Wednesday, February 5, 2014

Nifty Pre-Market View.

The fall from 6170 shows just 3 segments unless it was part of a running correction; hence, look at the retrace from 6097-5933 fall before which look at the retrace for the 5933-6018 rise.
If 5948-56 is held, prices could move higher in a corrective rise..Each corrective rally during this fall has lasted 6 to 8 hours at the maximum.
"5971" would continue to be the number to conquer besides the DLEma..
Until a close above 34 Hr Sma, view the rises with suspicion.
Trend continues to be down(D...D...D) till a change happens at EOD..

23 comments:

Bala C said...


Good Morning, Ilango Ji

San said...

Good Morning Ilango Sir and Friends

NIFTY Chart Update: CLICK Here

venkateshspices said...

Good Morning sir & friends

marina s rao said...

GM Master & Blogmates.

Have a profitable trading day.

NEVER GIVE UP said...

Good Morning Sir & All Friends.

Manish said...

Goodmorning master and all blogmates,

You make it so simple for all with your experienced eyes.Pranam !!

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

DNSHUKLA said...

Good Mng Sir and Friends.

Trading For Living! said...

Good Morning,
Happy Disciplined Trading!

https://skydrive.live.com/redir?resid=BE7C624779B57552!178&authkey=!AOnIXVLNZHFOv-0&ithint=file%2c.pdf

Hemanth said...

Gudmrng Sir and Blogmates...have a profitable day :)

shiva said...

good morning, Sir and friends.

raj.abj said...

Dear ALL
Namasthe ......

Amol Sharma said...

nifty futures 5975 is 80% retrace...

Prakash said...

gudmorning master and all frnds

m.veerasamy Maruthai said...

Good Morning Sir and Blog Mates

veerasamy

Shiv Kumar P P said...

Good Morning Master & Friends !!!

Kiran said...

Nifty already clears NR7 range in 1st hour... rather in 30 mins.

sometimesbullsometimesbear said...

@TFL Ur PDF report on skydrive is simple and concise....good work buddy.....Keep it going...Thx and all the best...:):)

Trading For Living! said...

@ sometimesbullsometimesbear

Thank You!
Just a small attempt of understanding market.

Any Suggestions are welcome.

Bhanu Pratap Sarma said...

good morning... is it good for short nf @ 6001 ??? plz any body suggest me

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