Nifty has cleared the smaller retrace negation point @ 5947.
Hence, it is heading towards the larger retrace for the 6112-5854 fall @ 5983(50%) & 6013(61.8%).
Previous supports turned resistances would be in the zone of 5979-91.
Monitor the retrace for the last rise from 5883 to 59XX to manage your trades.
Day TA has reversed with advance clues from technical indicators. However, week needs to signal a reversal with a close above 5942 by Friday.
I'll be away for the day.
Hence, it is heading towards the larger retrace for the 6112-5854 fall @ 5983(50%) & 6013(61.8%).
Previous supports turned resistances would be in the zone of 5979-91.
Monitor the retrace for the last rise from 5883 to 59XX to manage your trades.
Day TA has reversed with advance clues from technical indicators. However, week needs to signal a reversal with a close above 5942 by Friday.
I'll be away for the day.
142 comments:
@ Satheesh,
Request you to download the "Hour data" for the day and mail it.
Dear master and all JN Friends,
Goodmorning and have a fruitful Day !!
DR Ji Many congratulations on Clearing the NCFM.
Regards!
Sir
Something wrong with the aggressive trade levels
Good Morning, Ilango Ji
Good morning Ilango sir & all blogmates.
sir ji,
aggressive trade data is of yesterday.
the pivot point for 2day is 5923/25
Good Morning Ilango Sir and Friends
NIFTY Resistance levels: CLICK HERE
Good morning illango sir & friends
good moring all master and frnds
illango sir as per table i hv take position in option nifty 6000 call & put short and next month 6100 call and 5900 put buy now i am in 2000 profit on 40000 investment so pls any idea on nifty range as per table
Sir
some interesting observations of nw
the bowtie had completed between 5823 and 5841 from 3rd dec to 21 dec 2012.
the bottoms on this formation were
5854 5839 5823 5842
the tops were 5926 5965 5949 5939
now look at where nifty made the last significant low 5954.
look at where nifty resisted 5948 and closed yesterday 5939.
since nifty is suggesting an upmove we could consider the tops as significant resistances. and a move above 5965 as a breakout.
also nifty has shown signs of a impulsive move forming from 5854. a impulsive 1st 5854 to 5999
then a irregular c failure flat.
5899 to 5878-a
5878 to 5911-b
5911 to 5833-c
and then the 3rd impulsive starting yesterday.
if this is true then we must have a break out of 5965 which will pave the way for another high.
bottom line longs above 5925 with caution at 39 49 65 will stay with the trend and is perhaps the way to go.
good morning master and blogmates
R/Ilango Sir,Namaste n Namaskaar 2 all reader's.
Namaste Ilango Sir and fellow bloggers
LV
Sir,
Aggressive trade range not updated. Plz check
Namaste Dear Sir and all friends
have a nice day of trading
Good Morning Master and Seniors...
Good morning ilango sir & friends. Thanks for pre markt view. Happy trading for all.
Good morning sir & friends.
Sir as mentioned will b away.
Sir ILango ji and everyone good morning
http://2.bp.blogspot.com/-56wZChcscu0/USNgdHn8pJI/AAAAAAAAAzk/zAkAaM5wAJM/s1600/S&P+CNX+Nifty(5+Hours)20130219191047.png
http://2.bp.blogspot.com/-aWdq423-5j0/USNqnP61w0I/AAAAAAAAA0M/7MustyDPtzU/s1600/S&P+CNX+Nifty(15+Minutes)20130219194204.png
Good Morning Master & Friends
Looks like resistances on the way are difficult to cross.
5911 holds the key for longs .... below that deep correction probability opens ...
Acc to camrilla, 5933 is tgt of nf as below 5973. in b/w 5947.
GM sir nd friends :)
DR - ji - congrats.. me too cleared NCFM I am a poor student so (NO COURSE FOR ME ) :D
Hiten - ???me expecting Nifty future 84/90/95 after some correction or grinding. good opening easily 5960 will not give up SPOT let us see. MY SL is 5937 @ EOD
Parimal/NI3 - my SL hit @ SUNPHARMA :P :(
@Sujatha: Congratulations to poor student :-) Student poor but rich trader.
nifty perfect sandwich toast between 5900 and 5600 in this series.
Nifty has formed H&S pattern.
Good morning master & JN family
Have a nice day !
SunPharma: my understanding is that long may be avoided. retracement is overdue.
