Wednesday, December 5, 2012

Nifty Pre-Market View.

"5859" was the base from where Nifty started an upmove;
a re-entry opp. was shown @ 2.00PM when 21 hr sma was tested @ 5863.
it, then, paused @ 5880 and moved higher again; moving past 5895 would confirm the 3(v) or the 5th wave.
"5866" is the present 80% mark of the last upmove.
Major resistances comes around 5945.(5855+90=5945 or 5859+90=5949)

35 comments:

Bala said...

Good Morning, Ilango Ji

Prakash C said...

Good Morning Master of Masters.
No words to say. What a selfless service.
May the Almighty give you the strength & sprit for a prosperous endless life.

Nilesh Patil said...

Good Morning Master & Friends,

Suraj said...

Good Morning Ilango Sir & JN Friends

NEVER GIVE UP said...

Good Morning Ilango Sir & All Friends.

saravanan k said...

Good Morning Ilango Sir & all Blogmates.

Rgds
Saravanan

Shradha Saburi said...

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

anmpatel said...

@master
good morning.
on STOCKWEALTH blog there is some mistake in BN JNSAR column. the old JNSAR's and recent is same only date is changed. kindly look. if my mistake pardon me as always. thanks.

ALBELA HOUSE said...

R/Ilango Sir Namaste n Namaskaar 2 all reader's. sorrry 4 missing class.

San said...

Good Morning Ilango Sir and Friends

BANK NIFTY Range Target and resistance line: CLICK HERE

Jagan said...

Namaste Ilango Sir And All.

Bhushan said...

Good Morning Gurudev and JN family

Parimal said...

Namaste Sir Ilango and all good friends
have a nice day of trading

Nilesh Deshpande said...

ATR Based Trading Signals

Buy Zone : From 5859.75 to 5845

Breakdown below : 5842.05

Breakdown target : 5818.1

Sell Zone : From 5918.75 to 5933.5

Breakout above : 5936.45

Breakout target : 5995.1

SANPOT said...

Good Morning Ilango Sir and Blogmates.

Dinesh Rishi said...

Good Morning Master and copy to All

jay shah said...

good morning wonderful sir , all my seniors here and freinds on the blog

Kumar said...

Namaskaaram GuruJi and Friends,

Good Morning.

Have a Good Day.

Pranams
Kumar

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers

LV

Parminder said...

Master ilango and friends,
Good morning to all
Regards
☺☺☺☺

Ilango said...

Second set of 5 waves started from 5880.

The "second set" will have its own corrections.

"First set had corrections of 12 minutes each with "7 points" as corrections."

"First correction of the second set was of 14 minutes with "12 points" as correction yesterday towards close. The second correction is on after which another upmove which will complete the second set of 5s."

And then another swift 5 to complete 3 sets of 5 in an impulsive move.

amber said...

Sir ILango ji and everyone goodmorning

sandeep said...

jai hind master, rishi ji julius sir n all

Prabakar said...

Namaste Ilango Sir and JN Family

Arun v said...

Master, is the second set 5 waves completed at 5917? can we short here for a retracement to 5890?

varun kumar said...

Good Morning llango sir, all seniors & my blogmates

Stockathon said...

Good Morning Ilango Sir & Friends...

abhinav said...

Dear Vanilango Sir,
Just one question, want to know your long term view on market is this start of new bull trend or still we are in correction. When this upmove will finish, again we will start new down leg with target of something around previous low of 4500,or its just a myth now.....

Ilango said...

@ Arun v,

There are 3 sets of "5 sub-waves". 2nd set is on.
And this structure would be valid as long as "5895" is held.

J.R.Julius said...

✰✰✰ Nifty Spot 30 Minutes Opening Range Breakout Numbers ✰✰✰
↑ Buy Zone/Upside : 5920-5939-5959-5978-5997-6017
↓ Sell Zone/Downside : 5904-5885-5866-5847-5827-5808

Intraday Numbers based on 30 Minutes ORB - Levels Clustered for Trailing & Part Booking easily. Stoploss 20pts or 5 mins Chart SUP/RES from entry is reasonable. Personal Decision Advised.

J.R.Julius said...

Good Morning All - Busy(project) till Jan End - Going to Miss you all.

gauresh59 said...

Namaste ilango sir and friends,

Today's quote received :

The greatest challenge in life is discovering who you are.....

The second greatest is being happy with what you find........

Ilango said...

@ Arun v,

Break of "5903" could be construed as completion of 5 waves(aggressively).

SAM said...

DEar Sir any target for RIL ... where long term investor can book

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