Friday, July 2, 2010

Nifty PreMarket View.

A move past 5315 will confirm the 5th wave in progress.
5265 may be at the open & 5285-5295 later on may act as resistances.
Break of ORB low may alert you to a drop below 5230.
Consensus seem to be to hold 5200 as of now. Euro gives a thums UP.
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Hi..Golf dude, Excellent piece on Anger. Any action taken while in anger results in destruction only. Knowing oneself, increasing your consciousness, Power of Now are the ways to conquer it.
"Unnai arindhal Nee Unnai arindhal ulagathil poraadalaam"
(Knowing yourself, you can face all hurdles in this world)

Knowing yourself, you never need any company..you are never alone.
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31 comments:

r m said...

Good Morning all.

assortZ said...

Good morning all!

r m said...
This comment has been removed by the author.
wormwood34 said...

(Knowing yourself, you can face all hurdles in this world)....gm ilango and friends

San said...

Good morning Ilango sir and friends

I am posting the ABAN OFFSHORE daily chart here with 50 DMA.

http://niftychartsandpatterns.blogspot.com/2010/07/aban-offshore-at-fifty-day-moving.html

Thank you

Anuj said...

Good morning rm...back from Jaipur?
The smile seems to be brighter today!!..how are you
@all
GM
Monday US markets will be closed(celebrating 4 th of July on 5th!)
We never get to postpone our weekend holidays to Monday
As we are not a holiday starved nation(there is one for everyone...Cheers!)

golfdude said...

4L calls at 5300 unwound at open. Look for 5280 or above.

San said...

Hai everyone

Nifty week had a grave stone Doji. .

http://niftychartsandpatterns.blogspot.com/2010/07/nifty-week-chart-with-grave-stone-doji.html

Thank you

Prabakar said...

Good Morning Ilango Sir and All

narasing said...

@ Ilango sir, I am short nifty at 5305, pls advise should i come out now ?
-Narasinga

Yoda said...

rm's smile always makes my day, don't change the pic.:)

sryasdmurali said...

GM Elango Sir and All

Have a nice profitable trading today..

sryasdmurali said...

Alert !! DOW sliding down from 9750 !!

Looking weak and weak.

alpesh said...

Gm ilango sir
whats orb now ?
regards,
alpesh

San said...

Hai everyone

Nifty's Support and resistance lines in daily chart

http://niftychartsandpatterns.blogspot.com/2010/07/niftys-support-and-resistance-line-s-in.html

Thank you

manu said...

Sir & Family
Gm..

@san..
u r too fast..very good charts..

@Yoda..
i used 2 wonder y Rm is hvng a big smile
after having triplets(on facebook)

but later he clarified abt d pic..

kyo Rm paji..kinda..vadiya?

u.k.Raj said...

Good Morning ALL
RM Yday absent.

San said...

Thanks Manu

musti1780 said...

Gm Illango sir,
Holding & adding my position in this dull market for
5400++.
I hope can achive it in nxt week

Yoda said...

lol, manu, rm has triplets?? That should make anyone smile.:)

r m said...

@manu
Change hain Paaji!
:)

Janak said...

"Recent US mkt decline typical of a recovery"

Federal Reserve Chairman, Alan Greenspan in an exclusive interview to CNBC.
http://www.moneycontrol.com/news/economy/recent-us-mkt-decline-typicala-recovery-alan-greenspan_467582.html

Rajagopal said...

Good Morning Sir and Friends.

Bhavan said...

as nifty is finding it difficult to scale 5292 is it sell

golfdude said...

5300 - 55/49 at open, 53/56 now. If this continues, we could see a sudden jump to 5300.

Crorepathi said...

Massive 5300 Put writting, should jump above 5300.

Ravi said...

@ Bhava,
Before crossing resistance it will kiss few times, no sell
till it breaks todays Pivot Point and trades below it, dont get trapp in short.

ka said...

Hi @gd..." 5300 - 55/49 at open, 53/56 now "

Can you plz help me understand what does the above mean ?

regards

Ilango said...

NEW POST DONE.

alpesh said...

hi
sir today orb is 5277-5266 ?
regards,
alpesh

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