2. Update at 10.25 A.M:- 3237 was the "A" bottom from yesterdays high of 3329(1st wave up from 3099...& now after making a "B" wave high at 3332 in the morning, the "C" wave is on...should not fall beyond 3237 to 3200 levels..Should not close 3237 below at any hour..
3. Update at 11.05 A.M:- Close below 3240 will bring in downward momentum.
4. Update at 11.52 A.M:- Market just touched the "A" wave bottom of 3237..Any further fall, say below 3200, will lead to new lows..Mkt should reverse from here..
5. Update at 12.05 A.M:- A close above 3270 & further a trade above 3310 is required for upmove to resume. Any fall below 3237, Exit any longs.
6. Update at 1.05 P.M:- Though market went past 3270, unable to close above that..Signs of weakness..Sell below 3237 & SL at 3270.
7.Update at 2.05 P.M:- If market has to reverse, 3145 to 3155 is the area. If not, go for deep falls.
8.Update at 3.05 P.M:- Trending lower towards sub 3000..
2 comments:
Hi Sir,
Where can I see the updates which u provide during live markets??
Thanks & Regards
I keep updating the hourly data from "NSE Home page Chart" and feed to my files to get the internals.
These are supporting data required to reconfirm the price patterns noticed during market hours..A bit time consuming but very effective.
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