Tuesday, December 3, 2013

Nifty Pre-Market View.

Day & Hour are in overbought zone and showed signs of weakness yesterday with inability of prices to move beyond resistances.
Month & week are in "sell on rises" and prices moved beyond the MHEma & WHEma and fell to initiate a weakness in Hour T/F.
It still remains as a "Flat correction" from 5972-6212-5973-6229 for the earlier fall from 6343 to 5972.
"Flats" during uptrend are bullish while the same during downtrend is bearish.
As repeated earlier, the signals are mixed in various T/F and the trading range is contracting.
Weakness below Day pivot & Hr JNSAR-6201-06.
Strength above 6230-70.

20 comments:

CHANGE THE LIFE said...

Good Morning Master ......

NEVER GIVE UP said...

Good Morning Sir & All Friends.

Indian Trader said...

Good Morning Master & Friends... :)

vk said...

Namaste Guruji.

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

venkateshspices said...

Good Morning sir & friends

Just Trade said...

Good Morning All

Have a nice Trading Day

Regards

JT

DNSHUKLA said...

Good Mng Sir and Friends.

Arif said...

Ilango ji,
Good Morning...

Parminder said...

Master ilango and friends,
good morning to all
regards

SANPOT said...

Good Morning Ilango Sir and Blogmates.

herry said...

good moorning sirji..

INDITRADER said...

Good Morning Sir & all
A bearish Butterfly In Bank Nifty can Drag Nifty down too

Karthikeyan S said...

Good Morning, Master and seniors

Prakash said...

gudmorning master and all frnds

jvr said...

Good Morning MAster and Friends

shiva said...

good morning, Sir and friends..

m.veerasamy Maruthai said...

Good Morning Sir and Blog Mates

veerasamy

amber said...

Sir ILango ji charan vandan and everyone good morning

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