Intraday Strength above "6050"
sriman v k soni ji, kirpya mera expiry guess 6037 likh le, kyunki ye 34 wema hai..dhanyavad
Good afternoon Sir and my dear blogmates My expiry tgt is 6046 based on OI of 6050 & 6000 CE/PE6026 is AB = CD pattern in focus being in downtrend. http://postimg.org/image/oqkognwy7/
January Nifty Expiry Guess:1. 60252. Lower Trend Linehttp://www.mql5.com/en/charts/1376207/nse-nifty-h1-itrade-capital-markets?bind=1
My target for Nifty expiry is 6054.Reasons: 1) Developing pivot for tomorrow. 2) OI Data
My Jan Expiry at 6087 which is 38.2% retrace of the downmove
Good afternoon master n all blogmates-My expiry guess 6000 near 200 dma. Fresh game starts
Please read-6000 --30 wk smaThank yu
ok.. time for the stat. Bell curve rule to come into playWhen impulsing price, CMP-Dev.DloEMA > 70pts.. 6030-6050 is a Hi-prob (1 Std. Dev.) zone for reversal, with 68% confidence
contest sheetclick here.
6033 IS small intraday channel support.may show some bounce towards 6050 for last 30 min fall towards 6018ns
Nifty Pre-Market View.:For today/ tomorrow: Holding below 6145-6158, correction would attempt initially 6071, and then 30wk sma @ 6002/ 200dsma-5971 in a day or two..---------------------------------------Nifty broke below 6071(6067), retraced to 6071(6073) and heading towards 30wk sma @ 6002.--------------------------------------Trailing no for "strength above" is 6046.
@Prabhat.... high command is majorly short...:):):) ....
What a bounce in tatamotors from 349 !!!!
Quite nice prediction Shriram
@ Iris:Its a prediction thats true, as no one can claim to be a foreteller, but this setup is more a study of Statistics of Data sets (%probability) .. easier to comprehend compared to EW for me :-)
Dear All,A hammer pattern in the making in day timeframe.Raghavendra
Average closing based on 30sma : NS = 6053.7 and NF 6052, ( increasing )
wow what a rally from 6026.
VKSONI ji -- what hap to my entry ??? Guru Krishnan said...My expiry guess will be around 6066 to 6086.. reason >> bears would try to close below 5MEMA today and tomorrow they will confirm it...January 30, 2014 at 11:21 AM
A 5 sub-waves done from 6027 to 6080(if keeps below 6087)
I feel 3rd wave up option is going to come true. Coz Month and Week are in Up trend atleast till now and daily is oversold. Feb series 6000 has already formed a base.But will wait for close above DLEMA to go long.
Average closing based on 30sma NS = 6063, NF 6061 and increasing
nf closing avg now at approx 6068
Congratulations Dinesh.dinesh said...my guess 6065( .23 retrace of the fall from 6157)January 30, 2014 at 2:00 PM
How does this sudden movement happens? Till 3:00 PM there were no buyers and market was slipping and at 3:00 suddenly buyers woke up and started buying. How will so many buyers act together? Senior, please help me to understand this.
Master,With thus upmove to remain below 6187, will it make 4th (1st at 6187 on Tuesday and then 2nd yesterday at 6165, 3rd today ending at 6027 and 4th goign just near 1st and now 5 to start!)With 1st being 75 pts approx, 5th from 6080=> target 6000 or extended 5970 !!
Guru KrishnanNo range allow only one figure .pls see rule again
@Viji.....Ever been on a beach????......Waves rising and falling on to the shore...Suddenly a bigger wave rises from no where.....Pls focus on the price and folllow it faithfully.....Do not worry about such moves....It means nothing to us.....:):):)Congrats Dineshbhai......VK Soniji.....Thank you for the expiry competition....:):)
But last month winner had the range in his entry , who was chosen as winner....It is between 6250 and 6300 and hence will support the 6250PE and 6300 CE writers and is also closer to the 50% retracement of 6415 to 6130 and is also the 23.6% retracement level of the recent fall from 6318 to 6262.
CLICK HERE Tatamotors Hour EW count chart Elliot Wave Count - JAI HO!!!
@Guru Krishnan...congrats to u tooo ....good expiry range entry.....Enjoy the game...:)Have a nice day friends...Luv...byeee :);)
@Satheesh and @San....every morning the only nifty charts that I religiously see and understand are yours....Thank you so much...and God blesss.....:):):)
sometimesbullsometimesbear:: Thanks...I dint want to compare, but giving just one number is like some lottery ticket number, which I dont belive in ...:)
Thanks SBSB :)