NIFTY OPTIDX Open Interest at 12 -> CLICK HERE
Mor lows are not broken so far.
Dear ILango Sir!Thank you so much for detailed reply. Sir, can a corrective be justified from 5033, even if crosses 5235 as - a-b-c--x-a (done from yesterdays low to high today), b on from high intraday may be as 5-3-and now doing 5 (may be shallow ends above 5190) and then c up to follow?Dear Pam! Good Morning, shukriya for non-stop evergreen msgs:)
Before one 5 Mins candle close below 5213I trust upside only even pausing@5240
@ Kumar Technicals,Price moves are contracting since the low of 4531.4531-5630=10995630-4770=8604770-5349=5795349-5033=3165033-xxxx=80% of the last fall @ 5286.Under such contracting scenario, anything is possible.Above 5286, an early indication of contraction ending will be known.
good after noon sir and all friends.
Zigzag correction form completed but not the target(5207) suggesting underlying strength.
Dear ILango sir!Thanks for the larger perspective, it opens a new window.
5200 PE > 5200 CE looks good for bull run cheers.
Need close above 5240
@ Cooldent sirCan I get ready for Stochastic cross over ?
Sardar was reading financial times.Headlines : "microsoft buys yahoo messenger for $ 8.5 billion..."He says " O teri... Kharida kyu ? Download kar leta pagle.Prabakar - wat a menu?? :) "Shri-ji" will reach US today???
Next Level to be Watched H3...
@ CooldentThank you sir
@cool, hariyesterday dineshbhai told we can also use 30 min tf. 12-30 end bar done there.
@ Piyush ShardaThank you
@Ilango,It seems to be a gaining but with some labour.if it has internal strenght it should rather rise cleanly. So do you think it might be resisted at 5257 or till 5287? Month HEMA is at 5310.thanks and regards
Dear Ilango Sir & Blogmates,OI Table Update at 1:00 PM, VAH : 5243, Pivot : 5219 and VWAP : 5246Thanks & Regards
Stochastic crossover seen in 60 mnts. Nifty Futures chart
@ CDG,Strength need not be displayed all the time with sharp rises.FIIs have bought 2000+cr in the last 3 days.OI table as updated by Sanjay & Prabhakar shows bullish bias.TT continues to be Green."5286"- will be the next key number.(5216, 20sma has been well defended today)
if nifty has break out happened then either *600 or *900 level may be seen.and if false then it will return from 5365-70 level. gaps remaining 5306,5343,5363(ns). i am in favour of second.
Dear Piyush Shardainstead of 30mnts or 60mnts, can we use 15 and 5 mnts chart with Stchastic crossover. what do you think? regards and thanks
@Sujatha Sis,For upmove Banknifty must participate. Right now banknifty not participated as per bankniftys strenght. if banknifty participate then strong upmove may come.
Sujatha-just returned after having the menu.Shri-ji reached safely, taking rest. will be active tonight... :))
@parimal,dinesh bhai would know it best. i think they would be too fast may lead to more whipsaws. i think 5 min we cant 15 min i am not sure. maybe dineshbhai can answer.
ns at 55emasince opening 55ema in ns 5 min charts had been tested 3 timeswill it hold this time also??
Dear Piyush Shardathanks for your kind reply. i am aware of the whipsaws in shorter TF. but in 15mnts, crossovers are clearly visible. rather i shall do some homework and place my observationsregards
not less than 30 mints should be usedon smaller Time frame EOD chart will look okbut during trading many time cross over will vanish after whip
@suja eyeing ur 4100 now?
thank you Dineshbhai for clarity and guidelineregards
@Sujatha,It will happened near diwali ,not now
thanx dinesh bhai
Think about 5500
Piyush - mail sent
Love triangle forming on 1 minute chart...
New Post Done.
Good afternoon sir & blogmates