Thursday, March 18, 2010

Nifty Premarket View



28 comments:

Paresh said...

I guess intraday trades are not advisable today as markets may make both up and down movements and settle flat!

manu said...

Sir & family
GM
did ur sl hit yestrdy n unitch boss:(
query ws tht in stocks u trade in cash market or f&o?
ur target fr unitech intra scares me ..

arpitg345(gauresh) said...

Good Morning ilango sir and other blogmates
-arpit

SMALLTRADER said...

gm to all

Piyush Sharda said...

sir,

was the conservative trade closed yesterday

manojag said...

Piyush,
the levels mentioned for initiating the trade did not come.

Rajagopal said...

Arun - closed c/f long (12pts) and Short initiated. (since below pivot and VAL).Tgt S1 and SL R1.

Ha ha ha

Very Good Morning to all.

Heard - Avoid Sugar and Tea for next few sessions.

Piyush Sharda said...

thanks for replay manojag sir, i thought it was to reverse at 5160 ( i missed it) then levels didnt come so i initiated conservative long after positive divergence and bounce yesterday above the levels.

based on ur clarificateion exited conservative long

SMALLTRADER said...

Dear Sir,

can we initiate the short in sesagoa
plase advice me

vicky.. said...

GM seniors and friends and the great mentor,ilango sir.
rajgopal sir,avoid sugar and tea for next few sessions means??longs or shorts?
kind regards....
vicky....

SMALLTRADER said...

Dear Rajagopal Sir,

CAN U GIVE ME YOUR VIEWS ON HINDALCO UPTO MY KNOWLEDGE ITS IS A RECENT HIGH

Ilango said...

@Manu,

The levels mentioned are "Cash market" but trading is in F&O.

Unitech has maintained the 20sma @ 73.00 so far.

Trading above 5239(POC) gives it strength upto VAH 5256...this could be the minor "v"th wave..

@ Manoj..agree.

Prashant said...

Bought at 5242 Target 5280 SL 5232

Viren said...

Gm all

Prashant said...

I don't think that we should expect sudden weakness. Though the resistance of 5280 is quite tough, once we cross that it will be a quick upside. Moreover, majority of the nifty heavyweights like reliance, Bharti, Rcom, icici, Axis etc. have been consolidating for a long time, once they start moving, it will be a big upmove. Exiting positional longs may not be the right strategy.

Prashant said...

i expect 5300 today.

youtubeuser said...

rajagopal sir,
Vanga vanga vanthuteenga la innume kalakkal thann

- Arun

Prakaash Duraisamy said...

heavy buying in 5200 put

Ilango said...

Nifty firm @ 5239NF (POC)

Piyush Sharda said...

prashant sir,

if this advise was for me than thanks. u may be right market may touch 5300. but next support is 5150. probably thats why sir must not have suggested long. the set up is not in favor.

if i dont trade based on rules. i start trading on hope and then i blow up. so i feel i shud enter a dip else let the opportunity pass by

Rajagopal said...

Small Trader (You must be a big trader so pls don't take me seriously).

Hindalco is doing well being in the Metal strom. It reached OB yesterday but in healthy bull zone in weekly values with good +ve divergence. Further upside is possible thought you are right that it is crossing recent peaks.
Sure short candidate once the market wind changes.
===========
Sugar - Broker's SMS to avoid taking long positions. (which means the stock will go us?)

Ilango said...

A close above 5244NS would put Nifty above Hour High ema @ 10.00AM.

Unknown said...

Hi Ilango - Did u see the email on Gann Dates?

Very interesting stuff...

For the benefit of others.. post is up @

When2buy.blogspot.com

Unknown said...

Seems like upmove's gona last till the first week of April..and bottom 1st week of May

Niftybaaz said...

GM all respected blogmates and Illango ji

sir pl. advise any trade to initiate please.....very confused today,,,,

Thanx in advance

regards
vikram

Ilango said...

= = = = = = = = =

NEW POST DONE

= = = = == = = = =

SMALLTRADER said...

rajagopal sir,

Thanks for your explaination.

sriganeshh said...

@ilango sir and all
very good morning...

@rajagopal
how are you man? hope u ve seen my comments yesterday night.

@gautam,
if gann reading is so easy, then everybody will be great traders...there is one important astro happening around March 21, sun is entering in to aries as per western system which gann considered as start of fresh season...i leave here for your guessing...


sri

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