Tuesday, May 8, 2012

Nifty Pre-Market View.

Dear Rajandran.R, (Marketcalls)
Many many Happy returns of the day.
Our best wishes for your glorious market journey, being shared with everyone liberally.
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The "i,ii,iii,iv" labelling could be changed to "abc-x". This is a bearish view.
The green "C" indicates the completion of "B" correction for the "A" rise of 4531 to 5630, provided the correction/ fall of next 2 days limit itself to 61.8% of the rise from 4988.
For the day, Nifty is weak below 5125-200sma and more below 5075 & 5045.
Resistances would start from 5136-80, earlier support points.
Watch out for any weakness at or around "Midpoint crisis".


50 comments:

Nilesh Patil said...

Good Morning Master & Friends,

@Rajandranji,
Wish You Many Many Happy Returns Of The Day

suresh said...

rajandran ji,
good morning,
many happy returns of the day.

Parminder said...

Master ilango and friends,
good morning to all.
HAPPY Birthday Rajandranji.
Many happy returns of the Day
☺☺

Jay said...

Dear Rajandran,
MANY MANY HAPPY RETURNS OF THE DAY..........

Jay (NTC)

Bhushan said...

Good morning Gurudev and friends

Happy birthday Rajandran Sir

POWERTRADE said...

@Rajandran .... Wish u a great day and have blast

POWERTRADE said...

@Gauresh Bhai ... Came to know the news ... My deepest condolense May thy soul rest in peace.

San said...

Good Morning Ilango Sir and Friends

Nifty Resistance levels: CLICK HERE

Sekhar said...

Good Morning to all ,

@Rajandranji,
Wish You Many Many Happy Returns Of The Day

Anonymous said...

Rajendran - Congrats and many many happy returns of the day.

Unknown said...

Rajandran ji,
Very vex Happy birthday

K7 said...

Sir,

I could see 200 SMA in iCharts (Data range - 1 year) as 5115, but you mentioned as 5125. please advise which one is correct

Jagan said...

Namaste Ilango Sir And All.
@Rajandran.R.
Many more Happy returns of the day.

K7 said...

San,

In your charts, please advise the 200 & 20 Day SMA levels. I would like to see what is the exact no for these SMA's

SANPOT said...

Good Morning Master and blog mates.
Rajandran Sir,Many happy returns of the day.

Dinesh Rishi said...

Good Morning Master and copy to All

Rajandran Rajarathinam
Many Many Happy Returns of the Day

suresh said...

k7 ji,
pl check your mail.
thanks

Yash and Dhan said...

Dear Sir and blogmates.
Wish You Many Happy Returns Of The Day @Rajandranji,

Yogavidya by Parimal Devnath said...

Namaste beloved Master and all friends
May the Lord bless us !!
have a nice trading day
Dear Rajandran
Many many happy returns of the day. wish you all the best.

Nifty futures said...

Namaste Ilango Guruji,

GOOD MORNING to YOU & to all members of JN family...

San said...

@K7
Important moving average values are mentioned in the Tech Table.

BHARAKHADA VAIBHAV said...

Good Mornning ilango sir and friends, Many happy returns of the day to Rajandran Sir

Manish said...

Goodmorning master and all JN friends

Have a Great Learning and Earning session.

@Rajendran Rajarathinam

Wish you many many Happy Returns of the Day.

Regards !

Jayaraman said...

Good morning Ilangon Sir / Blog mates

@Rajandran ji,

Wish you many more happy return of the day. And I pray to Almighty to wish you best of everything in life.

dayakar said...

Pranams Sir,

Good Morning to All.

Ilango said...

Opening below 5125-200sma would be weakness towards Day pivot-5075 or a bit lower.

J.R.Julius said...

GOOD MORNING JN FAMILY
HAVE A PROSPEROUS DAY.

@NEW VISITORS OF THIS BLOG - FIND THE TRESURES INSIDE!

For Beginners

Tech. Table made easy.
JNSAR
JNSAR- a SAR Method
JNSAR for Options Trading
JNSAR with TT
JNSAR for good gains
Applied Technical Analysis

Trading with Discipline
Market Wisdom

Natti said...

Happy Birthday rajendran,

God bless you more time to carry on market journey

gauresh59 said...

Namaste ilango sir and friends,

The readers of JN blog has proved be a great source of comforts for me and my family, giving extreme relief in affliction. I am grateful to ilango Sir and all other JN mates for heartfelt prayers and condolences on my father's demise. I do not know what to say ….perhaps words are inadequate…..It is very difficult for me to express my gratitude to each one of JN family separately because of long long list. Extremely sorry for that.....

gauresh59 said...

@Rajandran ji,

Wish you many more happy return of the day.
And I pray to Almighty to wish you best of everything in life.

J.R.Julius said...

Camarilla Key Levels

Market Open & CMP between L3 & H3

CAMARILLA TRADERS SOH(sit on hand) till
valid Levels Trigger.

Piyush Sharda said...

rajendran sir, of the day
many happy returns

NEVER GIVE UP said...

good morning sir and all friends.

yogeshvislot said...

happy birthday mr rajendran,and good morning to all!

HARISH TAHKKAR said...

Rajandranji,Sir,
Wish you many more happy return of the day.

Prabhakar said...

Good morning Ilango Sir and all blog mates

@ Rajandran : Many Many Happy Returns of the Day

sudharsan said...

Good Morning Ilango sir and all.
@RAJANDRAN many more happy returns of the day

Crorepathi said...

Gauresh Ji,

My deepest and most heartfelt sympathy . May God give you all comfort and strength.

Ilango said...

38% retracement of the rise from 4988 to 5125 done @ 5073.

50% @ 5057.
61.8% @ 5040.

J.R.Julius said...
This comment has been removed by the author.
chetas said...

" Opening below 5125-200sma would be weakness towards Day pivot-5075 or a bit lower."

wish i could do 1000 EE

Thankyou very much Ilango Sir, for timely guidance

J.R.Julius said...

Camarilla Intraday Update/Follow Up:
L3 5077
L4 5039

BUY@L3 valid ONLY if it made HL as NS falling
from the opening.

J.R.Julius said...

Camarilla Intraday Update/Follow Up:
Or L3 BUY can be consider in Break of TL in lower TF.

Dinesh Rishi said...

chetas

An apple a day is sufficient :D

NEVER GIVE UP said...

Happy Birthday rajendran sir.

shabsaif said...

Good Morning...............

Natti said...

@julius

Good updates on CAM. Keep it up

Ilango said...

New Post Done.

SANPOT said...

Master-opening below 5125 will lead to 5075 or bit lower
38% of rise from 4988 to 5125 comes at 5073...These
guidelines can come only from you. I wonder if even after
10 years here on in the markets shall I ever be able to
make 10% of such comments.

Sara said...

Today Nifty is likely to trade in the range between 5,170 & 5,240 in upper side and 5,050 & 4,980 in lower side. Intraday calls for today.....stock tips

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