Thursday, November 29, 2012

Nifty Pre-Market View.

Nifty has moved past "5661" comfortably ahead of month close and likely to protect the same.
Considering a likely week reversal, the upmove from 5595 to today's or Friday's high could be taken as the (1) wave of the 3rd and monitor retracements accordingly.
Opening hour likely to end (iii) and an (a)(b)(c) correction for (iv) is likely to be followed by (v) which could move into Friday. On the other hand, if the upmove sustains continuously, it would mean "waves are sub-dividing" and market is sensing bigger upsides.
These corrections are likely to be 26-46 points range.(Have increased the range considering "expiry")
Moving past 80% 5761 would add to the strength. (BN has done it)

38 comments:

navtash said...

Ilango sir and all

GM

Bala said...

Good Morning, Ilango Ji

J.R.Julius said...

Good Morning Master Mr.Illango, Master Mr.Dinesh Rishi & Blogmates. Have a Happy & Prosperous Day. ♥

✰✰✰ Nifty Spot Scalp Numbers ✰✰✰
↑ Resistance Levels : 5720-5739-5758-5777-5796-5815
↓ Support Levels : 5682-5663-5645-5626-5607-5588

✰✰✰ Nifty Spot Swing Numbers ✰✰✰
↑ Resistance Level : 5738
↓ Support Level : 5675

ℐ.ℛ.ℐulius

Bhushan said...

Good Morning Gurudev and friends

Kumar said...

Namaskaaram GuruJi and Friends

Good Morning

Have a Good Day

Pranams
Kumar

Manish said...

Goodmorning master and all JN friends,

The four most dangerous words in investing are "This time it's different".
John Templeton

Wishing all a Great Learning and Earning session.

Good Luck !!!

deepak pinto said...

Sir
Can u please tell me how u have arrived at R1 and 2 and s1 and 2.
I dropped a TL from 5815 to 5777 the 2 highs of wave 4 , and todays candle if it forms a high will touch the TL at 5753.4 which is very close to R1 marked on TT at 5754.
thanks

sushil said...

good morning master and blogmates

Nilesh Patil said...

Good Morning Master & Friends

AJIT PATIL said...

good morning master and blogmates.

jay shah said...

gm dear sir , all seniors and freinds

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers

LV

saravanan k said...

Good morning Ilango Sir & all blogmates.

Rgds
Saravanan

NITIN KADAM said...

Today's Supports & Resistances :->

Support :-
5688-5715

Resistance :- 5775-5815

Current Trend :- UP.

Strategy:-


1. Buy Near Support Area 5688-5715

Weak Below 5645

Happy disciplined trading to all.
Have a nice day!

amber said...

Sir ILango ji and every one good morning

jay shah said...

dear mohammed javed akhtarji sent u another mail a few days back plz reply when ur free many thanks

jay shah said...

dear anil sent u an email plz reply when ur free many thanks

Parimal said...

Namaste Dear Sir and all friends
Have anice trading day

Jagan said...

Namaste Ilango Sir And All.

Yash and Dhan said...

Good Morning Sir and dear friends.
Have a great trading month expiry day.

Shradha Saburi said...

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

SANPOT said...

Good Morning Ilango Sir and Blogmates.

Dinesh Rishi said...

Good Morning Master and copy to All

Nilesh Deshpande said...

ATR Based Trading Signals

Buy Zone : From 5697.95 to 5683.2

Breakdown below : 5680.25

Breakdown target : 5648.2

Sell Zone : From 5756.95 to 5771.7

Breakout above : 5774.65

Breakout target : 5825.2

sandeep said...

jai hind master rishi ji , julius sir n all

Waquar said...

Ilangoji,

Waves subdividing...how would you label this now ??

DZIRE said...

Namaste Ilango Sir & all members.

wallacebaba said...

GM Every One,

We are in ATR Sell Zone : From 5756.95 to 5771.7

Suraj said...

Good Morning Ilango Sir and All Friends and Seniors

NEVER GIVE UP said...

Good Morning Ilango Sir & All Friends.

Hitendra said...

5771 taken out too.

Ilango said...

@ Waquar,

Shift the blue (i) to 5711 &
blue(ii) to 5698(27th 1.00PM Low)

Ilango said...

ORB break out came @ 5757.

ATR break-out is on the way.

Dinesh Rishi said...

SENSEX is once again 19 years Old

Waquar said...

Thnks ilango ji :-)

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