As per ichimoku daily, the nifty is rangebound between tenkensen (6068) and kijunsen (6125). Nifty witnessed resistance at 6150 as said above and closed again in range. The interesting aspect is clouds are in parallel to movement lines indicating possible breakout on either side with my guess towards upper side as Span A line is in crossover mode. Nifty closing above 6125 can be considered bullish.
9 comments:
Hi Sri,
the profile chart and ichi chart are well complementing each other.
Thanks.
Looks like a brk thro the cloud downwards.
Lets see.
Hi Sri,
How are you..Hope your are doing well and office pressure is easing :)
Just landed here after taking a link from OJN..
blog is really impressive and looks so cool :)
Congrats..
not actively in market for time being..will catch up soon..
Hi Az,
nice to see you here.
:)
this is the 3rd design sri has put up,
sri, this too looks cool.
you keep trying to bring out the best for the readers, and i know how hard it is.
goodnight!
Hi mok,
slowly trying to catch my rhythm you all people :)
Hi mok,
slowly trying to catch my rhythm with you all people :)
hi assortz,
nice to see you back. office pressure is still there but trying to manage within time constraints....
thanks for your nice comments and keep visiting...
Hi AZ,
yes boss, you had been quite tied up this season - wow just count the achievements and commitments ...!
yep, where is the question of catching up ? when you are always with us ... :)
Hi Sri,
:)
Sri,
Yes, and you have got the "into cloud" faster since the shortterm parameter has made the reaction faster.
We will try twin charts of each having the shorterm and regular parameters. It will be easier to get a clue on movements.
Thanks
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