Last 4 hr high is 8092-96; hence, mild bullishness above this.One should be cautious of any whipsaws by using a tsl.
50% fibo av the intraday is at 16253.60
Day Low : 8071.60 Day High : 8102.95 Range : 31 Points Day Pivot : 8090 Hr. Pivot : 8083NS above OK ( Octa Kilo ).Currently hovering around @ 8085.NS below Day Pivot @ 8090 displaying weakness.NS in SOR mode in Hr. T/F & in Day T/F.Strength returns above Hr Hema @ 8095 & Dema @ 8097.SOR = Sell On RisesOcta Kilo = 8000
BNF has done 80% on intraday at 16284. lets c what happens now. BNF HEMA is at 16279
Afternoon Everybody,FII net cash buyers during this fall,and no positional NF O.I.addition during fall..It looks, NF Trading bet.8120-30,would be crucial for buyers,as firm trading above 8130 may have a hidden potential for further new top...Let us see..
here we go 8266-8384
Sorry,Still need NS above 5DMA 8118
Sir just a Q . I m unable to understand the wave count on BNF currently. If i take the wave count from 15904 - 16295 as A, den a subwave from 16295 - 16364 as B, then what confuses me here is that the fibo levels which BNF has been following for the past 3 days corresponds only to wave A, which is 80% of the rise from 15904 - 16295 is at 16217. yesterday as well as 2day BNF has taken support exactly from here. Y is that so Sir???
And Sir if Itake the count from 15904 - 16364, da fibo does not correspond
Prithvi m not sure yet about ur view. HNS positions everywhere on BNF. it is Good only above n sustaining 16318
Sir JNSAR UP ?
AmolYes it is up
BNF heading for 16387 it seems wich is 123.6% fibo av da rise from 15904 - 16295
@ Amol,Today's JNSAR @ 8098.It's up now & the STOP LOSS for longers is @ 8098 - 30 = 8068.Y'day's JNSAR was @ 8088.It turned down Y'day & the STOP LOSS for shorters is @ 8088 + 30 = 8018.
Master, Pl clear JNSAR Long or Short? As today JNSAR 8098 +30=8128. Not Confirm. Still Short entact as yesterday JNSAR was 8088-30=8057 Confirm Short.
Thanks Marina S Rao.Regard
Day Low : 8071.60 Day High : 8114.30 Range : 43 Points Day Pivot : 8090 Hr. Pivot : 8101NS a Century above OK ( Octa Kilo ).Currently hovering around @ 8103.NS above Day Pivot @ 8090 displaying strength.NS in BAH mode in Hr. T/F & SOR mode in Day T/F.Strength returns above DHema @ 8127.Weakness returns below Hr. Ema @ 8094.BAH = Buy And Hold.SOR = Sell On RisesOcta Kilo = 8000
NS is in Trading mode.Not giving any clues. Just wait for clarity.Do nothing is Mantra for now.
shorts to be hold or empty hands today?
First time ever nifty weekly closing above 8100...............& Jnsar too.
Followers of JNSAR :Those who have gone SHORT Y'DAY will remain SHORT till NS crosses 8118.Those who have gone LONG TODAY will remain LONG till NS is above 8068.Those without positions can take fresh positions on 15th Sept 2014 or later.
@ marina s rao.....................nifty closing above Jnsar EOD so Jnsar is in long .
Nifty close below Monday JNSAR means "Short"+ PCR also remains below "1.17" means "Short"http://www.niftytrader.in/nifty-intra-pcr/+ Bears have slightly upper hand at 8100 strikeLet's see what happens on Monday... Good Luck all!
Today was NR7 day!Action assured by Tuesday!
Dear SonuThough the OI of 8100CE exceeded by PE it might be bought by smart money. Correction might be over and started wave 5?
Have look at this. Is this a valid one?https://lh6.googleusercontent.com/-VHMzB4M0Eyg/VBLVxZY1_rI/AAAAAAAAAEA/DGTu9dURqP8/w958-h718-no/Untitled.png