Nifty : Real time discussions...!

[WOD]

Based on market correction strategy, 2 times 3 ema is left so monday market has to come down to touch at least 5167 (3 ema), Market does not have any option here

I am watching this setup & also traded many times from last 1 year. So i can say target will be hit for 99.9999999 %

http://www.traderji.com/technical-analysis/36825-shs-market-correction-prediction-strategy.html

Accha hai.....n I thought market always have an option :laugh:

 

[Rinchen Bhutia]

As a begginer I can not make out head and tail of these charts. Please help me out with basics.

 

[saddaum]

there s no divergence in the market yet so if market shows correction den hav no choice than buying

 

[trade4joisar]

Based on market correction strategy, 2 times 3 ema is left so monday market has to come down to touch at least 5167 (3 ema), Market does not have any option here

I am watching this setup & also traded many times from last 1 year. So i can say target will be hit for 99.9999999 %

http://www.traderji.com/technical-analysis/36825-shs-market-correction-prediction-strategy.html

So again this magic strategy worked. :thumb:

 

[achopraa]

So again this magic strategy worked. :thumb:

Hi,

Just to add, there is another way of touching 3EMA.
If market keeps on going Up, then 3EMA will align itself to the bottom of the next day's candle and start moving up.
Hence, the rule that 3EMA should touch will get fulfilled but it will NOT be by NIFTY falling.

PS - This happened a lot of times in past 6 months. Check for the charts.

Thanks,
AC

 

[trade4joisar]

Hi,

Just to add, there is another way of touching 3EMA.
If market keeps on going Up, then 3EMA will align itself to the bottom of the next day's candle and start moving up.
Hence, the rule that 3EMA should touch will get fulfilled but it will NOT be by NIFTY falling.

PS - This happened a lot of times in past 6 months. Check for the charts.

Thanks,
AC

Ya, I know that. This is the case when there is only 1 time 3 ema left.

Here i am talking about Market correction strategy, which says like this.

If 2 days candle left 3 ema then take trade (long/short) & your target should be towards 3 ema.

Hope this clarifies.

 

[trade4joisar]

So again this magic strategy worked. :thumb:

http://www.traderji.com/technical-analysis/36825-shs-market-correction-prediction-strategy.html

Nifty & Bank Nifty is in 6th week.

Lets see how this will work..