Ascending triangle bo done at 5938 with t1 at 5954 and t2 at 5989 with sl at 5925If not able to breach days high then double top
-WW Anyone if pt 5 at 5950 ????RS
Seems double top in making now. And Ascending triangle sl hit. If double top then breakdown will be from days low ie 5885 with target of 5820 and sl at 5917.5. Seems not possible for me atleast.
October 4, 2013 at 12:55 PM Sujatha said... Goodafternoon all I am new to this blog and trading too...Kindly guide me what i have to follow and learn first to earn consistently. with regards :)
nobody is guiding me??? :P pity status for me :Dhigh 6142 to low of 5700 50% 5920 spot critical resis and negotiating zone 5919 to 39. any negotiation is good here for upmove to 5973/89 or else some dragging possible??PS : always remembering shastriji during "navrathiri" :) HAPPY NAVRATHIRI TO ALLbye
war shall be fought for whema,,
RainMaker,, I was rolling on the floor laughing after seeing Sujatha's comments.. i hope she is not our old back seater sharp classmate..RegardsPrakash
rainmaker - hehe :) i thought people may think "i am a new comer" and reply to me..but all r busy counting money it seems??? :D
Side ways Market 5919..to...5929 + or - 10 points till EOD
She is as sharp in her humour tooWhat an entry !Welcome back Sujatha
@ prabhanshu, what if 4th wave which seems most evident to me is on from 5949 in morning..A done from 5949-5885, B wave retraced it completely and showed bulls intent too by going higher by one point and C wave now on which should minimum do 61.*% of A and should stay above 5885 to complete 4th and then 5th on from monday towards 5970 and upwards
retracements from 5885 to 5950 are 5917 50%, 5910.61.8% and 5898 80%..5885, 100%
Suj actually I was laughing my guts out and nearly waiting for somebody to teach u how to trade here......LOL...ROFLLLLL.....:) It would have been fun if somebody would have responded....:)
A gravestone is in the making ??LV
@Sarvesh. .kuch nahi samajh aaya :)Sorry but I m big zero in ew.
@ prabhanshu,, sorry mat bolo yaar,even i am a big zero...tukka lagay hai..lets see..waiting for sir to give his prefferred count..
2 Ilango sir,,, prefferred count please...shriram ji aaj nazar hi nahiin aaye...
Sis nice to read a comment from you please do posting
If today close above yesterday close to continue bullish. Or --
@masteraaj ke din ki movement ka EW ke sandarbh me, kripya kuch "prakash" diliye please.thanks.
Dear sir,What is your preferred count from pre market view sir?please enlighten us
STB - hi mm.. sure that would have been fun...:) :D even sir didn't bother about "my Q" who usually reply and guide to new comers. (may be he knows i am wagging my tail again??) anyway got some time today..gaurav - hi gaJulius - hi - great going pa.."varuthapadha nifty sangam" yedhachum irukka yenna??? konjam yennayum serthukonga
Daily candle might become pin-bar.... Currently at border line of valid and invalid pin-bar.
@ anmpatel,Two possibilities:5 done; correction is on."A" done; "B" wave is on.Both are the possibilities of the 2nd wave.
ADD:If 5 done @ morning's high, then the correction is completed with an irregular flat.
Deeper correction "below 5896"
@mastermore confuse!!!according to TT it will contd weekly as sell on rise...may be day also turn sell on rise....now Q is 3rd up or most awaited 3rd down??thanks.
@ anmpatel ,Correctives are complex. Just remember the main trend as well as the major signals. All will converge next week. One needs to be patient.Nifty is within the retrace table of "6143 to 5701" which was a 442 point fall. Till 80% is not ruled out, choppiness would continue.Keep a "ceiling number" and a rising "floor number" to guide you.
thank you, sir! two possibilities can take us to further lows representing 2nd wave and one bullish as irregular flat..shall only get resolved by monday..
average closing please, anyone!
@ anm patel, doctor saheb, dhema seems to be saved till now..
Check 6300 call snap quote
5907.5 and flat...