Monday, March 4, 2013

Nifty Pre-Market View.

When the prices are trending down in 3rd wave, one should wait for 1.618 times of 1st wave as a minimum target(it could go down more too)and then look for a "reversal candle pattern" along with +ve divergence to appear in "Day T/F" before venturing out to attempt aggressive counter trend trades.
Take care of this day as per your study; that's all needs to be done presently.
"Sit tight" is the "trailing method" says, do that.
Minor strength above 34 Hr sma or that would be the resistance again.



31 comments:

Bala C said...

Good Morning, Ilango Ji

Just Trade said...

GM Ilango Sir and All,

Have a great Trading week.

Regards

Suresh

Bhushan said...

Good morning Gurudev and friends

Nilesh Patil said...

Good Morning Master & Friends

San said...

Good Morning Ilango Sir and Friends

Bank nifty trend update: CLICK HERE

Manish said...

Goodmorning master and all JN friends,

Another important lesson learnt from today......

You are superb.....

Thanks and Regards Always......!!!!

Hitendra said...

Good morning sir & friends

Unknown said...

Good Morning Guruji and Friends

Unknown said...

Sir
as i read ur premarket view (and also following ur sar trading),i comprehended ur trading methodology in this way. kindly give ur comments

studies are directed to find a trend in atleast two consecutive time frames , for eg weekly and daily.
then a trade is initiated entering at a suitable point the lower tf offers
then wait out for the higher tf ( for eg month) to join the trend and ride it till the lower (daily in the above eg ) shows a reversal.
use ew oscillators indicators to help confirm reveral points.

venkateshspices said...

Good morning sir & friends

NEVER GIVE UP said...

Good Morning Sir & All Friends.

Arif said...

Ilangoji,
Good Morning.

saptharshi said...

Good morning everyone.

suresh said...

sir ji,
Good Morning

amber said...

Sir ILango ji and everyone good morning

srn said...

Goodmorning ji and all

vksoni said...

nse spot price freezed?

Pattern Trading said...

freak trade in bank nifty :O

srn said...

Goodmorning ji and all

mmarketman said...

Spot 5688 must get protected...else 5660 .....

Pattern Trading said...

looks like google charts are distorted...

srn said...

Goodmorning ji and all

Dinesh Rishi said...

vksoni said...
nse spot price freezed?

========
They are testing if Freeze still works as long time no freeze seen

trainee said...

dear brother Ilango,
very good morning to our beloved Master and lot of love and congratulations to you for your wisdom. i would like to be your younger brother ,as i am just an infant in this market. love you brother...

chetas said...

15 ORB down in NF ,

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

can anyone pls tell me what are the predicitions for nifty today?
i've already lost 10 thousand last week and dont wanna lose anymore:(

Madhs said...

Good Morning Master and Seniors...

chetas said...

Ethan,

Sorry to hear that,

if you dont want loose more please do not look for any more PREDICTIONS.

Sir say "Predict and perish, follow and flourish"

10000 is a good tuition fees, i paid much much more than that before i came to know about this blog, thanks to google and Aarvee.

You are in a right space, by following sir guidance objectively, you will make much more than your tuition fees :))

Unknown said...

hi

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