@ITradeforProfitARe you seeing 200 point decline from here? Do you like to put any kind of timeline also for this decline????
@cdg,after being under the able guidance of master, I have stopped setting targets, and more so timelines.All i can see at this point of time is a high possibility of decline towards developing day JNSAR
ITradeForProfit,Thanks and no offense please. I was just curious..Regards
Spot Crossing 5855/5875 can be considered.
ns may trgt 5840 near levels near 2.00pmfriday post:bearish ww trgt as posted on friday5848-52(pt4) range may lend intraday suppthen nifty may again move near 5884 levels near eodwill complete pt 5 of bearish WW pattern in niftytrgt 5840 on mondaycaution:any gap up opening on monday again may distort this pattern and view will be negatedon friday ns took supp at 5852 near 2pm and then made high of 5885 near eodno gapup today
recalib the EW count for todays moves ..Opt 1: Expanded FLAT in play as ..a 5862 5875 13 b 5875 5860 -15 -115.4%c 5860 5878 18 138.2%Copy-book C Shud do 1.618xA = 5881 & then FALLOpt 2: ZZ up from 5860 as ..a 5860 5873 13 b 5873 5863 -10 -76.9%c 5863 5876 13 100.0%Max can do 1.618xA = 5884Either way wid 5884 as SL, Shorts may just give a 40 pts move DOWN to 5840-20
5899 to 5860 fall in 5 wave structure suggesting a "zigzag" correction.Zigzag's bounce should not retrace 80% which is 5891.Ideal resistance should be 50% to 61.8%-5880-84.
@mastercan you guide on TATA COMMUNICATION todays move? today it down almost 3%. thanks.
5900 can be a stiff resistance. It makes sense to initiate aggressive shorts with a small sl. If interested, please refer the chart in my blog. This chart is weekly.
If 5900 as resistance fails, Nifty gains can be huge as it will be in unchartered territoty and also retraced more than 80% of last year's loss. It can be highly bullish as it happened in 2009 where Ilangoji gave a weekly chart saying BO after some 46 weeks of consolidation.
@Shriram,if my observation is correct NS is getting sharply resisted around 5881-83..
Hi CDG,Re-test of DHiEMA (5820) banta hein, before next sub-frac up ...Weakness will be confirmed < 5860That is guiding my 2 intra-counts, similarly anything > 5890 is STRENGTH,TIME FOR SAPAAD , cu later, Bon Appetit! :-)
now if in next 20-30min if ns could not break and sustain abv 12130 then a fast fall setup may emerge in intraday 5 min charts
@s4s: you meant bns or bnf ?
Indian Parliament will debate and vote on the issue of 51% FDI share in Indian retail business and also will vote. BSP is in bargain mood to lend support favouring this bill.If this important bill is passed in both Rajyasabha and Loksabha, it will boost the market sentiment.
GA sir nd friends :)Gauresh -ji - "Life is all about timining..." soooooo nice...again requesting you kindly consider..= pls. make a PDF all ur quotes or word document and send it to group or "ONLY TO ME" :D i would like to protect it for my daughter too. ofcourse at ur free time."the unchangeable people" will change?? some i hv seen "changing at their last moments" some at half..some realizing early..some not at all realzing and gng to "uppar wala" straight :) OMG wat to say?? tks onceagain..keep posting.
Zigzag: a: 5899-5860=39b: 5860-5883(around 5880-5884 zone)c: 5883-39=5844.
Parimal - it will boost the market sentiment. it's our opinion...wat about mkt's opinion??? :) Sushma -ji supporting MODI-ji..howmany big mkt participants like MODI-JI as "PM"????? in coming election
bye - me too gng for SAPPAD - will land @ shriram-ji's house soon :)
can be a doji day today
Hello Sis SujathaWhat is wrong with Modi if he is supported as future PM? most of the India business and industry houses rub shoulders with Modi and certainly not with Sonia!Rather than my personal opinion, let us see how market takes this bill.
@Sujatha,Good Afternoon.///send it to group or "ONLY TO ME" :Dரொம்ப நல்ல எண்ணம்!
Dear llangojiThanks a lot for all your guidance.Regards
@Sujatha,JN ல் உள்ள நல்ல + முக்கிய பதிவுகள் + கமெண்ட்ஸ் உங்கள மாதிரி சீனியர் யாரவது கம்பைல் பண்ணா நல்லா இருக்கும்.
Julius ... Engita oru excel irukku.. ilango comments mattuthan.. if you want i can send it..
5828 to 5899Retracements5872-5864-585580% Mark@5842
@Mr.Kranti,Please send it to my mail & if u wish post in JN groups too. Thanks in Advance.
@masterre postedanmpatel said...@mastercan you guide on TATACOMMUNICATION todays move?today it down almost 3%. thanks.December 3, 2012 12:47 PMthanks.
Julius..mail sent ..Thanks
@ anmpatel,It was for investment. Keep a SL of your choice if uncomfortable. I do not monitor it daily.
--> BackSuja : u want to come to my home for lunch, ur most welcome, but dont blame the cooking ;-)
Honda Siel Power makes a high at 620. 52Wk high is recorded at 666. if breaks out of this resistance, the stock can rally to higher levels.
Sujatha..shriram's cooking will based on extreme calculations and measurements...So u can blame the mathematics and statistics
@Mr.Kranti,Thank You - received.
New Post Done.
Nilesh.. I am male only..name sounds like female