Daily Tryst with Nifty

[Sunil]

observe 5min chart along with its 20bar simple moving average

finally, after many attempts, it obliged, coupled with +ve divergence

 

[WOD]

Agree.....My gut feeling is we are in for a break of 3900 today....(can be supported by bearish wedge on EOD).....

Drama has started...and hope it will end as wedge told me......also past experience coming handy.....

 

[Sunil]

2652 special:

above 3978 = 4010
below 3917 = 3885 (!!!)

 

[WOD]

Drama has started...and hope it will end as wedge told me......also past experience coming handy.....

Alright...bearish wedge should show us 3800 in coming days...

 

[lazytrader]

Alright...bearish wedge should show us 3800 in coming days...

I don't think we may see anything below 3850 at least not without bad news. We've sold off quite a bit and the results are trickling in. 3850 is half way into the gap. If it holds we will bouce back into 4000+ if it doesn't then it is 3700.

One more thing to note is that we have completed the 5 down day cycle so don't be surprised if 2-3 day retracement starts tomorrow and we close above 4000 tomorrow itself.

 

[WOD]

I don't think we may see anything below 3850 at least not without bad news. We've sold off quite a bit and the results are trickling in. 3850 is half way into the gap. If it holds we will bouce back into 4000+ if it doesn't then it is 3700.

One more thing to note is that we have completed the 5 down day cycle so don't be surprised if 2-3 day retracement starts tomorrow and we close above 4000 tomorrow itself.

Agree.....below 3800, 3700 for sure.....also most probably we would break 4000+ today itself......but a close above 4000 and I am out of my PE for sure.....

 

[WOD]

Can someone please post 60 min charts of nifty for last 15 days.....There is some problem with investbulls.com........

Thanks....

 

[WOD]

Great job sunil......nifty did not sustain 3920 and got back to 4050.....another good lesson for me...

 

[Sunil]

Can someone please post 60 min charts of nifty for last 15 days.....There is some problem with investbulls.com........

Thanks....

you want it with any indicator/oscillator/volume??
also, confirm again - nifty spot or fut?

 

[Sunil]

Great job sunil......nifty did not sustain 3920 and got back to 4050.....another good lesson for me...

thanks to the 3pm hourly inside bar (yesterday)