Wednesday, June 5, 2013

Nifty Pre-Market View.

Trade: 5880--- 5910-15---5955----5980-95--- 6010+; Trade the ranges (of 04th June-High made 5981; low 5910)
Nifty Pre-Market View.(04th June)
We are, presently, following the market using "Pivot table" since yesterday. Reading through the write up would provide a trader with an "intraday trading strategy".
"The struggle" is in the process of being shifted to "Sub-5900" in the coming two or three days, if prices are kept below 5995.
 "Sub-5900" has many key averages as medium term supports starting with 100dsma/10wksma to 50dsma/MEma.
Pidikkada pondaatti ninnallum kutram..ukkarndaalum kutram
Try to be objective...we're surrounded by biased souls in every sphere of life.
If you remain objective, all your answers will reveal itself to you.
Summa iru...
(A critical day or two- whether a ST bottom will be attempted @ critical averages; Failure will drag it to the next key point-200dsma; Conquering "5971" is the minimum needed for bulls.)

49 comments:

Bala C said...

Good Morning, Ilango Ji

Suraj said...

Good Morning Ilango Sir and All Friends

Pattern Trading said...

Good morning master and all

@ Bala ji ,

Can you please share your mail id with me if you don't mind ...

cooldent said...

Gm sir and everyone

.....and those biased souls will remain unknown.

Kalyankumar said...

good morning everybody

San said...

Good Morning Ilango Sir and Friends

NIFTY Chart update: CLICK HERE

marina s rao said...

GM Master and Blogmates - M S Rao

Kumar said...

Namaskaaram GuruJi and Brother & Sisters,

Good Morning.

Have a Good Day :)

ALBELA HOUSE said...

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

Unknown said...

Good morning Ilango Sir & all blogmates

Rgds
Saravanan

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

Parminder said...

Master ilango ,
Very good morning
Regards
☺☺

Yogi said...

Yogi's Pre-Market
JNSAR Trend : DOWN (I plot Daily JNSAR graph for underlying trend)

Entry : Done
Exit : When daily 5-D is below 20 (done) and hourly 35-D triggers up(waiting for sign of reversal).
Stoploss : 5980

Regards
Yogi

Unknown said...

Good Morning Ilango sir & all...

Unknown said...

GM Ilangoji & all blogmates

Prakash said...

Gud Morning Master and all frnds
"jai Sai Ram"

videv said...

Suprabhatam Master Ilango and friends...

J.R.Julius said...

Good Morning Sir & All,
Have a Happy & Prosperous Day.

J.R.Julius said...

https://docs.google.com/file/d/0B6E7FS_cyscIU0FuUlV0cU0weVE/edit?usp=sharing

DNSHUKLA said...

Good mng Master and friends.

J.R.Julius said...
This comment has been removed by the author.
J.R.Julius said...

Magic Numbers for trading don’t exist, but a trader who can follow the trend using relevant numbers can do Magic.

Camarilla Keylevels - Nifty Spot
H4@5959 ↑
H3@5939 ↓
L3@5900 ↑
L4@5880 ↓

By watching Camarilla levels, You will start to Notice the Market in a new perspective. It is not a Holy Grail, But a Map.

suresh said...

if ns open > 5946 then can bounce to 5990

Unknown said...

@Julius,
will go thru slowly,thnx

venkateshspices said...

Good morning sir & friends

amber said...

Sir ILango ji charan vandan and everyone good morning

Anonymous said...

Good Mrng Master & JN Family

புடிக்காத பொண்டாட்டி நின்னாலும் குற்றம் உட்கார்ந்தாலும் குற்றம் ....

master hope this suites ppl with complaints

இருப்பதை விட்டு பறப்பதை புடிக்கபோன கடைசியில் எதுவும் இருக்காது

Guru Krish (Trading Nirvana) said...

Julius --- Good to see you back.. have a great day ahead!!

Anonymous said...

What we see depends mainly on what we look for. -John Lubbock

If learning and earning is our motto there are plenty of good stuffs here with an amazing teacher.

If its about complaining and questioning everything here then it should be done in-front of the mirror

Good Day Guys

The_Unprejudiced_Observer said...

Good morning Ilangoji and copy to all

Amarendra said...

Good Morning, Sir!

Natti said...

Suprabhatam.
Will market bounce today or go below 5900 today

NEVER GIVE UP said...

Good Morning Sir & All Friends.

suresh said...

Julius ji,
good morning, good to c u back

NOBLE said...

Good Morning Master & blogmates

Yogavidya by Parimal Devnath said...

Namaste Dear Sir and all friends
Have a nice day without distraction, pls

Sujatha said...

GM sir nd friends :)

sirrrrrrrrrrr - i laughed like anything ..good proverb..adding another one "mamiyar udaicha mann kudam, marumagal udaicha ponkudam" ha ha :D :) yenna nadakudho kadavule, kadavule...

time to leave.. have a good day to all

Nilesh Deshpande said...

ATR Based trading signals

Buy Zone : From 5876.95 to 5855.7

Breakdown below : 5851.45

Breakdown target : 5780.8

Sell Zone : From 5961.95 to 5983.2

Breakout above : 5987.45

Breakout target : 6035.8

Unknown said...

Sir
As ur focus this week isTT.
I would like to share this observation.
When trend indicator is down and triggered
Wait for bounces to take prices above hhema.
When the prices then close below hhema and dlema any hour after that go short.
50 points garunteed.
When trend is up ,do the reverse.

But this requires sir to update the TT hourly.
Hope he obliges
Thanks

Unknown said...

neckline breakout target at 5780

Abhi said...

Conservative trade - No position.

J.R.Julius said...

Camarilla Update - Nifty Spot
Scenario#3
L3@5900 ↑
L4@5880 ↓

Backtest Rules - Penetration/Price Rejection should be confirmed around entry levels in 5 minutes chart - 20pts SL - Partbook 1:1 - Remaining TSL using TL/MA

Nilesh Patil said...

Good Morning Master & Friends

Unknown said...

goodmorning sir,julius sir and other blogmates

sir i have two questions if anyone can help me,
Q1. when any script or nifty withing the day croses hema or lema and closes in five minutes candle then what is the sl.
q2. does the rule of ema applies in commodities and other scripts also except nifty and if it works in commodities then in what tf closing should be taken.

Unknown said...

Sir
Pivot 5937 has one more significance .
5936.5 is the swing low of wave down from 6134.
Assuming we are in 3 down or C down from 6229, any overlap into wave 1 or A is an indicator of turn and hence
Above 5936.5 sl for shorts .
If opportunity comes short close to it is a strategy by ew logic.

cooldent said...

Aditya

hema or lema of which TF, the closing ideally should be above or below in that tf is wt my understnding is

Unknown said...

cooldent
suppose a script closes below hema in 5d-5minute then what will be the sl and if closes above lema then what is the sl in daily tf.
in simple words how to initiate trade based on ema rules taking early positions.

Ilango said...

New Post Done.

Unknown said...

cooldent
like today lema is 5962 if today before the market closes if it croses 5962 then how to take positions or should be avoided.

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