@ nitin kadam5th of 3rd wave is on andsub wave 5th of wave 5th is currently onApril 22, 2013 at 2:21 PM
Again 5808 NS proves important. Its 61.8 % of the rise 5795 - 5828 NS.
sir now at what level confirmed that 5th wave completed? and corrective 4th will on?
@divya thakor,Thank you!
Hi Shriramthere is striking disparity between premiums of 5800CE and 5900CE, does this say anything!
Hi parimal,SJ is the right expert for this.. to my simple eyes , now with just 2 more sessions to go the Fight seems @ 5800 strike
ANOTHEr small bearish WW may developns may move up again for higher high from cmp of 5826ns towards 5839 and then may dip towards 5823 near eod
Thanks Shriramthat's quite logical indeed
Master,Please post the Thursday 18-Apr-2013 and Today 2 min EW labelled chart.
Master, pls guide us in the last hour of trade today as u had done last Friday. Will be extremely grateful on ur guidance as am not sure if I should carry fwd my longs.
5 mini waves done from the lows of 5795.
@abhishek saboo,MASTER IS LIKE A SIGN POST.you need to decide on your own how far u like to travel down the path.grow up....
And if it moves past 5835, then extension is on...
sir at what level confirmed that corrective 4 is on?
@durgaHave just started walking, hence will be useful to keep seeing sign posts regularly on the way to make sure I am on the right path. U seem to be an experienced hand but I definitely need support at this juncture to ensure I don't lose my way.
Master,Looking @ OI and the "FORM" of upswing from 5501is it possible that one full set of 5waves may be ending shortly, or has ended as 5501-5836 ?1 5478 5611 -133 2 5611 5501 110 -82.7%3 5501 5836 -335 251.9%4th to commence...
Thnx master for the updates.
5920 seems to be on cards before expiry.
sir is it possible that on daily t/f it is a expanding triangle an A,B,C done and D is on the verge of complition.
@ shriram,No weakness seen in TT yet.If larger 5th, following minute waves would be a waste.In a simple observation, it seems a 5 waves done from 5500 to 5836. However, there seem to be something lacking in conviction.
Thanks Shriram,Parimal, its only because of Expiry being 2 sessions away.nothing construed from that and its only writing. Till now i have not witnessed any buying interest in 5900 series.Regards
@ divya thakor,Not considered yet.It is also a possibility but it does not harmonise with regular technicals.
Tks Ilango ji :-)@ Divya: answering for master, cannot be expanding as intra "c" < "a"what can be is a Developing Expanding Trig. with C in play from 5795-5836**
@master and all seniorsthanks for all guidance....it is helping me to "sitting tight" now just waiting to cross 5845...bye take care.
No weakness is seen nifty yet. Below 5760 Nifty may be weak. Untill then 5920 - 5945 is expected in extention.