Daily Tryst with Nifty

[Sunil]

A potential Inv H&S worth 90 points !!!

AND HERE COMES THE Neckline....

 

[Sunil]

2009 high = NF 4730 / NS 4724

 

[Sunil]

4705-09 initial upport for registering new high above 4725

 

[Sunil]

2009 high = NF 4730 / NS 4724

not a tick above it...

the whole Inv H&S pattern negated, and the same as become a multiple top zone...
4600-4700 indecision continues

 

[Sunil]

after long time, an inside bar in 60min WITH ITS WHOLE BODY WITHIN THE REAL BODY OF THE PRECEDING BAR!!!!

read somewhere, it's a bullish harami bar - though, not sure about its implications (which actually means - tryst with 4600-4620 now)

observing the action in next hour

 

[MurAtt]

Sirjee --

Aajkal aap nahi rehte hain Full-Time and others too disappeared
Postings almost becoming NIL

 

[Sunil]

after long time, an inside bar in 60min WITH ITS WHOLE BODY WITHIN THE REAL BODY OF THE PRECEDING BAR!!!!

read somewhere, it's a bullish harami bar - though, not sure about its implications (which actually means - tryst with 4600-4620 now)

observing the action in next hour

http://www.investopedia.com/terms/b/bullishharami.asp

 

[Sunil]

ANOTHER NOTE-WORTHY POINT ABOUT HARAMI BARS:

The smaller the second (white) candlestick, the more likely the reversal.

 

[Sunil]

Sirjee --

Aajkal aap nahi rehte hain Full-Time and others too disappeared
Postings almost becoming NIL

u may say, it's energy conservation for the evening shift with commodities trading; scrip=energy

 

[MurAtt]

Yes - wohi soche the -- aajkal Sunil sir OIL pe jyaada dhyaan de rahe hain

Apna Nifty bhi to OIL ke tarah slippery ho gaya hai - haath me aata hi nahi hai