For the past two hours the Low has not breached the 200 DMA and so reentered Longs at 5080NF with SL EOD close below 200 DMA - 5065.
| Trade Table | ||
| Current pattern | X-A | B(current) |
| 0-5 pattern and Butterfly pattern (week) | 4804 - 5020 | 4770 |
| Trade initiated | SL 200 DMA - 5065NS | |
| Re-entered LONG at 5080NF on june 15 | Proj for C | |
| 113.00% | 5052.00 | |
| 161.80% | 5174.00 | |
| 224.00% | 5330.00 | |
| Partbooked at 5030 NF on june 7 | ||
| Part booked at 5135NF on 13 June | ||
| SL triggerred at 5090 NS on june 14 | ||
Analysis for Jun 15:
Nifty Got resisted from the Pivot and ended just above the Day LEMA and Day 10 EMA. Holding the Day LEMa and 10 EMA a Bounce is likely. A close above todays developing Week HEMA of 5096 would turn the picture bullish again and Nifty is likely to scale above 5200++. If the Close is below Week HEMA abd Day Hema of 5096-5110 - then again Nifty would be moving in a range between 5009 - 5100 - Corresponding to Week 5EMA and week HEMA.
The yesterday's low of 5054 is being supported by the channel.
Buy at ranges of 5020 - 5035 with SL EOD close below 5000 - corresponding to Week 5 EMA.
| Developing Week Levels | |
| CLOSE | |
| PIVOT | 5072 |
| HI EMA | 5096 |
| LOW EMA | 4905 |
| 5 EMA | 5009 |
| 10 EMA | 5047 |
| PrevHigh | 5145 |
| Prev Low | 5015 |
| CHECK LIST-DAY | |||
| CLOSE | 5055 | 5 SMA | 5083 |
| PIVOT | 5077 | 5EMA | 5067 |
| HI EMA | 5110 | 10EMA | 5032 |
| LOW EMA | 5031 | 13EMA | 5018 |
| prev HI | 5130 | 20 Hr MA | 5096 |
| prev LOW | 5048 | 50 Hr MA | 5054 |
| 50 DMA | 5077 | 100 Hr MA | 4985 |
| 200 DMA | 5065 | 200 Hr MA | 4954 |
| 100 DMA | 5194 |
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