Wednesday, June 27, 2012

Nifty Pre-Market View.

Nifty resisted @ 5124-5144(5134);
Retracement for 5195 to 5096 comes @ 5146-57 & 80% @ 5175.
If the 5195-5096 fall is "a" wave, then a retracing upmove is on.
And if the 5 down has completed the correction, a reversal is possible.
"5175" holds the key.
Depending on opening sentiment, use filter for JNSAR.


San said...

Good Morning Ilango Sir and Friends

TATA Steel Chart analysis: CLICK HERE

Nilesh Patil said...

Good Morning Master & Friends

saravanan k said...

Good morning ilango sir & all blogmates


Prabakar said...

Namaste Ilango Sir and JN Family

Smita said...

Good Morning Sir and JNfamily !
Sir your premarket view matches with my EW HW .
Analysis is done for now, its the execution or "Acting part" I want to learn now.

J.R.Julius said...

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

J.R.Julius said...

Camarilla Key Levels
Nifty Futures
H4 5152
H3 5139
L3 5112
L4 5099

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

Good morning sir and dear blogmates..

Have a great and fruitful day!!

Just Huge Consistent Profits said...

Good Morning Ilango sir and friends.

Happy Trading Wednesday to you all.

Good luck

Jagan said...

Namaste Ilango Sir And All.

Parimal said...

Namaste beloved Master and all friends
Soulful prayer for PATIENCE to the feet of the Lord!
have a nice day

sandeep said...

gm 2 all thanks julius sir for fibo ,regards 2 master

Parimal said...

Dear Master
Kindly tell us how do you adjust JNSAR on expiary
there is a difference of about 20 pts between June and July NF
sorry for pestering

Dinesh Rishi said...

Good Morning Master and copy to all


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

Ilango said...

@ Parimal ,

During the last 2 days of settlement,

use any corrective down to roll over to next series when Long;

and use any corrective upmove to roll over to next series, if short.

I'm sure there will be some "corrective price action(3 wave dn or 3 wave up)" during the last 2 days.

Shradha Saburi said...

Good Morning Sir, and all the gems of JN
wish you all profitable trade!
regards! see you later!

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers


SANPOT said...

Good Morning Ilango sir and blog mates.

meignanavel said...

good morning sir and all blogmates

Parimal said...

Thank you Master

parminder said...

Master ilango and friends,
Regards and good Morning to all

Prithvi said...

Good Morning Family

J.R.Julius said...

Good Morning Have a Nice day


Nifty resisted @ 5134, and took support again @ 5090-5095 zone yesterday. Above 5136, Bulls try to test resistances 5166-5208 & crossing the same will resolve this range (5090-5190). Bears attacks strongly below 5090 only.

Supports & Resistances for today:-

5136-5166 – Resistance area.

5090-5115 – Support area.

Current Trend: - UP (Range-Bound)

Possible Movements:-

1. 5115 < = >5136< = > 5166< = > 5187< = >5217

2. 5115 < = >5136< = > 5166< = >5095 < = > 5024< = > 4998

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!

Dinesh Rishi said...

Parminder Ji SSA

is it raining?

Kukkad shukkad chulley chadawo

parminder said...

Dinesh Ji ,
SSA nahin sir ji no rain only hot

STOCK4SURE said...

master said:
Retracement for 5195 to 5096 comes @ 5146-57

resisted at 5157

J.R.Julius said...

CAM ranges are too tight today

shivanGupta said...

sir have 5 waves finished from 5095

parminder said...

Dineshji ,
For some special ppls.

Jiignesh said...

Friends tomorrow
is expiry and lets have a contest here.
June Nifty Expiry Guessing Contest.
The rules are simple- There are only 3.
a) Just call out the series close for june
b) No wild guess. A reason is must. Everyboday must give a expected close figure and reason for that.
no range (4000-4050) ,only one figure e.g.4000
c) You need to do it tomorrow After 9.15 and before tomorrow 2.30.
Seniors plz contribute.

Jiignesh said...

My Comments in spam

eevra said...

@ smitha: pls say this way" Sir my pm view matches with yours " & not otherwise.

sorry to butt in..

shabsaif said...

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

GaneshaSays said...

As markets r not moving up and taking more time to retrace to its value from where last fall started, we r going positional short here at 5150 NF with SL of 5180 NF on hourly closing basis for a target of 5050 in 1-2 days.

Smita said...

Sir "Sir my pm view matches with yours" and I am really glad for that :)

@eevra , they say beauty lies in the eyes of beholder , you interprete it the way you look at it :-D

durga said...

good morning master n all jn family.
market o/h/l--5149.45,,5159.05--n 5148.60.
so how come 5100ce h/low--52 n 68
5100pe--47to 59 ?
the inference is that is the price range they allow for who ever play ORB need to play price break out than nifty breakout.bye.

Amol Sharma said...

nifty futures in discount of 4 points.

shiva said...

good morning,seniors..

shriram said...

Morning everyone!

Am leaning towards ysdays 5fifer from 4770 count , with 5th sub-frac in play as an ED.

e= 61.8% x5.c falls @ 5191 ruffly & if 5190-5206 zone RESISTS, then there is a high chance the Impulse is DONE & significant DOWNSIDE will open up Tomo & in July

Eyes on 5190-5206 :-)

Have a gr8 trading day!!

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