Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
van ilango (JustNifty) Profile picture
@JustNifty
Dec 2, 2021 • 5 tweets • 3 min read • Read on X
Scrolly
#Nifty
Aggressively holding "17140" approx. at open
OR
Conservatively holding "17080" approx. at open
for the 1st 1-2 hours trade
2 Retraces shown in "1 Minute chart" Image
#Nifty held "17140" with a low of "17149"
High presently "17241" so far

Ensure to book part profits and trail with the retrace of current rise from 17149 to 17xxx Image
#Nifty
Be Flexible in labeling.
Holding now 17180-195 Image
#Nifty follow up
Time for the "Grind" to start Image
#Nifty
A "5" seems "almost" done from 17137 to 17327 or close by
Market is supreme
And,
waves could sub-divide Image

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with van ilango (JustNifty)

van ilango (JustNifty) Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @JustNifty

van ilango (JustNifty) Profile picture
Jul 22, 2022
#Priceaction
IF trader, then study "Hour chart" of at least 30 trading days
Watch how #prices are #Trending & you take a position when trend changes, say, from making "LH & LL" to "HL & HH" & Vice Versa
This is the 1st & foremost step & absolutely noiseless
#Retracement helps🙏 Image
#Priceaction Step:2
All traders know Demand & Supply to exploit the difference - a basic trait of any trader/ businessman.
What captures this absolutely is #Trendline & #Channel
For Eg: When prices break out of a falling T.Line/ Channel, it means demand has overpowered supply Image
That's first clue-buyers are asserting. LH & LL would soon change.
Next step is to look for a Fibonacci #retracement to hold @ 38% or 50% or 61.8% (to make HL) with a bullish candle like #Bullishengulfing or #Bullishpinbar @ a % of previous rise which is your perfect LRHR entry
Read 9 tweets
van ilango (JustNifty) Profile picture
Jul 3, 2022
#Nifty
2 Scenarios likely.
In ST, both point towards a min. rise to 50DSma, 16200-250
c = a = 16255
#banknifty
2 Scenarios likely.
In ST, both point towards a min. rise to 50DSma, 34450
c = a = 34915
#Reliance
2 Scenarios likely.
In ST, both point towards a min. rise to 50DSma, 2615

50% - 61.8% #retracement of last fall from 2817 to 2365 @ 2591-2645
Read 5 tweets
van ilango (JustNifty) Profile picture
Apr 18, 2022
#Nifty
Started last fall fm "17664" on 13th with 1 & 2
Would complete 3rd @ open @ 17220-263, then 4th & 5th.
Last fall #retracement from "17512 - 172xx"
MEma-17175
WLEma-17155
50DSma-17165
Pivot's S3-17195
VF's T6: 17197
IF correction, it must limit to 17220 @ open & then 17165
Based on significant gap down, the "revised trade levels" for the "day" & "Week".
#Nifty @ 17108-137 of VF's trade table's key level with a low of "17130"
Read 4 tweets
van ilango (JustNifty) Profile picture
Mar 11, 2022
#Nifty
Index & most stocks done 3rd & 4th wave yesterday.
Holding approx. yesterday's low, "5th" wave to unfold today in opening session towards "16796-816".

Alt: Consolidation in most part of the day in yesterday's range.
#Nifty Trade plan:

1. keeping above “16465-485″ - "Low @ 16471" ---

---prices likely to head towards 16685-715 & above which 16910-925.
#Nifty
Pre-Market Observations:
1. "5th" wave unfolds holding yesterday's low 16448
2. A Broad trading range within yesterday's High & Low

Trade plan Buy @ 16465-485
1st Resistance : 16685-715

From 16471, high done 16673 so far.

Now, Holding "16545-575", up move continues..
Read 4 tweets
van ilango (JustNifty) Profile picture
Mar 5, 2022
Macd is the simplest & most reliable indicators available. Macd uses Moving Averages & turn them into momentum indicator by subtracting longer MA from shorter MA. The subtracted value when plotted forms a line that oscillates above & below zero, without any upper/ lower limits. Image
Using shorter Moving Average (5 & 10) will produce a quicker, more responsive indicator (fast macd), while using longer MA (12 & 26) will produce a slower indicator (Slow macd), less prone to whipsaws.

Macd measures the difference between two Exponential Moving Averages (EMAs). Image
A +ve Macd indicates that 5 or 12-day Ema is trading above 10 or 26-day Ema. A -ve Macd indicates that 5 or 12-day Ema is trading below 10 or 26-day Ema. If Macd is -ve & declining, then -ve gap between faster MA & slower MA is expanding & Downward momentum is accelerating.. Image
Read 7 tweets
van ilango (JustNifty) Profile picture
Dec 3, 2021
#Nifty
There are 2 Key retraces to follow for the Day.
1st is fm 17281 - 17420 @ 17330-350 (Aggressive)
2nd is fm 17064 - 17420 @ 17240-285(Conservative)

Based on Pivot tables,
17310-335 is a key support zone,
17470-500 is a key resistance zone.
#Nifty
There are 2 Key retraces to follow for the Day.
1st is fm 17281 - 17420 @ 17330-350 (Aggressive)
2nd is fm 17064 - 17420 @ 17240-285(Conservative)

Based on Pivot tables,
17310-335 is a key support zone,
17470-500 is a key resistance zone.
#Nifty
Based on Pivot tables,
17310-335 is a key support zone,
17470-500 is a key resistance zone.

Didn't get the "BUY" trade
BUT, a "Sell" trade emerged @ "17470-500" with a high of 17490 with OB readings and generated
100+ points with a low of "17362"
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(