Tuesday, June 26, 2012

Nifty Pre-Market View.

"5174-85" zone continues to be a major resistance point.
"5124-44", the minor resistance point-34Hr & 21Hr smas.
Below 5090-95, it would slide to 5040-50zone.
We consider it a "consolidation" in 5000-5200 and if it does not move out of this zone in this week,
it could lead to deeper falls.
It is sell on rises for the day.



73 comments:

Mr. Sultan said...

Sir I dnt understand 34 hour n 21 hour? Its morning first 34 hour n 21 hour or wht?

saravanan k said...

Good morning Ilango Sir & all Blogmates.

Rgds
Saravanan

Mr. Sultan said...

Accordiing to u sell below 5124 n if hold 5090 exit n sustain below 5090 keep position sell n com to 5050 , m i right ? If wrong suggest me

Mr. Sultan said...

Gd mg sir all blog mates

prabha said...

Good Morning and Thank you Master and Seniors for all the inputs and guidance.

Just Huge Consistent Profits said...

Good Morning Ilango sir and Friends.

Happy Trading Tuesday to all. Good Luck.

prabha said...

@Mr. Sultan 34 and 21 are SMA's drawn on hourly charts...

ALBELA HOUSE said...

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

Rocks said...

Good morning sir and fellow blogmates..

Have a great day !!

Mr. Sultan said...

Thnk u prabha, gd mg hav a gd day

Prabakar said...

Namaste Ilango Sir and JN Family

Mr. Sultan said...

How calculate 5113 sar today illango sir?

SANPOT said...

Good Morning Ilango sir and blog mates.

Mr. Sultan said...

Julias explain me trand line charts n camm level now friends explain me how to caculate sar 5115 ? I dnt wana lose money bs this is market, share market, or jaha share ho waha shikari majbut chahiye, explain me friends

AimNifty said...

Good Morning to All,

@sultan,

JNSAR is copyright of Master. He does not disclose formula.
Have you gone through right column links under "Always Start Trading with these" heading?

San said...

Good Morning Ilango Sir and Friends

Nifty chart analysis: CLICK HERE

Nilesh Patil said...

Mr. Sultan,
Start your learning with following write ups by Ilango sir on right side of this blog.

Always Start Trading with these
1. Trending or Sideways.?
2. Pivot, support & Resistance
3. ORB
4. Divergences + / -
5. Trade time cycle-Min/Hr/Day
6. SAR signals.
7. Trading Discipline
8. Tech. Table Reading.

STOCK4SURE said...

good morning sir and friends

Mr. Sultan said...

Thnk u nilesh sir n aim nifty

Parimal said...

Namaste beloved Master and all friends
May the Supreme Lord grace us with PATIENCE
have a nice day

Yash and Dhan said...

Good Morning Master and friends.

durga said...

master,mkt profile values?same as y--day?please correct in TT .thank you.

Manish said...

Good morning master and all JN friends !!!

"Sell on rise" order of the Day from master.

Wish you a Great Learning and Earning session.

Good Luck !

Shradha Saburi said...

Good Morning Sir and all gems of Just nifty
@ sultan
you send me test mail, do not do anything now ,
save your money . watch the market.Dafinately you will overcome this problem. May Sai bless you!
regards!

Jagan said...

Namaste Ilango Sir And All.

Manish said...

Do visit "Stock wealth" for excellent EW set up written by the master.

Love you always master for your Guidance !!!

Piyush Sharda said...

sir,
pls check jnsar on chart today's 5110 in table. chart shows 5113. maybe yesterday during closing fig u changed that fig still remains.
wrote to bring it to ur notice

parminder said...

Master ilango and friends,
Regards and good morning to all
☺☺

Hari_Hyderabad said...

Good morning master & JN family

meignanavel said...

good morning sir and all blogmates

J.R.Julius said...

Good Morning Masters & Blog-mates, Have a Prosperous Day.

Nirav said...

