Friday, June 7, 2013

Nifty Pre-Market View.

Day of "weekly trend" to assert itself. And daily trend, too, is in downtrend.
Below "5874", 50dsma, the support zone comes around 5845.
If manages to hold above "5885", the pause/ reversal possibility could work and the resistances would be 5940-51 initially and then "5971"..
+ve div in Hour has to fight the larger trend; Day S.Macd is poised to enter negative zone.



54 comments:

Bala C said...

Good Morning, Ilango Ji

MCX Gold Silver said...

Good Morning sir

J.R.Julius said...

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

J.R.Julius said...

H4@5969 ↑
H3@5945 ↓
L3@5897 ↑
L4@5874 ↓

Unknown said...

GM Ilangoji & all blogmates

Kumar said...

Namaskaaram GuruJi and Brother & Sisters,

Good Morning.

Have a Good Day :)

DNSHUKLA said...

Good Mng Sir and friends.

Parminder said...

Master ilango,
Very gooud morning
Regards
☺☺

R.S. SUNDARAM said...

Good morning Ilango sir, Julius and everyone. Happy and profitable trading day.

R.S. SUNDARAM said...

Good morning Ilango sir, Julius and everyone. Happy and profitable trading day.

Unknown said...

GOOD MORNING iLANGO SIR & ALL

Prakash said...

Gud Morning Master & all frnds
" Jai Sai Ram "

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

Unknown said...

Good morning ìlango sir all blogmates

Rgds
Saravanan

venkateshspices said...

Good Morning & friends

amber said...

Sir ILango ji charan vandan and good morning everyone

Natti said...

Suprabhatha

Anonymous said...

Good Mrng Master & JN Family...

Today's Quote: Success seems to be largely a matter of hanging on after others have let go - William Feather

Good Day Guys...

Abhi said...

Hi,

Do not have plan now. Will decide on how market reacts.

Abhi said...

retrace of the fall from 5957 to xxxx would be deciding.

Crorepathi said...

Jai ho...

Prashant said...

Intra day plan: buy 5902(61% fibo level) sl 5886((80%) target 5935,
Sell below 5886 target 5855/lower

Positional trade: sold at 6085, SAR 5992

chetas said...

Open high same for

NF, BNF sensex, sensex Fut

Anandha said...

L&T above L3, Good to go long. for target

H4@1449
H3@1440

H2@1437
H1@1434

L1@1427
L2@1424
L3@1421
L4@1412


Hemant Harke said...

http://prntscr.com/18lmdx

sandeep bhoite said...

@Master,
80% of last fall done. is this possibility of 2nd wave done?

Abhi said...

today orb breakout/breakdown would be considered.

rochak parekh said...

@ prakash

jai sai ram

OM SAI RAM

NEVER GIVE UP said...

Good Morning Sir & All Friends.

Prashant said...

orb buy at 5910 sl 5886

Prashant said...

Two intra day buy signals have emerged: orb, fibo
both with sl at 5886, this hour's close will provide another cue

Amarendra said...

Good Morning, Sir!

Atharva said...

Gm to all & Master : Sir JNSAR shld be 6003 in trade table .. is it wrongly mentioned 6031 for today??

Renju Sivasankaran said...

Prashant Ji,

Add a bit filter and keep it as 5916 (Pivot) of the day.

Thanks,
Renju.S

Abhi said...

Nifty is bought now. SL is today's low.

Yogavidya by Parimal Devnath said...

Namaste Dear Sir and all friends
Have a nice day

it would be not so easy for bears to break 5900

Suraj said...

Good Morning Ilango Sir and All Friends

Abhi said...

First 2 hours closing would be very important.

I Trade 4 Profit Daily said...

Nifty trading consistently below Pivot Point.

cooldent said...

and BN above pivot

Renju Sivasankaran said...

Ilango Ji,

Some thing out of TA topic..

Have you ever imagined in your wild dreams if there is a possibility of devaluing dollar currency and removing dollar as the "Global" currency for trades due the raising debt of US and repeated printing of US dollars by US govt?

Thanks,
Renju.S

jay shah said...

gm dear sir and freinds

SJkolkata said...

Nifty OI at lowest for many years.

Anandha said...

Does any one see Bank Nifty 5 Minuts chart including with Y'days data forming HnS if not crossed above 12578?

jay shah said...

prashant ji, , a differnt opinion short at current levels as its trading below the pivot and it can also be a false orb breakout im assuming that now as since dow was up last nite and futures is currently down more chance of downsides now will have a small 10 point sl for my shorts

Anandha said...

with Neckline@12308 on Bank Nifty Futures.

Unknown said...

God Gifted mansoon Enjoy It.

Yogavidya by Parimal Devnath said...

Anandha
H&S criterion do not fulfill BN chart or even NS chart

videv said...

Suprabhatam Master Ilango and friends...

Natti said...

Taking shorts near the pivot 5916 With 15 Points Stop

Yogavidya by Parimal Devnath said...

NS in the process of opening gap filling towards 21, 34 hrsma

Anandha said...

@ Piramil, I'm not speaking about earlier larger picture of HnS. Speaking about the HnS created for two days data with 5 minutes candles.
Please any seniors comments on this?

Prashant said...

closed above hlema

Ilango said...

New Post Done.

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