Tuesday, June 25, 2013

Nifty Pre-Market View.

A bearish Evening star pattern is developing in Month T/F, to be confirmed with a close around 5697.
However, there are many +ve divergences in Hour T/F and some in day T/F. How these play out to be monitored by monitoring the retrace of last fall from 5863, namely 5750 & 5804.
Holding 5566 or 5548, there should be a ST bounce towards LEmas initially.

37 comments:

San said...

Good Morning Ilango Sir and Friends

BANK NIFTY Chart analysis: CLICK HERE

J.R.Julius said...

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

Camarilla Keylevels - Nifty Spot
H4@5631 ↑
H3@5611 ↓
L3@5570 ↑
L4@5550 ↓

vksoni said...

Good morning ilango sir and blogmates

rama balaji said...

GM Ilangoji & all blogmates

Nilesh Patil said...

Good Morning Master & Friends

Arif said...

Ilango ji,
Good Morning....

venkateshspices said...

Good Morning Sir & friends

NEVER GIVE UP said...

Good Morning Sir & All Friends.

R.S. SUNDARAM said...

Good morning to Ilango sir and everyone in the blog

anmpatel said...
This comment has been removed by the author.
Parminder said...

Master ilango and friends,
Good morning to all
Regards
☺☺☺☺☺

Kirubanandam T said...

Good morning Ilango sir & all...

anmpatel said...

@master
good morning
in ur JNSAR trade table in last column first cell written max gained +92. what is that suggest?
thanks in advance.

saravanan k said...

Good morning Ilango sir & all blogmates

Rgds
Saravanan

anmpatel said...

when I post any comment it is not publish instant. first I got the "your post will be publish after approval" did anyone getting this msg? if yes than why? if no than why only I getting this msg? did master change any setting to filter tipsters?
thanks.

ALBELA HOUSE said...

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

Parminder said...

Yesterdays example of the candle pattern and discussion.
Inverted Hammer
http://thepatternsite.com/HammerInv.html

Ilango said...

Beaware of "divergence traps" in 3rd wave which could sub-divide & frustrate a "counter trend trader".

Considering the "total red" in TT, "sell on rises".

Intraday strength only above 5625.

Parminder said...

Open high same for june futures

Ilango said...

Bounce off supports-5565-75.

amber said...

Sir ILango ji charan vandan and everyone good morning

Nitin Kadam said...

Today's Support & Resistances :->

Support :- 5550-5475-5400
Resistance :- 5640-5615-5685-5715-5764.

Trend :- Down.

Strategy:-

Positional Buy Only Above 5765
Levels for Short Re-Entry Trade :-
i)5640-50 Zone.
ii) 5685-90 Zone.

Bulls Will Come Back Only Above 5685.
Till Then Sell On rise.

Happy disciplined trading to all!
Have a nice day!!

Renju S said...

Smelling a fall again...

Thanks,
Renju.S

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

suraj804 said...

Good Morning Ilango Sir and All Seniors and Friends

SAM said...

GM SIR and blogmates...

Anandha said...

Trail your SL on TATAMOTORS Short positions if anyone went on as per my comments. May see 267 levels. Hit our first target of 276

Renju S said...

Ilango Ji,

Yest my question...was it a 5th wave in 30 min charts from 5860...should we re-consider it as 3rd wave if the fall continues or a sub divide of wave 5?

TIA,
Renju.S

Renju S said...

Chances of 5550 more if 5575 gives the way...
What will be the next logical stop if 5550 gives up?

TIA,
Renju.S

Ilango said...

@ Renju S,

The current fall could be the (v) sub wave of the fall from "5686" if it can hold above 5548 to complete the vth wave.

Failure would lead to more downsides.

Anandha said...

@ Julius Sir, Day is again of CAMARILLA levels. Nice moves at CAM levels.

Ashwin said...

Good Mrng Master and JN Family

Hitendra said...

BN retraced 93% rise from 10929 to 13317 ... so which levels we look at to arrive at fibo retrace for BN?

sarvesh said...

good morning, sir!

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