@ilangoJustNifty Sir, 🙏
This 1Min chart observation. Away from 200EMA can also be seen in 5M and 15M with 200EMA with a bigger time trade horizon. With applying HH/HL and channel study.
Thanks.
@wealth_verse सर नमस्ते।
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धन्यवाद। आपके सदैव आभारी रहेंगे 🙏
@ilangoJustNifty Sir,
Till 9:35 24135L & 24257H
Retracement of 50% was 24195
To buy just on retracement was that a valid trade ?
200EMA in 15Min was near 24195...
Should have entered...
Was a bit hesitant...by the time will improve.
Thanks Sir 🙏
@ilangoJustNifty Sir,
Can we just take trade at 61% retracement ? As the price was above 200EMA in 1Min & also above 200EMA in 5Min. MA cross was not on the sell side. Channel break and retracement is sufficient to initiate the Trade. Kindly guide once time permits.
Thanks 🙏
@ilangoJustNifty Now touched 200EMA in 1Min again traded bearish trade.
24190-195 was 38% retracement.
Always will be grateful for you guidance and support.
Thanks 🙏
@ilangoJustNifty Sir,
I follow 200EMA in 1Min -5Min - 15Min Dynamic values.
Today from 1Min 200EMA it touched 200EMA in 5Min.
If it goes below today's low will target for 15Min 200EMA.
If it goes above 200EMA in 1Min with the cross of 55EMA will be in a bullish scenario again.
@SarahSharon2021@ilangoJustNifty In 1min chart 21X55 will work for options. 200EMA in 1M will give delayed entry for option Buy.
If you want to sell will give early entry. That to if chart used on ITM options. It's better to follow Nifty Spot. Can have both charts side by side for reference.
@ilangoJustNifty Sir,
I have been following your work for many years. But since I got connected to your X group many things got cleared. Thanks for hand holding and guidance.
Will always be thankful to you.
Gratitude 🙏🙏