Tuesday, November 20, 2012

Nifty Pre-Market View.

Dear Dinesh Rishi,
I consider you one of the most mature traders & a fine human being. Though we have never had a telephonic talk & not exchanged email exchanges (barring work related), I want you to know that you are held in high esteem. Your presence here have always added value to many readers. I need not vouch for that but the beneficiaries would.
There are always frictions in relationships...there are differences in interactions.. I always remember my "Vivekananda Vidyalaya's most important teaching of remaining like the water on a lotus leaf". Hence, I have maintained a distance from market men...to safeguard myself from even the good intentioned readers.
I want you to get to that stage of "detached attachment" in all your undertakings.
Ultimately, your work will speak louder.
Stay....& spread your goodwill all over.
----------------------------------------------------------------------------------
Nifty has closed below 50DMA for two days now.
A close below it for the 3rd day would be considered bearish.
Oversold hour with +ve div would result in bounces and it is to be seen whether that would affect the day TA for the immediate ST change.
The most important Technical event would be "a change in week TA before it damages the month TA".
Trading longs below averages carries tremendous risk. Understand & trade those counter trend moves.

59 comments:

Shradha Saburi said...

Good Morning Sir, and all the gems of JN

Prabha Gopalkrishna said...

DR Master/Brother,
We are blessed to have you here...Please continue to visit ....so that we remained blessed always...

Good Morning Master and all.

kat said...

Goodmorning Ilango Sir and all the blogmates!

Bala said...

Good Morning, Ilango Ji

DR Ji,

Pranaam.

It is not expected of you. I fully agree with Master Ji. Please stay on... I enjoy your contributions :)

In fact, once in a while, such funny people and their input, I take them to distress and laugh loudly..they really entertain the readers..

Please stay on...

saravanan k said...

Good Morning Ilango Sir & all Blogmates,

DR Sir,
Compliments for your kindness & Guidance for young & new Traders. I have observed your Silence & matured comments that nourishes new Traders.

Rgds
Saravanan

Shradha Saburi said...

nifty levels are updated on the blog.
http://mahendra-jage.blogspot.in/2012/11/trend-of-nifty-levels-all-in-spot-for_19.html
regds

jay shah said...

gm dear sir , seniors and blog freinds

Raghavendra said...

Illango sir,

Request you to post Nifty and Bank Nifty TA files when you have time to JN google group

Raghavendra

AJIT PATIL said...

Good Morning Ilango Sir & all Blogmates.

Jagan said...

Namaste Ilango Sir And All.

jay shah said...

gm dear drji, u have been a tremendous help to many please stay on dear sir we need u

saravanan k said...

DR Sir,

I am not an active Participant in this Blog sue to my Work activities, I some times read all the comments, mostly go through Ilango Sir's & your Comments. It is sad that you have taken such a decision, My wish will be one among all Blog members wishes that you stay here for the timely humorous comments & guidance for the new comers as well as seniors. Ilango Sir has rightly pointed & wish you should reconsider your decision.
Pls stay with us...

Rgds
Saravanan

NITIN KADAM said...
This comment has been removed by the author.
NITIN KADAM said...

Today's Supports & Resistances :-

Support :- 5543 - 5515

Resistance :- 5590 - 5620

Current Trend :- Down.

Strategy:-

- For Flat to Positive opening :-


If Resisted & Sustaining below 5590 or @ 5618- 5620, Go Short With Small SL.

Crossing 5620 is bullish.

Longs Only Above 5660.

- For Flat to Negative opening :-

Break below 5543 is bearish.

Go Short Below 5543 With Small SL.

Possible Movements:-

Bearish :-


1. 5571( Yesterday's Close ) < = > 5590 < = > 5543 < = > 5515 < = > 5455

2. 5571( Yesterday's Close ) < = > 5590 < = > 5618< = > 5543 < = > 5515 < = > 5455

Bullish :-

1. 5571( Yesterday's Close ) < = > 5590 < = > 5618< = > 5660 < = > 5690 < = > 5735

Happy disciplined trading to all.

