Tuesday, July 31, 2012

Nifty, uptrending, closed the month firmly above MEma.


17 comments:

Ashish Agarwal said...
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Ashish Agarwal said...
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Ashish Agarwal said...
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shriram said...

Dear Ashish,

There is Absol no TIME co-relation for 2 arms in a ABC-X-ABC

Sleep well, & lets see tomo, i booked out 50% of my longs today, balance till 5DEMA bends :-)

tc

Ashish Agarwal said...
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Ashish Agarwal said...
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durga said...

EOD candle is hanging man .need confirmation by gap down.5200 ce 5300 ce 5400 ce not apprecited much ,compared to y--close nn nifty rise.indicate call writing or time for range with premium eating programme,invalidation tomaro eod close above 5260. bye.

Sujatha said...

shhhhhhhh - somebody posted in the morning PC - FM
finally "dhothi" in again Now only "2G is Sonia-G and Rahul-G"?? Big Dustbin needed for "Pranabda" whatever opposition give will "go to that" :)

Ashish - Good close..but not convinced am out of long due to domestic issues + some doubts in mind

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

IDFC : Short Term Reversal

Thanks & Regards

shriram said...

hahha.. dear ashish,

may be my english is poor .

"Shriram ji- thanks for the fibs..my only porblem with your Y count till 5344 is the time proportionality with respect to W and X.. but lets see.."

Pls explain to me in numbers what you wish to state.

And also what does the phrase "Time proportionality" mean?

tc

shriram said...

Alt Higher Degree EW count from 6339

W.A 6339 5178 -1161
W.B 5178 5944 766 -66%
W.C 5944 4728 -1216 105%
x.a 4728 5400 672
x.b 5400 4531 -869 -129%
x.c 4531 5630 1099 164%
Y.A 5630 4770 -860
Y.B.w 4770 5348 578 -67%
Y.B.x 5348 5033 -315 -54%
Y.B.y.a 5033 5233 200
Y.B.y.a.1 5033 5150 117
Y.B.y.a.2 5150 5078 -72 -62%
Y.B.y.a.3 5078 5218 140 120%
Y.B.y.a.4 5218 5154 -64 -46%
Y.B.y.a.5 5154 5233 79 56% ** in play

Since a.1 & a.3 are NOT extended... a.5 could do MIN 1.382xa.3 = 5348 or ideal 1.618xa.3 = 5381

Lets c , if this happens tomo, then we finish y.a & y.b to the DOWN will commence

cheers

SAM said...

@master... I want to see historical advance decline ratio for nifty .... can you please suggest where i can see that

Thanks in adavance

SAM said...

http://www.icharts.in/breadth-charts.html

J.R.Julius said...

NIFTY Chart from a friend's folder :)
http://www.mudraa.com/userphotos/10499.jpg

HARISH TAHKKAR said...

For pattern lovers only :
http://www.trading-naked.com/JerrysDragonPattern.htm

yg123 said...

@Shri: "Since a.1 & a.3 are NOT extended... a.5 could do MIN 1.382xa.3 = 5348 or ideal 1.618xa.3 = 5381"

or a is already complete -- with a.3 extended w.r.t. a.5 (140/79 = 177%)

beauty of waves ;-)

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