A 5-wave would be done now from the lows of 6234(14.01.14) around 6305.The high of that "5" would be quite critical, being formed @ the cluster resistance zone.
wkly and mnthly data not updated in TT.thanks.
Master,As technicals shown on y.days close...(below HEMA close) today short taken @ 6280 spot....which is DHEMA +20....is this a right trade?
@ shree,If taken @ 6287 which is 6267+20=6287, SL may be 6307, also a few points above the 5-wave scenario.
Last rise is from 6274 to 6304; hence,6289 6285 ... is 50%-61.8% retrace of the last rise from …… 6274 to 6304 80% is - 6280 If strength to return again, it should be around 6289 6285 Weakness gets confirmed Below 6285 OR 6280
A wave seen from yesterday's low of 6234 to 6304; hence,6269 6261 ... is 50%-61.8% retrace of the last rise from …… 6234 to 6304 80% is - 6248 If strength to return again, it should be around 6269 6261 Weakness gets confirmed Below 6261 OR 6248
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, Pivot-6263, R1-6283, R2-6309, VWAP-6293The PE writers back in Action with 6200 Level more or less secured for the Series, Buy all Dips till 6276NF is held…Thanks & Regards
respected llango sirseeing the rise of 6234 to 6304can we think of subwave (ii) turning into an irregular correction January 15, 2014 at 11:04 AM
thanks master....I will take SL @ 6314 ..80 %......little big but ok if 5 wave completion is here
sensex breaks the 80% 21199...from 21331 to 20625..for nifty 80%comes at 6314...jnsar longND sir's atr range break out at 6293..."sit tight" is very hard!!!
@anm patelCould you pl share ND sir; atr file to my emaild id firstname.lastname@example.org
hariits auto update webhttp://niftyrange.in/
a bullflag on 5 mins nifty spot. Breakout above 6304 (but better consider top at 6304 than 6300 since that would then indicate 5 waves subdividing) target 6320. That would just be above 80% retrace of the fall from 6358. There is a silght hint of MACD divergence, but only slight.
@harimy pleasure. .thanks to ND sir and MASTER....our inspiration. ..
Daily MACD will also trigger up today. So all the reason to say long in Nifty.
nifty jump 6320
@ Nifty Trader.Thats a v good pt !
the BF has triggered !
resisted at pre market 6317
can nifty do +100 today.
does anybody know marketcall.in link which shows OI update live? pl share it. thanks.
New Post Done.