Good Morning SirReferring to your earlier comments on Friday, the negative divergences are showing effect with corrective rise completed at 6344 and 6358 not breached?At the same time 6260 is held..So we need to sit through the whipsaws in these moves? Or one should stay out?
looking at OI data seems like one side movement in nifty today for sometime intraday
Good Mrng Master & Friendsquote for the day :“You only live once, but if you do it right, once is enough.” - Mae West
@ master,Nifty forming a trianle in 5 minute chart a b c d done and e ON ?
hi SKS & MARINA
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, Pivot-6363, R1-6392, S1-6344, VWAP-6358Not much aggressive addition seen till now, with the writers fortyfying 6300 for the Bulls and 6400 for the Bears, Range bound low volume trade on…Thanks & Regards
Hope today nifty will break down below 6277 & 6260
@ ManiWhy that Hope???My hope today breaking 6358 upside
GM Master & all blogmates.Have a profitable day.Hi GV.
Observation :NS rose to correct till 38% while forming triangle for the day's range till 11… (6344-6187)Staying below 6309 weak? and strength to resume above 50-61% only (6316-22) with 6316 as Dev DHEMA?
Waiting for JNSAR to trigger sell......:)
@MARINA now shall i go short?
Sir, Good morning!A query for your experienced eyes...Does the rise from 6130 till 6344 looks impulsive to you in its form?
a small +WW may develop in ns chartsns may have formed pt4 near 6304 or may form near 6307 soonthen may dip towards 6290 to form pt5 and then may move up again intrday for trgt 6313-6321 ns levels
New Post Done.