Thursday, June 14, 2012

Nifty Pre-Market View.

Nifty is overbought with negative divergences in Hour T/F and
it just managed to close above 5121-HEma/Today's Pivot/MEma: Weakness below this.
5074-5082-there are multiple supports-50sma/5sma/34Hr sma/50% retrace/Cam's L5/Classic Pivot's S2.
ST Bearish below this.
Above 5144, it still needs to overcome the "Earlier support turned resistances" @ 5170-5185.
Both "green" & "Red" has a correction "down" to deal with "being below 5144", the difference being in their quantum...5074-82..OR 5012-23.
Is that Clear enough "Consomme"..?


51 comments:

Natti said...

Good morning all,

Have a great day

ALBELA HOUSE said...

R/Ilango sir, Good morning n same 2 all reader's.

Just Huge Consistent Profits said...

Good Morning Ilango sir and Friends.

Happy Trading Thursday to all.

Smita said...

GoodMorning Sir and All
Its very clear sir . Let me see how I can "Act" on it , during market hours .

Kind Rgds

Nilesh Patil said...

Good Morning Master & Friends,

saravanan k said...

Good Morning Ilango Sir & all Blogmates.

Rgds
Saravanan

Prabakar said...

Namaste Ilango Sir and JN Family

dayakar said...

Pranams Gurudev And All

POWERTRADE said...

Good Morning Sir and Warriors

sushil said...

good morning master and blogmates

Parimal said...

Namaste beloved Master and all friends
May the Supreme Lord bless us with integrity and bliss!
have a nice day of trading.
SGXNifty is quite volatile this morning

Parimal said...

Sir Ilango
after 1 2 3 4 5 done, a-b-c marking is clear to me. but i have failed to understand your labelling of 1-2 in red
thanks a nd regards

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

DR sir

Yes clapped three times. Was travelling yesterday

satheesh said...

Namaste Ilango sir and all,

Nifty Day Chart:
Click Here

Nifty Hour chart:
Click Here

Manish said...

Goodmorning master and all JN friends

Wishing you a Great Learning and Earning session today.

Good Luck !

Yash and Dhan said...

Good morning Sir and blog-mates.

SANPOT said...

Good Morning Ilango Sir and all blog mates.

NITIN KADAM said...

Overbought markets looking for corrections towards 5047-5077.More deeper corretion may bring it down to 5003 -5023. Weakness below 5107. Mild strength above 5144 , with imeediate resistances 5163-5178

5035-5048- Support area .( Re-Buy opportunity. )

5144-5180 - Resistances .

Current Trend: - UP, Overbought.

Possible Movements:-

1. 5121 < = > 5107 < = > 5048 < = > 5163 < = > 5178

2. 5115 < = > 5107 < = > 5078 < = > 5163 < = > 5178

3. 5115 < = > 5107 < = > 5048 < = > 5023 < = > 4982

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!

shiva said...

good morning,seniors,
pre mkt.ns shown below of 4830..

Jagan said...

Namaste Ilango Sir And All.

Prakash said...

Gud Morning llango sir and all seniors

anmpatel said...

trading below HHEMA and 5Hema

anmpatel said...

also below todays pivot

Hari_Hyderabad said...

Good morning Master & JN family

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers

LV

anmpatel said...

5088 is support till now in daily HA charts.

Prabakar said...

NS Open and Low are same @ 105.10

Nilesh Patil said...

Banknifty Broken the channel on Hourly tf.

POWERTRADE said...

Supports are meant to Broken and so is the case of resistances --- Iffy Jiffy ---- Weak Hour TA ----- Thoda niche to banta hain Bhai log :)

parminder said...

Master ilango and friends
Good morning to all
&
Regards to master
☺☺

Bhushan said...

Good morning Gurudev and friends

subho said...

good morning ilango sir & dr sir copy to all......

Prithvi said...

Good Morning family

ORB HIGH:- 5126.40
ORB LOW:- 5105.10

Prithvi said...

Sorry High is 5126.75
Sorry for my speedy mistake

SURESH NIFTY said...

Namaste Ilango sir,DR Sir and all Blogmates,

Prithvi said...

ORB HIGH:- 5126.75
ORB LOW:- 5105.10

shabsaif said...

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

gauresh59 said...

Namaste ilango sir and friends,

Today's quote received "

Life is like a piano, the white keys represent happiness & black keys show sadness……
But as you go through life’s journey, remember that the black keys too make music....!!!

Sujatha said...

GM sir and all :)

Prabhat - mm.. all in the hands of "mayan" anyway grind grind grinddddddddd and pull down am busy with 'guests".

Bye - take care. Have a wonderful grinding day.

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

thanks jr,julius,

J.R.Julius said...

Нет ничего невозможного для готовых сердце.

Hari_Hyderabad said...

Спасибо, Юлия сэр, если это возможно дать нам фьючерсы уровня камеры

sandeep said...

thanks jr julius

NEVER GIVE UP said...

good morning sir and all friends.

STOCK4SURE said...

addition in O.I in 5100ce and 5100pe evenly balanced
same with 5200ce and 5000pe too
no clues yet
mrkts wating for inflation data
fertilizer policy too today

K7 said...

Hi, Could you please advise what time the Inflation data will be out today. Thanks / K7

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