Tuesday, November 26, 2013

Nifty Pre-Market View.

Month Trend "UP"; Week Trend "Down"; Day Trend "UP sans momentum"...and...
Prices retraced "golden ratio" @ 6121. More strength "only" on sustaining 6121 & 6165.
Last rise retrace @ 6070-80 & 6060-Wk.pivot are the immediate supports.
If "relief rally", it should resume fall having completed golden retrace.
If "reversal", it should hold "6031-37"(or 6003) and move past 6125 & 6165.
Presently focus on "Day" holding "6077" & "DLEma"...

37 comments:

NEVER GIVE UP said...

Good Morning Sir & All Friends.

vksoni said...

Good morning ilango sir and blogmates

DNSHUKLA said...

Good Mng Sir an Friends.

Nilesh Patil said...

Good Morning Master & Friends

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

Manish said...

Goodmorning master and all friends,

Cost of carry in NF has gone down and the cash volumes were below avergae yesterday...

Manish said...

@ master,

Could you help learn why the market not buy on dips considering month to show effect in next four days and price entered WLema and also close to Dhema.

venkateshspices said...

Good Morning Master & friends

Indian Trader said...

Good Morning Master & Friends...

rama balaji said...

GM Ilangoji & all blogmates

D.S.SASAN said...

Good Morning Sir and blog mates.

vk said...

Namaste Guruji.

Anandha said...

Sanjay sir, Is this possible that price gets rejected here at 6130 - 6160 levels and then a fall till 5850 levels by month end option expiry ?

Rajiv Shiva Vadodara said...

Namaste & Good morning ilango sir and blogmates

shriram said...

GM Master & JN Family,

If rise is a ZZ, it will try to hit 6140 NS @ min, and 6170 NS optimal (C=A) before reversing down.

If rise is a new trend, it will continue to hold 5DEMA and take out DhIEMA in the days to come, EOD basis

have a gr8 day!

Stockathon said...

Good Morning Master & Friends...

m.veerasamy Maruthai said...

Good Morning Sir and Blog Mates

veerasamy

Karthikeyan S said...

Good Morning Master and seniors

amber said...

Sir ILango ji charan vandan and everyone good morning

PRAKI73 said...

Is JNSAR triggered??

Janak said...

NS at JNSAR 6106! Already went down 20 pts below that .....now?

PRAKI73 said...

As per pre market analysis...Week trend is Down..Now we have to take short positions..Am I correct, Seniors please guide me

Squander Star said...

Good Mrng Master & friends

" Attitude is a little thing that makes a big difference"

---Winston Churchill

Happy day Guys

shiva said...

good morning, Sir and friends..

Ilango said...

@ Manish,

Prices in 3 T/f, Day, week & Month, are below HEmas and near them. Though prices closed above MHEma last month, prices in week & Day are closing below HEmas. We trade based on shorter version. Until the shorter version gets aligned with LT, only trading opportunities emerge and momentum remains elusive.

Current week happens to be the "last week of the month" and there is expectation of momentum returning. It will if it keeps above 6035 (or 6003) and sustains above 6121 & 6169.

Prabhanshu Raman said...

Frns, jnsar trade. . Jnsar long triggered yday and it need to be managed from today's jnsar 6106-20 ie 6086. If nifty goes below 6086 then convert long position into short. Low made til now is 6087.76 which means long position still hold

vishnu said...

Respected Sir and blogmates,

Very Good Morning

Dear Janak JNSAR 6106-20=6086 however todays low is 6087.75. so as per my calculation yet JNSAR is not hit in downside. Seniors please correct me.

Prithvi Raulji said...

@Praki73,

At this time we are trading with monthly TA and Daily TA, Weekly Trade emerge Tomorrow or on Thursday

Raghavendra said...

@ ShriRam,

Adding more to your numbers between 6140 - 6170 using pivots.

Day R1 : 6147
Week R1 : 6148
Developing December month Pivot : 6144

Raghavendra

Pattern Trading said...

Good morning master and all :)

A baby five finished on 1 min chart from today's day low..

Manish said...

Thanks master.Got it !!!

Parminder said...

Master ilango and friends.
good morning to all
Regards

Himansu Mehta said...

sir,
will someone inform me what happens after

5waves, then corrective zz1 ,, ...X , zz2... then a triangle .....
what to expect ?
h.mehta

zig zag1

Rajiv Shiva Vadodara said...

Namaste & Good morning ilango sir and blogmates ...!

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