Monday, December 3, 2012

Nifty Pre-Market View.

Nifty would confirm a ST correction only below 5864 & 5857.
An irregular "intraday correction" that ended on 30th @ 5857 started the next upmove which could take Nifty towards 5910-5925-("i" being 5857 to 5883; "ii" being an irregular again @ 5883-5878-5885-5876 and poised to start the "iii"rd unless breaks 5864); Make your entries accordingly.
Break of 5857 or the 80% of the last rise would signal a ST correction.
Immediate resistance could be around 5910-5925.

36 comments:

anmpatel said...

@master
good morning.
is there possibility that sub wave 5 also subdivide? thanks.

NEVER GIVE UP said...

Good Morning Ilango Sir & All Friends.

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 : 5863-5882-5901-5921-5940-5959
↓ Support Levels : 5825-5806-5787-5768-5749-5730

✰✰✰ Nifty Spot Swing Numbers ✰✰✰
↑ Resistance Level : 5900
↓ Support Level : 5828/5776

Camarilla Keylevels - Nifty Spot
H4@5911 ↑
H3@5895 ↓
L3@5863 ↑
L4@5847 ↓

ℐ.ℛ.ℐulius

Nilesh Patil said...

Good Morning Master & Friends,

Shradha Saburi said...

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

Amol Sharma said...

Good morning Sir and all

Sreyoskar Saha said...

Good Morning Sir and Blogmates. I think NIFTY may correct more timewise rather pricewise.

saravanan k said...

Good morning Ilango Sir & all Blogmates.

Rgds
Saravanan

SANPOT said...

Good Morning Ilango Sir and Blogmates. SGX Nifty 5920.

jay shah said...

gm dear sir , seniors and freinds prosperous new trading week to one and all best wishes

Bhushan said...

Good morning Gurudev and all JN family

Parimal said...

Namaste Dear Sir and all friends
Have a nice trading day

Nilesh Deshpande said...

ATR Based Trading Signals

Buy Zone : From 5848.85 to 5833.35

Breakdown below : 5830.25

Breakdown target : 5785.25

Sell Zone : From 5910.85 to 5926.35

Breakout above : 5929.45

Breakout target : 5971.25

Jagan said...

Namaste Ilango Sir And All.

sudharsan said...

Good morning Master and friends

deepak pinto said...

Sir
nifty is impulsing a 5th of a larger degree and as suggested by you all corrections are bought into.
possible targets
if wave 1 is from 4770 to 5198 then 100% of this would 5548 to 5968
if wave 1 is from 4770 to 5348 then 100% will be 6129
however it is important to remember that the minimum targets of wave 5 are achieved and signs of reversal need to be watched

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers

LV

Dinesh Rishi said...

Good Morning Master and copy to All

amber said...

Sir ILango ji and everyone good morning

hbk said...
This comment has been removed by the author.
hbk said...
This comment has been removed by the author.
hbk said...

@ nilesh ji in the link the break out & break down has different targets from what you have mention here please correct that.....thanks

Parminder said...

Master ilango and friends,
good morning to all
Master Today Bank nifty has made a low of 11805 in future

gauresh59 said...

Namasthe ilango sir and friends,

Today's quote received :

Life is all about timining...
The unreachable becomes reachable,
The unavailable becomes available,
The unattainable becomes attainable...
Have patience and wait it out...
It's all about timing only ...nothing else..

Ilango said...

Weakness starts below "5880".

Prabha Gopalkrishna said...

@Deepak pinto...
Master when he saw a big candle...he has termed it as big...As the week macd as turned positive...its a big wave...

Kumar said...

Namaskaaram GuruJi and Friends,

Good Morning.

Have a Good Day.

Pranams
Kumar

ITradeForProfit Daily said...

@hbk

ND Sir's site is dynamic and targets keep getting adjusted. FYI.

J.R.Julius said...

Modified:

✰✰✰ Nifty Spot Scalp Numbers ✰✰✰
↑ Resistance Levels : 5891-5910-5929-5948-5968-5987
↓ Support Levels : 5850-5833-5814-5795-5776-5757

rajapvt said...

Are we all set for the correction?

J.R.Julius said...

@Mr.Piyush,
1hr Candle may be a Fakey Bar. If formed successfully spot 5851-5856 SELL signal.

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