Tuesday, November 27, 2012

Nifty Pre-Market View.

Rising 50DMA @ 5657 & MHEma @ 5661 are the two critical nos:
The Cluster of resistances @ 5650 can only be dealt with a gap up;
Staying above 5650 is critical for the current upmove;
the next base no: for an aggressive SL for the longs may be considered as 26th low @ 5623.
The resistance in the TT shows as 5682-98.

43 comments:

choudharydev said...

Good Morning Ilango Sir and all blog mates !
Have a nice day.

choudharydev said...

Good Morning Ilango Sir and all blog mates !
Have a nice day.

Bala said...

Good Morning, Ilango Ji

NEVER GIVE UP said...

Good Morning Ilango Sir & All Friends.

Bhushan said...

Good Morning Gurudev and friends

Nilesh Patil said...

Good Morning Master & Friends

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

Good Morning Ilango Sir and Friends

CNX IT and RCOM Chart analsis: CLICK HERE

J.R.Julius said...

Re-Entry (Repost for the benefit of those who missed)

Mr.Nilesh Patil's Input: I found that many of the JNSAR Traders may not get proper reentry with your premarket view or they are hesitant to take a reentry with 2nd lot. For those traders/ learners, I found one simple method to get reentry with JNSAR 2nd lot. When you are in the position of JNSAR & 1st lot booked, to initiate 2nd lot reentry, do settings 21ema and 34ema on 5 min. time-frame. When EMA's gives cross to downward then wait to give candle close below the 21,34. Take the trade in short. SL is above 21,34 ema close candle of swing high. For buy position, vice versa. This gives the trader a good reentry point with proper SL. of 10-15 points and thus he/she can get confidence on taking reentry on JNSAR.


http://www.mediafire.com/view/?myfiles#dagl84b4p733l06

Shradha Saburi said...
This comment has been removed by the author.
Shradha Saburi said...

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

Prabha Gopalkrishna said...

@Julis Sir,
The link is not opening... please check it..
Thank you..

Good Morning Master and Seniors...

saravanan k said...

Good Morning Ilango Sir & all Blogmates.

Rgds
Saravanan

Jagan said...

Namaste Ilango Sir And All.

AJIT PATIL said...

Good Morning Ilango Sir & all Blogmates.

jay shah said...

a very good morning to dear sir , seniors and all my freinds on the blog

deepak pinto said...

Sir
The more deeper one looks at charts the more they begin to reveal sense in the seemingly chaotic movements.As though they are being drawn by single mind ! of the multitude.
u have earmarked wave 4from 5815 to 5548 and nifty has yesterday stopped at exactly 38.2.
Next up is 50 % of wave 4 at 5681 (week hema).
it is this leg up which will be the decider as it is 3 of 3 of the larger 5. it is the right wave to break thru the resistance band 30-50 and golden ratio.


J.R.Julius said...

@Mr.Prabha,
Working for Me!

Anyway alternate link to download
http://www.mediafire.com/?dagl84b4p733l06

Dinesh Rishi said...

Good Morning Master and copy to All

Parimal said...

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

amber said...

Sir ILango ji and every one good morning

SANPOT said...

Good Morning Ilango Sir and Blogmates.
Sir, I have sent you a mail. Please check.

Kiran said...

It will be interesting to see what 5700 CE writers going to do... Only 2 trading days for expiry...

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers

LV

sandeep said...

jai hind master rishi ji, julius sir n all

Shradha Saburi said...

exited from all longs !!
will re enter at the appropriate level
regds

Piyush Sharda said...

thank u kumarji, jayaraman,suraj and mynac

deepak pinto said...

3 of 3 of 5 , running train mob driven , no brakes but caution no driver too!!

NITIN KADAM said...

Today's Supports & Resistances :->

Support :- 5614-5644

Resistance :- 5688-5716

Current Trend :- UP.

Strategy:-

1. Buy Near 5635-5644

Weak Below 5600 -
Short Only Below 5575

Happy disciplined trading to all.
Have a nice day!

Dinesh Rishi said...

15 Nov Gap is fulfilled and NF @ Channel Resi

deepak pinto said...

sir
nifty has reached 1 point distance from entering into wave 2 of the c of the ABC decline of wave 4
at 5693.5.
stop reverse and proceed ?

Parimal said...

My Dear Julius
Good Morning
SBI: coming up to resistance line at 2115-6-- 200DMA.
BhartiAirtel has been consolidating for last 5 sessions (probable 4th wave, bullish flag) and is above 200DMA. On hrly chart it might have finished 2nd wave.

J.R.Julius said...

Ooops Closed All Longs Yesterday Due to Inside & Confusion.

J.R.Julius said...

@Parimalji,
Yes.. Thanks for the Alert...

Parimal said...

Nifty above center line of BB and 50DMA at this moment. let us wait for some retracement to come.

Parimal said...

NF is at 50% retracement level of the fall from 5810 to 5565.

gauresh59 said...

Namasthe ilango sir and friends,

Today's quote received "

Sunshine is delicious,
rain is refreshing,
wind braces us up,
snow is exhilarating,
There is Really no such things as bad weather.
Only different kinds of good weather.

Similarly....similarly..,
Whatever may be the trend …. whether bullish or bearish……

Any kind of trend is a good trend for trading purpose,
Provided a trader remains disciplined and determined….!!!

anmpatel said...

good morning all

can anybody tell me BN trendline resistance?
thanks.

Parimal said...

My Dear Sir Ilango
you clarity regarding base formation at 5594 has worked well.
thank you Sir

earn/share.com said...

29nov2012 nifty close at 5720

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