Nifty continues to be on "Sell on rises", closing below HEmas.
Seeking a reliable support continues. Thus far, no support has provided the impetus to take out the previous high-5722.
Below 5645-26DEma, 5616-34DEma would be a support followed by 5604-06.
Resistances @ 5688-5704.
Complex correction continues within the narrow range, taking up the crucial time. Patience.
Seeking a reliable support continues. Thus far, no support has provided the impetus to take out the previous high-5722.
Below 5645-26DEma, 5616-34DEma would be a support followed by 5604-06.
Resistances @ 5688-5704.
Complex correction continues within the narrow range, taking up the crucial time. Patience.
32 comments:
sir ji,
good morning
Good Morning Master & Friends
Good morning llango sir and all seniors,
Good Morning, Ilango Ji
Good Morning Gurudev and friends
Good morning everyone.....
Good Morning Ilango Sir & JN Mates
R/Ilango Sir Namaste n Namaskaar 2 all reader's.
Dear master and all JN friends
What a pre-market view ? only master can give you such kind of clarity on this correction with supports and resistances.
Jiyo master.
DR Ji and Kumar sir pranam
How is your father now Kumar sir ?
@ Master
Could u elaborate BN making LL and LH with time correction?
What are the resistances and supports ?
Sir
NW price perspective
large 5 wave impulse move has played out from 5215-17 to 5815.
correction of ABC zz is playing oou
of which A= 5815 to 5637 -complexity 2 - ZIGZAG
B= 5637 to 5719 -complexity 2 - FLAT
subwave a= 5637 to 5725 -complexity 1 -zz
subwave b= 5725 to 5634 -complexity 1 -t
subwace c= 5634 to 5719 -complexity 1 -ct
Now C has started playing out from 5719. since A was a zz and B was a flat which retraced 50% a C playing out must complete a ZZ or a complex polywave
Time perspective
as B has taken 2.618 of A
C=A or =A+B/2
conclusion
atleast 4 days of correction
correction target 5540
good morning master and blogmates.
Good Morning Sir & All Friends.
Good morning Ilango sir & all blogmates
Rgds
Saravanan
Good Morning Master and JN Mates
Happy Wealthy Trading Day.
Good Morning Master Mr.Illango, Master Mr.Dinesh Rishi & Blog Mates.
RBI meeting Today.
Still Inside the Range 5725-5633!
SELL on Rise.
H4@5695[5700 BUY ZONE - Breakout]
H3@5680[SELL ZONE]
L4@5636[SELL ZONE - Breakout]
L3@5651[BUY ZONE - Retrace]
(L3 BUY SIGNAL should be confirmed Technically).
Personal Decision Advised.
Master ilango and friends,
Good morning to all
Regards
☺☺☺☺
Sir Ilango ji and every one good morning
Good morning master and friends
Today HA open value is 5676.58
Good morning master & JN family
Have a nice day !
gm dear sir , seniors and freinds dear kumarji wishing ur father a speedy recovery . God bless
Good morning master and all seniors.
Today open low same
Namaste Ilango Sir & all members.
Good morning Sir and all the Gems of JN
wish you all happy trading day!
Good Morning Ilango Sir and Blogmates.
GM JN family,
For EW folk, notwithstanding wot Mr. Prechter has said about 2sub-motives in an impulse being extended as "rare"
the following simple possibility begs to be considered!
if looking simply @ the move from 4770
C.1 almost = C.3 , and if this corrective is C.4 restricting to say 5634, then C.5 can unfurl , tgting 0.618 x C.1 (which will gives an Impulse with extended waves 1 &3, and a short wave5)
The lables will look thus:-
C.1 4770 5349 -579
C.2 5349 5216 133 -23.0%
C.3 5216 5815 -599 103.5%
C.4 5815 5634 181 -30.2%
C.5 5634 5992 -358 61.8%
Will it happen ? Lets wait & see :-)
Good Morning family
Today. R B I meet what time?
RBI policy at 11 am today
Thanku parminder ji
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