Monday, January 27, 2014

Nifty Pre-Market View.

Rewards comes to those who do the "following"..
Though Nifty is still within the broad trading channel, staying below "6331" on Friday, it generated almost perfect "sell" signals from across various studies.
EW: Reduced to two possibilities.(3rd is hidden within the first)
Below "6287", it alerted to the deeper falls with sub-dividing waves....
"2nd" wave unfolding to a target zone of 6143-62. Decisive break of this zone would lead to "deeper correction".
"2nd" wave completed @ 6356 and a 3rd wave unfolding, 1st being 6415-6130, 285 points, targeting a minimum of 6071 as equality and 5900 approx as 1.618 of 1st with corrective rises in between.

26 comments:

venkateshspices said...

Good Morning sir & friends

Nilesh Patil said...

Good Morning Master & Friends

DNSHUKLA said...

Good Mng Sir and Friends.

D.S.SASAN said...

Good Morning Sir and Dear Bros. & Sis's.

Hemanth said...

Gudmrng Sir and Blogmates.....Have a Profitable day !!

Suraj said...

Good Morning Ilango Sir and All Seniors & Friends

NEVER GIVE UP said...

Good Morning Sir & All Friends.

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

San said...

Good Morning Ilango Sir and Friends

NIFTY Chart analysis: CLICK Here

Sujatha said...

GM sir nd friends :)

2nd targets achieved...due to my time constraint i can't give follow up for my "6050" target.. hence closing the position.

take care - Happy trading week. - bye

m.veerasamy Maruthai said...

Good Morning Sir and Blog Mates

veerasamy

Magesh Waran said...

good morning illango sir & blog mets

farmzpro said...

Good Morning friends, a possiblity of Intraday EW... good time to watch would be 9:40 to 10am... for a pause...

J.R.Julius said...

Pranams Sir.

Goldend Words:
///Rewards comes to those who do the "following"

Prakash said...

gud morning master and all frnds

amber said...

Sir ILango ji charan vandan and everyone good morning

marina s rao said...

GM Master & Blogmates.

Mouth watering Monday for Bears

nightMarish Monday for Bulls

But Profitable day for all of us as usual.

shiva said...

good morning, Sir and friends..

vksoni said...

sir,
4th running from 6294?

Prabhat said...

GM master & friends.

shorters keep a close watch. Since tomorrow is an eventful day, there might be some sort of short covering coming after 2:30 pm since people who have shorted above 6300+ levels might part book.

Shiv Kumar P P said...

Good Morning master & Friends !!!

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