Thursday, June 27, 2013

Nifty Pre-Market View.

Nifty, holding 5566 lows, has done an upmove to 5666, (i)/a and a corrective fall to 5580, (ii)/b and is poised to move higher in the next upmove (iii)/ c towards 5679-86 zone, the last ivth sub-wave.
If "c", it should limit itself to around 5692 and anything beyond it would make it a (iii)rd wave.
Weakness would be below the channel bottom @ 5580.
.......................................................................................................................
You have stated the reasons for your stagnation - Indiscipline.
I would just add..."Get Rich Slowly and Quietly".
Follow the system you have established. It'll take care of returns. Your job is to simply obey its commands and execute and Not Think. Keep your ego out of it which brings in greed and fear.
If Arjuna who was mentored by Lord Krishna fumbled often..wavered mostly, we, mortals, should then beware of the power of our own ego in our destructions.
Part book...re-enter...part book again..n number of times..stay with SAR till the end is the only mantra to be followed.
A true karma yogi will lose himself in the fire of act. Just pay attention to the acts..objective acts..loose your "self".

53 comments:

Kumar said...

Namaskaaram GuruJi and Brother & Sisters,

Good Morning.

Have a Good Day :)
Ding Ding.

salimkabani said...

Good morning sir n blogmates

Thanks for guidance regarding wave 4.

Can it be subdivided?

Can it be more than 38.2%?

Pl...... guide.

R.S. SUNDARAM said...

good morning ilango sir and everyone in the blog

DNSHUKLA said...

Good Mng Sir and friends.

Nilesh Patil said...

Good Morning Master & Friends

saravanan k said...

Good morning Ilango sir & all blogmates

RGds
SARAVANAN

R.S. SUNDARAM said...

good morning ilango sir and everyone in the blog

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

Bala C said...

Good Morning, Ilango Ji

J.R.Julius said...

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

Camarilla Keylevels - Nifty Spot
H4@5619 ↑
H3@5604 ↓
L3@5573 ↑
L4@5558 ↓

anmpatel said...

good morning master and friends.

niftyrfreecalls said...

Nifty spot Intraday Camarilla Levels (27/6/2013) BankNifty spot Intraday Camarilla Levels (27/6/2013)

H6 5645.02 Trgt 2 H6 11296.18 Trgt 2
H5 5634.78 Trgt 1 H5 11254.43 Trgt 1
H4 5619.72 Long Breakout H4 11193.03 Long Breakout
H3 5604.07 Short H3 11129.22 Short
H2 5598.93 H2 11108.26
H1 5593.82 H1 11087.43
L1 5583.58 L1 11045.67
L2 5578.47 L2 11024.84
L3 5573.33 Long L3 11003.88 Long
L4 5557.96 Short Breakout L4 10941.21 Short Breakout
L5 5542.62 Trgt 1 L5 10878.67 Trgt 1
L6 5527.25 Trgt 2 L6 10816.04 Trgt 2

Parminder said...

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

Sunnylovesnifty said...

Thanks again for your words Sir :)

ALBELA HOUSE said...

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

Anandha said...

GM Everyone,
HUL July contract is trading almost 20/- discount. Anyone aware of any reasons ?

vk said...

Good morning Guruji and Blogmates.
vkp

Prakash said...

Gud Morning Master and all Frnds
"JAI SAI RAM"

amber said...

Sir ILango ji charan vandan and everyone good morning

Sourav Kundu said...

Dear Ilango sir,
The spiritual, philosophical and introspective side of being a successful trader has so nicely been captured in your innumerable messages present in our blog.

You are a rock star sir! Simply awesome!

shriram said...

GM Master,

Seems like the oscill ring was right on 5mins, ysday :-)

Have a gr8 day !

vksoni said...

Good morning ilango sir and blog mates
expiry today but i am out of my home town so cant organize expiry contest

suraj804 said...

Good Morning Ilango Sir and All Seniors and Friends

SAM said...

GM MASTER and all Blogmates...

Renju S said...

5683 + 20 / 5693 + 20 / 5715 different filter for next SAR if any, keeping in mind a close of 5697-5700 this month end.

Guru - Trading Nirvana said...

Hi,

Is Google Chart Working? or is it some fault in my system??

Thanks

Renju S said...

Google chart has some issue.. :(

Kumar said...

@ Guru - Trading Nirvana,

Google chart not working...it seems Nifty feed is not working...sharekhan also not showing...

Renju S said...

Use Yahoo if possible for time being...

http://finance.yahoo.com/echarts?s=%5ENSEI+Interactive#symbol=%5ENSEI;range=1d

brajesh singh said...

GM llango Sir and Friends......

Guru - Trading Nirvana said...

Thanks Kumar and Renju S for the confirmation...

Anandha said...

@ Julius sir,

Please post Extended CAM levels.

ITradeForProfit Daily said...

Google finance is not working that is why ND Sir's ATR site is also not showing updated data

mynac said...

To keep present momentum up,Nifty will have to trade above 5649.25 for the entire day...as it's HVT .Let us see...

Nilesh Patil said...

Namaskar Mynac Bhau

mynac said...

Namaskar Nileshji

Renju S said...

Ilango Ji,

5657 - R2 can we use this to re-enter?

Thanks,
Renju.S

Bapi prs said...

GM sir and other blog mem.

NEVER GIVE UP said...

Good Morning Sir & All Friends.

Bapi prs said...

@ Master, is it a valid possitive div. in day and hour chart?

J.R.Julius said...

@Mr.Anandha,
Nifty Spot
XH4@5681 ↑
XH3@5661 ↓
XL3@5639 ↑
XL4@5619 ↓
*Individual observation & Independent Decision Advised.

AJIT PATIL said...

Good morning Ilango sir & all blogmates

Anandha said...

Nifty to fill the GAP it made today. Nifty below XH3@5661, so target is 5639 to look for. Sounds good.

mynac said...

In first trading Hr.6 lac addition in 5700 PE would be heartening sign from Buyers point of view...If in next Hr.Nifty shall start to trade above HVT..Nevertheless ..would like to see tussle @ 5665..if Bulls shall try it...Let us see..By all

Nitin Kadam said...
This comment has been removed by the author.
SAM said...

Are FII's Fool Indian Retail Investors???

I have seen .. on CNBC.. yesterday morning.. before Market OPEN..

That Morgan STANLEY .. OVERWEIGHT on COAL INDIA( TGT of 413) and from yesterday( it held its prices till afternoon.. ) even today it is falling.. and broken its critical supports..

So are they only come with ratings... when they SAY BUY.. it means "YOU BUY and WE SELL"

Though I was short on COALINDIA .. at 294 (FUT) and Covered it yestedday only near closing... at 288.50

But I really surprice... why there is no agency asking them why they come with such Press releases....






Nitin Kadam said...

Today's Support & Resistances :->

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

Trend :- Down.

Strategy:-

Above 5720 , Bulls Will come back strongly.

Positional Buy Only Above 5765.

Levels for Short Re-Entry Trade :-

i) 5685-95 Zone.

Try to avoid over trading as its expiry day.
Taking short trade with 10-20 pts SL. in the zone 5685-95 is worth taking risk.


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

Ding A Dong said...

this table look perfect for the day to me...

http://postimg.org/image/4qvh2ll4z/

Ashutosh Agarwal said...

Sir what will happen if we close above low ema on month and week basis

Atharva said...

Good morning to all ; IF a=c then this shld be 5579 to 5679 being a=100 pts

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