Tuesday, April 30, 2013
Nifty Pre-Market View.
"5945-71", major resistances/ MHEma.
"5877-90", important support in ST(DHEma).
TT turned 95% green @ 2.00PM.
Just as 34 Hr sma has been supporting BN, 21 Hr sma has been supporting Nifty.
ST strength would continue above 21 HrSma.
"5877-90", important support in ST(DHEma).
TT turned 95% green @ 2.00PM.
Just as 34 Hr sma has been supporting BN, 21 Hr sma has been supporting Nifty.
ST strength would continue above 21 HrSma.
Monday, April 29, 2013
Nifty Pre-Market View.
An Hourly consolidation is on.
Only a close below 5856 would confirm a daily consolidation.
Until then, a range bound movement is likely.
5833-45 is the earlier consolidation highs.
5900-10 is the current consolidation highs.
Only a close below 5856 would confirm a daily consolidation.
Until then, a range bound movement is likely.
5833-45 is the earlier consolidation highs.
5900-10 is the current consolidation highs.
Saturday, April 27, 2013
Delayed gratification, the simplest but the hardest one to successful living.
I owe it all to her
while my mother wasn't a stay at home mom, she was certainly the rock that held our family together and kept me on the straight and narrow. She convinced me to save my money earned at my high-school job, and to do my homework and study so that I could get into the college of my choice. It all worked out. Thanks Mom!
Today, this is the most important role in improving the world today.
"A mother is not a person to lean on, but a person to make leaning unnecessary." -Dorothy Canfield Fisher. At a party last week, I bumped into a distracted woman wearing a frown.
"Hey, don't hog all the fun," I said with a wink.
She shook her head and gave me a slightly embarrassed smile.
Today, this is the most important role in improving the world today.
"A mother is not a person to lean on, but a person to make leaning unnecessary." -Dorothy Canfield Fisher. At a party last week, I bumped into a distracted woman wearing a frown.
"Hey, don't hog all the fun," I said with a wink.
She shook her head and gave me a slightly embarrassed smile.
Friday, April 26, 2013
Nifty Pre-Market View.
If highs @ open is restricted below 5930-45 & the channel gets broken @ 5880-75(approx), a big consolidation is likely; The second signal would be break of 61.8% of last rise from 5792 to new highs.
Trend followers would continue to hold their "Longs" as such minor falls would not alter the major trend and there are no weakness signs noticed in Day/ week/ month so far..
Major resistances lie @ 5945-5971.
Only a move past this zone can invalidate the "negative divergences" appearing in hour charts.
Trend followers would continue to hold their "Longs" as such minor falls would not alter the major trend and there are no weakness signs noticed in Day/ week/ month so far..
Major resistances lie @ 5945-5971.
Only a move past this zone can invalidate the "negative divergences" appearing in hour charts.
Thursday, April 25, 2013
Nifty ends the settlement on a high note, having the next major res. @ 5945-71.
vksoni said...
my guess for expiry is 5917.
80 points above last close.
reasons: day s.macd may turn positive today.
looking at momentum, nifty could do 100 points and close just below it. April 25, 2013 at 11:24 AM.
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You took the initiative to restart "Expiry contest", a learning path. DR encouraged you promptly.
You are a deserving winner...more so for the logic based on sound technical analysis.
Congratulations.
80 points above last close.
reasons: day s.macd may turn positive today.
looking at momentum, nifty could do 100 points and close just below it. April 25, 2013 at 11:24 AM.
----------------------------------------------------------------------------------------------
You took the initiative to restart "Expiry contest", a learning path. DR encouraged you promptly.
You are a deserving winner...more so for the logic based on sound technical analysis.
Congratulations.
Nifty Pre-Market View.
"5872", the 1st 80%; "5883", VIX higher range.
Above these, R3 @ 5910.
Supports have risen to 5800-21 HR sma; 5790, VIX lower range.
Above 5845, it would confirm a vth wave.
"5825" would be the weakness signal for the opening session; trail it thru' the day appropriately.
If you trade in Nifty, follow only Nifty prices...here...in our bourses.
Above these, R3 @ 5910.
Supports have risen to 5800-21 HR sma; 5790, VIX lower range.
Above 5845, it would confirm a vth wave.
"5825" would be the weakness signal for the opening session; trail it thru' the day appropriately.
If you trade in Nifty, follow only Nifty prices...here...in our bourses.
Tuesday, April 23, 2013
Nifty Pre-Market View.
Waves extend during strong uptrend.
Keeping above 5825(&5815), it could continue to climb higher towards 5870-85.
Keeping below 5825(&5815), it could weaken to 5790-65.
Keeping above 5825(&5815), it could continue to climb higher towards 5870-85.
Keeping below 5825(&5815), it could weaken to 5790-65.
Monday, April 22, 2013
Nifty Pre-Market View.
Daily channel resisting line is around "5820-30" zone.
So do the earlier supports turned resistances @ 5823-54.
Supports in the ST is the 50 DMA-5755-65.
We have labelled a likely completion of a simple 5 waves from 5500 to "today's first session's high".
If this upmove is a larger 5th wave as shown in our weekly chart of "JustNifty TA" file (we discussed of 3rd wave from 5500 sub-dividing in such a scenario on Thursday), waves could sub-divide and the upmove continues...quite impulsively.
So do the earlier supports turned resistances @ 5823-54.
Supports in the ST is the 50 DMA-5755-65.
We have labelled a likely completion of a simple 5 waves from 5500 to "today's first session's high".
If this upmove is a larger 5th wave as shown in our weekly chart of "JustNifty TA" file (we discussed of 3rd wave from 5500 sub-dividing in such a scenario on Thursday), waves could sub-divide and the upmove continues...quite impulsively.
Saturday, April 20, 2013
The greatest secret of all: become a hollow flute to allow the divine songs to start flowing through you.....
What is knowledge?
And why are all those who have become awakened deeply against it?
Knowledge is a device to fight with existence.
Knowledge is a tool in the hands of the ego. Knowledge is the basic ego trip.
Just as money is, power is, knowledge is also - but more dangerous than money, more dangerous than power, because knowledge is more subtle.
Lets revisit the old story of Adam's expulsion from paradise. That parable has multi dimensional meanings.
And why are all those who have become awakened deeply against it?
Knowledge is a device to fight with existence.
Knowledge is a tool in the hands of the ego. Knowledge is the basic ego trip.
Just as money is, power is, knowledge is also - but more dangerous than money, more dangerous than power, because knowledge is more subtle.Lets revisit the old story of Adam's expulsion from paradise. That parable has multi dimensional meanings.
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