Daily Tryst with Nifty

[Sunil]

a big rect. has evolved ...must be BO\BD...

just don't want gap up\ down tomm.

most likely we are going to end with an inside day + NR7 today

though, still an hour left....



after yesterday's WR-34 (widest range in last 34 days!!! - yup, after two bigs days post election result), such a narrowing of range is usually expected....

today's range is lowest of last 31 days!!!

a decent gap open is most likely

 

[Sunil]

oye chal oye.......
break that damn 5min BB

12min left

 

[Sunil]

Sahil says:
(60min bars)
11 = green
12 = red
1 = green
2 = red

so, 3 = green!!!

)

was not of much use

 

[Sunil]

now, another test of LOD will complete H&S pattern worth 60-70pts

else, any upmove towards HOD will confirm rectangle worth 60-70pts (looking from prev. day, it completes neckline of asc. triangle)

trend decider = 4190

most likely we are going to end with an inside day + NR7 today

though, still an hour left....



after yesterday's WR-34 (widest range in last 34 days!!! - yup, after two bigs days post election result), such a narrowing of range is usually expected....

today's range is lowest of last 31 days!!!

a decent gap open is most likely

... and the gap open takes away the cream of the rectangle.

Some solace for the puts bought before budget; hoping that they rise now

 

[Sunil]

Post election result, lowest low (key pivot low) = Spot / Fut 4090

 

[TrendPlayer]

Post Election First Circuit was at 4052 NF. Seems that window's upper boundary providing some S.

 

[Sunil]

5mins left fot confirmation:

IB + NR7 in 60min chart

 

[metushar]

Yes IB is there in 60 min...but nothing happening in the next bar
Look at 5min BB

 

[metushar]

I think current movement is last gudbye thing to 4090 level...

 

[Sunil]

5mins left fot confirmation:

IB + NR7 in 60min chart

failed IB on downside...
4110 to banta hain....