NIFTY 50 future TRENDS

[uttamkamlesh]

What could go wrong ?? Technically, I mean.

Just looking for an OTOH scenario.

1. any NEWS.
2. Bearish WW, if forms in smaller TF.
3. Gap-down open below 5179 means SL hit.

I do not have open position. Will see tomorrow.

 

[uttamkamlesh]

Uploaded with ImageShack.us

Uploaded with ImageShack.us

 

[uttamkamlesh]

NIFTY should not stop before ~5100.

Today TL breakout is valid one.

(DeMark Qualifier 1: The price bar prior to a downside breakout must be an up close.)

TL breakout has failed as market could not make a lower Low and has again come above TL.

 

[anilnegi]

uttam ji entry point is right but why did you sell at that particular level, shouldnt we carry forward our entry for next HH.

 

[anilnegi]

uttam bhai

is this perfect, but as per my understanding, TL extended from 1 and 2 towards 3 & 4 respectively, should be parallel for effective trade, though we have double bottom which can be highly effective.

Uploaded with ImageShack.us


nifty 5 min.

Uploaded with ImageShack.us

 

[anilnegi]

we might be able to get a trade like this

Uploaded with ImageShack.us

 

[timepass]

Guys, I need a small excel worksheet to calculate Fibonacci retracement on the fly. Suppose there has been an intraday rise of 83 points, and I want to know the retracement levels, I should be able to calculate it immediately by feeding in the high and low values. Can someone oblige ?

Thanks in advance.

 

[anilnegi]

Guys, I need a small excel worksheet to calculate Fibonacci retracement on the fly. Suppose there has been an intraday rise of 83 points, and I want to know the retracement levels, I should be able to calculate it immediately by feeding in the high and low values. Can someone oblige ?

Thanks in advance.

TP i have a online calculator, if interested can send on your mail

 

[timepass]

TP i have a online calculator, if interested can send on your mail

Ha !! Online calculator... why didn't I think of that before. Thank you very very much.

http://www.forexfibonaccicalculator.com/

But please post your link here.

Today I wanted to calculate retracements from the low (about 5190) to the high and my TradeTiger's screen was too full.

 

[anilnegi]

Ha !! Online calculator... why didn't I think of that before. Thank you very very much.

http://www.forexfibonaccicalculator.com/

But please post your link here.

Today I wanted to calculate retracements from the low (about 5190) to the high and my TradeTiger's screen was too full.

http://www.mypivots.com/investment-calculators/fibonacci-calculator