Retracement for the fall from 5448 to 5394 comes at
We have done 5419 already today close to 50% .
Day Trend is up having lost the momentum with today's close below high ema .
and Hour trend has turned down today withour momentum , as we closed above low ema.
on Hour TF 5 and 10 ema at 5419 , I will keep my eye on this .
Today's low 5394 , if we break this more weakness according to me .
5398 day ema
5371 day low ema
-ve divergence still persisting .
anything above 5438 means HH .
| From | To | Fall/ Rise | 0.00236 | 0.38 | 0.5 | 0.00618 | 0.00736 | 0.008 |
| 5448 | 5394 | 54 | 5406.744 | 5414.52 | 5421 | 5427.383 | 5433.744 | 5437.2 |
We have done 5419 already today close to 50% .
Day Trend is up having lost the momentum with today's close below high ema .
and Hour trend has turned down today withour momentum , as we closed above low ema.
on Hour TF 5 and 10 ema at 5419 , I will keep my eye on this .
Today's low 5394 , if we break this more weakness according to me .
5398 day ema
5371 day low ema
-ve divergence still persisting .
anything above 5438 means HH .
2 comments:
Nifty exact low 5371 Friday ...Nice.BTW also Bangalorean and taking infant steps in TA.
@ raju4u ,All the best in your studies.
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