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vaidya_kapil: sir i took long in nf at 8317 our pink line level and bnf at 18270 ..... did i take wrong entry ...??...not real trade ....
gauresh59: why not taken long at lower level ....? gauresh59: already told as per premarket .... gauresh59: 8271...........8285................8305.......are the premarket steps....... gauresh59: gauresh59: 18220 is hourly highema in bnf at present gauresh59: gauresh59: 8281 is hourly highema in nf at present vaidya_kapil: when i saw nf it already was on day high 8322 and then it went to 8305 so i waited ..... otheriwse i wanted to take trade in 8305 ... but was not sure then,,,, vaidya_kapil: when u give these msgs it means one can take longs on breach of hourly highema / gauresh59: price above hourly highema......to hold longs .that is the rule of ema gauresh59: so simpel gauresh59: any way ...now concentrate on the next resistance gauresh59: see when it crosses one resistanece for next resistance ....the old resistance become the support ............. vaidya_kapil: to hold means one should have previous positions bought at lower levels ,,, what if someone wants to enter ??? gauresh59: when it crosses one pink line then it will try to reach the next pink line where profit booking may happen or may not.........if happens...then it gets minor correction and again on crossing that next pink line ...it move up...for the next line ............ gauresh59: then he should enter with sl .......at the cross of highema gauresh59: so simple........ vaidya_kapil: ohhh ok ..... gauresh59: now watch bnf it is above atp...and hovering near our pink line and between atp line ..on the breach of atp line 18245/35...it may decline till 34 ema ...line .....its all potentialities ............ vaidya_kapil: breach of hourly highema or lowema can be looked as entry points accordingly with trend with sl ..... vaidya_kapil: booked bnf at 18299 (paper) wow.... gauresh59: dear, in uptrend ,,,,,,,,,,,first it crosses ......hourly lowema from below....and reaches hourly highema ......those who have taken long at hourly lowema .....should book partially near to hourly highema ........and hold the rest........ gauresh59: on crossing hourly highema one can add in longs or hold the old longs for the next resistance .......... gauresh59: lowema and highema are the two limits ......... gauresh59: if crosses hourly highema and do not again touch lowema during profit booking or correction .......it may try to touch daily highema .......and then weekly highem .......... vaidya_kapil: Yes sir thanks... vaidya_kapil: It is the synchronization between taking trades and deciding levels along with technical charts takes time vaidya_kapil: Just like learning to drive a car with clutch and accelerator synch gauresh59: it is because you do not have practice to see the next possible levels ...... gauresh59: see at present it is near 18275.......now you can see that where it can go and why ...... gauresh59: find out the nearest possible level .......you will see atp line ........for decline 18245...........and day's high 18299 for upmove ....... gauresh59: means below 18245,,,,,,,,,and 18300 to be watched gauresh59: above 18300......watch hourly, daily highema .......nearest poviot level ...etc.......and find the next one...... vaidya_kapil: Yes i get it but by the word watched i dont get what actions to take? gauresh59: just like i told below 18425......it will try to reach 34 ema .......\ vaidya_kapil: Ya vaidya_kapil: And above 18245-18250 go long gauresh59: see you have to constantly go on changing time frame and talk to the chart considering the current price and next move as per your seaching gauresh59: why long .........if it makes green candles lng then only long other wise short ........ gauresh59: below 18245......now 34 ema is at 18227..........very very less difference ...then not to short .......should wait for the breach of 34 ema ...then short ...or if green candles formed...near 34 ema ...should take longs ........ gauresh59: below 34 ema it will try to reach yesterday close 18163....with some hurdles inbetween ....these hurdles to be found out with pivot and ema numbers ..... gauresh59: 18228 is 34 ema in bnf ..........watch it ..... gauresh59: if 34 ema broken ........then 18210.........18185..........18162.........to be watched .......... |
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