Nifty Entry ,Exit ,Target levels with Median Line Charts

[HARESHRM]

Realy thanks ...
Great job done sirji

 

[timepass]

Ah Kavima, you haven't defined an "OTOH" scenario. Mind you, Niftyben has been defying all charts and logic.

PS: True of the female species, I suppose

J/k.

 

[SavantGarde]

Hi Kavima,

May I request your permission to draw a few doodles on your chart & post it back here....!!!

SG

 

[Kavima]

@ TP

I've learnt to always think of the OTOH scenario from past lessons from the market.

But this time NIFTYBEN has stupefied many of us ( in fact all ...though they may not accept it ) , and past two days I think market watchers and bears must be like a zombie :lol:
Just not able to see past the stars TP.....

@SG
Aaahhh!!you're most welcome ....I think it's high time I get some more interaction from all u friends

 

[timepass]

@ TP
I've learnt to always think of the OTOH scenario from past lessons from the market.

So tell us all also baba, why keeping it such a big secret ??. Also, the recent charts are devoid of stochastics (or is that another big secret).

Seriously, the markets are so overheated that no one expects the party to end anytime soon. People will come up all sorts of excuses to justify another 100 points upmove and think of any downside only as a correction. That's why it's only the charts which exhibit some degree of level-headedness.

 

[Kavima]

@TP

No secrets Timepass!!
For you attaching the chart with stochastics
You know indicators are the biggest villains...As u must know , in range bound trading they are excellent but when trending they give a false signal of reversal(ie anyway our mistake by not interpreting it correctly with caution)
See how the stoch indicator turned down slightly and reversed again into the overbought zone and still dancing there! Price action study are the best way to interpret the chart :thumb:

[/URL] Uploaded with ImageShack.us[/IMG]

 

[SavantGarde]

Hi Kavima,

Looking at the Burnt Orange PF (SH-SL) Range narrowing down to the Green PF (SH-SL) where the Time has contracted quite a bit, then further development of the Turquoise dotted which is even narrower than the previous....!!!

What next... If you did some Crystal Ball gazing....

SG

 

[Kavima]

I hope it's a beautiful lady with the crystal Ball

The swings are getting shorter and retracements also shorter within the green PF indicating the finale is nearing.If the current swing ,which started from today's last hour bar should be smaller than previous upswing the climax may come at around 5100 zone near the junction of the green PF / Acqua doted Upsloping line / temp. red warning line ..
And this is pure Crystal gazing predictions!!!

 

[SavantGarde]

Yup....that's exactly what I thought as well...perhaps a big head fake & all the Longs..jumping in Lock, Stock & Barrel...there goose is cooked....

Classic Head Fake.... check the new thread when you have time, for the 60 min. Chart that was posted in the wee hours...!!!

SG

I hope it's a beautiful lady with the crystal Ball

The swings are getting shorter and retracements also shorter within the green PF indicating the finale is nearing.If the current swing ,which started from today's last hour bar should be smaller than previous upswing the climax may come at around 5100 zone near the junction of the green PF / Acqua doted Upsloping line / temp. red warning line ..
And this is pure Crystal gazing predictions!!!

 

[SavantGarde]

Hi Kavima... here is one especially for you...

What is the difference between Pause (Paws), Clause (Claws) & Glue

SG