Good Morning sir,

Sir As per my other alternative

4770-4807 (1)
4807-4788 (2)
4788-5124 (3) Extension
5124-5047 (4) Running Flat
5047-5190 (5)Completion Of I or A
5190-5041 a
5041-5194 b Expanding triangle
5194- ? C

Sir pls consider above counting and do reply.

Regards,
Nirav Patel

J.R.Julius said...

Camarilla Key Levels
Nifty Futures
H4 5167[BUY]
H3 5138[SELL]
L3 5081[BUY]
L4 5052[SELL]
Trading Camarilla Levels need Intraday
Trend confirmation. There is No assurance
for all the trade will give success.
If someone wish to trade. Trade at your own Risk.

parminder said...

master ilango,
Why is ther a fibo retracement from 5106-5183.
kindly guide.
☺☺

mynac said...

5114.25 is the high volume trade @ 9.15 Today...

Nitin Kadam said...
This comment has been removed by the author.
Nirav said...

sir

the same is mentiond in your todays chart it was my mistake now it clear

Thanks
NIrav

Nitin Kadam said...

Nifty resisted at major resistance levels 5185-5190 yesterday & also managed to close below 5136 . Now break below 5095 leads nifty towards 5065-5024.

Supports & Resistances for today:-

5136-5166 – Resistance area. (Sell on rise near 5136 with small SL.)

5090-5115 – Support area.

Current Trend: - Turning Down (Sell On Rise)

Possible Movements:-

1. 5115< = > 5136 < = > 5095< = >5065< = >5024< = >4998.

2. 5115 < = >5136< = > 5151 < = >5095 < = > 5024< = > 4998

3. 5115 < = >5136 < = > 5166< = > 5187< = >5217

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!

Bhushan said...

Good morning Gurudev and friends

Jai Sriram Jai Hanuman

mynac said...

Very Good Morning Dear Parminder..:)

Sujatha said...

Goodmorning sir and all :)
from Sir = "Sell on rise" so rise will come = i bought @ open again with TSL it's my own "decision" about selling??? will decide later looks like my "mayan" will cross again the same level will come??? too early to decide but atleast 1/2 will come "the way price is showing" . for today's trade "as usual with BNF added pickle NF too"
Shriram - Need your SL for long and short to enable me to decide "which one i want to eat" :) Today I am with both the sides one up and and one down

Mynac - thank you :) for breakdown and breakout my no. is nearby "your valuable no. is inbetween" deciding factor

Shradha Saburi said...

@ Nitin Kadam
Thanks for your updates but
i do not agree with the sell on rise
I do believe on JNSAR.
regards!

Ilango said...

"5124-44" is the first resistance.

Nifty made a high of 5124.75.

Sujatha said...

Sir - any clue about "open low" like that??? as i don't know the "funda' but will add salt to my food. tks n advance

Ilango said...

"5080" is the consolidation channel bottom.

If breaks, there are multitude of supports @ 5045-62.

WEma @ 5074 is another crucial point, bear would like to conquer.(Intra week wouldn't help the bear)

Ilango said...

@ Sujatha,

"Open & Low being same" may be used when a bottom is anticipated or a reversal is expected.

In "continuation" context, it will act as a "Pause" only.

Shradha Saburi said...

good morning Mynac
only you can track the Nifty & give early warning because our avarage radar started to give flat signal
Reagards!

noorie said...

gm sir & jnfriends

Sujatha said...

Sir - Thank you very much "now another tool" in my hand for "adding to my intution trading". I request you to post regarding "about intution and about the mastering it" if at all your valuable time permits. very long back u hv posted but i am not able to get it :( that will be useful for "new comers" too . thank you onceagain for your guidance.

Nitin Kadam said...

@Shradha Saburi ,

Yup JNSAR always rocks :)
Just trying to share my little knowledge over here.

Amit Gupta said...
This comment has been removed by the author.
shiva said...

good morning,seniors..

Parimal said...

@Shraddha Saburi
Nifty in the cloud (hrly), above is resistance @5144 and mentioned by Master

mynac said...

