Trading with PT style

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jassinko

Well-Known Member
Many started learning island reversal today, and suddenly market has decided to show us the island. :)

Once we touch 5062, we will be in island.
Hi

what is this island thing.........it means nifty will reverse from here and go down or up.....

i am a learner in this methods.....so pls explain

thsnks

jassi
 
Hi

what is this island thing.........it means nifty will reverse from here and go down or up.....

i am a learner in this methods.....so pls explain

thsnks

jassi
Hi Buddy, there is a gap in NF chart in up side and in the way down. the gap is between 5055-5061 NF as of today. This works as strong resistance area. and many thought it will not get close soon after yesterday's fall. as we did not manage to close the gap yesterday and it fell hard.

It is there for last two days, but many are talking about it today. So for fun, I said market wants to close it today after that it will not be treated as island. :)

as we talk now, the gap is still there. So both bulls/bears would be on the edge!

happy trading!
 
covered my RIL put in the morning at 25.35 later took back at 19.25 and closed monitor was doing work and listening bhajan
Hey raghubandan Maruti nanda sun lo meri pukar
hahahaha and now open and see my pukar answered by mkt
 
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