Hanumanji

Hanumanji
Jai Hanuman Gyan Gun Sagar Jai Kapeesh Tihu Lok Ujaagar Ram Doot Atulita Baladhaama Anjani Putra Pavanasuta Naama

Wednesday, August 8, 2012

Nifty on 08-08-2012

In focus would be:
And look for negative divergence on Hour charts for reversals.
10.15 AM
Time to short with SL at day's high
Ist target should be 5264(the boundary line of last gap-up which also happens to be 5 DMA
12.36 PM
4.30 PM

Had to leave immediately after posting the above chart.
And now on coming back I find the ending almost as visualised in the morning,though from 1-3PM it was quite volatile.Phew---

9 comments:

  1. guruji,
    i was thinking that 5177/5232 5944-5746 area in feb-july11 how did u label???

    ReplyDelete
  2. guruji
    u labelled 5177-59xx 786
    59xx-5195 as abc
    5197-5740 544
    544/786=70% but c of zz goes above a and b is allowed 80% retrace here its more

    if we label it as flat a and c appear as impulse.
    great confusion. kya hoga??

    ReplyDelete
  3. Guruji knowing your Astro background.. last two days Chandrashtama for you??

    ReplyDelete
    Replies
    1. lol !!!
      Yeaah ! Paddy--studying astro was pure bliss.Made one realise that there are forces beyond comprehension which contribute to one's success and failure. But very soon I understood that I should leave those forces to do their job ----
      and concentrate on doing what we can decipher,comprehend and visualse in a better way. Success/failure are combined result of very many factors---our efforts,elders'blessings,vibes in neighbourhood and forces unleashed by stars---- it would not be correct,however,to over-emphasise one factor and ignore other.
      But when you mentioned I checked---it was not in ashtam.

      Delete
    2. Excellent message for Guruji!! I appreciate!!

      Delete
  4. short with 5359 as stop loss.looks like nifty is doing a 3-3-5 correction
    5 started at 5358

    ReplyDelete
  5. sorry,
    read 5359 as 5379
    read 5358 as 5379

    ReplyDelete

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