sujatha maam and brijsolution thanks you both for your views
New post....So reposting.All who are interested in WW pls check just nifty google group where I posted some interesting WW charts at this 5600 level.
maybe markets absorbing all the profit booking around 5600 levels
Resistance in monthly chart also at 5600, so difficult to clearBreak of 5605 on the upside can be very bullish CLICK HERE
jay - :) :) i thought u will post counter views u silently thanking and escaping.. good trader.(just for fun)anybody pls. RSI - hrly showing -ve div?? + as per 5 mins chart parabolic anybody using that's showing short (hope i am the one using all sc method)
@DebdeepI want to see the WW chart. where is the google group
Sujata maam,9-RSI and MACD both are showing -ve Div.but 35 stoch has not turned into selling mode.your views pls.
sujatha maam nf hourly there is -ve divergence and 5 mins parabolic in sell mode in nf
mmm.. by the time it;scoming down thanks amit and jay for the confirmation.this 35 hrly will give utmostttttt resistance but breakes means nice "south indian halwa" :D
but weakness only if nf sustains below 5581
tisco up by 2% any freinds have a view on this counter? am positionally long in it
A new high would complete the "v"th wave as shown in the charts with negative divergences intact.
brijsolution said... Jay ,, now reliance i am watching ,, if cross 884 nifty is more happy June 29, 2011 1:23 PM
someone sharing some sweet here,,, where to collect?
"5587" - Break of this point would be the first weakness signal.
long in nf at 5608 for few intraday points
sir - this 5587 is 50% of fibo intra move???
sir,new high seen.what's now?Can initiate shorts?
@ Sujatha,The last sharp rise is from 5586.95. Hence, break below would confirm the end of (v) of Vth wave.(It could get complicated in minor waves - That is a risk one should take.)If it clears the high again, it may run upto 5635(approx)
Looks like another................Bang Head Day.................in the making.
sir,thank u then in that case close below 5587 shall we carry short (aggressive traders)and coincidentally that's 50% fibo from high 5608.hitendra - 4-6 points are high?? sir may mean "highhhhhhh"
Dear Sir and Blogmates,The OI Picture at 3 PM is as follows;5500PE added a huge 19 lacs up 6 lacs from last post5600PE added a whopping 32 lacs up 6 lacs5600CE added a miniscule 5 lacs up 2.5 lacs5700CE added a huge 29 lacs up 11 lacs5600CE now at 81.4 lacs and 5600PE at 76.6 lacsFight for 5600 level still onThanks & Regards
5500, 5600, 5700 put writing not been covered yet.PE5500 9,189,950 1,874,650 25.63%PE5600 7,669,800 3,247,400 73.43%PE5700 442,950 111,450 33.62%
@ Sujatha,This ST topping view may be used for only "Intraday only" as day TA is intact.The Greece verdict is the "uncertain factor" which could go either way.
lango sir,thanks for appr advice.i recall u.i m pd of vfm.shifted to ahd @ torrent power.
5 mins. charts too showing 5586 +ve :P :( clean exit from short
@debdeep how to see that charts. i couldnot get the link.how to join that group
sir when will be greece verdict be out?
எதுக்கு சார் வம்பு, என் கடை மூடிவிட்டேன் இருக்கிறதை பத்திரமாக பாதுகாக்க
"Greece Govt. seeking Parliament approval for austerity package" today.(Before US Mkt open).If passed, it could be +ve or it could be viewed as "Sell the news".If not passed, Greece may default which "NO Developed country" wants.It won't matter much to our market as it is governed by OI for the settlement.
SIR,ARGENTINA ALSO WENT DEFALT IN YEAR 2002 THERE WAS BIG FALL IN U S MARKET SO IF SOME GOING WRONG IN GREECE THEN....IF COULD IMPACT THE WORLD MARKET......JUST A VIEW
SIR,TODAY DOW IS ON TRANDLINE RESISTANCE LAVEL. CAN WE GET SOME CLUE FROM IT?
vix @ 19.41,,, if fear in mkt it would be positive ???
Reliance cross 884
OI showing contradicting viewsBullishPE5500 +23.53%PE5600 +69.66%PE5700 +32.56%BearishCE5700 +49.33%
good eveing sir.... sir we close above 200 EMA ?? if yes then barish mkt is over ?
Nilesh, if u want to join that group u need to send anemail to Ilango Sir.
jai jinenedra prashantbhai
Euro Gains Before Greek Austerity Vote; Dollar Index Falls as Stocks RiseGreek Prime Minister George Papandreou has called on lawmakers to “do their patriotic duty” and pass the bill, as well as a vote tomorrow to authorize implementation of the austerity plan, to ensure the debt-stricken nation can receive further rescue funds. Expectations are that the vote will be passed today, albeit by a relatively close margin, and that, in the near term at least, is providing some upward momentum for the euro and riskier assets in general,” said Lee Hardman, a currency strategist at Bank of Tokyo-Mitsubishi UFJ Ltd. in London. “We doubt that support is likely to last.”
jay bapu jai jinedra:)
@ Prashant shah,200sma is more relevant -5750.200ema may be relevant in the ST now as it fluctuates more.
carrying on with my longs for tomorow bye freinds and sir
@Prabakar,5700 CE addition is at atp of Rs. 2/40 so mostly its long or bullish as per me.
Closing above 5590(200Ema) increases the chances of a break past 5605-5610 strangle.
prices are closing at highs of the day almost.. not the time to short..
yesterday high of 5558 is not broken today.this is increasing a xhance of new high in month of july & that is up to 6k.
@DR,Your are extremely web savvy. I wonder how you keep coming up with so many goodies.My kid still enjoys that 'Donkey Singing' UTube clip.
Just search google groups in google.Then search for group justnifty.Then on the right hand side you can see a link "contactowner to join".click on that and send a message. That's it.
Would you like to exchange links? I have added your site to my blog list at: http://stockmarketpoll.blogspot.com/