errrrr read as "my posts not seriously" dont come for fight
Sir Said "7554-63 & 7580 are two key resistances today."twice resisted near 7553 levels
Manish:Prabhanshu Raman said...Okay.... +ww triggered in BHEL 15 mins at 239.10 (2 15 mins candle) tgting 247.20 and 260,June 16, 2014 at 2:57 PM246.80 is imp to cross else we can see more down
@ chetas,These numbers are taken from price charts where there was "supply" earlier.They will act as immediate resistances; only if prices are able to absorb the remaining supply force, could they move higher; and thus, they provide some intraday trading opportunities.Also, keep an eye on the last rise retrace from 7516 to 7554.
@Prabhanshu,I see a -WW in 30 min chart in BHEL. pls check.
last rise retrace, TT mid point and todays Pivot 7523-7526 become important for futher fall
@Sonu, yes, its same -ww which I mentioned in pre-mkt. T1 7533, t2 7500
Thankyou Sir for the guidance.
Nifty down but PCR intact -- Bullishhttp://www.niftytrader.in/nifty-pcr-trend-intra/
GM Master & JN Family,Have a gr8 trading day !
@Sonu.. oops... I can not see -ww in bhel. There was hns pattern triggered earlier having sl at 246.80. Yday +ww triggered above 239.10 and now it seems that it is invalidated and again hns is in play
Good Morning Sir & Friends...
@Prabhanshu,it's too late already. But here are the coordinates.239.5 --> 3PM close Friday232.1241.3234.3244.8 --> Today
Highest intraday additions in 7500PEs. Now that would be a hard nut to crack for bears.http://www.niftytrader.in/nifty/nifty-live-change-in-oi/
Holding 7525-30 should see another high
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New Post Done.