Have a nice day!

saravanan k said...

typo error, Pls read as due to my work activities.

Jiignesh said...

Hamare DRSIR ka jawab nahi

Parimal said...

Namaste Dear Sir and all friends
have a nice day of trading

Nilesh Deshpande said...

ATR Based Trading Signals

Buy Zone : From 5542.4 to 5527.9

Breakdown below : 5525

Breakdown target : 5517.8

Sell Zone : From 5600.4 to 5614.9

Breakout above : 5617.8

Breakout target : 5691.8

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers

LV

Parminder said...

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

SANPOT said...

Good Morning Ilango Sir and Blogmates.

NEVER GIVE UP said...

Good Morning Ilango Sir & All Friends.

Parminder said...

Dinesh ji,
I dont know what has cropped up in last few days but u r a fine and mature person and we all need u.
For SOMEBODY U cant leave EVERYBODY.
Regards

ALBELA HOUSE said...

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

amber said...

Sir ILango ji and every one good morning

Parimal said...

For living a good and joyous long life, one may like to strike a balance between Lakshmi and Sarasvati. Only Lakshmi and no (or minimum) Sarasvati will make us Chaddas (brother spraying bullets in brother's chest for 'more'). Similarly, only Sarasvati and no (or minimum) Lakshmi will turn us paupers, living life difficult.
Balance is difficult, but most desirable.

manojag said...

Dear DR,
Was it the 8 P.M. effect yesterday:-D??
Just a thought that I recently read:
"There are flaws and shortcomings in every organisation,family and individual. Any simpleton can point out what,s wrong. If I am looking for faults, I will find them. It is no badge of Honour to be a 'fault' finder. It takes an 'able' minded and 'noble' hearted person to be a 'good' finder".

There will always be people who will question the motive of a person who is doing selfless service. So do not let this disturb your mind.Just keep doing what is right.
Hope to see you sharing your thoughts here as usual.
Cheers!

Parimal said...

NF at the resistance point-- 21HrSMA -- 5610.
then comes 34HrSMA at 5647.

DZIRE said...

Namaste Ilango Sir & all members.

numchar said...

For DR Sir in DR eeshttyle :)

http://www.youtube.com/watch?v=jXdTVW_3Cv4

Journey should continue ..and its blessing to have like minded peoples travelling together .

Nilesh Patil said...

Good Morning Master & friends

Kranti said...

Dr Sir.. we miss your image links..This is for you

Dr & market

http://www.cartoonstock.com/cartoonview.asp?catref=tmcn1293

Shradha Saburi said...

Dear friends.
I feel proud to say that the Just Nifty blog, a small of idea of Shree Ilango sir has become the very big concept. When I see it, I feel, it has become a big tree standing firmly in all weather.
It has big branches. Every branch represents the different departments eg OI section, camarilla section. Pivot and resistance support section, ATR method Section etc etc… above top JNSAR section. Every morning my friends come and perch on the different branches and they happily do the chitchats and eat the fruits. In this way this tree is growing bigger and bigger. In making it big, everybody is precious as like gems ( so while greeting I call you ‘Good Morning Sir, and all the gems of JN’) their thoughts are important, may he be Shukla or vadhya. Their ideas are valuable and this is done under precious guidance of Shree Ilango Sir and some of my selfless colleagues. If I write their names, list may be endless.
Friends, In Good feeling there are bad feelings also.
जें खळांची व्यंकटी सांडो । तया सत्कर्मी- रती वाढो ।
भूतां परस्परे पडो । मैत्र जीवाचें ॥
May the sinners no longer commit evil deeds, may their desire to do good increase, and may all
beings live in harmony with one another.
This is What Saint Dyaneshwar said in his Pasaydan(world Prayer) to the Lord . We also expect the same thing.

