Daily Tryst with Nifty

[MurAtt]

now, more of a descending triangle.... if yesterday's HOD is brought into pic...

will have to look at peak of every new triangle formed, for negation

B/D already done ... trying to give a 'Goodbye Kiss' ...
Acc to Triangle n my HnS, same target ...

 

[WOD]

@WOD -- No idea abt M or W formations, will have to check those out.

Flagpole formation - 5 min, another 30 pts downmove coming if not negated ...

P.S. : This and earlier post based on NSpot and not on NFut.

Agree, flapole is in progress....but target that I calculate is just 20 points.....

 

[MurAtt]

Agree --

 

[WOD]

Agree --

Alright....so 4020 should be coming soon.....

 

[Sunil]

I guess 4400 straddle buyers before B day (at Rs 400/- odd) are now atlast in some profit...

 

[WOD]

I guess 4400 straddle buyers before B day (at Rs 400/- odd) are now atlast in some profit...

Right sunil....After 2 days in loss...I am in profit of 4 points.....

Flagpole seems like negating......

 

[Sunil]

i may be wrong, but knowing breakdown failures, this may target 4200

 

[Sunil]

4145 is the target of apparent Inv H&S with NL 4090

 

[Sunil]

coincidentally,
4090 is today's classical pivot
S1 = 4031
R1 = 4129

 

[MurAtt]

Also I-Hns on NF in 5 min --- LOD to NL = 55 pts. B/O done ....

Also considering SO MANY b/o and b/d FAILURES in the last 3-4 days -- hv to be very strict ...