Tuesday, January 31, 2012
Nifty PreMarket View
Hanging man has given a follow up "down" candle. And a DHEma to DLEma trade too has been completed. OS intra charts would have a bounce towards & above DHEma being the last day of the month, attempting to close near the highs of the month.
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33 comments:
Good Morning Ilango Sir and Friends
Nifty Analysis: CLICK HERE
Good Morning Master & Friends
GoodMorning Sir and all !
BSNL net connection giving problems for past 2 days ..
Namaste Sir Ilango and all friends and seniors
May the Lord give us peace and prosperity at this blog!
have a nice trading day
Namaste Ilango Guruji, a VERY GOOD MORNING to YOU & to all BLOGMATES...
Good Morning to all.
Namaste Ilango Sir And All.
@ Sujata Mam
i agree to some extent to what you have said in ChartDreams
as regards 200DMA being a crucial level which Nifty
could not cross. i shall closely watch this level for days
to come. thanks and regards
Nifty spot (pre open) details:
5,158.85 71.55 1.41 %
Gm sir n friends: Mid bb at 5147 in 30 min charts. Coincides with DHEMA.
Namaste Ilango Sir and fellow bloggers
LV
Today Day JNSAR is above D J10SAR.
62% retrace of 5217-5077 is 5160 approx. That will
give a good w2/B retrace. Note that all of this
could turn into a triangle before w5.
NIFTY DAY CHART:
Namaste Ilango sir and all,
Day Chart
Click Here
HOUR CHART 50 Hr MA
Click Here
Bn regaining all its losses. 200 points done.
gap down then gap up next day keep note.
Ram Charan said...
Today Day JNSAR is above D J10SAR.
What does it Signify????
5217/5077
FIB LVLS ARE
5110/5130/5147/5164/5180/5189
GM to Master, seniors & blogmates,
Master,If it hanging candle , sign of reversal of uptrend
then why buying done done at 5110?
It is only on basis of 5DEMA ?
Also, sir OS intra how as Lead indicator in chart is between 40-50?
Plz explain sir, I m in doubt
Bn now at a level where it started yesterday.
Good morning gurudev and friends!
@Parimal - but be careful i didn't mention there that is my "long term view" but ride both the sides according to ST/MT view :) if not comfortable in longs then wait and short @ higher levels if any new high comes i preferred to short little "far" and take rest
ORB PL.
THANKS.
@Parimal - Pls. note i mentioned about 'EMA" pls. read it again
Good morning Sir and all blogmates.
Good Morning.................
After confirmation of reversal of uptrend, nifty has entered into pause mode, trading between DLEMA-DHEMA +/- 10/15 points. So, trading should be done accordingly.
SAM: sometimes it rings weakness and might trigger JNSAR if nifty doesnt have green candles to push J10SAR higher than JNSAR.
@ prakashbkc,
JNSAR - counter trend trade was done only because of many perfections in the set up. Though it was a sell at the open yesterday, ORB was considered.
As per Weekly pivot table, below 5148(W.Pivot) S1 @ 5078 coincided with channel bottom9almost); DLEma less few points.
Check the intrachart in yahoo...
All the oscillator bounces was not accompanied by fuller retracements. However, today's opening move has fully retraced the last fall from 5128-35 and the oscillator is still moving up..which indicates a retrace for the 5217 to 5077 fall at the minimum.
New Post Done.
Thanx master for clearing doubt
61.8% retr for the fall from 5217 - 5077 is 5163 - 10AM high is 5157.
Thanks Ram :)
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