Intraday weakness below "6084".
thank you master for ur response
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)
Weak below 6089. "6099-6110" resistances almost reached..
@ sir,if close below 6099 than we should add more short even day at oversold, but if close below dlema,wlema,mema
@ 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".
From Resistances-6099, breaking below 6089, heading towards "intraday support zone"..if breaks 6067.
sir, how do u see move from 6027 till 6097.8 (2.35 pm)
@ Piyush Sharda,Two options:a & b done, if 6067 is held for the 'c"
2nd option:abc done if 6098 is not surpassed.You could also read them as 12...3
3.00PM TT & Chart updated..
Earlier support "6084-89" acts as resistances now.
NR7 Day for Nifty...
Dear All,NR7 day in play. Higher high above 6108 or a lower low below 6058 will invalidate the pattern.
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
thank u sir
From 6067, vth sub-wave unfolding closer to day's high..
@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!
Master5 waves done now @6095
sir,what is the implication of 6067?
close below dlema , wlema , & mema will favour only to bears
dear sir a b c done...?
thanks for the post.