Mar 14, 2016

Once Again Technicals Rule

Well Just to show the power of Technical .

A crucial day ahead - - Closed near the First SL . . Second SL is still Safe .

Today Was NR7 day so tomorrow expect a Big Move . Also please note tomorrow is Gann Date so Impulsive move will be seen.

Happy Trading ! !


8 comments:

  1. Nimesh bhai first sign of weakness closing below 7hrlysma but still above 34hrlysma and more over sir is not showing weakness in his posted charts.

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    1. Yes Bhai - - Agreed - - Tomorrow Gann Date so Thing will be clear by tomorrow - - Also this leg mat not be more down - - at the most 7287 - 7070

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  2. Nimesh bhai sir has confirmed your view but expanding triangles generally come in iv or B waves.

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    1. Not Necessary Bhai - - Once if we keep aside the EW and watch the Expanding triangle as the ST point out - probably near 7090 - 7070

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  3. P T bhai how to know target of expanding triangle which you are getting around 7070/7090.

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    1. Draw the Trendline from 7973 to the highs before the budget day highs and another trend line joining the highs after the Gap up after budget day - - if you closely look from 7070 - 7080 the upmove culminated thus the level

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  4. Shorted in weakness today after 5days bhai.only worry is Masters mind in long.

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