Monday, April 18, 2011

Nifty PreMarket View.

Hour chart clearly shows a sideways pattern in the range of 5735 to 5945 for the past 10 to 12 trading days. Last attempt to move past 5945 got aborted @ 5923 abruptly. "5885-5915" shows a cluster of resistances. "5780-5800" shows minor cluster supports.

I have deliberately removed the filter from JNSAR being stuck in a narrow range presently. However, as the prices unfold, you may apply suitable filter if the situation demands it.
S1:5785 to R1:5885 could be a range with +/-10 points.

27 comments:

Prabakar said...

Good Morning Ilango Sir and JN Family.

chetan said...

thank you very much & good morning to sir & all friends here.good day.

A J said...

Good Morning blog-mates

Dinesh Rishi said...

You are not only our teacher.
Rather, you are friend, philosopher and guide, all molded into one person.
We will always be grateful to you for your support.

Good Morning

San said...

Good Morning Ilango Sir and Friends

Nifty Daily Analysis: CLICK HERE

gauresh59 said...

Good Morning ilango sir and friends,

Once Rama asked Hanuman:
“Hanuman what attitude do you cherish towards Me?”

Hanuman answered: “O Rama, when I think I am the body, You are the Master and I am your servant.

When I think I am the jivatman (individual soul), You are the whole and I am a part (but)

When I have the knowledge of Reality (Atman), I see that You are I and I am You. No difference at all.”

Happy Hanuman Jayanti........
May Hanumanji Bless all of you
With Wisdom, Strength, and Prosperity......

Parminder said...

Good Morning ilango Sir

Prachi said...

GM Sir and All Friends!

Prachi said...

sir how to identify that situation is demanding filter?

excuse me for the silly que. but need guidence for it.

Regards

Badri said...

good morning sir and friends

shiva said...

good morning,seniors..

cooldent said...

Another tricky day for Jnsar traders :(

cooldent said...

Thank you so much Janvi. Put people here are always on GUARD

cooldent said...

Sir/Seniors, Any take on the jnsar?

Dinesh Rishi said...

Alisa :D Janvi :D

Very Sad to learn that you could not make money from
stock market and you have to hunt for clients :D

cooldent said...

Has anyone reversed jnsar to long?

Piyush Sharda said...

cooldent me reversed, now waiting for sir's comments

Ananyavrat said...

markets shoot up above jnsar...
buy every dip till @ 5853 stoploss 20 points?

Prachi said...

cooldent me reversed to long

cooldent said...

@prachi, PS. Thanks. Now me too. Cos 20 point filter also crossed. Stop loss 5853??

Bhushan said...

JAI HANUMAN GYAN GUN SAGAR JAI KAPISH TUHI LOK UJAGAR
Bolo Bajrang Bali ki Jai!

Ilango said...

"5885-5915" shows a cluster of resistances. "5780-5800" shows minor cluster supports.

Prabakar said...

Fib. Retracement 5922 to 5807, 61.8% @5878.26, if NS manages to cross & sustain, then
78.6% @ 5897.74.

Last 15 minutes, NS roaming in 50 to 61.8%

NS below 5865 & 5851, may move down.

Piyush Sharda said...

@cooldent 5853 is jnsar level ideally shud be below it.
rest sir can tell.

Ananyavrat said...

ilango,
we are rising much faster than falling...
should we just hold long longs with stop @ 5700? for positional traders?

Ilango said...

New Post Done.

Best stock tips provider india said...

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