Friday, April 26, 2013

Nifty Pre-Market View.

If highs @ open is restricted below 5930-45 & the channel gets broken @ 5880-75(approx), a big consolidation is likely; The second signal would be break of 61.8% of last rise from 5792 to new highs.
Trend followers would continue to hold their "Longs" as such minor falls would not alter the major trend and there are no weakness signs noticed in Day/ week/ month so far..
Major resistances lie @ 5945-5971.
Only a move past this zone can invalidate the "negative divergences" appearing in hour charts.



34 comments:

San said...

Good Morning Ilango Sir and Friends

NIFTY Resistance Levels: CLICK HERE

Dinesh Rishi said...

Good Morning Master and copy to All

Congrats Soni :D

ALBELA HOUSE said...

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

salimkabani said...

Good morning sir n blogmates

Nilesh Patil said...

Good Morning Master & Friends

Amol Sharma said...

Good Morning Master and DR Sir

Parminder said...

Master ilango and friends,
Good morning to all
Regards

amber said...

Sir ILango ji and everyone good morning

venkateshspices said...

Good morning sir & friends

Prabha Gopalkrishna said...

Good Morning Master and gm to all...

Parimal said...

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

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

DNSHUKLA said...

Good Mng Sir and friends

suraj804 said...

Good Morning Ilango Sir and Friends

Amol Sharma said...

fresh F and O series major trend will play roll.

sudharsan said...

Good Morning Master and Friends

Dinesh Palanichamy said...

Gud Morning, Master n JN Family

Stockathon said...

Good Morning Ilango Sir & Friends...

NEVER GIVE UP said...

Good Morning Sir & All Friends.

sudharsan said...

@ Master Aggressive sell can be taken when channel gets broken???

Neyaz said...

Gm to all.....dinesh sir & sirji

Manish said...

Goodmorning master and all friends,

i-5924.60-5883.10
ii-5883.10-5899.05
iii-5899.05.......

Is that fine master ?

Ilango said...

@ sudharsan,

If Nifty makes a low lower than 5883 and rebounds, then "sell into the retracement". This way the SL would be very small.

OR if it continues to move higher, sell closer to "5909-5914" with 5918 as SL(80% of 5925-5883)

OR if it breaks 5877.

OR wait till 10AM close to see whether Hour TT shows a "sell on rise" signal with a close below HHEma and then act.

vksoni said...

Good morning ilango sir,Dr sir
Thankyou

kat said...

Good morning Ilango and all the Blog mates!

Amit Arora said...

Seniors...any comment on SELL IN MAY AND GO AWAY..

Jaspal said...

Greeting Master and copy to all

divya thakor said...

good morning sir and all

divya thakor said...

sir
is there any possibilyty for X wave?
if current rise is X wave than how much it will retrace of W wave?
what will be the negeted point for wave X?

Debdeep said...

Good Morning Ilango Sir and friends.

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