ITradeForProfit Daily said...

Nifty touching outer boundary of ND's ATR Based Trading signal and retreating.

Kranti said...

Very beautifully put Shradha Saburi

kalchanakya said...

Good Morning Mynac Sir,

Thanks for the guidance,eagerly waiting for your next comment.

mynac said...
Even if there shall be any fall ahead then also either today or tomorrow atleast one attempt towards 5595 would be there.

November 19, 2012 2:18 PM

Mohammed Javed Akhtar said...

Hey what's this? DR Boss getting sentimental after an argument with Rajiv Sir? I know both of these fine gentlemen through chats, e-mails and few telephonic conversations. Both are highly intelligent, mature and well accompolished in their respective fields of endeavour.

And if I remember clearly, Rajiv Sir, had travelled all the way from New Delhi to Jagadhri (Yamuna Nagar, approximately 200 KMs) to meet Dr Boss. Such was the respect and understanding between the two.

Now I most humbly request both of these gentlemen to come together and forget all their differences, because as Homer said, "“For a friend with an understanding heart is worth no less than a brother”

Yash and Dhan said...

@ DR sir
Please....dont go!!

Parminder said...

Janab Md.Javed AKhtar ji
Good morning sir
Regards

STOCK4SURE said...

yahoo charts have started to work now can we expect niftyto show some volatility
astro time after 10.48am

sandeep said...

jai hind master julius sir n dr sir n all .
dr sir request not 2 leave ur one of the jewels of justnifty we all respect u . pl dr sir ab maan jao

STOCK4SURE said...

DR sir,
sher kab se jungle chod ke jaane lage??
is jungle mai aapki zaroorat hai

Suraj said...

Good Morning Ilango Sir & Seniors

Mohammed Javed Akhtar said...

Good Morning Parminder Sahab,

Please request DR Boss to return.

Thanks

cooldent said...

DR sir

http://www.youtube.com/watch?v=wqbbILfdw94

anmpatel said...

@DR

on lighter side:

comeback with some dhamaka in banknifty and show who you are.....

chetan said...

@ OMG (DR sir)
please come back.

Piyush Sharda said...

requesting ur presence dinesh bhai.

Manish said...

Dear Master DR Ji and all JN friends,

My Father always used to say : This too shall pass.

Firmly believe on this.

Time is a big healer.

Wishing all Great Learning and Earning today.

Good Luck !!!

shriram said...

Morning JN family,

Looks like DEMA is resisting the bounce..

DR bhai --> ???

rajapvt said...

@Shriram: Expect the bounce :-)

gauresh59 said...

Namaste ilango Sir and Friends,

Today's Quote received :

Learn from The Lotus....
Holds the water without attachment.
Releases the water without detachment.

Allows the water in non-attachment.

Shradha Saburi said...

Oh one of department of JN I forgot to mention is
the Quote section
and HOD of Dept. is
Gouresh59!

Sanjay Jaiswal said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, VAH:5593, POC-5583, VAL-5573, WVAL:5594, Pivot:5585, VWAP:5604

Fight on for dominance at 5600 level, right now evenly matched with addition of around 5 lacs in both CE and PE…

Thanks & Regards

Gita said...

DR Sir,

As Parminder said "For Somebody please Dont leave everybody".

If you leave we need at least 10 members to do one part of your work (to keep this temple clean)

I have bought "Autobiography of a Yogi" thru the link you have posted and started reading ..already I'm seeing things slightly differently..

These are just couple of impacts that you can bring into our lives.

Thanks and awaiting your comeback post.

Dare said...

Dear DR,

don't know what hurt u...

but honestly i read ur and master comments.. they are really informative..

i am writing one of famous dialogue of movie 'Guru'
just for u:
Gurukant Desai: There is a saying in our village: "If people say bad things about you, you must be doing something good."

with best wishes.....

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