Friday, March 23, 2012

Nifty PreMarket View

The numbers to pay attention to today are:
Bulls would prefer to close the index above DLEma & WLEma-(depends on the lows.approx:5240)
Closing above DEma is a tall order presently @ 5295.
So resistances would be around 5273-Day pivot & 5295.
Correction has few logical targets:
S2 of week @ 5180; 200sma @ 5165; WEma @ 5155. If these break, then to S2 of day as well as 50% retracement @ 5081-93.
Camarilla has a trading range of 5179 to 5278 as L3&H3.
EW: a 4th wave bounce to be followed by a 5th.

77 comments:

Bala C said...

Good Morning Master Ji,

SGX Trading @ 5254 with open/high/low so far @ 5261.5/5262.5/5243 respectively

Nilesh Patil said...

Good Morning Master & Friends

Soneri suryachi soneri kirne,
Soneri kirnancha soneri diwas..
Soneri diwasachya Soneri Shubhechha!
Gudipadvyachya Hardik Shubhechha.

buggie advani said...

Good Morning Sir & Family
happy holidays to all .
Cheers

Nilesh Patil said...

@Master,
Is CT is still Valid?

durga said...

HAPPY UGADI to MASTER,and all blogn mates.have a great day.by the by those billionaires residing in the TOMBS,will shell down any thing to be ALIVE this day .make the most of the day.

Bhushan said...

Good morning guru dev and friends

@
//((
//((
// "

Gudhi
Padvyachya
Hardik Shubheccha.
Shrikhand Puri,
Reshmi Gudi,
Limba che Paan,
Nave Varsh jaao khup chhan.!

Unknown said...

Good Morning All

Happy New Year !

yesterday I miss big action day due to power problems here.
Real coal scam hit me.

Let it be.

Have a nice trading day.

San said...

Good Morning Ilango Sir and Friends

Nifty Chart Analysis: CLICK HERE

SAM said...

@Nilesh...

Wish you all Happy GudhiPadava

SAM said...

@All

Wish you all Happy GudhiPadawa

@Nilesh

गुढीपाडव्याच्या हार्दिक शुभेच्छा

Yogavidya by Parimal Devnath said...

Happy Ugadi and GudiPadva to all blogmates
may this New year bring heaps of peace, and prosperity and good health to all
may the Lord bestow bliss upon all here
Namaste Sir Ilango and all friends
I also missed yesterdays action due to power cut.
once Maharashtra was producing excess power and there
was no concept of powercut. not so any more thanks to unscrupulous politicians.
Maharashtra is going the Bihar way while Bihar is going the (old) Maharashtra way

satheesh said...

Namaste Ilango sir and all,

Nifty Long Term Channel Support :
Click Here

Nifty Day channel:
Click Here

Nifty Hour Channel:
Click Here

Traveller said...

Good Morning and Happy New Year to Master and all :))

merc9000 said...

Hello, i am trying to download real time data from google finance to excel but having issues. anybody has done this?

satheesh said...

Bank Nifty Long Term Channel Support :
Click Here

Bank Nifty Hour Diamond Pattern:
Click Here

dayakar said...

Pranams Illango Sir.
Good Morning to all.
WISHING ALL VERY HAPPY UGADI DAY

SAM said...

@Parimal...

Where do you live???

Powercuts in my place also.

Nifty futures said...

Namaste Ilango Guruji,

GOOD MORNING to YOU & to all members of JN family...

I WISH HAPPY festivities to ALL..

Amol007 said...

गुढीपाडव्याच्या हार्दिक शुभेच्छा

Yogavidya by Parimal Devnath said...

@SAM
i live in Lonavla, between Pune and Mumbai

Jayaraman said...

Good Morning Ilango Sir / Blog mates,

WISHING ALL VERY HAPPY UGADI DAY / Gudi padawa / Cheti chand

SAM said...

So you are Sandwitched..:) D

In Pune and Mumbai no Powercuts.....

POWERTRADE said...

Good Morning Sir and Warriors ..... Wishing here all for the ocassion today

Nilesh Patil said...

@SAM,
गुढीपाडव्याच्या हार्दिक शुभेच्छा

Yogavidya by Parimal Devnath said...

@SAM
Sort of, power is a big issue here
where do u live

abhishek said...

To all friends of just nifty....

Happy Gudi-padwa...

*****गुढीपाडव्याच्या हार्दिक शुभेच्छा*****

shriram said...

Happy Gudi Padwa (new year's greetings) to Master & everyone in JN family

Have a gr8 trading day ahead !

cheers

sushil said...

GOOD MORNING MASTER AND BLOGMATES

Nilesh Patil said...

@SAM
गुढी उभा केली का

Yogavidya by Parimal Devnath said...

Ho keli

SAM said...

@Parimal.... In Sangli District

SAM said...

धन्यवाद निलेशभाऊ.
हो ,गुढी उभी केली.

santosh said...

Namaste Ilango sir and all,
Navin varshachya pahilya divashi visrun jau juni dukhkhe ani pahu navi sukhe karu nave sankalp swatala ani samajala samrudh karnyache.

Trading.Signal said...

