Good afternoon Ilango Sir and all the Blogmates!
6220 NS showing it's value, But still no big sell-off seen.
@ Shirram Sir,+WW on 2min and 5 min still valid?
@ Sonu,On 5mins cant seen any +WW,As far as 2mins, guess the form is morphing into a ABC FLAT (had posted Q to master)If so, and a C wave is playing down from 6220NS, it shud stop near 6160 NS'Uske nicchu reversal ...
@shriramsir's chart from update 1 mentions the (flat) possiblity as i see it
Bearish: 6200 6204 ... is 50%-61.8% retrace of the last fall from …… 6218 to 6182 80% is - 6211 If weakness is to return, it should be around 6200 6204 Strength gets confirmed above 6204 OR 6211
@ piyushthere is also a chance this fall is a Retrace to 6164-6220 (as long as Dev. DHiEMA holds)Let see wot price shows ahead
sir ji,after these weakness and strength how to arrive at tgts-both sides
Honestly, looks more like a time correction...
Again correction could run until 2:30 to 2:40 and then bounce
Ilango Sir, Seniors - Is there any -ve divergence seen on hourly?
2day boring market
@bharatit is there...but day still strong so not that effective so far
@bharattime correction can lead to disappearance of divergence.so then again once hr falls in line with day----momentum picks up on upside..you need to wait let them resolve ..all the best
@Durga - True!
New Post Done.