Good Morning Master and copy to All
Thanks to all for their wishes :D
Suja sis,
late to see ur msg.
if 5947 is hold, i m expecting 72/79/88/93/6004
Good Morning Master and Friends...@.Parimal your views on Tata motor pls
hiten - mm.. NF weak below 5950 i think it may give one fast down below 5950 level and bounceback?? hence done one ulta trade with TSL (inra )
Goodmorning ji and all
nifty INs 5937 SS 5916 nifty may tuch 5937 and take U.
@ Sujatha Maam thanks
Dear Ilango Sir & Blogmates,
OI Table Update at 11:00AM, Pivot-5934, ATP-5963, VWAP-5963
Looks like Nifty will be range bound for the next 2 days within 5900-6000, with 5900PE writers better placed, but upside looks capped around 6000…
Thanks & Regards
@Sujatha Sis,
You don't need any Certificate. You are total institution.
Infy: After a quick rise now facing resistance -- earlier high level.
@.Parimal your views on Tatamotor pls
Infy (future): one may like to wait for retracement. has good support at 2750.
Namasthe ilango sir and friends,
Today's quote received :
Fear has two meanings.
Forget Everything And Run
or
Face Everything And Rise
The choice is yours...!!!
TataMotors: at 334 5 wave up done, followed by corrective 'a', at present corrective 'b' in place.
possibility of 5962ns near 12.00-12.10 noon
CNX Midcap Index has recaptured significant level of 8000, at present 8100. how long this can be maintained is to be seen.
Recent upside in Nifty has major contribution from RIL, sudden and robust surge.
Gauresh ji - gm as usual good one
NI3 - sorry i didn't mention the series am talking about "march series"
shhhhhh downside is not enough... need little more downside and trading below SPOT 5959 is weak. let us see.
Colpal: has strong support at 1300, reversing from this level. watch out for this level again.
Thank you Parimal
Parimal ji,
On Tatamotors :
Auto Index & Bank Nifty has similar chart to Nifty through the upmove from Jan'12 with a Ending diagonal / Bearish Wedge pattern.
Both the Indexes completed the pattern and had a violent fall from Jan mid.
Tata Motors week chart is damaged....with faster retracement from last upmove from 285 to 334. Like Wave 1 ended at 268, we are now in wave 2. Resistances around 313 to 316 to this upmove. Wave 3 will target 240 levels. A close above 316 will negate this pattern.
Also remember on very Long term Weekly chart Tata motors been in a wedge with upper line at 345-350 levels....with a 5th wave failure at 334.
Need to cautious on both the Auto & Bank Nifty Index stocks.
Raghavendra
Your blog is very useful to all the people especially for stock user. So much important information is there in your site.....Nifty Tips
Hi Raghavendra
thanks for the details on TataMotors. Auto sales have been severely dented. even then, shorts are not safe, i think.
Yet, for long term 4-5 yrs, TataMotors is a very good investment.
Nifty: after 5 moves down, a-b-c done it seems, one of the views of Sir Ilango.
Parimal ji,
Not sure from a Long term investment, but if Ilango Sir count of Big "C" is underway will not be surprised to see Tata Motors well below 200 level during this calendar year.
Personally, I would chose Petronet LNG as a good long term investment.
Price reached supports EMA supports on 89 WEMA @ 148, 21 Month EMA @ 146.
On EW Terms, looks like Wave 5 is underway from 115 levels, and we are starting Wave 3 of Wave 5. Very nice charts .
Raghavendra
Parimal ji,
One more stock based on Patterns is DLF...Nice Rounding bottom structure over past 1 year charts for week and Day TF.
Break out above 280 , patter target is 360.
Raghavendra
anybody shorted alert @ Nifty future @ 5922/21 can touch and bounce or touch 5900
Suja sis,
Looking to dollar move , NIFTY will move up by EOD.
38% of retracement from 5884 to 5971 done at 5939 ...
NS taking supp at 55ema in 5 min charts
G.Afty Master & JN Family,
4th wave on NS . If 5940 holds today, can finish the 5th near 5980-5900 tomorrow
Have a gr8 day!
