Play With Candle Sticks

kindman

Well-Known Member
Jay Pee.. I Dont Know Which Type Of Trader You Are

Ok Fine...

Long Term Trend = Bullish

But According To My Guruji

Relaince Opened And Closed At Same Price
When Price Opens And Closes At Same Price Then You Should Exit( Not Sealings)ha Ha

Only One Thing To Say... Doji = Resistance/support For Short Term

So You Could Have Been Exited...
 

kindman

Well-Known Member
See I Have Seen Your Chart...

See In Your Chart Rsi= Relative Strength Indicator Is Near To 70

Most Of The Trader Use Rsi For Their Trade

Rsi Near To 30 They Will Pick The Stock From Bottom

And Rsi Near Or Above 70 They Go Shot...
 

kindman

Well-Known Member
kindman plz tell abt camarilla calculator&its usage thank u .
OK...
MOST OF THE PIVOT CALCULATORS GIVES YOU NEXT DAY SUPPORT/RESISTANC ECT

BUT CAMERILLA IS A PATENDED PIVOT THEORY

CAMERILLA IS USED FOR DAY TRADING...

IN CAMERILLA PIVOTS .. OPENING PRICE OF DAY IS IMPORTANT

AND AFTER OPENING IT AUTOMATICLY CALCULATE THE RES/SUPPORT WITH ITS PATENDED FORMULA

SO FIRST YOU SHOULD IMPLIMENT CAMERILLA PIVOT CALCULATOR IN YOUR DAY TRADING S.W

NOW DONT ASK ME HOW TO DO ALL THAT THINGS... I DONT KNOW ALL THAT THINGS...

ASK SOME EXPERTS IN THIS FORUM
:p
 
Hello everyone,

I am new to technical analysis and wanted to ask whether an "Engulfing Bear" candle has formed in Nifty Junior futures. If so, should I short it or wait for some other signals, and if I have to Short then at what level should I do it.
Nifty_Junior_2007_Sep_ 14.JPG

Looking forward to your suggestions...
Thank You

AYAN DOSS
 
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oxusmorouz

Well-Known Member
Hello everyone,

I am new to technical analysis and wanted to ask whether an "Engulfing Bear" candle has formed in Nifty Junior futures. If so, should I short it or wait for some other signals, and if I have to Short then at what level should I do it.
View attachment 6425

Looking forward to your suggestions...
Thank You

AYAN DOSS
Welcome to traderji, Ayan. Rather than going by the rule of thumb, why don't you ask yourself, "Why should I short the Nifty when there's an engulfing bear pattern? Is this pattern reliable? How many times in history has this pattern occurred and what would have happened if I had gone by the assumptions I (or the book) holds?". These are the questions leading to edification :eek:
 

Linus

Active Member
Welcome to traderji, Ayan. Rather than going by the rule of thumb, why don't you ask yourself, "Why should I short the Nifty when there's an engulfing bear pattern? Is this pattern reliable? How many times in history has this pattern occurred and what would have happened if I had gone by the assumptions I (or the book) holds?". These are the questions leading to edification :eek:
well said oxus.

Regards,

ss :)
 

kindman

Well-Known Member
Ok I Am Leaving This Forum For My Personal Reasons

Just Watch Two Stock 1)optocircuit 2)redington

Enjoy Trading... Bye See You All Later
OK FINE SEP15 I TOLD BOTH THESE STOCKS

:p:p I WAS BUSY BEZ OF PERSONAL REASONS


ANYWAY SEE HOW PRICE HAS MOVED AFTER THE CALL

BOTH WENT UP IN VERY NICE AND SIMILER PATTERN
:p
 
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C

CreditViolet

Guest
OK FINE SEP15 I TOLD BOTH THESE STOCKS

:p:p I WAS BUSY BEZ OF PERSONAL REASONS


ANYWAY SEE HOW PRICE HAS MOVED AFTER THE CALL

BOTH WENT UP IN VERY NICE AND SIMILER PATTERN
:p
You know, I am seeing a lot of this recently

People say - watch this stock, keep a tab on this stock, some action expected etc and they bump it weeks after to claim the praises.Mind you, they never say buy here, keep SL here etc, its always "watch it".

Well, based on this theme, here is my call, WATCH NIFTY.

I will be back to claim my reputation points after every large move
 
You know, I am seeing a lot of this recently

People say - watch this stock, keep a tab on this stock, some action expected etc and they bump it weeks after to claim the praises.Mind you, they never say buy here, keep SL here etc, its always "watch it".

Well, based on this theme, here is my call, WATCH NIFTY.

I will be back to claim my reputation points after every large move
ROFL......nice one,my friend.And agreed,lots of that nonsense going about recently.

But trust you,as always,to hit the nail on its head......:)

Saint
 

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