Wednesday, August 22, 2012

Nifty Pre-Market View.

Hourly weakness continues to be shown in -ve divergences despite prices making new highs.
Though prices have moved into the channel in "Day", they are below the Hour channel.
Daily trend remains "UP"
FII's continue to BUY.
OI table continues to be +vely biased.
Trade based on the developing resistance/pivot/ supports.
Last pivot low is 5342 & JNSAR is 5344.

49 comments:

San said...

Good Morning Ilango Sir and Friends

NIFTY Analysis: CLICK HERE

sanz said...

Morning Family . . . :)

Nilesh Patil said...

Good Morning Master & Friends,

saravanan k said...

Good Morning Ilango Sir & all Blogmates.

Rgds
Saravanan

Amol Sharma said...
This comment has been removed by the author.
Jagan said...

Namaste Ilango Sir And All.

gajendra said...

Good morning master and blogmates.

Parimal said...

Namaste Dear Sir and all friends
have a nice trading day

Hari_Hyderabad said...

Good morning master & JN family

Have a nice day !

Smita said...

Goodmorning sir and family.

-ve divergence if has to play today , then it will indicate by closing below hour high ema (5409) and then a close below 5 hour ema (5404) .

5393 is Hour low ema and Day high ema .

SANPOT said...

Good Morning Ilango Sir and Blog mates.

amber said...

SIR ILANGO JI GOOD MORNING

Parimal said...

Dear Sir Ilango
the first chart clearly shows a 5-wave move coming to an end and/or fifth wave is probably being extended. should we expect abc consolidation now?
please excuse my poor understanding of waves

sandeep said...

jai hind master , dr sir n all

Ilango said...

Opening below the "Minor channel" support and below Day's pivot.

Watch out for Open & high being same..??

More weakness below 5384(21 hr sma which gave intraday support for the sharp rise yesterday @ 5380) and 5368(34 Hr sma)

Strength only above 5405.

ALBELA HOUSE said...

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

Amol Sharma said...

Looking at OI of CE 5500 I don't expect this level can be achieved so early.

Prithvi said...

GOOD MORNING FAMILYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY

Ilango said...

:)

Open & Low same instead of Open & High.

Nifty TA taking advantage of global cues.

Sunnylovesnifty said...

Can someone pls explain me the meaning of OL same ?? In the table above Sir has shown in the SAR trade table, 5370NS OL same. Is it opening low ?? Or something else, Pls can someone let me know....

maninder said...

master ilango and friends,
good morning to all
Open low same
5395.7

Prabakar said...

Namaste Ilango Sir and JN Family

Prabakar said...

Our Master's Quote

'"UPTREND" Loves bad news. Good news would either boost it further or create profit-booking points'

We need to wait to see the price movements..

nifty rider said...

bulls still has grip

NITIN KADAM said...

Good Morning ALL,


Today's View Uploaded :-

https://lh3.googleusercontent.com/--4uoXU-ipx0/UDRXn03_u9I/AAAAAAAABAo/2MgS8e5RCr4/s800/22%2520AUG%25202012.jpg

Happy disciplined trading to all.

Have a nice day!

Jagan said...

@ Sunnylovesnifty
Market opens at 9.15 at that time opening value and low value are same. today 5395.75 OL same. it shows strength.

Rahul K. Jamkar said...

@Sunnylovesnifty, OL same means todays nifty open price & todays nifty low is same it shows bullishness till it breaks down.

Rajan Malhotra said...

Good morning Ilango ji and friends
niftyspotopen=high/niftyfuopen=low implies what

anmpatel said...

@san
anything more about HINDALCO update. today its 2% plus. thanks.

gauresh59 said...

Namasthe ilango Sir and Friends,

Today's quote received :

Do not underestimate yourself
By comparing yourself
With others.

Its our
Differences
That Make us
Unique & Beautiful

Prabakar said...

As of now, OI addition of 5.13 lk seen in 5400 Put

Smita said...

BSNL logging me off in every 5 mins :(

Prabakar said...

5000 & 5300 Put currenly have more than 1 crore of outstanding OI. It seems they are not ready to cover anything above 0.. :)

Dinesh Rishi said...

Good Morning Master and copy to All

Smita

Try MTS 3G - 25 GB for 90 days just in Rs. 1500

offer upto 31 Aug

NIFTYNINDIA said...

Nifty spot....CAM L 3 hit at 5405....long initiated for 20 points....

Nilesh Patil said...

Good Morning DR sir,
Nice to see you.

Prabakar said...

Good Morning DR Sir,

Happy to see you. Hope you are doing good.. :)

Without you BN was struggling to find a direction.. :))

venkatapathy l said...

DR Sir

Pranam. I am happy to see you here. Hope your back pain is better. Love you sir.

LV

anmpatel said...

@DR
Well come back with recovery. glad to see u.

venkatapathy l said...

@ Smita

I thought I was alone. Perhaps, I too must listen to DR sir.

LV

Smita said...

Dear DR sir ,

so good to see you :)
Thanks I will check that .
problem resolved for now , Loose connection was fixed by Electrician.

Dinesh Rishi said...

Nilesh Patil, Prabakar :D

Venkatapathy Sir,

Im fine now thanks

Raised my screen 6 inches and lowered my chair by 6 inches

My sitting posture was bad

Rajan Malhotra said...

@Dinesh Rishi
Good to see you back to your job.
But please take care of your sitting posture.

Dinesh Rishi said...

BNF will gain strength only above 10500

maninder said...
This comment has been removed by the author.
Smita said...

DR sir , I also lowered my chair after reading :)

Yash and Dhan said...

Good Morning Sir and dear blog-mates.
Have a nice day.

gajendra said...

Put writers of 5400 and 5500 are more active compared to call writers...indicating more bullishness!!

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