Any more fall below 5100 would be bearish.
1.40PM: Nifty futures chart updated.
Last support where the reversal possibility is high is 5100-5120 zone.
Elliot's Impulse waves.(Part-5)
IMPULSE WAVES :- The Basics Waves that move the market in the direction of its main trend either up or down are called Impulse waves. 1....
-
5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ... -
Will not be available to intra update . Suggest one of our readers to update on DHEma-HHEma-HCEma & HLEma for possible support points fo...
25 comments:
Ilango sir one request. can you specify from where the 4th wave got terminated and 5th wave started for tatasteel? I think I can keep that level as stoploss for I am lonh in tatasteel! Is it a right move sir? I am long at 645
hi..Satheesh,
it started from 631 and 645(approx) should hold for further upmoves..
SL triggered :(
Akhil
thankyou sir i shall trade accordingly.
78L OI on 5300 calls,55L on 5200 Calls,and 55L on 5100 puts...5100 should give some support..
i have uploaded another futures chart.
5100 is a support.
Daily & weekly supports are decisively broken.
Shall we buy here with 5080 sl?
Hi, Guys, Don't get panic..Some unwanted rumor on the market about disinvestment..
don't sale your long position in F&O.. wait for next day..
Like this Negative Rumors : Chart will work one side.. that is downside.. Anandan.R
sir,
lvl of 5100 v look at closing or intraday move below it as seeks more correction
new 2 blog
regards
Sir you had mentioned that markets are in for deeper correction below 5100. How much more fall is on the line sir?
Dear Anandan,
when IDEA going to announce their results today? I have long position@57.10..
Planing to carry overnight, Will it need any hedge?
Thanks,
Ramesh.
Hi anandan,
whats ur advice for realestate stocks like IBrealestate,Suzlon,unitech..?
should we go long in that?
Sir,
Which software do you use to prepare your charts?
Hi Ilango sir, i hope conservatives shorted below 5120? Now wht sud be our SL?
hi..bizagra,
Check the reco.. It is < 5140 - 5305 > .
So it should have been below 5140.
Hi, Can BUY & carry IDEA.. & Real Estate stocks also...
When I say Nifty will hit 5150.. people don't believe.. when I say Buy 5300 put at 70 round.. today made up to 210..
Even Myself Sold at 94.. This what our mistakes..
Our Entry point good out when we see small profits. are indent to book. but when we see big loss.. we don't put SL or Book Loss.. the move on..
So Charts don't control any rumors or big news..
when panic BUY BUY.... but entry level check with green signals..
thanks Anandan.R
Hi, BUY 5100 Jan call.. buy today.. sale tomorrow.. Thanks Anandan.R
yes Ilango sir, but u also gave sud break 5140 decisively ie 5120, so i shorted below 5120.
ilago sir...wht shld be the levels for positional shorts now????
Anandn,
This is what i mentioned previoulsy. Aggressive calls are very risky. For example you take 5272 short call with stop lose of 5310.. i am holidng still.. which is given by Illango sir. According to your XLS, i did short of Unitech and Suzlon and nevr did intratrade
Life Line - thank you. Covered my shorts partially as instructed - and holding the rest in Greed.
Bizagra - welcome back.
Thanks and Regards,
S Rajagopal
Hi sir,
Today we got support at 5085.That is 61.8% of (4940,5313) move. So we have some support around 5025. That is 76.4% of this move.
Am i right sir?
Regards,
Dhana
Hii Rajagopal,thanks. i m short @ 5120 today and holding.
Dear Ilango Sir,
nifty spot 5084 also a perfect support as per fibanacci 61.8%, so a pullback may be possible
Tahnks & Regards
Sanjay Kr Jaiswal
@vicky,
always use stop loss,please visit my blog in check todays post it will tell you how badly i suffered on this day 2 years back
you have to be very sure of market movement and trade with current swing other wise things become tough
i will update the levels for tomorrow in next 2-3 hrs
http://financeandtradingmadeeasy.blogspot.com
Post a Comment