4890 & 4915 is a major resistance zone for the day.
Moving below 4853(61.83%) aggressively suggested for downsides to be confirmed with a move below 4822 for the Month's major channel supports @ 4720-35 zone.
(1/a) wave fall is of 5280 to 4988=292 points. 61.8% of it comes @ 180 & equality @ 292 are the likely (5)th wave targets coinciding with huge 4700PE writing as well as Month's channel support.(redrawn finely)
49 comments:
Gopd morning
GM Master.
sir ji,
good morning
Good morning ilango sir & all blogmates
Rgds
Saravanan
Good Morning Ilango Sir and Friends
NIFTY Charts: CLICK HERE
Good Morning Master & Friends
Good Morning Master and Friends
nilesh ji,
good morning
Good Morning Master and Friends
Good Morning Sureshji,
Good Morning Sir and Warriors
Pranams Gurudev.
Good Morning To All.
Good morning Gurudev and friends
Namaste Sir Ilango and all friends
May the Lord give us wisdom!
have a nice day
Good morning ilango sir & all blogmates
Namaste Ilango Sir and fellow bloggers
LV
GM Everybody.
GM to all !
Master ilango and friends,
Good Morning to all
☺☺
Good Morning....................
GM sir and friends :)
OMG - protect 827/30/31 give 60/90/900??? as peanuts
GD MRNG SIR & COPY TO ALL BLOG VISITOR..........
good morning sir and all friends.
Dear Sujata,
You are now in the Bear camp... so please share bearish targets only :) :):)
Just kidding!.. after your yesterday's Thud I am a bit scared to go against your trade :)
Have a good trading day!
Good Morning Mynac
:)
@Sis,
AAMIN...............
Good Morning Master and copy to all
Good morning ☺ Ilango Sir and all blog mates
4830 < ORB > 4848 (NS)
4809 < ORB > 4828 (NF)
Good Morning Respected Mr.Illango,
My Beloved Master Mr.Dinesh Rishi
& All Blogmates, Have a Prosperous Day.
mynac - gm ..sorry just read ur night comment thanks for your view. wants upmove to add more but will the upside come?? watching BN /sensex for clue. for me 4911 not taken out no worry for bears especially on closing basis.
nilish jiiiiii - thanks for your "today's aamin" cake :)
sourav - lolz :) bear target once 4800 breakes only or else ride both the sides
Camarilla Key Levels
H4@4919[BUY]
H3@4890[SELL]
L3@4831[BUY]
L4@4802[SELL]
Now Scenario 1.
Master, open high same in nifty futures
good morning,seniors..
master,is it a possibility that we are in ABC reversal
for the fall from 5280 to 4788 .A. being up to yesterday
rise from lows of 4788made on may 18.B,in progress
N POSSIBILITY OF START OF c if 4822 holds?thank you.
GM Dear PT & Sujatha,
Good writing going on in 4800 PE in first Hr.,indicates
Bulls want to protect 4830 for the day...nevertheless,
new top must be there to fulfill their requirement...in next Hr.
Dear Mynac,
At the same time 4800 calls are being written
it has more additions than 4800 PE your views please.
HI TRADERS,
WELL GOOD MORNING
HAVE A GOOD TRADE DAY
@Mynac
Thanks a Lot
@Mynac: I am not sure if 4800 would hold for the day. I am
of the view that sometime around 1:20-2pm nifty must break 4800.
But at the same time if nifty spot crosses 4850, then I feel
we are due fo 4891 for the day.
@PT: What are your views.
GM illango ji & JN family,
Sujataa: ysday's Murugan Idli got served today @ opening ;-)
Have a gr8 trading day !
म्य्नाक भाऊ, तुमचे शब्द ऐकले niftyne
@Prabhat
4877 is in play now .. above it bullish below it
bearish .. currently i booked all shorts and just
waiting on side lines for fresh trade.
Dow made a possible gravestone doji yesterday
so may be tomorrow we break 4800 in gap down
Rupee at new high but accompanied by acute negative
divergence .. Prize has to confirm the reversal
if any
Commodities index has breaken down
Jitteries all over .. But what i holding the market
thats a mystery
mynac - thanks for the inputs @ right time. if 4860 sustains then 4882/90/900 is possible but will be alert @ 60 level downside i am not thinking now ofcourse i hv figure of sensex/nifty if 4800 breaks but really worry abt BN that's y expecting a bounce becoz BN showing me sorst case :P
SIR YESTER DAY IM MISS SEELING OPEERTUNITY IF U SHARE ANOTHER ENTRY POINTS FOR SHORT?
errr - worst case :(
DearTraveller,
Personally I used to give more weight for Put writing, particularly @ this juncture, when market is in down trend, and still those buyers who have courage to do so, must be very powerful players.Probably,they must be fulfilling their Buying quota around 4800 level…who knows ? Probably it would be their strategy! to gather delivery @ certain lower levels…Nevertheless in trending market …the players who are with the trend..i.e. here sellers…. have always upper hand… but it’s also not a rule that in trending market it must move 100 + points everyday…
Buy on BNF with approx 55 point SL i.e below the lows
@Mynac: Any high vol trades for the day which might act as
resistances for bulls?
New Post Done.
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