Time To Stick My Neck Out "Nifty 5000"

[uasish]

Now RSI & Stoch entered at OB zone,also near earlier 4167.60 (now resistance).
RSI again divergence.

 

[uasish]

http://www.traderji.com/94382-post279.html

Defying gravity Nifty spot reahed SavantGarde's Level

 

[uasish]

Taken support at .618 level @ 4185 & RSI on 50 level

 

[Czar]

Thks Czar,this prompted me:
http://www.traderji.com/94528-post11.html

Live is always a better way to understand.

very true totally agree.

 

[uasish]

Red= Resistance
Yellow= Decider Point
Green= Support

 

[renu daga]

hello asish,
the chart seems to eb quite atttactive,,,,can we know this indiactor based on what,,,still dont u think postion long taken here is very slow and delay,,,,,and exiting it is timed properly,,,,

renu

 

[uasish]

Renu Dagga,
Will respond to your Query ,after mkt hrs.
Asish

 

[uasish]

RD,
If you are looking in intraday charts (1min) see how just at the Supp point in the above chart has acted , given res twice & given supp twice.This run infact has started from that very point.
Asish

 

[uasish]

Once again the Supp area worked.

 

[uasish]

Hope now the meaning of Supp is clarified by the chart.