For that i check 60m,daily and weekly charts( for some swing trades too).. Not ashamed to tell that I cross check it with the levels mentioned by Nishikant( i rate him high in TA aspect) for profit booking...most times it works well for me....

Today i booked half at 4529..so it was not a "nothing day" for me in miniflow...Thanks to some "homeworks" ;)
 
Last edited:

manojkch

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

ST Da/Manoj bhai.. any comment on market patterns like on friday for today's market behaviour? Any good place where the reversal could have been taken?
ST Da already given the answer.... Nothing more to add .Profit booking at important support / resistance level is must. Also be ready for the unexpected side of the market..( courtesy : POP)

Regards
Manoj
 
Status
Not open for further replies.