Monday, July 22, 2013

Nifty Pre-Market View.

Friday, July 19, 2013 Nifty Pre-Market View:-
 If the "intraday EW labeling continues to play out", prices should hold around the day's pivot-6021 and make a new high (around 6060) to complete "iii"rd wave. 22nd July: (Nifty made a high of 6064)
If "ABCDE in red", it should end with that high. 
If "12345 in green", that high is "iii"rd of 5th and "iv"th to hold again 6021 and another high (around 6075) to complete the 5th. And a reversal with prices being restricted below "6096". 
If prices move past "6096", a relook is needed. 22nd July(Above 6096, iiird wave is sub-dividing) 
Above obs considered taking into a/c Month "sell on rises till MHEma+40 points" and Week entering "OB" zone. 
In sum, new highs possible holding "6021"; Below "6021", it is weakness, possibly even a reversal to be confirmed with prices breaking 5993
22nd July: Consider weakness Below - 6038, possibly even a reversal to be confirmed with prices breaking 6021.
Wishing you lots of confidence & peace in your trading room.

99 comments:

Bala C said...

Good Morning, Ilango Ji

ITradeForProfit Daily said...

Guruji,

My sincerest namaskar on the occasion of Guru Purnima.

San said...

Good Morning Ilango Sir and Friends

L&T Charts Analysis before results: CLICK HERE

Bhushan said...

Good morning Gurudev and friends

Guru Brahma Gurur Vishnu
Guru Devo Maheshwaraha
Guru Saakshat Para Brahma
Tasmai Sri Gurave Namaha

Happy Guru Purnima

varun kumar said...

@ Ilango Guru Ji,

My sadar pranam and charan vandan on the occasion of Guru Purnima,

Jai hO !

DNSHUKLA said...

Good Mng Sir and Friends.

sarvesh said...

Good morning, Sir! Thank you for all the blessings and guidance and love.

Kumar said...

Namaskaaram GuruJi and Brother & Sisters,

Good Morning.

Have a Good Day. :)

Vaalga Valamudan.

Srinivasan Krishnamoorthy said...

Even on 19th itself I wanted to appreciate and thank for your observation.
Anyhow better than late, please accept my appreciation.

Jigar said...

@ Ilango Sir,

Last rise from 5975 to 6064 = 89 pts.
50% x 89 = 44.5
6064-44.5 = 6019.5

is this the reason 6021 is so important and breaking of which will cause a breakdown ?

Pattern Trading said...

Good morning master

Charan sparsh

vksoni said...

Ilango sir,
Pranam and sadar charan sparsh on ocassion of guru purnima.

J.R.Julius said...

Good Morning Sir & Blog-Mates,
Have a Happy and Prosperous Day. ♥
-
Camarilla Keylevels - Nifty Spot
H4@6055 ↑
H3@6042 ↓
L3@6016 ↑
L4@6004 ↓

J.R.Julius said...

Guru Purnima

I thank almighty for gave me each and every
Guru in right time in my Life.

Pramans Master.

Nilesh Patil said...

Good Morning Master & Friends
It is an incomparable journey where the You leads us
from the visible to the invisible,
from the material to the divine,
from the ephemeral to the eternal.
Thanks for being my Guru
“Happu Guru Poornima”

J.R.Julius said...

Dear Friends,
Please pray for Mr.Gauresh, our motivator
who has hospitalized because of high fever
on friday.

Get Well Soon Sir....

Prasad said...

When it comes to teaching .. you are the BEST.
Happy Guru Purnima!!

Pranam Sir.

rama balaji said...

GM Ilangoji & all blogmates

R.S. SUNDARAM said...

good morning Ilango sir and all.

R.S. SUNDARAM said...

good morning Ilango sir and all.

R.S. SUNDARAM said...

good morning Ilango sir and all.

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

vk said...

Namaskaram Guruji,
Goodmorning Blog-mates.
Happu Guru Poornima.
Vinay.

Amarendra said...

Good Morning Ilango ji and friends.

SJkolkata said...

Ilango sir please accept my heartful regards on the auspicious occasion of Guru Purnima.
May your blessings and path shown to us enlighten all of us in times to come.
Pranam.

Tushar said...

गुरुर्ब्रम्हा गुरुर्विष्णु: गुरुर्देवो महेश्वर! गुरु:साक्षात परब्रम्ह तस्मै श्री गुरुवे नम:!! गुरु पौर्णिमा निमीत्त हार्दिक शुभेँच्छा...!

NEVER GIVE UP said...

Good Morning Sir & All Friends.

HARISH TAHKKAR said...

