Thursday, October 24, 2013

Nifty Pre-Market View.

If (4), it breaks the trendline & reverses @ around "6115-27".
 If falls below 6115, it could be:
"B" completed and "C" towards 5900 or lower possible.
"1st" wave from 5701 completed and the "2"nd wave correcting the rise from 5701 to 6220 unfolding.
-------------------------------------------------
For the opening session, if prices hold above the 61.8% or 80% of the rise from 6117(presently @ 6142-30), (5)th wave continues.
If breaks below 61.8% or 80% of the rise from 6117(presently @ 6142-30), "B" wave or 2nd wave gains prominence.

30 comments:

Sonu said...

Good morning Master and Friends!

San said...

Good Morning Ilango Sir and Friends

BANK Nifty chart analysis: CLICK HERE

Bala C said...



Good Morning, Ilango Ji

Nilesh Patil said...

Good Morning Master & Friends

venkateshspices said...

Good Morning sir & friends

Adrian Jose said...

Good Morning Ilango Sir and Blogmates

herry said...

good morning sirji..

Jagan said...

Namaste Ilango Sir And All.

@Ilango SIr,
5 DEMA is 6164 in TT. and 6176 in Chart.

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

shiva said...

good morning, sir and senior friends..

Sonu said...

@ Master,

Does breach of 6199, confirm (5) or we need to look for other evidence too?

vk said...

Namaste Guruji.
Vinay.

NEVER GIVE UP said...

Good Morning Sir & All Friends.

DNSHUKLA said...

Good Mng Sir and Friends.

sudharsan said...

Good Morning Master And Friends

R.S. SUNDARAM said...

Good morning Ilango sir and every one in this blog

Parminder said...

Master ilango and friends, Good morning to all
Regards

rama balaji said...

GM Ilangoji & all blogmates

Prakash said...

gudmorning master and all frnds

Arif said...

Ilangoji,
Good Morning...

amber said...

Sir ILango ji charan vandan and everyone good morning

salimkabani said...
This comment has been removed by the author.
shriram said...

GM Master & JN family,

Have a nice day !

Ilango said...

6117-6183: (i)-66 pt
6183-6163:(ii)
6163-xxxxx:(iii)-6163+(66x1.618)=6269.

Ilango said...

Intraday weakness below "6209".

m.veerasamy Maruthai said...

Good Morning Sir and Blog Mates

veerasamy

Post a Comment