BN Breaking out
Holding 6269 mhema an attempt towards resistance zone 6330-50.
PROBABILITY OF A SMALL +WW MAY DEVELOP IN NS CHARTSPT 5 MAY FORM NEAR OR JUST BELOW 6250NS EITHER TODAY OR THURSDAY MORNING SESSIONFOR TRGTS NEAR 6300 ON EXPIRY DAY NEAR EODSL BELOW 6218NS
Weakness below 6267 ?- a small HnS on 2 minutes in formation ? NL at 6267, head at 6282.?
Nifty not giving clue what could happen on expiry day....
Highly Boring Market
Dear All,TT turned full red at 2 PM closing and continues to be so for 3 PM closing too.Likely close below Day High EMA.Raghavendra
another inverted hammer,,week,,sell on rises..hmmm.....
@Raghvendra... Its just the hour t/f which is below its LEMA. :PIdeal scenario for buy on dips?
day,,sell on rises...week,,,, sell on riseshour..... closing below hlemahour jnsar triggerred...bulls scenario...day TT has not been disturbed as bears would have liked
@S4S:your pt. 5 formed?
6300 call and 6299 put,, making new lows at EOD
@ Sahil ji,My understanding : Hour turned down completely at 2PM closing changing the day trend too.. ( first hour since morning to close below Day High EMA ).Hour is completely down. Day is buy on dips at Day EMA / Day Low EMA.Week is sell on rises.Month is still sideways. Closing below 6269 is negative for today and this week.Raghavendra