This blog is my trading diary. It is an attempt to organise my analysis and thoughts. I follow the charting methods given in JUST NIFTY blog by Ilango sir and so the charts would have striking resemblance to his charts. I am indebted to Ilango sir for having made this blog possible for me.

November 30, 2011

Analysis for Nov 30

Intraday Update 2.00PM:

Closed the Longs at 4850NF as a Bullish Gartley pattern is formed in Hour charts . Shorted at 4850NF.Immediate target for bullish gartley pattern is of the range 4721-4740.

The charts with EW count and Bullish pattern would be updated later. Not able to load due to connectivity problem






Week levelsMonth levels
CLOSE4710
PIVOT4741PIVOT4924
HI EMA5132HI EMA5431
LOW EMA4876LOW EMA4833
5 EMA49625 EMA5117
5 SMA5086
PrevHigh4874
Prev Low4639



CHECK LIST-DAY
CLOSE4805
PIVOT482010EMA4853
HI EMA484613EMA4886
LOW EMA475426EMA4969
5EMA4801prev HI4866
5 SMA4767prev LOW4788
50DMA502320 DMA5029
20 Hr MA479450 Hr MA4777



Trade Table
Current patternO-XAB(current)
Bearish Shark pattern5740 - 472054004639
Trade initiated
Bought at 4850 NFProjections for C
23.60%4818.00
38.20%4929.00Book PP
44.70%4979.00

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