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| Discuss Nifty Futures Trading at the Derivatives within the Traderji.com - Discussion forum for Stocks Commodities & Forex; 5242 broken .... |
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#763
28th February 2008, 11:18 AM
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Re: Time to Stick my Neck Out ,Nifty 7300
In 1 min chart the immediate High & Low is being observed to get the FEEL of the motion .
1)It is then seen whether the Up move was less in Rs terms than the Down. 2)Then to observe whether there is some sort of Consolidation being attempted ? 3) Then to decide the SL . Missed another imp point what Saint has guided us ,to look at the Gradient of Slope in Down trend. Last edited by uasish; 28th February 2008 at 11:22 AM. Reason: missed gradient 
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| The Following User Says Thank You to uasish For This Useful Post: | ||
citrus (2nd October 2008) | ||
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#764
28th February 2008, 11:33 AM
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Re: Time to Stick my Neck Out ,Nifty 7300
Now in the chart the Last significant Upmove originated from 5231.00 & now getting corrected,but the High of ths up move was 5248.00 (approx) ,in other words 5248 - 5231.00= 17 *.6182 = 10.50
5248 - 10.50 = 5237.50. Watch that.
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#766
28th February 2008, 11:40 AM
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Re: Time to Stick my Neck Out ,Nifty 7300
Ashish,
Would this qualify for any pattern. Asish http://www.************/file/3917801...ut_in_PIB.html Oopps missed the link.( As there is limitation i am tryimg to post the MS one) Last edited by uasish; 10th August 2008 at 11:44 PM.
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#767
28th February 2008, 11:43 AM
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Re: Time to Stick my Neck Out ,Nifty 7300
Yep,Asish.....not happy with that gradient to go short.In a downtrend,and therefore not happy to go long......
Saint
__________________
"You cannot change the direction of the wind,but you CAN adjust your sail..."
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#769
28th February 2008, 12:02 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Quote:
Regards, --Ashish
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#770
28th February 2008, 12:05 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Quote:
But even then no trade today. 
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