BN's chart shows a 4th wave done from 14709(Nifty's 7540) with a break of the Hour channel & reversing back into the channel. Hence, holding retrace point of the last rise from 7862 is critical for making a new high.
The Bar chart shows prices closing at day's high while yesterdays bar shows closing at day's low. This suggests of a keen tussle.
The Bar chart shows prices closing at day's high while yesterdays bar shows closing at day's low. This suggests of a keen tussle.
9 comments:
Hope you're feeling better, Ilangoji! Praying for your early and full recovery.
Sad to hear about your health ilango, god bless you
Dear Ilango,
Salutations to you Gurudev, who has many times,including today,shown us the example of dedicated selfless guidence...inspite of failing health.Thanks a lot....
Market:
Just 2 days to go for expiry with hardly 66 laks O.I. in NF Sept.series.
Nifty recovered in last trading hr.from Day Low to almost Day top above DEMA & Hr.JNSAR,has kept Bulls hope alive,nevertheless rising JNSAR should be watched carefully.Let us see tomorrow.
7875 is the number for nifty to watch.
Bullish meeting line played out today.
Bearish only after eod close below this number
Namaste Ilango Sir & Blogmates,
Bullish: Nifty went to touch the lower part of range specified yesterday but came back to close near the Pivot of 7900, can we see the higher part of range tested tomorrow, 7900 still is the best level for Expiry..: Option Analysis for 26-08-2014
Dedicated Option Open Interest Blog
Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
Sir, please also write about your health.
Gurudev, Take care and God Bless you!
gmallmastre
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