Friday, January 17, 2014

Nifty Pre-Market View.

Immediate resistances @ 6329-38;
Major resistance would be "6343-58", above which is 6382.
Critical support @ "6291", 80% of last rise.
Earlier cluster resistance,6264-88, should act as support during this correction.
In false break-out, prices retrace back into the consolidating channel for one last correction as in "ABCDE". "D" being the "false break-out" and "E" being the retracing back(6222-36).
If bullish, it should hold above 6264-77 and move higher..
"6358" is approx. the WHEma+40.

23 comments:

DNSHUKLA said...

Good Mng Sir and Friends.

venkateshspices said...

Good Morning sir & friends

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

Devendra said...

Good Morning Master and all Friends!

Parminder said...

Master ilango and friends, good morning to all
Regards

jvr said...

Good Morning Master and Friends,

Hemanth said...

Gud Mrng Sir and Blogmates....Have a Profitable day !!

Squander Star said...

Good Mrng Master & Friends

" First we form Habits; Then they form us " - jim rohn

good day guys

Suraj said...

Good Morning Ilango Sir and All Seniors and Friends

Prakash said...

Gudmorning master and all frnds

Shiv Kumar P P said...

Good Morning Master & Friends !!!

D.S.SASAN said...

Good Morning Sir, dear Bros. & Sis's

deepak b said...

Good morning sir & friends...

anand said...

Good Morning,
Have been away due to some personal reasons..
When this range trading will resolve ? Hope we get some clarity today.

Trading For Living! said...

Good Morning,

Daily Nifty Report:

https://skydrive.live.com/redir?resid=BE7C624779B57552!164&authkey=!ALO0scIM8KDLq3s&ithint=file%2c.pdf

kat said...

Good morning Ilango Sir and all the Blog mates!

vishal modi said...

good morning master & friends

farmzpro said...

Good Morning Sirji and friends...

for Intraday - chart shows likely small range today, but its a friday so.. need to wait.

shiva said...

good morning, Sir and friends..

NEVER GIVE UP said...

Good Morning Sir & All Friends.

amber said...

Sir ILango ji charan vandan and everyone good morning

shriram said...

GM Master & JN Family,

63strike is facing a major war.. have a gr8 day !

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