General Trading Chat

headstrong007

----- Full-Time ----- Day-Trader
Today Nifty made a DOJI on 200 MA.
The picture is like sitting on 200 MA and thinking about next move. ;)
Big move possible soon. Be ready...

doji on 200ma.png
 
Yeah, looks like a hanging man. But the expiry tomorrow may have its own mind.
Bhai, a speciality of this pattern is
it does not give a specific direction
so next day, at eod one can easily say
'maine kaha tha na, tomorow it will give a big move,'

lekin bhai its very vague type of analysis
without specifying a direction, it means nothing, just waste
 
Bhai, a speciality of this pattern is
it does not give a specific direction
so next day, at eod one can easily say
'maine kaha tha na, tomorow it will give a big move,'

lekin bhai its very vague type of analysis
without specifying a direction, it means nothing, just waste
It could mean the end of upmove, as per the definition. I suppose the pattern would get negated if today's high are broken. But as it is, it is indicating a sell on rise tomorrow.

https://www.investopedia.com/terms/h/hangingman.asp
 

headstrong007

----- Full-Time ----- Day-Trader
Yeah, looks like a hanging man. But the expiry tomorrow may have its own mind.
No, it's definitely not a hanging man (hanging man candle is like a hammer).
See ur above link also mentioned "A hanging man candle is identical to the "hammer" candle in its shape".

It's a long-legged doji. This shows the indecision between the buyers and the sellers and possibility of a big move ahead.

The only problem is max pain is also at 10200. We can see big move next trading day to expiary also.
Just be ready, many times doji indicates a possible big move in advance and it's special when exactly on 200MA.
 
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Hi
I have a question for every technical analysts in this forum. Does any one know the name of the person who said "history repeats" in stock price ? I dont know it if you know please share, I am very keen to know his/her name
 

iwillwin

Well-Known Member
Massive buy number by fii dii...is it that buying now will get delivered in April 2018 which is after grand fathering date? Or it's is to prop up nav
 

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