Nifty PCR above 1:http://www.niftytrader.in/nifty-intra-pcr/
Sonu.. above 1 mean neutral or bullish ?
It means bullish.
@brijsolution,Early signs of bullishness. Above 1.04 needed for confirmation.
Thanks.. gajendra & Sonu..So for weakness now below 1 require.. Am i right understand ?
20 points more to go for gap fill for nifty
Dear Ilango Sir & Blogmates,OI Table Update at 1:00PM, Pivot-7902, S1-7855, S2-7824, VWAP-7838Pullback is on with the index covering more than 50 points from the lows and the 7800PE writers gaining strength with highest addition right now, resistance around 7886NF…Thanks & Regards
Prabhu,,,Your positive diver..Observation working well..BN.. good recover & now in positive
GA Master, Red count of i, ii, iii is now invalid as bounce from today low breached the 7854 level in above iiird chart?
@masterwhat is the value of red (i) from 7872? is it negated?thanks.
@mastersorry...itis from 7972.
is that true sir?
minor bounce can be expected once price trades above gap for few minutes
prabhanshu what are the +ww targets
Nifty SAR shorting not giving room for bears. BANG BANG
Gs, 1-4 line is 8000+
Prabhu.. ohh then one more time short trapped ?
minor bounce came after staying above gap
Either PCR is a lagging indicator or market is just eating all the stops... Fun should begin after 2:30 pm
master is it ok to initiate fresh shorts now that we are near 21,34hr sma or we wait
Na bulls ki na bears , yeh market waqt ki hera- pheri hai. IIP is .4 lekin sab achaa hai.
One more scenario possible: I am missing something in reading PCR. Anyone has an opinion?http://www.niftytrader.in/nifty-intra-pcr/
@sonu was about to ask your opinion how far you trust this bounce@lazydude it looks like election results will provide the trigger
New Post Done.