tag:blogger.com,1999:blog-4106354889057002803.post26644090209499288..comments2024-01-06T16:15:40.022+05:30Comments on The Third Eye: Trading Wisdom - Basic PreparationAAR VEEhttp://www.blogger.com/profile/12209323009249048054noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4106354889057002803.post-57465085170405705012014-11-02T23:19:45.744+05:302014-11-02T23:19:45.744+05:30
UPDATE 02-11-14
----------------
1. As mentioned...<br />UPDATE 02-11-14<br />----------------<br /><br />1. As mentioned above and in probable count last post, we did IV-3 at 7723 low ( flat-x-zz), moving up above 50-20dma we got confirmation of end of correction and a firm move above last high of 8180 justifies V-3<br /><br />2. Now this fast upmove from 7723 can be taken as V-3 and may find positional target in 8425-8550 zone. Right now we may be in the iiird of this V-3.<br /><br />3. Next week is a truncated week with two trading holidays. We may trade range bound with upward bias and may trade in the 8250-8450 broader range.<br /><br /> AAR VEEhttps://www.blogger.com/profile/12209323009249048054noreply@blogger.comtag:blogger.com,1999:blog-4106354889057002803.post-11918250298817593182014-11-02T23:09:14.664+05:302014-11-02T23:09:14.664+05:30Low of 7723 was made in last session 17-10-14 befo...Low of 7723 was made in last session 17-10-14 before this comment <br /><br />UPDATE : 19-10-2014 :<br />---------------------<br /><br />1. Complex corrective from top of 8180 is on.<br /><br />2. This may be IV-3 or may be larger 4th wave correction. (as in charts above)<br /><br />3. 50dma was broken convincingly and now last 2 sessions 100dma is supporting . (The trading range mentioned in hrly chart got broken bringing in short term weakness). <br /><br />4. Correction unfolding is a combination corrective most likely a-b-c-x-a-b-c (Flat-x-may be zz) as of now .<br /><br />5. Now close above 50dma may signal a likely end of correction and above 20dma as confirmation of it.<br />Similarly break of 100dma may extend the correction further to 7650-7590 zone.<br /><br /><br />October 20, 2014 at 12:29 AM AAR VEEhttps://www.blogger.com/profile/12209323009249048054noreply@blogger.comtag:blogger.com,1999:blog-4106354889057002803.post-84333698985106008572014-10-29T20:43:55.149+05:302014-10-29T20:43:55.149+05:30good suggestions ....only problem is adhering to t...good suggestions ....only problem is adhering to them......timing and anticipating is all that matters.....technical analysis=timing and funda check= anticipation....keep updating sir....wishing you a successful profitable year ahead....Anonymous@Vnoreply@blogger.com