Nifty did a pause @ 5040(5043) at open and moved into 5055-5060(5060)zone as suggested yesterday.
Nifty is almost at "day's channel resistance". Overbought hour would show weakness below 5035.
A close above DHEma would continue the upward momentum.
34DEma @ 5005 & Rising 21 Hr sma(presently @ 4960) & 4984 are the immediate supports.
The kind of corrections so far have been shallow and one needs to watch how the "overbought Hour" gets adjusted or it affects the day trend.
Nifty is almost at "day's channel resistance". Overbought hour would show weakness below 5035.
A close above DHEma would continue the upward momentum.
34DEma @ 5005 & Rising 21 Hr sma(presently @ 4960) & 4984 are the immediate supports.
The kind of corrections so far have been shallow and one needs to watch how the "overbought Hour" gets adjusted or it affects the day trend.
84 comments:
Good Morning Master & Friends,
EE done.
Good Morning
Master .
Good Morning Master & all Friends
good morning to all
R/Ilango sir,good morning nsame 2 all reader's.
Master I am online after a long time..Very happy to be Back.. looks like Train has paused for a while and people like
me who missed before can get in now....
Gd mg illango sir i m happy aapne humey dunya ka sabse kimty khazana kholney ki master key sikhayi hey and julias aapko bhi thank u verymuch
Illango sir n nilesh sir if i want to trade with position , wwhat should i do? Plz suggest me, san yr analysis also good but i dnt understand that may i keep position on d base of daily chart or weekly chart?
Good morning Master & JN family
Good Morning Ilango Sir and Friends
NIFTY resistance levels: CLICK HERE
Camarilla Key Levels
Nifty Futures
H4 5060[BUY]
H3 5045[SELL]
L3 5014[BUY]
L4 4998[SELL]
*From entry 20pts SAR instead of SL is good
as per our observation of the ranges between
the entry levels below 20pts. Personal decision
advised. Good Luck.
Dear Master and all friends
May the Lord bless us all with good health and prosperity
Have a nice day of trading
Good Morning Ilango Sir & all Blogmates
Rgds
Saravanan
Good morning master and JN friends !
Wishing all a Great Learning and Earning session today.
Good Luck !!!
Thanks Master for very Big Learnings this week of June and helping identifying trends since February.
Overall view for today:-
Nifty resisted at 5055 - 5060 after a gap up opening.Due to overbought hourly TA ,small correction towards 5018-4977 & then bounce towards 5100+ is possible.Breaking below 4950 is again in favor of bears.Today's closing above 5000+ will make weekly Trend UP.Crossing resistance at 5072 is big hurdle for bulls, once crossed smooth move towards 5100+.
4977-5018 - Support area .( Re-Buy opportunity. )
5042-5072 - Resistances ( Crossing 5072 , next
Immediate target 5102. & 5174)
5072 - Overbought Level ( Partial Profit Booking )
Changing your sentiments as per the trend from bulls to bears or vice versa is hardest thing, but the most required for successful TRADING. TRADING game is always against human nature,
Winning our own emotions makes our way to success easier.
Current Trend: - UP.
Possible Movements:-
1. 5042 < = > 5018 < = > 5072 < = >5102 < = > 5174.
2. 5042 < = > 5018 < = > 4977 < = >4948 < = > 4926 < = > 4904.
Two best rules for successful trading:-
1. Initiate position in the direction of trend near support & resistances.
2. Max stop loss - 30 points.
Happy disciplined trading to all.
Have a nice day!
Nifty spot daily bbtop 5029
Banknifty spot daily bbtop 9838
Both will try to reach till bbtop
GOOD MORNING ILANGO SIR AND ALL SENIOR AND FRNDS.
(every trader needs a trend to make money.)
Good Morning Sir and blog-mates.
EE done
Ilango sir
I can not download ur exl file.its saying to login. or login bi nehi ho reha he. how can i download exl file. plzz sir help
Namaste Ilango Sir and All.
Pranams Gurudev.
good morning master and blogmates
Good Morning Sir and all gems of JN
@ Rishi M
It was 4965
sorry for the delay
@निलेश पाटील
पहिला पाउस पडतो तेव्हा ..........
कविता खूपच छान वाटली
धन्यवाद !...
Namaste Ilango Sir and JN Family
Good Morning Master and copy to All
FATME
missing and is being marked as absent
dont complain if your lectures are short
Good Morning Ilango Sir and blog mates.
@Dr sir,
Mail sent.
@Nilesh Patil beautiful poem, Thank you.
Namaste Ilango Sir and fellow bloggers
LV
@DR
Politicians and fools arrive late. I am not a politician :D
Nice to see your pic in "My Blog List"
Nilesh Patil
Thanks
Iposted on JN Group
हातातली कामं टाकुन देउन
good morning sir and all friends.
Good Morning IIlango Sir and everyone...
A J
Thank Q
Yesterday enjoyed your Citys Seasonal Fruit
@DR sir
good poem, yesterday in ahmedabad good rain in my area. we enjoyed best.
