seems like 5844 is a big resistance. break above 5844 may lead to higher targets 5867 and may even lead to retracing todays downmove completely
Prices have been rejected @ 5845 thrice today.Strength above it.Weakness below it.
Master... You have shown 5th Completed at 6142...is it possible that 3rd got completed there and current fall is 4th one...it has shown breaking of channel and trying to move in it back again...so a 4th bottom @ todays low and now 5th having started for new highs!!??
@ Harsh Mehta,I do not see it that way. I could be wrong.However, such a scenario is possible.
Hello Ilango Sir, is it preparing for fast fall set-up ? PLease guide.
an a-b-c from the lows looks completed. may convert into a 1-2-3-4-5 if 5845 as ilango ji has stated sustains
DLEMA = 5855 tested
Dear Ilango sir,what is the value for today for the trendline connecting 5119 and 5319 lows
I wonder why you are not able to count the recent fall from 6142 as i-ii-iii-iv-v especially after the triangle that formed on the hourly yesterday [typically iv].
all the day point taken back in just 30min
Nifty seems to be in a tearing hurry to move to 5895-5900 levels
kahi...JNSAR...hit na ho jaye....rabba rabba...
can we consider 5811 to 5870 as 'abc' for 4th??
Reversed from 61.8 retrace of fall from 5921 to 5811??
Too early to say.. But 1 ABC bounce looks completed.It could also be only "A" of ABC.
5879 is 61.8% retrace of fall from 5921 to 5811
3.00PM TT & Chart updated.
If closed in positive then hammer??
sirji,during the consolidation period which indicators will indicate (with better probability) the direction of break out/down. thanks
wow,2wave above on JNsar,Sochna padega
hit 200 ma in 5 min charts thank you very much sir !!
@ NSB,You have to take few indicators and take a view.In the present scenario,9 Hr Rsi was in OS but had no divergencewhile14 Hr Rsi was in OS with +ve divergenceand Fast Macd showed +ve divergence in OS zone.
Dear ilango,Is this move from 5811 1-2-3-4-5 form?
SBIN is on good bullish mood... Clears yesterday's high.
@ Aly,Yes. A 5 waves done from 5811 to 5884.
respected llango sir what values for the macd and rsi we should use for 30min chart intraday as i hv only google finance chart to track thanks
@ Jitendra Mishra,In such a short T/F, I see only prices, not indicators.
Master : Indiachart asked one qtn , I would also like to have your comment on same if you wish to..thanking you.. meanwhile 21SMA 5887 and falling
respected llango sir in hrly chart shall we go with 1 thanks 12,26,9 macd or some other values
YOU R SUCH A GOD FOR NIFTY LEVEL THANK U
@Jitendra,Google pe 1hr chart kaha se laoge,to pu6a kyu??
according to your pre market view i just place the limit for nifty and end of the day it works ,,,,,,,,, very very fantaaaaaaaaaaaastic
dear prithvi u r correct but sice sir has guided we should understand it is useless to follow any lower frame than 1hr .we can go for any paid survice charts which provide hrly chart but indicators value r imp hence pucha if u can guide tell me