@ S4S:Not convinced on this up-move...what is ur sense?
5808 - 5677=131*73%=95=5772....done....80%=5781..not touched...5677 to 5775=98*61.8%=60=5715...done....5775 to 5713=62*50%=31=5744.......touched 5739 so far...
Intraday BNF if holds 10147 & moves above 10170, may continue the upmove..
5677 to 5775=98*80%=78=5697.......
so 5781 and 5697...IMP for the remaining one hour.......
5740 area ..HOURLY 5 EMA......+ 50%......+ 2 HOURE CLOSE
Hi , dear sr,plz any comment regarding nifty countregards, Alpesh
5747....MIDPOINT of PIVOT and R1
Big hands playing AxisBank... Today's candle reverses yesterday's candle.
Respected sriram sir as per yesturdays low high till now nifty for today has made HH LH which is early signs of reversal pls tell me am in thinking in right direction.as it has crossed dhema pls guide
BNF should now hold 10255 and move above 10279.. EOD close above 10255 is preferrable for the upmove to continue tomorrow..
@sir,From pre market view : if prices hold 5691 and if they surpass 5824 Nifty is in its corrective second wave.......this is still valid right ?
extreme high level manipulation in nifty, bank nifty. what i observe.
Prabakar...counter tradeaa ? :)
@ Jigar,We updated our observations of pre-mkt with this:Ilango said...Since the move from 5676 to 5809 is of 3 wave structure, prices are likely to trade in "5675-5810" as a flat if it is a 2nd wave.If (iv)th is completed @ 5809, prices would break below 5676 towards 5651, MLEma.August 1, 2013 at 11:29 AM
Respected llango sir is HH and LH formation r signs of reversal if so can we consider nifty move for today as one of them pls guide
Ada Spam Baba iththana commenta porukka mudincha unakku ennoda comment thaan kitachucha!
Venkat.. Hour tempt pannudhu.. :)
big salute to the fii's ruling and running india's nifty.
@ Dharmu,Todays Low is lower than ysdays Low by 10p in NS.Prefer to track NS (as its free from premium volatility, tho many ppl swear by NF)Market looks weak only to simple eyes
Thank you sir
@ dharmu mishra,There is no HH & HL even in hour chart.Prices came to the previous bottom.It is a pause; it is a sideways range between "5675-5810".Markets eventually break down once the correction is over.
Master,Any outlook on GoldBees?Looks a fantastic Bull Flag Consolidation , right place to go long, if EOD close > 5DEMA sir?
Holding "5710", the complex "b" would attempt 5800 again & fall again to complete (b) and then rally higher to 5800+ again, provided "5675" is held for 2 days.
@ shriram,"2620-30" is critical.
MasterThank u :-)
SirSo should we try long trades or range trades till 5710 is held to ride this b-wave?
Respected shriram sir as per TT above in daily low column 5677 is todays low and 5676 is ysdays low . i know i m making mistake somewere pls correct me with ur guidence thanks
@ anand,Such a phase offers a lot of "Intraday trading ops", provided one is patient to initiate trades at appropriate levels."Downtrend is intact" and any gap up due to external cues would provide some trading ops.
prabakar, real guts to trade BN that too counter trade...my dream is to tame BN.
respected llango sir thanks for ur response and sorry for disturbing u
Thanks a lot sir!
@ dharmu mishra,Please do not take "one point" diff as a higher low for a new trend.
Respected sir thanks i will keepp this lesson in my mind thank a lot
Respected llango sir thanks i will keep this lesson in my mind thank a lot
SIRYour PATIENCE, Dedication,compassion for simpletons.You are Great.Nalla Manam Vaazhga.Naadu Potra Vaazhga.RaviIndha Poovodu seyrndha Naarum manam perumo?
To the best of my knowledge Ours is the only Blog connected to NIFTY which is dedicated to the core.Last but not the leastFREE.