Charts for the Day

[umesh12]

I think it's ok. I don't think that anil will mind it, santhosh's charts are good and relevant, no spamming here.

My point is, when he has already opened so many threads, then why not post, all this, there. I am here to read the posts of Anil Bhai and the least of any one else.

I am not raising the question of good or bad or irrelevalent charts. If I have to read the posts of Santosh, then I will go to his thread.

 

[santhosh2010]

My point is, when he has already opened so many threads, then why not post, all this, there. I am here to read the posts of Anil Bhai and the least of any one else.

I am not raising the question of good or bad or irrelevalent charts. If I have to read the posts of Santosh, then I will go to his thread.

Sorry umesh ji,

Okay i understand,now it self i Stopped updates here.

 

[sabharwal_RK]

Please stop posting your charts and chit chats,

I do not want this thread to become Ravi baba's thread like.

Its becoming difficult to track Anilji post here.

Even if Anilji dont mind but as a audience I feel thread should be kept clean, its a gem of a thread.

 

[anil_s_trivedi]

Dear Fellow members,

I as a person always encouraged to post your chart views and fresh ideas. I am always open to new ideas. This thread is for charts which we deemed fit to analyse and initiate trade, mostly for deliveries, although i am posting Nifty spot too. So its like a blog for me.

My only motto, since i joined traderji is, Retail investors dont loose/throw money easily. As i had seen myself and many, we experiment with money, if we have abundance. but it will all is a starting point of your money mis-management. Learn the TA and please invest every penny as if, its the last one you had.

For people earning, Rs.70-80K as a salary, they see market as a gambling point and not as a place of wealth creation. This is sorry state of affairs. Respect money and invest/trade wisely.

I really dont want to pin point, who is right/wrong here. I am committed to my motto and all the same people who thinks same, are free to share their ideas.

Sorry...for morning dose...

 

[timepass]

Dear Fellow members,

I as a person always encouraged to post your chart views and fresh ideas. I am always open to new ideas. This thread is for charts which we deemed fit to analyse and initiate trade, mostly for deliveries, although i am posting Nifty spot too. So its like a blog for me.

My only motto, since i joined traderji is, Retail investors dont loose/throw money easily. As i had seen myself and many, we experiment with money, if we have abundance. but it will all is a starting point of your money mis-management. Learn the TA and please invest every penny as if, its the last one you had.

For people earning, Rs.70-80K as a salary, they see market as a gambling point and not as a place of wealth creation. This is sorry state of affairs. Respect money and invest/trade wisely.

I really dont want to pin point, who is right/wrong here. I am committed to my motto and all the same people who thinks same, are free to share their ideas.

Sorry...for morning dose...

Santhosh, I guess your charts are welcome here.

 

[anil_s_trivedi]

Nifty update:

As expected resistance still there is 7800 levels. Morning 10 am reversal bar on hourly not good. Current rally if seen on 5min charts is nothing but challenging that bar, if overcomes well good, else sell off here.
Momentum wise on hourly, short term - Down, Intermediate- Down, Long term - still UP.
Hourly breaching below morning lows, not good for bulls.

Daily SAR - still 7640 zone.
Daily closing were positive till yesterday. Todays morning hourly weakness need to act to spread weakness on daily, else its another time consolidation play. and you know well, if in uptrend, time consolidations are sign of bulls strength, as they restricting fall, frustrating bears.

Intraday Resistance - upside at 7787-90 region. on upside above this at 7815-20 region.

 

[anil_s_trivedi]

Nifty update:

wow that was a good fall. Never expected to such a tune. Anyways now resistance at 7766.
support at 7670-75 levels.
Closing below on daily not good for bulls. Closing below 7720 too will keep bias down.

Lower levels are 7620 / 7550

 

[anil_s_trivedi]

Observe the morning opening highs, and 10 AM reversal candle visible on 7800 CALL too.
After that 11 AM bar and 12 AM bar tried to chase it up, but failed badly.
Seen clearly on second chart of 5min.

 

[dipankar_ghosh]

Dear Anil sir,
Yesterday's closing Spot Nifty 15 min chart, inverted cup & handle. Please enlighten. Thanks

 

[anil_s_trivedi]

Nifty update:

wow that was a good fall. Never expected to such a tune. Anyways now resistance at 7766.
support at 7670-75 levels.
Closing below on daily not good for bulls. Closing below 7720 too will keep bias down.

Lower levels are 7620 / 7550

Nifty update:

Lower levels achieved today spot low at 7551.

Yesterdays closing was bad on daily charts. And now every rally will feel resistance at 7730-7740 zone. If rally failed from 7700-10 itself it will imply lack of bulls appetite to drive higher.

Failure to hold of 7550-45 will invite 7400-10 in a jiffy.
Only daily closing above 7715-20 will change my view to upside, till then its sell on rallies.

On intraday, 5min charts, i see resistance at 7655 / 7690-7700