Hi BBmetals are melting all over. NMDC included in Nifty and lost 10% since and still losing.it can be sell on rise for Tata Steel.
a small +WW developing in 2 min chartsmay trgt 5964 near 11.20am
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CNX IT, CNX Metals looks bullish for short term. May 3 to 5% from yesterdays close. BankNifty & CNX Finance looks short term bearish.
5964 nearly done but much earliernow ns may trgt 5972 near 11.20am
TATASTEEL target 327 in may Futures
WW patterns indicating probable ns may move up towards 5972 near 11.20am(pt6 of a +WW) and then may dip towards 5925ns intraday to form pt5 of a larger +ww for trgt near 6005-6024 till tomorrow
5956 looks resisting for now.
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, Pivot-5964, S1-5922, R1-5990, ATP-5951, VWAP-5951Its evenly distributed at 5900 level, with no party having clear majority, seems like a range bound day if stays within 5925-5974 NF…Thanks & Regards
At 5965: PT 5 of ww as indicated by S4S Also will be 5th wave from 5931
GM Master & JN family,Intra Bull Flag forming..If NS can scale 5965, Bulls may target 5980 /95Keep eyes on OTM CE / PE today...
Good Morning Master and copy to All
@ Eidiot Wave:the biggest mistake literally, is in the NAME ;-)
Good morning Dr sir..
@ S4S,will you show me you WW pattern chart on which you commmented ...plzz
5970.XXWAS expecting ns to test 5972 near 11.20nearly did itnow expecting a dip towards 5927-22 range
S4S,always bang on.....
@ Eidiot :tats ur personal choice & preference. Its the human thats the idiot, not the stock-market or the EW model. Ur name suggests ridicule towards EW.Since u claim to be learning EW, Y not change the name to something wholesome / role-model / inspiring for other EW aspirants ?
Good Morning Ilango Sir and Blogmates.
Image of the dayhttp://www.wildwoodcircle.com/wp-content/uploads/2012/08/pagan-funny-know-how-use-broom.jpg
5976 ns is res of T/L joining 6019 and 6000my sl for larger +WW pattern is abv 5989ns
Greetings Master and Friends,wish you all a happy trading ahead
dear $4$i am you fan & also AC hahhahahahnice one again
Camarilla Update - Nifty SpotScenario#2H4@5983 ↑H3@5963 ↓Backtest Rules - 20pts SL - Partbook 1:1 - Remaining TSL using TL/MA
Master,to simple eyes, if DHiEMA holds, we shud see 90 pts up to 6050-70 range in next 2-3 days vide a Bull Flag , classic TA...Does EW corroborate, this possibility ?
ilngo sir b completed?
based on the price action...if it holding 5972we may see 6000601660446116
can any one guide me with the values of weekly and monthly channel tops?thanks
Intra shorts can be initiated below day pivot - 5958 (which is also 38% retrace of the rise 5928-5976) keeping day's high as SL Or it can be initiated @5986-5990 keeping 6002 as Sl, which is the previous high.
@ shriram,A channel break & a move back into it could be re-labelled as some (v)th wave possibility, provided the rising 34Hr sma is held.But if you take BN & other leading stocks' behaviour into a/c, a correction is on - Sell on rises....and buy on dips.
tks master !
New Post Done.