Good Afternoon all --- MID POINT for the day at present is @ 7615 with PCR 0.98 which is bullish for now...
80% of fall from 7700 is near now... let's c
Day Low : 7518.15 Day High : 7645.10 Range : 27 Points Day Pivot : 7589 Hr. Pivot : 7637Currently well above Day Pivot @ 7589.NS hovering around 7640.NS in BAH mode in Hr. T/F & in Day T/F.Weak below Hr. Ema @7627.BAH = Buy And Hold.
Holding below 7650, approx, a revisit to 7620 or lower as a flat correction.
BN abv 15345(may have formed pt5 or may form pt 5 a bit higher) and then may dip for 15275 near 2.30pm
channel pattern in nifty charts indicating nifty may face difficulty in breaking abv 7651 intraday(if it has to break may do only in last hr)i guess selling nifty too here at cmp 7645 with small sl can be a low risk /high gain tradeany opinion please???/
High probable +ww may form in rcom 1hr chart below 143.70. See belowhttp://prntscr.com/3y8jye
If RIL does >1025 spot, forget about shorting this market ...Time for sapaad, Bon Appetit !
PCR drops with this last upmove to 7648http://www.niftytrader.in/nifty-intra-pcr/
dear sir now tcs 5th wave is done..?
Puts premium declininghttp://www.niftytrader.in/nifty-option-price-trend-intra/
Day Low : 7518.15 Day High : 7647.65 Range : 29 Points Day Pivot : 7589 Hr. Pivot : 7642Currently well above Day Pivot @ 7589.NS hovering around 7640.NS in BAH mode in Hr. T/F & in Day T/F.Weak below Hr. Ema @7632.30 Min. RSI near over bought zone.BAH = Buy And Hold.
prabhu sir probable tgt for rcom below 143.70
dear ilango sir BN viwe..?
@Shailesh, +ww pattern is for break out on upside. At 143.70, this pattern will form and will trigger if prices close above it for 2 1hr continously.
7631 & 7643 break would decide whether "Flat correction is done" and next upmove or correction continuing below 7631.
good after noon master n blogmatesnifty got resisted at 80%..time for contra with smaall stop
New Post Done.