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Van Ilango (JustNifty) Profile picture
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2 Dec, 5 tweets, 3 min read
#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

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More from @JustNifty

Van Ilango (JustNifty) Profile picture
3 Dec
#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. Image
#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. Image
#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" Image
Read 6 tweets
Van Ilango (JustNifty) Profile picture
2 Dec
#Banknifty
Only with #Elliottwave & #Retracement strategy
You got 1st trade @ 36191 @ open for 36425
You got 2nd trade @ 36267-36298 for 36400 so far Image
How the grind to unfold... #Banknifty Image
#Banknifty
@ Low Risk zone Image
Read 7 tweets
Van Ilango (JustNifty) Profile picture
1 Dec
#Nifty option writers @ work
11.30AM to 2.30PM
Watch out for Action soon Image
#Nifty option writers "Ending" their work
11.30AM to 2.30PM
Action starting Image
#Nifty
Using 12345 to Book profits;
Using ABC to re-enter for another LRHR trade Image
Read 4 tweets
Van Ilango (JustNifty) Profile picture
1 Dec
#Nifty pause continues.
Stay with 17565 to 16782 retrace;
Holding 16900-950, could attempt 17350-400 zone.
Depends on rest of the day's #PriceAction
Also monitor current rise's(16931 to 172xx) retrace for weakness to return. Image
Based on significant gap up, the "revised trade levels" for the day. Image
#Nifty Tentative Label
(5 min. t/f - could vary dramatically
Be flexible to accept #PriceAction)

Identify "Low Risk" zones to initiate a trade.
IF you don't get it, NO Trade Image
Read 4 tweets
Van Ilango (JustNifty) Profile picture
30 Nov
Most prefer to "Predict" where market will reverse.
Few want to "Follow" the trend

Choose your t/f combo & ride the trend till 1 trade gets stopped
Week & Day - Down & Down
Day & Hour - Down & sideways
(Predictors looking for morning star in "Day", Evening star formed in "Hour") Image
How do you follow "Trend" ?
Get familiar with "ABC" correctives with the help of #Fibonacci Retracement
Have shown recently in many of the tweets, how this strategy alone produces LRHR trades
With experience, you'll learn to pull the trigger
For experience, you have to ACT/ TRADE Image
1. Moving average with 20Ema or 20Sma
2. LH & LL in downtrend & HH & HL in uptrend
3. Trendline

For a shorter t/f trader, primary bias should be of "Day" t/f
For Intraday, bias should be from "Hour" t/f

Keep this template for your trading
When all t/f align, great trades emerge Image
Read 4 tweets
Van Ilango (JustNifty) Profile picture
13 Nov
Hello Sir
I am "XX" my age is 22 & I live in Mumbai
I am writing this because I want guidance from you sir
I just completed engineering and now looking for job but when I start learning /revising concept I am not able to do continuously
I think about stock market aggressive
Wanted to do something in stock market. There are lot of material available on internet but it is basic I don't know anyone or none of my relative is in this field
My parents are suggesting me to look for job
But When I start studying I don't remember things .
Whole day I just think about market
I want your advice that what should I do
Focus on studies and get a job
Or should I learn about market full time
Because my age is 22 & I have not earned a single money yet not having any experience
Read 5 tweets

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