Friends todayis expiry and lets have a contest here.Aprail nifty expiry guessing contest.The rules are simple- There are only 3.a) Just call out the series close for aprailb) No wild guess. A reason is must. Everyboday must give a expected close figure and reason for that.no range (4000-4050) ,only one figure e.g.4000c) You need to do it After 9.15 today and before 2.30.Seniors plz contribute.
@ salimkabani,If it is "A" which had 3 sub-waves, it could retrace any %, even more than 100%. Had it been a 5 sub-waves, it is limited below 80% retrace, preferably @ 61.8%.Hence, move past 5985(80%) is a possiblity.
@VKSoni5800 (Dev week Hema)
Holding "5877" is required for immediate new highs.
@ hemant done
thanx Master, if i wave as 5477 to 5607 then this v th may target 5792+(5607-5477)=5922 OR 5792+1.618*(5607-5477)=6000 which also coincides approx of 5985? Is this explanation correct in view of week & month closing Master?
@ vksoni5783 (Day Hema)
@ prakashbkc ,That is a guiding principle for target calculations.
gm master ,dr ji n all
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, Pivot-5830, R1-5865, R1-5887, ATP-5888, VWAP-5888Based on price action and the option additions, most probable Expiry range for the time being could be 5865-5930…Thanks & Regards
CNX IT index has filled the gap at 6073, created due to Infy 11th Jan gap
Height of last consolidation: 5845-5792=53 points.Break out point @ 5845."Min." target: 5845+53=5898. Done.
my guess for expiry is 5917. 80 points above last close.reason day s macd may turn positive today.looking at momentum nifty could done 100 point and close just below it
sir is that acorrect count?5.1=5791.55 to 5824.355.2=5824.35 to 57965.3=5793 to 5889.605.4=5889.60 to 5882
@ divya thakor,A high possibility.Weak below "5888".
thank you sir
Ilango sir, Wont wave 3 subdivide?i mean after 5.2(5824.35 to 5796)1.3(5796 to 5844)2.3(5844 to 5833)3.3(5833 to 5887)4.3(5887 to 5882.6)a=5887 to 5875; b=5875 to 5889 and c=5889 to 5883and 5.3 is on?Please Guide.
@ Sahil,Many such possibilities in such "tiny T/F". Individual should manage it with a "Trailing number".
Today Nifty is gaining more than BN !! is this giving any clue?
New Post Done.
G.Afty master & JN Family,Smelling a Super Bullish expiry, can Nifty show 6K ?? ... lets c :-)
Expiry may be at 5880 level