Hello Sir,Request you to shed some light below levels. Above 5895, it is 5940-5960-5985Below 5895, it is 5880-5865-5845I am not able to understand...
many many thanks dear sir for the wonderful insights
Ilango sir thanks for ur charts. 5975,6015 is v completd place . Than l go short at place. Pl explain friends
Namaste Ilango Sir & Blogmates, Bullish to Neutral: Bulls and Bears are playing ping-pong with one day red and the other green. Nifty is coming back to 5900 level which is working as a magnet…: Option Analysis for 18-12-2012Dedicated Option Open Interest BlogDuplicated at Wordpress SiteThanks & Regards,Sanjay Kr Jaiswal
Make the Observation of On plain fno 5 M chart with vol only low 5838 candles:Tail shaped low making vol:8,40,000L 5838 C 5866.(2)Next to it.vol 1,49,000 L 5843 C 5489.Both tailed shapes shows priece absorption3rd storng bullish but 4th "MARUBOZU"full shavenbullish candle.Both swallow all sell off.5th hammer.If low making candles is "MORUBOZU" bearish price can stll go down.
Please read vol of (2)Next 1,49,0000.Which is important.
Harish sir where is complet v wave.macd chart are converge.
CNX IT Index: on daily chart, 50 DMA crossing both 100DMA and 200DMA downwards.
HARISH TAHKKARvalid observationif checking any candle the last 50% vol matters :D5 mint last 2.5 mint
ParimalIT and BN got inverse relation due to INRUSD
Parimal ji,TCS and Infosys on Day TF are near/oversold on RSI.TCS has RSI positive divergence on Day TF while Infosys has RSI positive divergence on HrTF.Will IT stage a corrective rally now ?Raghavendra