Monday, December 23, 2013

Nifty Pre-Market View.

Nifty, holding the DLEma  6158 has rallied higher on Friday on the back of lower VIX & Higher FII inflows.
It is likely to continue with intraday corrections.
The crucial resistances are in the region of "6326-58". How Nifty will manage that zone would be keenly watched for..
Critical support has risen now to "6229-36". Continue to close above DHEma would keep the upward momentum intact.
Two scenarios at work as labelled in the Hour chart for ST. 80% need not negate the bearishness, only 6415.

18 comments:

NEVER GIVE UP said...

Good Morning Sir & All Friends.

kat said...

Good morning Ilango Sir and all the Blog mates!

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

shekar said...

Good morning Ilango sir and blogmates

vksoni said...

Good morning ilango sir and blogmates

venkateshspices said...

Good Morning sir & friends

Trading For Living! said...

Good Morning Sir and friend...

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Shiv Kumar P P said...

Good Morning Master & Friends !!!

shiva said...

good morning, Sir and friends..

anand said...

Good Morning Sir,
Crossing 6306 to indicate strength? Any weakness only below 6256 or dev HEMA?

Prakash said...

gudmorning master and all frnds

D.S.SASAN said...

Good Morning Sir, dear bros. and sists.

anand said...

Taking 1st support at 23% - 6287 of 6213-6310 rise.. Next 38% at 6273..
Near Dev DHEMA now at 6274.Strength till then?

shriram said...

GM Master & JN Family,

Have a gr8 day !

m.veerasamy Maruthai said...

Good Morning Sir and Blog Mates

veerasamy

raj khalse said...

Nifty trend up ... 6280 .. above positional target 6400

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