Thursday, June 13, 2013

Nifty Pre-Market View.

Trusting is so much essential to lead a good quality life.
In trust, love blossoms...
In trust, friendship flowers...
In trust, businesses flourish...
My son was finding it difficult to wear his newly bought contact lens...
I told him "just trust"...and soon his eyes allowed him the foreign object..
You have to let go so much to trust because you carry so much emotions and conditioning whereas a child do it instantly.
Think about it well..
Only when trust happens, "Following" is possible.

64 comments:

J.R.Julius said...

Good Morning Sir & Blog-Mates,
Have a Happy and Prosperous Day.

H4@5790 ↑
H3@5775 ↓
L3@5745 ↑
L4@5730 ↓

San said...

Good Morning Ilango Sir and Friends

NIFTY Chart analysis: CLICK HERE

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

NEVER GIVE UP said...

Good Morning Sir & All Friends.

ankita said...
This comment has been removed by the author.
rochak parekh said...

dear i lango sir

we trust you

and we do that a lot

please dont mind nuisance , if by some newer or unsatisfied people, but after all we got to treat them patiently. since they have forgot the path, we got to bring them back onto right path.

regards

OM SAI RAM

P.S. - we have been and will be always having trust in you, and nothing/nobody else can come in between us and our trust in you

venkateshspices said...

Good Morning sir & friends

Unknown said...

GM Ilangoji & all blogmates

Prakash said...

Gud morning master and all frnds
"JAI SAI RAM"

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

Good Morning Ilango Sir and All Friends

We trust you full and you have earned our trust and admiration by your selfless non exhausting service and sea of knowledge about technicals and life both.

Please do not get affected by negative vibrations.

Regards
Arvind

Kumar said...

Namaskaaram GuruJi and Brother & Sisters,

Good Morning.

Have a Good Day.

Very much Happy to see your comments.

Parminder said...

Master ilango
Good morning
By the way Master u r annoyed with somebody u can thrash us but dont be silent ,
Pls do respond bcos we love u a lot and regard u
Regards
☺☺☺☺☺☺☺☺☺☺

ALBELA HOUSE said...

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

Guru Krish (Trading Nirvana) said...

Good Morning to all..Why so much noise?? I don't see any problem at all.. anyways Lets look at the key numbers for the day.

Resistance Zone - 5817-25 if managed to cross this then later 5842 will be crucial.

Support Zone - 5688-5705 can lend some support to NS today

Weekly Resistance - 5803/20/42 Close above 5842, will bring some small bullishness

Weekly Breakdown below - 5802 (Already Broken down on closing basis)

Happy Trading !

Crorepathi said...

Stop talking nonsense, grow up, start taking responsibility for your actions. Markets are about probability not certainty, if it were about certainty then it would not be what it is.
Even god teaches you but unless you don't have trust you keep loosing.

nikunj nariya said...

Good morning ilango sir & all blog mates

have a nice and profitable day

Unknown said...

Good Morning ILANGO Sir & all...

satheesh said...

Namaste Ilango sir and all,

@ ankita - from june 5th onwards in all views sir had been mentioing in his hour chart - direction down
in June 10th Intraday update I it is mentioned 1 possibility up till 5834 holds - and 5834 got broke on 11th and 11'o'clock close was below 5834. if you are following hour chart you mist have exited the call immediately.

If you had felt like waiting then you got another chance to get out at 1'o'clock, 2 and 3'o'clock-when nifty went above 5800 but when the hourly close was not above 5834 consequtively for 4 hours what more confirmation do you require for exiting longs? From then on there was not even a single attempt by Nifty to go beyond 5800.

For all beginners my request is please understand the system before you start trading. The mistake is with our trading and not with the system - the system screams out the trade but we are not ready to listen to it as we are fully with biased opinions. All make mistakes. Even I make lots of mistakes after 5-6 years of trading - still I lose money in silly ways - but mistake is MINE.

gauresh59 said...

@ Parminder,

Silence itself is the best teacher. It gives us an opportunity to introspect our ownself. Accept the silence as the manifestation Almighty.

Prakash said...

jee master i agree with parmindar ji

NEVER GIVE UP said...

@Ankita,

Ankita ji i don't think that you want to learn but you want only tips which can give you only Sudarshan Sukhaani so follow him please and dont blame anyone.
First learn properly and then earn.

sarvesh said...

Sir, Good morning!,,,its definitely an awesome day ...first monsoon showers in ludhiana....awesome weather ..heavy rains..no heat and Your GOLDEN WORDS...what better i could have asked for...

Lakshmi said...

@ Ankita

Please see the chart and TT with your eyes open. It clearly says that the direction is down. From where on earth you got the idea from this technical table, that you can take long positions and that too to hold it? TT is fully red and you will take long positions and blame Ilango Sir for that. I do not understand your logic

Unknown said...

Good Morning master

satheesh said...

@ ankita,

Also I would like you to check http://tradeinniftyonly.blogspot.in/2013/06/nifty-intraday-update-iii_11.html
Where in Intraday Update II sir has mentioned - only one possibility -DOWN.

If you need to be sucessful in trading - first accept mistakes. If you have a fool proof system please go ahead with it. If you made money with your own system -then did anybody force you to follow JN?

ankita said...

I have deleted my post, my fault sorry, thanks for teaching, i am a bad student.

ankita said...

at oversold st hourly and daily and now weekly also coming ovrsold, is it possible to go short at 5834 level???????? how many have dares plz....

Unknown said...

Good morning satheesh sir,
This is 4th week bear candle. expecting pullback. but when i don't know. go with motion not with emotions.

Yogavidya by Parimal Devnath said...

Namaste Dear Sir and all friends
Have a nice day

Nilesh Patil said...

Good Morning Master & Friends,

NEVER GIVE UP said...

