Wednesday, March 13, 2013

Nifty Pre-Market View.

Nifty in consolidation mode since the 5971 highs that coincided with earlier consolidation high.
Earlier consolidation bottom comes @ 5854-5879 which coincides with Wk.pivot & WEma.
Prices closing below DHEma puts Nifty in a trading mode with a range of
DHEma+10-20 to DLEma -10-20 pts.
This consolidation could last till closer to the "eventful day".



48 comments:

Bala C said...

Good Morning, Ilango Ji

Pattern Trading said...

Good morning master

TCS Chart :

Pattern Trading: Chart Update : TCS Channel Trading:

Unknown said...

i m searching for good data provider realtime for amibroker can someone guide me

San said...

Good Morning Ilango Sir and Friends

SBI and Bank Nifty updates: CLICK HERE

varun kumar said...

Good Morning SIr

NEVER GIVE UP said...

Good Morning Sir & All Friends.

Bhushan said...

Good Morning Gurudev and friends

merc9000 said...

Good morning Master and Friends

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

Unknown said...

Good Morning Guruji and Friends

Kumar said...

Namaskaaram GuruJi and Brother & Sisters

Have a Good Day.

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 nice day of trading

amber said...

Sir ILango ji and everyone good morning

Unknown said...

Good Morning ALL

Unknown said...

Sir
the 3rd leg of the zz was complete at 5971 and a corrective started at that point and has unfolded in the form of a zz that could extend or morph to an impulse.
the retrace to the last five of the upmove zz from 5801 to 5971 holds the key to the future.
yesterday.
5906, 5886,5866.
1. BREAK OF 5866 signals end of upmove.
2. break of 5933 ( the ob line of down zz is the end of downmove
3.In between a trading range as indicated by u.
as currently we are going down selling at high ema to low ema

Yogavidya by Parimal Devnath said...

Pattern Trading
you are trying to do some fishing here which is not ethical. so kindly stop it.

Unknown said...

5868 is another fibonacci retracement

venkateshspices said...

Good Morning Sir & friends

Unknown said...

Good Morning Ilango Sir and friends. Hi Jitendra, I have been using investbulls for RT data feed for Ami for more than a year. You can give it a try.

Pattern Trading said...

@ Parimal:

My intention was never to do some fishing at all .. I was trying to share my studies..

This is what master said on Monday, March 11, 2013

Do not handicap fellow traders.(co's of your excitement)
If you wish to share anything at all, share your studies.. Share your observations...
Share those critical inputs such as OI changes, VIX behaviour, FII pattern.....
Candle study revelations, technical inputs, volume impacts...
Share a joke to lighten the monotony of a sideways market...
Everyone faces problems in their trading life...even the experienced ones; however, these exposures alone if taken as valuable lessons will make them face the markets with confidence.
Let this confidence grow in them; Let them get rich slowly & quietly.

I was just trying to share my finding after reading this...

Kumar said...

@ Sujatha Akka

Your tech contra view is ultimate.

what is your today's view?

Ungalakku butter sakkarai thaan kodukonam....

Abhi said...

Sir,

What is the stop for the conservative buy ?

Unknown said...

Parimal, I went to the link given by pattern trading and found the contents over there are excellent and quite educational and not merely giving tips. However it is ultimately Sir's decision whether to consider his post as spam or genuine. But it looks to me as okay.

Unknown said...

good morning sir and all
sir conservative trade sl at what level?
is it triggered?

bb said...

Hi Parimal,
Can you give your view on Adani exports. If it is down what is the TGT ?

Regards

Unknown said...

Ilango Sir, What is "eventful day" as mentioned in the pre-market view.

Yash and Dhan said...

Good Morning Sir and Dear friends.

Yogavidya by Parimal Devnath said...

Debdeep
on 19th of this month RBI will review monetary policy, rate cut if any etc. this might have been referred to as 'eventful day' by the Master.

Yogavidya by Parimal Devnath said...

Hello BB
kindly clarify: Adani export? which is the company, you may want to know about Adani Enterprise! I guess! if so,
After positive divergence on 4.3.13, price has considerably moved up and yesterday it took a pause, and price is above 200DMA.

srn said...

Goodmorning ji and all.

Unknown said...

Oh !! OK. Thanks Parimal.

Anonymous said...

Good morning sir & friends.

5868 is 61.8% of 5971/5804.

protected so far

Unknown said...

Abhi, Mkt weak below 5879 as said by Sir. So I would suggest to keep a SL for conservative buys on closing basis. and for interday manage with day low ema - 20 points.

Akash Patel said...

good morning master and friends

today ha open high same at 5915.23 so till it saved trend is down. only consolation is weekly ha open low is same at 5834, lets see day trend overcome week or weekly trend will save the bulls!!!

Drji thoda lift karo!!

bye friends see you at eod.

thanks.

bb said...

Hi Parimal,
Sorry for the mistake, thanks for a quick response as always.

Regards

BB

mmarketman said...

Its not over...but the beginning......will see more downside....

HARISH TAHKKAR said...

Observations & Opinion :
Nifty (s) violated HL 5892 high probabilities of trend may reverse Down.
Golden Ration sale ;
Fall from swing high 5944 to 5869
Sale at 61.8% = 5915
SLO 80% = 5929
(Trend Trade: Do Not long, as antitrend trade)
These is a trading strategy, not call


Suraj said...

Good Morning Ilango Sir and Friends

Nilesh Patil said...

Good Morning Master & Friends

Unknown said...

Dear All
How to calculate closing average price ?

STOCK4SURE said...

ns resisted thrice at 5888 since open

probability of ns may test 5859 near levels be411.30am
cmp 5883

SJkolkata said...

Dear all,
Again around 30lks OI addition in puts from 5500-5700 in just 1 hr of trade.
Please keep this in mind.
Regards

Unknown said...

sir and friends
please solve my query in tisco
MACD in hour trigered downside at 389 and price reach to 366 after that tisco shows postive divergence in hour and rates making new low and reach 335 .after that rates finally 358 and again shows negarive divergence how to play this setup requires help .

Sujatha said...
This comment has been removed by the author.
Unknown said...

Amol,
It is the 30 min SMA on 1 min chart. Check at 3:29 pm.

Sujatha said...

SJK - kindly post the "impact" in simple language.. BIGGGG ZEROOOOO in options :( :(

Unknown said...

sir and friends
please solve my query in tisco
MACD in hour trigered downside at 389 and price reach to 366 after that tisco shows postive divergence in hour and rates making new low and reach 335 .after that rates finally 358 and again shows negarive divergence how to play this setup requires help .

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