Friday, May 17, 2013

Nifty, having done 2 days of sideways consolidation, moves higher...



15 comments:

Guru said...

Master - High should be 6200 ? 6199.95

rajapvt said...

Good upmove at the end.

deepak pinto said...

Sir
Last 2 days price action ended like a bull flag classic ta with a sting breakout at the tail.
Market was expected to move up but did it with a nice time corrective.
My observation of the tt is
In a uptrend when prices have moved below dlema and all h emas
And they move back above the hhema in a swift move
A big upmove follows.
Gap up monday is logical expectation.

Adrian Jose said...

I would like to express my sincerest gratitude to … ... Illango Sir,
from your guidance, great kindness and patience and
I wish to say a heartfelt thank you.

vksoni said...
This comment has been removed by the author.
sandeep said...

MASTER in ur series of best articles for the people who question ur intigrity or there self assumption to be always right request to remember this---



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gauresh59 said...

DineshRishi Sir, Specially for you for BankNifty All Time High

https://www.facebook.com/photo.php?fbid=631740310187216&set=p.631740310187216&type=1&theater

jagannathan said...



Sell @ 6310 to 6320NF with a SL 6340NF.
November 8, 2010 at 1:20 PM Yes these are the comments by you.Yesterday nifty has crossed 6200.Will nifty cross 6300?

jagannathan said...

Nifty near the two and a half year high.But,so many stocks like sbi,l&t,reliance,grassim,acc,ambuja,educom,aban, and so many stocks are very far away from their life time high.Then how nifty is very high?On 10/11/2010 sbi result came and the price was 3200 and add.Now it is trading at 2300.1/3 is gone.I don't understand the logic.

Ding A Dong said...
This comment has been removed by the author.
Ding A Dong said...

@jagannathan Sir,

this may answer your logical question....

http://postimg.org/image/bygtskn41/

as i noticed ( I am a Nobel price winner for all my observations hahahhahahhah) this is same as illangos RSI chart above....

all the best sir....

Bharat Bhojwani said...

There is no logic in this nifty upmove. It is only black money becoming white. Nifty is in a strong upmove and on the downside, 3 gann price time supports levels are 6075/6036/5959. 5959 being the strongest of all as of now.

Ding A Dong said...

@Bharat Bhojwani

hey that a toll claim and I will bet (of 1 full masala dosa... hahahhhahahahah) you that majority of people are waiting to know how it is done!

no no (yes man yes!!!) i am not waiting for your answer but just asking this in public ( ya ya all are public na..) interest...

oh oh some politicians are peeping.... somebody just send them away to Switz bank bcoz nifty not sooooooo big......

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