Tuesday, January 25, 2011

Nifty PreMarket View

Hi..Kumar, Thank you for your timely help. Your presence here has always been enriching. Come on board..
Hi..Rochak, Our thoughts are always for your speedy recovery. You are in our thoughts everyday. We miss your presence here.
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Do not attach too much expectations on JNSAR... Just follow its trigger levels.Long in it need not fetch always 200-400 points. Just respect its levels and make your trades as in a mechanical system.

45 comments:

Sunil Sehgal said...

Dear Ilango,

The JNSAR for 24th Jan is there on the chart, pls change it for 25th Jan.

regards,

Sunil

Chandra said...

@Ilango,

GM sir. Conservative/Aggressive table is 24th dtd
Chandrabose

San said...

Hi Rochak

Take good rest and medicines properly. I am Wishing that each day brings your renewed strength, brighter times, and a healthier, happier you. Get well soon.

San said...

Good Morning Ilango Sir and Friends

TATA MOTORS Chart: CLICK HERE

KM said...

GM to Ilango Sir & all the blogmates.

Unknown said...

Good Morning Illango sir and friends.

Piyush Sharda said...
This comment has been removed by the author.
Sujeet said...

GM Sir & Friends!
Rochak wish you for your speedy recovery! keep faith and increase your will power. you will sure come out from this Pain & suffering.

INDITRADER said...

Go For a Gap trade

deemis said...

dear ilango
the technical table is of Monday
plz. update today's table
regards
deepak

Piyush Sharda said...

wish for speedy recovery rockak. few of my family
members suffer from it.i can feel ur suffering
what they say is that there
is no cure for it only u have to live with it.
if u exercise regularly u can live easily
with the disease else it will become very
painful.sorry for suggesting u exercise when u cant
walk due to pain.
however u maybe knowing this all and more.

Local said...

gm all,

Rochak, rest.

A lot of these back/neck muscular problems are related to stress and pushing yourself to the limit of endurance.

Life, including trading, was never meant to be a burden. Don't look at the market until you're mentally relaxed and your body responds positively to it. The market will always be there. All the best.:)

Ilango said...

"Trade Table" replaced.

Piyush Sharda said...

sir,

why are u considering day trend down below 5834.
5745 was also a lower peak and nifty has crossed it.

alternatively we can also say that after 5745 it fell to
5635 higher low and the crossed making a higher high

Unknown said...

Rochak Sir,
I am one who suffered from the same ten years back where i couldnt lift a spoon too.
But after giving ayurvedic treatment to my spinal cord..I am doing well now...nothing to worry as it happens to everyone...please take rest and u will be fine replying to us as soon as possible.
Mysore Ayurvedic hospital gives good treatment....and as our lodge is very nearby we will be able to help you.
All the best.
prabha

Local said...

5820 is a clustered resistance level so it should probably turn there, piyush.

Unknown said...

Dear Illango Sir, Gm.

Ilango said...

@ PS,

"5834", a pivot high was made just prior to the fall to 5625.

"5748", a minor pivot high was made after the low of 5625.

Hence, the high before the last low becomes important though by virtue of "time correction", "5748" became a "5-day High" and it has got scaled now. Such a price action is to be considered as "Correction" only.

Piyush Sharda said...

yoda what market will do no one knows.
what it is doing we can see. it is making higher highs
and higher lows. like mynac once said- if auntie grows a
mouchtache we shud call her uncle till then she is
auntie :-)

prashant shah said...

rochak parekh ... wish to u speedy Recovery May God Bless u always:)

Sujatha said...

Good morning sir and all

Sir - what's ur critic's view? 13 sma not holding means -ve?? still trading below 30 sma weekly.
Rochak - get well soon.
Yoda - u r talking abt 5820 my itching s whether this 5750 will hold??(as of now policy :D ) holding means i will bet on longs.. or else shorting

Local said...

lol, piyush, good one. If uncle shaves his moustache he's auntie till he grows one again then?:)

Piyush Sharda said...

high before the last low is imp.
got it sir thanks

Local said...

