HI guys hope u get a good sleep...thankfully many of us were saved by green channels posted day b4 yesterday..the above chart by dear RCG ji and is very easily understandable..we as a team are rigorously trying to tame this wave from 4721 but it is in frenzy world right now...
This chart is again prepared by RCG ji and is showing short term move of nifty as per gann fans....slightly adjustments according to fibo fans and ratios give us supports of 4909, 4892, and 4830...
The above chart by dear RCG ji is showing the same gann angles over a period since 2008...a small over lap of 1-2% in such panic is a normal thing...
Now lets see how channels are playing in present scenario...if u see these three white lines then u would know why i asked u to hedge longs with futures (not options also) at 5135 and to move out of all longs and enter shorting after 5010(5009 is a very important extension level)..
now coming to the action...do not think of going long till the time we close one 30 min candle above the white channel shown in the chart, in which we are moving now....above this white channel we shall see a good retracement of minimum 23% of the length....with brent cooling off we might see arrest in the fall 2morrow and i am expecting that we might make a dogi a spin top or a dragon fly....all the best...in such times just smile...
No comments:
Post a Comment