Friday, July 26, 2013

Nifty makes a bearish "Evening star" pattern in the weekly T/F.



11 comments:

Adrian Jose said...

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

jc said...

My experience:
Evening star's often fail on downward bias in a bull mkt....
Since we are 6% away from life high wont call it a bear mkt yet...
I think this will only make the bull launch an attack in furious manner..

Aijaz said...

I am just sitting tight after JNSAR hit at 6008 on Wednesday...learning from Ilango Sir...Thanks

Will exit only when the JNSAR hits again :)

Murella Saibaba said...

@jc
yes if only next week candle closes above the high of this week ,,then
we call this as pause star
RBI policy has that power provided nifty is hovering around 5D EMA BY THAT TIME

jc said...
This comment has been removed by the author.
San said...

Good Morning Ilango Sir and Friends

NIFTY Weekend update: CLICK HERE

jc said...
This comment has been removed by the author.
HARISH TAHKKAR said...

1st selling point DLEMA = 5929 SLO DCEMS = 5950 (20 points)
( 23% Fibo of last fall 5922,Mid point of the week = 5926.)
Golden Ratio sale @61.8 = 6008 SLO 80% = 6048

http://prntscr.com/1hypcg

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