Monday, December 30, 2013

Nifty Pre-Market View.

Nifty has been "bouncing/ inching up" last week after a sharp decline from 6415 to 6130.
It has made a last corrective low @ 6259 below which weakness would get confirmed.
Critical resistances remain @ 6326-58.
Aggressive traders would read weakness as " breaking of 61.8% of last rise" (fm 6259) which coincides with 34 Hr Sma presently.

26 comments:

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

venkateshspices said...

Good Morning sir & friends

Manish said...

Goodmorning master and all friends,

Two days remaining for 2013 FIIs invested around 15000 crore compared to 24300 crore in 2012.

Trading For Living! said...

Happy Disciplined Trading!!!

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NEVER GIVE UP said...

Good Morning Sir & All Friends.

sudharsan said...

Good Morning Master And Friends

San said...

Good Morning Ilango Sir and Friends

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Shiv Kumar P P said...

Good Morning Master & Friends !!!

Hemanth said...

Gud morning Sir and Blogmates..
Have a Proffitable day...:)

venkatapathy l said...

How to know RT - FII activity in the Indian Market? Can anyone provide me the link?

Thanks in advance.

LV

DNSHUKLA said...

Good Mng Sir and Friends.

shriram said...

GM Master & JN Family,

have a gr8 trading day ahead !

kat said...

Good morning Ilango Sir and all the Blog mates!

m.veerasamy Maruthai said...

Good Morning Sir and Blog Mates

veerasamy

Hemanth said...

Sir For Intraday..do you see nifty weakness below critical resistance turned support 6326?
or would you advise to wait till break of 34 Hr SMA

Thanks for your time

Magesh Waran said...

goodmorning illango sir & blog mets


Ilango said...

@ Hemanth,

For intraday trading, trade with Supports and Resistances

When you see "Resistances", Sell.
When you see "supports", Buy.

Flow with the ST trend and when it is OB or OS, be prepared for reversals.

Hemanth said...

Thanks a lot sir for the information :)

Kiran said...
This comment has been removed by the author.
Kiran said...

Typo error... 61.8% of 6259-6344 is 6291.

shiva said...

good morning, Sir and friends..

amber said...

Sir ILango ji charan vandan and everyone good morning

Prakash said...

gudmorning master and all frnds

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