@ilango sir,u said 61.8 % for 5892 to 5939 rise after that u took "5881-95(38%-50%)" some times u take 80% .sir, my question about fibo. no.any cretaria for correction stops diff. fibo. no.it confuses me most of the timewith thanks
--> backIlango ji,After a fast rise from 5823-5939, this shallow fall , showing signs of a CT , shud end @ DhiEMA ??
@ llango sir,i also asked earlier about application of fibb. no. and have same doubt as @ marketrider requestedpls throw some light on this.thanku
@ marketrider,You pick the one that harmonises with other factors such as TT numbers, price clusters/ earlier supports-resistances, etc.But pick..you must.I do not pick randomly but as I see it fit...and there are no fixed rules to it.You'll gain such a knowledge while applying various studies such as "classical TA elaborated in this blog", Elliott wave study with quantitative approach", Tech.table, etc.Certain picks could go wrong; and because of that, should we stop picking??? Only practice makes it sharper..(as shown to Indian cricketers by English)..Somehow, many have chosen to "Pick on me"... Irresistible...!!!!
dear dr ji and friends,is gold bees a good buy @2915 ?
3rd of 3rd may have started ....invalid below 5913.
@ market rider, The most common retracement level for wave 2, b and X is .50 and ,618 of previous wave and for wave 4 it is .382 of prior wave 3
@masterwhat will be TL resistance now?what will be BN JNSAR for tomm?thanks.
@ llango sir,a lot of thanks Regards,
sir, 3rd of 3rd confirmed?
3.00PM TT & Chart updated.
Mera Premium kha gaye gore log
@ anmpatel,what will be TL resistance now? - Far..far away; Not relevant now.what will be BN JNSAR for tomm? - Prices far away.. Not relevant now.
Ilango ji,Not to sound any alarms, but Cum. 6k CE OI has increased again today !How to read this ?
@masterasking about hrly channel. it is broken this hour. thanks.
ilango need ur comments on tatasteel after recent breakout.please reply
@ shriram,What if 6000CE is @ even 2 cr OI???Nifty could still breach it & close below it or @ it on the last day, still serving writers' purpose.
ilango ji, true sir. Q was --> have u seen such high OI in the face of an impulsive move , in all ur years ??
@ Billgates,If you had seen the "Tatasteel TA" file posted last weekend @ JN group, it had the clear break-out above 400.The break-out has come with volumes and has had a follow-up buying today too.Now follow the prices till exhaustion sets in.
@ allWhy premium reduced to 15 point in nifty future and 35 point in BN.? is there any significance of it ?
Nifty premium squeezing. Now only 17 points
running 3rd wave in Sun Pharma, a big rise!!
@ shriram,We have seen few months back very high OI in 5200PE and Nifty dipped below it during intra series.Who are these writers? They are just like you & me.Everyone could go wrong having opinions, including the mightiest FIIs. There have been innumerable instances of their bunglings. And it is very tough on them betting with huge sum of money.
Nifty kept a small gap between 5906-5910 why? considering the broadening top formation, will it try below 5910 tomorrow,its not able to cross the morning high,.. I may be wrong too
@ shriram,6000CE having such a high OI fits with our immediate target zone of 5977-6014.
hahaha... nice sir, tks :-)would love to see the face of a "bungling" FII :-DBye all , good day !
The depth of corrections during this rise from 5823 which is 2 days old have been 16,18,29 points.
@ llango sir,Nifty and Bank nifty both closing above high dema so we should keep hold our long position . am i right sir ?