@ JRJ,Cam mid point also 6069 :)
Today hr close never happened above Hr High Ema.
--> backMaster, Is this a ED forming, pt "e" under way ?
Hi Shriramif this is ED (as some pointed out) what could be trgt of 'e'!
Hi Parimal ...50%-61.8% x 6025-6085 from 6054 ..c 6025 6085 60 d 6085 6054 -31 -51.7%e 6054 6084 30 50.0%Either done @ 6085 or 1 more small top @ 6091..
@ shriram,If "ED", it could only be from 6025 but is incomplete. I don't see it that way.
shriraa, hopefully very small e,now below sirs 6069, cam mid pointbelow NF VAH 6072, lets see whether yesterday POC 6059 gets broken
channel support NEAR 6044NS
master,Quick re-calib..Can this be the ED done ??a 5929 6070 141 b 6070 6025 -45 -31.9%c 6025 6085 60 42.6%d 6085 6054 -31 68.9%e 6054 6084 30 50.0%
Hi Chetas..If Dev. Dhi EMA goes, then ED is done , is the feeling...wot r u seeing?
Appearance from 5500 to 6085 is as if early stage of rounding top ( A Quadrant)
is the hanging man being played out!
Wish - Close below DHEma today, break 6000-6019 by this week.
@ Shriram,yes watching the same, Dev Hema, we are currently there.also 6100/6200 ce addition gives some confidence
NS at 21hrsma and DHEMA
Sell signal will confirm by Nifty Future closing below last days low which is now 6025.
Shriram/ Chetasshould i go short pls suggest!
Parimal,Close may b > DHi .. better to see afresh tomo, wid no positionsAlso OTM PE OI is still highLets wait for master's i/p on the Wave count now
now moving abv 6062-6065 will not be good for selling.
Parimal,Average closing looks like above hema, avg running at 6049, would not fresh shorts now,
if it dosnt cross 6060 i will go will sell position for tomoro
JRJ "The Idiot and the Moon" :):) Good one. Thx for the mail.