To Sir,
With love,

http://www.youtube.com/watch?v=4dU-ZhoZjFM

saravanan k said...

Good morning Ilango sir & all blogmates,

Rgds
Saravanan

venkateshspices said...

Good Morning sir & friends

ALBELA HOUSE said...

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

Ravindra M said...

Respected Guruji,
GM And Pranam!

Guru - Trading Nirvana said...

Good morning Masters and friends..have a great and prosperous day ahead!!!

Suraj said...

Good Morning Ilango Sir and All Seniors and Friends

discipline focus said...

@Master,

You have been a guiding light for a lot of people, including me over the years.

From not being able to understand TechTable 4-5 years ago and its use to now having faith in them and using them to navigate, it has been a wholesome journey

Filled with joys, surprises, humbleness and doubts

but most important one filled with learning

A big thanks to you for starting, teaching, sharing and clearing doubts through this blog.

You have been an ideal 'Guru'

Regards
Discipline

Kiran said...

The word 'GURU is made of two words, 'GU' And 'RU'.
'GU' means darkness, 'RU' means one who dispels it.
Guru literally means 'the light'.........

Gu + ru = Guru
Gu = darknes, Andhera
Ru = Parkash, Roshni

Gu ru ........ ANDHERE SE PARKASH KI AUR LE JANE WALI SHAKTI.

ilango sir,
Please accept my pranam on this auspicious occasion.

Sanjay Jaiswal said...

Namaste and Happy Guru Purnima to Ilango Sir adn Blogmates...

Guru Purnima : Guru Pūrṇimā, sanskrit: गुरु पूर्णिमा) is a festival traditionally celebrated by Hindus and Buddhists, marked by ritualistic veneration of the Guru, Guru Puja. The word Guru is derived from two words, 'Gu' and 'Ru'. The Sanskrit root "Gu" means darkness or ignorance. "Ru" denotes the remover of that darkness. Therefore one who removes darkness of our ignorance is a Guru

eevra said...

Thanks Master for the Crystal Clear Pearls as a pre market views..

Manish said...

Happy Guru Poornima Gurudev.

Wish God to give you Health Wealth and Long Life.

May you get more energy to pursue your objective of spreading knowledge compassion and empathy to more and more people who come in contact with you.

Thanks and Regards Always !!!

kizar khan said...

Good Morning Ilango Sir and All Seniors and Friends.., i started learning JNSAR..but i having the possitions f 5800 put . shall i close today ..bought @22..

gauresh59 said...
This comment has been removed by the author.
gauresh59 said...

I am Mrs. Reshma Panchal, wife of Gauresh.
As Gauresh has been hospitalized since Friday due to severe fever.
for the first time I am posting message as per his direction for the occasion of Guru Purmima.

Pranam Gurudeve......

Today on occasion of Guru Poornima........

गुरु ब्रह्मा गुरुर्विष्णु: गुरुदेव महेश्वर: ।
गुरु साक्षात्परब्रह्म तस्मैश्री गुरुवे नम: ।।

Even by the very sipping of the charanamruta (the water with which the feet of Yours-Gurudev are washed), we get blessed by the eternal wealth (of liberating knowledge), and which dries up the endless ocean of seeking & the subsequent sorrows. My Salutations to the lotus-feet of Yours Gurudev.

The Gurudev is the beginning of the Universe, yet He himself is without a beginning, the Guru is the highest deity, and there is none higher than the Guru. My salutations at the lotus-feet of You - Gurudev.

From : gauresh & reshma

ganya said...

surrendering at your lotus feet

Jigar said...

Happy Guru Poornima Sir.

prakashbkc said...

GM Master,

Nifty is openining below 6021 So, reversal is now confirmed?

vignesh said...

Good morning Ilango sir... Happy Guru Purnima...

amber said...

Sir ILango ji charan vandan and everyone good morning
Please accept my charan vandan on this auspicious occasion.

rama balaji said...

Mrs.Reshma,
i wish Mr.gauresh a very speedy recovery

prakashbkc said...

Master,

Nifty made low of 6004 entered into wave i

green i-ii-iii-iv count invalid now?

kizar khan said...

Hi Masters, please save from huge loss.. shall i close 5800 put ?

vk said...

Gaureshji get well soon.
Vinay.

saravanan k said...

Reshmaji,

I pray God for a speedier recovery of Mr. Gauresh

Rgds
Saravanan

Piyush Sharda said...

sir,
my charan sparsh on occasion of guru purnima.
------------------------
wishing early recovery gauresh bhai

shaileshkumar mehta said...

Dear Sir
I am extremely Grateful to you for making me a successful & confident trader.
With Warm Regards

santosh said...