@Ankita

If you don't know any thing then follow only JNSAR. That will be the best way .

sarvesh said...

@ Ankita, you got dare to buy at 57 or 58 or 59z....where there is no buy signal but gambling but you dnt have courage to sell at system levels ..atleast dnt dare to buy also if u dnt dare to sell

Yogavidya by Parimal Devnath said...

Ankita
we can understand your trading pangs. you have bought when there was no signal. JNSAr (ST downtrend) triggered at 6060 after last expiry. since then, it was sell on rise. if you are bewildered, simply trade JNSAR.

Yogavidya by Parimal Devnath said...

Gap down open. channel broken down

satheesh said...

@ Ankita - I did dare to goshort at 5790NS levels and now I have booked out fully at opening at 5718 NF. Reasons - 200 DMA was a strong resistance at 5795 and for two days consequtively NIFTY closed below 200 DMA.

Please read about indicators - the more it goes into OS area the more bearish the situation will be. Please - when you read the oscillators read it along with TA parameters. I am able to see that you are making the same mistake which I was making. I used to sell when oscillators crossed above 80 and buy whenever it went below 20 and failed many times as I did not read it along with the TA parameters.

Yogavidya by Parimal Devnath said...

Ankita
thinking that you are a bad student will noway help you. it did not help me either. i made lots of mistakes. learn to follow the market, this might help.

bb said...

Parimal,
Advisable to go long in Tata Steel or Hindalco?
or just chill

gauresh59 said...

@ Ankita,

When we are in short from a quite higher level and booked profit partially inbetween, then why should to fear to take additional short entry as per TT....?Again market may choose to remain in oversold position for long period....we cannot say any thing for that.

Unknown said...

Pls can someone paste or provide links to technical trading from scratch.!!

Unknown said...

first half hour crucial.

satheesh said...

@ Ankita - I do have a reason to book out near 5700NS i.e, as per the Bullish Shark pattern 224% target comes to 5690 - also the montly charts provide support at 5660-5700 levels.

Raghavendra said...

Dear All,

Nifty right in ND Sir's Buy zone. Break down level for longs : 5689.

On breakdown, target is 5577.

Raghavendra

Below ND sir's levels.

- - - - - - - - -
Buy Zone : From 5716.2 to 5694.2

Breakdown below : 5689.8 (stop loss for intraday longs)

Breakdown target : 5577.35

Sell Zone : From 5804.2 to 5826.2

Breakout above : 5830.6 (stop loss for intraday shorts)

Breakout target : 5841.35
- - - - - - - - - - - - -

satheesh said...

@ Amol Sharma,

Thanks. I stopped trading with emotions now-a-days :)

I just felt like explaining how things are interlinked when getting into a trade and exiting too. If my write up shows some emotion - let it be - becoz - i had to face a lot before I learnt the Hard way to let go of it :)

Yogavidya by Parimal Devnath said...

Hi BB
NOOOOO. no long in TataSteel. sell only on rise. or keep fingers crossed.

ATR
Buy Zone : From 5716.2 to 5694.2

Breakdown below : 5689.8 (stop loss for intraday longs)

I Trade 4 Profit Daily said...

Nifty opens right into ND Sir's ATR Buy zone. But not able to come out of that zone. High made till now is dot 5716.25

Unknown said...

Satheesh sir You are my teacher.

Yogavidya by Parimal Devnath said...

ATR
Sell Zone : From 5804.2 to 5826.2
Breakout above : 5830.6 (stop loss for intraday shorts)
this study tells us that low risk trade would be enter
fresh shorts if todays gap is filled near 200DMA resistance zone!!!

Unknown said...

take care all panic below 5697 take care.

Unknown said...

gm sir and other blogmates

sir please give us pre market view as we are on learning stage and cannot give expert views as you and other experienced blogmates can give participating is must and i will request all the blogmates to express their views in premarket as that is one thing sir has asked. please i request all the blogmates to participate.

satheesh said...

@ amol sharma :D :D - I am flattered - Please do not make me emotional again :) I have miles to go before I accept me as a teacher :)

chetas said...

ORB break on upside, but failed to continue , ( 1 minit chart)

satheesh said...

Tatamotors:
200 DMA - 284.11
Today's Low - 284.2

Yogavidya by Parimal Devnath said...

Hi Satheesh
nice to see you here! favour me by publishing the monthly support chart on your blog, please!

sandeep said...

gm master, julius ji, dr ji n all

prashant shah said...

namstey Dear master of master Ilango sir ...good moring.... and jai jinedra to all.... nifty months low ema is 5680.. i buy 5722 with sl is 5679 Eod clos.... target 6000

anand said...

Good Morning.
Sit tight and enjoy the ride down the slope!
next target : 5665 , if Sq 5736 is not taken out?

shriram said...

GM Master & JN Family,

The HnS brkdown seems to confirm that NS is Impulsing , via simple Extd. IIIrd.

If so, min tgt is..

w1 6230 5936 -294
w2 5936 6133 197 -67.0%
w3 6133 5657 -476 161.8% (5698 done)

Have a gr8 day !

satheesh said...

Sure parimal. please give me some time.

Sujatha said...

GM sir nd friends :)

Julius - yennappa nadakadhu?? onnum puriyala.. i trust my no with strong tech + sentiment. prashanth adding boost to my view. kannakku puli kelambittarayya kelambittaru :)

Prashanth - thanks for ur views.

Satheesh - happy to see ur active participation. v can't change everybody whether in personal life or outside it's better v hv 2 change ourselves and keep ourselves fit to move up. Unnecessary replies and explanation to others are keeping the class noisy.

have a good day to all

Ilango said...

New Post Done.

gangadhar said...
This comment has been removed by the author.
gangadhar said...

market is coming 5780 today

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