Friday, June 17, 2011

Nifty PreMarket View

Breaking & sustaining below 5365 would lead to steeper falls.
Sustaining above 5365, intra bounces are meant to be sold into till 5455-5470.
5470-5500 is neutral zone and mildly bullish above 5500.

54 comments:

joe said...

Sir i have noticed +ve divergence in hourly chart with Rsi in Nifty future chart can you give your view

San said...
This comment has been removed by the author.
chetan said...

good morning sir,seniors & friends.have a nice day.

@ san sir,

(for daily analysis)"page not found" remark comes.

Prabhat said...

Master's pre-mkt view today - so simple & clear. Many thanks.

Debdeep said...

GM Ilango Sir and all.

San said...

Thanks Chetan

joe said...

friends i have noticed +ve divergence in hourly chart
with Rsi in Nifty future chart can anyone give opinion on
this..

parimal said...

good morning Ilango Sir and all friends

Prabakar said...

Good Morning Ilango Sir and JN Family

Jagan said...

GM to all

Debdeep said...

Jeo, +ve div exists but in 15 min chart

Kumar Technicals said...

Good Morning Everybody!

My system giving extreme short term buy so Buy Nifty between 5400-5375 stop loss 5350 & target 5450-60. Then sell between 5450-70 stop loss 5480 & target will lower than 5400 again. Have a profitable day, No holding below 5350 hourly closing anyhow:)

Prabhat said...

Thank you Kumar Sir. I am waiting to initiate trades as per your levels. my system too saying if nifty is able to sustain greens for 1st 15 mins, then go long for 5440-5450 (intraday tgt). Below 5390-80 levels if it sustains for 15 mins, then go short for 5350 levels

Kumar Technicals said...

Thank you Prabhat sir for ur views, i will keep in mind.

DKG said...

Kumar Sir,

View on bank nifty please.

gauresh59 said...

Good Morning ilango sir and friends,

Today's quote received :

Prayers & Seeds are similar in nature…Both have nothing within , but have the potential of creating EVERYTHING...!!!
When God takes something from your grasp, he’s not punishing you, but merely opening your hands to receive something better...!!!
The will of God will never take you where the Grace of God will not protect you.

Kumar Technicals said...

Dear Cooldent & all!

Who sold Nifty future @5490 with hedging of 5500 call, must book profit in Nifty future here & should hold 5500 call now. Book Partial profit in bank Nifty future too, sold @ 10800-10850 day before yesterday. One may buy Bank Nifty future between 10600-10550 with stop loss 10500 & target is 10700.

Debdeep said...

Thanks Kumar Sir.

Jagan said...

@gauresh59
wonderfull quote

Prabhat said...

@Kumar Sir: What about bank nifty levels? Kindly guide us.

Indian Trader said...

Good morning sir & friends....

Only Nifty said...

ORB : 5422-5397

Kumar Technicals said...

Dear ILango sir!

I gave a msg to cover Bank nifty future & buy to all, 1st it showed at my system then it was not showing now...what may be the reason sir?

SAM said...

Thank you Kumar Sir ....

Ilango said...

Hi..Kumar,

It had gone to "Spam" automatically. Don't know why?

I have put it as "Not Spam" now.

Kumar Technicals said...

Thank You sir.....I was worried:)

Anonymous said...

Good Morning All......

cooldent said...

Kumar sir, Done.

Parminder said...

Good morning ilango master and copy to all

Kumar Technicals said...

When others dare i fear, when other fear then i dare, its gradual buying time in Nifty & Bank Nifty both:)

Shradha Saburi said...

Gm Ilango Sir and all my blogmates

Shradha Saburi said...

GM Kumar Sir,
Also I agree with you because + ve divergences in 60
min and 90 min.charts.

Prabhat said...

@Kumar Sir: I keep constantly watching the difference between the nifty spot & future price to initiate the trade. I am not sure if this is the right method.
Reduction/stagnation in premium indicates bearishness while the same in discount indicates that bullishness.

This is only for intraday trades I do this. Kindly let me know if this is a good method.

Kumar Technicals said...

Dear Prabhat!

Any difference expert may comment upon this subject, I m not expert in this. My system giving buy upto 5375 so following it and i know my stop loss 1st, that will save my capital:)

Dinesh Rishi said...

GM to Master and copy to All

Rain rain go away ,
come again another day

BNS said...

Dear Sir,

Since past month have been using 5,3,3 on hourly ONLY
when Lead Indicator is OB/OS.

Giving good results in OB/OS zones.

Unknown said...

Enough is enough
@ilango sir
Ban this so called analyst.

Ram Charan said...

kumar sir- since u dont step from your computer for sometime. breakfast from pune for u and all our friends.

https://picasaweb.google.com/113312275054870812803/Breakfast?authkey=Gv1sRgCP6ii-3Hz7TtVA&feat=directlink

Anil said...

5375 is a crucial support appearing as off now.

Unknown said...

GM DRSIR kumar sir ilango sir And all my jnfamily friends

cooldent said...

@jigs. Uh!! Who?

Unknown said...

hi everyone,
markets look a buy on every dip upto 5340. for tgt of 5720

@llango,
why have u mentioned a sell on rallies as the probable thing
to do?? shudnt one enter into conservative longs near 5365 since the risk
reward ratio will be favourable. considering the oversold nature
of the market and individual stocks shudnt a rally pan out?
so the pink count may still be valid??

Dinesh Rishi said...

jigs "Shant Gadadhari Bhim Shant"

Unknown said...

@cooldent i dont want to write her name too. i hope sir understood.

Unknown said...

Dinesh Rishi said...
jigs "Shant Gadadhari Bhim
Shant"
June 17, 2011 10:03 AM

LOL :D

Kumar Technicals said...

Dear Ram charan!

Thanx for mouth watering breakfast, send some appetizer & supper too:)

Dear Cooldent & jigs!

I love my India, I love my India...India:)

Unknown said...

5417.8 is the level to watch today

venkatapathy l said...

@DR

It is amazing the way you express yourself.

Regards. You have one more admirer.

Regards.

LV

Ram Charan said...

sir, bring nifty till 5360 and everything is at ur table :)

cooldent said...
This comment has been removed by the author.
Ilango said...

New Post Done.

Ram Charan said...

kumar sir- thx for early warning..will keep any eye. only thing is 30 min charts, it doesnt seem to bottom out as yet. i am looking at early warning signs there..

Unknown said...

real estate showing some strength.
dlf, unitech and hdil holding up
unitech support at 34, 33.8
dlf support at 221 and 218
hdil support at 172 and 169

Kumar Technicals said...
This comment has been removed by the author.

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