Guru Is Aspiration,
Guru Is Inspiration
Happy Guru Purnima

kizar khan said...

Hi Shailesh ur from kadapa andhra pradesh.

akki_tank007 said...

Happy Guru Purnima Ilango Sir

chetan said...

to dear master,
happy GURU POORNIMA.
BUDHHAM SHARNAM GACHHAMI...

Adrian Jose said...

Gaureshji, Wish u a cure soon and healthy days ahead

prakashbkc said...

Sadar Charan Sparsh Master on auspicious day of Guru Purnima

shriram said...

GM Master,

On the occassion of Guru Poornima, wish & Pray u & family, get the Best of things this life has to offer.

have a gr8 day!

Hemant Harke said...

Ilango Sir,

Happy Guru Purnima

da said...

Happy Guru Purnima...Thanx a lot...guruji...This is first time I posted here..in last 4 yrs...great journey...

jvr said...

GoodMorning Master,

On the occasion of Guru Poornima, wishing and praying to get the Best things your life.

Nikunj Dharsandiya said...

Happy Guru Purnima sir....

m.veerasamy Maruthai said...

GOOD MORNING SIR AND BLOGMATES

Rajaram'z said...

Guruji,

I'm honored to have you as guru, not only due to your guidance for the markets, but in essence the larger meaning of life. You are helping us to understand our-self through your selfless devotion.

Valtha vayathilai, aathalal vanangukiran (Dont have the age, experience and maturity to wish you therefore Pranams)

Ananyavrat said...

above 6038 target could be 6060 / 6096?
as per my reading europe will open strong...
stoploss 6021
waiting for ilango's next update

cooldent said...

Happy Guru Poornima Sir

Jeetendra Mistry said...

Happy Guru Purnima to ALL, for teaching something in life, some time...especially to Sir Ilango.

Trader Junkie said...

Dear Ilango Sir - Thank you for all the teachings and guidance for all these years.

You truly have been my Guru !

With lots of regards and respects to you Sir

Happy guru poornima !

NEVER GIVE UP said...

Dear Sir Happy Guru Purnima.

Charan Sparsh.

J.R.Julius said...

Nifty Spot floating around Pivot Point@6039 and H3@6042. Intraday Traders observe the Price Action.

Jigar said...

@ Sir and Seniors,

Nifty broke 6021 and is now above 6038 as well, what should we conclude here ?

mynac said...

Dear Ilango,
Charan Sparsh on the occasion of Gurupoornima.

Dear gauresh,
Wishing you fast recovery...Get well soon...

With Regards...

stranger said...

@julius sir, as range between h3 nd h4 is narrow, if we sell at 6042 ( h3) we shd keep sl of 6062, instead of h4 (6055), plz guide???

Yash and Dhan said...

Jai Gurudev,
Good morning all senior friends,
Happy trading,

krishna said...

Guru is Aspiration,
Guru is Inspiration

Happy Guru Purnima Sir

prashant shah said...

As you walk with the Guru, you walk in the light of existence,away from the darkness of ignorance.you leave behind all the problems of your life and,move towards the peak experiences of life. HAPPY GURU PURNIMA ..SIR ....

Atharva said...

Good morning & Happy Guru purnima

Parminder said...

Master ilango and friends,
Good morning to all
Regards

anmpatel said...

@master and friends good morning

master charan sparsh on guru purnima.

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

master
charan spash on guru purnima

pravin said...

@Master and JN friends,
Happy Guru Purnima to all.

Gita said...

Master,

Thanks for being with us...everyday for the past 5 years and for several years from now.

Love and Regards

ak said...

SIR AND SENIORS
NIFTY NOW AGAIN BELOW DECISIVE 6038 LEVEL

is it sign of weakness

Jiignesh P Kumbhaani said...

Pranam Gurudev

गुरुर्ब्रम्हा गुरुर्विष्णु: गुरुर्देवो महेश्वर! गुरु:साक्षात परब्रम्ह तस्मै श्री गुरुवे नम:!! गुरु पौर्णिमा निमीत्त हार्दिक शुभेँच्छा...!

Suraj said...

Respected Ilango Sir,

Happy Guru Purnima to you.

With Regards
Arvind

Suraj said...

Dear Gauresh Ji,

Wishing you speedy recovery.

Regards
Arvind

veer said...

@Gurudev

Pranam.

Regards,

Veer

Venkat said...

Shastang Namaskar at lotus feet of guru.

kat said...

Goodmorning Ilangosir and all the blogmates.
Happy Gurupoornima.

Lalit said...

Ilango sir,
Pranam and sadar charan sparsh on ocassion of guru purnima.

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