Dear Ilango sir,Thanks for reloading the BN charts.On a side note : Today's charts and TT on Nifty are a little brighter than previous days - quite clearer now
respected shriram sirthanks a lottttttttttttttttttttttttttttttttttttttttfor such indepth way of practical approachthanks
Dear Ilango Sir & Blogmates,OI Table Update at 1:00PM, Pivot-6358, R1-6377, S1-6336, VWAP-6356Same range bound low volume move on, waiting for the festive season to clear out to take decisive move, till then be stock specific…Thanks & Regards
Today is really low volume day- Not even 14 Lacs NF traded till 1 Pm (Was just 12 Lacs till 12)I wonder if any other day in last one year matches this level of volumes apart from those on Muhurat or special sessions.Good ground for developing patience....:-)
@ Dharmu: Observe Master, that is enuf :-)@ Anand : opportunity in every situation... writer's paradise ;-)
Yes Shriram ! Others will only test their patience for how long can they sit thru these before throwing the towel..:-) Lesson learnt : Go for fishing in holidays... Follow the trend - next year!
Dear All,Intraday 5 min chart for today looks quite similar to yesterday's intraday chart,
@Raghavendra,Yes !And NS is acting also like that only....with even smaller range!
Tatamotors breakdown below 376 - rising wedge/Bearish Wolfe Wave Stoploss 378 - 50 DMA/ rising wedge breakout
Correction - 378 - 50 DMA/Contracting triangle breakout - Hour TF
Nifty is forming a small triangle of 60 points in half hour chart .. breakdown below 6290 .. breakout above 6325
@ Sam ( Pattern Trading ),Request you let me know if the 30 min chart pattern from Dec 24th to till date look like a Diamond pattern ?
Dear RaghavendraFor diamond mid point low should be below 6262.. but in this case we have a mid point low at 6273.5 ... So it looks more like at triangle to me ..
I am speaking about book type pattern diamond pattern ..It dose not looks like diamond to me in first go .. :( I may be wrong here
New Post Done.
Thanks Sam !!..