{"id":1316,"date":"2011-12-12T03:34:55","date_gmt":"2011-12-12T03:34:55","guid":{"rendered":"http:\/\/www.cashthechaos.com\/blog\/?p=1316"},"modified":"2014-01-14T22:41:16","modified_gmt":"2014-01-14T22:41:16","slug":"technicals-12th-dec2011","status":"publish","type":"post","link":"https:\/\/www.cashthechaos.com\/blog\/2011\/12\/12\/technicals-12th-dec2011\/","title":{"rendered":"Technicals 12th Dec2011"},"content":{"rendered":"<p>Nifty(4866.70): Markets took eight sessions to rally from 4640 to 5099 but it has just taken 2 sessions to wipe out a little over 50% of those gains.<\/p>\n<div id=\"attachment_1317\" style=\"width: 410px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.cashthechaos.com\/blog\/wp-content\/uploads\/Niftyintra12Dec2011.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1317\" class=\"size-medium wp-image-1317 \" title=\"Niftyintra12Dec2011\" src=\"https:\/\/www.cashthechaos.com\/blog\/wp-content\/uploads\/Niftyintra12Dec2011-300x149.jpg\" alt=\"\" width=\"400\" height=\"225\" \/><\/a><p id=\"caption-attachment-1317\" class=\"wp-caption-text\">Nifty intraday charts<\/p><\/div>\n<p>A relief rally now to something under 5000 mark would mark wave ii of the wave 5 (see chart). More specifically, the ideal level for this relief rally to end would be 4935 or 4980. So if our reading technical pattern of the\u00a0intra-day\u00a0chart is correct, a very powerful move (wave iii of 5) that challenges the Nov low of 4640 should evolve post this relief rally. As mentioned last week, \u00a0a new low on or before the 21st of December seems likely.<\/p>\n<p><strong>Supports: 4810 and 4640 Resistance: 4935 and 4980<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nifty(4866.70): Markets took eight sessions to rally from 4640 to 5099 but it has just taken 2 sessions to wipe out a little over 50% of those gains. A relief rally now to something under 5000 mark would mark wave ii of the wave 5 (see chart). More specifically, the ideal level for this relief <a href='https:\/\/www.cashthechaos.com\/blog\/2011\/12\/12\/technicals-12th-dec2011\/' class='excerpt-more'>[&#8230;]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42,76],"tags":[],"class_list":["post-1316","post","type-post","status-publish","format-standard","hentry","category-indian-stocks","category-premium-content","category-42-id","category-76-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/posts\/1316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/comments?post=1316"}],"version-history":[{"count":4,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/posts\/1316\/revisions"}],"predecessor-version":[{"id":1759,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/posts\/1316\/revisions\/1759"}],"wp:attachment":[{"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/media?parent=1316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/categories?post=1316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/tags?post=1316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}