Rising VIX has dragged the index down so far. Only a move past 23.50 would unsettle the larger trend. VIX below 21.75-22.0 could result in a bounce/ rally.
The short term has shown resilience around 5690-5721 zone (First two lows made when the fall started from 6339) and TT has ended the day with Hour TA Up. The day TA remains down & week TA up. Overall upward momentum is missing with a close below all High emas. Downward momentum is elusive inspite of a close below DLEma.
Few Hours of upward moves likely as per Hour TA; 5785-5805 are the resistances & strength would be staying above them.
JNSAR Remains @ 5831.
23 comments:
good morning Sir
Good Morning Ilango Sir and Friends
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Good Morning
Good Morning Ilango Sir and JN family.
Very Good Morning DR Sir.
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Good Morning ALL
Good Morning ilango sir and friends,
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good morning sir & all friends
5818 is 61.8% of the entire fall. Watch this carefully.
MONDAY ATP was 5820... fall of 200 point from high 5921-to 5727..:) in future
good mornging sir and all
BN JNSAR crossed, shall we revert to longs?
hi llango,
could you keep 2posts on the same page as
it was earlier. it is convenient to compare the change
if any then between them and is better than having only
one on the page.
J10.SAR triggered a Long @ 5794.
5806.60 is the 1st low after 5923 top.
If it is breached, it would indicate an early sign of a reversal.
A JNSAR trigger with Hour TA just reversing would give good gains.
@ankitsolanki,
Reverted to 2posts.
GOOD MORNING SIR AND WARRIORS
good morning,seniors..
Weak below Hour High Ema @ 5769.
TIme to short the market....with SL above 5806...Dont miss it!
Good Morning Sir and Friends.
Did you guys read my post yesterday night...There is similarity in the movements..use SL but
Inverted H&S patter formation....looks like SL will be hit..:(
New Post DOne.
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