Monday, November 11, 2013

Nifty Pre-Market View.

A pause is likely if previous two lows @ 6079-6117 is held.
Weekly reversals have been found to be effective in the past as shown in the chart.
Identify the pattern & "accept" the market bias sooner...these are the Crane strategies for the "Inactive" & the "Patient" ones....
Resistances would be Hr.JNSAR- week pivot.(6171-89)

27 comments:

venkatapathy l said...

Namaste Ilango Sir and blog friends.

LV

Bala C said...


Good Morning, Ilango Ji

Adrian Jose said...

Good Morning Ilango Sir and Blogmates

vk said...

Namaste Guruji.

prakashbkc said...

GM Master,

Can u elobrate more on DARK Cloud cover?

Raghavendra said...

Dear Ilango sir and All,

If we consider - a weekly close on Nov 1st & Muharat day part of last week then its a Bearish Engulfing candle.

Raghavendra

venkateshspices said...

Good morning sir & friends

Arif said...

Ilango ji,
Good Morning..

R.S. SUNDARAM said...

good morning Ilango sir and all blogmates.

NEVER GIVE UP said...

Good Morning Sir & All Friends.

rama balaji said...

GM Ilangoji & all Blogmates

GP said...

Good Morning Sir and blogmates

shiva said...

good morning, Sir and friiends..

Kumar said...

Namaskaaram GuruJi and Brother & Sisters,

Good Morning. Have a Good Day. Vaalga Nalamudan and Valamudan.

Above all, beware of compromises. Hold on to your own principles in weal or woe and never adjust them to others’ “fads” through the greed of getting supporters. Your Atman is the support of the universe—whose support do you stand in need of?


- Swami Vivekananda

Karthikeyan S said...

Good Morning, Master and seniors

shriram said...

GM Master & JN Family,

have a gr8 day !

Jaspal said...

Good Morning Master

Prakash said...

gudmorning master and all frnds

sudharsan said...

Good Morning Master and Friends...

Prabhanshu Raman said...

Sir, previous two lows 6079 and 6117 broken. So shd we consider downmove to continue without pause?

sudharsan said...

Master retrace is on for the last fall???

Piyush Sharda said...

sir,
6162-6071 50% 6117 61.8% 6127
applicable this time also?

nissan deka said...

BNF 25SMA @10833.15. above this BNF is likely to ROCK

nissan deka said...

80% rise in BNF in this current wave is 10864

Ilango said...

@ Piyush Sharda,

6126 6134 ... is 50%-61.8% retrace of the last fall from …… 6162 to 6089

80% is - 6147

If weakness is to return, it should be around 6126 6134

Strength gets confirmed above 6134 OR 6147

chetas said...

Good Morning Master, Shriram and friends;

Today for the first day, I am working from my new office which I have started with my partner, exclusively focused on trading and investments. My firm name is called "Moneyplant",

Felt like sharing this with all of you, feels good :)

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