Tuesday, June 22, 2010

Nifty Premarket View

5270-5290 are the strong support area for the day. Above that, 5300-5320-the gap area.

49 comments:

Paresh said...

Everybody's expecting a correction for past few days now. I just hope it does come today. Range for today: 5300-5425

lazydude said...

today's range 5000-5500. what a hogwash.

lazydude said...

IMHO , i think instead of one big correction , we will have two mini corections.

lazydude said...

5280 wont be breached in this series.

assortZ said...

gm all

r m said...

Good Morning all!

Nifty + Equity said...

lol lazy dude wishful thinking

Nifty + Equity said...

let me kick in a level too since there.are wild guesses

how about expiry at 5145 ;)

Local said...

Alright, I want a go too at predicting - 5275 today. Breakdown tomorrow. lol

akki said...

GM sir and the whole family of TA .

Unknown said...

Nifty+equity

u mean expiry will blow 5200????

akki said...

GB Sir Great to see you with a target of 5145 expiry .

Regards

Rajagopal said...

Good Morning Sir and Friends.

I want to give you the EXACT range. It will not breach 3000 on lower side and 7000 on the higher side. So range for the day 3000 - 7000.

Manni said...

Good morning sir & friends :)

Local said...

lol, Rajagopal.:)

Rajagopal said...

Hi GB. Like the dates you tag to your levels, you must also give us dates of your appearance. So nice to see you.

VK said...

good morning to all

Unknown said...

Good Morning to Illango sir RG sir and others

Babu said...

@RG
hehehehe, Any significant in this numbers?:) Other ppl numbers are some support…etc.
By the way thanks for laughing me in the morning

sundar said...

Thanks RG, terrific, that looks like a correct prediction.

Unknown said...

Good morning sir and frnds..

In ORB...what do we take...'Open & High' OR 'High & low'...plz clarify, I forgot !

regards

r m said...

@RG
You are terrific! I am trying to sell 7000CE and 3000PE, any buyer. :)

HariArani said...

Hi Ilango Sir and friends, GM.....

Hi Rajagopal Sir :-) :-) :-)

golfdude said...

5L calls unwound at 5400. Started working on 5400 slowly. FIIs at work...

-- gd

sundar said...

VIX range for today is 5297 to 5409 for Nifty. Expiry range as per VIX is 5256 to 5449.

Sunil Sehgal said...

ka,

High and low we take for ORB.

sunil

Manni said...

Intelligence Bureau: Ketan Parekh is back

http://indiatoday.intoday.in/site/Story/102439/India/ib-alerts-pm-banned-broker-ketan-parekh-is-back.html

Rajagopal said...

rm - u do have a great business sense and I am called the Hyena.
===

Yes Bank is re-acting to the 10% stake sale by Repo Bank(news). Normally, these stake sale news hammers the stock on day 1 which re-bounds on day2 - just keep an eye. This can cross 290 once banks pick up momentum. (beware Rate revision announcement).

INDITRADER said...

Gm Illango Sir & all.
Hey Sundar me too have with same figures.
But as per option data I think expiry should near to
5300 levels.
More will be provided by the Teacher over it.

Anonymous said...

Gudmorng everbody!

V shud b sincere to write here something, not for the sake of writing to write here. Upside 7000 & downside 3000 will not breach,looks like mockery. In my personal view, correction should take a pause near 5300-5315 & nifty shud close in red today. By tomorrow it shud rally again to surpass 5400 etc.

Rgrds,

KUMAR

A J said...

Rajagopal - "Wizard of OoT"

Unknown said...

hi golf ..from where u get this information about decrease in OI of 5400 call..when i saw the data on nse india.it says change in OI=+9000 thanx

Sujatha said...

Vistors are becoming very bold to give levels just like that in front of "Sir". (!!!???)

By the way, thanks Raja sir making me laugh in the morning. Excellent presence of mind with sense of humour :)

Unknown said...

Thank you 'moneyinrupees' for the clarification.

rochak parekh said...

bravo RAJGOPAL
who says nobody cant give 100% correct prediction,
u gave today one

u.k.Raj said...

Good Morning ALL.

"If you understand, things are just as they are; if you do not understand, things are just as they are". - Zen Proverb

Rajagopal said...

Hi Kumar - it is "mockery" - u r the only one who read it seriously. It is for a morning laugh only. Losing sense of humour is first step in losing self confidence - for me.
By tomorrow market would have mocked at you ?(wish it doesn't).

Looks like the Yuan Song is over. Play it again please...

Nifty + Equity said...

we are in the process of.makin a h&s. the shoukder
forms tomorrow and we go down with expiry

just dreaming

Ilango said...

"5337" is the Hourly low ema. Closing above this @ 10.00AM will keep it UP.

"ORB" has given a Buy with a SL 5326.(A narroe range of 20 points can give whipsaws too)

Anonymous said...

Dear @ RG,

V r not married to Nifty, it it will give signal of going down 2moro or today then v wl do thge same. I alwaya want to be a follower of market, dont believe in fighting with market or too much predicting. Technical analysis is game of probabality, one shud look risk reward ratio. For me as of now on any fall of 50-100 points risk reward ratio will be in favour of Buyers. Lets see what market says & what our teacher tells us?????

Rgrds,

KUMAR

tsrini74 said...

hi ilango
pls open price

Rajagopal said...

"V r not married to Nifty" - either you can or me. Not WE - unless you are Arjuna, me Bheema and Nifty is ....
(this is how I perceive words).

(Dr.s get serious patients and become serious?).

sryasdmurali said...

GM Elango Sir and All friends

Have a nice profitable trading today..

tsrini74 said...

hi ilango
pls open price

manu said...

Sir & family
GM..

@RG

u frgt me also Pandav..
ham sab share holder hai(equal)

Kauravs(RV) is sleeping:)

Babu said...

Sir,
You forgot to mention NEW POST

Piyush Sharda said...

gm sir and friends,

@kumar it was just a joke. noboby is saying u will go right or wrong market will tell
that. dont u think u need to take it easy??

Rajagopal said...

manu - "rights issue" allotted.

GM. Uni looks solid - but u know these hi-b's better.

Ilango said...

NEW POST DONE.

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