1.Nifty has commenced its 3rd wave down and the current bounce is minor "ii" of 3.
2.Nifty is still in its 2nd wave and the new low on Friday is the irregular 2.b and the 2.c is on.
3.Nifty completed the 5 on Friday @ 5854 and a rally for the entire fall from 6112 to 5854 is on.
These are the 3 possibilities in contention.
Above 5949, the 1st view will get cancelled out temporarily.
Below 5840, 2nd, 3rd view will get negated and iiird of 3rd would be in contention (1st view back in contention with changes in sub-waves).
2.Nifty is still in its 2nd wave and the new low on Friday is the irregular 2.b and the 2.c is on.
3.Nifty completed the 5 on Friday @ 5854 and a rally for the entire fall from 6112 to 5854 is on.
These are the 3 possibilities in contention.
Above 5949, the 1st view will get cancelled out temporarily.
Below 5840, 2nd, 3rd view will get negated and iiird of 3rd would be in contention (1st view back in contention with changes in sub-waves).
24 comments:
Good Morning Sir,
Good Morning, Ilango Ji
VERY HAPPY GOOD MORNING ILANGO SIR & FRIENDS.
Good Morning Ilango Sir and Friends
RCOM Chart analysis: CLICK HERE
Good Morning Sir & All Friends.
Fii sold 1400 crore index futures in 2 days with increase in open interest..can we assume 5840 would be broken?
Good Morning Master and Seniors..
Ilangoji,
Good Morning
Good morning Ilango sir & all blogmates.
Rgds
Saravanan
JNSAR is 5920 this number is game changer today. below this as per plan.
Good morning Illango sir & Friends.,
wish you to have happy trading
Namaste Dear Sir and all friends
Have a nice day of trading
Good morning everyone.
Good Morning Sir & All
Namaste Ilango Sir and fellow bloggers
LV
Good Morning Master & Friends
Sir ILango ji and everyone good morning
Goodmorning Ilango Sir and all seniors.
ATR Based Trading Signals
Buy Zone : From 5874.7 to 5862.95
Breakdown below : 5860.6
Breakdown target : 5829.7
Sell Zone : From 5921.7 to 5933.45
Breakout above : 5935.8
Breakout target : 5970.7
Axis bank support 1430 holding the same will push price higher... weak below it
Good morning sir & friends.
Good morning master & JN family
Have a nice day !
Good morning llango sir and all seniors
New Post Done.
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