Tuesday, November 19, 2013

Nifty Pre-Market View.

"6201 & 6269", 61.8% & 80% of the last fall from 6343 to 5972.
ST turned up at support zone of 5950-82(5972) and is uptrending.
MT turned down but paused with a close above WLEma.
Prices gapped above 6103 @ 6110 or 6114; as long as this gap is sustained, more bullishness of new highs possibility emerges.
If prices start to stagnate below 6201, the rise would remain as "corrective" only and weekly trend could start to assert from Thursday.
Keep the "fluid larger picture" in the background and plan your trading strategy with ST trend namely Day.

21 comments:

Adrian Jose said...

Good Morning Ilango Sir and Blogmates

venkateshspices said...

Good Morning Sir & friends

DNSHUKLA said...

Good Mng Sir and Friends.

Arif said...

Ilango ji,
Good Morning..

NEVER GIVE UP said...

Good Morning Sir & All Friends.

herry said...

good morning sir..

rama balaji said...

GM Ilangoji & all Blogmates

San said...

Good Morning Ilango Sir and Friends

Bank Nifty Chart analysis: CLICK HERE

Kumar said...

Namaskaaram GuruJi and Brother & Sisters,

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

All knowledge that the world has ever received comes from the mind; the infinite library of the universe is in our own mind.

- Swami Vivekananda

vk said...

Namaste Guruji.

Karthikeyan S said...

Good Morning Master and seniors

amber said...

Sir ILango ji charan vandan and everyone good morning

sudharsan said...

Good Morning Master and Friends

herry said...

DEAR SIR CAN BUGHT THIS LEVAL NIFTY ABOVE 6201...SO...?

Ilango said...

Bullish:
6174 6166 ... is 50%-61.8% retrace of the last rise from …… 6138 to 6210

80% is - 6152

If strength to return again, it should be around 6174 6166

Weakness gets confirmed Below 6166 OR 6152

sadanand balwant said...

Huge 7.5 Lac addition @6200 PE in first half an Hr.trading today looks quite impressive when initial modest HVT @ 6201.75

herry said...

ABOVE 6206 CAN BULL MOVE..?

herry said...

6210 TO 6186 OF 80% 6206 ABOVE BULL MOVE..SIR PLZ ANS ME...

m.veerasamy Maruthai said...

Good Morning Sir and Blog Mates

veerasamy

vksoni said...

Good morning ilango sir and blogmates

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