Wednesday, November 21, 2012

Nifty Pre-Market View.

Dear Manu Mahajan....Happy Birthday to you.
There is a "Hour channel(5777 to 5548) break out" above last hour high of 5579.
Considering OS +ve div Hour TA & OS Day TA, Longs with a small SL is being suggested.
Nifty has 50DMA @ 5633 & WEma @ 5643 as major resistances. 38% @ 5635.
Holding the "Low emas(5580-85)" would be critical to the initial sustainability of this "suspected reversal".
"5548-5549" suggests of a ST double bottom but in Hour T/F.

52 comments:

viji1975 said...

Dear Manu Mahajan Sir,

Wishing you a Very Happy Birthday

Regards

V.Vijayakumar

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

Good Morning, Ilango ji

NI3 said...

Good morning sir,
It shows 50dma is 5619 in chart ?

J.R.Julius said...

@Mr.Manu Mahajan,
Wish You a Very Happy Birthday.

navtash said...

@Manu Mahajan,

Many Happy Returns of the Day !!!!!

J.R.Julius said...

Camarilla Keylevels - Nifty Spot
H4@5607 ↑
H3@5590 ↓
L3@5554 ↑
L4@5536 ↓

Gann Cluster Resistance/Support for Nifty Spot
Resistance Levels : 5615-5634-5653-5671-5690-5709
Support Levels : 5578-5559-5540-5522-5503-5485

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

Yesterday Taken Support@5550

Today My Swing Trading Numbers 5545↓ & 5620↑

kat said...

Goodmorning Ilango Sir and all the Blogmates!
Very Very Happy Birthday to Manu Mahajan.

NEVER GIVE UP said...

Good Morning Ilango Sir & All Friends.

Happy Birth Day to you dear Manu Mahajan.

Nilesh Patil said...

Good Morning Master & Friends,
Happy Birthday to Manu Mahajanji.

San said...

Good Morning Ilango Sir and Friends

NIFTY Chart analysis: CLICK HERE

saravanan k said...

Good Morning Ilango Sir & all blogmates.

Many many happy returns of the day Mr.Manu.

Rgds
Saravanan

amber said...

Sir ILango ji and every one good morning

Shradha Saburi said...

Good Morning Sir and all the gems of JN
nifty levels updated
http://mahendra-jage.blogspot.in/
regds

AJIT PATIL said...

Good Morning Ilango Sir & all blogmates.

Jagan said...

Namaste Ilango Sir And All.

Happy Birthday to Manu Mahajan Sir.

SANPOT said...

Good Morning Ilango Sir and Blogmates.

Suraj said...

Good Morning Ilango Sir & Seniors

ALBELA HOUSE said...

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

Jiignesh said...

Happy birthday Manu ji

jay shah said...

gm dear sir , seniors and freinds a very happy birthday to dear manu mahajan

Bhushan said...

Good Morning Gurudev and friends

Ajmal Kasab hanged at Pune's Yerawada Jail
http://in.news.yahoo.com/ajmal-kasab-hanged-at-pune-s-yerawada-jail--031157919.html

Let the celebrations begin

Parimal said...

Namaste Dear Sir and all friends
Have a nice trading day.

to curb excessive speculation by small investors SEBI is putting on hold Mini F&O lots in Nifty and Sensex.

Kranti said...

Last two times on 16th & 20th Hrly channel break out didnt sustain . today also it came down into the channel and below Day PIVOT quickly with NF Open / High same

Nilesh Deshpande said...

ATR Based Trading Signal

Buy Zone : From 5543.55 to 5529.55

Breakdown below : 5526.75

Breakdown target : 5498.5

Sell Zone : From 5599.55 to 5613.55

Breakout above : 5616.35

Breakout target : 5666.5

Jagan said...

SEBI Bans Mini-Nifty Contracts.

http://www.business-standard.com/india/news/sebi-bans-mini-derivative-contracts/196595/on

Ilango said...

Resisted @ 21 Hr sma "again" today.

gauresh59 said...

Happy birthday Manu ji

Ilango said...

Weakness would be below "5555" only, 80% retrace of 5548 to 5588 rise.

Currently stopped @ 61.8% retrace of 5548 to 5588.

Yash and Dhan said...

Good morning Sir and dear friends.

Parminder said...

Master ilango and friends,
good morning to all
Happy Birthday Manu Mahajan ji.
Regards
☺☺

gauresh59 said...

Mumbai attacker Ajmal Kasab hanged by neck in Pune's Yerwada jail in secret operation

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers

LV

chetas said...

Sir,

We fell from 5650 to 5549, at retraced 61.8% to 5611 (5614), then again we fell to 5548, again we have retreced 61.8% to 5588,

this selling at 61.8% is it bearish or does it offer any cues of algo based trading ?

gauresh59 said...

Namaste ilango sir and friends,

Today's quote received :

Whenever you pray for others, God listens to you and blesses them.
And sometimes when you are safe and happy, remember that someone must have prayed for you.

chetas said...

Gauresh , thanks for the quote,

good reminder to me, Wish you all the best :)

Kumar said...

Namaskaaram GuruJi and Friends,

Have a Good Day

Pranams
Kumar

Dinesh Rishi said...

Good Morning Master and copy to All

NITIN KADAM said...

Today's Supports & Resistances :-

Support :- 5543 - 5515

Resistance :- 5590 - 5620


Current Trend :- Down.

Strategy:-

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

Break below 5543 is bearish.

Go Short Below 5543 With Small SL.

Crossing 5620 is bullish.

Longs Only Above 5660.

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!

sometimesbullsometimesbear said...

Best wishes for Manu and Tanu both :):) Have a great day.

DZIRE said...

Namaste Ilango Sir & all members.

sandeep said...

jai hind master julius sir dr sir n all.

Mr.Manu Mahajan,Wish You a Very Happy Birthday.

Ilango said...

@ chetas,

Add to that the holding of 5562, 61.8% of 5548 to 5588.

That is why, it is called the "Golden Ratio", one of the low-risk-High reward trading strategies.

Sourav Kundu said...

Friends.. keep an eye on how NS moves when Week JNSAR and Day JNSAR are so close to each other. Do include this occurrence in your study books... something interesting to learn.

J.R.Julius said...

@Mr.Sandeep,
Good Morning - Have a Nice Day.
Jai Hind.

DZIRE said...

Dear Manu ,

Wishing you a Very Happy Birthday !!

Yash and Dhan said...

This is so not good mini nifty was a wonderful instrument for small players better than options.

chetas said...

Thank you sir,

I missed that point, also holding H Lema

J.R.Julius said...

30Min ORB Signal 5589/90 ↑

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