Nifty Future 5min Ambush Style-Live

hitesh & hemant..
let me try to explain wt i think ....

white arrow Up : long triggered
white arrow down : short triggered
pink arrow : filter saved the reversal
blue arrow : adds
yellow arrow : exit
green dotted line is marked as strong support...
red dotted line is sar....
ankit actually 100 % can be explained by rajen only...
but if u see his charts above apart from this chart ...no pink arrows but the same level is marked by white arrows ....so exactly only rajen can explain...

neways wt i see it as

1) first short trade triggered...sar at 10.10 bar high(red dotted line)
now between 10.30 to 10.50 is a consolidation aread with couple of ph's,pl's
the first pink arrow upward tells that break of it could be crucial..sar is not triggered....then breakdown bar 11.30 bar....

2)then inverted hammer 11.45 bar
long triggered when the hammer is taken out...at that time the green dotted line is also sar which marks as pl...

3)then again short is triggered...in 12.55 bar ..with 12.45 bar as sar...then as new ph's are made sar is shifted to the new ph's and adds are made at crack of crucial crackdown of support..

also he has stretch green/red dotted lines to mark as "support now becomes resistance and vice-versa"

i too would be waiting for rajen's explanation on this..
Sorry not satisfied Harsh and waiting for rajendrani explanation .
Harsh Thanks for your explanation.
 
Last edited:

rajendrani

Well-Known Member
Sorry not satisfied Harsh and waiting for rajendrani explanation .
Hem, harsh was right on most of the part,

But right now explaining and going into finer details will just make things complicated, but will definately give all explanation as to what that arrow means, but this needs to be going in systematic manner, slowly and steadily will explain, but need some time.

Please carry on with your trades as how you had been doing.

Thanks and regards,
rajendrani