Wednesday, January 4, 2012
Nifty PreMarket View
Holding above "4725"(Last few hours' lows), R1 @ 4800( prev. high too) is possible. There is a channel res. @ 4857 in day chart which coincides with the 269 pt rise + 4588 lows=4857 (around here the "d" leg of the falling wedge of daily could end, one of the many patterns emerging).
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 ... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor... -
If the steady FIIs inflow reflects in the prices, 5405 should be protected going ahead and market may encounter minor corrections and keep m...
40 comments:
Namaste Sir Ilango and all friends
May the Lord bless us with peace and harmony!
best of regards
Good Morning Sir and all !
CNX IT Weekly Chart: CLICK HERE
Good Morning Master & Friends
Good Morning Sir & Friends,
Smita,
Have u holding BNF?
Hope may b benefitted.
@Hitendra ,
I am yet to touch BNF , Nifty on my plate is enough for now.
Namaste Ilango Guruji, GOOD MORNING to you & to all fellow blogmates..
Good morning Sir and all blogmates.
New day another chance to be with you experts.
I am enjoying this market more than my business now.
It is just because this blog is converting my fear to
love for markets. Knowledge decreases fear.
Thanks
Namaste Ilango Sir and fellow bloggers
LV
rohit msg:
While the short term turned up, I discussed yesterday that we could come up to 4710, now we are at 4760
and potential is to go up to 4825 and 4860 if 4774 is surpassed. If this happens then the attached chart shows
the best alternative count to consider here. ITs a leading diagonal for Wave C1 with C2 forming for last 2 weeks
as a flat, shown by the rising channel and upper end near 4845-4860 range. The reason is that each fall appeas
as a 5 wave decline till late december, after which the moves appear corrective. C2 would therefore retrace 38.2%
and would coincide with wave 2 formations still on in world markets and near their end. A close below 4740 the
20dma might mean that the up move is over.
Good Morning Ilango Sir and blogmates,
Market can slip after 10.00 AM till 11.00 AM
And again slip after 13.20 PM till 14.30 PM
Regards
@Pranjal May we know the reason.... or NIftyBABA ne Call
Kiya....:D
Good morning ☺ Ilango Sir and all blog mates
Dear SAM,
I am just refering Time theory nothing else.
Regards
Namaste Ilango sir and all,
HOUR CHART 200MA:
Click Here
HOUR BAR UPDATE:
Click Here
Market will bounce near 9.34 AM
GM sir and jnfamily friends
pranjal ji,
gm, what is this time theory.
pl give more inform or link for
more knowledge
thanks
@Ilango Sir Why you have stopped posting Trade Table...
(Third Green Image)
Sir,
Mail sent. kindly check.
nifty trading above pivot.
orb pl.
Pranjal - Why 9:34?
pranjal plz give details abt time theory.....im working on same...
Dear Suresh,
Whatever in the Universal happen that depends on Time theory
i didn't found any strong proof or for that any information to know
about the same.
Regards,
Good morning friends. NSE live trading session on Saturday , Jan7 between 11 am and 12.45 pm to chek system upgradation.
GM Everybody,
Yesterday open & low was same and it was told as
bullish sign for a day & today Open & High are same..
orb 4777 - 4747
orb 4777-4747
@Pranjal: Then on what basis are you giving this statement? Just wanted to know about it.
@Badri ... is it Mock Trading or Real?
Real SAM. CNBC news. They said NSE has done this 2years also.
My system shows High and Open are 4777 and 4775 respectively
Many of the passengers are jumping from the jet plane through
parachute to save from plane crash.......BUT
but plane is getting lighter with very very few people in it so it
may fly even faster.
SAM, NSE india circular. http://nseindia.com/content/circulars/CMTR19734.pdf
It is visible from G Finance that today Nifty has not
yet practically crossed yesterday top...
@pankaj/@sujatha,
Pardon me for being slow. But your cryptic messages
are getting tough to follow. Why dont you please
add an explanation section for the dummies like me ?
Thanks
Thanks Badri.
shuklaji means after this correction nifty may rise faster.
New Post Done.
forget the rear mirrior today ... the game is on ..
fasten seat belts and see in fornt :D
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