5980 - ** 6000
hiten - mm..my assumption is that's breakout area... hence chances for touching onceagain and bounce back before 2 pm is my "ulta pulta thinking" :) as usual
@Sujatha: Have you visited wave gods today? :)
considering 45 pt intraday range in nifty and considering if highs had been made then ns may test 5926ns
or if lows made near 5939ns then may move up towards 5984
@ all,
When the last journey became a festival
87-Year-Old Social Worker’s Body Donated To Sola Medical College, ahmedabad.
http://mytradingmystocks.blogspot.in/
Suja sis,
5923 is pivot.
cam LONG L3 level is 5933.
will create long with sl of 5913 in nf.
S4S,
Yesterday range was of 70 points.
60 points is OK.
If so it matches to Suja sis level.
Hi Raghavendra
thanks for DLF, 280 is the last top. breakout is logical.
one stock: Wockhardt, long term 'investment'. buy on correction.
Dear Ilango Sir & Blogmates,
OI Table Update at 1:00PM, Pivot-5934, ATP-5961, VWAP-5961
5900PE Writers have added more than 12 lacs and seems like the level is secured for the day, range now shifing to 5900-6000 for the time being…
Thanks & Regards
it has been ages since we saw BN doing a 300-400 pts in a day UP/DOWN - DR is not pushing it enough :-)
@gauresh
i am from indore
a dear friend to my father, his friend mr. jawahar pipada died day before yest.
respecting his last wish, family people donated their body to govt. medical college for researches
may god give the departed soul, peace and also strength to family to bear this shock
now a days, people are becoming more and more aware of donating their vital organs and even whole body to others or for research purpose after death.
good tradition, i admire, appreciate and adore.
OM SAI RAM
@ rochak parekh,
Yes, there should be more and more awareness for such organ and body donations in society and must encourage such acts so as to inspire other persons for donating.
Premium is increasing.
Nifty hrly has made a double top pattern at this level.
Suja Sis,
Looks lackluster day.
Last few days, nifty not stayed +2 days in same direction.
Today is the third day if remains up by EOD.
an inv H&S developing in ns 5min charts
may dip towards 5945 to form RS
then break abv 5956 may trgt 5974
hiten - still holding my ulta position as 5984 not taken out decesively (future)it's weakness so as SPOT 5959 should taken out..morning opening it has done. open/high - just bit same in spot and future..mm.. donno wat's folding for me slap?? or sweet?? v r n non-trending mkt..and rangebound too
Nifty: day chart, price has entered Kumo (cloud) indicating consolidation. future Kumo is taking a turn implying probable bearishness.
We also provide Equity Tips, Cash Tips, Free Share Tips, Intraday Free Tips, Stock Intraday Tips, Trading Tips, Intraday Tips just click on Equity Trading Tips, Free Stock Market Tips and get Free Trading tips
Suja sis,
yes rangebound.
but u may be benefited by ur uilta trade.
may b idli. not dosa.
2.30 onwards may b in 1 direction.
hiten - shhhhhhh some calculation in mind..if EOD future is close below 67/52 means i will make it from intra to positional :P but scary of S4S :( this 52 is hardnut..somebody should break it with hammer
parimal ji - tks
still chances for SPOT 38/33/25 if 5959 not taken out spot
@Sujatha: looking for 598x/601x,,, please ...
In Sir's TA charts, Hourly overbought while Day above midpoint, Week in oversold but not turned up. Hourly cooling down good for another blast up towards 6K? Leaves Fry's day for weekly decider?
raja -me too will join but give one downnnnnnnnside will decide where it's supporting. am trading with "tomato" can't keep for long time
trading intra, fine, I am okay to get my numbers tomorrow morning, but EOD with some good upmove, someone's chart here http://i.imgur.com/kbUQCzm.png
@Sujatha Sis,
60xx is last hope for bull as per my ew count
raja - even my charts too showing upside (mentioning since 5883/96 levels) hence i was long there. but 80% 5949 retracement level (as per sir's post) + for me 5959 is impt. below is weakness only. 1 hr left . that's my SL too hourly sofar it has not done i think
Good Chance to long
Flag seen in nifty hourly tgt near 6020
5955 chal dhanno
Nifty Future shall touch 6020 to 6060. Stk oscillator is overbought on weekly basis (do setting at 30,10,10). After that expected fall will resume.
relind approaching 50-sma(880)
@Sujatha: Thanks for releasing Nifty, looking to see little more upmove...waiting for targets with no change.
Locking gains with hedged position...
