The fall from 6170 shows just 3 segments unless it was part of a running correction; hence, look at the retrace from 6097-5933 fall before which look at the retrace for the 5933-6018 rise.
If 5948-56 is held, prices could move higher in a corrective rise..Each corrective rally during this fall has lasted 6 to 8 hours at the maximum.
"5971" would continue to be the number to conquer besides the DLEma..
Until a close above 34 Hr Sma, view the rises with suspicion.
Trend continues to be down(D...D...D) till a change happens at EOD..
If 5948-56 is held, prices could move higher in a corrective rise..Each corrective rally during this fall has lasted 6 to 8 hours at the maximum.
"5971" would continue to be the number to conquer besides the DLEma..
Until a close above 34 Hr Sma, view the rises with suspicion.
Trend continues to be down(D...D...D) till a change happens at EOD..
23 comments:
Good Morning, Ilango Ji
Good Morning Ilango Sir and Friends
NIFTY Chart Update: CLICK Here
Good Morning sir & friends
GM Master & Blogmates.
Have a profitable trading day.
Good Morning Sir & All Friends.
Goodmorning master and all blogmates,
You make it so simple for all with your experienced eyes.Pranam !!
Namaste Ilango Sir and blog friends
LV
Good Mng Sir and Friends.
Good Morning,
Happy Disciplined Trading!
https://skydrive.live.com/redir?resid=BE7C624779B57552!178&authkey=!AOnIXVLNZHFOv-0&ithint=file%2c.pdf
Gudmrng Sir and Blogmates...have a profitable day :)
good morning, Sir and friends.
Good Morning All.
Dear ALL
Namasthe ......
nifty futures 5975 is 80% retrace...
Two hr low broken
gudmorning master and all frnds
Good Morning Sir and Blog Mates
veerasamy
Good Morning Master & Friends !!!
Nifty already clears NR7 range in 1st hour... rather in 30 mins.
@TFL Ur PDF report on skydrive is simple and concise....good work buddy.....Keep it going...Thx and all the best...:):)
@ sometimesbullsometimesbear
Thank You!
Just a small attempt of understanding market.
Any Suggestions are welcome.
New Post Done.
good morning... is it good for short nf @ 6001 ??? plz any body suggest me
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