Friday, May 3, 2013

Nifty Pre-Market View.

Buy on Rumours & Sell on News - is a general guideline.
Unless that news alters the fundamentals strongly.
Hence, we have a zone of decisive move above @ 6025-42.(6042 being the first resistance during the rise to 6112 and 6025 being a 33 point rise from 5992 equalling the 5868 to 5901 rise, the (i)st wave).
First hour weakness below 5976, trendline & day's pivot. Trail it up as hour progresses.
If able to hold 21 Hr sma during fall/ corrections, trend in ST remains UP.



22 comments:

San said...

Good Morning Ilango Sir and Friends

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venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

Nilesh Patil said...

Good Morning Master & Friends,

amber said...

Sir ILango ji and everyone good morning

ALBELA HOUSE said...

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

SANPOT said...

Good Morning Ilango Sir and Blogmates.

Bala C said...

Good Morning, Ilango Ji

Dinesh Rishi said...

Good Morning Master and copy to All


Parminder said...

Master ilango and friends,
Good morning to all
Regards

Dinesh Rishi said...

Market weather forecast

AAj hawa teez chaleygi 11 bajey key aas paas toofaan aney ki sambhawna hai.

Hitendra said...

Nifty may open below 5976

Parimal said...

Namaste Dear Sir and all friends
Have a nice trading session

HARISH TAHKKAR said...

Eagles eyes ?

5900 PE 59

6100 CE 58.2

Think if only, if you can trade fast swings.

Stockathon said...

Good Morning Master & Friends...

DNSHUKLA said...

Good Mng Sir and friends

Suraj said...

Good Morning Ilango Sir and Friends

Hitendra said...

BN in the zone of 12580-615 as mentioned by sir. Short below that?

STOCK4SURE said...

5970 is 21ema support in 30 min charts
may expect a bounce towards 6010 if support holds
cmp 5972

Janak said...

Friday blues to unfold because Dinesh Rishi ne tez hawa ka programme banaya hei

shriram said...

GM Master & JN family,

All Power to ITM PEs today !

Ilango said...

New Post Done.

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