Tuesday, March 6, 2012

Nifty PreMarket View

"5297"-Day Pivot above & below which intraday strength & weakness would be reflected.
"5325-45", 21 & 34Hr Sma & 5DEma, more strength.
Below 5266-68, earlier lows, more weaknesses to 5235(61.8% of A),5213-S2 & 5171-200sma.

54 comments:

Nilesh Patil said...

Good Morning Master & Friends

Nifty futures said...

Ilango Guruji, Namaste, GOOD MORNING to YOU & to all followers of JN...

Manish said...

Goodmorning master and JN family

Unknown said...

The one who is aware of his ignorance is knowledgeable
one. - SirShree

“Courage is resistance to fear, mastery of fear – not absence of fear”

…Mark Twain

Smita said...

GoodMorning Sir and All !

POWERTRADE said...

Good Morning Sir and Warriors .

mynac said...

GM Everybody,
Assembly Results Day today..
U.P.State has its own importance in Indian politics. If Samajwadi Party shall be back in power then shall Market take it positively? Have they “Industrial- friendly policies?

Yogavidya by Parimal Devnath said...

Namaste Sir Ilango and all friends
May the Lord give us inner strength to withstand
inevitable changes and challenges that life throws!

Have a successful trading day

ndhannani said...

Good Morning all..i am new to this forum but a regular
reader of Ilango sir's views :) have a profitable day
everyone!!

Jagan said...

Namaste Ilango Sir And All.

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers

LV

Dinesh Rishi said...

Good Morning Master and copy to All

"The market is weird. Every time one guy sells, another one buys, and they both think they're smart."

Prabakar said...

Namaste Ilango sir and JN Family

Nakshatra said...

Open and High are same in NS and NF....:D

POWERTRADE said...

wow ... Copper melting

chetas said...

best UP elecetion results possible for market, . SP wud need congress support for making in to power, and also Mayawati will have to support in centre. Similar situation played out in TN sometime agao. So market will have to go up by eod. BJP the joker in pack

Dinesh Rishi said...

POWERTRADE said...
wow ... Copper melting

==============

दोस्त मार्केट दस बजे खुलती है

POWERTRADE said...

prices says that congres is out ..... A decicive break down below 5268 at open high of 5266 ..... 5078 awaits

POWERTRADE said...

DR sir .... hindalco ne khush kiya .... Mogambo khush hua :)

Jay from Stock Markets in India said...

the magic of FII ?????

Ilango said...

ORB broke above 5266.

cooldent said...

and resisted at pivot?

Ilango said...

Strength above "5297"-Day Pivot.

Jay from Stock Markets in India said...

Nifty from 5255 to 5297 in one minute !!!!!!!!!!!

Jay from Stock Markets in India said...

Bought 115 cr.

Unknown said...

wow

Unknown said...

++100 points from bottom 5253

Ilango said...

After testing WLEma, bounced off our support-5225 and now trading above all LEmas and poised to move higher based on Hour TA reversal from OS levels.

Jagan said...

Trading above 34sma in 5 min chart and pivot.

Ilango said...

Daily channel resistance comes around 5330-35.

POWERTRADE said...

Love such a day Really

Smita said...

Also Trading above the 34 Ema at 5280 , ABove HHema at 5302 .

Ilango said...

Fibo. retracement for 5392 to 5223 fall are:

61.8%:5327.

80.0%: 5358.

Jagan said...

Articles under ZENHABITS are very nice. it is under the
topic of Enriching Blogs at right side of this blog.

cooldent said...

sir wts the developing jnsar for tomorrow?

shiva said...

good mornings,seniors..

Prabhat said...

@Master: Since nifty broke 61.8% retrace levels, can we assume that it is due to test 80% levels &
go long here with SL of 5300 spot & tgt of 5350+?

Jagan said...

Resisted at R1,EOD Channel, developing 5dema(5335).

SAM said...

WOwwwwww.....

Ilango said...

@ Cooldent,

5370
(5364-J10SAR)

cooldent said...

Thanks sir

Ilango said...

@ Prabhat,

For an intradayer:

The support was 5225-35, the 1st place to attempt to go long.

ORB:5222-5266; @ 5267, the 2nd place to go long.

Day Pivot:5297, the 3rd place to go long.

Based on Hour TA, it does look like a reversal.

"5313-HHEma, a close above this @ 10.00AM would be good.

Above 5336-41, channel gets broken.

POWERTRADE said...

Oversold conditions adjusted and now in the direction
of trend again :)

Ilango said...

And the bears have come back @ channel resistance.

POWERTRADE said...

Ameeen Ilango Sir :)

SAM said...

This months highest intra points booked...

Smita said...

Sir ,
On google charts , I see a Gap in 2 mins candles between 10:00 and 10:00 , does it have any significnace ..can we infer anything ?

cooldent said...

5230 to 5295

done for the day

Parminder said...

Master ilango,
Good morning and thanks to ur liveviews and trading ideas
which u publish here for the education of novices and ur
readers here.
Thanks
regards☺☺☺☺

Smita said...

No sir there is no gap ...The charts were showing me a min back now it is not there

Traveller said...

Market feeling lot of G-force :)

Ilango said...

New Post Done.

Nifty Trader said...

hi illango sir

Nifty Trader said...

any nifty trend tips... sir

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