In hourly Nifty Spot chart it looks like Rounding Bottom pattern in making.http://prntscr.com/1xfv2y
Another hanging man in the making........?
GA Master, BN not recovered but nifty trying to recover Does any conclusion derived from it as u sometime say BN always lead Nifty
Sir, I am seeing big bear flag for the fall from 6157-6057.Breakdown below 6090 with t1 at 6027 with sl at 6021
Nicely Done Sirji .. with your levels handy, even i can day-trade Nifty :) Respect
Typo. . Sl at 6121.. Bear flag triggered
Sup.6084 6065 6044 res 6104
respected seniorsas it is stated if wave 2 is flat wave 4 will give zig zag correction if currently we see wave 4 unfolding with the same thoughtshow should we make a count nowur reply will enhence my knowledge of understandingthanks in advance
Sirji,any cues for the diaper wearing conservatives, who did extremely good today :) ... can carry shorts with hedge? OR book out to live another day?Rgds,
@sachin,,shorts should look out for a close below DHEMA materializes or not, i suppose!!
6100 6105 ... is 50%-61.8% retrace of the last fall from …… 6122 to 6078 80% is - 6113 If weakness is to return, it should be around 6100 6105 Strength gets confirmed above 6105 OR 6113
will it close below day's Low..!!
Got it Sirji ... Thanks @sarvesh ... need to keep that in mind as well
@ Sachin,The weakness has not yet disturbed the day trend.Today provided a "Trading opportunity" due to OB readings.The (iv)th could continue.OR a (iii)rd/c will open downwards.The above are EW possibilities.Trend remains UP with OB readings.
Sir..wht is the value of day lead indicator coming for today???thx
20 minutes remaining,closing avrage still well above DHEMA
respected llango sirthaks for ur guidence sirit increases confidence in our decision making
61.8% played important in almost each fall/rise today even smallest or large
BN and BNF makes new low in last hour....
OK Sirji, learning slowly ... will grab "chor ki langoti" for today & enter again at opportune time :)
anyone with exact closing avg value ,please!! it seems to be avoe dhema closing till now
6090.31 and flat
now below dhema..do u confirm , anm
@ sarvesh Future is below Daily 5 HEMA by about 16 points as of now
6090.64 little rising...
@Master Can we carry sell position if the close is below DHEMA ????
looks to me closing is below DHEMA and nifty may target 6020 which is bear flag target on thursday
sarvesh...stick to ur system..1 or 2 point doesn't make any diff...stay with bigger trend..
respected llango siri hv not understood a part of what u stated asOR a (iii)rd/c will open downwards.is c means Cwave sir pls explain when u hv time sir
Today NF touched only 6193.6 of Monthly SAR on Nse Tame of 6194.2
average closing 6090. dhema 6091 av closing can e +-2-3 points from 6090