गुढीपाडव्याचा सर्वांना हार्दिक शुभेच्छा !!

Regards,
TT

Akash Patel said...

good Morning sir and seniors

Rahul K. Jamkar said...

To all,
गुढीपाडव्याच्या हार्दिक शुभेच्छा

Yash and Dhan said...

शांत निवांत शिशिर सरला
सळसळत हिरवा वसंत आला
कोकिळेच्या सुरां सोबत चैत्र पाडवा दारी आला
नूतन वर्ष अभिनंदन

Nilesh Patil said...

@SAM,
There is only one solution for power cut i.e. LAPTOP.

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers

LV

Jagan said...

Namaste Ilango Sir And All.
Happy Ugadi to all.

shriram said...

34EMA, 30min - 21EMa,5mins trade update:

Entry : Short ysday @ 5325

Where to exit: TSL as 21EMA,5mins (currently @ 5263)

If we close >21EMA , for 2 5 min Candles, one should exit & book profits.

Lets c , Jai Ganesh!

SANPOT said...

Happy Gudi Padva to Master and all blog mates.

Ilango said...

Keeping below day's pivot-5273,it could get resisted around 5260-70.

If advances beyond the pivot, treat the fall as an "abc" and wait for the retracements as per TT to "resell".

bb said...

Ilango please guide us , as you did superbly yesterday.

Unknown said...

gm master & prentice

गुढीपाडव्याच्या हार्दिक शुभेच्या....!!!

Indus said...

@ilango

Resell area between 50% and 61.8% retrace levels?????

shriram said...

Morning Illango ji,

5257-5281 are also prev EOD candle Bottoms.

Rising LTL from 4588 EOD also comes @ 5310

And on Weekly Candles : 5304

How to Identify & combine stduies to work out resistance zones,
can u advise any other angle ??

urs

Unknown said...

where I can resell sir ? can i resell at 5275 NS

Akash Patel said...

nifty banknifty above pivot and 34EMA in 5min chart. can go long?

Randhir said...

Dear All....

Wish you a Very Happy GUDI PADWA...

Thanks

shreyunik said...

Happy Gudi Padva to all!!

Ilango said...

@ Indus,

You know it already.

The_Unprejudiced_Observer said...

Good morning and happy varsha pratipada.

Ilango said...

@ Shriram,

Yes. Previous bottoms are the first resistances.

Plus take from TT based on the kind of opening(Strong today), either HHEma or HLEma(incase of weak opening).

5295-DEma should be the median above which mild strength.

Parminder said...

Master ilango and friends ,
Good morning to all and wish all
Happy Gudi Padawa

Indus said...

@Ilango

Thank you...yes i do:):).....but get a major boost
from your "karmic effect"

STOCK4SURE said...

in 5min charts 55ema at 5290..may give res to upmove

JUSTVINAY said...

Dear All,

WISH YOU A HAPPY GUDI PADWA...

NUTAN VARSH SARVANNA SUKHACHE, SAMRUDDHICHE,BHARBHARATICHE V AROGYADAI JAO HI AAI BHAVANICHAYA CHARNI PRARTHANA...

SAM said...

Yes Nilesh... that is why I shifted from Desktop to Laptop

shriram said...

Thanks Illango ji.

eyes glued on the developing TT

Shikhartimby said...

गुढीपाडव्याचा हार्दिक शुभेच्छा

Parminder said...

Master ilango,
in the TT why is the fibo retracement from 5363 not 5386
kindly guide

HARISH TAHKKAR said...

Sir,
If rise beyond pivot,golden ratio sell=5304 ?
slo 20 or 80% 5332.?

gauresh59 said...

Happy Ugadi and GudiPadva to all
May this New year bring heaps of peace,
and prosperity and good health to all
May Lord bestow bliss upon all here

gauresh59 said...

March 23 ,1931 Martyrs Day ....
Indian Freedom Fighters.......
BHAGAT SINGH, RAJGURU and SUKHDEV
Hanged to Death.............!!!!!!!!!
Heartly Salute....!!!!!!!!!!!

Akash Patel said...

what will be re-selling area sir. thanks

Sujatha said...

Good morning sir and all :)

Wish you all Happy "Gudi Padwa" and "Ugadi".

Have a good day to all.

PS : @ this time sensex survives here is the - 1, 2, 3 the Game Starts nowwww

POWERTRADE said...

Just watiting for the OPEN LOW of NF to break and the Magic Begins

Piyush Sharda said...

happy new year sir and friends

Prabhakar said...

Good morning Ilango Sir and all blog mates

It seems closing above Dlema and below Hlema

Nilesh Patil said...

Sis is in Bull camp.

Smita said...

Greetings ilango sir and JNfamily ..
My best wishes on this auspicious day of Gudi Padwa , Ugadi and Day 1 of Navratri !

Prabhakar said...

3 postings at same time..

IamthtIam said...

Good Morning Master and All
We are celebrating Ugadi here :)
Wish You Happy Ugadi,Gudi Padawa, Cheti Chand!

Anil said...

@sujatha

plz give ur levels, if not here, then u know where..

Ilango said...

New Post Done.

shriram said...

rest of asia is a sea of red !

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