Day Low : 7896.80 Day High : 7943.05 Range : 47 Points Day Pivot : 7953 Hr. Pivot : 7917NS below OK ( Octa Kilo = 8000).Currently hovering around 7910. NS below Day Pivot @ 7953 & below Hr. Pivot @ 7917 indicating bear grip.NS in SAH mode in Hr. T/F & in Day T/F.Mild Strength returns above Hr. Ema @ 7937.SAH= Sell And Hold
Followers of JNSAR :Day Low : 7896.80 Day High : 7943.05 Day Range : 47 pointsNS trading Half a Century below TODAY'S JNSAR @ 7985.Below Hr. JNSAR @ 7950.Continue SHORTS INITIATED on 30th Sep by reversing Longs @ 7991 with part booking / comfortable trailing SL.NS below Day's pivot @ 7953.NS currently hovering around 7907.Note : Strict SL is a must for all trades whether Short or Long.
looks good for more fall
Looks like 7841 breaking today
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, Pivot-7990, S1-7965, S2-7946, VWAP-7949Nifty is unable to sustain the highs, the 8000CE writers have gone ahead and the index stays a Sell on rise with reversal only above 8005 NF…Thanks & Regards
HNS target achieved as mentioned by gs.
hi prakash thanks for the input i am not very good at identifying ,looks for confirmation from seniorsdo you thing 7860 possible that would give 80 points, head 8020-neckline 7940
Gm sir & friends..Nifty trading below DLEMA & HLEMA7890 WLEMA7850 MHEMA
@ gsSorry brother i posted mistakenly. Target yet to be achieved and possibilities are there.
Sir,.Above 7915 can we see minor upmove ?
Day Low : 7883.35 Day High : 7943.05 Range : 60 Points Day Pivot : 7953 Hr. Pivot : 7904NS below OK ( Octa Kilo = 8000).Currently hovering around 7900. NS below Day Pivot @ 7953 & below Hr. Pivot @ 7904 indicating bear grip.NS in SAH mode in Hr. T/F & in Day T/F.Mild Strength returns above D LEma @ 7917.SAH= Sell And Hold
Foll r the counts on BNF1.A = 16364 - 152002. B = 15200 - 15789 ( 50% retrace was at 15782. it did not sustain)3. C = 15789 - 15238 ( has done 15251 so far today) ( has also done a clear 5 count subwave) Strength if any on the larger wave counts will return only above 16782 sustaining. on the current wave strength should return at 13338, and further above and sustaining 15358
@PRAKASH ..i am happy to get input from all seniors market looking for direction near 7900
please read that as 15338, and not 13338. typing mistake. support currently on BNF at 15289
follow the fibo retraces on the current wave to make profits. enter n exit at da fibo retrace levels, and co-incide theses levels with da larger wave 16364-15200, to make Big Dough
Sir I have bin doin a little bit of studies in these holidays on EW theory. I forget the name of the Gentleman who trades on the DOW, wherein he states, that wave B as per EW theory, must attain either a 61.8 or a 78.6 % Fibo av the retrace of Wave A. the best that BNF has done so far is a 50% retrace @ 15782 ( did 15789). if this holds true, then is it correct to assume dat the 5 subwaves which have played out on BNF from 15275, are nothing but IRRITANTES, waiting for the larger fibo retrace to happen ??? if so, den 61.8% fibo on BNF should be 15915, and 78.6% should be 16131. Please throw sum lights on mu querry please Sir
Lot of put buying at 7900 and 8000 strikes
BNF hourly Hemas as follows5LHEMA = 153025EMA = 153415HEMA = 15383
Illango Sir, would you be kind enuff to explain and set aside my confusion please
BNF currently sustaining 5LEMA hourly @ 15302
If BNF sustains 15371 - 83 zone, den the next trgt wud b 20% retrace of the entire wave 16364 - 15200 @ 15433
New Post Done.