Thursday, October 3, 2013

Nifty Pre-Market View.

Based on the 3 EW labels posted in the chart, "5875" is critical in the ST. And JNSAR-5870 is positioned there today.
Tuesday's rally was supported by +ve div in Hour and OS Day. If that is strong enough, it should cross "5875" while holding "5735-50".
Weekly trend is still UP but with a "sell on rises". That rise is on probably. How far? -is what the "tussle between week & Day TA".
Be brutally truthful to your observations; that is the only way to being successful in your trading career; the Mahatma's way. 

26 comments:

Ilango said...

Month Open is "5756", strength above it;

Week Open is "5801", more strength above it.

anmpatel said...

good morning master and friends

deepak pinto said...
This comment has been removed by the author.
Adrian Jose said...

Good Morning Ilango Sir and Blogmates

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

vk said...

Namaste Guruji.
Vinay.

Prabhanshu said...

Gm Sir and friends.
If goes above 5875 then should we follow retrace the fall from 5938/6013 to 5701?
From retrace perspective strength only above 5875 and if Weekness has to return should be from 5810-35.

Prabhanshu said...

To add, we have 200 dsma at 5839 and dhema at 5858 (+-20) which may provide resistence ie from 5839-58-70-75-78

Hemanth said...

Bullish hammer that we observed on Tuesday requires a gap up opening today,looks like we are on for a gap up opening...
Pattern might be valid

NEVER GIVE UP said...

Good Morning Sir & All Friends.

leon said...

There seems to be a huge difference between the 5DEMA as per TT and as per Google finance. Has anyone looked at the reasons for that.

shree said...

Short should reverse or keep eye on JNSAR ONLY???

m.veerasamy Maruthai said...

Good morning Sir and blog mates

DNSHUKLA said...

Good Mng Sir and Friends.

venkateshspices said...

Good Morning sir & friends

Stockathon said...

Good Morning Ilango Sir & Friends...

shree said...

I have considered resistance here with JNSAR as sl....

Prakash said...

Gudmorning Master and all frnds

shree said...

I have considered resistance here with JNSAR as sl....for intra...H4 5827

Nilesh Patil said...

Good Morning Master & Friends

D.S.SASAN said...

Good Morning Sir, Seniors and blogmates.

Squander Star said...

Good Mrng Master & JN family...

Wish everyone a happy thursday....

amber said...

Sir ILango ji charan vandan and everyone good morning

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