Monday, November 18, 2013

Nifty Pre-Market View.

Weekly trend has turned down while the daily has just done a "pause" in its downtrend.
A 5-wave downmove got completed from 6343 to 5972 and a corrective bounce is on.
(Alternatively, 4th wave got completed @ 6102 and the 5th wave is in progress.)
Holding 6000, this bounce would continue.
(Breaking 6000, the fall would continue.)
"6158"-50% is the resistance for the day. And 6201, 61.8% in the coming days.
Thank you for your prayers & wishes; we feel blessed.

21 comments:

Bala C said...


Good Morning, Ilango Ji

DNSHUKLA said...

Good Mng Sir and Friends.

Kumar said...

Namaskaaram GuruJi and Brother & Sisters,

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

All is the Self or Brahman. The saint, the sinner, the lamb, the tiger, even the murderer, as far as they have any reality, can be nothing else, because there is nothing else.

- Swami Vivekananda

Prabhanshu Raman said...

Good morning sir and friends. Have a profitable day to all.

venkateshspices said...

Good Morning sir & friends

San said...

Good Morning Ilango Sir and Friends

NIFTY Chart analysis: CLICK HERE

NEVER GIVE UP said...

Good Morning Sir & All Friends.

vk said...

Namaste Guruji.

gkm223 said...

when the words by you 'relief rally' will be negated., sir?

m.veerasamy Maruthai said...

Good Morning Sir and Blog Mates

veerasamy

rama balaji said...

GM Ilangoji & all Blogmates

amber said...

Sir ILango ji charan vandan and everyone good morning

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

dinesh said...

JnSAR long hit almost at the opening. Will it sustain?

Karthikeyan S said...

Good Morning Master and seniors

jvr said...

Good Morning MAster and Friends

vishnu said...

Respected Sir and friends
Suprabhat

anmpatel said...

@dinesh
no body knows....just do it.

Ilango said...

@ gkm223,

Relief rally would turn into "continuation of uptrend from 5119 (or 5701) if it manages to "sustain 6201" and "move past 6270".

Amol Sharma said...

6170 and 6220 watch out these two levels.

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