Wednesday, August 27, 2014

Nifty Pre-Market View.

BN's chart shows a 4th wave done from 14709(Nifty's 7540) at 15503(Nifty's 7862)with a break of the Hour channel & reversing back into the channel. Hence, holding retrace point of the last rise from 7862 is critical for making a new high.
The fall from 7968 to 7862 is of 3 waves and hence, the retrace could be anything.
With the "Trend" intact and hour technicals completing their corrective move from OB to OS zone, prices may have resumed their uptrend.
Immediate resistance/ cluster points are 7925-29 and prices sustaining above it would bring the momentum.

19 comments:

Prabhanshu Raman said...

GM Sir and Friends.
Sir, hope you are recovering well. Pls do take care

marina s rao said...

GM Master & Blogmates.

Wish all long life, Health, peace & Wealth.

gs said...

good morning master
wishing you speedy recovery

venkatapathy l said...

Namaste Ilango Sir and blog friends

LV

NEVER GIVE UP said...

Good morning Sir. I hope u will be feeling well.

Parimal said...

Sir, please do lot of Pranayama or simple deep breathing, please take Chawanprash (only from Arya Vaidya Sala, Kottakkal). wishing you best of health and longevity.

S N said...

Friends

I was away and hence did not access the blog. I am very sad to note the Failing health of Shri Ilango. Let us pray for his speedy recovery. I have a request to all Blog mates. Kindly consider the following and revert for your views / acceptance. Thanks

JNSAR is completing 5 years on this Ganesh Chathurti, if my memory is right. As a mark of our regards and respects for the self less service of Shri Ilango, Let us do a Koottu Prarthanai ( Tamil word for Mass prayer ) for his speedy recovery and Good health. This mass prayer has done wonders for many absed on my experience.


If ok for all of us, let us plan this prayer for just 5 minutes at 11 a.m. on Aug 29 - Market Holiday and an auspicious day being Ganesh Birthday - at your home or any place of your convenience. No special requirements. Just pray to your favourite Gods seeking their Blessings to Shri Ilango and his family for their Happiness and Good health.

Just a request.

Regards

SN
Coimbatore

Bhavir said...

Good morning sir and blogmates. Sir, hope you feeling better this morning. Wishing good health for all friends

D.S.SASAN said...

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

Have A Happy Day.

Sir, enjoying your presence.

S N said...

Friends

I am not Very sound in wave counts. If any of you can help me with wave counts from the last low of 5118 in aug 2013 to 7863 of Aug 2014, it may be of help. Thanks in advance for your help / Guidance.

Regards

SN
Coimbatore

vksoni said...

Good morning ilango sir and blogmates....

Sunil Minz said...

Good morning sir
nice to see your blog
do not strain please,only 2 blogs will do the job
please do care of your health
May good lord take care of you
Good Day again

Ganesh IC said...

Good Morning Sir & JN Family

Bhushan said...

Good Morning Gurudev
Take care very good care of your health

deepak pinto said...

between R1 and R2
in the area of the 3 black crows

Sonu said...

GM Master!

Hope you are recovering well!

FNO HOUSE said...

dear ilango sir 7968 to 7862 is 3wave now holding below 7947 ( 80% ) ABC done X...ABC is unfolding...? posiblity

Ilango said...

7921 7913 ... is 38%-50% retrace of the last rise from …… 7878 to 7947

80% is - 7892

If strength to return again, it should be around 7921 7913

Weakness gets confirmed Below 7913 OR 7892

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