Wednesday, March 28, 2012

Nifty PreMarket View

"5278", yesterday's high is crucial as a trigger(29th JNSAR & today's J10SAR)
Intraday strength above 5251, DEma & weakness below it.
"5228-5235"(21Hr Sma/Day pivot)breaking down point for lower levels-5155-60 zone.
Expecting MEma & 200sma to hold for a reversal & at worst Mth JNSAR.
Similarities in correctives continued but I missed stating it during the intra rise...
(Lower close @ 10.00AM would turn the Hr Lead indicator down again)

52 comments:

Nilesh Patil said...

Good Morning Master & Friends,

Thanks Master

Asha said...

Good Morning Ilango Sir and all the blogmates!

dayakar said...

Pranams Sir,
Good Morning to All

Manish said...

Good morning Master and JN family !

"Google is boy or girl ?"

Google is obviously a girl ! Coz it wont allow u to complete
ur sentence & start suggesting n guessing on its own.

jonak said...

this correction is getting on my nerves...can anyone tell whats going on with options data....read that for April series long buildup...and read yesterday shorts were created...were those shorts for March series...for remaining 2 days???

Unknown said...

Good Morning All

@ manish

LOL

LV

The_Unprejudiced_Observer said...

Good morning.
@manish, i liked it about google....

The_Unprejudiced_Observer said...

? mild positive divergence in lead indicator.

San said...

Good Morning Ilango Sir and Friends

CNX-IT and Bank Nifty Chart analysis: CLICK HERE

Jagan said...

Namaste Ilango Sir And All.

SANPOT said...

Good Morning Master and all Blog mates.

SJkolkata said...

As its always said, that the market takes positive global cues to tank. So will it now take -ve cues to go up and give strenght to the technicals.

SJkolkata said...

As its always said, that the market takes positive global cues to tank. So will it now take -ve cues to go up and give strenght to the technicals.

sushil said...

good morning master and blogmates

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers.

LV

Nifty futures said...

Namaste Ilango Gurujji,

GOOD MORNING to YOU & to all followers of JN blog..

Akash Patel said...

good Morning sir and seniors
can anyone know how's Vishal's health? please.

santej said...

good morning ::)

Nakshatra said...

Good morning master and all JN followers.

suresh said...

sir ji,
good morning.
please give guidance/link for
21/34 sma on 60 minutes-tf
thanks

POWERTRADE said...

Good Morning Sir and Warriors

Traveller said...

Good Morning all

Fast fall setup on hourly chart.

POWERTRADE said...

Open High same in NF and BNF

shabsaif said...

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

Nakshatra said...

@ PT

Also almost same in NS

Nakshatra said...

and same in SENSEX

POWERTRADE said...

Nakshatra,

so out SL for shorts is given by market :)

buggie advani said...

downside ORB at 5207

Nakshatra said...

@ PT

yes :)

ORB 5206 - 5232

Nakshatra said...

ORB broken on downside

Unknown said...

GM sir and JNFAMILY friends

Yash and Dhan said...

Good Morning Sir and all blogmates.

The_Unprejudiced_Observer said...

Lead indicator indicating upside(?).. how much imp shd be given to or break?

Prabhakar said...

Good morning Ilango Sir and all blog mates

5207< ORB >5232 (NS)

5207< ORB >5235 (NF)

shriram said...

Morning Illango ji & JN family,

Sir, pl check ur email

Have a gr8 trading day ahead :-)

cheers

POWERTRADE said...

Metals "The Red Spot"

Bijoya Sit said...

Sir, As mentioned on the chart .. 5228-5235(21Hr Sma/Day pivot)breaking down point for lower levels-5155-60 zone. should we manage position according to that?? Regards.

gauresh59 said...

Namaste ilango sir and friends,

Today's quote received :

The fears you don't face becomes your limits...
The doubt you don't deal becomes your wall...
Face the fears & deal with your doubts & be a winner!!!!

Don't allow your Doubts & Fears to dismiss self confidence to win.

A man lost whole business in fire. Next day paced signboard:
"Everything burnt but luckily Faith & Confidence undamaged. Business starts tomorrow".

Suraj said...

Dear Shriramji,

Hi. I posted a comment on your blog. I hope it is not deleted as I can't see it now.

Regards
Suraj

Pankaj Shukla said...

today may be day of long unwinding so slide may continue little longer than people think.

lots of long position created in this series so that needs to be unbound.

Bhushan said...

Good morning Gurudev and friends!

shriram said...

Morning Suraj,

Have replied to you. Pls check again!


rgds

Rajvada said...

Good morning friends. 1 & 2 completed, 3rd on upside now

Ilango said...

@ Bijoya Sit,

Weakness below 5251, DEma - Opened below it.

Break down point @ 5228-35 - Opened into it and fell.

"5202" is the first support. Below it, it is likely to retest 5175.

Though we are able to suggest weaknesses, break down points, etc.. targets are always tricky. Hence, one should do part booking.

Rajvada said...

2nd retraced 61.8 %. Now iii of 3 on upside

vikram a g said...

@pankaj Shukla,

can i have ur mail id. have something to share

Suraj said...

Dear Shriramji,

Yes I got the reply from you. Thankyou so much Sir.

Regards
Suraj

Ilango said...

New Post Done.

Pankaj Shukla said...

check profile

NEVER GIVE UP said...

Good morning sir and all blog mates,
i think abc is runing for now
a 5232to5206
b 5206to5219
c 5219to?

NEVER GIVE UP said...

Good morning sir and all blog mates,
i think abc is runing for now
a 5232to5206
b 5206to5219
c 5219to?

gkm223 said...

Again today 233DMA 5205-10 will come into play
i think and VIX will also due to 233DMA.

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