Day Low : 7067.15 Day High : 7172.35 Day Pivot : 6966 Hour Pivot : 7157NS well above HKN ( Hepta Kilo Number ). Currently @ 7160. Day Pivot's R1 cluster @ 7125-7145 turned 2 support.NS nearing next halt @ 7225.NS in BAH mode till above HHema @ 7107.For learners sake :BAH = Buy And Hold BOD = Buy On DipsHKN = Hepta Kilo Number = 7000
Not much addition in Options. Only 7000CE rolling back --> deviation from last 2 daysLikely very ST high will be made today... in line with Sir's analysishttp://www.niftytrader.in/nifty/nifty-live-change-in-oi/
A small bearish WW may develop in BN 2 min chartspt1.142962.141063.143684.14279may form pt5 in 14440-470 range near 12.45-1.15pmtrgts 14250 near eodsince opening BN had taken support of 55ema in 2 min charts(not given a break below 55ema in 2 min charts)cmp of 55ema is 14302BN cmp is 14314will it /may bounce agian from 14302?????
2 min RSI near / in Oversold Zone.
NS giving chance 2 all late comers.Board if u want 2 earn 2 day.
According to Tony sir this B wave rally(Bear rally) with upside max target in sensex 26400 if sensex crosses then count will change. This is for info only
2 Min. RSI in oversold zone.Hurry latecomers Train started for destination @ 7225.
In nifty this HrHema broken
Me thinks it will be destination 7025 now till Friday..
When we say short term high likely today, is it a ST high till 16th?
7101 IS 55EMA IN 5 min charts7115 was highs in first few minmay bounce from any of this?????
A good 50+ point fall from Day High.Still not late.Board board all my late comers.
Sir, last retrace from 7068?
Largest fall since the reversal started from 6638.60.(i)st wave may have been done at 6172; (ii)nd wave is on...If extremely bullish, an irregular flat( or a flat) is the possibility.
@ cooldent,Yes; 7067 for the aggressive bull.
@prakashbkche removed nifty page...!!!
Now 5 Min. RSI in Oversold Zone.Gr8 chance for all latecomers.
5 sub-waves in the current fall from 6172 to 7101 suggests of a zigzag ahead..in (ii)nd wave.
2 min RSI also in Oversold Zone.Good 80 point fall from Day High.
Exceeded the hour correction; into day correction..6133 6142 ... is 50%-61.8% retrace of the last fall from …… 6172 to 6094 80% is - 6156 If weakness is to return, it should be around 6133 6142 Strength gets confirmed above 6142 OR 6156
@master in 5min chart fall look like 5 wave? can we except zigzag?thanks.
ups....u already stated....u r BULB and me TUBELITE....ha..ha..ha...
@Master,Please correct values in your last message from 6k to 7k.thanks
Sir, what could be the range for day correction??
Anmpatel sir, Plz go through Tony sir comment asHow do u view BSE sensex rally in its C wave?How do u view Nifty will rally in its wave & why nifty chart removed from ur stockchart?The Sensex offers more precise chart patterns than the Nifty.The BSE is also still displaying overlapping waves since 2011.This is indicative of a B wave rally, and not a true bull market.
7125 7136 ... is 50%-61.8% retrace of the last fall from …… 7172 to 7078.15 80% is - 7153 If weakness is to return, it should be around 7125 7136 Strength gets confirmed above 7136 OR 7153
@ TAnovice,Day corrects approx. 105 to 135.
@prkashbkci could not found the 26400 mark only 23400 i found...
Thank you Sir
Anmpatel sir,"Above what level this rally consider bull rally not bear rally.Can Maj C= Maj A, if this possible then we have sensex rally upto 28700 Is it true ?"possible, but unlikelyusually a B wave does not rise more than maximum 138.2% Primary A … i.e. 26,400
Anmpatel sir, these r comment on sensex by Tony sir in his weekend post ...I have pasted what he had written No change word by my side
@ Sir , Many places you had mentioned 61xx ... Should I read it as 71XX ?
Weak Bulls scared away ?
@ GANESH,That was an error.We must start to get used to "7" now.
@prakashbkcok..i see...thanks for guidance.and pl dont call me "sir"there is only one sir here...Master Ilango...
Is an island being formed?
Looks like a faster retrace of last 5 upto wave 2.Sub 7080 must eventually come
@ Sir , Thx :-)
@Deepak Sir, Do you expect sub-7080 levels today itself or later in the week.Thanks
Sir, if time permits, my I request you to take a look at charts of Aurobindo Pharma?? Stock seems to have caught everyone's attention since Rakesh J mentioned about it in his interview a few days back??
Blessed r the Traders who boarded the Nifty Express @ 7090.A good 35 points in pocket.
Can anybody look into BHEL, how does the stake sale news which was done in march @165 makes it to go 13% up.http://www.moneycontrol.com/news/buzzingstocks/bhel-at-15-month-high16stake-sale-buzz_1084642.html
Day Low : 7067.15 Day High : 7172.35 Day Pivot : 6966 Hour Pivot : 7111NS well above HKN ( Hepta Kilo Number ). Currently @ 7123. Day Pivot's R1 cluster @ 7125-7145 turned 2 support resisting NS after Mid Day fall.NS far off from next halt @ 7225 temporarily.NS will b back in BAH mode once above HHema @ 7127.For learners sake :BAH = Buy And Hold BOD = Buy On DipsHKN = Hepta Kilo Number = 7000
@masterin zigzag b retrace to 80% most of the time, m i right? and in irregular flat no such limitation?thanks.
Will they declare Emergency...and annul the election results...:):):)HahahahahahahhahahahhhhhhhhhhhhhhhhahahahahhahahHahahahhahahahahahahahahahhhhahhahahaDont forget the three potbellied gentlemen from weekend post....:):):)I amaaaajust joooooooooooooooking.....:):):)
@ SBSBChidu is probably saying that the mkt is up not because of modi but for UPA III
@SBTB,Yet another joke.RaGa is praying for rains on the 16th of May. He is hoping to win by Duckworth Lewis method.
Only Indira Gandhi had the guts 2 declare Emergency.No1 else can declare the Emergency including all future PMs.Ha Hha ha ha ha ha ha ha ha ha ha ha ha ha ha ........
@ TAnovice ,RJ has talked about it in Aug.2013, it would have been useful.Now it is at a critical juncture:Either this 3rd wave from 138.35 extends...ORthe larger 4th wave commences.
-->back7180 NS has provided RES as suspected ....Pays to do fav. activity.. OTM CE writing :-DDDddd
I was looking at shorting it and hence wanted your confirmation.. Thank you Sir
@ anmpatel ,It should not retrace 80%, approx. It could be 38% or 50% or 61.8% depending on the strength & weakness in the market. Corrective phase reveals a lot more.
Sirany probability of contracting triangle developing now as per EW analysismay do 7155-7090(tomorrow)and then may breakout from pattern near 7130 for 7235
@MSR...U never know...Do not underestimate Italians........:):)@ITFPD...Raga should seriously think of getting married now...:):)
@masterthanks. just worried about the developing day candle...
New Post Done.
@ SBSBThats not possible. Baba R......dev is not free to take coaching classes for Raga for u know what