Dear All,NR7 day in play so far. Price making a high > 6245 or making a low < 6147 will invalidate the pattern.Expect range expansion in next 2 days. Raghavendra
Inhs or double top? If Inhs then bo above 6210 tgt 6244If double top then bd below 6180 tgt 6158
GA sir nd friends :)Have a great day.Bye
@Master,Do you see a possibility of yet another evening star formation on the developing daily chart?
@Master,Weekly Crane strategy Still valid ??
@ ITradeForProfit Daily,Evening star requires 3 candles & a follow up one for confirmation.It is premature; however, monitor tomorrow's prices if today's close is "flat".
@ Prithvi Raulji ,Weekly crane strategy was to sell on rises @ or near 61.8% with a stop around 6270 and it is still valid.
NR7 day as of now for Nifty, BankNifty, CNX IT, MidCap
3.00PM TT & Chart updated.
dear sir can buy hold...for tomorow.?
@Aly/Ilango Sir,Nifty not breaking its morning levels(6180 -6212) but still holding 61.8%, so is it wise to hold long?Regards,
@ hardeep thakur,Based on ST trend & MT trend, part book @ 61.8%-6201; hold remaining with a SL @ 6180, day's low.OR trail longs with 21 Hr sma.
average close approx at 6203,
Thank you Ilango Sir