Monday, May 28, 2012

Nifty Pre-Market View.

Nifty has multitude of resistances in the zone of 4955-4990 above which 5040. Similarly there are multitude of supports @ 4890-4900 below which 4875.
Though Hour TA is overbought, uptrending day TA along with +ve global cues give an upward bias for the opening session. I would keenly look for any weakening signs whenever Nifty reaches 4976-88 zone. WEma @ 4997 could be a critical number for this week.

49 comments:

IamthtIam said...

Good Morning Master and JN Family!

Sanjay said...

Namaste Ilango Sir & Blogmates,

Bearish: A pause day with Nifty holding on to gains from previous day, range bound moves on the anvil...; Option Analysis for 11-05-2012

Yearly, Weekly & Monthly Profile Charts and Values

Dedicated Site for Option Open Interest

Duplicated at Wordpress Site

Thanks & Regards,

Sanjay Kr Jaiswal

Nilesh Patil said...

Good Morning Master & Friends

GP said...
This comment has been removed by the author.
San said...

Good Morning Ilango Sir and Friends

NIFTY, India VIX and Hindalco H&S pattern: CLICK HERE

GP said...
This comment has been removed by the author.
GP said...

Hi ilango sir - Good Morning

Can you please explain the importance of open interest
in F/O Trading and Please the very Important
tell me how to read the open interest in the live market
and What conclusion can be made
if we see an abnormal increase or decrease
in open interest of a particular Stock or index - please explain me with an example
i will be very great full to u sir thanks - Girish

J.R.Julius said...

Good Morning Respected Mr.Illango, My Beloved Master Mr.Dinesh Rishi & All Blogmates, Have a Prosperous Day.

J.R.Julius said...
This comment has been removed by the author.
J.R.Julius said...

Camarilla Key Levels - Nifty Spot

H4 4946[BUY]
H3 4933[SELL]
L3 4908[BUY]
L4 4895[SELL]

Today Camarilla's flat channel is too small(13pts)
one can use 20pts SAR instead of Stoploss.

Personal Decision Advised.

Prabhat said...

GM master & all.

@GP: Your question is very generic. You can google & get numerous documetns & links

here is one from NSE: http://www.nseindia.com/content/ncfm/EDBM_workbook.pdf

suresh said...

sir ji,
good morning

Yash and Dhan said...

Good morning Sir and dear blog-mates.

SANPOT said...

Good Morning Ilango Sir and all.

Anonymous said...

Mr Julius
Pl keep up the good work
Also, kindly explain friday trade entry as you didnt wait for price to go upto mid point of L3-L4 . Was it because of sup at 4880-4890 levels.
Regards

Sekhar said...

Good Morning Master & Friends

Manish said...

Goodmorning Master and JN friends

Wish you a Happy Learning and Earning session today.

Good Luck !!!

Rahul K. Jamkar said...

@SAN sir i am not able 2 open hindalco analysis .

GP said...

@Prabhat :GM - Thanks prabhat for that link - i will go through it

NEVER GIVE UP said...

good morning sir and all friends.

venkatapathy l said...

Namaste Ilango Sir and fellow bloggers.

LV

Parminder said...

Master ilango and friends,
Good Morning to all

Unknown said...

Good Morning All

Have a nice trading day !

Yogavidya by Parimal Devnath said...

Namaste beloved Master and all friends
May the Lord grant us peace and prosperity!
Have a nice trading day

dayakar said...

Pranams Gurudev.

Good Morning To All.

POWERTRADE said...

Good Morning sir and Warriors

Unknown said...

Good morning Ilango Sir & all Blogmates

Rgds
Saravanan

J.R.Julius said...

Mr.@nubhut!
Good Morning.

On friday - I gave BUY ALERT before trendline
break or Mid Point touch. I used MACD.

No Secrets - Using Camarilla with MACD/Stochastic/
Trendline/ 21EMA Price Action/ Chart SUP/RES
also Candle Readings will work better than
following bare numbers.

Good Luck.

Anonymous said...

Mr Julius
Thanks a lot

Prabhakar said...

Good morning Ilango Sir and all blog mates

4931 < ORB > 4955 (NS)

4929 < ORB > 4945 (NF)

NOBLE said...

@ MASTER
JNSAR FOR STOCKS INT INCLUDED IN STOCKWEALTH !
PLZ DO NEEDFUL.

Shradha Saburi said...

Good Morning Sir, and all

J.R.Julius said...

Camarilla A Note:
One can calculate camarilla levels for futures
contracts too. Because past observation shows
Traps in Premium/Discount play when we follow SPOT.

Trader can take their own decisions which is
comfortable for them. Follow any ONE. Don't watch
for Spot & futures it will leads to more
confusion.

sanyasho said...

Good morning Master and JN friends

Shradha Saburi said...

@ DR Sir,
thanks for the keeping nifty above 4915 EOD.
now we can carry forward!
regards!

Prithvi Raulji said...

ORB UPSIDE BREAKOUT

Dinesh Rishi said...

Good Morning Master and Copy to All

Shradha Saburi said...

upto nifty 4980 not to worry!

Anil said...

Today US markets closed..so it can be a operators day out...

Prabhat said...

Confused to go short to 4900 or long to 5000.

Bytes said...

Kab tak chappan ?? :)

POWERTRADE said...

@Prabhat

Ek baar to resistance pe atkega :)

Ilango said...

@ NOBLE,

http://wealthinnifty.blogspot.in/2012/05/jnsar-stocks-for-280512-bankniftys.html

Shradha Saburi said...

@prabhat
read premarket view

4990 regression channel uppper band hourly
can make entry with proper stop loss.
regards

POWERTRADE said...

Resisting when needed the most .. loking for break of 4920
to retrace to 4875

Ilango said...

New Post Done.

shiva said...

good morning,seniors..

sanz said...

Morning Sir & Seniors...

jagannath(TIPs) said...

Respected Illango Sir,what is your expected level of
Nifty today's closing basis.

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