Monday, June 20, 2011

Nifty PreMarket View

Move above 5445 will unfold a larger bounce breaking out of the channel.
Limiting below 5425 or 5445, deeper falls will emerge.
Break of Friday's low 5355 would confirm a break down from weekly uptrending channel.Go Long @ 5355/5365 or above 5380(pivot) & book out @ 5410-5420.
Go short @ either @ 5410-5420 or 5445 with a small SL.(5455)

26 comments:

San said...

Good Morning Ilango Sir and Friends

Descending Triangle - NIFTY: CLICK HERE

chetan said...

good morning sir,seniors & friends.good day to you all.

Unknown said...

Good morning all, Today's table and view is straight
forward trades with no ambiguity. For newbie this kind
of view makes them comfortable and allow them to stay
focused in trades.

parimal said...

Namaste Ilango Sir and all friends

Prabakar said...

Namaste Ilango Sir and JN Family.

Jagan said...

Namaste Ilango Sir and to all

ganya said...

namste sir,
profitable day for all

Shradha Saburi said...

Namaste Sir and JN Family

u.k.Raj said...

Good Morning ALL

Anonymous said...

good morning all -

charts are updated -

good luck !

Yash and Dhan said...

Namaste sir,
5355 broken downwards.
The fun starts for Bears?

Sukanya said...

Namaste :)

Ram Charan said...

gm friends--will close my shorts around 5328. previous low.

cooldent said...

Kumar sir, Around or still travelling? Exit long?

Only Nifty said...

Rajanikanth put Sell order below 5330 now.. ;)
What happened to IT :O

Anonymous said...

target for IT index is at 5300 -

Ram Charan said...

cooldent: if i remember kumar sirs style of trading..he will look at hourly closing below 5350 then only he will cover his shorts.

cooldent said...

@RC. Yes. im holding on. but stop loss hit for 5400 ce at 45

gauresh59 said...

Namaste ilango sir and friends,

Today's quote received :
Don’t wait for extraordinary opportunities. Seize common occasions & make them great. Weak man wait for opportunities, strong men make them. A failure is not always a mistake, it may simply be the best one can do under the circumstances. The real mistake is to stop trying.

Anonymous said...

Good Morning..............

Ram Charan said...

cooldent: probably reenter again if hourly closing is above 5350 is a good idea?

cooldent said...

@RC. 5350 looks tough :(

Dinesh Rishi said...

नमस्ते to All :D

cooldent said...

@RC. Exited. BN still long with SL 10500

Ilango said...

New Post Done.

Ram Charan said...

yeah cooldent :(. with ydays calls i also bought 2 puts today. if nifty goes below 5328 then close calls or vice versa. so more or less loss is hedged.

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