Friday, September 27, 2013

Nifty Pre-Market view.

No study needs our certification. They are just fine.
Learn to apply them objectively.
And you'll learn well once "bolti bandh hogaya toh".
If you are here for "making money", focus only on using the tools of studies whatever they may be. And share your such "application of studies & results" in a way it'll benefit others in grasping..like few readers here have been doing for quite sometime consistently. Do not disturb them, if you can not contribute anything sensibly.
If a tool is found to be not useful in realising profits, why do you get obsessed with it or its presence?
Find the one that suits your intelligence and temperament, follow it.
Some run a petty shop...and some a departmental store....some even graduate from a petty shop to a bigger one and some day the owner of a departmental store. All are well respected since all are working honestly, sincerely.
Never compare yourself with others. That is a sure recipe for unhappiness.
Find your nature, your capabilities....exploit it to the maximum. And while doing so, you'll start realising unimaginable potential hidden in you. Have patience and have a strong belief that "you can do it".
Do it your way. Even if you make 500 or 1000, let it be your learning and applying. You'll soon find the confidence in you growing and hold on to that confidence, the invaluable capital in this world. Once you have that, you can do anything, provided you maintain an equilibrium/ a balance in success & failures.
I wish you only the very best. Boldness has genius.
-----------------------------------------------------------------------------
Prices retreated on reaching "5918" yesterday sharply. Monitor the retrace of 5811-5918.
Since the rise was of 3 waves, it could retrace any %. We'll observe the usual 50%-61.8% wherein lies "DLEma". The ST direction is down till below 5910-20(approx).
Two possibilities labelled:
If "2" done, 3rd will open down but its severity may not be felt today.
If "a" done, "b" will frustrate the traders.
WHema & DLEma are likely to act as a trading range and break-out/ down.

32 comments:

Adrian Jose said...

Good Morning Ilango Sir and Blog mates

Bala C said...


Good Morning, Ilango Ji


Salute to your selfless-sincere-continued-tireless (I mean it) effort to educate us ...

Nilesh Patil said...

Good Morning Master & Friends

anmpatel said...

Good morning master and friends

San said...

Good Morning Ilango Sir and Friends

NIFTY Chart analysis: CLICK HERE

dharmu mishra said...

dear anmpatel were r u from and how u manage ur trading with ur responsibility of doctor heads off to u yaar hv great day

DNSHUKLA said...

Good Mng Sir and Friends.

venkateshspices said...

Good Morning sir & friends

Parminder said...

Master ilango and friends,
Good morning to all
Regards

Squander Star said...

Good morning master....

" If a tool is found to be not useful in realising profits, why do you get obsessed with it or its presence?

Boldness has genius."

word's for me

thanks a ton

rama balaji said...

GM Ilangoji & all Blogmates

Faisal said...

Good Morning Sir,
If your all pre-market views are compiled, it should be a great book on share trading.

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

Arif said...

Ilango ji,
Good Morning...

Prakash said...

gudmorning master and all frnds

NEVER GIVE UP said...

Good Morning Sir & All Friends.

Karthi Keyan said...

Now we see Wave 1 to 2 in wave 2 abc structure wave b completed now c=a 5970,85,61.8% of wave1 6020 or atl break support 5811,then Wave 3 start to large down 5560,50

m.veerasamy Maruthai said...

Good morning to sir and blog mates. also am grateful to all our blog mates who congratulated
me. the entire credit goes to our master only.

veerasamy

shriram said...

GM Master & JN Family,

very wise words sir..

<< If a tool is found to be not useful in realising profits, why do you get obsessed with it or its presence?
Find the one that suits your intelligence and temperament, follow it.
Some run a petty shop...and some a departmental store....some even graduate from a petty shop to a bigger one and some day the owner of a departmental store. All are well respected since all are working honestly, sincerely.
Never compare yourself with others. That is a sure recipe for unhappiness. >>

Tks a lot :-)

vk said...

Namaste Guruji.
Vinay.

Varadarajulu Venkatesan said...

Good Morning Master and JN Mates

Thanks for your holy trading advise and I think Nifty is making Head and Shoulder pattern in daily chart.

Bharat Kumar said...

@Ilango Sir - Seems like the 'b' wave option...?

amber said...

Sir ILango ji charan vandan and everyone good morning

anmpatel said...

Thoda sa joking ho jaaye...its a best medicine..

Prove that 2/10=2

Japanese student: Wrong question.

Pakistani student: Hum toh school hi nahi Gaya.

American student:
It's strange, how is it possible?

Indian Rajnikant solved it:

Two / Ten
=wo/en
(T with T cancel)
w = 23rd letter
o = 15th letter
e = 5th letter
n = 14th letter
So,
23+15 / 5+14
= 38 / 19
= 2
Saala Maths ka itihaas hila dala.

YANNA RASCALA, MIND IT !! 

Ilango said...

For the keen trader, one trade gets done based on Pre-Market View:
------------------------------------------------------------------------
Prices retreated on reaching "5918" yesterday sharply. Monitor the retrace of 5811-5918.
Since the rise was of 3 waves, it could retrace any %. We'll observe the usual 50%-61.8% wherein lies "DLEma". The ST direction is down till below 5910-20(approx).
----------------------------------------------------------------------
High @ 5909.(Till below 5910-20)
Low @ 5856.(DLEma)

anmpatel said...

@dharmu
I am from ahemedabad...trading is my passion. ..
I use positional only with jnsar only...partbook first lot and rest hold till jnsar hit...my professional life dont allow me to trade intraday etc...but when free usme bhi haath aazama lete hai!!!!
I have trust in jnsar like my anesthetic medicine...sure shot.
where r u from?

dharmu mishra said...

respected llango sir as per pre market view u said
If "2" done, 3rd will open down but its severity may not be felt today.
sir will u pls explain why is it so for today as wave 3 r always considered furious in action.

gauresh59 said...

@ shriram,

also add :

Do it your way....................... let it be your learning and applying. You'll soon find the confidence in you growing and hold on to that confidence, the invaluable capital in this world. Once you have that, you can do anything, provided you maintain an equilibrium/ a balance in success & failures.

Many many thanks sir, for your golden words....

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