Reposting : Tata motors update : https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-ash3/936633_155434184632716_1012314967_n.pngPrice kissed blue channel today
a small bullish WW developingmay dip towards 5870-66 range near 12.40-1.00pm to form pt 5 and then may move towards 5889-5906-5917 near eod
@ Jay Mataji,For selling in the larger T/F moves, look for overbought readings & divergences. If it is absent, continue to buy into dips.Our aggressive sell was based on prices @ channel top & a 5 wave completion, followed by "Hour T/F -ve divergence & TT signals.It is meant for intraday as larger trend is "UP"(Week & Day).
Lupin trading at support level of 683-685.. yesterday we have spike above upper price channel https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-ash3/528326_155439554632179_228074457_n.png
Sir, is this irregular correction going on ? If so, then we can expect more dip towards 34 hr SMA ?
Dear Ilango Sir & Blogmates,OI Table Update at 1:00PM, Pivot-5932, S1-5870, R1-5984, ATP-5904, VWAP-5904Nifty is down by around 40 points, but OI is not at all bearish with still a huge amount of addition at 5900PE, whereas not much addition at 5900CE in comparision…Thanks & Regards
Good AfternoonMoving towards 5855: DevHEMA / 50% Retracementas gone below 80% of 5860-5925
@s4su got it on the money !Congrats
ns made alow of 5868 near 1.00pmnow may move up abv 5905 be4 eod(but be4 that a lower low will be tested but just near 5862-66range after test of 5880-82ns levelsprobable path may be 5868-5882-5864-5917
@ S4SWonderful exposition on WW
Sanjay sir,isnt it strange that only addition is seen even in deep itm ce and pe?mean to say no unwinding is seendoes it mean that no big move is possible next week and writers are confident of small range in nifty and may eat prem by keeping ns in small trading range
since now ns moved abv 5889now may see 5897-590158735917
upstart may start after touching 5860.
61.2% retracement completed from 5924 to 5868
hello friends80% of corrections come at 5900. lagata hai uske baad hi weekly train aayegi.
sorry 80% comes at 5913.
@mater if we want to trade on hrly jnsar in line with day jnsar. how much would be sl? same as 20 point in djnsar?means nifty if close above 5884 at 2pm then long trigger so sl will be 5864 or a close below hr jnsar next hour? pl guide.thanks.
--> backSmelling a fall to Dhi to finish a ZZ
@ anmpatel,Intraday trading is best done with Supports and ResistancesIf one hasn't got the selling level at open today, the buying level appeared in the middle of the day to offer some quick gains.
New Post Done.