tryin2trade: NF 5 Mins Intraday...The Complete Picture!!!

Tuesday, June 30, 2009

NF 5 Mins Intraday...The Complete Picture!!!

6 comments:

vignesh said...: Fantastic analysis sir.Whats the period of blue moving average line sir?Whether its simple Ma or Exponential Ma.; June 30, 2009 at 8:47 PM
Tryin2Trade said...: Vignesh Hi

Blue is 20 EMA and Red is 50 EMA

and thnks for those words of appreciation.

I have always believed that one should study charts and annotate them...it gives you practice and it also clears your PERSPECTIVE!

Cheers; June 30, 2009 at 9:12 PM
cdmoorthy said...: Hi Manoj, I remember last time (few days back) you posted about the importance of 4350. To-day i squared of my shorts at this level.

Some how, below this i was a little bit skeptical going short once again from this - A little bit afraid - and alas i missed the bus.

I am very much notorious in missing opportunities like this. Still i have a long way to go to sharpen my skills.

Anyway, thanks in deed for your efforts to show us the way & probabilities.

Regards; June 30, 2009 at 10:07 PM
renu said...: Hi Manoj,

very good analaysis, looking at the chart i never thought about flag formation you pointed out.
Thanks; July 1, 2009 at 9:23 AM
Tryin2Trade said...: Sweety Hi

Dont worry we all are notorious for missing out on opportunities. I have been doing it too!

4350 was a neckline and I expected it to provide support which it did for a few moments. In fact I had myself gone long there yesterday (long at 4354!)but was stopped out at 4335!

Na and I didn't go short after that just called it quits for the day!

Cheers!; July 1, 2009 at 11:37 AM
Tryin2Trade said...: Renu Hi,

Thanks for the words of appreciation and I am glad to have you here!

Cheers!; July 1, 2009 at 11:38 AM

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