By 2-05 pm small bounce till 6186…but 55 EMA (on 5 Minutes) at 6191…also 6195 is 38% of 6237-6170..unless NS cross that, weakness remains ?
Also a probable fast fall setup in 2 minutes t/f with 21-55 EMA nearign 6177-78.
6145-65-85NS is the 1Std Dev zone (68% confidence) for Days low
Highly oversold Hour would attempt some bounce....holding 6180.
Not able to hold 6180 decisively
@ ITradeForProfit Daily,Earlier intraday resistance @ 6185 would be a decider for the day...
Master,Slightly Basic Q, To ur eyes, the fall from 6415-6170 NS, is it looking ZZ or Impulsive sir?
@ shriram,Till yesterday, it looked like a corrective.Today's gap down gives it an implusive look.....and it is yet to move below 61.8%-6142 aggressively for the first conf.
3.00PM TT & Chart Updated..
Still Week DEMA (dev) at 6163 is saved at 3 PM closing. So Week trend may become sell on rise but not down ? Trading ranges ahead?Unless closing today ensure gap is filled till 6160 and 6142 is breached..all in last 30 minutes ?Lets see.
illango sir will you please give your mobile number to discuss about this table, it will be very useful for my trading,pls
NS taking support at Day R3 @ 6160.Below that would test 61.8% @ 6142.
so mr anand your saying its impossible
Sorry Sir. I was just requesting you. No challenges here. Apologies if I sounded so...=====Gap filled now ! Some pause in down trend? OR Wait for Monday for any new signals? What if Sriram's Island reversal clarification - in week t/f - is confirmed by another runaway Gap downwards ?Who knows ? In these last minutes, Master can guide us.
GA MAster,On weekly chart now we can consider Dark Cloud candle formation?
@Magesh Waran...if u click on "View my complete profile" you will get it...:):):)LOL>>.Mobile number....ROFL>.....Just kidding buddy....Post all your tech table queries in Nifty google groups and somebody will answer or probably Ilango himself will answer. :):):)
GA MAster,On weekly chart now we can consider Dark Cloud candle formation or bearish engulfing if close is below 6170 as Last week low is 6150?
@ SB : May be Magesh can share his bank acct no. 1st :-D
one thing for the person who are all replied to my updates, i am new to this method, but i am very much eager to learn it, with your updates i came to know that you are all well trained, but any way i am ready to face any comments to learn a right thing from right person, thanks, still now expecting some guidence,
Magesh you are at the right place
@Magesh u have come to the right place and do not mind the comments. We are just relaxing after a hard days work. :):)Be patient and try reading the writeups on the extreme rightand corner of the blog under "LABELS"Mark your attendance on this blog daily and you will learn. Welcome and all the best...:):)
@ Magesh:Was just innocent leg-pulling since ur new :-)Relax with a chilled Beer and come back on Monday refreshed. Enjoy !
thanks to all
Jai Shriram !!Have a great weekend....Was a roller coaster from top of 6415 to lows of 6160 (almost 300 pts) filling the 2 gaps.Thanks to all for another enriching week.
Dear SirFirst time in my life I manged to get some profit in share bazaar blindly following your honour.Now my position is I am in the road by following many paid advisary servises.
Sir, Kindly make me member of Justnifty group.