Thursday, November 7, 2013

Nifty Pre-Market View.

Hourly channel support is around 6180. It is now @ 6195 but 6180 is 61.8% retrace point.
ST resistances have been found @ 6278-6294. It has now come down to 6247-54.
Prices have closed below 34Hr Sma.
2 Day-Low is 6244; Break would confirm a ST reversal. Broken & confirmed a ST reversal.
5 Day-Low would be today's low; Another critical number for coming days. It is 6209.
If 6130 is broken in the coming days, it would suggest of a larger retrace(from 5701-6343) or even a reversal.

27 comments:

DNSHUKLA said...

Good Mng Sir and Friends.

Karthikeyan S said...

Good Morning, Master and seniors.

Trader Junkie said...

good morning Sir and JN colleagues. Seems like today is an acid test for bulls if they are to hold the trend !

venkateshspices said...

Good Morning sir & friends

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

GP said...

GOOD MORNING EVERYONE

NEVER GIVE UP said...

Good Morning Sir & All Friends.

herry said...

gd morninig sirji...

m.veerasamy Maruthai said...

Good Morning Sir and Blog Mates

veerasamy


adishivam said...

Good Morning Sir and Seniors.

Pattern Trading said...

My dear master and blogmates ...

good morning and have a profitable trading day :)

anmpatel said...

@master
good morning

one request. .please replace hourly jnsar number in chart with day as before as we trade it on daily basis...as before.
thanks.

R.S. SUNDARAM said...

Good morning Ilango sir and blogmates

Sonu said...

Good Morning Master and Friends!

rama balaji said...

GM Ilangoji & all Blogmates

Prakash said...

gudmorning master and all frnds

Kumar said...

Namaskaaram GuruJi and Brother & Sisters,

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

“The earth is enjoyed by heroes”—this is the unfailing truth. Be a hero. Always say, “I have no fear.”

- Swami Vivekananda

mynac said...

G M Everybody,
In today's adverse condition,if Bulls want to return in the game then it would be the right time for them if they would not allow Nifty to go much down below 6200,if it try.
6200 CE writers are hesitant and negligible shedding in nearest 6300 PE...
Dema would prove key No. Let us see..

Ravi Pillai said...

SIR
Good Morning.
Ravi

Suraj said...

Good Morning Ilango Sir and All Seniors and Friends

shriram said...

GM Master & JN Family,

have a gr8 day !

shiva said...

Good morning, Sir, and friends..

D.S.SASAN said...

Good Morning Sir and blog mates.

Manish said...

Goodmorning master and all friends,

Have a Great session !!!

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