Upmove from 5693 has completed its "iii"rd wave @ 5833.
Sir - does the move in BN from 10888 to 12556 looks overdone? If so, should we be alert for sharp correction in Nifty and BN?
@Sathis Mam,Kindly confirm the bat pattern completed on daily.
today's opening gap is being filled, it seems
may bounce from 5803-05 range ns for a higher high towards 5837
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Good morning master and blog mates
Dear Sanjay Sir,Your view on markets now?Thanks & Regards
@Master,Is it 3rd of 5th ?if so 5th of 5th will clearly gives breakout above trend line ?Thank You!
SIRis it possible that currently 3.5 is done at 5833 and 4 is on?
Dear Ilango Sir & Blogmates,OI Table Update at 11:00PM, Pivot-5755, S1-5713, R1-5825, ATP-5813, VWAP-5813Day of the 5800PE writers, but 5800CE writers still holding on, the only thorn in this upmove is VIX, which is up by 11%...Thanks & Regards
@ Nitin Kadam,vth of 5th could make a new high within 5845 or it could be truncated also. - This is based on 5 waves completing from 5500, the 3rd wave, 1st being 5477 to 5607/5611.Moving past 5845 would imply an impulsive upmove as in the larger 5th wave shown in weekly chart.Trail...Follow., having partbooked at major resistances of 5823-54 zone.
@NITINKADAM,it could be 3rd of corrective A wave,or it could be 3rd of first wave of BIGGER 5THwave,am i right master?
@ Master ,Thank you very much for reply.
illango sir wld u expect corrective abc to end near 5660 levels
no comments from any one ???
New Post Done.
channel pattern in 5 min charts indicating a dip towards 5780 is possible and then may move up towards 5900+ levels
a -WW developing in ns 2 min chartstrgt 5805-5800 near 1.00pmcmp 5828sl abv 5834