5246-61 is the gap area and home to many critical nos from TT.
5290-5310 cluster has failed to hold and the same becomes a resistance in ST.
The ED possibility in Day chart starting from 4770 has the channel support around 5200zone.(5191-MEma)
A weekly sell tomorrow could only generate "relief rallies" from the short term oversold conditions. When a higher T/F is undergoing a reversal attempt, the ST OS remains OS for more time as is being witnessed presently. The success of the reversal will be known only by EOD tomorrow, though bears have been advancing so far.
5290-5310 cluster has failed to hold and the same becomes a resistance in ST.
The ED possibility in Day chart starting from 4770 has the channel support around 5200zone.(5191-MEma)
A weekly sell tomorrow could only generate "relief rallies" from the short term oversold conditions. When a higher T/F is undergoing a reversal attempt, the ST OS remains OS for more time as is being witnessed presently. The success of the reversal will be known only by EOD tomorrow, though bears have been advancing so far.
56 comments:
jai hind master ,dr sir n all
Good Morning Ilango Sir and Friends
TATA Steel chart analysis: CLICK HERE
Good Morning Master & Friends
Good Morning All,
Today's View Updated :-
https://picasaweb.google.com/lh/photo/nBPhFxc3z7jHnWGe-G6pOUACM9AGid8I4Y7IXVH9oh0?feat=directlink
Two Best Rules For Successful Trading:-
1. Initiate position in the direction of trend
near support & resistances.
2. Max stop loss - 20-30 points.
Happy disciplined trading to all.
Have a nice day!
Good Morning Ilango Siir and Blogmates.
Sorry for the typo error. It should be Sir instead of Siir.
Good Morning Ilango Sir & all Blogmates.
Rgds
Saravanan
R/Ilango Sir Namaste n Namaskaar 2 all reader's.
Friends today
is expiry and lets have a contest here.
August Nifty Expiry Guessing Contest.
The rules are simple- There are only 3.
a) Just call out the series close for august nifty future.
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 After 9.15 and before 2.30.
Seniors plz contribute.
Good Morning Master and Copy to All
Namaste Dear Sir and all friends
have a nice trading day and participation in the Contest
Namaste Ilango Sir And All.
Good Morning Sir and dear Blog-mates.
Good Morning Sir and Friends .
NAMASTE ILANGO SIR,
AND ALL MY BLOG MATES
sir ilango ji good morning
Good morning frieds..
gm sir and all dear freinds
Good Morning Gurudev and friends
Master ilango and friends,
Good morning to all
Regards
☺☺
Dear Jiignesh.. Please note my todays expiry view "5285" reason "(pivot+support)/2"
gm dear parimalji, piyush shardaji and cooldentji happy trading to everyone
Namaste Ilango Sir and JN Family.
Created new blog for OI updates. Hope i will able to post OI updates.
Thanks Ilango Sir for your guidance.
Namaste Ilango Sir and fellow bloggers
LV
Open and high same in Nifty Future
Good morning master & JN Family
Have a nice day !
RIL has formed a descending triangle on daily chart support of which come to 775-6. please correct me if i am wrong.
thanks
part booked at 5270 again of jnsar short trade at 100 points would like to resell higher later
NF at 5263 (50DMA), 100DMA is 100 points below this 50DMA
My guess for closure 5300 near 5dema.
Good Morning Ilango Sir and Friends...
good morning sir and all friends.
good morning,seniors..
My Dear Jay Shah
Good Morning
i request you to kindly read the Pre-Market View given by Dear Master quite carefully to take a trade decision.
all the best
breaking 5262 is good for more downsides.
Namaste ilango Sir and Friends,
Today’s quote received :
When you start your day, keep three words in your pocket.
Try, True & Trust
Try for better future
True with your work
Trust on God
The success will be under your feet definitely…..
Master,
"5246-61 is the gap area"
on 3rd Aug Ns closed at 5216 and open on next day is 5261, so the gap in day chart is 5261-5216. please clarify . Thankyou
hi gm to all...nifty aug expiry-5249....reason-nifty downmove wit 37 point per session from 23 aug.....
Gm Master & all my expiry guess is 5190 as it is 61.8% retrace from rise of 5033 to 5448 & 38% retrace of rise from 4770 to 5448.......that is 5190.....thanks
GM Everybody
thanks gauresh59 for the invaluable yet simple tip.
Initial high volume trade is almost @low of the day..5265 and another one @ 5271...
Good Morning Ilango Sir and all Friends.
NiftyNIndia
On Blogger since August 2012
Profile views - 181
Also Very EXCITED since August 2012 :):):):)
Pls dont take offense....just caution to stay calm :):)
thanks parimalji
Dear Ilango Sir.
i am still facing issues in inserting images in new blog.
Sir I will send you an email EOD today with details. Kindly help at your leisure.
Good Morning Dear Mynac
good morning mynac sir
Very Good Morning Everybody....
my nifty expiry guess is 5266 ( This month middle point )
As said..close below 5340...towards 5260/5240..it has entered in lower grid now...5240--5340 will be range for next few days...breaks 5240 ..then 5185
Expiry guess: 5375 (just above WLEMA)
Correction: its should be read as 5275!
My expiry guess 5268....
New Post Done.
channel bottom trendline touched ??
Post a Comment