Based on multiple fibonacci projections ( there are too many on my chart), the most frequent number on my chart is 5550. On the basis of time projection, it seems it will take 5 trading sessions including today, so probably on 22nd or 23rd August.
Sorry for delay Prithvi!(I write less frequently :) ) Yes about the tgt, even ew's extension will play out. btw 34 houlry EMA hai na!
Pankaj I second you , My calculation also says (though I most of the times wrong) that it may (May not) come down upto 5366 and then it will head for 5404.95 , 5423.8, and so on ..
stock4Sure , can u pls let me know the time frame of the chart u r refering
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Dear Friendsis there a rising wedge pattern in the making on 30 mnts chart?regards
could login back now , BSNL connection suddenly stopped working . The count from 5294 can be seen as .w1 5294-5330=36w2 as flat a 5330-5311=19b 5311-5330=19c 5330-5309=21w3 =47i 5309-5326=17ii 5326-5316=10iii 5316-5352=36iv 5352-5337=15v 5337-5356=19w45356-5330=26w5 is on 5330-5387=57Looks like w5 is done at 5387 and now retracement of move from 5294-5387 is on Provided 5387 is not broken
Dear All,my fibonacci expectation from Nifty Hour chart,From 5032 to 5246 points 21338% Retracement comes @ 5164. (done)From 5164 to 5377 points 21338% retracement comes @ 5296 (done)Now from 5296 add 213...we can expect a target around 5510..ThanksVinod D
5374.45 first level of support :-)
More Put writing done in 5400 PE , with short covering in 5400 CE suggesting TGT 5400 +
@pankajnear to upper channel....
a tiny correction seems over for the day
nareshjii was referring based on 5 min charts but as nifty has broken much abv 5377 i have exited my posn
last 5 min nifty moved up 6pts but BN was up 27 ptswill it be a good idea for pair tradeBUY BNF and sell NF
Dear Ilango Sir and freinds i am working on averages can anyone please tell me from where i can get nifty futures values not the chart every few minutes. Thanks a lot. God bless.
Thanks pcsmitpra and Nifty Rider.
Jay Shahdo you have Sharekhan trade tiger?you may get the data in Trade Tiger
Jay Shahyou can have the desired data in GCI MT4 also
@ALl,Is any one have FII Email Address??I want to meet him and told to him " mujhe aap log god le lo".
prithiv, baki ko master help kartay hai
bulls had command since 18th may from 4760.
No nifty rider,FII had command since december from @4531.
Price following:You could use Break of either 2 hour low or 2 day low for weakness.Also look for "not being able to make 2 hour high or 2 day high" for onset of weakness.
Thanks dear Parimal what is the web site please?
Jay Shahwhich web site please?
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I see -ve divergence in hour charts
Thank you sirI will keep in mind.
Jay Shah,You will need to open a account with ShareKhan. They will give TradeTiger to you.
@master,2 days high broken ,but todays 2 hour high not broken ,so can we assume that weakness in coming time???
Dear Parimal site for GCIMT4
Dear Jay ShahGCI MT4 is a free software quite useful for NF and 10 NSE stocks. it is an RT software. just punch and get it from web. or for link you may visit marketcall.com
@smita these -ve divergences are quite deceptive....move to 5400 and most of these -ve divergences would be gone .
May the tricolours of our Flag fill your life with Peace, prosperity and purity...!!!Also…..Discipline, Determination and Dedication ….Happy Independence Day...!!!Vande…. Mantram...!!!
Happy independence day, tomorrow being holiday, a reminder - do not remain naked (I mean long or short)
@smitha,just remember one rule told by master.whatever you do let it be supported by higher time frame .(in your chosen T.F.)in this case day div--
stopping at Resistance 5379-80 :)
@ Shivan Gupta , Day charts have -ve divergence since last few candles , and hour charts are showing the divergence today . Yeah they can vanish with upmove or become more persistant lets see what happens this time .
Happy independence day,Jay Hind,
@Smita, yes these divergences are developing as market approaches towards 5550. Once it reaches there, we will have strong divergences in place to go short from there.