This blog is my trading diary. It is an attempt to organise my analysis and thoughts. I follow the charting methods given in JUST NIFTY blog by Ilango sir and so the charts would have striking resemblance to his charts. I am indebted to Ilango sir for having made this blog possible for me.
6 comments:
If my 30min. chart working out well then everything is fine with bears should break 4966 decesively partially closed my shorts (sept) this break will give nearby 4894/4858/4826 initially.
16585/469 intra villains for bears. let us see.
Suja,
spotted an abcd bullish pattern in Nifty Hour charts with A =5169, B= 4911
C= 5030 = 50% retr of AB.
In such cases the D is expected to be 200% retr of BC which comes to 4792.
This coincides with the Bullish shark pattern's C - posted earlier in the day.
Harpreet has also sent me a mail confirming the bullish shark pattern!!!
Tan tadainggggggggggg
check 30 min chart 26 aug to yesterday u will find reverse cup and handle pattern neckline around 4966 and 86 abv is the gap area. expecting around -200 points. u v to tell now whether i am right or wrong :)
hopefully i may be wrong :D poor charter it's a timepass for "short term"
Dear satheesh!
After ur comment on my blog i was sure that now market will fall sure. Why? 1st women power & here double power:) Sujatha & u both r giving excellent targets nowadays, keep it up:)
Thanks Kumar sir
Oops still the 30 mins. chart is the culprit for me to take decision.
OMG at the last moment i closed partial shorts as again EOD close at the same level not much difference but not in long. I think the same story may repeat if 4909/11 protects upto 5035/50 crossover will give ..........tomorow's opening will be "clue" to change my "mindset of trading"
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