Wednesday, May 9, 2012
Nifty Pre-Market View
Knowing EW reveals to you that the rises during major downtrend are correctives and knowing classic TA shows you the likely resistances. More such clues are revealed such as negation points, targets, etc..
A more bearish chart is shown in the "5-Minute spot" below the "Hour chart". Accordingly, we'll look for a deeper cut if its the "3rd wave". If it is "v"th wave as shown in Hour chart, it should pause around 4900-50.
Trading below 4990 & 5035 is weakness for deeper falls.
"Sell on rise" continues... till a close above DLEma.
Elliot's Impulse waves.(Part-5)
IMPULSE WAVES :- The Basics Waves that move the market in the direction of its main trend either up or down are called Impulse waves. 1....
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ... -
I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
40 comments:
GM Master and all
GM Master,
U have presented a view on Feb 16, 2012 that Market
after rising from 4531 to 5630 move first to 5800 then to
4000 or sub 4000 level.
Is that view negated now?
Good Morning,
Dear Ilango,
Yesterday's & a day before yesterday's BIG volume trades are very much supportive with today's Pre Market View.
Thanks..
Good Morning Master & Friends
Namaste beloved Master and all friends
May the Supreme Lord bless us with intergity and prosperity
Have a nice trading day
Good Morning Ilango Sir and Friends
Nifty Chart analysis: CLICK HERE
Namaste Ilango Guruji,
GOOD MORNING to YOU & to all followers of JUST-NIFTY..
Namaste Ilango Sir And All.
Friends
Kindly refer to the road map given by the Master on
16th of Feb 2012.
he then gave the present Nifty levels
Pranams Sir,
Good Morning to All.
good morning sir and all friends.
Goodmorning Master and all JN friends
Have a Great learning and Earning session !!!
Good Luck.
Good morning Master and all blogmates.
Have a great trading day.
sir ji,
can v calculate cams level using 2days
first 15 mts data.and also using the daily
volatility .
Master ilango and friends
Good morning to all
☺☺
Camarilla Key Levels
H4 5075
H3 5037
L3 4962
L4 4925
NOW Scenario 1
Good morning Gurudev and friends
As NS is Above L3 if fall & Touch L3 should not BUY
till confirm NEW HL or TL Break. Never catch falling Knife.
Julius
TL????
Good Morning Master and copy to all
@Mr.Cooldent,
Good Morning.
Trendline.
23.6% retrace @ 4987 for the fall from 5076 to 4960.
Above 4987, 38% @ 5004; 50% @ 5018 are resistances.
okies thanks :)
Goodmorning sir and all :)
Kumar sir - 4959 done almost nearby..now ball is with youkick it with full power let market bounce today. thanks n advance.
Hi mynac - gm :)
Cooldent
after cocktail party draw a straight line
try to walk on it
if able to walk straight TL = Trend line
if not bale to walk properly TL= Talli line
@DR
good one
lolssss
Sis,
Thanks
2day BN open & high and Sensex Open & lower were same
BN broken its High
Sensex still maintaining
Good Morning...............
GM brother - mm..y i take this decesion is BN may touch 550/80/603 etc., crossover of 603 isshort term relief for bulls so as nifty??? only time will tell
Very Good Morning Dear Sujatha,
After so many days later you are here means,probably,we must have arrive near some imp.level...:)
Good morning Ilango sir and all
@Mr.DR sir & Mr.Cooldent,
Lols
http://www.youtube.com/watch?v=ShNqiWI41I0
Pre-Market:
Trading below 4990 & 5035 is weakness for deeper falls. "Sell on rise" continues... till a close above DLEma.
Nifty moved upto 4998 & Falling....
J.R.Julius
Lolzzzzzzzzzzzzzzzzzzzz
Hourly charts are showing big positive divergence
if holds morning lows I think its good buy for intraday.
New Post Done.
Morning Illango ji & JN family,
4880-4940 is the level to watch... breach may give a big fall, holding may give a reversal
Have a gr8 trading day ahead :-)
cheers
lolsss
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