Thursday, July 24, 2014

Nifty Intraday Update-I


10 comments:

Ilango said...

One "Golden trade" completed from 7772 to 7792.

Another retrace at work now:

7787 7791 ... is 50%-61.8% retrace of the last fall from …… 7802 to 7772

80% is - 7796

If weakness is to return, it should be around 7787 7791

Strength gets confirmed above 7791 OR 7796

Prabhanshu Raman said...

J10sar is supporting all falls. If prices able to close below j10sar for 2 hours, only then we can see fall else, up move will remain intact

M. said...

Have been thinking what an economist said. Markets can remain irrational (and like sir says in this case overbought) for far longer than you can stay solvent. :P

durga said...

good morning master n blog mates
@prabhanshu raman--market closed below HHEMA fr two hrs TRADING below day pivot n hr jnsar is enough to initiate counter trades at 61.8 retrace with stop at y high- good RRR trade

Ilango said...

There are occasions, I have found that I was unable to post comments through "Chrome"; and when I change the browser to Mozilla or IE, I could post my comments.

I have been receiving mails that some readers find it impossible to post comments. This is to clear that issue.

Asha said...

Good morning Ilango Sir and all the Blog mates!

Venkatesh S said...

Hi Illango sir and blog mates,
from the Mclellan oscillator value decreasing to -21, whether its telling today a fall is intact ?

Bharat Kumar said...

@Prabhanshu - IDFC on a roll today.. seems to have us all stopped out ...

herry said...

dear ilango sir sensax today HH topout...?26190.45 today also 26190.80...?

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