Monday, May 2, 2011

Nifty PreMarket View

50,100&200smas are bearishly aligned(5625;5705;5747) but trading above them.
Month, week & Daily Pivots are bearishly aligned - 5796;5787;5753.
If it is a correction, it should end in a day or two above 5625-5650 zone or from 5700 itself. If not, it will turn into a deeper fall, supported by the reversal in week TA.
Every time JNSAR completes a 1000(28 Trading days), a new counting will be started to keep the table compact.
Misnomer, Harpreet has contributed well with their Gartley studies.
Sanjay & Prabakar have been doing so with their OI analysis.
Kumar has done well with his Option strategies.
Now, I await the "Astro analysis" from...


22 comments:

San said...

Good Morning Ilango Sir and Friends

SBI Support and Resistance lines: CLICK HERE

SAM said...

GM Friends .... and ilango Sir.

K7 said...

BREAKING NEWS:

Al-Qaeda leader Osama bin Laden has been killed and the US has his body - US media reports - President Obama to speak shortly

US DOW future UP 110

Will this makes any impact here

Vipin7 said...

Good morning all

POWERTRADE said...

Good Morning Sir and Wariors

Prabakar said...

Good Morning Ilango Sir and JN Family.

chetan said...

good morning to sir & all friends here.

good day to you all.

SK. said...

SIR,
STILL THERE IS PROBLEM WITH ME .
IN LAST 4 TRADES EVERY TIME I HAVE STOPEED OUT WITH 20 POINTS
AS JNSAR WAS HITTING EVERY DAY AND STOPLOSS REVERSE STOPLSS REVERSE .
AND IN YOUR TRADE CASE ITS NOT showing WHY SIR ?
as soon as jnsar trigger i become desperate becasue we have missed big rallies.
and when every i am desperate it is stopped out.
how can i come up with this problem.

gauresh59 said...

Good Morning ilango sir and friends,

Today's Quote received :

There is no wine if grapes are not pressed.....
No perfume if flowers are not crushed.
If you feel any pressure in life....it means God is bringing the best out of you.

Life is a Rope that Swings us through Hope.

Always believe Today is much Better than Yesterday And Tomorrow will be Better than Today...!!!!

SAM said...

@Sk I think these are EOD based trades ... possibly paper trades.. so in actual markets may differ compared with actual result.

POWERTRADE said...

Wow ---- Great Fall From the Resistance

Dinesh Rishi said...

BN Fut High 11588-250 = 338

Low made 11322 :D

Good Morning

SAM said...

Sell Levels in agressive part seems to be working.

Dinesh Rishi said...

yesterday OI was 1178600

now 1209775

SAM said...

@DR sir have u covered short pos in BN @11500 ( u have told on friday)

Dinesh Rishi said...

SAM that was trade against trend for peanuts :D

SAM said...

So u got it?

Prabhat said...

hi sir,
sorry to have missed out... but can someone please point me to the option strategy posts ..?

Indian Trader said...

Good Morning Sir and Friends...

SAM said...

Is it time to short BN?

Ilango said...

New Post Done.

Anil said...

Dont play bank nifty ,till credit policy...
it will whipsaw...

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