Live in a world where this is the norm and not the exception

Here's a love story for the ages — or the movies. Iowa couple Norma and Gordon Yeager were both in their 90s and had been married 72 years when they were hospitalized following a car accident. The nurses and doctor kept the two together in the intensive care unit, and they lay there, barely responsive but holding hands. Gordon passed away, and, exactly one hour later, Norma followed him, still holding his hand. "They just loved being together," says their son Dennis. "He always said, 'I can't go until she does because I gotta stay here for her.' And she would say the same thing." Here, a brief guide to their incredible story:

Nifty, downtrending on week TA, closes the week at its lowest.

Nifty Intraday Update-III

Nifty Intraday Update-II

Nifty Intraday Update-I

Nifty Pre-Market View.

A trending market with higher T/F in confirmed downtrend(week) needs to be treated differently and "lots of patience" is required to make big money.
EOD prices remain same on some days but "intraday rallies" get sold into. As a trader, you make "more money", playing those moves.
We have shown in the past few days-7th May, 8th May, 9th May, 10th May- how to initiate such trades using developing resistances along with fibonacci retracements. And they definitely are not "peanuts". Infact, they improve your "SAR performances" in a significant way.
Aren't we all traders? Rising market in downtrend offers you "Juicy opportunities" and you need to be like the smart farmer who identifies ripe fruits & pluck them. Identify those amazing opportunities to initiate trades and that is called "catching a running train at junctions till the engine is put in reverse direction".
In such downtrends, I still strongly recommend you to "Sell on rises", leaving out the "counter trend rallies" till a reversal signal emerges.
Just as "Dinesh Rishi" prefers to "Only buys in an uptrend", you could adopt "Only sells in downtrends".After all, a trend is a trend...whether "Up or Down" and a trader would do well to know the trend and play along.
5 sma is like the "Indian rope trick in a trending market" that prices keep coming back to it and moves away. It did so on the "GARR day and yesterday" and that is 2 great opportunities. Similar thing happened in BN & many stocks too.This is also called "catching up with averages".
Take advantage of the steady, disciplined contributors: "Mynac"(KST/ OI), "Sanjay Jaiswal(OI)", Cooldent(JNSAR), Shriram(Google 30min TA),J.R.Julius(Camarilla)& DineshRishi(Disciplined TA) and others to be identified once consistency is visible.

Nifty continuing to get sold on rises & has reached the decisive 4950-golden ratio.

Nifty Intraday Update-III

Nifty Intraday Update-II

NIfty Intraday Update-I

Nifty Pre-Market View.

Nifty is closer to the down trending channel bottom.
Holding lows @ 4935-55, it could attempt a retracing bounce for the last fall initially.
"5021-5061" are the 38%-61.8% retracement resistances.(Revise it if new lows made at open).
Notice in the channel how the earlier bounce from 5161 has facilitated for deeper falls from 5280.
Earlier bounce was an irregular flat. This could either be a zigzag or a triangle!
(My office "Net" is down since 2.30PM yesterday...hoping it'll be up this morning as promised by Airtel)

Nifty's fall getting steeper by the day (iiird of 3rd??)and has reached the critical point.

Nifty Intraday Update-III

Nifty Intraday Update-II

Nifty Intrday Update-I

Nifty Pre-Market View

Knowing EW reveals to you that the rises during major downtrend are correctives and knowing classic TA shows you the likely resistances. More such clues are revealed such as negation points, targets, etc.. A more bearish chart is shown in the "5-Minute spot" below the "Hour chart". Accordingly, we'll look for a deeper cut if its the "3rd wave". If it is "v"th wave as shown in Hour chart, it should pause around 4900-50. Trading below 4990 & 5035 is weakness for deeper falls. "Sell on rise" continues... till a close above DLEma.

Nifty's news driven pull-back met with prompt selling...being in downtrend.

Nifty Intraday Update-III

Nifty Intraday Update-II

Nifty Intraday Update-I

Nifty Pre-Market View.

Dear Rajandran.R, (Marketcalls)
Many many Happy returns of the day.
Our best wishes for your glorious market journey, being shared with everyone liberally.
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The "i,ii,iii,iv" labelling could be changed to "abc-x". This is a bearish view.
The green "C" indicates the completion of "B" correction for the "A" rise of 4531 to 5630, provided the correction/ fall of next 2 days limit itself to 61.8% of the rise from 4988.
For the day, Nifty is weak below 5125-200sma and more below 5075 & 5045.
Resistances would start from 5136-80, earlier support points.
Watch out for any weakness at or around "Midpoint crisis".

Nifty gets into a "trading mode" with a close above Low Emas..

Weakness would resume below Day pivot-5075& HLEma(5045) and if resisted @ earlier supports of 5135-80 zone, for more downsides towards 4800. Nifty has shown a sharp recovery from 4988 and has closed above "all Low emas" for a "trading mode" till closing above 5DEma for a "buy signal".
There are two scenarios at work:
Bullish:Correction to the rise done @ 4988 (or another low closer to 4950) and a new uptrend could be underway. This will be tested in the next 2-3 days whether prices move past 5205.
Bearish: This sharp bounce meets with resistances around previous lows of 5135-5180 zone and resumes downtrend.
Price behaviour, US markets' short term reversal possibility, Rupee's Technicals would have clues to the "Choice" market makes.

Nifty Intraday Update-III

Nifty Intraday Update-II

Nifty Intraday Update-I

Nifty Pre-Market View

Nifty, breaking below "5170" at the open with weak TA & -ve global cues gave the indications of "sub-dividing "3"rd wave. Below 5081-50%, it is set for 4951-61.8% and looking at the weakening technicals, it would reach for 4800 in May(once 4950 gives way), having resolved to downsides after being in a "sideways mode" for a long period of time.
Each wave within this 3rd wave seems to be sub-dividing and hence utilise every bounces to "sell" and if you are inclined to only buying, then wait for the downward momentum to show weakness with a close above DLEma & the week's also.
Big gains are made by "sitting tight longest", especially in downtrends.