Nifty yet to close below short term averages...corrections have been mostly intra.
No damage done to this table yet.
Wednesday, April 7, 2010
Nifty holds firm amidst profit taking/ selling..
For those who are fond of trading with oscillators, here is the "Hour & 9-Rsi" and spot the areas where the tops are made vis-a-vis the "Rsi".. You will need more than just oscillators to execute your orders...EW, other TA, MP Values, OI Changes...and lots & lots of exposure to the dynamic market.
Nifty yet to close below short term averages...corrections have been mostly intra.
No damage done to this table yet.
Nifty yet to close below short term averages...corrections have been mostly intra.No damage done to this table yet.
Elliot's Impulse waves.(Part-5)
IMPULSE WAVES :- The Basics Waves that move the market in the direction of its main trend either up or down are called Impulse waves. 1....
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ... -
I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
4 comments:
Value Areas for tomorrow :
Nifty : 5389-5381-5368.
Mynac, Sreeganesh, Satheesh and others: Read your comments from yesterday. Could not respond as I was not active yesterday.
My first post:
http://niftychartsandpatterns.blogspot.com/
View on RELIANCE INDUSTRIES which is near its important resistance.
I have started this blog inspired by the master(ILANGO) and with my limited knowledge of chart patterns which i would like to share with everyone. I hope to get guidance from ILANGO Sir.
thank you
Dear Viren,
Your value areas are important for me, for my trading strategy. So daily, eagerly I wait for your “Value “able comment. Thanks for your contribution.
Dear Rajagopal,
We really miss you and your comments. We really LOVE you. Besides market you must have other priorities, otherwise the person like you, who has got the honorable space right on the top in such a popular Blog, followed by many like me cannot miss a single day action. Though you are traveling you are updating “Rajagopal's T.A Nifty.50” shows the commitment. Very remarkable. Thanks for your contribution too.
Dear Mynac,
It's my pleasure to be of some "value" to you and to the blog.
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