Nifty has closed above "Hour High ema".
If it closes above "5058", the short term bounce might continue with some caution.
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....
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ...
32 comments:
I do not get the comments: testing
llango sir
testing
sir i have taken long at 5000 and ended up with 55 points...reason is ur tech table. thank you for ur kind.
visible
Sir
at last I am seeing your test msg.
if people click on headlines rather than comments they may be able to read and see the comments
dear sir,
i have nifty short @ 5053 what should be my SL
Please guide
Illango! I cansee your testing message @ 2.50pm
sensex down 1%
nifty down .45%
god knows what is going on..??
Europe 1% up..they say we r following europe..
so tomorrow gap up should be there..to catch europe if europe ends at such high levels.
Sir,
As per your morning suggestion, can I resell my covered positional nifty at 5080? or any change is there?
Thank you.
14 comments and i can only veiw 2. Sirs and pisreoprts
testing agin
strange thing is i can read everyones messages.
I think the comments are appearing delayed and getting sorted out.
testing
Sir,
Now i am seeing the comments once again. I have taken shorts@5057 NF and have pending orders to short more@ 5079. Can I carry the shorts or should I square off today?
@ Jittery,
Keep a SL of 5080 for the day.
A daily close below 5058(Low ema) will keep the pressure on Nifty.
@ Prabhakar,
Have you sold..?(It missed our 5080 narrowly)
Sir
I have still not re initiated new shorts. What should I do. Plus this 5158 is cionfusing because nifty has gone down after your msg.
now i can see msg
Ilango Sir,
I waiting for 5080 level for resell my covered nifty. Please suggest me.
Thank you.
Can I sold here Sir?
Sir
Do we need to carry shorts or can i re short tomorrow
@ Prabhakar,
It looks like it might close above the Low ema - 5058. You will get higher levels tomorrow.
This seem to be a short term bounce - may last a day or two if 5025 holds.
Turnover
cash 12,970 cr
f&O 112856
not a bad day,,,good turnover
Thank you sir. I shorted half today. I will short the rest tomorrow at 5080 level
bye llango sir AND ALL BLOG FRIENDS
@RG,
Europe is the middle man (odd man out)... they dance to our tunes and swing to the yanks beats.
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