Apr 21, 2011

Nifty status

Puzzle of the Day:
Crorepathi quest:
Choice 1: Fill the gap and take off.
Choice 2: Fill the gap and break down.
Choice 3: No, did that yesterday, so not today.

Trading above Valuearea, formation of narrow range, a gap to startwith. Upto this it is like yesterday.

Computerjeee, lock karo ...

Status Expression:
at 12.30

16 comments:

Anonymous said...

so expecting fall to fill gap...??

mo h said...

Fill gap?
The post says possible but not necessarily.
An exhaustion seen here.
Europe would be direction?
Good.

mo h said...

Thanks, Sri,
Exhaustive work you do here.
Me, not able to find time man,
pop in & out a sec, thats all.
Take care, bye

mo h said...

While here,
Hi Manu
Good day, pal,
nice to see you ...
Take care, bye.
Will catch you sometime.

Anonymous said...

hi moh

upper trend line resistance for price, then in that case not able to go above VAH in MP..fight at POC ..let's see
too early

mo h said...

Hi,
yes please, seems hitting that invisible barrier and drifting mini zigzags.
but this europe in half an hour may give it the direction,

sometimes i wonder if all these mini zigzags mkt makes is like the F1 race warmup lap.
:))

keep posting your opinion.
its nice to have comraderie of positive kind that warms up the day and brightens outlook.

i will participate whenever i sneak up and steal out few miutes.

mo h said...

and, you guyz are in a good blog.
its rare to come across fundamental discussing blog.
SriGaneshh is good in that, though too polite to admit it :))
so I am saying it for him.
:))

inv said...

Cool.
These charts.

Anonymous said...

hi moh
i feel retracing to 5943 today and closing above will take nifty to new rally otherwise little skeptical of this.
probably it may form double top there which at this stage is not good sign.
what you say

mo h said...

Hi,
Yes,
5923 to 5927 was approx major points after and from that 5943 high making day.

Double top and its an interesting possibility.
Moreover the psychological 6 x 1000 factor also

Anonymous said...

hi moh

thanks for quick reply. last one hour it is roaming around median area 5895. on higher TF, it is looking like consolidation..??

mo h said...

Hi,
From Deepavali to 5176 spot low
the Fibo
5895 on nfity future 61.8%

and want to see if it carrys an influence.
[dont know what the value on Spot is, right now i dont have it here]

mo h said...

another of my statistics is,
its single digit percentage when days close above Resistance 3 level or below support 3 level.
Resistance 3 on spot is 5984
on future 6016

Anonymous said...

hi moh
Thanks for stats..helpful to arrive at conclusion.
seems to be moving toward value area low...with no significant shorts in the system, probably fresh shorts will get created now...

manu said...

hi mok..
i m back

mo h said...

Hi manu,
Pleasant times :D