The first Hour price action would indicate negation of such -ve div in the 9-rsi chart, though others might continue. Have patience and ride the trend.
Thursday, June 30, 2011
Nifty PreMarket View
Nifty could continue this upmove till 5700 as long as 5535 holds(50sma). Despite negative divergences appearing, no weakness has yet resulted in the prices.
The first Hour price action would indicate negation of such -ve div in the 9-rsi chart, though others might continue. Have patience and ride the trend.
The first Hour price action would indicate negation of such -ve div in the 9-rsi chart, though others might continue. Have patience and ride the trend.
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...
17 comments:
Good Morning Ilango Sir and Friends
Nifty - Take a short at that trend line: CLICK HERE
good morning & have nice day, master.
Namaste Master and all friends
Namaste! Let this settlement be with wild volatility!
Happy trading!! :)
Today's VIX range is 5543 to 5658. (5659-Month Ema)
Namaste Ilango Sir and JN Family
@Ilango Sir,
If it is ok to share, could you please let us know how to get the Nifty range based on VIX.
gm master and friends
gm sir and freinds
Good morning Ilango Sir and all
Namaste ilango sir and friends,
Today's quote received :
"Life is not about waiting for the storms to pass...
it's about learning how to dance in the rain!"
"When we choose not to focus on what is missing from our lives,
but are grateful for the abundance that's present....we experience heaven on earth."
Namaste Ilango Sir n Blogmates!!
Sir booked profit as per "Action" mentioned, currently
trailing with 5595 NS as SL.
Also holding CE of July series, does yesterday's low @
5564 merit as TSL. Assuming trend carries on beyond 5700 :)
Thank You Sir.
It does look like a completion of "5 waves". Profit booking is correct.
Aggressive sell with 5637NF as SL. More confirmation on a break below 5600.
CE5700 +9.47% up by 855,650
PE5500 +2.88% up by 253,250
PE5600 +12.15% up by 896,150
PE5700 +49.98% up by 225,450
Gm Illango sir & all
New Post Done.
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