IF #Nifty to go to 18850-19713 & more, heavy weights such as
#Hdfc (3190++)
#Hdfcbank (1724++)
#Reliance (2834++)
#ITC (274++) these are "just min. targets"
& many more would move up significantly
@rlnarayanan https://t.co/iVYE1F7l6v
#Nifty 3rd is sub-dividing as in chart:
— Van Ilango (JustNifty) (@JustNifty) October 13, 2021
[1]st: 16396 - 17793 = 1397
[2]nd: 17793-17948-17453 - Irregular flat
[3]rd: 17453+1397=18850 OR
: 17453+1928=19381 OR
: 17453+2096=19549 OR
: 17453+2260=19713 OR
Nothing wrong in projecting till holds "17990"
More from Van Ilango (JustNifty)
Read again till you understand the logic fully of a "Moving avg (13Sma) & its upper & lower band" mechanism and then,
Apply on charts of your short listed stocks and understand how the trades/ investments would have worked -back testing
Bollinger band has been a trusted guide with the settings of 13sma & 2 std deviation. Add to it 5 & 8 smas and it works in all time frames.
— Van Ilango (JustNifty) (@JustNifty) September 29, 2020
Start from week & Day for investments; Hour & 5 minute for intraday.
Experiment initially; you'll still need other tools to read the mkt\U0001f600\U0001f64f pic.twitter.com/yEkHiDHiha
Remembered it & made entry @ open for the "High rewarding 3rd wave"
Much appreciation🙏 to @ap_pune for his regular sharing of vital info. & wisdom from years of experience.
#auropharma "Hour t/f" for "Traders"
— Van Ilango (JustNifty) (@JustNifty) March 21, 2022
In search of the highly rewarding 2nd wave entry.
Today's & tomorrow's #priceaction would have more clarity for entry either @ 615-620 or above 655 https://t.co/20S0Lvc7ej pic.twitter.com/OFlf9MLkqz
Only 2 signals - Buy & Sell
There is no stop loss in this system.
There could be some wild swings in prices like on "Budget Day" - In such a scenario, Keep 30 - 50 points below 21Sma to avoid big DD
It's a SAR system
how to take stop loss..? low of prev candle?
— ABHINAV JAIN (@abhijain017) February 9, 2022
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