Share this page!

Van Ilango (JustNifty) Profile picture
Twitter logo
Apr 18 • 4 tweets • 2 min read
#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"
#Nifty 3rd done @ 17130 or 1 more low till below 17170

Above 17170 to test day's high+

• • •

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
Mar 11
#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
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
Van Ilango (JustNifty) Profile picture
Dec 2, 2021
#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
Dec 2, 2021
#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
Read 5 tweets
Van Ilango (JustNifty) Profile picture
Dec 1, 2021
#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

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 on Twitter!

:(