Thursday, February 21, 2013

Nifty Pre-Market View.

If it is the "irregular Flat correction" from 5879 lows, it may not make highs above 5970; but of it holds 5901, it could.
If it is the correction from 5854, "a" done @ 5971 and the "frustrating b" wave would unfold today.
Accordingly, resistances would be @ 5945-70 and supports @ 5910-20.
Being another "abc" from 5854 to 5971, is it another "Flat", if 5 done @ 5854.
It is definitely one of the challenging phase...
"5942" & "5901" would be crucial numbers.




29 comments:

Bala C said...

Good Morning, Ilango Ji

Nilesh Patil said...

Good Morning Master & Friends

Abhi said...

Hi,

Anybody has view on tata steel ?

venkateshspices said...

Good morning illango sir ^JN Friends

Arif said...

Ilangoji,
Good Morning

Suraj said...

Good Morning Ilango Sir

Bhushan said...

Good morning Gurudev and friends

Stockathon said...

Good Morning Ilango Sir and Friends...

Anonymous said...

Good Morning sir & friends.

Nilesh Deshpande said...

ATR Based Trading Signals

Buy Zone : From 5918.55 to 5906.3

Breakdown below : 5903.85

Breakdown target : 5836.15

Sell Zone : From 5967.55 to 5979.8

Breakout above : 5982.25

Breakout target : 5983.15

Yogavidya by Parimal Devnath said...

Namaste Dear Sir and all friends
have a nice day of trading

Yash and Dhan said...

Good Morning Sir and dear friends.

ALBELA HOUSE said...

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

bb said...

Why such a poor opening? What happened to the uptrend? Are we just mirroring the global sentiments?

Nitin Kadam said...

@Master,

Conservative trade can be taken here ? As Open High Same & 5910 Broken.?

Sujatha said...

GM sir nd friends :)

"It is definitely one of the challenging phase.." - but it's trader's paradise sir. Excellent downside :D :) Looks like 5901 breakes this time again to 5830?? not too greedy..but with small calculations and will change my mindset.

Unknown said...

Sujatha: VGM and you made the market to your way. Great prediction.

Anonymous said...

Suja sis,

gm.

both s1/2 are violated.

S3 is 5896.

I Trade 4 Profit Daily said...

ND Sir's site says...

Breakdown occurred below 5903.85

Breakdown target : 5847.65

SL for short positions : 5921.15

amber said...

Sir ILango ji and everyone good morning

Madhs said...

Good Morning Master and Seniors...

srn said...

Goodmorning ji and all
nifty trading below INS 5928 amd SS 5921
nifty may tuch 59440.

Dinesh Rishi said...

Good Morning Master and copy to All

srn said...

Sorry nifty may tuch 5944.

NIFTTY99 said...

Morning to Ilango Sir and Friends.

As the last leg of Feb series & budget day come close...best to trade PUT options and take small profits. Entry points can be devised as per levels given in JN TA file.

As per astro cycle, Moon in Gemini and Saturn-Rahu combination in Libra causes confusion. So, tight targets/SL have to be adhered to.

Rest, the guidance from Sir & friends on this forum are as such there.

Happy Trading.

Unknown said...

JNSAR triggered short at 5915.

Hitendra said...

5901 is here !

Dinesh Rishi said...

srn

yesterday you said price is above support so will gap up

today ur saying price below support mkt will go up

Cannot understand :(

srn said...

Yes mr dinesh but the gap 5921 to 5937 have to fill, if fill the gap it comes above support.

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