5956 again resisting
S4S: Distribution going on?
raja - still i didn't release..just it wants to see u all hence came...i whisphered something with future senior citizen 5967 something...let me see nd another senior citizen 84 dont like ths month it seems "it's gng like neeya naana" ???
sujatha: No worry then, am trading in next month.
demand and supply zones identification
is very important, and to know the pattern/s
likely to be formed
@suresh
my chart showing reliance 50DSMA is 863!! can u confirm?
protecting 5920 in upside 6008-6013 is good to see.
@S4Sbhai
another H&S!!!
Dashanan (ravan) banane ka irada hai kya!!!! wo bhi ulta latakta hua!!!
relind, yesterday's close basis
relind 20/50 sma was 862/880
relind crossed 860 and formed a pattern=
RALLY/BASE to move higher: RALLY
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Regards,
Commodities Tips.
@DR Sir,
Congrats,
Can we go long In BN as SAR Hit
Dear All,
Why I am raising this Subject here .. COz I got Information About the Services (Paid Services By Mr. Kumar) here..
I asked Dr. Kumar about his performance... then he said that (he does not published my comment.. as no bad words in it) there is no free lunch...He told that performance is on his PAID SUBSCRIBERs BLOG (So one needs to subscribe rather need to pay only to see previous performance)
I have not seen any advisory service.... which asks to SUBSCRIBE to see everyday performance. He only posts 1000 points in NIFTY in 100 days... with 1lk capital. If we consider 100 trades then only 10 points per trade... and if consider 2 lots then 5 points per trade.. and if 4 lots then 2.5 per lot. And then Brokerage deduction????
I asked what is actual average profit per lot with his trades.... then he said that it is on subscribers blog........
Even he says that... the risk is your subscription fees... only... so need to pay to see performance...updates...
I most of you all will jump...on me... (those who have wished him for starting services.... most of them trade on their own... and I think that they have not subscribed services... or they does not need to subscribe for services.)
So This is from a retail traders point of view... who got attracted to his services... from Ilango Sir's Post... and When a person is even not want to disclose performance... (what Is happened in the calls given everyday).. it shows there is something to hide....
Just think from a retail traders perspective.. who needs advisory for making some profits...
at last am exited with small profit :( no position becoz of week end "mania"
bye
25 out of nifty-50 stocks formed bearish bar reversal pattern along with bank nifty also.
Update 3:00 PM Bar Reversal Stocks
Amifan,
Based on my experince with Kumar si services for a month, what i can say is, he and his team is very honest and they manage the trade very professionally. All trades are well planned with strict entry, Stop loss and targets.
I joined him, because I wanted to understand his system . But later i realised, It is good for me to just research and trade on my own, as i have more conviction in my trades.
All I can say is for a beginner or any one who cannot do the research and can trust kumar sir levels/ trades, can make good retunrs, provided he follows discipline.
One thing I can guarantee you is there is no intention in their part to show extraordinary profits just to attract customers, my expereince is they are actual facts.
I am sure he has a resonable reson not to disclose his trades to non customers. If you humbly request him he may even give you the details, but you cannot demand it as it is his choice.
What you say has a point, but no one here will doubt Kumar sir integrity
will nifty able to close above DHEMA!!i dont think so.
Amifan:
I am neither a member of kumar's services nor I have interacted with him much on trades. However he has selflessly helped me with my medical problem without any money. Hence I conclude he is not money minded. He may have his reasons for not sharing details which is his prerogative.
Hope this helps
Asjusted closing near 5943, below High ema ( 5946 apprx)
premium of 22rs in nifty ...... surprising.
something cooking bigtime.
NSE is fast loosing its charm - at this moment sensex is up by 6 pts and NS by 3 pts!!! "Khaya piya kuch nahin glass toda....." all after 6 hours of trading...
Chetas,
"But later i realised, It is good for me to just research and trade on my own, as i have more conviction in my trades."
"I am sure he has a resonable reson not to disclose his trades to non customers. If you humbly request him he may even give you the details, but you cannot demand it as it is his choice.
What you say has a point, but no one here will doubt Kumar sir integrity "
What does mean by humbly... I have asked him two times.... and.. I already said .. he even not published.. my comment... so hiding something... only showing positive comments.... and even I said nothing wrong....
As even you also said... that
"What you say has a point"
Also I know that "no one here will doubt Kumar sir integrity "...
but its not question of integrety....
When someone ... Doesn't shows what he has to sell.... to a buyer who is paying price for it... then a question arises.....he.. asks pay first then I will show my procuct details...
