Tuesday, December 17, 2013

Nifty Pre-Market View.

Nifty is in downtrend in "Day & Hour T/F" only.
Hour, with a close above HLEma, is in "Pause" mode.
Day continues to be in Sell mode. Any rises due to global cues would invite selling.
Only when prices close above DLEma, there could be a "Pause" in day T/f.
Remember also the "Sell on rises" from the week T/f in case prices close above DLEma; If so, allow prices to rise & day to become overbought for a sell.
On the other hand, if prices hold above.........Read 16th Nifty Pre-Market View:
Nifty heading towards 61.8% @ 6142.
Week TA has given a sell on rises which would take Nifty towards WLEma-6090 & Lower.
Oversold Hour TA would produce a minor bounce only if Nifty is able to find a support near 6142 & 6130, 50dsma.
On Friday, Nifty showed a critical intraday resistances @ 6185, day pivot @ 6179.
Last fall progressing from 6187.
Manage your "intraday trades" accordingly.
"Sell on Rise" continues till below "6243-51".

31 comments:

Kalyan Kumar said...

காலை வணக்கம் அனைவருக்கும்.,

DNSHUKLA said...

Good Mng Sir and Friends.

NEVER GIVE UP said...

Good Morning Sir & All Friends.

Rajesh said...

Good Morning Sir & Friends. Again nice guidance before market opening.

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

shekar said...

Namaste sir
Today price trading above 21 dsma shall we consider stop at 21 dsma

Bhushan said...

Good Morning Gurudev and friends!

Arif said...

Ilango ji,
Good Morning...

Prakash said...

gudmorning master and all frnds

shiva said...

good morning, Sir and friends..

Nilesh Patil said...

Good Morning Master & Friends

Hemanth said...

Good Morning Sir and Blogmates..Have a profitable day :)

Trading For Living! said...

https://skydrive.live.com/redir?resid=BE7C624779B57552!135&authkey=!AGXPvTbhLHaXgu8&ithint=file%2c.pdf

PAT said...

GOOD MORNING SIR AND BLOGMATES

abid gavandi said...

I am new in this blog. Please any body tell me which time frame i.e hourly or daily is useful for positional tradding. Specially Ilango ji, please give me your advice.

cooldent said...

abid

Read about jnsar trading. It is positional based on daily jnsar values

shriram said...

GM Master & JN Family,

Have a gr8 day!

amber said...

Sir ILango ji charan vandan and everyone good morning

vk said...

Namaste Guruji.

Raghavendra said...

Dear All,

Nifty high was right in ND sir's ATR sell zone. Yesterday was also an NR7 day - expect range expansion either today or tomorrow. Last 4 NR7 day's, follow up ranges expanded to downside.

Raghavendra

anand said...

Good Morning Sir
- Breach of opening low 6177 is ORB on downside?
- 6185 still paying resistance at opening.
- If not crossed with 6194 /6200 (6198 (DLEMA), NS to move lower ? Again towards "now critical" 6142?

Raghavendra said...

@ Anand,

Developing HHEMA = 6179 , DLEMA = 6191.

Raghavendra

vintech said...

@Trading For Living, will you post such pdf everyday or will it be available for download everyday.. plz let me know because its very usefull ... thanks

Trading For Living! said...

@ Vintech...

We post it everyday here on blog & if you want it in your mail box send test mail @ tradingforliving@outlook.com

Thank you.

Magesh Waran said...

goodmorning illang sir and blog mets

Post a Comment