June contracts ... 7500 CE is the most significant RES as of now
Day Low : 7428.55 Day High : 7464.85 Range : 36 Points Day Pivot : 7347 Hour Pivot : 7445NS well above HKN ( Hepta Kilo Number ). Currently hovering around @ 7460.Day Pivot's Resistance1 cluster @ 7414-35 turned as Support.Crossing Day High @ 7464.NS's next Destination will b 7478 i.e. Day Pivot's R2.NS in BAH mode. Strength continues till above Hr. Ema @ 7389.BAH = Buy And HoldHepta Kilo Number = 7000
GM sir nd friends :)Sir - Kindly post me BANK NIFTY FUTURE sofar HIGH and SBIN FUTURE so far HIGH (at ur free time)thanks nd regards
@ Sujatha ,BNF: 15787.20
I think till July NiftyJNSAR is not going to be hit on downside ..........
Quoting from ND Sir's ATR siteLast traded price : 7,469.45Breakout occurred above 7466.3Breakout target : 7614.55
Sir ,reposting ..curious to understand objective interpretation ..************************************What price behavior made to remove the red ''b' and 'ii' from the chart , we haven't closed above 80% though we might . Seeing the 500 point fall on 16th , 'b' pull back will have impulse characteristics, expiry this week , heavy OI ahead at 7400 and 7500 .
Sir, do we need to consider counts from 7331 or 7300 or 7367?
GM Master, Any view on HDFC Bank as it is trading near its 10 DEMA?
@ Num Char,Whenever stochastics turns up midway during corrections in a strongly trending market, the rise is expected to be substantial. Hence, I removed the "b" to stay focused on the (iii)rd.Besides, look at the channels drawn in EOD's RSI chart and how prices were consolidating in a mid channel, waiting to move to the next uptrending channel.
@Master,I am also Curious to know the valid points to negate the red ''b' and 'ii' from the chart
20Lacs addition in 7400PE. Seems level sealed till expiryhttp://www.niftytrader.in/nifty/nifty-live-change-in-oi/
@ Prabhanshu Raman,Waves are sub-dividing from 7301. If resisted near 80%-7477, I would consider the rise from 7306.
thank u sirand can anybody please who's trading SBIN FUTURE - pls. post SBIN future HIGH sofar
Thanks Sir !!You have great eye to decipher minute changes and your channel drawing is an art . I haven't paid much attention to middle channel .Kudos !!
Sir, 7306 or 7206?
Sir typo?Waves are sub-dividing from 7301. If resisted near 80%-7477, I would consider the rise from 7306.May 26, 2014 at 10:55 AM
Sir, is it like,7300 - 7323 as 17323 - 7306 as 2and then waves are sub dividing as in 3?
sbin high 2833.2
Sis2833I dont trade sbin futures :)
@ Prabhanshu Raman,The first from 7301 ended at 7325.55; the 2nd retraced to 7306.25;From 7306.25, waves have sub-divided in 5 sub-waves till 7476.
@Astro...huge astro move in June.....Jupiter moving into exaltation in Cancer on June 19.Until November, both Jupiter and Saturn are exalted in Cancer and Libra respectively.One in our lifetime event....:):)Cheers.........:):)
75ce - 12lacs addition
@ Prabha: tats 75 PE May
Oh sorry.....jaldi jali mein typo.. :-P
@Cabinet berths out..... Jaitley the new Stock Market Minister.....:):)
need one fall atleast to enter.. :-(
SBSB,What according to you is the significance of this astronomer move,Thanks and regards,
Day Low : 7428.55 Day High : 7489.90 Range : 60 Points Day Pivot : 7347 Hr. Pivot : 7464NS well above HKN ( Hepta Kilo Number ). Currently hovering around @ 7480.Day Pivot's Resistance 2 @ 7478 turned as Support.NS continuing in BAH mode. Strength continues till above Hr. Ema @ 7418.BAH = Buy And HoldHepta Kilo Number = 7000
@SJK....JNSAR system trade karnewale khud hi experience karenge na.....:):) 6757 se long hai JNSAR waale..........Mere bolne se kya hota hai......:):)In March Jupiter went direct from retro motion in Gemini and look what happened....:):)Ye brahmand aur market ek hi lakshmiji chalate hain...hum tho sevak ki tarah follow karte hain...:):)
June OTM CEs are not liquidating in face of rise... suggests upmove to 8000 may be interspersed with period s of sideways action next mnth??
@ Sujatha SBI Fut High is opening levels which is 2833
@ sometimesbullsometimesbear,Ye brahmand aur market ek hi lakshmiji chalate hain...hum tho sevak ki tarah follow karte hain...:):).......Then what Saraswati ji and Parvati ji doing...? ...Are they sitting idle....when laxmi ji is active?Just kidding dear....
New Post Done.