Dear Sujatha,
“from Sir = "Sell on rise" so rise will come” Yes ..why it will go up ? The common sensible logic behind it is that “though Nifty has come down and broke JNSAR value today.. it is very but natural tendency for Bulls that they will try their level best to keep it above JNSAR to save their positions, as they are yet in driving seat, and do not ready and prepare for their defeat.. Because it is tough to accept..:)

In such scenarios, earlier we have seen it many times that market used to or try to stay above JNSAR and go towards Dema or Dhema but as it is technically disturbed; it cannot stay there for longer time as earlier and then only Buyers realizes the real strength of the market in the latter trading half and rush for squaring off…which results in fall…

So let us wait N watch whether history gets repeated again today or not?

Thanks and bye everybody..

Smita said...

GoodMorning sir and JNfamily !

My understanding says..
developing Hour low ema at 5124 we need a close below this at 10:00 for shorts to continue.

ToT-Amit said...

Good morning mates.

please confirm if JNSAR is long or short?

as per me its still Long.

STOCK4SURE said...

dollar again moving up

abv 57 now

shriram said...

Morning Everone!

Dear Sujata:

SL = @ 5125 +20 = 5145 (shorts were made once 5DEMA started turning DOWN) .. this also matches approx with 34EMA @ 5142

Nilesh has called u annapurna devi, instead of being "bakasur" and eating my SL, today u shud leave food on the table for poor hungry simple ppls ;-)

have a gr8 trading day!

Smita said...

TOt-Amit
My take is
Even if we do not take positions before 9:30 , at 9:36 we touched 5108.35 , so JNSAR triggered short as it is at 5110/5113.

Ilango said...

@ ToT-Amit,

JNSAR has triggered a sell today.

But the open & Low being same & the swift upmove at the opening minute would have provided a "Higher sell opportunity" @ 5124 (of 5124-44 resistance)

CDG said...

Good Morning Bulls and Bears.

JNSAR is 5110 and if filter of 20 added it is 5090.

Heloo Shriram: lots of swings around 34 EMA in last 5-6 trading sessions. one day up another day down...

Sourav Kundu said...

JNSAR is still long, but yesterday due to the wild swing of NF it was triggered.

On 23rd Nov 2011 Ilango Sir has written an article on -Why traders get emotional and not able to follow through their plans?

It would be in the EOD analysis. Once in a while I do read that... helps me be grounded and objective.

shabsaif said...

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

Dear Sir,

Nifty Pre Market View---We consider it a "consolidation" in 5000-5200 and if it does not move out of this zone in this week"

We cross 5000 on 6 June , after that we touch 5200 3-4 time, this is fourth week of "Consolidation" , around 10 trading days out of 15 we trade near 5100, NIFTY Bhai to much flat.........Ha ha ha

ToT-Amit said...

Thanks you Master,
Thanks you friends,

Master has confirmed "JNSAR Sell".. no confusion now.

durga said...

freshers,possible whipsaw wth Djnsar .MARKET RANGE LIKELY 5090--5142. change strategy to buy at lower levels n sell at higher levels wth small sl.

gkm223 said...

now waiting for 4640-45.

mynac said...

P.S.
General observation,

After xyz upward run, when the gap between JNSAR value,DHEMA & DLEMA minimizes, it becomes tough for Nifty to stay “always up and above all these Nos. So in such conditions there are only two options left for Nifty i.e. to widen that gap, for “day to day play” either it will have to go 100-150 points up or down from JNSAR , to bring it in normal position… so in such conditions it’s up to trader which side he prefers.

Dinesh Rishi said...

Good Morning Master and copy to All

NSB said...

Dear Mynac,
GM Sir,
@ mynac said...
5114.25 is the high volume trade @ 9.15 Today

I hear lot such statements but I am not able to infer, I sincerely request you to help me to understand the interpretation or what does it indicatte. Thanks in advance.

NSB

kerala nifty said...

JR JULIUS TODAY IM CALCULATE CARMILLA LEVEL BUT ..LONG DIFFERENCE FROM UR LEVELS IF U CAN MAIL UR SECRET OF CARMILLA LEVELS THANKS
SOB

Post a Comment