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Wednesday, June 15, 2011
Nifty PreMarket View
Correction for the upmove from 5437 to 5520 is on and upto 5475-5470 is normal. Beyond the 61.8% retracement at this juncture, especially with +ve US mkts would suggest bearish undercurrents. Besides market is continuing to trade within this range of 5435 to 5605. Lower break down point (Weekly trendline) comes at 5380(approx). Major fall below 5380 (5400PE having highest OI); and the short term rally continuing possibility only above 5520.
Elliot's Impulse waves.(Part-5)
IMPULSE WAVES :- The Basics Waves that move the market in the direction of its main trend either up or down are called Impulse waves. 1....
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ... -
Will not be available to intra update . Suggest one of our readers to update on DHEma-HHEma-HCEma & HLEma for possible support points fo...
38 comments:
Good Morning Ilango Sir and Friends
Nifty Chart for Bulls and Bears: CLICK HERE
good morning sir,seniors & friends.good day to you all.
Good Morning Ilango Sir and JN Family.
Good Morning Sir & Seniors
GM All...
GM all
GM Ilango sir and friends,
I have posted an article on my blog - "Nifty : Astrology , Lunar Cycle, Time Cycle, Eclipse, Elliott Wave and Crash Ahead ???"
Please check it out.Thanks
RV
Dear Sir,
The agressive trade levels are spot or future?
Thank you
REgards,
John
Good Morning Ilango Sir and all dear seniors
सभी को प्रणाम
निफ्टी रेज बोंड हो तो यह शेयर याद आता है
कभी कभी तेरा मैखाना याद आया बोहत
की एक बूँद न पी और लडखडाये बोहत
Good morning Ilango Sir and all.
@minifty everything in chart and TT table all figures are of spot.
Thank you Ant.
Regards,
John
Good Morning Sir and Warriors ---
The Trend Remains Down but change to Rain coats only above 5542 -- and that too till the Rain Stops ..
RV Good compilation of information from various angles..
Good Morning ilango sir and friends,
Today is Kabir Jayanti………
Let us have some lesson of patience……..which will facilitate our trading too.
Dheere Dheere Re Mana, Dheere Sub Kutch Hoye
Mali Seenche So Ghara, Ritu Aaye Phal Hoye
Slowly slowly O mind, everything in own pace happens
Gardner may water a hundred buckets, fruit arrives only in its season
Kumar Sir
GM
Copper Gap filled
BN also filled its yesterdays gap :D
Good Morning to all
Good morning to all.
Good Morning Everybody!
Covered 50% my shorts here @5480 & Bank Nifty future @10730, will resell in rally....Enjoy
Dear DR.............Congrats
GM Ilango Sir and friends.
GM to all
@ilango sir in positional trade you have given as bought 5440 on 13.6.11. i cant understand that, can you please explain that. i am clear with action column.
5469 is the 61.8% fib of it's current rise from 5437
to 5520. Hope we held that level for further upmove.
@ kumar sir
your trading is fantastic i regularly read your comment.
hi kumar sir. yeaterday u were saying something about
KCT indicator, sir what is that?
Bank Nifty lover may sell its future in every rally upto 10850, stop loss is 10960 on hourly closing basis & target is 10400-10300 in 1 week.
Dear rajiv123!
Its not KCT, its KST...KNOW SURE THING. Indian trader is very well known to this & he suggested all of us so he is best fitted man to reply it.
गुरु जानो और मित्रो को प्रणाम !
Rajiv, pls google.
http://en.wikipedia.org/wiki/Know_Sure_Thing_(KST)_Oscillator
Conservative trade: Change to Sell below 5475 only if it clears 5500.
instead of Pre-market's:
Sell @ 5505-15 or below 5475; SAR 5525
Excellent research RV, Fundamental triggers
June 30 - QE3 (International)
India Intrest Rates hike
I also want to know about KST .... although I have installed it in AMI but don't know how to use it.
Dear RV!
Congrats for fantastic work, its really very interesting. Keep it up:)
Rgrds,
Kumar
@sam
how to install KST in amibroker
@Ilango Sir,
Any levles for BN ???
New Post Done
Ilangoji, is it "fails to clear 5500" or "if it clears 5500"
Considering
Latest H-L: 5520-5477- Sell at 5493, Support: 5465, 5450
otherwise
previous H-L: 5605-5437- Sell at 5501, Support: 5391, 5333
I am not a expert, but this is my view.
Regards
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