Tuesday, February 23, 2010

Nifty PreMarket View


38 comments:

Sudipto said...

Thank you Ilango Ji

krish48 said...

thanks for the nifty range

arpitg345 said...

Good Morning Ilango sir and other Blogmates

-arpit

Kp said...

good morning ilangoji.
and all blogmates.
thanx for the nifty aggresive levels.

Prabhakar said...

Good morning Ilango Sir and all blogmates

Anandan said...

Hi Guys,

See the Operators, Play..and they wish to BUY at Bottom : so they ask every one to sale..
take care..
http://www.anirudhsethireport.com/
Read above webpage..
Nifty will down, then up move expected from tomorrow or today afternoon..
So close your Short Positions if it shows profits..
Be carefull
Anandan.R

Anandan said...

Hi Guys,
BUY RIL, Bank Nifty, and DLF, Unitech, Indiabullsrealestate, Bharthi, IFCI, Suzlon, TTML, Bajaj Hind..
Short at Higher levels for HCL Tech, Infosys..Hindalco..
Anandan.R

Rajagopal said...

Good Morning Ilango.
Good Morning All.

satheesh said...

Good morning Ilango sir and all

Rajagopal said...

IDEA,REL,RELCAP,RELCOM,RIL,SUZNER and Unitec in OS State.

If anyone following these counters and has a different reading please advise.

Prashant said...

Sir,
What would be the opening value for nifty?

Umesh said...

Hello,
I have short Nifty at 4848, please suggest hold or exit. Umesh

Option Millionaire said...

Dear Illango ji and all

Good morning .

ORB RANGE = High : 4856.60 Low: 4833.15

Thanks

Option Millionaire said...

Breakout high point now cnp 4859

Ilango said...

Open: 4840.65

ORB: < 4852 - 4833 > Broke out for the upside to meet resistance @ 4865-4875 & then 4880-4895.

Mano..No Pain All Gain said...

hi umesh

u can hold ur shorts with a sl NS 5876

Option Millionaire said...

Illango ji
all are nifty spot or nifty future. I got the above figures from http://www.nseindia.com/ChartApp/install/charts/mainpageall.jsp.
I think i have to take niftyfuture chart.

Kindly guide me sir.
Thank you

Ilango said...

hi..Umesh,

The pivot point as per the chart is 4845. One should sell near the resistance.
If not , should have a SL of just 10 points.

If you had followed ORB method, you would have made 25 points already.

Though Nifty is in corrective down, you can not sell at any levels. Sometimes do nothing if your levels do not come.

Ilango said...

hi..Option,

I generally give the Nifty spot levels. If not will specify whether NF.

I generally skip the first one or two tick to get the correct opening as NSE has a tendency to take last day's close as the first tick.

manu said...

sir and family
gm..

thnx sir for d mails..still need opnion about BT..rajagopal is doing paper trading..
ur suggestions required..

Option Millionaire said...

Illango ji

Thank you very much

Regards
Aravinth

Ilango said...

If one waits patiently, he/she gets the trading levels to trade comfortably.

4805 to 4912 is the broader range within which 4835 to 4875/4885 may play out..

Viren said...

Markets returning to "balance" after the sell-off yesterday afternoon.Trend belongs to the sellers in the day trade TF unless 4905 gets taken out.

Ashok said...

@ Anandan
plz add me i your mailing list
my id is kavita_dalhania@yahoo.co.in
thnx in advance

Gautam Bajaj said...

Ilango I see DAX showing an opening price of 5688 compared to 5735.. When Europe opens I expect our mkts to fall.

Umesh said...

Thanks Ilango and Mano

piyush sharda said...

what is beta trading????????????????

AimNifty said...

@Gautam

where do you get that number? can you post the link pls...

regards.

Govind said...

Ilango Sir,

What does this 4890 mean?

Trade -- <4790/4805 - 4865/4875> 4890

Is that Stop Loss for Sell at 4865/4875 trade ?

Ilango said...

New post with tech table updated..

Yes..Gautam,

It is a possibility but we should follow our markets to see how it is taking that opening cue...depending on the trading level we are in at that time.. Thanks for that info..

Gautam Bajaj said...

@AimNifty - figures available on finance.yahoo.com - ^gdaxi

Index closed at 5722 - current value 5688 (gap down opening)

Ilango said...

hi..Govind,

It means if Nifty goes past 4875, it could reach 4890.
As there is a "contracting trading range" is taking place, one should initiate both long & short at appropraiate levels away from the pivot and pick up 30-50 points in each trade. If you miss initiating, stay on the sideline to get the next opportunity..

rahul said...

sell nifty @ 4875 sloss 4894 tg:4856,4836

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