If holds 6159-64, it could move higher towa5rds the retrace of "6273 - 6153 @ 6199-6213.(Oversold only in Hour)
Sir ILango ji charan vandan and everyone good morning
Sir JNSAR for JSWSTEEL pls ?
@nakshatra, Please refer to sirs other blog for stock JNSAR http://wealthinnifty.blogspot.in/2013/12/jnsar-stocks-for-16th-dec13-and-bns-tt.html
@kiran thanks alotOne more thing i want to know. If JNSAR hits on stocks then how much points need to be taken to execute trades, like in Nifty we take 20 points above and below JNSAR ?
GM MAster, how we infer whether nifty is holding 6159-64 ?
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, Pivot-6207, S1-6180, R1-6225, VWAP-6190Evenly matched at 6200 level, with a slight edge to the CE writers, 6211 NF important level, above it can see some pullback, else new lows for the day…Thanks & Regards
closed above hr lema after many hrs :)
@ prakashbkc,No one knows.But it is considered if one perceives Hour TA as oversold and the last rise's retracement of 61.8%-80% holds @ 6159-64. A very low risk trade.Alternatively, one could go on selling on rises till strength is visible in their chosen T/F.
WPI data between 11:30 - 12:00
Good Morning Sir and Dear Bros. & Sis's.
This Week Events: 16-Dec-2013 12-00 PM WPI Inflation18-Dec-2013 11-00 AM RBI Policy17-19 Dec2013 United States Federal Reserve FOMC Meeting19-Dec-2013 12-30 AM[IST] Fed Interest Rate Decision
6090, wlema, coincides with the trend line connecting two previous lows of 5701 and 5972-73.....
@ Master and seniors...are we in bullish expanding triangle on weekly basis...in perticular wave 'd' to wave 'e'. Please advise...
thanx sks and badri,i forgot abt wpi today
New Post Done.
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