If it is the "irregular Flat correction" from 5879 lows, it may not make highs above 5970; but of it holds 5901, it could.
If it is the correction from 5854, "a" done @ 5971 and the "frustrating b" wave would unfold today.
Accordingly, resistances would be @ 5945-70 and supports @ 5910-20.
Being another "abc" from 5854 to 5971, is it another "Flat", if 5 done @ 5854.
It is definitely one of the challenging phase...
"5942" & "5901" would be crucial numbers.



If it is the correction from 5854, "a" done @ 5971 and the "frustrating b" wave would unfold today.
Accordingly, resistances would be @ 5945-70 and supports @ 5910-20.
Being another "abc" from 5854 to 5971, is it another "Flat", if 5 done @ 5854.
It is definitely one of the challenging phase...
"5942" & "5901" would be crucial numbers.
29 comments:
Good Morning, Ilango Ji
Good Morning Master & Friends
Hi,
Anybody has view on tata steel ?
Good morning illango sir ^JN Friends
Ilangoji,
Good Morning
Good Morning Ilango Sir
Good morning Gurudev and friends
Good Morning Ilango Sir and Friends...
Good Morning sir & friends.
ATR Based Trading Signals
Buy Zone : From 5918.55 to 5906.3
Breakdown below : 5903.85
Breakdown target : 5836.15
Sell Zone : From 5967.55 to 5979.8
Breakout above : 5982.25
Breakout target : 5983.15
Namaste Dear Sir and all friends
have a nice day of trading
Good Morning Sir and dear friends.
R/Ilango Sir, Namaste n Namaskaar 2 all reader's.
Why such a poor opening? What happened to the uptrend? Are we just mirroring the global sentiments?
@Master,
Conservative trade can be taken here ? As Open High Same & 5910 Broken.?
GM sir nd friends :)
"It is definitely one of the challenging phase.." - but it's trader's paradise sir. Excellent downside :D :) Looks like 5901 breakes this time again to 5830?? not too greedy..but with small calculations and will change my mindset.
Sujatha: VGM and you made the market to your way. Great prediction.
Suja sis,
gm.
both s1/2 are violated.
S3 is 5896.
ND Sir's site says...
Breakdown occurred below 5903.85
Breakdown target : 5847.65
SL for short positions : 5921.15
Sir ILango ji and everyone good morning
Good Morning Master and Seniors...
Goodmorning ji and all
nifty trading below INS 5928 amd SS 5921
nifty may tuch 59440.
Good Morning Master and copy to All
Sorry nifty may tuch 5944.
Morning to Ilango Sir and Friends.
As the last leg of Feb series & budget day come close...best to trade PUT options and take small profits. Entry points can be devised as per levels given in JN TA file.
As per astro cycle, Moon in Gemini and Saturn-Rahu combination in Libra causes confusion. So, tight targets/SL have to be adhered to.
Rest, the guidance from Sir & friends on this forum are as such there.
Happy Trading.
JNSAR triggered short at 5915.
5901 is here !
srn
yesterday you said price is above support so will gap up
today ur saying price below support mkt will go up
Cannot understand :(
Yes mr dinesh but the gap 5921 to 5937 have to fill, if fill the gap it comes above support.
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