Thursday, July 26, 2012

Nifty Pre-Market View.

"5148" is the resistance above 5120.
"5097" is the minor support.
Nifty has been attempting to find a bottom in the earlier consolidation zone of 5042-96 and
its daily TA is poised at a critical point where reversal or a resumption of downward momentum is possible.
Our preferred view has been one of consolidation ending @ 5042-96 (or in some extreme bearishness to 4991-61.8% retrace of 4770 to 5349 below which deeper falls likely).
However, the reversal signals are yet to emerge.
If 5097 holds in the first session, a move above 5120 would be +ve initially.

51 comments:

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

Camarilla Key Levels
Nifty Futures
H4 5139[BUY]
H3 5126[SELL]
L3 5099[BUY]
L4 5086[SELL]

J.R.Julius said...

Nifty Spot
for the Minor Swing 5144-5076
retraced 61.8% 5119 yesterday itself.
Today breaking 5144 may lead
5163 and 5186 initially.
incase if downside breaks 5076 may lead
5058 and 5035 initially.

Jiignesh said...

friends today is expiry and lets
have a contest here.
July Nifty Expiry Guessing Contest.
The rules are simple- there are only
3.
A) Just call out the series close for July
B) No wild guess. A reason is must.
Everybody must give a expected
close figure and reason for that. No
range (5000-5050), only one figure
e.g. 5000 C) You need to do it after 9:15
today and before today 2:30.
Seniors plz contribute.

J.R.Julius said...

GANN SQ9 Steps if someone wish to track
Upside Steps:
5130
5148
5166
5184
5202
Downside Steps:
5077
5059
5041
5023
5006

ajja said...

good morning master

shabsaif said...

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

amber said...

Sir ILANGO JI goodmorning

San said...

Good Morning Ilango Sir and Friends

NIFTY Chart analysis: CLICK HERE

Prabakar said...

Namaste Ilango Sir and JN Family

parminder said...

Master ilango and friends,
good morning to all
☺☺

Bala said...

Good Morning, Ilango ji

Parimal said...

Namaste Sir and all friends
May the Lord grant us right knowledge and PATIENCE
have a nice day

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers

LV

SANPOT said...

Good Morning Ilango sir and blog mates.

merc9000 said...

expiry at 5077 (yesterdays low)

Jagan said...

Namaste Ilango Sir And All.

saravanan k said...

Good morning Ilango Sir & all blogmates

Rgds
Saravanan

Nilesh Patil said...

Good Morning Master & Friends

meignanavel said...

Good morning sir and blogmates

chetas said...

NS open high same

Hari_Hyderabad said...

Good morning Master & JN family

Have a nice day !

parminder said...

Open high same 5126.20

navtash said...

GM all


todays closing would be 5150

Amol Sharma said...

expiry will be at 5107

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

amol bhai

contest keliye reajon bhi mangtha hai

NITIN KADAM said...

Nifty has to cross and hold 5123-5166 for further upside.Below 5097 bears will bring down nifty towards next support 5038.Taking shorts at higher levels looks profitable strategy as per current scenario.


Supports & Resistances for today:-

5097-5038 – Support Area

5123-5166 – Resistance area.


Current -Trend: - Down.

Strategy:-

Sell On rise (5124-5166 ).

Happy disciplined trading to all.

Have a nice day!

sudharsan said...

Good morning master and friends...nifty expiry 5148 @ resistance

rock said...

nifty moving spped 3.50 per day in this month so close would be 5106.50

jayant singh said...

Gm all

Expiry guess 5148 Month JNSAR

anmpatel said...

@Master
sir i observe from old data, when
J10SAR price bigger than HEMA (or
when HEMA come under 10EMA)in
daily time frame there is fast fall
setup. this view also supported by TT.
your expert comment? thanks.

Piyush Sharda said...

@hari_hyd

pls check i am seeing on ns...

Hari_Hyderabad said...

@ Piyush Sharda

Thanks for the alert sir, I have noticed SS negative crossover in the opening it self. But due to expiry - unable to take position. Also there is big addition in 5100 pe addition is also ......

Badri said...

goodmorning friends and Master. what is happening in tulip, pipava, parsvanath, everonn, radico etc. all near and more than 20 % down.

Jiignesh said...

@all
a valid reason is must for expiry guess

Jiignesh said...

Expiry Guess Rules

A) Just call out the series close for July
B) No wild guess. A reason is must.
Everybody must give a expected
close figure and reason for that. No
range (5000-5050), only one figure
e.g. 5000 C) You need to do it after 9:15
today and before today 2:30.

ALBELA HOUSE said...

R/Ilango sir Namaste n Namaskaar 2 all reader's.

sushil said...

good morning master and blogmates

Piyush Sharda said...

@hari_hyd,

i am a student here like u r. pls dont call sir.
u may be right abt other factors but its a mechanical method. whenever a trigger comes in a system there would be other methods showing different views. it will always happen. but one has to trade. i am not saying that this particular trade wud be success/failure i dont know. i was just sharing my observation

NIKUNJ NARIYA said...

GM ILANGO SIR SENIORS ND ALL BLOGBANDHU

JIIGNESHBHAI
EXPIRY AT 5095.40(AVG 5112.55-5078.25)

chetas said...

Retraced 61.8 of 5076-5126 rise

eevra said...

GM, ALL
Kumar tech, SBSB,Sujatha Sis,Dinesh Rishi, master,SFS, not seen !!

Piyush Sharda said...

@badri,
few stocks moving out of f&o. it maybe in that.

parminder said...

Hi Piyush,
Negative crossover in SS on which time frame
??

skmishra said...

good morning! Jiignesji, 5149 closing> near to 5DEMA.

parminder said...

Sorry piyush got it the charts were not updated
hourly time frame

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