Good morning
Today's JN SAR - 5283 day pivot 5239
Big gap up opening. JN SAR is in buy mode now.
10:15 I was waiting for dip in price for JN SAR buy. But as dip did not came in first hour of trading, I took long in 1 minifty @ 5339 (future). Some seniors advise to wait for dip in case of big gap up or gap down crossing the JN SAR and buy at support nearer to JN SAR. I will take 2nd lot of minifty in dip or near close of market today. (This buying decision has to be taken individually, because If I buy it may retrace, If I wait it may continue its journey with out me.)
As SS lines are near over bought zone. Will wait for them to come down and give positive cross over.
Today Dinesh Rishi sir answered a query by Jay Shah - how to deal with gaps crossing JN SAR
Dinesh Rishi said...
Jay Shah
ORB in the direction JNSAR is best Strategy for trading gaps
1:20 SS cross over is seen in 30 mnts. chart.
Today's JN SAR - 5283 day pivot 5239
Big gap up opening. JN SAR is in buy mode now.
10:15 I was waiting for dip in price for JN SAR buy. But as dip did not came in first hour of trading, I took long in 1 minifty @ 5339 (future). Some seniors advise to wait for dip in case of big gap up or gap down crossing the JN SAR and buy at support nearer to JN SAR. I will take 2nd lot of minifty in dip or near close of market today. (This buying decision has to be taken individually, because If I buy it may retrace, If I wait it may continue its journey with out me.)
As SS lines are near over bought zone. Will wait for them to come down and give positive cross over.
Today Dinesh Rishi sir answered a query by Jay Shah - how to deal with gaps crossing JN SAR
ORB in the direction JNSAR is best Strategy for trading gaps
1:20 SS cross over is seen in 30 mnts. chart.
• Crude Oil January expiry has declined 0.3 percent at $ 52.67 a barrel.
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