Wolfe Wave

sunny_cool

Well-Known Member
UPDATE on ongoing charts

DLF - hit stop loss (189.2) & did not respected (WW) or may I make some mistake (please point out if any one find mistake in DLF chart on page 11)... I think gap up & strong uptrend in Nifty was the reason




SBIN still in formation....no signs of confirmation till now
 

prst

Well-Known Member
IDFC hourly

Another chart for watch list....VJAY it near point 5...lets see how it pans out

one can take short trade with SL as pivot high...Risk-Reward ratio will be very good..

sunny,
am not sure if am right or wrong.
but i see it as a channel and unable to see converging lines.
 

sunny_cool

Well-Known Member
I also had same thing in mind...It will converge after a long period of time though its hourly so can expect the target.... but I post the chart for study purpose & even its a good downside as it bouncing back from upper channel

sunny,
am not sure if am right or wrong.
but i see it as a channel and unable to see converging lines.
 

prst

Well-Known Member
I also had same thing in mind...It will converge after a long period of time though its hourly so can expect the target.... but I post the chart for study purpose & even its a good downside as it bouncing back from upper channel
tats true.
channels also good patterns to trade.
 

EagleOne

Well-Known Member
Sunny bhai, IDFC ka bada solid short banta hai, kiya ya nahin? :D
 

EagleOne

Well-Known Member
Bot 120 PE @2.15

Very high -ve change in OI @120 PE

Ab iskay baad sab upar walay ke haath mein hai :p
Arrey, yaar. ATM options ka bhartaa banne ga. Low aur high ke beech mein kabirji ka doha chlega:
Karat karat abheyaas se jadmati hot sujaan
Rasri aavat jaat se seel pe parat nissan! :D
 

EagleOne

Well-Known Member
Sunny bhai, you are a brave man. Saali stock options only you can play! Mere jaisa banda toh sucide kar le, kasam se. NIFTY 20 point gir gayi aur IDFC viagra kha ke baithi hai! :D
 

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