Some doubt in bulls camp started creeping in just nowhttp://www.niftytrader.in/nifty-intra-pcr/
"The Sound of Silence" ?
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, Pivot-8176, S1-8155, R1-8214, VWAP-8176Consolidation day after the huge up-move of yesterday, with the 8100PE writers just moving ahead, resistance still at 8200, Buy the dips till Weekly VAH at 8145NF is protected…Thanks & Regards
sonu can i have yourmail id ?
Even tussle between bulls and bears for 8100 strike. 8200 seems to be resistance and 8000 seems to be strong support for this series.Highly likely that 8110-8280 is the range for the day.
8180 I meant :)
@Master,In 5 min8180-8138 5 wave (a)8138-8150 3wave (b)now c=a 8108 ???
@ Prithvi Raulji ,It is also possible, the 5 done from 8180 to 8134 now. Challenges of short t/f labeling.
thank you sir
@ Prithvi Raulji ,One thing certain - ST is quite weak with -ve divergences..
yes master,5wave finished @8134now retreacement on
BNF seems extremely BULLISH as long as 16100-16150 holds. Further upside above 16217.
@Unknown,-Divergence on weekly chartPls be caution
Dear Sir,In the fall from 8180 to 8134 in this wave 3 is only 1.27% of wave 1 can we expect wave 5 to be extended ur views
New Post Done.
from 16295 BNF made a low of 15962 a few days ago. 50% retrace on dat wud have been 16128
BNF should be on fire above 16228-30 sustaining, which is also 80% fibo of the rise. 16295 was 100% fibo , hence a further cross above this should target 16387 which is 123.6% fibo of the entire rise