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"..?
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:
Good morning all,
Have a great day
R/Ilango sir, Good morning n same 2 all reader's.
Good Morning Ilango sir and Friends.
Happy Trading Thursday to all.
GoodMorning Sir and All
Its very clear sir . Let me see how I can "Act" on it , during market hours .
Kind Rgds
Good Morning Master & Friends,
Good Morning Ilango Sir & all Blogmates.
Rgds
Saravanan
Namaste Ilango Sir and JN Family
Pranams Gurudev And All
Good Morning Sir and Warriors
good morning master and blogmates
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
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
DR sir
Yes clapped three times. Was travelling yesterday
Namaste Ilango sir and all,
Nifty Day Chart:
Click Here
Nifty Hour chart:
Click Here
Goodmorning master and all JN friends
Wishing you a Great Learning and Earning session today.
Good Luck !
Good morning Sir and blog-mates.
Good Morning Ilango Sir and all blog mates.
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!
good morning,seniors,
pre mkt.ns shown below of 4830..
Namaste Ilango Sir And All.
Gud Morning llango sir and all seniors
Low open same.
hi good morning
trading below HHEMA and 5Hema
also below todays pivot
Good morning Master & JN family
Namaste Ilango Sir and fellow bloggers
LV
5088 is support till now in daily HA charts.
NS Open and Low are same @ 105.10
Banknifty Broken the channel on Hourly tf.
Supports are meant to Broken and so is the case of resistances --- Iffy Jiffy ---- Weak Hour TA ----- Thoda niche to banta hain Bhai log :)
Master ilango and friends
Good morning to all
&
Regards to master
☺☺
Good morning Gurudev and friends
good morning ilango sir & dr sir copy to all......
Good Morning family
ORB HIGH:- 5126.40
ORB LOW:- 5105.10
Sorry High is 5126.75
Sorry for my speedy mistake
Namaste Ilango sir,DR Sir and all Blogmates,
ORB HIGH:- 5126.75
ORB LOW:- 5105.10
Good Morning..................
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....!!!
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.
thanks jr,julius,
Нет ничего невозможного для готовых сердце.
Спасибо, Юлия сэр, если это возможно дать нам фьючерсы уровня камеры
thanks jr julius
good morning sir and all friends.
New Post Done.
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
Hi, Could you please advise what time the Inflation data will be out today. Thanks / K7
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