Monday, November 5, 2012

Nifty Pre-Market View.

Wk.pivot @ 5664/ Mth.pivot@5673 are the supports.
Despite the gap up, Nifty held onto the first hour low,5683, throughout which is another support.
Holding above these during the correction for the hour TA would keep upward bias.
A move past 5726-R2/ the prolonged trading range's upper resistance would give momentum.
Keeping below 5726(For BN 11545 or 11600), there would be correction for the day.
Trade accordingly.

35 comments:

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

Good Morning, Ilango Ji

San said...

Good Morning Ilango Sir and Friends

Nifty Chart analysis: CLICK HERE

Nilesh Patil said...

Good Morning Master & Friends

jay shah said...

gm dear sir, senoirs and all freinds of the blog. wow sir what a clear, precise and simple premarket analysis

saravanan k said...

Good Morning Ilango Sir & all Blogmates.

Rgds
Saravanan

ALBELA HOUSE said...

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

AJIT PATIL said...

Good morning Ilango sir & all blogmates.

J.R.Julius said...

@Master Mr.Illango,
I wonder there is no Label available in JN blog for Fibonacci Trading except 80%

!!!

deepak pinto said...

Sir
Nw analyis
ABC zz correction over ending at 38.2 of pricewise of the impulsive five from 5217, and 90% time wise. THe correction took prices just below the 4th wave which is the minimum correction in a extended 3rd impulse.
in the ABC, Time wise B was 2.618 of A and C. and A=C.

importantly nifty bounced impulsively from the end of C breaking the downsloping 0-B TL.
so region around 5657 becomes a good buy point with 61.8 at 5640-47 a good SL.

Parimal said...

Namaste Sir and all friends
have a nice day of trading

deepak pinto said...

TO BE READ AS
region around 5657 (jnsar) becomes a good buy point with 61.8 at 5640-47 a good SL

abhinav said...

Dear Ilango Sir,
Could there be expanding triangle in wave B and Wave C still pending in NIFTY......

mynac said...

Since 31st Oct.oversold Hrly.data helps Bulls for come back...
Today..Shall it hope & helpful for Bears?

prakashbkc said...

GM Master, seniors & blogmates,

Master, How u concluded Fast rise in day chart?

Suraj said...

Good Morning Ilango Sir & Seniors

DZIRE said...

Namaste Ilango Sir & all members.

amber said...

Sir ILango ji and everyone good morning

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers

LV

sudharsan said...

Good Morning Master and Friends

Dinesh Rishi said...

Good Morning Master and copy to All

mynac said...

Almost 2 lac O.I.addition in 5700PE in first 10 minutes

Hari said...

Good morning master & JN family

Have a nice day !

shriram said...

Morning Master & JN Family

Week leading up to diwali , cant wait to see how it pans out, trailing for now wid 5DEMA :-)

Have a gr8 trading day!

cheers

Nilesh Deshpande said...

Click Herefor ATR based trading signals.

Buy Zone : From 5668.7 to 5654.2

Breakdown below : 5651.3

Breakdown target : 5606.05

Sell Zone : From 5726.7 to 5741.2

Breakout above : 5744.1

Breakout target : 5780.05

Parimal said...

NF hrly: 21HRSMA crossover on 34HRSMA has occured on 2.11.12 itself. may this give confirmation today.
Dear Master has projected a target of 6000 marks (5th wave) on weekly chart.

Yash and Dhan said...

Good Morning Sir and dear friends.

NEVER GIVE UP said...

Good Morning Sir & All Friends.

Parimal said...

My Dear NEVER GIVE UP
Autobiography of a Yogi is not just another book made of paper. it is living MASTER YOGI communicating to a student. that is my feeling. you can have yours

Buy and Sell Nifty said...

Is it a bear setup on stochastics in 5 day 5 min nse chart ?

Suraj said...

Dear Parimalji,

I have read 'Autobiography of a Yogi' a few times in last 20 years. simply a masterpiece.

Regards
Suraj

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