The Nifty Trading Lounge

[bpr]

Hi bpr, I'm looking to buy it on Monday with a 1% stop.

Thx. I am also hoping it to hold.
but i am loosing confidence in this i will try to hedge just in case :annoyed:

 

[bpr]

Hi Muratt
After today's SBIN Daily candle looks like the lower channel can be redrawn.
Please chk.So may be little more lower side around 1836 before a pull back.
But in case of pullback too it will meet immediate resistance at around 1930.

--Bpr

 

[MurAtt]

We have a Green Hammer on EOD for SBIN.

 

[timepass]

We have a Green Hammer on EOD for SBIN.

Perhaps it was expected after a huge fall.

 

[MurAtt]

SBIN Daily BB with Green Hammer - Classic bounce case .....

AND

Hammer at TL Support !!!!

God Save the Bears :laughs:

 

[prabhsingh]

Hi MurAtt

Is it possible for you to share the above daily AFL please?

 

[MurAtt]

Hi MurAtt

Is it possible for you to share the above daily AFL please?

There is no AFL ... dunno why ppl just cannot draw TLs !!!!!

 

[prabhsingh]

There is no AFL ... dunno why ppl just cannot draw TLs !!!!!

Mate,

What i meant was can we create such AFL for Day/Intra trading.TL's on day basis can only be drawn once we have the right bars.

No need to feel offended as just trying to increase the scope of learning and sharing after learning.

 

[MurAtt]

There is a software called Pattern Explorer available for AMI - that does just that - draws automatic TLs, Patterns etc etc ....

Just Jujl it ....

 

[timepass]

SBIN Daily BB with Green Hammer - Classic bounce case .....

AND

Hammer at TL Support !!!!

God Save the Bears :laughs:

Oscillatorwise, one could consider an RSI divergence (bullish).