✰✰✰ Nifty Spot Intraday Numbers ✰✰✰↑ Buy Zone/Upside : 5892-5911-5930-5950-5969-5988↓ Sell Zone/Downside : 5868-5849-5830-5811-5792-5773Intraday Numbers based on 30 Minutes ORB - Filters will be added with ORB in some special conditions - Levels Clustered using Gann angles for Trailing & Part Booking easily. Stoploss 20pts or swing sup/res in 5 minutes chart. Personal Decision Advised.
"5926 to 5861" - a 5 done.Keep the retrace handy as long as 5861 not broken.
Namaste Ilango Sir & all members.
Today is friday... Before going to long we have to think... Usually FII's booked their profit on Friday and they would go long on Monday.
ND sir's ATR Target :Breakdown target : 58045926-5861=655876(Assumed)-65=5811
GM Master & JN Family,3 Alt. EW lable Options visible:1. Seeing today's price action as may be the C wave of the ABC FLAT being tracked from 5965 This may be a Regular (will seek 5813) or Irregular Flat (will stop near 5850)or,2. Move down from 5965 (C.4) is a DZZ with 1st 3 as a CT & now next (Y) as a ZZC.4.y.a 5939 5882 -57 C.4.y.b 5882 5926 44 -77.2%C.4.y.c 5926 5861 -65 114.0%1.382xA will give 5847 (outer zone for a ZZ)or , 3. C.5 has started @ 5824 & A re-trace to 5824-5939 , if 5.ii shud bounce from 80% which is C.5.1 5824 5939 115 C.5.2 5939 5847 -92 -80.0% All cases, Bounce zone area is 5810-5850 (which is also the 5WkEMA ! )These lables are invalid if EOW close is < 5WkEMA & Trend will have deemed to have taken a bend if EOW close is < 5813have a gr8 day, cheers :-)
Ilangoji,5 are visible in 2min, but in other timeframes its overlapping.How to view this?
@Kumar: Friday FII's book longs? How you came to that conclusion? I am eager to learn certain tricks which usually no one market teaches. Please share actions behind market.
@ Arif,At 15.10 hr yesterday, Nifty reached 5926.40 and started to fall: 5926.40-5909.70=i5909.70-5916.40=ii(20th. close)5916.40-5870.10=iii5870.10-5878.80=iv5878.80-5860.70=v.No Overlaps.
Market cycle: Hourly oversold followed by daily oversold followed by weekly oversold, followed by monthly oversold then followed by hourly overbought, followed by daily overbought, followed by weekly overbought, followed by monthly overbought. So market is huge :PDon't rush bears. As rupee weakens, IT going to take up charge.
Lately, IT is becoming Defensive sector.. They do not have much positive impact on Nifty..
GM Master, ""5870"-WHEma would come into play today "In pre-market u have taken previous week WHEMA not this week WHEMA I remember in Last friday u have taken that week developing WHEMA Why Any specific reason?
jai hind master ,dr ji, julius sir n all
@Mr.Sandeep,Good Morning - Have a Nice Day.Jai Hind.
a most of leader stocks making a high but nifty not turn ,DR sir,Lagta hai App ka boj nahi zil pa rahi hai
@Kiran: No impressions. Let's wait and see. Expect the unexpected too (part of game plan).
Thanks ilangoji,I didn't had the confusion for the 5, you told.But the time-frame above 2m.Sriramji had given lot of options to think about.
master,can 38 % - 5885 be used to initiate conservative shorts?thank you
NF has a support at 20DMA.
ns needs to be>5890/5900 to zoom orotherwise
Dear Ilango,The green 5 at 5939 - is that a truncated 5th of c of B?Best regards,Brad
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, VAH:5949, POC-5936, VAL-5915, WPOC:5931, Pivot:5925, R2:5871, VWAP:5884Ultimately the 5900 level seems to be getting resolved, with the CE writers running away with the honors for the time being…Thanks & Regards
Good Morning Ilango Sir and others.
Big 3rd wave ,yummy yummy, than expect market where to gone???1st is 5965-5823 2nd from 5823-59393rd from 5939 to 5798 @100%1st tgt and jnsar tgt5656 @200%aish karo yaro
as per master's breakout day calculationNifty must down -90 to -100 today for breakdownhai na master i m right ya wrong
Prithvi, Ghee and sugar in advance....
@debdeepKaju me ghee fry karna
@ Que sera sera,Closing below DHEma, it is a sell on rises.WHEma @ 5894 may be tested(I have wrongly shown as 5870 but even that error was useful...!)during intraday.Hence, sell around there.38% @ 588650% @ 589461.8% @ 5901."Sell on rises" should make the price close below DEma-5903 failing which weakness would be challenged. Hence, watch these.
@ Brad,Let us not take these Hour EW labels "too seriously". However, watch for "weakness to continue" OR "invalidate weakening labels".EW done in month chart & week charts have stood for very long time.Hour could be challenging.It should be read as "relevant for the current prices unfolding".
ABC wave is bigger than 2nd and 4th waveit means A wave give minimum 267 point
@IlangoDigesting your comments above, would it then be prudent to short closer to EOD? I ask because your comments suggest a possibility of NS having taken channel supports and the uptrend continuing?
@pruthviif this is 3rd, should be confirm by price action. it should make lower lows every hour. it looks like corrective wave only till now.give some more down side. week trend is up with momentum, god knows what is coming.
@ ANMP: A 300 pt upmove to 61K , vide C.5 in Jan'13 ?? But this time u hv to pray properly to Wave Gods , last time jaise nahi chalega ;-)
@anmpatel,JNSar short trigger hua,Mere liye ye 3rd wave ho gaya
Thank master...it almost equals HLEMA, HEMA HHEMA :)
hour ke sare low morning me khulte hi de diyeab hour me baki bacha hi nahi to new low kya khakh degi
@Arjun: Once Aim is made, just release. It will reach the target....
Small cup and handle in 2 min chart. neckline 5880-81, target 5900.
Stocks lover can have a look at adani enterprise. Looks like 3rd wave down started there or below 269.
@Raja: Where is the Tgt ? Pls specify first ;-)
Master,b wave playing flat in 2 min charts?thank you
@ Que sera sera,Good.
New Post Done.