Monday, January 7, 2013

Nifty Pre-Market View.

Your respect and wishes humble me.
Since the low of 5843, Nifty has been making higher lows @ 5880, 5981 and making newer highs. A change in this pattern would alert of "hesitation/ selling pressure", though that need not be a TOP.
More lows need to be broken or 80% retrace need to be broken for confirmations.
Until then, there will be "sell on rises" closer to channel tops (aggressively) and buy on dips closer to channel bottoms (Conservatively).
I'll not be available; share your observations responsibly.

68 comments:

K.srinivasan MGR NAGAR said...

Many more returns (1000) ofthe day ilango sir.

KIRAN said...

Happy Birth Day to you dear sir.

Unknown said...

Good morning Ilango Sir & all blogmates,

Rgds
Saravanan

NEVER GIVE UP said...

Good Morning Sir & All Friends.

AimNifty said...

Good Morning to All

ALBELA HOUSE said...

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

Yogavidya by Parimal Devnath said...

Namaste Dear Sir and all friends
have a profitable day

Anonymous said...

Ilango - Many Many Happy Return of the day.

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers

LV

Arif said...

Ilangoji,

belated B'day wishes.

Nilesh Deshpande said...

ATR Based Trading Signals

Buy Zone : From 5991.15 to 5978.65

Breakdown below : 5976.15

Breakdown target : 5967.15

Sell Zone : From 6041.15 to 6053.65

Breakout above : 6056.15

Breakout target : 6117.15

jay shah said...

gm to dear sir, all my seniors and wonderful people of the blog

amber said...

Sir ILango ji and every one good morning

Natti said...
This comment has been removed by the author.
Smita said...

GoodMorning Sir and JN Family !

veer said...

@All

Can anyone provide me the link as to where to see the History of NAV of L.I.C- MoneyPlus please.

Regards,

Veer

Unknown said...

cautious steps and baby steps time.

Suraj said...

Good Morning Ilango Sir and Seniors

Hari said...

Good morning master & JN family

Have a nice day !

Dinesh Rishi said...

Good Morning Master and copy to all

Yogavidya by Parimal Devnath said...

Dear Friends
kindly help me finding RT link for Amibroker
thanks

Kiran said...

@veer,

On LIC website itself...
www.licindia.in/plannav/plan_navs_history_new.html

rk said...

many many happy returns of the day sir......

veer said...

@kiran

Thank you very much.

Regards,

Veer

Prithvi Raulji said...

Happy Birthday Master.

jagannathan said...

Happy birthday to you sir

Hitendra said...

happy b'day sir

Atharva said...

Dear Master : Good Morning & My wishes on your belated Birthday..

STOCK4SURE said...

a probable +WW developing in BN charts
BN may move up towards 12780-90 range and then may dip again towards 12730-40 range near 2.30pm
to form pt5 of WW pattern
pt6 will be near 12840 tommorow

Sanjay said...

Dear Ilango Sir & Blogmates,

OI Table Update at 11:00AM, VAH:6052, POC-6040, VAL-6025, WPOC-6037, Pivot-6038, VWAP-6049

Evenly matched day till now with PE writers adding at 6000 and CE writers at 6100, with NF hovering around 6050 level…

Thanks & Regards

SUBHASIS MONDAL said...

dear, ilango sir.... sir if any stock moved below month hema ..can i short this stock?

SUBHASIS MONDAL said...

i short crude ........month hema 5117 ..high 5125 now 5109...i short 60min orb range wise 60 min orb low 5110 i short 5109...am i right sir?

Admin said...

Namaste Ilango Sir & all members.

Manish said...

Dear Master,

"Wishing you Many Many Happy Returns of the Day" a little late.

Thanks and Regards Always from the Heart for your Selfless Teachings and Support.

santosh said...

Dear sir, you have supported me when I was lost.Words are not enough to thank you for all that you’ve done for me.Thanks for enlightening me all my way. Have a wonderful birth' Day!.

Manoj Gattani said...

Hi

Can anybody tell what was the low of the last week?

Thanks

Admin said...

@ Manoj

Low of Nifty 5897.15 .

Regards

pravin said...

@Manoj,
Last Week Low: 5897.40

Myfunds said...

Happy Birthday Master

Manoj Gattani said...

Hi

If it breaks morning lows then it will start moving otherwise nothing just IB range.


Thanks

cooldent said...
This comment has been removed by the author.
I Trade 4 Profit Daily said...

Nifty opened right into ND Sir's ATR Sell Zone and has now broken the day pivot. Done 25 points for the day thanks to ATR signals.

Manoj Gattani said...

Looking for possibly a gap down tomorrow

STOCK4SURE said...

PT5 OF BULLISH WW formed in BN charts near 12725
now may move up towards 12780-850-880

Manoj Gattani said...

Gap down to trap the late longs. To give the maximum pain.

STOCK4SURE said...

expecting nifty to close near days high(in b/w 6033-37 range)and a small gapup tomm for trgts 6077

Manoj Gattani said...

Hi Stock4sure

For gap it has to go inside the IB. If not then you can selling in the last hour with resistance at the IB Low

Thanks

Unknown said...

Good place to buy ... SL day's low.

Lakshmi said...

Dear Cooldent


Just now saw your comment. 5880 to 6039, 38.2% retracement is 5978.

Regards

cooldent said...

Thanks for correcting lakshmi.

Admin said...

Important daily levels:

Daily High EMA -- 6008

Daily Low EMA -- 5972

Daily 5 EMA -- 5989

Nilesh said...

closing below dhema 6008 lead to pause of
nifty & it could go for revarsal also pl beware
of this.

Manoj Gattani said...

Hi

Too many people buying the top. The market likes to give maximum pain and there gaps which needs to be filled below. Still 1/2 hr too go.

Thanks

Manoj Gattani said...

Hi

Normally the high/lows made on Monday remains the high/low for the week.

I Trade 4 Profit Daily said...

Nifty from ATR Sell Zone to Day Pivot to ATR Buy zone now.

Kiran said...

Again 5980 supporting N number of times....

Manoj Gattani said...

They will gap down tomorrow and break 5980 if US market falls today.

Akash Patel said...

@S4S
ye kya ho gaya???

Unknown said...

@ANMP: Every system has it's own success ration.

Nilesh said...

look like closing below dhema lead to dlema

Akash Patel said...

i am not blaming.....anybody rajaji

just amazing...that 4th subwave completed.

Unknown said...

NF doesnt took new high in last 2 days (6062 on 3rd Dec), today closing is below DHEMA, is it is the reversal?

Anonymous said...

WISH YOU A VERY HAPPY BIRTHDAY SIR

Lalit said...

Happy Birthday Sir,,,,,,

Jayaraman said...

Good Evening Blog mates,

My understanding about Terminal impulse is posted in my Blog.


Wish you Happy Trading

Asha said...

Good Evening Ilango Sir and all the Blog mates!

A very Happy Birthday to a great Mentor and a wonderful person...
Wishing you success and happiness always.

Theory and Practical on Nifty said...

nifty has some unfinished business around 6085-6125
till that time avoid shorts

Sanjay said...

Namaste Ilango Sir & Blogmates,

Bullish to Neutral: Bears made inroads with a close below 6000 after 3 days, a follow-up action can see good correction or else Bulls will be back to take Nifty to new highs...: Option Analysis for 07-01-2013

Dedicated Option Open Interest Blog

Duplicated at Wordpress Site

Thanks & Regards,

Sanjay Kr Jaiswal

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