Friday, January 31, 2014

Nifty Intraday Update-III


27 comments:

Ilango said...

Intraday weakness below "6084".

raj.abj said...

thank you master for ur response

Ilango said...

Nifty Pre-Market View:

Holding above 6047, ST bounce could move towards 6099-6115 zone..

"6047" was trailed up twice to micro manage..(6076 & 6084)

Ilango said...

Weak below 6089. "6099-6110" resistances almost reached..

Nilesh said...

@ sir,
if close below 6099 than we should add more short even day at oversold, but if close below dlema,wlema,mema

Ilango said...

@ Nilesh,

If closes below "6099, month trend turns down; but if Day shows signs of a pause with a close above DLEma, one could cautiously make "intraday trades"; remember week continues to be down with close below WLEma.

Remember to differentiate the technicals favouring "intraday trades" vs "Holding positional trades".

Ilango said...

From Resistances-6099, breaking below 6089, heading towards "intraday support zone"..if breaks 6067.

Piyush Sharda said...

sir, how do u see move from 6027 till 6097.8 (2.35 pm)

Ilango said...

@ Piyush Sharda,

Two options:

a & b done, if 6067 is held for the 'c"

Ilango said...

2nd option:

abc done if 6098 is not surpassed.

You could also read them as 12...3

Ilango said...

3.00PM TT & Chart updated..

Ilango said...

Earlier support "6084-89" acts as resistances now.

Kiran said...

NR7 Day for Nifty...

Raghavendra said...

Dear All,

NR7 day in play. Higher high above 6108 or a lower low below 6058 will invalidate the pattern.

Ilango said...

1st option playing out...

Ilango said...
@ Piyush Sharda,

Two options:

a & b done, if 6067 is held for the 'c"
January 31, 2014 at 2:56 PM

Ilango said...

From 6067, vth sub-wave unfolding closer to day's high..

Nitin Kadam said...

@Master,

No possibility of bottom is already done and Bulls Come back strongly in next week?
Holding the gain is the only thing which make me think so. Everything else though is in favors of bears.

Thank You!

Squander Star said...

Master

5 waves done now @6095

vksoni said...

sir,
what is the implication of 6067?

Nilesh said...

close below dlema , wlema , & mema will favour only to bears

herry said...

dear sir a b c done...?

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