SR, I thought 5730 won't hold but look at this market fly!:D

Piyush Sharda said...

yoda, then he is uncle :-). the point is that rewards
will be great is someone can perdict consistently and
trade it.
but i have never found that "someone"

Prabakar said...

Good Morning Sir and all.

A doubt. 20 point gap-up today. It has been mentioned before the gap-up will be mostly covered by coming down before any upmove again. If this is true, could we expect NS to come down to 5750 levels before moving up. Kindly give your views for learning.

Anonymous said...

Dear Mr.ILango!

Thank u from bottom of my heart for ur kind words & specially for the gesture which u showed for the good health of a genuine supporter of this blog. Rochak is really a nice man & God will certainly bless him good health. After taking a pause from here i became more busy in my trading & with my patients so now i am not a frequent visitor here but definately i try to visit here whenever i get an opportunity. Bcoz i alwaz love to say Hello to selfless people like Mynac, Sujatha, RajGopal, Piyush and so many here. So i promise whenever i will get any opportunity, i will sure come here to share all my knowledge. By the way i was long since 5650 & exited just now at 5775 bcoz i dont trade near the event. Market may tank even after .25% rate hike bcoz structure is not healthy. Currently a pullback is on which may not go above 5950. But God bless all of them who were really sharing pain of dear Rochak by giving him moral support & good wishes.

Dear Manojag!

U gave my number to dear Rochak for a good cause, so nice of u but u may give him by other sources also like asking his mail id & then send to him. So kindly do not repeat in future this for anyone else...pls dont take it otherwise.

Kumar

Prachi said...

GM Sir and all Blogmates

Rajagopal said...

Good Morning Sir and Friends.

Piyush Sharda said...

@yoda it was actually in hindi and was really good.
i am not able to translate

Ilango said...

@ Sujatha,

Critic's view: Having spent good no. of days closer to the lows, some short covering & roll over keeps the index steady.It is the writers who have been active and likely to end below 5800.

shreyunik said...

Nifty futures continue to be at a discount despite the rise indicating lack of strength in the upmove as of now.

Bramesh said...

Good Morning all

Dear rochak parekh Sir wish to u speedy Recovery May God Bless u always:)

Sujatha said...

thank you sir. pls.update the 35 hr lead indicator too in next post. thanks n advance. they r talking about "athaiku meesai mulacha chithappa" :) :)

piyush,yoda - lolz :) mm. it's trying to fly really i feel 5750 is very big hurdle + sensex too at this level. all in Subbaro's hand now??

Piyush Sharda said...

@suj
5775 u mean as low of day is 5756

INDITRADER said...

For Comodity Lovers.
All base metals Bleed.
Gold & Silver open much Lower.

Should our market also follow them?

Rajagopal said...

musti "value buying" has started. Fed meet today + crude inventory hold the key. Rate hike by Fed may shift focus to Bonds from Comm momentarily. Technically the correction is still within 33% from take off point.

What is your view pls?

Ilango said...

NEW POST DONE.

Rajagopal said...

musti - China may also hike rates this week - will affect crude further?

Unknown said...

be careful fellas. Dicey here. i have coverd all my
longs made at 5698, at 5770 spot. no position now

@Tigar= Had a great run boss

Sujatha said...

@ piyush - u will faint if you know why i select that that no. that's a yearly fibo no. + as per my calculations (regarding breakout levels) that area is the good breakout level + 5 sma for 3 months coming around there. but as of 'NOW" 5763 is the good volume area, so if it breakes only the downside :P with crossed fingers.
musti - advance sugar ghee 2 u , push the gold from upside.. waiting for a buy not n commodity physical gold :)

Unknown said...

What about the intraday gap filling???? Why is every1
talking of only an upside now??? Have we all forgottn
that the gap filling has to take place??? Just a point
of view. Any suggestions????

manojag said...

@Kumar,
Sorry,my mistake.

KM said...

@Deepak, Nice to hear U.Let the dust settle first..

Unknown said...

@Tigar= is there a PUN in wht u said??? I mean downside
????

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