I think in advisory world... this doesn't happens....
And I think Mr. Ilango need to avoid... promoting these PAID Services...
@Chetas, is it DHEMA as my I am seeing it as 5936.
@Swami
Yes, in my TT it was around 5946,( now closed the software , so cannot recheck)
BB.. I know about his CONTIBUTION.. with his medical Services....
And Comeon.... he already said... that he is doing advisory service.. for money...
(I don't know what is money minded...If one asks a lot of money... is he...or ?????)
But when he is selling his services.. then need to show... what he is going to give... and what given in past....and if one asks to pay for only seeing what happened in past.....then this is not good practice....
I think you all so much BLIND With Respect and love with him( I also have respect... for him.. as a person and as a medical Advises he gives... but when I am going to pay him.. I need to know what I m going to get)... that not trying to understand what is the point....
See my older post at 10.37am nifty close above INS 5937and SS 5916 nifty may gapup 30 to 40 pts.
What is fullform of ins and ss,srn?
nifty closed at 5943 points....for more infoMCX Intraday Tips
MCX India
Dear Amifan,
You are totally wrong & unnecessary defaming him. I am a small trader and last month i approached Mr.Kumar for performance sheet. He told clearly that he does not provide his trades to non-subscribers & he publish on his blog only. I was having 40 thousand only for trading but he clearly refused me to trade in Nifty with this amount, he discouraged me to trade in nifty. Then i arranged another 10 thousand & subscribed his option segment after 1 week. In less than one month my money is more than 70 thousand. It is not simple that i earned due to his calls. The way they handle trades, that is remarkable. I think, you must subscribe him for a month & then you will understand the difference your self. He & his team is best, which i experienced in last 2 yrs. If he was money minded then he never leave me for less capital, i am extremely happy with his team.
To mahekovoo SS shortearm support. INS int.raday support.
Tomorrow 21/02/13 best Nifty calls, yesterday our all 4 call achieved all target get tomorrow stock calls Share market tips and tomorrow stock tips
Markets Quantified
NIFTY 20-Feb-2013
Current Market Situation :
NIFTY current close : 5943
NIFTY resistance level : 6158
NIFTY support level : 5912
NIFTY sentiment : positive
NIFTY dominant cycle period : 14 days
Levels Tomorrow :
NIFTY intraday resistance 1 : 5968
NIFTY intraday resistance 2 : 5997
NIFTY intraday resistance 3 : 6038
NIFTY intraday support 1 : 5918
NIFTY intraday support 2 : 5890
NIFTY intraday support 3 : 5848
Markets Quantified
baap re baap
yeh TIPPERS ki day to day badti sankhya , irritating to hoti hi jaa rahi hai, par yeh hamare BLOGSPOT ki din duni aur raat chouguni badhti lokpriyata ki bhi parichayak hai
OMG
these day to day increasing TIPPERS are , at the one hand very irritating but at another hand, are also indicators of increasing popularity of our BLOGSPOT
OM SAI RAM
Namaste Ilango Sir & Blogmates,
Neutral to Bearish: Bulls were unable to seal their mark on the OI table and are still not out of the woods, Bears can go for the kill anytime as they still have upper hand… : Option Analysis for 20-02-2013
Dedicated Option Open Interest Blog
Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
Amifam,
You will always face problem with tip providers as the difference between the time they start giving tips and by the time you receive it and try to execute your trade is enough to move price to change the risk to reward ratio.
This reason or any other you will always face problem so avoid them and trust me i have learned my lesson the hard way.
Best of Luck
Amifam,
Can you send me a test e-mail at simgarg@hotmail.com, will like to share something with you.
Thanks
Please do not mind anyone, once i shared this info on this blog and was so excited that i am doing a great work for many blog mates but was so badly scolded that i still hesitate to post on this blog. since the incident have become a silent reader of the blog.
Thanks
Sim
Amifam:- I think its your problem my friend :-) You need to decide whether to subscribe or not and DO NOT bring disrepute to anyone with your comments especially Kumar ji. It's his system and methodology. You can get the taste of the pie only when you have it ;-)
Just one line for Kumar ji and his system:- He and his team guide you through all times and results are for his subscribers to see & enjoy :-) Cheers & Good Night.
Sim madam,
good to see a comment from you after a long time. Must share this info with everyone today.
Regards
Very well informative blog providing useful information about nifty. I am very likely to read this blog on daily basis.
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