Monday, February 25, 2013

Nifty Pre-Market View.

What kind of a trader, are you??
Do you follow technical study?
Do you follow Elliott wave study?
Do you follow mechanical trading system?
Do you follow "event-based" speculation, the high risk kind?
Whatever you have chosen to follow, stay steadfast in it and never get distracted by the noises around.
You combine studies only if you can objectively merge them without any traces of bias.
These studies don't lie. Lies lie in our faulty perceptions...biased expectations.
The day you leave your "ego, the thinking mind" in your "planning/ strategising room" & enter the trading room "empty minded", success starts to reflect in your trades promptly.
Even the mighty FII data lied but prices & its patterns never lied...never will.
Follow to flourish; Predict to perish.
Get Rich Slowly & Quietly.
"5879-5883" & 5904, earlier minor supports would act as the resistances now.
If holds in the "5823-33" zone, a minor bounce could emerge. Larger bounce only above 5904.



26 comments:

San said...

Good Morning Ilango Sir and Friends

NIFTY and JP Associate Chart analysis: CLICK HERE

Suraj said...

Good Morning Ilango Sir and Friends

Unknown said...

Good morning Ilango sir & all blogmates.

Rgds
Saravanan

Nilesh Patil said...

Good Morning Master & Friends

SS said...

Good Morning All

Madhs said...

Good Morning Master and Seniors..

Unknown said...

GM Master and everyone.

Ajit said...

Good morning Ilango sir & all blogmates.

Yogavidya by Parimal Devnath said...

Namaste Dear Sir and all friends
Have anice day of trading

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers

LV

Arif said...

Ilangoji,
Good Morning

saptharshi said...

Namaste Ilango Sir Have anice day of trading

Anonymous said...

Good morning sir & friends

Nilesh Deshpande said...

ATR Based Trading Signals

Buy Zone : From 5825.3 to 5812.8

Breakdown below : 5810.3

Breakdown target : 5795.55

Sell Zone : From 5875.3 to 5887.8

Breakout above : 5890.3

Breakout target : 5945.55

Unknown said...

Gm to Master and JNians...

Buy and Sell Nifty said...

good morning illango sir and all

I Trade 4 Profit Daily said...

Nifty kisses ND Sir's ATR Sell zone and is now 20 points below it already.

Dinesh Rishi said...

Good Morning Master and copy to All.

venkateshspices said...

good morning illango sir & friends

Dinesh Rishi said...

Venkateshspices

Have you ordered for sweets?

venkateshspices said...

@Dinesh the real fireworks starts only this evening.... ready with sweets

Dinesh Rishi said...
This comment has been removed by the author.
sushil said...

good morning master and blogmates

amber said...

Sir ILango ji and everyone good morning

Dinesh Rishi said...

But be stick with SL

Master says

Follow to flourish; Predict to perish.

Ilango said...

New Post Done.

Post a Comment

Elliot's Impulse waves.(Part-5)

IMPULSE WAVES :- The Basics Waves that move the market in the direction of its main trend either up or down are called Impulse waves. 1....