Recent content by Insursi

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    SLA approach for NIFTY50 Index

    After a long wait, today I have taken a trade Nifty50 Weekly: Reached the upper channel ... looks like new channel emerging which I have marked on the chart itself in red color. Daily: Reversed from upper channel after a week of consolidation near the supply level. Trend line broke Hourly...
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    DrDulya Market Analysis

    Could you share, why should one avoid Gold ETFs? As many think, We can easily buy and sell gold ETfs from our trading account where as buying physical gold easy but selling will be not as easy as ETFs.
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    SLA approach for NIFTY50 Index

    This info from other thread but for my diary. Sofar I misunderstood that SLA also developed by Wyckoff.
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    SLA approach for NIFTY50 Index

    Yes Db, I am waiting patiently for the price to reach extreme TC to make potential trade rather than getting into middle of the trend where my risk is much as you said earlier. I marked my observation on 15mins chart in the earlier post for only learning purpose since the price was in range.
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    SLA approach for NIFTY50 Index

    Thanks Gringo. I do it from hereon.
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    SLA approach for NIFTY50 Index

    Nifty50 update as of 18th March 2016 as follows Daily: Uptrend intact which started on Feb 29th. Currently, few points above the supply zone (Feb 1st and January 18th high's). Next supply level I am looking for 7750-7800. Hourly: Price above TR finally. 15mins: Marked my observation on the...
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    SLA approach for NIFTY50 Index

    One mistake in the above chart i.e. instead of overbought I printed oversold.
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    SLA approach for NIFTY50 Index

    I am posting chart of Tata Steel for understanding W-principle. I have marked required information on the chart.
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    SLA approach for NIFTY50 Index

    As I have mentioned couple of times in the past (post 41-45), I do trading in futures but the drawback heres that I cannot get yearly data. So I have to rely on index chart. you are correct. Lot of whipsaws I could see on the chart from switching one terminal to another. Now no trade and only...
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    SLA approach for NIFTY50 Index

    sorry. I didn't realize. I just clicked 1hr chart on investing.com web and drawn the lines forgot to reconfirm whether its correct time frame or not. Heres the correct chart
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    SLA approach for NIFTY50 Index

    Nifty50 Hourly: TL broke but price is in TR. No trade yet.
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    SLA approach for NIFTY50 Index

    I apologize for mentioning hope and believe it won't be repeated. BTW I posted the chart of Goldbees only to discuss about the possibility of SLA and personally, I don't have any trade on it since it way away from the buying signal. Last couple of days I was sick and not able to concentrate on...
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    SLA approach for NIFTY50 Index

    I am re-posting db's interesting posts for my diary though very basic one
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    SLA approach for NIFTY50 Index

    When the supply line broken May 15th and price was not moving much higher indicating potential overbought level so it could be good shorting opportunity. But the story is different entirely from August 15 to Dec 15 where the price had spent most of the time on the supply level--indicating supply...
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    SLA approach for NIFTY50 Index

    Good question!! Unfortunately I was unaware of these gold etf stuffs until last month (In India ETFs are not common as like in USA). I have only few years of active participation in the market and sofar not experienced bear market stuffs such as where smart money move from equities...and so...
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