Jsw Steel flag breakout ...
--> backMaster,Today's price action, if suppressed below 5540-60 zone, can it be a simple Bear Flag , opening up further lows..May be if EOD close is < DLo, then this gains credence , sir ??
Bulls trying hard to stay above 5535..
@mynac bhau,Namaskar, Bulls ni kitihi prayatna kele tari tyanchya kasara S tai chya hatat aahe. ti tyna udalu det nahiye. :)
Ilango sir,if i join 9th Apr. high 5603.05 with 11th Apr. high 5610.6 and 10th Apr. low 5477 and 11th apr. low 5543it looks like a symm. triangle.. breakout happened today
this triangle can be seen on hourly
Dear Nilesh :)
जसा आयुर्विम्याला पर्याय नाही तसच काहीस झालंय म्हणजे .:)
mynac ji is 5535 HVT
@master5501-5544...80% is 5510 broken...and no weakness? can u explain me this. thanks in advance.
@mynac bhau,Nifty oi above 2cr in 2nd week @ month low nifty. How it can be read?
Dear amber,There are just 4 HVt's today 3 of them @ the opening @ 5516.90,5519.45,5520.7 & one trade around 12'O clock @ 5536.95
anmpatelThe last hourly close is above HLEMA which represents a sideways range and if i join todays highs and lows there is a wedge present on hourly charts. A breakout will confirm further moves.. (i am sorry i knw u are asking Ilango on this, bt i thought this might answer ur question.)
5535 has it's own importance from weekly and Monthly perspective.
weekly train aane ka time ho gaya hai dosto!!!
Camarilla Update : Nifty SpotExp.H3  as Contra!Observe...
mynac ji thnx
Camarilla Update : Nifty SpotExp.H3  as Contra!5Mins PINBAR Alert.
Hey what do we mean by L1,H3,H4 n all ..I m a newbie I don't know abt u.. Would be gratefull if u cud xplain
SBI got reisted at 5wcma
Ilango ji, bear flag theory in sync wid simple ABC done here ??
@ Shriram,"5544" - once broken, has acted as resistance thrice today.Yes. It looks a bear flag.
shriram,hardluck, many tries only silence from Master :))
Master and friends,Todays the Nifty fall is mainly because of infy. Was there any cues in Tecnhicals of Infy yesterday, because it closed very string yesterday, hence asking
Hello Shriram, Bear flag on which timeframe ? Also can you please explain little about Simple ABC if time permits.Thank you.
Dear shriram,Will Bulls try hard enough to conquer 5544 first and then 5560-75 in last Hr.?
respected llango sirwhen we can consider this bear flag invalide
@shriram, what is the confirmation point of this bear flag. will it be 5501 or the 5477. and what will be the negating point. Kindly suggest
Till now Bears have failed to press the Nifty decisively below the opening mark of today. I will be cautious in trusting the Bears.still 30 mins more to go.
Master : thank u:-)@ Tushar: intra-day bole to 5mins, 30mins, take ur pic.. intra day price dataABC is the notation to lable suspected "corrective"Mynac rao :Dev. Dlo @ 5520 .. & we have u-turned today on day TA (5DEMA basis)Ata tumhich sanga :-)
@ Jitendra Mishra,Not breaking 5520 & moving past 5550.
Shriramji Thank you. :)
Read as Moving past "5540"(80%)
thank u llango sir
Law of averages la dharun kiman ekda tari Bulls ni ek jordar ghus fight karaycha prayatna kela pahije as atta tari vatatay...karan tyanchi itaki shala houn basliye ki tyannach sudharat nahiye..:)
5544 - 50 Week SMA
@mynacjiwhenever nf come near 5545 OI increase and also when nifty reach at 5530 OI increase. can u explain this.thanks.
Sir, my conservative trade (bot @5541) got stopped today (brk below 5520 NS). Can I initiate long (closing may be above 5520 NS) again here ? Or better to wait for Monday morning ?
hahah..Mynac: I think Law of Avgs perfectly fits Tendlya..When Age was on his side, Avg was high, now that he doesn't take clue from REALITY of Advancing years, the Avg is moving back to Mediocre levelsA realtime ex of law of Avgs ;-)
Nf avg closing approx at 5530 below wlema, but above hr and day lema.Close above dev pivot 5523 levels and below eekly pivot aprox 5539
at last 5400PE covered 4lac...
It looks nifty close between 5515 - 5228
ema c/oAlso in day charts, 50/100 ema c/o and 20/200 ema c/o in place in week chart 10/20 ema c/o in placeSma c/odaily, 5,10 vs 200 and 50/100 sma c/o in placeweekly 10/20 c/o
Julius - am with "oru call" as the no. protects @ EOD..any thud sound if u heard on monday morning that's mine :(
@masterwhy did you removed small blue 'b'? is primary count change? and red c/(iii) in show now?i am learning from your labels.thanks.
NF premium of 7 turned to discount of 61.80 today.IMO huge shorts added in last half an hour.Further confirms to Master's Bear Flag....Yuppie.