Sir, yesterday's close above 5020 was the positive confirmation of the uptrend. Also Nifty had a Gap Up opening which sustained through out the day indicating of a strong Impulse wave. Also the prices closed above the upper Bollinger Band again indicative of a strong Trend.
After 5090 next resistance zone can be between 5125 and 5200 which previously acted as strong support zone.
DR sir,
:)
DR thanks for posting Nilesh Patils lovely poem on google groups with english translation.
Its truly lovely. U made my day!
Good morning Gurudev and friends
@DR
Cool, rest can salivate...
http://blogs.gonomad.com/traveltalesfromindia/files/2010/06/Litchi-Lychee.jpg
GM Master & to all friends.
One thing to notice. When all world mkts are red, Spain & Italy are always green when all world mkts are green, they are always red.
Looks like spain & Italy are the item boys of world mkts.
Anyways, mereko kya karna hai unko lekar. Are mera yaar PT, kuch bhi karo lekin nifty ko aaj 4960 ke neeche close karo..
@DR Sir & Kumar Sir & all other bulls - please take a break from mkt today. Bears want some time to recover & make thier presence.
DR Sirji,
ॐ श्रीं ह्रीं क्लीं
त्रिभुवन महालक्ष्म्यै
अस्माकम् दारिद्र्य नाशय
प्रचुर धन देहि देहि
क्लीं ह्रीं श्रीं ॐ ।
Thanks for money mantra
@AJ
Salivating ..we could manage to get some here at premium.
Good morning Master
and Good morning to all
Cam sell trggered at 4998
To ILANGOSIR,
SIR i want to join google group. request mail send please accept it.
GOOD MORNING KUMAR SIR JI
WHERE ARE U
aap ko very very thank u
Prithvi
whats ORB of today
you can use NF values only
The problem with yesterdays trade was
it was trade against trend
IF JNSAR is long short trade is to be ignored
Staying above 5005-5010 zone would suggest ending of "green iv" and start of "v" towards new uptrend high.
If the OBR range is too big
one need not to keep SL of High or Low
20 point SL can be applied.
Good Morning.................
Dr sir,
Yes it is big gap
So i didn't post today
Thanks for taking care and guideline
@ sushil,
No mails received.
do we consider ydays high as st high?
To
Spain Downgraded to BBB as Fitch Forecasts Slump Through 2013
Good Morning ILango Sir & everyone!
Thank you Master for adding D R Ji's blog in MY BLOG LIST.
Dear D R Ji, lakh lakh badhaaiyan...where is party tonight?
Dear Prabhat! Wrong request, i already entered in PT's camp yesterday at 5052:)
@master
where should i put green 'v' approximately? thanks
Prithvi
my Master says there should be "consistency"
dont worry for gaps news etc.
Master ilango ,
Gud Morning
☺☺
market is supreme.either one of two recent lows is false or one of two recent tops.
bulls are protecting 5000
for the bigger upmove
Dinesh ji , Dr kumar and all blogmates
Good morning
☺☺
Kumar Sir
Thank Q
Your party on the way
http://i.telegraph.co.uk/multimedia/archive/01110/Barmaid_beer_1110644c.jpg
it cheating u entering bear camp chupkey chupkey
Sir, what does Green iv mean?
Please stop predicting....
Start following....
Let your "sharing" show some "reasoning".
Don't spill your "Guts" here.
Camarilla Intraday - Trade1
Nifty Futures
L4 4998[SELL] triggered with 20pts
SAR instead of SL.
nifty resisted at hrly lema.....5028. oh god please give hrly close above lema
Dear anmpatel,
And 5028 is today's high volume trade value since opening...:)
@mynac
OMG. then only god can save me. little bull.
Any one trading in MCX Commodity? i need vah/poc/val levels of scripts like crude oil, nickel, copper,etc. Does this method(levels) works..
Dear Pam!
Good Morning:)
D R Ji!
Thank you so much, its mouth watering. Mai chupke chupke kahan gaya bear camp me, 5050-5100 multiple resistance area so maine chote safar ke liye PT se dosti kar li. 5125 ke upar fir se aapke camp me ya 4950-4975 ke beech dheere se baapas aa jaunga:)
GM Sir and all :)
Start following....
இது மட்டும் நான் ஒழுங்கா பண்ணாலே போதுமானது ஆனா அப்போ அப்போ கழுதை ரேஞ்சுக்கு உதைக்குது புத்தியும் மனதும்
i email id : mayur.harimail@gmail.com. please reply ASAP.
Dear Mynac,
pl enlighten how do you find high volume trades.
Regards and thanks in advance.
Dr ji ,
congrats on the inclusion of the Blog
☺☺
Dear mynac
OI 1605400 se 16217850 hua. and nifty also increase form 4992 to 5000 now. does it sugeest longs added? pl guide.
Dr kumar,
hamein bhi apni sharan mein ya kisi bhi camp me to
le lo
☺☺
Ilango sir the "b" of 'iv'th, forming a triangular correction?
New Post Done.
parminder
thank Q
DR sir
അഭിനന്ദനങ്ങള്
Enjoying the monsoons in kerala. So beer will not do for me.
derar gurus
sir how can join google gruop
master todays open and high same
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